Bullion, the oldest reliable investment!

Do I trust the government to protect my wealth and my retirement? Absolutely not!

zero trust in banks

In fact, the way I see it, it my duty not to trust any government, bank or financial institution right now. I know some people reading this will be big fans of particular political parties, world leaders or presidential candidates. Not me. I’m not a fan of any of them. I don’t trust any of …

Bullion, the oldest reliable investment!

If gold isn’t money, why do Central Banks hold so much of it?

bank of England, the British central bank.

Investors hear the same narrative time and time again: Gold isn’t money. We’re told that in today’s global, digital marketplace, gold no longer has a place or a role to play. This narrative sounds reasonable. After all, we live in an age where we do our banking online and can even pay for our groceries …

Bullion, the oldest reliable investment!

In a world of negative interest rates, gold recovers a lot of its shine.

gold in a safe

I wrote recently about how governments around the world are waging war on cash. This war has too fronts. The first involves phasing out high denomination banknotes, like the $100 bill and the 500 euro note. The second involves banning cash transactions over a certain level. But now there is a third front opening up. …

Bullion, the oldest reliable investment!

Cyberattacks and software failures at your bank are two more reasons to keep some of your wealth in gold.

Cyber attacks on banks

Most of us love the fact that we can get cash from an ATM machine, and don’t have to line up in the bank and get money direct from the teller. And more and more of us now have apps on our phones that allow us to check our balances, transfer funds and even make …

Bullion, the oldest reliable investment!

Warning: Why owning gold will soon be banned.

The an on cash and gold bullion.

There is a move by governments to move all financial transactions to the digital world. The first step in that direction is to ban cash. More specifically, to ban high denomination banknotes. To that end, the European Central Bank is talking about phasing out the 500 euro note. And former US Treasury Secretary, Larry Summers, …

Bullion, the oldest reliable investment!

Owning gold isn’t about making investment profits, it’s about mitigating risk.

risk of hurricane

In my last post I talked about how the price of gold could very well go up significantly this year. Goodness knows, there is a ton of uncertainty out there. Here’s just a partial list of the things that give investors and risk assessment managers the shivers… – The market meltdown in China – The …

Bullion, the oldest reliable investment!

The bittersweet prospect of gold prices jumping to the moon.

gold prices to the moon

2016 has gotten off to a rocky start. Global equity markets are on shaky ground, triggered by chaos and huge declines in the Chinese markets. The “war factor” is hitting the red zone, with ongoing conflicts in Syria and Iraq, and some nasty and potentially very dangerous posturing between Iran and Saudi Arabia. Not to …

Bullion, the oldest reliable investment!

Is the U.S. planning to pay down its debt with gold?

Federal Reserve building, Washington DC

Central banks around the world continue to buy gold bullion. As I noted in a previous post, the world’s central banks purchased a total of 447 tons of gold in 2014 alone. That was the second biggest year for buying gold in the last 50 years. And it represented a 17% increase on purchasing in …