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 …

As gold prices rise, watch out for fake gold bars with tungsten cores, and other scams.

fake-gold-bar2

  As the price of gold begins to inch its way up, a whole new flood of buyers start looking for gold. (Weird thing…few people buy gold when the price is going down or stagnant. They prefer to buy when the price is higher!) Anyway, as these occasional or “amateur” buyers start looking for dealers, …

In times of emergency you need the gold coins with the highest liquidity.

emergency-gold

  Many of us who buy gold bullion coins are motivated by the desire not only to diversify our investments, but also to build up an alternative stash of “money” for times of emergency. Gold is the kind of money you can spend when chaos strikes, whether the dollar has plummeted in value, the banks …

Why geopolitical change is a strong buying signal for gold.

gold-bar-charts

If you just glance at the headlines, the world seems much as it was last year and the year before. A few wars, some trade disputes, ups and downs in the economies of various countries. Same old same old. But if you look a little closer, you’ll see the first cracks appearing in what will …

What you can learn from Ukraine’s plan to spend $1 billion on gold.

2008-08-09-ukraine-yalta-leaving-port

As I sit down and write this post, Ukraine is on the brink of war. It’s unclear whether this will be a civil war, or will involve Russian troops crossing the border and invading Ukraine itself. But one thing is clear: the government of Ukraine is doing what every other country has done under similar …

During times of global uncertainty, buy more gold.

When should you be buying more gold? Some people make this decision very complicated, listening to analysts on a daily basis, scrutinizing technical charts, and so on. That’s not how I make my own buying decisions. First off, I’m not a trader or speculator in gold. I’m an owner of gold. I buy physical gold …