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!

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 …

Bullion, the oldest reliable investment!

Why you should buy physical gold, not paper gold.

The quick answer to why you should own physical gold is that you can’t trust the banks or your government. Eric Sprout, the billionaire precious metals trader, recently conducted an audit of how much gold the U.S. government has been buying and selling over the last few decades. Here is his conclusion: “We used this …

Bullion, the oldest reliable investment!

Ben Bernanke can’t print gold. Thank goodness.

As you know, Ben Bernanke, chairman of the Federal Reserve, recently outlined his plan for ongoing quantitative easing with QE3. Basically the Fed will keep printing money, pass it down the line to the banks, and then hope it will stimulate some positive economic activity on Main Street. Will it work? Probably not. But we’ll …

Bullion, the oldest reliable investment!

Buying gold bullion is like establishing your own personal bank reserve.

National central banks buy gold bullion for the security it provides. While currencies can become devalued to such a degree that they become almost worthless, that won’t happen to gold. Gold prices may rise and fall, but they will never fall to zero. In fact, at the exact time that paper currencies go into free-fall, …

Bullion, the oldest reliable investment!

Buying and owning physical gold can be a great way to build your savings.

First, let me qualify that headline by saying this applies only if gold continue to at least hold its value. If the price of gold suddenly drops significantly, then your savings will take a corresponding hit. So while using gold as vehicle for savings has been a good bet for several years now, there is …

Bullion, the oldest reliable investment!

If you store your gold at home, protect it from discovery by metal detectors.

Some people like to store their gold at home, hiding it either within their house or buried in the yard. If you choose not to install a safe, and decide either to hide your gold coins or bars in hard-to-find places in the house, or your yard, don’t forget to think about thieves with metal …