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!

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 …

Bullion, the oldest reliable investment!

Who is buying gold: Paulson, Soros, Robertson and others.

While I always remain skeptical about the opinions of gold experts, I do take notice when a few of the more notable gold buyers start stocking up on my favorite metal. Over the last few days I have read a number of stories about well-known investors buying more gold. John Paulson and George Soros have …

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!

Owning gold keeps you independent of a system that controls you.

  How dependent are you on your government? How dependent are you on big business for your health, your food, your home and your major utilities? The more dependent you are, the more vulnerable you are. And that’s just how the government and big business like it. They want you to be dependent on them. …

Bullion, the oldest reliable investment!

North Americans don’t own enough gold. And that leaves us ridiculously vulnerable.

Do you own gold, in the form of gold coins or bars? Do you know other people who own gold and store it at home or in a safety deposit box at the bank? Based on the overall demand for gold in North America, you probably don’t. As you can see from the chart above, …

Bullion, the oldest reliable investment!

China is buying hundreds of tons of gold. Here is why…

In an earlier post I wrote about how Central Banks around the world have been busy buying gold bullion. I also mentioned that in China consumer demand for gold is down. And that’s true. Consumer demand for gold in China has fallen because their economy is facing some turmoil of its own. Working people have …

Bullion, the oldest reliable investment!

Why are the world’s Central Banks buying more gold?

Action on the gold market has been a little flat over recent months, to say the least. The price has moved up and down on a regular basis since the beginning of the year, but not dramatically up or dramatically down. So what is going on? Well a number of factors have contributed to gold’s …

Bullion, the oldest reliable investment!

If you are looking for an investment with an AAA credit rating, buy gold.

For the first time since 1917, S&P has reduced the US credit rating from AAA to AA+. The full implications of this change remain to be seen. But one fairly clear outcome is that many foreign investors will no longer view the US and the UD dollar as the ultimate safe haven for their investments. …

Bullion, the oldest reliable investment!

Who is buying gold? South Korea just bought 25 tonnes of gold to diversify its holdings.

When analysts start talking about gold bubbles, I like to step back and take a look at what some of the most conservative gold investors are doing. Sure, individual investors can get carried away with a bull market in gold, and keep buying. But really conservative investors are not so easily swayed by “what’s hot”. …