gold prices Archives - Page 2 of 9

Why I model my gold purchases on the buying patterns of Central Banks.

During these turbulent times, how can the price of gold remain almost constant? It’s been like this for over a year now. Actually, the price of gold isn’t much different today from what it was 5 years ago… with a few ups and downs along the way. At first sight, it makes absolutely no sense. …

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Why I’ve been silent about gold during a year of political and financial chaos…

It’s been over a year since I last wrote a post here. It’s not that I’m no longer interested in gold and gold bullion. Far from it. Nor is it that I’ve stopped buying gold for myself. I haven’t. It still holds an important place in my portfolio. It’s just that nothing has been happening. …

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Buy gold in uncertain times? That would be NOW.

From the day I first starting writing this blog, way back in 2010, the headline on the homepage has said: Owning gold gives you a private, safe haven for your wealth during uncertain times. Uncertain times? That would be now, my friends. Right now. Look around. North Korea is threatening a nuclear missile strike on …

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The one time of year you CAN predict a rise in the price of gold.

Trying to predict the price of gold is notoriously difficult. It’s made hard by the wide range of factors that impact gold prices on an almost daily basis. Gold is a commodity. It’s also an investment vehicle. And it’s used to make jewelry. On top of that, it is owned by the ton by the …

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

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 …

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

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 …

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The bittersweet prospect of gold prices jumping 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 …

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

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 …

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Gold seems to have lost its narrative.

Whether you are talking about commodities, stocks, bonds or anything else you care to invest in, their prices are impacted by narrative. And by narrative, I mean the stories people tell. For example, without the bold, upbeat and optimistic narratives coming out of the world’s central banks right now, the state of the global economy …

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Umbrellas cost more when it’s raining. And so does gold.

Buy an umbrella before it rains, and gold before the next recession

Nobody thinks about buying an umbrella when the sun is shining and the sky is blue, without a cloud in sight. If we were totally rational beings, that would be odd. Because we know for a fact that it’s going to rain one day. And we know if we don’t have an umbrella before the …

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