A few years ago, World Bank chief Robert Zoellick said in an article the Financial Times that leading economies should consider “employing gold as an international reference point of market expectations about inflation, deflation and future currency values.” Naturally, economists and self-appointed pundits around the world called him mad, saying there is no way we …
We have already written about the difference between allocated and unallocated gold storage. But I thought I would share this video with you, as it covers the ground quite well. One point raised in the video is very much worth noting. If you are buying physical gold, and you get to the point where you …
The Fed’s Federal Open Market Committee recently released a statement saying, in part, “policymakers signaled that they’re worried that inflation has fallen too low, with the ‘core’ consumer price index rising year-over-year at a rate of less than 1.0% in recent months, a 44-year low.” Inflation is too low? That’s a novel idea. Those of …
With the price of gold surging ever upwards, telemarketers are coming out of the woodwork and plying their trade. First, they scare their listeners with tales of economic meltdown, evil banks, upcoming wars and anything else they can think of to make you nervous about your financial security. Then they start selling you gold coins. …