Gold bars
Central banks are buying gold again. And you should too.
Is there anything unusual about central banks buying gold? Historically, if you go back far enough, no. In fact, the gold that central banks used to store in their vaults was the physical security they held for the paper money they printed and put into circulation. But for almost a generation now, central banks …
Eff You! I own gold!
When times are tough, profanity can be a great comfort. You know how it is. You’re feeling stressed, you feel your self-control beginning to fray at the edges, bad thoughts begin to bubble up inside, and before you know it your mouth opens…and out comes that time-tested phrase, “Eff You!”. It can happen at the …
3 Reasons why the government doesn’t want you to buy gold.
The thing about buying gold is that it takes money out of circulation, particularly when you are buying physical gold which you then store in a safe or vault. Both the government and Wall Street dislike money being spent on gold bullion and taken out of circulation for at least three reasons.And the purchase of …
Feeling less than confident about the future? Invest in gold.
If you feel your confidence slipping, you’re not alone. Here are a couple of excerpts from commentary on a recent New York Time/CBS News poll: “Americans are more pessimistic about the nation’s economic outlook and overall direction.” “Amid rising gas prices, stubborn unemployment and a cacophonous debate in Washington over the federal government’s ability …
Is it too late to start buying gold? Not even close.
With the price of gold rising to record levels, and with those levels being broken on a regular basis, many people are wondering whether we are due for a major correction. Well, there are always corrections after an extended rise in gold prices. Investors sell to take profits, and then buy again at the low …