Gold prices
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 …
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 …
During times of global uncertainty, buy more gold.
When should you be buying more gold? Some people make this decision very complicated, listening to analysts on a daily basis, scrutinizing technical charts, and so on. That’s not how I make my own buying decisions. First off, I’m not a trader or speculator in gold. I’m an owner of gold. I buy physical gold …
Owning gold – a small downside with a huge upside.
When you invest money there is usually a reasonable upside and a huge downside. Just ask anyone who invested their savings in Enron or with Bernie Madoff. Yes, those are extreme examples. But there are thousands of other cases where honest people invested their savings in the hope of a reasonable growth in their savings, …
Max Keiser tells George Soros to buy more gold.
It’s easy to dismiss Max Keiser. In fact, pretty much of North America’s media do. He has even been called a traitor for painting the economy in such a consistently negative light. But he does have a huge audience, mainly through European media plus, of course, YouTube. And it would be a mistake to dismiss …