Over the last few weeks, the price of gold has surged dramatically, catching the attention of seasoned investors and newcomers alike. As one of the most reliable stores of value throughout human history, gold often shines brightest during periods of geopolitical uncertainty—and that’s exactly what we’re seeing now. Several key factors are behind this recent …
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 …
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 …
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 …
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. …
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 …
