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, …
The quick answer to why you should own physical gold is that you can’t trust the banks or your government. Eric Sprout, the billionaire precious metals trader, recently conducted an audit of how much gold the U.S. government has been buying and selling over the last few decades. Here is his conclusion: “We used this …
Owning gold is all about protecting yourself and your wealth. It’s the money you keep outside of the banking system and out of reach of Wall Street. It’s about planning for the future and avoiding risk. It’s about coming out on top in the event of a catastrophic social or economic event. To achieve this …
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 …
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 …