gold
If alchemists really could transform lead into gold, what would that do to the price of gold?
The practice and promise of alchemy have been around for thousands of years, with roots in Europe, North Africa and the Far East. In spite of a long history and broad range of interests, alchemists are undoubtedly best known for their obsession with the transmutation of base metals into noble metals. In other words – …
Who is buying gold: Paulson, Soros, Robertson and others.
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 …
Ben Bernanke can’t print gold. Thank goodness.
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 …
Owning gold keeps you independent of a system that controls you.
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. …
The next big financial crash may happen for the same reasons that airplanes crash. (And if it does, you’ll be thankful you own gold.)
Can you really compare a global financial crash with an airplane crash? I think you can. Modern commercial aircraft are high-tech flying machines, flown most of the time by their onboard computer systems. But sometimes, as was the case with the Air France flight off the coast of Brazil, these planes crash. In …