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 …
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 …
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 …
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 …
Looking at the cover of this recent issue of Newsweek, you might get the impression that the world as we know it is coming to an end. There is no doubt that the last few months have been extraordinary. Massive earthquakes, tsunamis, nuclear accidents, revolution and civil war in the Middle East and in North …
First, let’s clarify the difference between gold bullion coins and numismatic gold coins. Gold bullion coins are minted on a regular basis, each containing a fixed weight in gold. They are not rare, or collectible. You buy and sell them according to the spot price of gold on any given day. Numismatic gold coins, however, …
This week I have included recent news items, but also a couple of articles about moving your gold overseas. Bottom line – if you want to move your gold outside of the US, learn the rules first. Investing in gold: a beginner's guide – MoneyWeek Beautiful, indestructible, rare and conferred the unique status of universal …