gold prices Archives - Page 3 of 9

Umbrellas cost more when it’s raining. And so does gold.

Buy an umbrella before it rains, and gold before the next recession

Nobody thinks about buying an umbrella when the sun is shining and the sky is blue, without a cloud in sight. If we were totally rational beings, that would be odd. Because we know for a fact that it’s going to rain one day. And we know if we don’t have an umbrella before the …

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Why geopolitical change is a strong buying signal for gold.

If you just glance at the headlines, the world seems much as it was last year and the year before. A few wars, some trade disputes, ups and downs in the economies of various countries. Same old same old. But if you look a little closer, you’ll see the first cracks appearing in what will …

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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 …

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Why you should buy physical gold, not paper gold.

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 …

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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 …

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How will the U.S. elections impact the price of gold?

The election will likely have little to no impact on the price of gold. At the most, we might see some jumps up or down, depending on the sentiment of investors just after election day. To put too much emphasis on the election results makes the mistake of assuming that gold prices are driven by …

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Why gold price experts are almost always wrong.

And why, when they are right, it’s just dumb luck. Let me explain. First of all, analysts who want to appear on TV, and financial journalists, need to have something to say. You can’t be a guest on TV or have a financial column if you don’t have something to say each day. And they …

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Why owners of physical gold think like insurance agents.

If you are a gold trader, you’ll be watching the Comex gold futures contract numbers, and you’ll start fidgeting and worrying every time gold prices go up or down by a dollar or two. If you buy gold mutual funds or ETFs, you won’t be as fidgety as the trader, but you’ll still be watching …

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Why are the world’s Central Banks buying more gold?

Action on the gold market has been a little flat over recent months, to say the least. The price has moved up and down on a regular basis since the beginning of the year, but not dramatically up or dramatically down. So what is going on? Well a number of factors have contributed to gold’s …

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Don’t sell your gold after the total collapse of law and order. Sell it just before.

Plenty of people think gold will make them rich if and when we dive into total economic collapse. The theory goes that if paper money becomes worthless, the value of gold will skyrocket. Suddenly everyone with a few gold coins in hand will become immeasurably wealthy. Well, there is a problem with that scenario. …

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