Archive for the ‘Gold’ Category

Silver, Gold, and What Could Go Wrong

Read the Latest News About: Gold    Silver    Economy    Central Banking Richard Russell is almost 90 years old and has seen it all. He recently stated: “My advice, as it has been, is to move to the sidelines while holding large positions in physical silver and gold. Regardless of what the markets do, silver and gold represent eternal wealth, […]

Gold Q&A from Readers

Read the Latest News About: Gold    Silver    Economy    Central Banking Based on questions, opinions, and rants from several websites, these are some typical questions and my answers: Q: “Gold has been going down since August of 2011. It is clearly in a bear market, so why tell me it will go up?” A: Yes, gold has fallen about […]

Gold: 14 Years & Three Patterns

Read the Latest News About: Gold    Silver    Economy    Central Banking Gold peaked in August of 2011 and fell erratically into December 2013. Was that the end of the collapse, or is there more downside coming in gold prices? Bearish Scenario: Listen to the banks who are forecasting weak prices in 2014 and thereafter. “Nothing to see here folks, […]

This Gold Model Calculates Prices Between 1971 & 2017

Read the Latest News About: Gold    Silver    Economy    Central Banking Gold persistently rallied from 2001 to August 2011. Since then it has fallen rather hard – down nearly 40%. This begs the question: What happens next? Did the gold bull market end at the top in August 2011 as many mainstream analysts believe? OR Was the decline during […]

Equilibrium Gold Price Model

Read the Latest News About: Gold    Silver    Economy    Central Banking I will be speaking at the Liberty Mastermind Symposium in Las Vegas on February 22, 2014 in Las Vegas. This article will post after the symposium. My topic is: An Equilibrium Gold Price Model. Why bother to create a model? It will project the price of gold – […]

17 Questions That Deserve Answers

Read the Latest News About: Gold    Silver    Economy    Central Banking Germany requested that the NY Federal Reserve return the gold that Germany shipped to the United States decades ago. If the gold were physically in the vaults, it would be relatively simple to ship the gold back to Germany. It has not been returned, which begs the question, […]

S&P and Gold Extremes and Reversals

Read the Latest News About: Gold    Silver    Economy    Central Banking Michael Lombardi has written many good articles about gold, the economy and the stock market. A few are listed below: Why I’m So Cautious About 2014 Massive Shock Coming to the Gold Market Soon? If Gold’s A Bad Investment, Why… January Indicator Points to a Terrible 2014 For […]

The Status of Gold Exchange Traded Funds

Guest post from the Financial Chronicle: Are they still a worthy investment? Of all gold-backed investments, the ETFs receive the most criticism—this is because its status in the markets has been as unpredictable as the price of gold itself. Investors are therefore left in a quandary of whether to retain gold ETFs in their portfolio […]

Gold Investors: Take the Red Pill!

Read the Latest News About: Gold    Silver    Economy    Central Banking We make choices in our thinking, lifestyle, savings, and investments. We can look reality squarely in the face and swallow the red pill (from the movie – “The Matrix”). Or, we can swallow the blue pill with a healthy slug of whisky, continue riding the roller coaster of […]

Gold Will Plummet to $500! Charles Ponzi and I Believe It.

Read the Latest News About: Gold    Silver    Economy    Central Banking Yup, that is the story. The following arguments explain why Charles and I think gold will plummet to around $500 per ounce. Also, after my luncheon date with Elvis, I have a large bridge for sale. If you are interested and willing to make a SERIOUS OFFER, see […]

Gold & Silver vs. Hope & Change. Place your Bets!

Read the Latest News About: Gold    Silver    Economy    Central Banking The BIG Perspective: Examine the following “Point & Figure” chart from Ron Rosen. This type of chart plots price on the “y” axis while the “x” axis shows time but without uniform distance between years. The long term trend has been up since 1970 and 2001, while the […]

Gold, S&P, or the Dollar, Mr. Bernanke?

Read the Latest News About: Gold    Silver    Economy    Central Banking Let’s back away from the “smaller” questions like: Will the Fed taper or not? Is Obamacare a disaster or just a huge problem? Is the S&P 500 index due for a correction? Is the U.S. economy improving? Why is most of the rest of the world angry with […]

QE + Desperation = Higher Gold Prices

Read the Latest News About: Gold    Silver    Economy    Central Banking The Setup A century ago bankers created the plan for a U.S. central bank, bought enough votes to get it passed into law, encouraged deficit spending, government debt, and extracting the interest payments from taxpayers. The process has worked well for the bankers. After several expensive wars and […]

Gold, Silver and the Debt Ceiling

Read the Latest News About: Gold    Silver    Economy    Central Banking To paraphrase William Shakespeare, “the debt ceiling drama is a tale told by idiots, full of sound and political fury, signifying nothing.” We now have a reprieve for three months – the 11th hour deal, complete with payoffs and the usual corruption, will keep the world safe for […]

Created Currencies… are NOT GOLD! (Financial Prepping 101)

Read the Latest News About: Gold    Silver    Economy    Central Banking Paper currencies seem normal. They seem natural. We are told they are necessary. Paper currencies with no intrinsic value are used everywhere – we pretend they are valuable. If we don’t look closely, or remember the world of 60 years ago, they seem like a good idea. Monopoly […]

The Reality of Gold and the Nightmare of Paper

Read the Latest News About: Gold    Silver    Economy    Central Banking Since Nixon “temporarily closed the gold window” in 1971 all currencies have been created as debt, not as asset backed real money, like a gold Double Eagle. Year US National Debtin $Billions 1913 3 1971 398 2013 16,730 The value of the debt backed paper is supposedly based […]

Gold, Silver, and the Status Quo

Read the Latest News About: Gold    Silver    Economy    Central Banking Gold and silver will survive as a store of value and wealth. Paper money, the economic status quo, unfunded liabilities, pension plans, exponentially increasing debt, massive budget deficits, “to-big-to-fail” banks, and so much more are at risk of gradual or catastrophic failure. Gold and Silver Precious metals have […]

Gold, Silver, and the Sins of the Past

Read the Latest News About: Gold    Silver    Economy    Central Banking Consider these thoughts on “the great lie,” our strange world, its unstable financial system, overwhelming debt, exponential growth, inevitable collapse, fractional reserve banking, counterparty risk, and gold – from highly intelligent individuals who think beyond the traditional: From Karl Denninger: Detroit: The Shape Of Things To Come “If […]

Gold Cycles: A Low About NOW?

Read the Latest News About: Gold    Silver    Economy    Central Banking Background: Gold prices peaked in September 2011 and have dropped over one-third in the past 22 months. Sentiment by almost any measure is currently terrible. Few in the US are interested in gold (although gold is selling well in China), most have lost money (on paper) if they […]

All the Gold in Fort What’s-Its-Name

Read the Latest News About: Gold    Silver    Economy    Central Banking The official gold holdings (rounded numbers) of the US Treasury Department are as follows: Fort Knox 147,000,000 ounces West Point 54,000,000 ounces Denver 44,000,000 ounces Federal Reserve of NY 13,000,000 ounces Other 3,000,000 ounces    Total 261,000,000 ounces Does anyone really think that gold is unencumbered, unleased, and actually […]

Back to Basics – Gold, Silver, and the Economy

Read the Latest News About: Gold    Silver    Economy    Central Banking Rick Rule listed 10 key questions regarding today’s economy. They are: 10 Questions for Precious Metals Investors Is the financial crisis in the Western world over? Have the G20 countries balanced their budget? Did the commercial banks manage to become solvent? Are (real) interest rates positive or negative? […]

Motive, Means, & Opportunity in the Gold Market

Read the Latest News About: Gold    Silver    Economy    Central Banking MOTIVE: The various governments of the world and their central banks produce and distribute a product – paper currencies. Those currencies are backed by confidence, faith, and credit, but not by gold, oil, or anything real. Those currencies are digitally printed to excess, since almost all governments spend […]

Gold & What I Know for Certain

Read the Latest News About: Gold    Silver    Economy    Central Banking What I Know for Certain Death and taxes! Fear and greed are powerful motivators. Individuals, businesses, and governments do what they think is beneficial for them. Businesses and governments protect their products and territory and resist competition and enemies. Concentrated wealth creates power and corruption. The greater the […]

Gold and Silver: Sentiment

Read the Latest News About: Gold    Silver    Economy    Central Banking This article is reprinted, with permission, from John Townsend at The TSI Trader. Many articles have been written on sentiment and its role in establishing where a market lies in its up-down-up-down cycle. This article addresses sentiment from many perspectives and concludes that the gold market is at […]

The Crash BEFORE the Climb

Read the Latest News About: Gold    Silver    Economy    Central Banking The NASDAQ 100 index peaked at 1,485 in July 1998. It subsequently crashed to below 1,070 in October 1998, a loss of about 28%. But, it climbed back to nearly 5,000 in March 2000, a rally off the low of over 350% in 17 months. The S&P 500 […]

Falling into a Golden Twilight Zone

Read the Latest News About: Gold    Silver    Economy    Central Banking A Quick Recap Cyprus: Warn the wealthy insiders, politicians, and Russians, and then steal from the remaining depositors. This will hurt confidence in banks, the EU, and the IMF. Bail-in Plans: Announce that the bail-in plan (steal from depositors) is THE template to fund bank failures in the […]

Score: Banksters Two, Gold & Silver Zero

Read the Latest News About: Gold    Silver    Economy    Central Banking Friday the 12th and Monday the 15th of April were memorable days. It is clear that both silver and gold paper markets were taken down via a devastating attack of naked short selling that triggered margin calls that accelerated the decline. Gold and silver investors panicked, and some […]

Dirty Harry to World Savers “You’ve Got To Ask Yourself… – Do You Feel Lucky?”

Read the Latest News About: Gold    Silver    Economy    Central Banking Guest Post from Mike McGill of Liberty Gold and Silver For all those savers and investors young enough not to remember the 1971 American film classic, “Dirty Harry,” there is a scene in the beginning of the film in which the protagonist, San Francisco Detective Harry Callahan (played […]

10 Lessons Cyprus Is Teaching The World About Money & Gold – Part Two

Read the Latest News About: Gold    Silver    Economy    Central Banking The following article was written by our friend, “Taki” of GoldSilverWorlds. I have reposted it, with his permission, and added my opinions in red. (The Deviant Investor) GoldSilverWorlds | March 20, 2013 The tragedy in Cyprus continues. Reuters reports today that the island is in an impasse as […]

Silver and Gold Purchases: Domestic and Offshore Storage

Read the Latest News About: Gold    Silver    Economy    Central Banking (March 2013) You want to buy silver and gold. There is much to consider! Physical metal or paper promises? From which supplier will you buy it? Price is not the only consideration. Where do you store it? Your sock drawer, a safe, insured and secure vault, or in […]

Gold – REVISITED Weekly Buy Signal

Read the Latest News About: Gold    Silver    Economy    Central Banking February 2013 On January 18, 2013, gold gave a “Weekly Buy Signal.” I published an article stating such on February 7. Gold closed on Friday, February 1, at $1,670. The buy signal looked solid, the gold market had turned up, fundamentals were strongly bullish (in the assessment of […]

GOLD – In Your Self-Interest

Read the Latest News About: Gold    Silver    Economy    Central Banking (February 2013) IT IS IN YOUR SELF-INTEREST TO OWN GOLD AND SILVER! This may not have been true from 1982 – 2000, but it definitely is true today and will be true as long as central banks are aggressively monetizing debt (“printing money”) and devaluing their currencies. Gold […]

Gold Volatility – Are You Worried?

Read the Latest News About: Gold    Silver    Economy    Central Banking (February 2013) Does this sound familiar? “Gold is going nowhere – up one day and down the next! I’m scared! Maybe I should bail out.” Unlike buying stocks, which Wall Street and the media are constantly touting, gold is difficult to buy and hold. Proof: The S&P500 Index […]

Gold – Weekly Buy Signal

Read the Latest News About: Gold    Silver    Economy    Central Banking (February 2013) Conclusion The weekly stochastic and TDI indicators produced a “buy-signal” in the gold market (and various ETFs for gold) in January 2013. The most profitable “buy signals” occurred when the TDI was low and gold had just finished a large percentage correction, such as in late […]

Why Buy Gold?

Read the Latest News About: Gold    Silver    Economy    Central Banking Read Why Buy Silver? (January 2013) Gold has been real money (medium of exchange and a store of value) for over 3,000 years. It is still real money. Gold has no counter-party risk. It is not someone else’s liability. It has intrinsic value that is recognized around the […]

Past & Future Speculative Bubbles – What They Indicate for Gold and Silver!

Read the Latest News About: Gold    Silver    Economy    Central Banking (January 2013) This is not a prediction of future prices of gold and silver; it is an indication of what could happen in a speculative bubble environment based on the history of previous bubbles. I’ll summarize a simple analysis of past bubbles. Definitions Bubble: A speculative mania in […]

Why Owning Gold is Absolutely Essential – Charles Ponzi Meets Cassandra

Read the Latest News About: Gold    Silver    Economy    Central Banking (January 2013) “I willingly accept Cassandra’s fate To speak the truth, although believed too late.” – Anne Killigrew One fine day on the streets of Washington D.C. the ghost of Charles Ponzi struck up a conversation with the ghost of Cassandra. He was a charming devil and assumed […]

GOLD – The Road Less Traveled

Read the Latest News About: Gold    Silver    Economy    Central Banking (December 2012) GOLD – The Road Less Traveled Bankruptcy & Insolvency Gold & Silver (real physical metal – not paper promises) do not declare bankruptcy and have no counter- party risk. True for 5,000 years. PAPER – The Road More Traveled Bankruptcy & Insolvency Lehman Brothers Bear Stearns […]

How Will I Know When To Sell My Gold?

Read the Latest News About: Gold    Silver    Economy    Central Banking (December 2012) NEVER sell your gold because you want to hold it for the rest of your life and pass it on to your grandchildren. Or Sell your gold NOW (big mistake – my opinion) if you believe that gold is in a bubble or never should have […]

$4,000 Gold! Yes, But When?

Read the Latest News About: Gold    Silver    Economy    Central Banking Check out this article: $100 Silver! Yes, But When? (October 2012) There are hundreds of predictions for the price of gold. Some say it will crash to nearly $1,000, and others proclaim $3,000 by the end of 2012. The problem is that some predictions are only wishful thinking, […]

Your Golden Worth

Read the Latest News About: Gold    Silver    Economy    Central Banking (October 2012) Gold has been wealth and money, a store of value, and a means of exchange for more than 3,000 years. Only recently has debt been widely considered wealth. A US government T-Bond is considered “wealth” because the government promises to repay the loan with interest. Similarly, […]

Gold Purchases: Time Them with Technical Analysis

Read the Latest News About: Gold    Silver    Economy    Central Banking (September 2012) Technical Analysis is mathematical analysis of the market based on price action, but not the fundamentals of supply, demand, costs of production, and hundreds of other important factors (fundamental analysis). Many people will tell you Technical Analysis does not work. I disagree. If you understand its […]

I Have an IRA. How Can I Invest in Gold and Silver?

Read the Latest News About: Gold    Silver    Economy    Central Banking (September 2012) It is quite easy! Yes, I am talking about actual physical gold and silver, not “paper” gold, or certificates, or paper promises. Question: Why gold and silver in an IRA? Answer: The simplest explanation is that gold and silver will protect your purchasing power. There are […]

Gold is TOO Expensive! I Can’t Buy Now. WRONG!

Read the Latest News About: Gold    Silver    Economy    Central Banking (September 2012) Yes, of course, gold appears too expensive now (a bit under $1,700 as of this writing) compared to an under $300 price back in 2001. Gasoline was $0.15 per gallon back in the 1950s, and it is approaching $4 per gallon today. Does its current high […]

Why Buy Gold and Silver?

Read the Latest News About: Gold    Silver    Economy    Central Banking (September 2012) The simple answer is: Preserve Your Purchasing Power! Gold and silver are great investments in the current monetary environment, lovely to hold in your hand, historically interesting, and they provide financial and emotional security. Consider these ten questions If you were putting something into a “time […]

Gold Price Projection – for 2013

Read the Latest News About: Gold    Silver    Economy    Central Banking (August 2012) Check out the Silver Price Projection – for 2013 article! Conclusion An objective and reasonable estimate for the price of gold at the next intermediate peak (estimating 2013 – Quarter 2) is $2250 to $2550 per ounce (current price is about $1,650). This is not a […]

Investment Choices: Where to Invest

Read the Latest News About: Gold    Silver    Economy    Central Banking (August 2012) Successful investing is based on our ability to predict what to invest in and when to invest. We have many investment choices, including growth stocks, utility stocks, houses, real estate, Certificates of Deposit, oil futures, precious metals, and many others. Equally important is the timing of […]

How to Preserve Purchasing Power for Your Retirement Savings

Read the Latest News About: Gold    Silver    Economy    Central Banking (June 2012) Conclusion Most people are inadequately prepared for retirement. If you intend to retire above the poverty level, you almost certainly will need more income than Social Security will provide. Hence, you need additional funds that you can invest where they will grow and also preserve purchasing […]

Maintain Your Purchasing Power – How and Where Should You Invest

Read the Latest News About: Gold    Silver    Economy    Central Banking First, choose between an ongoing investment plan (example is $200 twice per month) or a lump sum investment. If you want an ongoing investment plan that requires very little management, then open (for example) a Sharebuilder account online, automatically invest a fixed amount of money per month, and […]

IRA Investing: Gold and Silver for Your Retirement Safety

Read the Latest News About: Gold    Silver    Economy    Central Banking (June 2012) If you have a self-directed IRA (your own or from a rollover), you can include investments in gold, silver, and related stocks in your IRA. These investments can make a huge impact on your ability to preserve your purchasing power in the coming inflationary environment.

You Need Income, So You Shouldn’t Invest in Gold? Right or Wrong?

Read the Latest News About: Gold    Silver    Economy    Central Banking (July 2012) I think this preconception should be examined more clearly. Let’s assume you had $100,000 to invest in, say 2001. You could have invested in short-term T-Bills, or money markets, or 30 year T-Bonds. But because you wanted the income, you probably also needed the liquidity of […]

Gold and Paper Money – Statements from Wise and Famous People

Read the Latest News About: Gold    Silver    Economy    Central Banking (June 2012) "When paper money systems begin to crack at the seams, the run to gold could be explosive." Harry Browne "Regardless of the dollar price involved, one ounce of gold would purchase a good-quality man’s suit at the conclusion of the Revolutionary War, the Civil War, the […]

Wealth Accumulation? How – But Not the Way You Expect?

Read the Latest News About: Gold    Silver    Economy    Central Banking (June 2012) Most people dream of accumulating wealth but have little understanding of the process or are unwilling to do the necessary saving and investing. Further, most people live "paycheck to paycheck" either by habit or presumed necessity. How can a young family, with a small income and […]

Investing in Gold and Silver – RISKY or Safe – Why and How?

Read the Latest News About: Gold    Silver    Economy    Central Banking (June 2012) Rather than answer this question directly, let’s approach this question from another direction. Is it risky to assume the US government will continue to spend $1-$2Trillion more each year than its income? (The current deficit is well in excess of $1Trillion.) Is it risky to assume […]

Exponential Gold Rally! What it Means and Will it Continue?

Read the Latest News About: Gold    Silver    Economy    Central Banking (April 2012) The price of gold is much higher (about $1,600 as of April 2012) now than it was in 2001 (about $260). All markets are volatile, and gold certainly has posted highs and lows. But, the big picture shows that gold has, on average, been remarkably steady […]

HOPIUM! Addicted to This Emotional Drug in Your Retirement Investing?

Read the Latest News About: Gold    Silver    Economy    Central Banking (June 2012) Others have called it Hopium, because it is based on Hope, and acts like opium, in that it has a powerful influence on our ability to deal with and sometimes disconnect from reality. Hopium is belief without specifics or clear analysis, so we can cling to […]