Civil Liberties Rest Upon Sound Money
Sound Money = Freedom Over the years I have written many times about the necessity of sound money to base our economy on and the results of wanton reckless money creation that will alway result in...
View ArticleGold and the Federal Reserve
Gold-US Dollar Link The $1800 per ounce level continues to be a major technical resistance area for gold. After hovering near $1800 recently, gold moved sharply away from that level last week to close...
View ArticleWhy Gold is a Good Investment for Inflationary Times
The Impact of Inflation on Savings If you keep your money in the bank or in money market funds, inflation can eat away at their value. Inflation can be deceiving because your account balances won’t go...
View ArticleSelling Your Scrap Gold During The Economic Downturn
Selling Your Scrap Gold- Economic downturns are a fact of life and you never know when you might be caught up in events outside your control. That is why you always have to be prepared for the...
View ArticleWhat are “Foreign Exchange Reserves”?
Will the U.S. Dollar Be Replaced as the World’s Reserve Currency? Foreign Exchange Reserves are foreign money held by International banks for use in international trade and in an effort to diversify...
View ArticleGold Mining Stocks are Down- What’s Up?
For many years now I’ve been saying that Gold is a Crisis Hedge rather than an inflation hedge. But it is also a commodity and a monetary instrument. Thus there are a variety of factors affecting its...
View ArticleBuying or Selling Gold and Silver?
Many investors consider the recent drop in gold, silver and platinum prices to be the perfect opportunity to build (or add to) their precious metals position. With the price down, the basic law of...
View Article2 Types of Money
From the beginning, productivity improved with specialization. If one person can produce fruit more efficiently while the other was a better hunter, more wealth will be generated if the hunter hunts...
View ArticleThe Case of the Disappearing Gold
When I was in the 6th grade (many, many years ago) my class took a field trip to New York City and visited the NY FED. The highlight of the trip for me was a ride down the elevator (or more precisely...
View ArticleA Reader Question About IRAs and Gold Stocks
I recently got an excellent question from a longtime reader named Bob and I thought I would pass along some of what I told him. Bob has invested a good portion of his IRA in shares of Randgold...
View ArticleIs It Time to Admit That Gold Peaked in 2011?
By Jeff Clark, Senior Precious Metals Analyst Have you seen this “real price of gold” chart that’s been making waves? Among other things, it purports to show the gold price adjusted for inflation over...
View ArticleOil, Petrodollars and Gold
For thousands of years gold has been synonymous with money, albeit with periods where governments mandated other mediums of exchange. Therefore, throughout history prices were measured in gold rather...
View ArticleWhere is Gold Headed?
To get the true measure of anything it is important that you use a standardized measurement. This of course is why a “foot” or “inch” eventually became exactly a certain length and didn’t vary based on...
View ArticleWhere is Gold Headed?
This week has been tumultuous for the markets with steep market drops and subsequent rallies. Over the last month gold has been as high as $1260 subsequently it fell steadily to $1190 for a 5.5% drop....
View ArticleGold Mining Stocks are Down – What’s Up?
For many years now I’ve been saying that Gold is a Crisis Hedge rather than an inflation hedge. But it is also a commodity and a monetary instrument. Thus there are a variety of factors affecting its...
View ArticleBuying or Selling Gold and Silver?
Many investors consider the recent drop in gold, silver and platinum prices to be the perfect opportunity to build (or add to) their precious metals position. With the price down, the basic law of...
View Article2 Types of Money
From the beginning, productivity improved with specialization. If one person can produce fruit more efficiently while the other was a better hunter, more wealth will be generated if the hunter hunts...
View ArticleThe Case of the Disappearing Gold
When I was in the 6th grade (many, many years ago) my class took a field trip to New York City and visited the NY FED. The highlight of the trip for me was a ride down the elevator (or more precisely...
View ArticleBank Closures “Could Never Happen Here”
By Jared Dillian I was watching the 6 o’clock news and saw images of closed banks in Greece and people lined up at ATMs. I’m sure you did, too.This must seem surreal to most people because it seems so...
View ArticleShould You Invest in Gold?
Almost everyone will agree that making the right investments is one of the best ways to secure your financial future. Unfortunately, figuring out which investments are right for you is easier said than...
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