Tuesday , 20 August 2019


Tag Archives: $5000 gold

Silver Could Hit $150 A Troy Ounce – Here’s Why (+3K Views)

...A collapse of the U.S. dollar is inevitable. The U.S. Dollar Index has been bouncing off of four-year lows for the past several weeks but this cannot last much longer with a global trade war and U.S. equity correction looming....The U.S. dollar and fiat currencies are in trouble, hinting that gold and silver prices could again go screaming higher...[as] the two still generally trade inverse to each other and, while gold is perhaps the safest way to hedge against a falling dollar, the most profitable option is silver.

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Gibson’s Paradox and the Price of Gold (+2K Views)

One of the most controversial topics in investing is the price of gold with many goldbugs saying that gold will soon break $2,000, then $5,000 and then $10,000 a troy ounce but, frankly, how can anyone reasonably calculate what the price of gold should be when they don't understand the factors that drive gold? So let me explain.

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