Here’s the Amount of Gold Bullion Held by Top 10 Countries
Here is an up-to-the-minute list of the amount of gold owned by the top 10 countries in the world plus that of the International Monetary Fund. Words: 257
Here is an up-to-the-minute list of the amount of gold owned by the top 10 countries in the world plus that of the International Monetary Fund. Words: 257
Central banks have pulled 635 tonnes of gold – the largest withdrawal in more than a decade – from the Bank for International Settlements in the past year and, as such, begs the question: If central banks [supposedly] believe in the value of paper money and their ability to create wealth by printing it then why are they loading up on Gold? The answer is simple: they see the writing on the wall [and that begs an even more important question: Shouldn't you?]…Words: 600
Should you consider selling into any period of strength during the typical summer weakness? No, there are a number of reasons to continue holding gold during this time period. [Let me detail them one by one.] Words: 734
Gold and silver, and the stocks that are leveraged to them, have a long, long way to go. It’s not too late to get in on the action. In fact, I have 4 good reasons why the next leg up in gold may still be in its early stages. Words: 775
In order to prevent a recession from getting out of hand, the central bank must lift the money supply and aggressively lower interest rates. Once consumers have more money in their pockets, their confidence will increase, and they will start spending again, thereby reestablishing the circular flow of money, so it is held. Words: 542
Gold has been the best-performing major commodity since the financial crisis began and we see no big reason why that outperformance should be over. After its breathless run to $1220, it’s entitled to correct back toward $1,000—or even a bit below that chiliastic level—without ending its bull market. Words: 707
If you think gold prices will keep rising, these are the must-buy gold and silver ETFs to help you track precious metals’ prices and/or miners and royalty companies that benefit from them. Words: 424
As I see it there are only two outcomes. Either the gold cartel will fail or the U.S. government will have destroyed what remains of the free market in America. I hope it is the former, but the flow of events from Washington and the actions of policymakers suggest it could be the latter. Words: 1654