
The question most often asked of gold bulls is, “At what price will you take your profits?” It is a question that betrays a lack of understanding about why anyone should [want to] own gold [in the first place]. Nevertheless, the simple answer must be, “When paper money stops losing its value”. This response should alert anyone who asks this question to the idea that owning fiat cash is the speculative position, not ownership of precious metals. [Let me explain.] Words: 1184
January 18th, 2012 | Posted in Gold/Silver,Investing | Read More »

For a decade I have been urging my subscribers to move into gold – either physical bullion or otherwise [Richard Russell: Get Prepared – A Gold Tsunami is Coming] . Now I am at it again: PLEASE MOVE INTO GOLD. [Here's why you should.] Words: 720
January 9th, 2012 | Posted in Gold/Silver,Investing | Read More »
The world is in an absolute mess, economically, financially, politically and morally… and this has been evident for at least 10-15 years. The only thing that is not clear is how long governments and central banks can deceive the people by kicking the can down the road in an endless creation of worthless pieces of paper that they call money…The world is now staring into the abyss and we are most likely entering the Dark Years which I wrote about two years ago. The consequences will almost certainly be unlimited money printing and a hyperinflationary depression [which will result in dramatic increases in the price of gold. Let me explain.] Words: 2004
2064
August 21st, 2011 | Posted in Gold/Silver,Investing | Read More »
If the U.S. dollar is being devalued so rapidly, then why does it sometimes increase in value against other global currencies? It is because there are times when one particular global currency will fall faster than the others but the reality is that they are all being rapidly devalued. As the 6 charts below illustrate, the UK, the EU, Japan, China and India, as well as the U.S., have all been printing money like there is no tomorrow. Unfortunately, this is a recipe for a global economic nightmare. Words: 1102
February 17th, 2011 | Posted in Economy,Inflation/Deflation | Read More »
Gold is the constant. Its value doesn’t change. Its dollar price changes, but not its value. So when investors come to me and ask me how they can hedge against the falling value of the dollar, I always tell them to buy gold. Words: 402
February 26th, 2010 | Posted in Retirement Planning | Read More »