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
Read More »Why are Central Banks Buying Gold?
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
Read More »Don’t Dismay: 6 Reasons to Hold Your Gold Through The Summer (+2K Views)
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
Read More »4 Reasons Why Gold Should Continue to Shine
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
Read More »Coxe: Gold is an Excellent Place to Hide (2K Views)
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
Read More »Turk: Will Gold Cartel Succeed in Destroying Free Market System in America? (+2K Views)
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
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