Why owners of physical gold think like insurance agents.
If you are a gold trader, you’ll be watching the Comex gold futures contract numbers, and you’ll start fidgeting and worrying every time gold prices go up or down by a dollar or two. If you buy gold...
View ArticleWhy gold price experts are almost always wrong.
And why, when they are right, it’s just dumb luck. Let me explain. First of all, analysts who want to appear on TV, and financial journalists, need to have something to say. You can’t be a guest on TV...
View ArticleHow will the U.S. elections impact the price of gold?
Photo: AP The election will likely have little to no impact on the price of gold. At the most, we might see some jumps up or down, depending on the sentiment of investors just after election day. To...
View ArticleMax Keiser tells George Soros to buy more gold.
It’s easy to dismiss Max Keiser. In fact, pretty much of North America’s media do. He has even been called a traitor for painting the economy in such a consistently negative light. But he does have a...
View ArticleWhy you should buy physical gold, not paper gold.
The quick answer to why you should own physical gold is that you can’t trust the banks or your government. Eric Sprout, the billionaire precious metals trader, recently conducted an audit of how much...
View ArticleDuring times of global uncertainty, buy more gold.
When should you be buying more gold? Some people make this decision very complicated, listening to analysts on a daily basis, scrutinizing technical charts, and so on. That’s not how I make my own...
View ArticleWhy geopolitical change is a strong buying signal for gold.
If you just glance at the headlines, the world seems much as it was last year and the year before. A few wars, some trade disputes, ups and downs in the economies of various countries. Same old same...
View ArticleUmbrellas cost more when it’s raining. And so does gold.
Nobody thinks about buying an umbrella when the sun is shining and the sky is blue, without a cloud in sight. If we were totally rational beings, that would be odd. Because we know for a fact that...
View ArticleGold seems to have lost its narrative.
Lost in a good story. Whether you are talking about commodities, stocks, bonds or anything else you care to invest in, their prices are impacted by narrative. And by narrative, I mean the stories...
View ArticleIs the U.S. planning to pay down its debt with gold?
Central banks around the world continue to buy gold bullion. As I noted in a previous post, the world’s central banks purchased a total of 447 tons of gold in 2014 alone. That was the second biggest...
View ArticleThe bittersweet prospect of gold prices jumping to the moon.
2016 has gotten off to a rocky start. Global equity markets are on shaky ground, triggered by chaos and huge declines in the Chinese markets. The “war factor” is hitting the red zone, with ongoing...
View ArticleOwning gold isn’t about making investment profits, it’s about mitigating risk.
In my last post I talked about how the price of gold could very well go up significantly this year. Goodness knows, there is a ton of uncertainty out there. Here’s just a partial list of the things...
View ArticleDo I trust the government to protect my wealth and my retirement? Absolutely...
In fact, the way I see it, it my duty not to trust any government, bank or financial institution right now. I know some people reading this will be big fans of particular political parties, world...
View ArticleThe one time of year you CAN predict a rise in the price of gold.
Trying to predict the price of gold is notoriously difficult. It’s made hard by the wide range of factors that impact gold prices on an almost daily basis. Gold is a commodity. It’s also an investment...
View ArticleBuy gold in uncertain times? That would be NOW.
From the day I first starting writing this blog, way back in 2010, the headline on the homepage has said: Owning gold gives you a private, safe haven for your wealth during uncertain times. Uncertain...
View ArticleWhy I’ve been silent about gold during a year of political and financial chaos…
It’s been over a year since I last wrote a post here. It’s not that I’m no longer interested in gold and gold bullion. Far from it. Nor is it that I’ve stopped buying gold for myself. I haven’t. It...
View ArticleWhy I model my gold purchases on the buying patterns of Central Banks.
During these turbulent times, how can the price of gold remain almost constant? It’s been like this for over a year now. Actually, the price of gold isn’t much different today from what it was 5 years...
View ArticleAs the Bitcoin price rises, it’s time for gold owners to take a closer look.
Funny thing about people who love Bitcoin… It took them a while to get there, even while the Bitcoin price was going up, in fits and starts. Almost everyone I talk to went through a stage of...
View ArticleThe absolute scarcity of Bitcoin will drive the price sky-high.
If you’re new to Bitcoin, you may not know this one essential fact. There is an absolute limit to the number of Bitcoins that can ever be created. That’s part of the original protocol, and cannot be...
View ArticleBetween gold and Bitcoin, the story of Bitcoin is winning.
Gold is typically described as a reliable and safe store of value during uncertain times. I’ve said so myself. There is also the story that when times get rough, the price of gold will fly to the...
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