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While I always remain skeptical about the opinions of gold experts, I do take notice when a few of the more notable gold buyers start stocking up on my favorite metal.
Over the last few days I have read a number of stories about well-known investors buying more gold.
John Paulson …
As you know, Ben Bernanke, chairman of the Federal Reserve, recently outlined his plan for ongoing quantitative easing with QE3.
Basically the Fed will keep printing money, pass it down the line to the banks, and then hope it will stimulate some positive economic activity on Main Street. Will it work? …
How dependent are you on your government?
How dependent are you on big business for your health, your food, your home and your major utilities?
The more dependent you are, the more vulnerable you are.
And that’s just how the government and big business like it. They want you to be dependent …
Do you own gold, in the form of gold coins or bars?
Do you know other people who own gold and store it at home or in a safety deposit box at the bank?
Based on the overall demand for gold in North America, you probably don’t.
As you can see from …
In an earlier post I wrote about how Central Banks around the world have been busy buying gold bullion.
I also mentioned that in China consumer demand for gold is down. And that’s true. Consumer demand for gold in China has fallen because their economy is facing some …
Action on the gold market has been a little flat over recent months, to say the least.
The price has moved up and down on a regular basis since the beginning of the year, but not dramatically up or dramatically down.
So what is going on?
Well a number of factors have …
For the first time since 1917, S&P has reduced the US credit rating from AAA to AA+.
The full implications of this change remain to be seen. But one fairly clear outcome is that many foreign investors will no longer view the US and the UD dollar as the ultimate …
When analysts start talking about gold bubbles, I like to step back and take a look at what some of the most conservative gold investors are doing.
Sure, individual investors can get carried away with a bull market in gold, and keep buying. But really conservative investors are not so …
First, what are “central banks”?
According to Wikipedia: “A central bank, reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. Central banks often also oversee the commercial banking system of their respective countries. In …
A while ago I wrote about how the Chinese people were buying more and more gold coins and gold bars.
Here is an excerpt from that post:
“The total amount of household savings invested in gold has grown from about $200 billion in the late 1990s to $1.2 trillion in 2010. …
