China’s recent stock market gyrations have some analysts now calling China the biggest bubble in history. But those who write off China because of market volatility are missing a more important long-term trend of Chinese […]
August 5, 2015 – Public demand for gold and silver coins, rounds, and bars suddenly skyrocketed since mid-June – particularly among first-time customers – to multiples of earlier demand levels, according to Money Metals Exchange, […]
If there are words to characterize the precious metals markets for July, it would be “divergences” and “shortages.”
Following a dramatic midnight raid on gold prices last week, Mike Gleason reached out to Chris Powell, Secretary Treasurer at the Gold Anti-Trust Action Committee to discuss possible gold price manipulation.
The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the 5th week in a row, are watching deflationists such as Harry Dent and the financial media squawk about […]
Greece defaulted at the end of June, and metals investors expected higher prices in July. What we expected isn’t what we got. It isn’t the first or last time markets surprised investors. Do lower spot […]
Instantly, the chat rooms filled with prognosticators debating the merits or lack thereof for Apple’s next big thing. But Apple’s announcement is both less and more important than you might think.
The problem is dishonest money. Federal Reserve officials are free to print as many dollars as they wish, completely unaccountable for the purchasing power stolen from your savings. Honest money in the form of physical gold is the solution.
Much to the chagrin of the financial elite, gold and silver are re-entering the American consciousness and starting to shake the wing nutty image of their recent past.
Analysts and some precious metals’ sellers tend to focus on the “insurance” aspect of owning precious metals. They point out that having some in your possession helps protect your wealth in case of inflation, political unrest, or for use as an “alternate currency” during a natural disaster, war, etc.
Most people have the sense that the dollar isn’t worth what it used to be, but they may not grasp what this means in real terms.