Is The Gold Community A Cult?

Posted by on Apr 16, 2012 in Gold | Comments Off

I recently was involved in a discussion centered around the gold community and their constant talk of manipulation and price suppression. There are some of us in the gold community who understand gold’s place in a diversified portfolio (insurance), have been recommending dollar cost averaging into a position for their clients rather than “all in” like most others who fear the U.S. dollar...

Read More

New Currency The Barackazillion – The Only Currency You’ll Ever Need

Posted by on Jul 1, 2011 in Economy | 0 comments

Introducing; the Barackazillion – The Only Currency You Will Ever Need – go to http://barackazillion.com/ and watch the video. “Money We Can Believe In” “As Good As Gold” For those who lean left, I would have done the same thing for Bush had I thought of it then – I am neither left nor right in my political views. I will do the same thing for the next...

Read More

Increase In Bank Sub-investment Grade Derivatives Reveal A Need For Gold Insurance

Posted by on Jun 3, 2011 in Economy | 0 comments

The financial crisis started with banks getting burned in the derivatives market. Then TARP was manipulated to help banks get cash. Next came the Federal Accounting Standards Board (FASB) allowing banks to mark to model (fantasy) their real estate assets (cheat). And now we have come full circle once again as banks own more sub-investment grade derivatives today than at the height of the 2008...

Read More

Does Real Estate Or Gold Have A Bright Future?

Posted by on Mar 29, 2011 in Gold | 0 comments

  Every once in awhile, I keep tabs on what’s going on with real estate. I have friends and clients who will ask me my thoughts and I try to analyze what’s going on in real estate with a non-biased approach, say as opposed to your typical real estate agent. I approach gold and silver the same way, sometimes giving reasons why short term, the price may fall. There are many more...

Read More

Failed European Bank Stress Tests Offer Even More Reasons To Own Physical Gold and Silver

Posted by on Mar 25, 2011 in Economy | 0 comments

One by one, country by country, the Eurozone’s PIIGS (Portugal, Ireland, Italy, Greece and Spain) are succumbing to the excesses of the credit expansion era that saw out of control government spending and banks lending to businesses and consumers who now can’t pay the loans back. At the same time, the traditional way banks make profit has also disappeared as banks are not doing much...

Read More