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 …Read More
As is typical of those who try and criticize gold as a necessary ingredient of a well diversified portfolio, they use flawed analysis in coming to their conclusion. This article will go into depth as to why their analysis is flawed in my continued effort to bring the truth about gold to the public.Read More0
In my continued exposure of those who write articles that misrepresent gold I’ve run across an article written recently by former Ronald Reagan chief economic adviser and current Harvard Economics Professor, Martin Feldstein called “Is Gold a Good Hedge?”
I will dissect Feldstein’s article that is full of what I believe to be deliberate misinformation to confuse readers as to what gold truly represents in today’s economic and investment climate.Read More0
Recent purchasers of Gold are upset lately with the 8.5% drop in the U.S. Dollar price of gold this week. But what most of these buyers don’t understand is that gold stayed the same. It was what gold is priced in that changed.
That’s right. Gold is just a shiny rock as all the Gold naysayers like to say. It didn’t change in the last week. It’s still a shiny rock. But the U.S. Dollar appreciated of late thus causing the U.S. Dollar price of Gold to fall. To understand this further read on…Read More0