So while its great that U.S. citizens are saving more, whether that money should be put into stocks and what one can expect in return on their investment is something Geithner couldn’t provide an answer to. This article will.
Read More0Money Magazine and a CFA Criticize Gold With Flawed Analysis
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 More0Modern Portfolio Theory’s Biggest Flaw
From Green Shoots to Drought? Making Economic Sense of Investing
Gold and the EURO Connection; Another Nail in the U.S. Dollar Coffin?
Another story was developing at this time; the EURO had bounced off its lows and become a much stronger currency. As the dollar was sinking from its high in 2002, and the uncertainty of what affect Central Bank sales would have on the price of gold, the EURO became the only other “safe haven” in the mind of those who were looking to get out of the dollar.
Read More0Confused About Gold and the Dollar? Understand Their Relationship Before You Invest
It’s not known for sure where the concept that an ounce of gold could always buy a nice businessman’s suit came from, but the analogy is used today by many who want to paint a positive picture for gold. The premise of the story is used to reveal the fact that the dollar has lost 95%-98% of its purchasing power …
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