There are many reasons to buy gold and silver as insurance for one’s exposure to currency risk, but of the two major monetary metals, which one makes more sense to buy today, gold or silver? This article will analyze whether there should be a switch from gold to silver based on the current gold/silver ratio and other reasoning. Note: While …
Read MoreWhen the Euro was imploding earlier this year the dollar was the main beneficiary. With all the problems coming from countries like Greece, Portugal, Italy and Spain, the dollar was flew past 80 on the index and the Euro was in fact approaching its mid-2009 lows in the 118/119 range, an area I thought it would reach. But a funny …
Read MoreIs This The Bottom For Gold And Silver Prices?
While we are taking the brunt of the bad European news now, and gold and silver prices are taking a beating, the good news will be coming at some point between now and November as we gear up for the coming election. As long as the stock market continues to falter, Obama will indeed play the QE3 card. Since the …
Read More2012 Predictions For Gold, Silver, Stock Market, Economy and Elections
Recap of 2010 and 2011 While some well known trend forecasters like Gerald Celente were predicting a crash in 2010, I was taking the opposite side saying that “I don’t see it happening as quickly as Celente does.” In September of 2010 I cautioned traders in gold and silver mining stocks to think about taking profit. The HUI at that …
Read MoreNY Times Says The Precious Metals Bubble Looks Set To Be Pricked
Sooner or later one of the magazine’s, financial guru’s, CNBC correspondents and others who say gold is a bubble will claim victory. Not everything goes straight up. Thus far however, they have all been wrong. The NY Times is the latest to join the crowd calling gold a bubble. Every time someone does, I am right there to refute their …
Read More0Current Thoughts On Gold and Silver Prices and Kiplinger’s Seven Ways Not To Buy Gold
There was a recent article on buying gold that Free Money Finance brought my attention to recently. I suggest you take a look at it. It was from Kiplinger and called; “Seven Ways Not To Buy Gold.” I agree with all seven reasons. It’s as if the author from Kiplinger read my book, “Buy Gold and Silver Safely” as …
Read More0Gold and silver have been declining in price of late after a stellar year in 2010 seeing gold rise in price over 30% and silver over 70%. These metals are due for a breather as we really didn’t see the dollar break down in 2010. Today we saw a reversal of the decline with the dollar falling in price.
Read More0What Does the Price of Gold Do In Deflation? UPDATED 10/12/2010
The following three areas will be discussed in trying to decipher what the price of gold will do during deflation;
1. An analysis of Roy Jastram’s observations on gold and deflation.
2. A closer look at the 1929-1932 U.S. deflationary era and the possible flaw in Jastram’s analysis.
3. An analysis of what has happened with gold priced in Yen during the last decade of Japanese deflation.
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