I am spending the next month in seclusion except for gold and silver business, and writing my next book, “Illusions of Wealth” which the timing for couldn’t be better. I will still post articles now and then relevant to the gold and silver markets, but only when I feel necessary to comment. One who invests in gold and silver, need …Read More
Last week we saw some real carnage in the gold and silver markets. In two days, April 12 and April 15, we saw the price of gold fall over $200 and many in the financial media came out of the woodwork saying the gold bull was over. Since that time we have had a move off the low of $1,322 reached …Read More
Over the past year and a half, I have written many articles on investing in gold and silver, and been one of the few who have told clients continually to dollar cost average into a position during this time-frame, hoping the price goes lower so they get an overall better price. I have been one of the few gold dealers who have …Read More
There has been much chatter over the years on what the government might do to save itself should we here in the United States undergo any type of future financial crisis or repeat of the 2008 financial turmoil we experienced. This topic is especially of interest now with the recent proposal in the country of Cyprus to tax existing bank …Read More
The price of gold and silver are down again today, with the dollar moving higher and precious metals investors are wondering how this can be with a Federal Reserve implementing Quantitative Easing to infinity and a Congress that allows the debt ceiling to keep moving higher and higher. If you had a choice between reducing your spending to live within …Read More
In Part 1 of Turning Paper Into Gold I wrote about the flaws of some ETFs like GLD that are really a proxy to gold, but not actually ownership of gold. In other words, it’s paper gold. The real question that Part 1 asks is, do you trust the ETF to redeem your shares when the prospectus is so full …Read More
How many times do you hear someone who sells gold and silver be dollar bullish? Probably not very often. But when you look at what the Dollar Index represents, a basket of other currencies, it’s quite easy to be dollar bullish right now. This doesn’t mean that the dollar is any stronger as far as it’s purchasing power mind you. …Read More
It goes against all conventional wisdom for a gold dealer to caution investors on the price of gold and silver moving lower. There are literally trillions of reasons why the price of gold and silver will move higher in the years to come, including a multitude of unsustainable future government obligations. But from a short term perspective I have seen …Read More0
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.Read More4