“I know the Government are intent on decimating the country’s gold reserves… to replace them with a whole series of overseas currencies. [Yet] they are not only selling gold but devaluing our remaining gold supplies …
Three sound reasons to own gold
Category: Gold
Gold’s roller-coaster ride
The gold market is behaving in ways never seen before. Would you believe that in recent months the supply of old gold scrap – consisting mainly of jewellery sold by owners to turn their metal …
Why we should bring back the Gold Standard
For some reason, there are a lot of people out there who can’t stand the gold standard. Maybe their hostility is in reaction to the large (and growing) number of gold bugs who think the …
Hold on to your gold fillings
Gold is everywhere at the moment. I’ve just been reading a piece on the BBC website about ‘tupperware’-style parties in California’s well-to-do Orange County area. Except here the women aren’t lining up to be sold …
How commodities confirm the worst
Anyone with doubts about the voracity of the collapsing global economy, only needs to look at the CRB Index, an index of commodities, to see that something truly important and very serious has happened. Since …
Gold: still the only serious safe haven
Talk about a gold rush. Last week the yellow metal jumped back above $1,000 an ounce – not far off last spring’s record of $1,033 – before slipping back on profit taking, raising its gains …
The real story of gold, inflation and deflation
Gold’s previous bull market, ending with the sharp run up to $850 per ounce in Jan. 1980 and rising more than 24 times over for dollar investors, came in the 1970s. That decade gave us …
What’s the point of gold?
“The twilight of gold appeared to have arrived,” wrote Niall Ferguson – now a Harvard professor, then an Oxford scholar – of the metal’s 20-year bear market at the end of the last century. “Gold …
The race to the bottom in currencies
Of six central banks voting on interest rates last week, only the European Central Bank in Frankfurt failed to reduce its cost of money to either record or multi-year lows, holding rates steady at 2.0%. …
Commodities settle down, but gold is looking exciting
As we never tire of saying, when you don’t know, then technical analysis will, more often than not, provide the answer. Genuine students of technical analysis live in an osmosis-driven world where the price action …