I’ve read a lot of monetary history and understand that protecting your savings is actually a very difficult task. While studying economics at Harvard, I had the terrific opportunity to study and learn from some of the best and brightest scholars and professors there, some of whom come January will be [...]
The price of Gold has done many things. It has risen from $250 to $1030. It has fallen from $1030 to $680. Gold will do many, many more things in our lifetimes. Gold has now risen from about $680 to the $840 area. A $160 move to the upside.
Many traders are now beginning to [...]
There were two main direct assaults on the gold standard by the American government: the first on the watch of a Democratic president, Franklin D. Roosevelt, when the U.S. defaulted on its domestic gold obligations in 1933; the second on the watch of a Republican president, Richard Nixon, when the U.S. defaulted on its international [...]
BullionVault.com - FIFTY YEARS AGO – just as the fictional 007 was thwarting Auric Goldfinger’s plan to empty Fort Knox and take America’s gold to Soviet Moscow – the US Treasury feared a very genuine loss of its real gold reserves. Gold’s role as the ultimate asset of national power was about to peak. By [...]
Ron Paul - Many who agree with me on a lot of other issues, do not understand my enthusiasm for gold and sound money or why I spend so much time studying and talking about monetary policy. It’s true that I talk about money differently than most, but the fact is sound money offers [...]
Maison Placements Canada - The Russians invade Georgia, raising fears of a proxy war with the U.S.. Oil through $150 a barrel? No. In fact, oil is $30 below its peak, hitting three month lows. And gold, a safe haven in times of geopolitical unrest, fell $60 an ounce [...]
Casey Research - It’s true for almost any commodity: there are a lot of influences pushing on the price, and it’s hard to untangle them all. But gold is exceptional. A single factor dominates the market price - and you can measure it.
More than any other commodity, gold’s price rises (and falls) with demand from [...]
James Turk - The first thing people usually consider when buying gold is its price, but unfortunately, they are grabbing the wrong end of the stick. Price is of secondary importance. To explain why, one has to examine the reasons for buying and holding gold.
The motivation to buy gold is usually driven by the pursuit [...]