Author Archive: GoldSilverWorlds
Gold/Silver vs. Bitcoin Comparisons: A No-Brainer… or Brainless?
For most of the year, as Bitcoin soared, crashed, and soared again, cryptocurrency vs. physical gold-silver talking heads engaged each other in heated rhetoric about which of these venues is here to stay. Some of the biggest names in finance, government, and the newsletter analyst space have made comments that – to be charitable – appear less-than-fully informed. Comments like “Even though bitcoin could rise to $100,000, it’s still going to zero!” don’t offer much insight. Some other questionable assumptions: 2017 percent price change comparisons: Relating this year’s gold and silver’s price range to that of bitcoin misses an important point. Yes, bitcoin (BTC) has risen by a much greater […]
Frank Holmes Exclusive: Bitcoin Needs Electricity, Gold CONDUCTS Electricity
Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason: It is my privilege now to welcome in Frank Holmes, CEO and Chief Investment Officer at US Global Investors. Mr. Holmes has received various honors over the years, including being named America’s Best Fund Manager for 2016 by the Mining Journal. He is also the co-author of the book The Goldwatcher: Demystifying Gold Investing and is a regular guest on CNBC, Bloomberg, Fox Business as well as right here on the Money Metals podcast. Frank, welcome back and thanks for joining us again. How are you today? Frank Holmes: Excellent. Thank you, my friend. Thank you. Mike […]
Europe’s Weight In Gold and Silver
Gold, and silver, have always been valuable. Through upturns in fiat currency, downturns in commodities, and everything in between, the precious metals have always been a useful indicator and base level for the worth of things internationally. Far from being the hallmark of huge institutions, like the Federal Reserve, you can take advantage of the evergreen currency to secure your own ‘reserve’. Why Use Gold? There have been few occasions where government has been criticized for keeping hold of gold reserves. Quite apart from it, in fact, with the British government panned for selling back in 2002. There has never been a better time in fact, with measures over the world being taken […]
Alert: Gold Breaks Out to New 2017 High
Gold’s naysayers and doubters came out in full force earlier this summer as sentiment reached its nadir. The mid-year pullback in prices did, too. There can be no doubt about it now – gold has broken out of its summer doldrums. On Monday, the yellow metal finally broke through the longstanding $1,300/oz resistance zone to make a new high for the year at $1,316. Assuming the breakout holds, the next upside target is $1,375/oz, the high point for 2016. There are plenty of bullish factors behind gold’s recent upside momentum to continue pushing prices higher in the days and weeks ahead. The gold mining stocks are starting to show relative […]
China’s Get the Gold Plan: Part II
Money Metals readers may remember my November 2014 report in which I discussed how gold flowed into China in “tributary fashion” like small streams flowing into a giant one. In this case, the gold has been streaming into China’s increasingly massive thousands-of-tons gold hoard. In January, 2015, I penned an essay titled “China’s Global Gold Supply “Game of Stones” outlining China’s long-range goal to dominate the world’s physical gold market. Well, events have moved massively forward since then. I want to update you as to just how much things have changed – and how close we may be to experiencing a “defining moment” in the gold market. I’m talking about […]
Sleeper Issues Poised to Rattle Markets
Investors have been well-trained in complacency. They have spent the past few years watching markets shrug off momentous geopolitical events – each more quickly than the last. Brexit’s impact faded within days. Trump’s election faded within hours. Stocks traded at all-time highs this summer and volatility made all-time lows. That is the set-up as we head into the fall… Almost nobody seems nervous. In this age of central planning and highly artificial markets, it is hard to tell when this period of strange market serenity will end. But vigilant investors should have a few ideas. The next few months are going to challenge the status quo. President Trump Is Under […]
Central Banks Are Starting To Worry Investors
The original article was posted on TimeMoney.com In previous articles (here and here), we’ve discussed how central banks are going to halt adding liquidity into the financial system which could cause a correction in the stock market. Many people scoff at that idea because they look at the current market and say, “what could possibly go wrong?” This is recency bias at work as many investors have never experienced a sizeable market correction. Stimulus reached the highest level of this cycle. Quantitative easing has been among the most important drivers of the rally in asset prices for the past 8 years, once discontinued, the opposite will happen – namely a decline in asset prices. If you are an […]
The Next Tech Crash Could Delay Your Retirement by a Decade
Provided by Hard Assets Alliance John Grandits | August 14, 2017 The S&P 500 Information Technology Index recently surpassed its previous peak of 988.49 set in March 2000. It took a whopping 17 years to recoup the massive losses from the implosion of the dot-com bubble. Not even the Federal Reserve chairman at the time, Alan Greenspan, could rein in the enthusiasm of the tech disciples with his oft-quoted 1998 “Irrational Exuberance” speech about market valuation. Valuations stretched to epic proportions as companies with little revenue and no chance to make a profit rushed to join the IPO party. Even profitable, higher-quality names fell victim to the Ponzi scheme as […]
Gerald Celente on Markets: “When Interest Rates Go Up, This Thing Goes Down”
Your browser does not support the podcast player element. DOWNLOAD MP3 Mike Gleason (Money Metals Exchange): It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is a well-known trends forecaster and highly sought-after guest on news programs throughout the world and has been forecasting some of the biggest and most important trends before they happen for more than 30 years now. It’s always great to have him on with us. Mr. Celente, thanks so much for the time today, and we appreciate you joining us. Gerald Celente (Trends Journal): Thanks for having me on, Mr. Gleason. Mike Gleason: Well, I want […]
Is the Yellen Fed Planning to Sabotage Trump’s Presidency?
The Federal Reserve can make or break a president. Monetary policy influences all financial markets as well as the cycles in the economy. No president wants to have to run for re-election when the stock market and economy are turning down. Recall that President George H.W. Bush was sitting on sky-high job approval numbers in 1991 and was expected to coast to victory in his 1992 re-election bid. But then the economy swooned toward recession, giving Bill Clinton the opening he needed. Bush later blamed Federal Reserve chairman Alan Greenspan for his defeat. Greenspan had held interest rates too high for too long, Bush complained. On the campaign trail in […]
Sen. Hatch: Those Opposing More Debt ‘Don’t Deserve to Be Here’
Republican leaders in Congress, with the urging of Treasury Secretary Steve Mnuchin, are anxious to raise the federal borrowing limit from $19.8 trillion – no strings attached. The only hitch is those pesky conservative voters who were promised restraint by party leaders. GOP establishment hopes to quietly pass a “clean” bill to raise the debt ceiling – a direct betrayal of that voter base – don’t currently enjoy enough support from other Republican members who still consider themselves accountable. So, a deal with the Democrats beckons. Republicans technically have the power to finally honor the limit on borrowing by reducing spending. After all, Republicans control both Congress and the White […]
Solar, Bubble, Banks, War, and Legal Tender: Five Reasons Why You Should Buy Silver Now
Provided by our friends at Hard Assets Alliance. By Shannara Johnson – Aug 7, 2017 Unlike its big brother, gold, physical silver is coveted for both investment purposes and industrial usage. Right now, silver prices are in a bit of a slump—in other words, it’s the perfect time to load up on this precious metal while it’s down. Here are some good reasons why silver should be on every investor’s radar. Reason #1: Silver Is Being Used Up in China’s Solar Boom. By far the largest application of industrial silver today is in solar panels—and Chinese demand for solar energy is skyrocketing. In its 13th Five-Year Plan, Beijing aims to […]
Get Ready for an Historic Upside Gold and Silver Run
The Bigger the Base, the Greater the Upside Case. This saying among technical analysts/chartists helps define where we are today in the precious metals – and where we’ll soon be headed. It means that when prices “base” in a relatively narrow sideways range for an extended period, they will at some point break out. Before the action gets underway, bears and bulls alike will get “sandpapered” as they take positions, trying to guess whether or not the price is getting ready to decline further or move upward into a new bull phase. If you consider that time spent in sideways consolidation represents a build-up in stored energy, then a valid […]
Ethereum vs. Tangibleum: Why Cryptocurrencies Can Never Replace Physical Gold
Article provided by our good friends at Hard Assets Alliance. By Shannara Johnson – August 3, 2107 On June 11, 2017, Bitcoin reached its all-time high of $3,025.47… followed by a 27.7% plunge only four days later. By July 12, it had lost a total of $12 billion off its value within a month. Ethereum, another popular cryptocurrency, increased its market share from a mere 5% at the beginning of the year to a breathtaking 30% in June, only to plummet 65% from its record-high by mid-July. One man who wouldn’t be surprised in the least by this insane level of volatility is Raoul Pal, founder of the monthly investment […]
