RSSCategory: Articles: General

Another Wake Up Call – Hold Physical Gold & Silver

| November 27, 2012 | Articles: General

Our friends at SGTReport and TheLibertyMill created an excellent micro documentary about the threats coming from the financial and monetary world. They focus on the situation in the US, but the ideas are universal. It is meant as a wake-up call for people, especially the ones that are not aware of the graveness of today’s situation. People still have time to prepare for a potentially painful situation to come, but time is ticking and the time left could be limited. It’s better to be prepared way too early than just a little bit too late. The once proud and independent people of the United States have, in large part, been reduced to […]

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Diversify Some Of Your Fiat Money Into Gold Before It Is Too Late

| November 27, 2012 | Articles: General
Diversify Some Of Your Fiat Money Into Gold Before It Is Too Late

Since the middle of October the price of gold has been building some solid support above the $1700 an ounce level. However, it continually came into selling resistance at the $1720 an ounce and then again at the $1740 an ounce. All of this selling pressure can be attributed to the action of traders and especially those on Comex, meaning none of the selling was for hedging purposes and none of it had anything to do with an increase in the supply. Nevertheless, traders were able to influence prices using massive sell orders in this paper market. The gold market then went on hold as it waited for an outcome […]

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Buying Physical Gold & Silver Was Never That Simple But Mind The Risks

| November 24, 2012 | Articles: General

The paper market is some 100 times larger than the physical one. It’s easy to “fall into the paper trap” by investing in of the “gold proxies”. Those are mostly ETF’s that track the price of gold or silver. Our vision here at GoldSilverWorlds is that everyone should have a core gold or silver holding in physical form. We consider it so fundamental, that we think it’s worth repeating once again what we consider the “safe plays”. (1) Purchase of coins or small bars in physical form – the “traditional” method. You need to make sure that the metal is pure. Storage can be a risk, both at home or in the bank […]

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What Is The Gold Standard Exactly?

| November 22, 2012 | Articles: General
What Is The Gold Standard Exactly?

We wouldn’t believe a year ago that even the mainstream media would be talking about “the gold standard” so often as they did over the past few months. Even the number of searches in Google has been increasing, which is a sign that the topic is gaining in “popularity”. Now what exactly is “the gold standard”? Is it correct how most describe it as a state where money is backed by gold? In the latest edition of The Gold Standard Journal, an article appeared in which the author Thomas Allen explores this question in more detail. He goes back in time to provide a well argued explanation. We highly encourage […]

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Paulson Buys Gold & Becomes Largest Shareholder Of GLD ETF

| November 22, 2012 | Articles: General
Paulson Buys Gold & Becomes Largest Shareholder Of GLD ETF

Back in the summer, when the gold price was hovering at its critical juncture at around $1,550, we wrote that smart money like Paulson and Soros was accumulating gold. Obviously the Chinese belong to this group too. It appeared afterwards that smart money prevented the gold price to drop below $1,520, a price point that acted as the ultimate support. Today Bloomberg reported that Paulson has been continuing his gold purchases, mainly via the SPDR Gold ETF. He just became the largest owner of the GLD, based on the Nov. 15 SEC filing. That’s more than remarkable news. These are the figures that give an idea of the magnitude of Paulson’s gold holdings: Paulson currently owns […]

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Silver Demand: Industrial Outlook Till 2014

| November 21, 2012 | Articles: General

The Silver Institute just published the research report “The Outlook for Silver Industrial Demand.” The research, executed by Thomson Reuters GFMS, examines the current and future outlook for global industrial silver demand. We quote from the summary of the report: At present, against a backdrop of a continuing sluggish global economy, a downturn in silver industrial demand is forecast for 2012, although a recovery in 2013 will see these losses entirely recouped. The report states that during 2012-14, some silver industrial market segments will outperform, including the use of silver in ethylene oxide (EO) plants, which is already experiencing a strong performance this year. Silver oxide is employed as a […]

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Gold In China – Update November 2012

| November 16, 2012 | Articles: General

Lots of news is coming out of China these days. We’ve selected the three most valuable insights and quote them in this article. Today Mineweb wrote that gold demand in Q3 had fallen compared to a year earlier and that the decrease was due to decreased demand out of China as the Chinese economy is slowing down. Global gold demand dropped 11 percent in the three months to September from record levels seen in the same period last year, dampened mainly by fading Chinese fervour as its economy slowed, with stronger Indian demand stemming a larger fall, the World Gold Council said. Chinese gold consumption fell 8 percent in the July […]

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Why Not Gold Instead Of The US Dollar, Says Turkish Prime Minister

| November 13, 2012 | Articles: General

The international pressure on the usage of the US dollar as a world reserve currency is increasing. Turkish Prime Minister Erdoğan openly asked why the International Monetary Fund is not using gold as its reserves instead of the dollar. It’s becoming increasingly clear that the dollar isn’t necessarily a blessing but rather an issue for some countries. These are some highlights from what Erdoğan publicly said (source: Sabah.com.tr) Expressing that he doesn’t feel it is right for the IMF to act according to one nation’s currency, Erdoğan states, “The IMF extends aid on a who, where, how and on what conditions bases. For example, if the IMF is under the influence of […]

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Gold Rush – A New Ebook About America’s Gold Rushes

| November 13, 2012 | Articles: General

The new ebook “Gold Rush!” by Mike Landfair answers the question “How do I buy Gold?” It is written for the novice who wants to protect his or her wealth, but doesn’t know how. Mike Landfair has been writing about Gold (and Silver) and making predictions about future precious metal prices for almost a decade. He wants to help people to survive the collapse of fiat currencies. The author describes in his book the two Gold rushes that America has experienced. He believes we are about to go through the third one. The first Gold rush began in 1848 with the Gold discovery in California and sparked radical change in […]

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Gold & Silver Today – November 7th

| November 7, 2012 | Articles: General

Our selection of today’s gold and silver news: Gold Daily and Silver Weekly Charts – Good To Be Back Home Again Source: Jesse’s Crossroads Cafe | 2012-11-07 Gold, shares gain, dollar slips after Obama victory Source: SGT Report | 2012-11-07 Charteris: Silver to Rise 500%, Gold to Hit $2,500 in 2015 Source: SGT Report | 2012-11-07 Hathaway: Gold Setup To Super-Surge To New All-Time Highs Source: King World News | 2012-11-07 Obama Wins; Gold And Silver Jump 2 and 3 Percent Source: Gold Core | 2012-11-07 GATA’s clamor reaches an ever-wider circle of the gold universe Source: GATA | 2012-11-07 Richard Russell – I See Catastrophic Insane Bubbles Everywhere Source: […]

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GE Christenson About His Ebook: Survival Investing With Gold and Silver

| November 1, 2012 | Articles: General

GE Christenson launched an ebook “Survival Investing.” He wrote the book because of his conviction that inflation is an inevitable event. There are dangers associated with the current global money printing schemes, which people should be aware of. These monetary topics are not easy to grasp, so the author created a book that’s easy to read and simple to understand. It’s written in a way that people could relate to the ideas and examples in the book, in order to understand the necessity of hedging their purchasing power to inflation. The author says: “I lived through the inflation of the 1970’s in the United States. I fully expect the coming […]

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Central Banks’ Paper Gold vs Physical Gold: Is The Dust Settling?

| October 26, 2012 | Articles: General

Much has been written lately with regard to the central banks’ gold holdings. One of the triggers was the news out of Germany, where the debate about Germany’s real gold holdings became very hot this week. Among others, financial journalist Lars Schall came out with the results of his “field research”. His findings were that institutions like the German Bundesbank, the Bank of England, the US Federal Reserve and the IMF, refuse to reveal figures about  their real physical gold holdings. It’s a confirmation of what was already known, but it caught the attention of mainly the alternative media as well as GATA and increases the pressure for transparency. The “good news” from […]

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One Chart Explains Why Government Debt Is Dragging on the Economy

| October 25, 2012 | Articles: General
One Chart Explains Why Government Debt Is Dragging on the Economy

By Dan Steinhart, Casey Research The US has too much debt. This is no longer a controversial statement. Some may believe other problems are more urgent, or that we need to grow our way out rather than slash spending. But even the most spendthrift pundits acknowledge that the debt-to-GDP ratio of the US must decrease if we are to have a stable, prosperous economy. The private sector has reacted to this over-indebted reality as you would expect: by deleveraging. Since 2008, households and businesses have extinguished of 67% of their debt when measured against GDP. Some paid debt down purposefully, and others defaulted. For our purposes, it doesn’t matter how […]

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Financial Astrology: Japan’s Economic Recovery

| October 20, 2012 | Articles: General

There could be an interesting paradigm shift occurring in Japan that could set the stage for a new era of prosperity in a country that for the last 20 years has endured a rudderless economy. The planet Pluto is transiting the first house of the nations chart, and will make a trine to the nations Sun October 19th. The significance here is the first house represents the people of the nation and a “fresh start.” It could be that the government has intentionally derailed the economy for the last 20 years, racking up debt and eclipsing the GDP by over 230%. The recovery could come this time from the people, […]

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