RSSCategory: Articles: General

The Truth About QE & Our Economy: It’s Going To End Badly

| March 14, 2013 | Articles: General

The media encourages us to believe that practically everything in our economy is either good or getting better. It is not. Trust your instincts and observations more and government statistics and the mainstream media less.

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Good News For Gold: Too Bearish Is Bullish

| March 14, 2013 | Articles: General
Good News For Gold: Too Bearish Is Bullish

Since last October, at BFI, we have hedged our clients’ core holdings in gold. We are now watching gold and silver prices closely, as we get closer to the end of the correction. We expect to lift our hedge very soon.

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Gold & Silver ETF’s: Inflows, Outflows & Fuzz

Gold & Silver ETF’s: Inflows, Outflows & Fuzz

Our focus is on the facts, not the noise. We did some quick checks on the figures and collected the following data. Our conclusion: a lot of focus on the GLD physical outflows, almost no attention has been given to the SLV inflows. The total holdings of all ETF’s combined barely show a change. A lot of fuzz, which we call “noise”.

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China Concerned About QE & Currency War

At a certain point in 2011, the Chinese let their currency go up. Amazingly, right after they did it, their inflation, trade surplus and economy “cooled off”. So the exchange rate was pegged at a new level. That’s when the Fed announced QE3, and the same process started all over.

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Gold Confiscation In The 20th Century – Infographic

Gold Confiscation In The 20th Century – Infographic

It is noteworthy how 3 out of the 5 acts of gold confiscation happened in the decade following the Great Depression of 1929. Also, the red line between the different confiscations is that the governments were in desperate need of money OR were in a state of destroying their own currency.

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US Mint Silver Eagles Exceptionally Strong In First Days Of March

US Mint Silver Eagles Exceptionally Strong In First Days Of March

During the first days of March, especially the silver coin sales have been disproportionately high compared to previous years. Mind that the following tables show the first five days of March 2013, while the full month is shown in the years before.

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Beware The Dow Jones Nominal Record High

Beware The Dow Jones Nominal Record High

Euphoria in the stock market. The reason is obviously this gigantic move in the US stock indexes, mainly the Dow Jones Industrials Index, breaking into historically record high territory. Enough reasons to think that the risks of an economic crisis are gone? Let’s look at what is happening from several points of view.

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Gold: Extreme Readings In 13 Charts by Peter Degraaf

In his latest piece Peter Degraaf calculates that it is now 78 weeks ago since the gold price reached a new all-time high. He compares it with the correction of 2006 which took 71 weeks, and the correction in 2008 which took 77 weeks. In his article, he shows 13 different charts which are characterized by extreme and mostly historic readings.

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Is The Euro Gold Fear Trade Bottoming

Is The Euro Gold Fear Trade Bottoming

We wrote very recently that gold is considered a fear trade in the West, opposed to a love trade in the East. Anecdotal evidence is to be found in the following two charts. The first one shows the frequency of the words “euro crisis” in Bloomberg’s headline. The second is the euro gold price over the same period of time. There is an almost one-on-one correlation between both.

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US Mint Sold Exceptionally High In January & February

US Mint Sold Exceptionally High In January & February

US Mint gold and silver coins have sold at a record volume in January & February compared to the first two months in previous years. The first two months of the year have been the highest ones since 2008. Please mind, the volume alone tells us nothing about the price.

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The Safest Country To Hold Physical Gold

| February 28, 2013 | Articles: General

Where gold is held on behalf of the investor and its ownership is not transferable, then the safe-haven of Switzerland remains the only place that will ensure gold remains inside its borders and in your beneficial ownership.

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Doug Casey About The G20 Meeting: Talk vs Reality

| February 27, 2013 | Articles: General

Recent economic data have disappointed. At the same time our leaders pretend that the prospects of the economy are good to great. A confusing situation with mixed signals – what and who to believe?

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Sound Money Campaign: “Economists Love To Hate Gold”

| February 26, 2013 | Articles: General

The Sound Money Campaign website (an excellent initiative by the way) just released an interview with Jay Taylor. It is a “must listen” interview as interesting insights are revealed. Triggered by the seeming propaganda against the metals in the past two weeks, Jay Taylor shares his take on the metals, our money and gold miners.

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Don’t Expect Our Leaders To Protect You – Do It Yourself

| February 24, 2013 | Articles: General

Our leaders do care about us: right or wrong? We only have an opinion about it, and can only encourage people to look at that fundamental question in a very thorough and truthful way.

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