RSSCategory: Category: Money & Currency

Gold To Profit From The Coming Dollar Correction

| March 12, 2015 | Category: Money & Currency
Gold To Profit From The Coming Dollar Correction

The key take-away is that the dollar can certainly go higher from here, but the rally is close to cool down. Also, no matter how impressive the recent rally has been, its strength has been historic, so it should not be realistic to expect a similar strength going forward. These factors make us think that the pressure on commodities, including the precious metals complex, is about to fade.

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The US Dollar Is Topping. When?

The US Dollar Is Topping. When?

My take is that the dollar is at or close to a multi-year high and that the trip back down will be ugly. But most markets are managed and consequently what makes sense is often irrelevant when manipulated by High-Frequency-Trading and political agendas. It is far better to be an insider rather than an analyst peering through purposely distorted windows into the opaque world of international capital flows and currency manipulations.

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Silver and Gold: Shelter From the Storm

Silver and Gold:  Shelter From the Storm

Debt will increase substantially from here, until a massive reset occurs. Gold and silver, in spite of financial cartel resistance, will assert their real value and be priced much higher, depending on the quantity of debt created, loss of confidence in government and central bankers, and the amount of chaos that occurs during the coming storm. Exponentially increasing systems do not last forever. Gold and silver do.

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Currency Turmoil Make Gold And Silver Ownership a Necessity

Currency Turmoil Make Gold And Silver Ownership a Necessity

The first two months of 2015 have seen turmoil in the currency markets extend from Russia and Ukraine to the heart of Europe. “Central Banks Now Open 24/7 Fighting Currency Wars and Deflation,” blared a February 12th Bloomberg headline. Against this backdrop, precious metals have been on the rise in terms of all currencies except the Swiss franc and the U.S dollar.

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Mind The Risks Of Sovereign Debt, Fiat Currencies, And Leveraged Paper Investments

Mind The Risks Of Sovereign Debt, Fiat Currencies, And Leveraged Paper Investments

The S&P, crude oil, gold and silver have exponentially increased in price as fiat currencies have been devalued. Consumer price inflation destroys purchasing power, especially when interest rates are low or negative. Unbacked paper fiat currencies are well and truly on the road to oblivion, and the lambs are being led to the slaughter of assets invested in sovereign debt, fiat currencies, and leveraged paper assets.

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Why You Should Have a Gold and Silver Seat Belt

Why You Should Have a Gold and Silver Seat Belt

Exchanging some of your “paper promises” (currency) for the physical financial reality of gold and silver on a regular basis makes more than just good business sense. It helps make sure that come what may in your financial life, your “financial insurance policy” will be there to help you out, when, not if, the chickens from so many years of unsound government policies come home to roost. Look toward Argentina, Venezuela, Russia and others as harbingers. Even now, the U.S. inflation rate is arguably several percent higher than the “official” figure. You would do well to pay attention and plan accordingly.

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Mr. Ponzi – Patron Saint!

Mr. Ponzi – Patron Saint!

What should we do to hedge against the massive increase in the number of (Ponzi-like) currency units? Hard assets such as gold, silver, diamonds, land, and real estate may protect you from the devaluation of currency units. Gold and silver are long-term insurance to help protect from Ponzi economics and devaluing currency units.

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Gold: The Good, Bad, and Truly Ugly

Gold: The Good, Bad, and Truly Ugly

The global financial system is vulnerable and dangerously fragile. If it were safe and healthy, why would Europe continue to “throw good money after bad” with more bailouts to Greece and other countries? Ask yourself if Italy, Spain, Japan and the US are materially different. A vulnerable and dangerous financial system that is increasingly leveraged is a bubble in search of a pin. Accidents happen! Protect yourself and insure your assets with gold and silver.

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Is Russia Preparing To Introduce A Gold Standard?

Is Russia Preparing To Introduce A Gold Standard?

The key motivation behind the accumulation of gold is undoubtedly linked to secure the country from the increasingly inevitable collapse of the global currency system. As Macleod points out, “this ultimately is the importance of gold for Russia, and the fact she has been acquiring it aggressively suggests Putin knows it. Putin is not like a western politician driven from one trivial crisis to another and wholly reliant on a central bank to handle money matters.”

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Central Banks Are In Trouble

Central Banks Are In Trouble

Central banks are in trouble. The belief that a committee of academics can manage an economy is wilting as more and more question their role. The trillion euro quantitative easing and absurdly low and falling interest rates smack of desperate times and desperation. The vast injection of make-believe money will act as a great boost to the make-believe economy noted in official statistics. The one-per cent will certainly add to their paper wealth. It will not help the real economy though – the one where businesses employ people to produce goods in the hope of making a profit. Quite the opposite.

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Is The Mainstream Financial Media Questioning Central Bank Credibility?

Is The Mainstream Financial Media Questioning Central Bank Credibility?

Jim Rickards discusses the observation that the financial mainstream media is increasingly questioning the credibility of central bank monetary policies. “I don’t actually think that the fundamental state of the world has changed. What has changed, it has become more visible. Analysts, investors and mainstream media are starting to wake up to things like currency wars, the save haven nature of gold, etc. I think the reason for that is that until you reach the zero rate bound, you can pretend it it’s a normal rate cutting exercise. Once you hit zero that pretense is gone and the currency war becomes more explicit.”

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Volatility On The Rise As Gold Being Bid Along With Other Safe Havens

| January 20, 2015 | Category: Money & Currency
Volatility On The Rise As Gold Being Bid Along With Other Safe Havens

The key take-away of this article is that gold has not lost its luster, contrary to what mainstream media and pundits have been explaining in the last two years. Despite the big decline in the price of gold in the first half of 2013, gold has been holding up very well since then, and is clearly acting as a safe haven of late.

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Did the Secretary of the U.S. Treasury Confirm that the Dollar Is Make-Believe Money?

Did the Secretary of the U.S. Treasury Confirm that the Dollar Is Make-Believe Money?

So here we have the Secretary of the Treasury declaring that the money henceforth issued was in fact “stage money” that looks like real money.” Stage money is the stuff actors pass around during a performance instead of real money. President Roosevelt soon got rid of Secretary Woodin, replacing him with Henry Morgenthau, Jr. who had the good sense never to suggest that our money had been transmogrified into “stage money,” a.k.a. makebelieve money.

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Governments Have Distorted the Meaning of Money

Governments Have Distorted the Meaning of Money

No government could remove the ringing echo of sound money from history, or from us. And government cannot camouflage its counterfeits with gold colored paint. You can experience sound money’s evident ring of truth for yourself. Toss any gold or silver coin on your kitchen table and you will hear the history of honest money ringing down through the centuries. And perhaps, thanks to grassroots projects like the Sound Money Defense League, you will hear the trumpeting of better days to come.

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