Tag: gold

5 reasons why you should invest in gold in 2012

| July 2, 2012 | Articles: Insights

With the economy problems still on a rise there is a constant need felt for better investment opportunities among investors. If you want to invest your hard earned money into some lucrative arena, shares and bonds don’t seem too convincing. However investment is a must as there is no point making the growth of the money stagnant by keeping it at home. So you need to find a way out! A considerable option that you can hold back on is investments in gold. Gold prices since the earlier times seem to have a steady rise bringing great profits. The demand for gold is also always on high and people never […]

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Where was the gold?

| July 1, 2012 | Articles: Insights
Where was the gold?

I am an avid reader of monetary history. Of late I have been focusing on the monetary events of the 1920s and 1930s. By learning from the maelstrom that riled the global financial scene during those two tumultuous decades, I aim to better understand present circumstances because there are many similarities between then and now. I’ve just finished a fascinating book published in 1955 entitled Confessions of The Old Wizard. It is the autobiography of Hjalmar Horace Greeley Schacht, whose improbable name reflects his North Schleswig ancestry and his father’s admiration of an American newspaper editor. For those not familiar with him, Schacht is generally given credit for ending in 1923 […]

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Jean-Marie Eveillard: This Is All A Delusion, I Am Keeping My Gold

With global stock markets trading higher, today King World News interviewed legendary value investor Jean Marie Eveillard, who oversees $50 billion at First Eagle Funds.  Eveillard told KWN that despite “the fact that the stimulus has been completely unprecedented in scope … the economic recovery seems to be sputtering.”  He also discussed the gold market, but first, here is what Eveillard had to say about the ongoing crisis:  “There is no doubt that there are major deflationary forces at play.  There is also no doubt that the private sector is continuing to deleverage.  But in order to prevent the deleveraging of the private sector from sending the economy into a replay […]

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John Embry: We’re On The Edge of Collapse, We’ve Run Out of Time

Today John Embry told King World News, when referring to what is needed to bail out Europe, “All I know is that these numbers are staggering … We are on the edge of collapse.  We’ve run out of time.”  Embry, who is Chief Investment Strategist of the $10 billion strong Sprott Asset Management, also told KWN that if the euro does split apart, it “will be extraordinarily chaotic.”  Here is what Embry had to say about the crisis:  “We’ve got to focus on what’s coming up in the short-run with regards to the European situation.  It’s going to be an extremely interesting summit they are hosting this Thursday and Friday.  The problems are piling up […]

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Gold and Silver Steady Ahead of EU Summit Despite Negative Forecast

Gold and Silver Steady Ahead of EU Summit Despite Negative Forecast

Prices to Buy Gold hovered just above $1580 per ounce throughout Tuesday morning’s London trade, up around 0.6% on where they ended last week following gains in yesterday’s trading. Prices to Buy Silver traded in a tight range around $27.50 an ounce – 2.1% up on the week so far. “After last week’s bearish price action it is hard to get excited about a sustained rally [for gold],” says the latest note from technical analysts at bullion bank Scotia Mocatta. “In our opinion,” adds Commerzbank senior technical analyst Axel Rudolph, “gold has resumed its downtrend…we will retain this negative forecast while the Gold Price trades below the current June high at $1641.” European stock markets meantime edged slightly higher […]

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Jeffrey Saut: Europe To Launch Massive Two Trillion Euro Bailout Package

With tremendous volatility in global markets, today King World News interviewed one of the savviest guys in the business, Jeffrey Saut, Chief Investment Strategist for Raymond James.  Saut surprised KWN by saying that Europe is about to launch “a two trillion euro bailout package.”  He also stated that this “puts our Federal Reserve into a box whereby they will have to provide some kind of liquidity event in order to keep the US dollar from spiking higher.”  Saut also discussed gold, but first, here is what he had to say about the crisis in Europe:  “Having worked inside the Washington DC beltway, I have a pretty good working knowledge of politicians, bureaucrats […]

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How Does Gold Fare During Hyperinflationary Periods?

How Does Gold Fare During Hyperinflationary Periods?

By Jeff Clark, Casey Research Inflation is a natural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors, we’d like to know if the precious metals would keep pace in this extreme scenario. Hyperinflation is an extremely rapid period of inflation, but when does inflation (which can be manageable) cross the line and become out-of-control hyperinflation? Philip Cagan, one of the very first researchers of this phenomenon, defines hyperinflation as “an inflation rate of 50% or more in a single month,” something largely inconceivable to the average investor. While there can be multiple reasons for inflation, hyperinflation historically has one root […]

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Fear Index update: June 2012

| June 23, 2012 | Articles: Insights
Fear Index update: June 2012

The constant talk about gold’s lack of yield, which in many analysts’ opinion disqualifies it as a desirable asset, ignores the very important and extremely valuable function that gold performs as an independent and reliable store of value. Savings and liquidity have value, especially in times of uncertainty, and so does insurance. Gold is money and it is also insurance against the failure of fiat currency. How much is it worth to protect your hard earned wealth from the arbitrary decisions and regime uncertainty that permeates the world of monetary policy? The simple fact is that people around the world – particularly in Asia – are willing, as many have […]

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How to Save Your Money And Your Life

By Doug Casey, Casey Research I think there are really only two good reasons for having a significant amount of money: To maintain a high standard of living and to ensure your personal freedom. There are other, lesser reasons, of course, including: to prove you can do it, to compensate for failings in other things, to impress others, to leave a legacy, to help perpetuate your genes, or maybe because you just can’t think of something better to do with your time. But I’ll put aside those lesser motives, which I tend to view as psychological foibles. Basically, money gives you the freedom to do what you’d like – and […]

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The real cost of not owning gold

The real cost of not owning gold

Bloomberg recently published an illustrative slideshow titled “The Real Cost of Owning Gold”. As usual when dealing with precious metals, in an attitude that is widespread among the mainstream financial press, the tone is dismissive, disdainful and almost mocking of those that advocate ownership of hard assets – and especially gold. The reasons for this hostility are fairly obvious. First, ignorance: precious metals have been out of fashion for over 30 years, and financial analysts (average age 35) know little about them. Most would have came of age, professionally and intellectually speaking, during the early part of the last decade – at a time when gold investors were the crazy-old uncles of […]

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Caesar Bryan: Gold To Be Viewed As Risk Free Asset In This Chaos

With investors wondering where global markets are headed next, today King World News interviewed 25 year veteran Caesar Bryan.  Gabelli & Company has over $31 billion under management and Caesar Bryan has managed the gold fund since its inception in 1994.  Caesar told KWN that he expects central banks to be much more active going forward.  Here is what Ceasar had to say about the ongoing crisis:  “We are still seeing the effects of too much debt, and the authorities are coming to grips with how to deal with this phenomena.  This is going to prove to be a very tough assignment.” Caesar Bryan continues: “In Europe, Spain’s banking system needs recapitalizing.  […]

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Peter Schiff: if you really care about the debt crisis, then you should be in gold

Peter Schiff explains his economic view on the important moves in the financial markets past Friday and concludes with his take on gold. It all started with the US jobs data for May: estimates were that 150.000 new jobs were created, but instead the number stuck at 69.000. That means unemployment rate in the US is now  8.2%. If you have a look at another unemployment number – being the so-called U6 which includes also the discouraged unemployed people – the rate is 14.8% now. Apart from the bad US unemployment numbers, the expected GDP in Q1 was revised downward and is now expected to be 1.9%. But Peter Schiff […]

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Myths and Realities of Returning to a Gold Standard

Myths and Realities of Returning to a Gold Standard

By Terry Coxon, Casey Research The gold standard, under which any holder of paper dollars could redeem them for gold at the US Treasury, is now within the living memory of just a few million Americans, nearly all of whom would be dangerous behind the wheel. But thanks to the money printing and the federal deficits that have grown to astounding scales since 2008, and thanks also to the clashing pronouncements of Ron Paul and Ben Bernanke, the idea of a gold standard has resurfaced in the public’s consciousness. I’m happy to see the concept enjoying a revival. Reading about it in the mainstream press and hearing it mentioned on […]

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Gold’s Contrarian Moment

Gold’s Contrarian Moment

By David Galland, Casey Research Glancing at the news most days, it’s hard not to feel like Bill Murray’s character in Groundhog Day. In the event you are unfamiliar with the movie, in it Murray’s character becomes trapped in the same day… day after day. In the current circular condition, we have the powers-that-be assuring us that the next high-level meeting will finally produce a permanent fix to the broken economy, essentially solving the sovereign debt crisis. Then, in no more than a few days, or at most a couple of weeks, the fix is revealed to be flawed and the crisis again sparks into flames… followed shortly thereafter by […]

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