Tag: gold

Gold Will Overwhelm Dent

Gold Will Overwhelm Dent

Harry Dent is a good demographer and stands for what he believes. But this is not about Harry Dent. Charles Sizemore is a writer and editor who works for Harry Dent, but this is not about Charles Sizemore. This is about gold! Over a century ago JP Morgan understood that gold was money and the rest was credit. But he lived when you could buy groceries with a gold eagle and a cup of coffee cost a few cents. Ben Bernanke and hundreds of other “paper pushers” ignore gold, pretend not to understand it, and pressure the world to transact business using their paper currency Ponzi schemes. Why? Because the […]

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Gold, Gold Stocks, and the End Game

Gold, Gold Stocks, and the End Game

We have seen the bottom in the gold market and gold stocks. Evidence: 1. Examine the 30+ year chart of the monthly XAU (gold stock Index) to Gold ratio. You can see that the downtrend in the ratio has lasted about 20 years – since 1996. The ratio is now at all-time lows in the form of a contracting triangle. The triangle appears broken to the upside. 2. In the last 20 years gold has moved upward from under $300 to $1,100 per ounce yet the XAU index has not kept pace, as shown by the ratio dropping from about 0.35 down to 0.03. 3. Gold hit a multi-year low […]

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Central Planners Freaking Out about Discussion of Gold’s Role

Central Planners Freaking Out about Discussion of Gold’s Role

Growing Support for Sound Money Rankles Fed Apologists Sound money issues make for good politics these days. The leading Republican candidates have all suggested reforms to our monetary system. The topic is popping up in debates as well as interviews. Predictably, Fed worshippers and proponents of central planning everywhere are snickering and trotting out the usual responses. Michael Hiltzik, with the Los Angeles Times, recently published a column titled “The Worst Idea in the Presidential Debate: a Return to the Gold Standard.” He thinks “a return to the gold-standard would be so not right that it’s not even wrong.” It’s another way of saying the idea is so bad it […]

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Gold in 2016

Gold in 2016

We all know that gold prices in US dollars have been in a downtrend for about 4.5 years. We all know that gold prices rise, on average, as the underlying currency declines in value. Gold in the US was priced under $21 per ounce when the Federal Reserve was established. Since then the dollar has been devalued and gold has increased in price by a factor of about 50. It is the same story around the world, whether you evaluate in terms of British pounds, euros, rubles, yen, or any other debt based fiat paper currency. So what are gold prices today and what will they be in the next […]

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The Difference Between Gold and Debt

The Difference Between Gold and Debt

The world has added approximately $60 Trillion in debt since 2007, much of it sovereign debt created from deficit spending on social programs, wars, and much more. In that time the world has mined perhaps 30,000 tons of gold, or about 950 million ounces, worth at September 2015 prices a little more than a $Trillion. It is easy to create debt. Debt increases, currency in circulation increases, and until it crashes, life is good for the financial and political elite. But debt increasing 60 times more rapidly than gold indicates that debt is growing too rapidly and due for a reset.

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Can Gold Save The World From the Credit Bubble?

Can Gold Save The World From the Credit Bubble?

The credit bubble has grown so large that the supposed central bank gold would have to be valued at $40,000 to $80,000 per ounce to back all the debt. Revaluing gold higher by a large factor may become necessary in the future to reestablish confidence in currencies. However a revaluation certainly will not be welcomed by central banks, governments, or most individuals. The transition to $80,000 gold, or even $10,000 gold, would be very traumatic.

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16 Investment Insights – Money, Markets, And Metals In 2015

16 Investment Insights – Money, Markets, And Metals In 2015

This is a summary of the key investment insights from 6 top fund or money managers, as well as top traders, including Jim Rickards and Ronald Stoeferle (well known in the precious metals community worldwide), during the quarterly Incrementum Advisory Board.

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Returns Of A Diversified Precious Metals Box

Returns Of A Diversified Precious Metals Box

Let’s compare the performance of the three precious metals, using 30 Dec 1994 London Fix prices to 31 Dec 2013 (throwing in platinum for comparison): gold was up 214%, silver up 302%, platinum up 226%.

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Is This the Beginning of the End for the Dollar?

Is This the Beginning of the End for the Dollar?

Several observations by Sharps Pixley point to structural weakness in the dollar. In fact, the long anticipated decline of the dollar hegemony could be in front of us. The following five trends provide a confirmation of that. It should not come as a surprise that competition from China is a key driver in the the dollar reserve currency end game. During that processs, gold will play a crucial role as a stabilizer; it will offset the decline of the dollar by a higher gold price.

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Money, Gold And Liberty – What Has Changed In 2013?

Money, Gold And Liberty – What Has Changed In 2013?

The last year has been an interesting year in many respects, especially for precious metals. We saw strange fluctuations in the gold price, mainly because of the paper market, and also “creative” ideas by governments on how to control their citizens and their wealth.

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Hope versus Gold – Place Your Bets

Hope versus Gold – Place Your Bets

The inevitable conclusion of this article that, over the long term, money supply, debt, and prices will increase until there is a systemic reset or crash. What will endure throughout the inevitable inflation, deflation, and crash? Gold and silver will endure. Paper assets are only as good as the collateral backing them, and many of those assets could vaporize in a systemic reset. Physical gold and silver will survive and maintain their value, while the dollar and Treasury Debt may lose a good portion of their value and purchasing power.

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John Williams: Currency Markets Will Stop Politicians Kicking The Can

John Williams: Currency Markets Will Stop Politicians Kicking The Can

Things could get so bad that gold would go to 100,000 an ounce. That is what would happen in a hyperinflation. The rise in the price of gold is reflecting the loss of purchasing power in the value of a currency (say the dollar). If gold would go up from 1,000 to 100,000 dollar an ounce, it would mean that one dollar would become worht a penny as a currency.

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The Relationship Between Financial Assets, Time And Gold

| September 23, 2013 | Category: Investing
The Relationship Between Financial Assets, Time And Gold

On a daily basis financial assets and commodities are measurable with the same yardstick which is say US dollars. This measurability in dollars in both cases is misleading and obscures the fact that they are indeed totally different. Their relationship to time is what sets them apart. The idea of duration and the difference between a present good and a financial asset are the most important concepts to understand for people wondering what Gold allocations are all about.

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Marc Faber: Money Trading by Central Banks Is The Issue While Gold Is Safe

Marc Faber: Money Trading by Central Banks Is The Issue While Gold Is Safe

I think the money trading by central banks is the problem and the expected debt growth, credit growth by governments and also on the household sector level and the unfunded liability. So, essentially, one of the solutions to the problem. When you look at gold, well, gold is very safe. It often has a high return in the long run, per se based provided and this is the proviso, the governments don’t take it away.

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