As there is no significant yield elsewhere, equities and US dollar could have a long way to go before they correct. Hence, gold and silver could see a long way down, before they reverse. Gold and silver investors should think about the reasons why they are holding the metal. If it is for monetary protection, then they should be able to ignore short to mid-term price action, even if the price will go lower. There are too many contradictory signals out there right now. Participants in the ongoing uptrend should be careful.
Buy, sell, hold, or pass altogether? This is the dilemma we face as investors, particularly if we subscribe to one or more investment newsletters. If a company was recommended in a previous issue, are we too late? Did the price escalate rapidly, or is it still a good choice? I subscribe to many newsletters myself, so it’s an issue I deal with often.
The Cypriot case is all over the place, in all types of media. However, it is amazing how the following simple facts remain underexposed. For those who are willing to see, here is what Cyprus is teaching the whole world about money, the debt crisis and gold.
Frank Giustra is a very successful entrepreneur and investor. He succeeded in various role, from the gold mining sector to the fim industry. Very recently, he spoke at the World Outlook Financial Conference where he talked about a couple of big themes: his economic and monetary outlook, everyone’s hidden agenda, disinformation and inflation. The interview is extremely insightful, accurate and actual.
Money is the barometer of a society’s virtue. Money is so noble a medium that does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot. Money is near crunch time. Looking at the charts, gold and silver are also nearing crunch time. The author remains very bullish on both gold and silver.
How much gold is enough? How much should you allocate to dividend-paying stocks? How much should you hold in cash? How can you sort through the vast number of opportunities out there? Most readers understand that sitting on cash during times of inflation is a bad thing. At the same time, they are reluctant to invest in an uncertain market. So what is the way forward if you are concerned about preserving and growing your wealth?
The bond market is a bubble and is about to burst. That’s the conclusion of a new report published by the “mother of all banks”, the Swiss based Bank of International Settlements, as reported by ArabianMoney.net. Obviously, the burst of the bond bubble has potentially catastrophic effects, comparable to a 2008 crash, as it is “the largest liquidity pool on the planet.” We have reported numerous time in the recent past about the growing bubble in the bond market. In an earlier article, we wrote about the bond bubble that is ready to burst and the gold bubble ready to inflate, about the folly of the bond and paper market. The [...]
No matter what confidence game is being run, confidence is the necessary pre-requisite. This is why confidence indicators are so closely monitored by central bankers. If consumers and businesses lack confidence, they will not partake of the central banker’s credit; a necessary step in the indebting of otherwise willing victims. The credit trap is at the core of the bankers’ ponzi-scheme of credit and debt; and although today’s markets are awash with liquidity, bankers are increasingly loath to lend and customers are increasingly reluctant to borrow. Central bankers are well aware of the precarious health of their illicit franchise. Credit and debt-based economies must constantly expand to pay constantly compounding [...]
In exactly ten days, the Mayan calendar is ending a super cycle of 5125.36 years. The fuzz that was created about the end of the “world” was successful for the popular media. In reality, the world will still exist in 2013 but the point is that times could be changing. To answer the question what could be changing, the first step is to look back and try to see the key learnings of what we human beings have realized. Gary Christenson gives his view on the subject from a macro economic, monetary point of view. Yes indeed, this affects all of us and, more importantly, our future. The world will not end [...]
We often read or hear quotes like “paper money eventually fail” and “paper money always returns to its intrinsic value which is zero.” In this article, we provide evidence why these statements are true, backed by research in which 599 different forms of paper money have been analyzed. We explain in an easy to understand way what money fundamentally is, how monetary policies of governments are affecting everyone of us and how gold is first and foremost an alternative form of money (for each and every one of us, not only for an elite). Courtesy of Vince Cate for the incredibly valuable research and David Morgan who referred us to [...]
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 [...]
It is highly unlikely the Mayan predictions of the end of the world referred to the bankers’ world of credit and debt. Nonetheless, with only one month remaining until December 21, 2012—the end date of the Mayan 5,125 year Mesoamerican calendar—the concomitant end of the bankers’ 300 year ponzi-scheme of credit and debt should not be dismissed as mere coincidence. The world has entered a paradigm shift of immense proportions; and the collapse of the bankers’ economic world is a part of that shift. The bankers’ credit fueled a 300-year global expansion which transformed the world. The bankers’ credit, however, has now become debt which increasingly cannot be repaid. Economics [...]
The author explores in this article how the current financial system will soon turn into a train wreck. The long term bull market in paper based financial assets has ended but our politicians are undertaking truly heroic actions to keep this paper based money system going. Mathematically it’s impossible in the meanwhile to continue this way. So in either situation, there will be a painful resolution and whichever scenario plays out, there is only asset class that will offer protection: gold and silver. Begin with a few facts and assumptions and follow the logic: Gold has been a store of wealth for more than 3,000 years. Silver has been used [...]
De Toqueville’s amazing prediction in 1835 about the destinies of Russia and the Anglo-Americans was every bit the equal to those made by his illustrious French predecessor, Michel de Nostradame. “There are now two great nations in the world, which starting from different points, seem to be advancing toward the same goal: the Russians and the Anglo-Americans… Each seems called by some secret design of Providence one day to hold in its hands the destinies of half the world.” in “Democracy in America”, Alexis de Toqueville, 1835 In the 1830s, Russiawas a czarist empire and the UShad fought its war of independence from Englandonly 60 years before. The idea of [...]
This can be a good thing, if (and it’s a big “if”) the people do their homework and vote based on facts, not on rumor or innuendo - Shakespeare in Julius Caesar Many of our leaders, writers and philosophers have said similar things down the years and it would appear to be apt today. It’s time for us to admit that we vote for those who offer us the most regardless of how it will be paid for. As voters we are all for getting the economy sorted so long as it doesn’t involve our entitlements being diminished in any way at all. After all we have become accustomed to these benefits [...]
Michael MacDonald and Christopher Whitestone did a superb Q&A with GoldSilverWorlds. In their book “The Silver Bomb” (available on Amazon.com), they wrote about their views on the world and the markets. They have summarized it and enriched with recent facts and figures. The markets are completely bought and paid for, corrupt, and manipulated … “a farce”. We are in a corruption bubble, the largest corruption bubble the world has ever seen in modern history and perhaps in all history. This is the first time that the world has been united within instant communication, instant information, instant deposit or receipt of funds into any bank account or financial institution. Michael says: [...]