Tag: dollar

Monetary Insurance: Protect With Physical Silver Against The Financial Winter

Monetary Insurance: Protect With Physical Silver Against The Financial Winter

Charles Savoie wrote a very useful document for our readers. It is entitled “The Best Monetary Insurance”, counts 38 pages, and is a mix of practical tips embedded in an historical context. The key message of Mr. Savoie is to hold enough silver in physical form, ideally a mix of formats, but for sure silver dimes. In this article, we highlight the most actionable tips and tactics.

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Power Of Elites Influences Gold And Silver Price More Than China’s Gold

| April 6, 2014 | Category: Price
Power Of Elites Influences Gold And Silver Price More Than China’s Gold

Consequently, do not expect China to be a catalyst for establishing a gold-backed currency. It serves China best to allow the West to maintain its duplicitous control over gold and silver. With no country in a hurry to have a gold-backed currency, one of the biggest factors for seeing the price of gold sky-rocket is off the table. This factor is far more significant than all the demand statistics paraded each week by PM writers.

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Gold And Silver Are Money

Gold And Silver Are Money

For every valid reason that so many others are advocating the purchase of physical gold and silver, demand, shortages, Chinese buying, exchange disappearing physical, etc, etc, we echo those sentiments and suggest/advise to keep on buying, but hold it personally. However, for more salient reasons, such as discussed in our last several commentaries, as well as this one, there are far more important reasons to buy and hold gold and silver: They are money.

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US Fed Continues Tapering, Gold Down on Dollar Rally

| March 19, 2014 | Category: Price
US Fed Continues Tapering, Gold Down on Dollar Rally

The rally in the Dollar, along with higher interest rates resulted in a barrage of selling in gold as bulls rushed for the exits. The result was a clean break of the first level of chart support noted on the chart. The selling did not abate until gold reached the secondary support level noted. This level had better hold or gold is going to fall back closer to $1300.

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Watch Fed’s Fiat “Dollar” More Closely For Clues About Gold and Silver Prices

| March 15, 2014 | Category: Price
Watch Fed’s Fiat “Dollar” More Closely For Clues About Gold and Silver Prices

Those who own physical gold and silver are doing the right thing and positioning themselves to at least have more choices as the corrupt federal government continues along its path of financial destruction. Just keep buying, when and as one can, and never let go of them from a lack of confidence. A key to watch more closely is the fiat “dollar.” It seems to be weakening, and that is the unyielding intent from China, Russia, parts of the Middle East, remaining BRICS nations, and eventually even turncoat partners like Great Britain and Germany.

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Dollar Weakness Is Providing Strong Support In Gold Market

| March 13, 2014 | Category: Price
Dollar Weakness Is Providing Strong Support In Gold Market

In his latest analysis of the markets, professional trader Dan Norcini describes his observations related to the dollar and gold. The most striking observation in today’s market was the weakening of the US Dollar, not being able to gather safe haven buying in the midst of a deteriorating crisis in Ukraine. That is in sharp contrast to the traditional safe haven currency during times of financial or geopolitical crises, as evidenced in the last years. The winner? Gold!

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Jim Rickards: Our Monetary System Is Instable and It Will Collapse

Jim Rickards: Our Monetary System Is Instable and It Will Collapse

What matters is the instability of the system. What you need to study is the instability of the system. If you get that right, you will be able to see the collapse coming. The trigger is really irrelevant. A trigger could be the failure of a firm, the failure of an exchange, some kind of panic, a natural disaster, suicide of a prominent person. It really doesn’t matter what it is; what matters is your system is instable and it is going to collapse.

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China Must Be Very Concerned About The US Dollar

China Must Be Very Concerned About The US Dollar

China is buying gold to hedge against the dollar’s loss of value, they are not necessarily buying gold to introduce a new gold standard and impose it as a world reserve currency. From that perspective, the Chinese must be very concerned about the dollar.

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Silver Does Not Have Much Resistance Between $21 and $26

| February 20, 2014 | Category: Investing
Silver Does Not Have Much Resistance Between $21 and $26

In this week’s online radio appearances, David Morgan explains his latest take on precious metals in 2014 and the very short term silver price. He touches on more fundamental questions like the dollar world reserve currency and the financial system. We highlighted several quotes in this article.

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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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Signs of A Cracking Dollar Hegemony

Signs of A Cracking Dollar Hegemony

The most important evolution in the last months and weeks is the increased effort from China to back away from the dollar. They are doing so in two different ways. First, the yuan is being used as the currency of trade in an increasing number of trading agreements. Second, the tensions between the US and Saudi Arabia are increasing. The latter is important as it is the cornerstone of the petrodollar system.

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Expect A Paper Currency Collapse

Expect A Paper Currency Collapse

here is a difference between money and money substitutes. We use these fiat currencies today, those are currencies backed by nothing except government promises, as a money substitute. They are all based on credit. The problem with fiat currencies today is that payment risk is growing and growing because of fiscal policies by governments (which are creating too much debt) and the monetary policies from central banks around the world (who are turning this debt into currency).

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Gold And Silver – Sharply Higher Prices? Be Careful What You Wish For.

| December 28, 2013 | Category: Price
Gold And Silver – Sharply Higher Prices? Be Careful What You Wish For.

Be careful what you wish for. Things that change, apart from increased PM prices, may be far different from what you may think or have not thought through. One of the strong possibilities will be more war; if not a major one, then smaller civil wars disrupting life in the Western world as we know it.

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100 Years Of Monetary Socialism Is Enough!

100 Years Of Monetary Socialism Is Enough!

Most of the readers are familiar with the dire consequences of having a central bank, therefore I will also not repeat the obvious and tell you how much the purchasing power of the Dollar has decreased nor talk about how our current monetary system leads to artificial booms and busts or fosters malinvestment. What I will be talking about is why I believe that, regardless of the above mentioned, the existence of a central bank is wrong and why it not only resembles but is pure socialism.

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