By John Rubino for Dollar Collapse
Europe’s leaders — that is to say German Chancellor Angela Merkel and the bureaucrats running the various eurozone agencies from Brussels — have looked into the abyss and don’t like what they see. Specifically, a default and departure by even a relatively insignificant country like Greece might start a contagion that cripples or destroys the whole eurozone.
So despite the posturing now going on about a Greek exit Read More »
King World News again had some very interesting comments on its site from an interview with acclaimed money manager, Caesar Bryan from Gabelli & Co., regarding his current thinking on gold itself and the mining shares.
He comments that “The fundamental story for gold has not changed, and if it has, it has changed for the better. There is simply too much debt, both here and in Europe. In this environment Read More »
By Frank Holmes, CEO and Chief Investment Officer, U.S. Global Investors
There was a strong reaction on Tuesday to the elevated debt crisis in Europe, with commodities and equities being indiscriminately sold. Gold fell 3 percent this week, losing its safe haven status as the dollar grew stronger and the 10-year government note headed lower.
The markets generally overreact to negative news, however, investors should keep in mind gold’s normal monthly historical volatility. Read More »
By Jeffrey Tucker
When the Financial Times started its series on “Capitalism in Crisis,” I winced. Here we go yet again, an attempt to blame private enterprise for what are actually the failures of the state and paper money. And some writers — but not all — in the series have done exactly this, while obscuring the differences between free and unfree markets by referring only to the way “the system” has failed.
And Read More »
In recent weeks, while the eurozone has suffered escalating levels of systemic stress in government bond markets and its banking system, the gold price has fallen under $1,600. One would have thought that – but for the occasional fat-finger trade – gold would rise in all this instability, not fall. Putting aside short-term considerations, the simple reason has to be that the investment establishment, which has bought into the bond Read More »
I thought you would find the following recent comments by famed investor and commodities trader, Jim Rogers, most interesting, as they are from a commentary written by Dominique de Kevelioc de Bailleul for ETF Daily News. In his comments, Jim Rogers provides us with not only his near-term outlook, but also his basic investment thoughts for the rest of the decade.
Dominique writes:
Wall Street’s old guard of economists tell Read More »
EDITOR’S COMMENT: First, I would like to admit that I love the cartoon image above, as I find it both very accurate and highly appropriate! Second, Doug Casey’s comments here, as usual, are very informative and helpful. But, I would like you to pay particular attention to is the part of his commentary, where he discusses how “the schooling of children has been delegated to functionaries of the state”, as well as Read More »
By Peter Schiff, CEO of Euro Pacific Precious Metals
Gold has been holding steady in the the $1,600-$1,800 band since early October. This could be attributed to consolidation after last summer’s historic run up to $1,895, but I think this wait-and-see attitude reflects current market sentiment toward the US dollar.
This is rooted in deflated expectations of a third round of Quantitative Easing (QE3) after the most recent Fed Open Market Committee (FOMC) Read More »
By Jeff Clark, Casey Research
Do you own enough gold and silver for what lies ahead?
If 10% of your total investable assets (i.e., excluding equity in your primary residence) aren’t held in various forms of gold and silver, we at Casey Research think your portfolio is at risk.
After speaking at the Cambridge House conference last month and talking with many attendees, I came away convinced that most investors fall into one Read More »
EDITOR’S COMMENT: As you know, a number of economists are still uncertain as to whether we are likely to have a round of deflation or inflation in the near future. I still believe strongly that we will continue to experience much higher than desirable levels of inflation of the next several years, maybe even a bout of hyperinflation, not forgetting the fact that we are already experiencing a very high level of inflation with Read More »
