In Today: War on Cash. Tomorrow: War on Gold? he discusses the scenario that foresees central banks ban or punitively tax cash deposits. A number of commentators believe this would be positive for gold, arguing people will buy the precious metal instead of….
Last week, gold prices gained an impressive $37 an ounce of 3.1%. And, on Monday prices hit a three month high and were trading just above the $1225 an ounce level. Gold prices hit their highest level since mid-February as the dollar’s decline….
Original Article When you have a fortune at your disposal (like Li Ka-Shing or Bill Gates) buying up physical commodities is completely unrealistic. They might be able to buy a few pallets of gold, but then what? With the next commodity boom, the….
“Am I diversified?” It’s a question every investor should ask. It’s a question that CNBC’s bombastic stock guru Jim Cramer encourages his followers to pose. Unfortunately, Cramer’s answers are one-dimensional – he looks at diversification only in terms of stock holdings. Having a….
As I’ve mention previously JPMorgan is still stopping (taking) silver deliveries in its own house account. In the May COMEX futures contract, they’ve taken over three million ounces so far. It still looks like JPM will take another million ounces or so before….
I recently published an article projecting possible prices for gold in the year 2020 based on the S&P 500 Index and the ever increasing population adjusted US national debt. I assumed three scenarios and three different gold projections. Time will tell regarding gold….