Posts On Gold

June 4, 2015 |

The Reality of Central Bank Gold Ownership

gold_reality

Gold has been called a lot of things over the years. While some investors have lauded gold as a safe haven asset that can preserve wealth and purchasing power, others have referred to it as a “barbarous relic” and silly investment. It is our belief that those who understand the monetary system understand and appreciate the value of gold and precious metals, while those that do not are the ones that choose to bad-mouth such investments. We mock what we don’t understand… For those who... Continue Reading

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November 14, 2014 |

Even Gold Mining Companies Have Problems

gold nugget

So you’ve got a hole in the ground and you’re mining a precious metal and selling it on the open market. What could possibly go wrong? Plenty, actually. The gold mining industry as a whole is nearing a point where they’ll need to reduce output or even shut down some of their operations completely. With the price of gold reaching a four-year low, mines are being forced to slash costs and rethink their strategies. Gold prices have lost ground to the U.S. dollar which has... Continue Reading

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October 30, 2014 |

Former Fed Chairman Alan Greenspan on Gold

Alan Greenspan; economy

Where will gold be in five years? “HIGHER.” How much Higher? “MEASURABLY!” Former Fed Chairman Alan Greenspan spoke Wednesday to the Council on Foreign Relations. He said QE ultimately fell short of its goals referring to the end of the bond-buying program, which aimed to lower unemployment and spur stronger economic growth. Mr. Greenspan’s comments to the Council came as Fed officials were meeting in Washington, D.C., and expected to announce within hours the end of bond purchases. Mr. Greenspan said the bond-buying program was... Continue Reading

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October 24, 2014 |

Fall Markets Get Spooked, Gold Investors Sleep Easy

Gold on the rise Crop

It appears that Halloween is not the only thing spooking investors during the month of October. Global fear, a weak European Economy and low interest rates have sent markets on a roller coaster ride. For those who invest in physical gold, the ride has been much smoother. A Volatility buffet. Gold has performed as advertised for investors while markets have spiked and plummeted. During times of uncertainty and volatility, gold serves as a safe haven for investors and the last two weeks have certainly been... Continue Reading

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September 26, 2014 |

What does the recent gold mining unrest mean for gold investors?

Gold Mining Unrest - Advantage Gold

Last Wednesday, AngloGold Ashanti (JSE:ANG) (NYSE:AU) became the latest of  major gold mining companies to announce a major restructuring. Their shares dropped 16% in the wake of the announcing the need to raise $2.1 billion in a rights issue to spin its international assets into a new London-listed company. This move follows mining giant BHP Billiton’s (ASX:BHP) recent decision to split some of its less profitable assets into a new Australian-listed company. Fellow gold miner Gold Fields (NYSE, JSE:GFI) also split its South African assets... Continue Reading

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