The ‘extend and pretend’ charade Greece and the Eurozone have been playing can only go on for so long.
Traders Bet Fed Will Take Its Time on Interest Rates
US authorities open investigations into banks including HSBC and Barclays over rigging of Gold and Silver prices
Gold’s competition for the last few months and years hasn’t been the U.S. Dollar, it’s been the U.S. stock market and other assets. With sharp Stock dips, the Gold price comes to life.
The currency war I’ve been warning you about is heating up. Gold remains the only safe haven for the world’s investors. Things are getting even crazier, if you can imagine that.
Accumulate gold and silver while they are out of favor with the masses and prices have begun rising again.
In many ways it feels a lot like 2008 all over again just before the Stock Market crashed and investors saw 40% of their life savings wiped out.
Investors holding Gold made more gains in three weeks than they made in a Bank CD in the past 8 years!
Gold price sharply rises on Switzerland’s negative interest rates and concern about market stability worldwide.
Do we really need to say anything more than Gold up more than 8% in two weeks trading.
2015 year to date, gold price is up 5.5 per cent in dollar terms, 11.6 per cent in euro terms and almost 8 per cent in sterling terms.
There is so much negativity about Gold at this moment that surely the Gold price bottommed in 2014.
In the case of hyperinflation or currency collapse, I needed a type of portfolio insurance that has stood the test of time. Hence, I decided to add an allocation to gold and silver.
We hope to clarify the issue of confiscation of Gold by understanding history. If Gold Confiscation is a concern we can show you how to avoid the issue.
The price of gold typically moves inversely to other asset classes, thus giving balance and protection in an uncertain economic world.
Excellent white paper documents 1973 to 2013, the optimal allocation for Gold was 20% which produced higher risk-adjusted returns than any other portfolio. This is a must-read report.
“Whether it is this year or next year, I don’t think we will ever see the gold production reach these levels again”
This article is so timeless, that we share it with everyone who’s thinking about why they should own Gold.
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