800.528.1380
Blog
With gold and silver having suffered their biggest declines in their 12-year bull market, Bloomberg TV invited Ron Paul to comment. Watching the video, one can easily see that the interviewers thought that they could hammer Ron, a long-time and vocal advocate of gold, because of the price drops. They were wrong. The video is
Neil Irwin over at the Washington Post recently set about reminding the unwashed masses that, only the dollar is money, in his piece “Bitcoin is ludicrous, but it tells us something important about the nature of money.” He starts us out with his “givens”. “We can all agree that the dollar bills in my wallet
Sunday night, sellers continued to smash the metals, driving gold to a low of $1422 and silver $24 on the Globex, an Internet platform for metals trading. Although numerous major banks and investment houses issued bearish reports on gold over the last few weeks, this decline is not warranted. This smash is not the result
As gold was being driven below $1500 earlier today, I received an email about an article titled “Gold’s irreversible trends driving it to $10,000.” The bullishness is based on the world’s central banks continuing to create money at rates never before seen, with some Establishment darlings (Paul Krugman, for example) calling for still more money
Significant in Shinzo Abe being elected Japan’s Prime Minister in December was his promise of a more liberalized monetary policy by the Bank of Japan in an effort to revive Japan’s stagnant economy. Last week, Haruhiko Kuroda, Abe’s appointee as the BoJ’s Governor, delivered in spades with a promise to double the yen in circulation
