Gold-backed ETFs increase gold holdings
Not only have central banks added to their gold holdings, so have gold-backed ETFs.
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- Gold
- Silver
- Silver
- Stock Market
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Category: Silver
Reasons for owning gold and silver
There are lots of reasons for owning gold and silver. The rising federal debt alone and a government that has abandoned fiscal responsibility could cause interest on the national debt to top $1 trillion in ten years.
Buying the right form of gold and silver
For the 45 years that I’ve been a gold/silver dealer, I’ve never recommended numismatic or collectible coins. And, I’ve been proven right.
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- Gold
- Gold Coins
- Silver
- Silver
Gold on the march
Record-breaking central bank and ETF buying boosted 2019’s first half demand to a three-year high, according to the World Gold Council. Also contributing to demand was a more positive environment for Indian consumers, which have always been big jewelry buyers.
World economy slowing
By many measures, the world’s economy is slowing, and some CBs — namely New Zealand, India, Malaysia, and the Philippines — have already lowered rates. Australia lowered June 4, the largest developed country to cut rates this year. In May, China lowered reserve requirements for small- and medium-sized banks, which pushed interest rates there to
More recommendations to buy gold
After having said on TV that gold is “his favorite investment” over the next 12–24 months, Paul Tudor Jones bought $82 million in gold shares, as reported by Bloomberg. Earlier in June, Jeffrey Gundlach, known as the “Bond King,” said, “I am certainly long gold.” Gundlach sees a recession on the horizon, and he expects
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- Debt
- Gold
- Monetary Crisis
- Silver
Silver is cheap, dirt cheap
In this clip, billionaire investor Paul Tudor Jones talks about gold being the investment for the next 12 to 24 months. In fact, he states that gold “has everything going for it.” A few days later, Bloomberg reported that Tudor pulled the trigger on an $82 million purchase of gold-related shares.
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- Economic Crisis
- Gold
- Silver
- Silver
Student debt crisis
The U.S. student load system is broken. Borrowers currently owe more than $1.5 trillion, an average of $34,000 per borrower. Over two million of them have defaulted on their loans in just the past six years, and the number grows by 1,400 a day. The federal government now acknowledges that taxpayers stand to lose $31.5
Kilo silver bars now available
With the gold/silver price ratio at 88.5, silver holds more upside potential than gold. If the ratio were only 60, where it has been many times, the price of silver would be $21. One of the best ways to own silver bullion is bar form. 100-oz. silver bars are the most popular of all the
To print or not to print
Currently there is much speculation about whether the Fed will continue quantitative tightening or return to quantitative easing. In 2018, newly appointed Fed Chair Jay Powell indicated that 2019 would see four rate hikes. However, he has since backed off on that forecast.