Precious Metals: Emotions Still Stronger Than Fundamentals [View article]
Fundamentals have not changed: 1. Gold mining supply is still lower than global demand, has been for over a decade 2. The credit crisis isn't getting better, on the contrary its getting worse 3. The US has no choice but to continue to debase the currency, all other nations will, and already are, following suit 4. The average mom and pop citizen hasn't caught on yet, don't believe me? Go ask 100 random people if they invest in gold, the response will shock you. 5. Gold has always been, and will always be the foundation of the global financial system. Bundesbank just admitted it, something you don't see a bank do very often.
Precious Metals: Emotions Still Stronger Than Fundamentals [View article]
1. Gold mining supply is still lower than global demand, has been for over a decade
2. The credit crisis isn't getting better, on the contrary its getting worse
3. The US has no choice but to continue to debase the currency, all other nations will, and already are, following suit
4. The average mom and pop citizen hasn't caught on yet, don't believe me? Go ask 100 random people if they invest in gold, the response will shock you.
5. Gold has always been, and will always be the foundation of the global financial system. Bundesbank just admitted it, something you don't see a bank do very often.
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The Disconnect Between Supply and Demand in Gold & Silver Markets [View article]
I think the key point of interest though, is that the US Mint hasn't done anything like this in something like 20 years.
That in itself should tell you something about this market.
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The Disconnect Between Supply and Demand in Gold & Silver Markets [View article]
1. Those who watch other climbs Mount Everest and have an opinion
2. Those who are actually climbing Mount Everest
If one hasnt tried to buy physical gold at the retail level lately, perhaps more research is in order.
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