A Warning for U.S. Dollar Bears and Commodity Bulls [View article]
My two cents: When the price of a single commodity goes up, it is probably due to supply/demand issues or speculation. When the price of almost all commodities go up simultaneously, it is more likely due to excessive monetary creation.
Yes, gold might correct, but there are fundamental questions that one can ask that would lead a person to buy gold and other commodites right now (for example; what if the federal reserve needs to monetize the debt or what if they are already monetizing the debt?). Until those questions go away, I suspect that people will go on accumulating gold.
Buy Gold on Emotion, Not Fundamentals! [View article]
Emotion drives the fundamentals??? No Richard, an incompetent Federal reserve drives the fundamentals by pumping up the money supply faster than the economy can absorb it. I hate owning gold (boring, no return, no story, no nothing), but I do because I think that the US dollar is being undermined by a bunch of retards who have somehow taken over the Federal Reserve and Congress.
Is it Finally Time to Sell Gold and Related Mining Stocks? [View article]
www.kitco.com/lease.ch...
Is it Finally Time to Sell Gold and Related Mining Stocks? [View article]
A Warning for U.S. Dollar Bears and Commodity Bulls [View article]
Yes, gold might correct, but there are fundamental questions that one can ask that would lead a person to buy gold and other commodites right now (for example; what if the federal reserve needs to monetize the debt or what if they are already monetizing the debt?). Until those questions go away, I suspect that people will go on accumulating gold.
Buy Gold on Emotion, Not Fundamentals! [View article]