deuxsous

Consider Gold's Price Increase as a Currency Event

seeking alpha is declining in quality and usefulness as this article demonstrates vividly.

The Dollar Shall Inherit the Earth

Dave Wrixon has clearly made his point several times over: he doesn't see much to like about the US. He has had a lot of company for the past 200 years.

The Dollar Shall Inherit the Earth

Agreed. The US dollar is the world's reserve currency. The arguments against it are the same arguments as in the 1950's and 1970's. Foreign central banks want a strong dollar because they own it and want to preferentially export into the US with their own weaker currencies.

As an Investment, Gold's Just a Brick

"Despite its unique properties, gold has not been a good investment. Over the past 200 years, its returns have barely kept up with inflation."

Gold is insurance for one's cash currency, not an investment per se.The chart shows that cash from 1800 has become totally worthless while gold has retained its value.

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Gold Stocks Look Cheap - BMO

If you look at the ratio chart of GDX/$GOLD, the shape of the chart and the timing are the same as every other paper investment late last year and early this year. Paper gold in the form of gold stocks went way down in value compared to gold when all paper assets got sold off.

All paper assets are rallying since early March and GDX is a paper asset too. Paper assets have their time and place, but the metal is the real thing.

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Gold Analysts Not Expecting Inflation This Year

You don't buy gold to get rich. You buy gold to stay rich.

Rising Long-Term Interest Rates Go Hand in Hand with the Expanding Economy

rant rant rant.... Dr Leeb is correct...rising rates accompany inflation which is what the whole new government is working on creating by choice. But rising rates also accompany rising GDP for a long long time until they are "too high". Accept it and invest accordingly.

Jeremy Grantham: Collapse is Over, But Monumental Challenges Remain

He really puts the whole thing into perspective without glossing over or parading out wishes and hopes.

We've had a serious loss and it won't be cured quickly or easily. So accept it and get on with what's left.

Gold Stock Fundamentals

That's a very useful analysis. Due to preoccupation with other issues I never loaded up on gold and silver miners earlier this decade. I concentrated more on the polymetallics like RTP, BHP, AAUK and FCX and bought and held gold bullion.

Having missed the flat years and the crunch partly by luck alone, it's time to "dig into" the mines on any weakness.

Thanks for putting it into proper persepective.

TD

Everything You Need to Know About Junior Miners

Mark Twain said it best: "A gold mine is a hole in the ground with a liar (PR guy) on top."

That said, the royalty approach is a decent way to isolate risk/reward . Franco-Nevada and Royal Gold are good additions to a bullion portfolio. Keep in mind that a royalty owner is essentially a bank investing in possible payoffs and and hence is long a call on its portfolio. If one owns royalties in Barrick and Newmont projects, that's one thing. Juniors' royalty interests are a different animal. So don't go too deep with them without deeper thought and study.

A Strong U.S. Dollar Isn't in Anyone's Best Interest

Mr. Harless, your wonderfully witty article is greatly appreciated!

Thank you

Silver ETF: Good Option for Silver Investors

SLV is great for trading and portfolio positioning. It beats CEF for sure. (Check Alberta tax policy history for potential CEF problems. That's where CEF has its HQ.) No problem with SLV at all, but also buy some bags of US junk silver coins (pre-1966) and Eagles in case the whole US Gobblemint and the international interbank market goes down and you need something of value to exchange for food and services in your town or city.

Central Fund of Canada: Going for Gold

OG,

There are perfectly US-legal ways to buy designated stored gold bullion inside an IRA. I can't speak for 401k's. Any seach internet engine can tell you where to look.

Central Fund of Canada: Going for Gold

optionsgirl,

Good points all, including the Hunt screwing by Paul Volcker and COMEX! Did you notice Paul Volcker sitting quietly by Obama's side at one of his "mouth-offs" this week? I got the message.

And notice that NO ONE will ever comment on CEF premiums or possible Canadian government policies. CEF has a golden protectorate of posters, bloggers, and sellers. It's a family business too.

Do you buy a REIT to live in? I don't think so. My advice is if you want to own gold, buy actual gold, not CEF or GLD or IAF or SLV.

Central Fund of Canada: Going for Gold

Peter,

There are two somewhat connected questions I have about CEF that I never see anyone discuss:

1. Why should a fund containing only gold and silver bullion trade at such a high premium to the metals holdings?

2. Why is it assumed that some future Canadian government might not seize private gold in a real pinch?

As I say, these questions may be connected in that the otherwise surprising CEF premium may come from very firm belief that private gold and silver could never be seized by the sovereign state. And yet we know that governments in Canada can and have "changed the rules" on various investments over the decades. The 2007 changes in tax treatments for Canadian exchange-traded energy trusts come to mind as an example.

Anyone other than Peter is welcome to address these questions.

Thanks in advance.