Mike Norman keeps using that same argument that gold is a bad investment. Its not an investment its a hedge against inflation, a way to protect your weath when the central banks are being irresponsable. You cant just buy it at anytime. Peter has never said you can just buy whenever and hold it forever.
Mike Norman doesnt even know the first thing about economics, we are in a recession and we need to let it happen, its part of the system when you have a fiat currency. Trying to postpone it will make it worse.
Global Precious Metals Correction: Healthy and Overdue [View article]
I don't care about India's demand or South Africa's power woes, the dollar is in big trouble and that's enough to keep in bullion and mining shares for the long term in this bull market. Treat it as a chance to buy.
Economic Outlook Continues to Support Precious Metal Investing [View article]
Good article but there's no such thing as commodity inflation, there is only inflation which by definition is expansion of the money supply, it shows up in commodities. Measure the price of oil in gold and you'll see its all inflation.
IMF Gold Sales Prove Economists Aren't Great Money Managers [View article]
Gold is preforming well because of inflation (money creation) its not going to slow down untill central banks stop printing, that would be logical but counting on banks and economists to be logical is not logical.
Metals, agriculture, oil, gas, these are REAL things, and things that people need. People dont want to put their money in financials or cash when there is no backing, fiat and speculative stocks are out, commodities are the future.
Thoughts About the Current Bear Market Among Junior Miners [View article]
Currency, Precious Metal and Futures ETFs: Don't Get Caught in the Tax Trap [View article]
Interview with Peter Schiff [View article]
Mike Norman doesnt even know the first thing about economics, we are in a recession and we need to let it happen, its part of the system when you have a fiat currency. Trying to postpone it will make it worse.
Global Precious Metals Correction: Healthy and Overdue [View article]
Performance Review: Gold vs. Gold Stocks [View article]
Economic Outlook Continues to Support Precious Metal Investing [View article]
IMF Gold Sales Prove Economists Aren't Great Money Managers [View article]
Metals, Agriculture Extremely Overbought [View article]