Engineer

Independence Day: Decoupling Gold and Silver from the Dollar

Some people miss the point of the whole article:

When real estate is down, stock markets are down, commodities are down, bonds are down, and savings are paying a negative real rate of return, what can the average person turn to preserve their wealth?

Like the author says, I think you know the answer to this question.

Gold Speculators Rushing In?

If you want a truer view of things, try this graph with a y-axis log scale and you will see that compared with the 1970s, today's "parabolic" rise is just getting started.

The Gold-Oil Ratio Approaches All-time Lows

I would argue that gold would have to rise in this current environment. I disagree with those who argue that gold has no value. Physical gold has value as a STORE of energy in that 1) it takes a discrete amount of energy to extract and refine (which is becoming more expensive incidentally), 2) it resists corrosion, 3) it is easily divisible, 4) it is recognizable worldwide and is to some extent incorruptible and 5) it is beautiful. I challenge you to find me another store of energy accessible to everyone on the planet that has these unique qualities (aside from other PMs).

Not all Metals are Created Equal (Part I)

I agree with geo and ozzy. Also note the 'y-axis' in all the graphs above. These graphs show value relative to the $US. What has the $US done over the same time period???? A large part of the so-called 'bubble' in commodities has been illusionary - it is merely that the unit of value they are measured in has become diluted.