As a traditionlist a strong belief that honest money is an essential component in the foundation of freedom, prosperity and the pursuit of happiness. Fraudulent manipulation of currency or other financial instruments should be a crime, punishable by courts, rather than "regulated" by the very powers that profit from doing so. The paper casino of the last decades has rotted out the foundation of savings and, even more harmful, diverted talent from the creation of real products and technology that could have begun to lift the world from poverty, leaving that rewarding task to China, now enjoying the benefits of their success. Investments for the last ten years have been in commodities, mainly gold, silver and oil plus some real estate. Thanks to todays financial artists (and some regulatory control) this direction has become an almost sure, steady winner as more and more have discovered the benefits of investing in fundamental value rather than gambling at a zero-sum paper casino.
Stephan Bogner is mining analyst at Rockstone Research, he has independently analyzed capital markets and resource stocks for more than 11 years. He is also CEO at Elementum International AG of Switzerland trading precious metals and storing them in a high-security vaulting facility within the St. Gotthard Mountain Massif in Central Switzerland which is a duty-free zone. Bogner earned his degree in economics in 2004 at the International School of Management in Dortmund, Germany. He spent five years in Dubai brokering and reselling physical commodities and now resides in Zurich, Switzerland.
Diplom-Kaufmann Stephan Bogner began his academic studies in economics at the International School of Management in Dortmund (Germany) and was one of many who was hooked by the thrilling lectures of Professor Bocker on economic and monetary systems. Yet he was (and still is) the only student of the university that wrote a diploma thesis on precious metals as a protection against inflation (“Gold in a macroeconomic context with special consideration of the price formation process”) that was completed in 2002 under the supervision of Professor Bocker. Mr Bogner specialised in Finance & Asset Management, Production & Logistics and International Law & Entrepreneurship. He also studied at the European Business School in London (UK) and the University of Queensland in Brisbane (Australia).
In 2003, he started working closely with Ferdinand Lips, among others to publish and market his latest bestseller (“Gold Wars – The Battle Against Sound Money As Seen From A Swiss Perspective“) in the German-speaking countries. He revised and translated the English version into German (“Die Gold Verschwörung”). In 2004, he went to work at the biggest gold market in the world (Dubai), where he started up two companies that were specialised in re-selling and brokering physical commodities and consulting with publicly-listed mining companies. Moreover, he was co-founder and, until late 2006, partner of the first German silver stockletter and online information platform (Silberinfo.com) besides dealing with coins and bars.
Mr Bogner is an active analyst for several research firms, institutional and private investors and family offices, mainly for the analysis and valuation of capital markets and publicly-listed companies with a focus on geology, exploration, development and production of resource deposits. Since years, he lives in Zurich (Switzerland) and regularly publishes articles in German and English about economic contexts, currencies, commodities and companies active in exploration and mining of natural resources worldwide.
Old Geezer that listened to parents that lived through the Great Depression. Am a USAF veteran and proud grandpa of twelve grandkids. I am trying to learn enough to be a good investor and have met many great and tolerant (I ask a lot of questions) people here on SA.
I'm a well seasoned investor with 30 years of hard time in the markets. I'm a firm believer that "being poor is a state of mind and being broke is a temporary situation". In my spare time I help teach young investors to properly prepare for their futures and build wealth by being disciplined, diversified and regular with their investments. I enjoy my share of speculation for the adrenalin and excitement, but I am more of a value investor for the long haul.
(The picture: I taught my cats to read. Now they fight over all my good books)
Moon Kil Woong is currently a VP at a SME. Previously he was a tech stock consultant, VP of Research at ING, and sell side Director at Crédit Agricole Indosuez. Moon Kil Woong has a Masters in Public Administration from SJSU.
Small tool and die shop owner
Conservative / cautious outlook
Have aversion to any type of debt
Looking to solidify my portfolio in preparation for D-day / next crisis
Area of interest : PM, nat gas, oil and some manufacturing
Design Engineer - Mechanical Degree - Patents - Own small Corporation.
I invest with a contrarian eye - watch the sheep and go the other direction.
Psychology is more important to investing than equations as evidenced in the Kondratiev cycles.
Conservative leaning, Hard money follower. Long term fundamentals.
THE CHINA delivers the latest China news and information on China Economy, China Stock Market, China Industries, China Real Estate, China Facts,
A Grandfather who only wish is to give his children and grandchildren the same chance as he once had. And to Protect my wealth by holding PHYSICAL Gold & Silver and every REAL commodity. You can keep those electronic digits and green paper.
The Chinese already got rid of their US dollars and US bonds by getting loans and credit lines from American and European banks collateralized against US bonds (thus US dollars). That's how the Chinese HID the fact that they already spent the dollars they have so as not to crash the dollar's exchange value before they got rid of them all.
The Chinese are buying natural resources and profitable Companies throughout the world. They will announce the effective extinction of their dollar reserves once they're done shopping with the last of their (borrowed) US dollars and crash the US dollar(s that they own outright) in the process while revaluing the Chinese Yuan 200-300% in one fell swoop and thus greatly enhance their purchasing power instantaneously.
(The US bonds that the Chinese now hold on paper are mere instruments of financial mass destruction to be used at the most opportune moment. Do you really think that the Chinese are that STUPID and did nothing to protect themselves when we are screaming in their faces 'til we ourselves are blue in the face that we are going to INFLATE the dollar into oblivion and repay our debt to the Chinese with electronic digits that are worth NOTHING?)
On that day (which will be in early 2012 but possibly before that), your wealth will disappear if it was still denominated in US dollars.
Why do you think the Fed lowered US interest rates to practically ZERO? On the face of it, such interest rate policies are counterproductive for (1) they scream market manipulation and economic irresponsibility and (2) they reek of irrationality, for any viable business can generate 5-20% return on capital and thus is perfectly capable of absorbing 2-3% interest rates as the cost of doing business. The REAL reason for the Fed's zero interest rate policy is the Chinese. The Chinese DEMANDED and obtained zero interest rates, for they are not interested in holding depreciating US bonds which only represent the "faith and credit" of a bankrupt people who reneged on their own contractual and legal obligations -- including the US Constitution. The Chinese acquiesce to playing the monetary musical chairs game as long as America (the Fed) gives them dollar credits that they can freely spend, collateralized against the US Bonds that the Chinese own. This way, everyone gets to have their cake and eat it too -- for a little while longer at least. The Chinese get to spend their dollar-denominated reserves without crashing the dollar's value and the Americans can pretend that foreign investors are willing to invest in US debt because the dollar is as good as gold...
The US dollar is a PLAGUE and pure FRAUD.
FRAUD=NOT a good investment.
Leave the sinking ship behind! Save yourselves from USA Titanic by jumping into the economic lifeboat known as GOLD (and SILVER)!
What a disingenuous article.
Gold is a flat line between 1900-1972 because the currency was, by law, fixed to it.
So lets use your math and go back and recalibrate our answer.
Gold rose from $35 to ..hmm.. current prices.. we'll call it $1350 to close the year out in 38 years. Or an increase of 3857% ... Meanwhile the DJIA was 900 in 1972 ... and is about 11500 now. Or an increase of 1277%
My simple math tells me that the Dow hasn't kept pace with the price of gold over the entire course of US history where we've had a fiat currency.
I'm sorry.. you were saying something? You're either wholly disingenuous, in which case this article is malicious. Or you're a moron, in which case please. PLEASE keep selling gold. We need you on the other side of this trade."
I am a private investor. I have a good IQ and a generally reliable ability to reject nonsense and value intelligence. When I started investing in 2009 I needed to understand the markets better and became an avid reader of the more interesting financial blogs. I read maybe five hours a day now, every day. I'm looking for the well informed logical trend.
My portfolio reflects my understanding of where the markets are going. Here are my main conclusions:
1.) Fiat banking is headed for a deserved big demise - get out of the dollar and assets tied to the dollar, that means moving into commodities.
2.) There is no Gold bubble, there is only a Fiat currency bubble based on the Fed's Ponzi schemes, the latest being called Quantitative Easing.
3.) In 2011 there will be a rush to quality - a huge move into precious metals and mining stocks, so be wise and get into Gold and Silver now.
4.) Avoid the ETF's GLD and SLV. as they have third party risk.
I am long on Gold and Silver and Precious Metal mining stocks, especially Silver Wheaton (SLW), which I think will fly these next few years.
Former long-time business editor of major US women's magazine and contributing editor at dozens of different "trade" and consumer publications. Author of over 3,000 print magazine articles in past 30 years.
Penn Ph.D., centrist Republican.
Please visit my blogsites:
Baby Boomers-The Angriest Generation http://angriestgeneration.wordpress.com
The Rest of U.S. (for and about political Centrists) http://newcentristera.wordpress.com
and my brand-new blog about Markets:
Capital Punishment-Markets Through the Looking Glass http://marketslookingglass.wordpress.com