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  • SNB Spikes Gold, Crushes Currency Traders - Will The ECB Do The Same? [View article]
    Thanks Ben. Great article as always.
    Jan 21, 2015. 02:11 PM | Likes Like |Link to Comment
  • The 'Real' Reason Gold Will See $5000 [View article]
    Great article and thank you for all of the help this year. I appreciate it and so do my customers.
    Nov 3, 2014. 12:16 PM | Likes Like |Link to Comment
  • Gold Is Against The Ropes [View article]
    @ user 101

    Do you not make a living user, and that is why you criticize him? Someone should flag you for your blatant abusive attitude. Personal attacks have absolutely no place here. Go home.
    Oct 6, 2014. 10:07 PM | 6 Likes Like |Link to Comment
  • Last Stand Approaching For Gold [View article]
    Sorry, corrections below. Too much multi-tasking. :)

    "Isn't gold a measure of value against currencies?"
    "So if given the choice of saving money for the future"
    Sep 15, 2014. 02:46 PM | Likes Like |Link to Comment
  • Last Stand Approaching For Gold [View article]
    It DOES matter what happens to gold's price in the short term for SOME people. For those who hold it long it DOESN'T matter what happens over the next 2 or even 5-10 years. If it goes back to $800 as a low, I suspect it will go back up, so comparing it to the $250 level in early 2000 shows how much the value of the dollar changed over the last 15 years. I imagine that trend will continue to change the course of history over the next 20-30 years. Isn't gold a measure of against currencies? The dollar and other government currencies have the backing of their respective government's "full faith and credit." What does gold have? A five thousand year history of civilizations around the globe that value it for various reasons. So if given the choice of a saving money for the future, and one chooses between dollars and gold for the next 30 years, isn't it a matter of belief in the currency we use? What was gold's price in 1984? Is it more or less in 2014? What else could my dollars purchase if they hadn't purchased gold that year? All the articles on here are for people who want to time the market, not for those planning to hold it for 30 years or more.
    Sep 15, 2014. 02:31 PM | Likes Like |Link to Comment
  • What Are The Controlling Arguments For Being Bullish On Gold? [View article]
    Good article, thanks.
    Apr 13, 2014. 10:13 PM | Likes Like |Link to Comment
  • Gold Contrary Indicators [View article]
    Great article, thanks.
    Apr 2, 2014. 08:40 PM | 1 Like Like |Link to Comment
  • Robert Cohen's 3 Drivers For The Gold Price In 2014 [View article]
    Great interview and great analysis by Robert Cohen of the current gold market. Thank you.
    Apr 2, 2014. 02:03 AM | 1 Like Like |Link to Comment
  • Peter Schiff Is Wrong On Gold... Again [View article]
    Thank you for clarifying.
    Mar 20, 2014. 10:26 AM | Likes Like |Link to Comment
  • Peter Schiff Is Wrong On Gold... Again [View article]
    True, and if gold moves to $770 based on the "no fear or no inflation" premise, it presents even more buying opportunities.

    Gold is not and never will be anything but money. It is a volatile alternative currency, and a store of value against depreciating/unpredict... governments and their currencies, plain and simple. The U.S. dollar is no exception, and people are in denial about it.
    Mar 20, 2014. 09:40 AM | 6 Likes Like |Link to Comment
  • Peter Schiff Is Wrong On Gold... Again [View article]
    Even if Peter Schiff is on the opposite side of the Fed debate, and you believe he is wrong about the price of gold, what does that have to do with your arguments that gold is going to $770? If it's going to $770 what is your reason?

    I don't really care if gold is going to $770 or $2000 because I and everyone else should own a small percent of the physical metal to protect themselves from FUTURE inflation...mistakes made by the central planners, and like Ron Paul noted in your video link, good intentions but poor results. After all, even the "smartest" intellectual scholars make mistakes. For what it's worth, I believe future inflation can be priced into current gold spot, and future inflation is an immeasurable piece of data that Yellen and the Fed don't even know the answer to. We're in uncharted territory with a lot of factors dictating market forces (i.e. world reserve questions, currency wars, QE, $17 trillion debt, etc).

    I usually like your articles Robert, but I think you may be as misguided as you claim Peter to be...just that you are on a differing side of the Fed debate. So between you and Peter there is a voice of reason somewhere, and hopefully as intelligent investors/voters/consu... we can find it.
    Mar 20, 2014. 08:13 AM | 8 Likes Like |Link to Comment
  • A Brief History Of Gold And Why It's Overvalued By A Factor Of 2 [View article]
    Yep. Exactly. That's the point the gold bugs are making, and they are right.

    If trust, not force, is the basis of a society/market decision for exchanging goods, different forms of "money" can be used to trade based on people's choice...but only if allowed by government. Gold could therefore be argued as having the highest "market" value as money in historical terms, and therefore the most trust given to it as such. There is also a huge difference between money;

    and legal tender...

    Some forms of "money" are deemed "illegal" by a government if they so choose...and unfortunately, legal tender laws leave that gray area to scare off any competition for dollars in the U.S. (especially foreign currency but besides bartering), imho. So now we start questioning the role of government in our pretty much else in politics. It's then a control/power issue more than anything because some favored entities get access to the money supply (currently debt) at "discounted rates" and have the control over the people through that distribution (hence the scrutiny on the Fed and their partners who get first crack at the money supply). I'll defer to Ron Paul on that discussion because I want to enjoy the rest of my day. :)
    Mar 19, 2014. 01:38 PM | 2 Likes Like |Link to Comment
  • A Brief History Of Gold And Why It's Overvalued By A Factor Of 2 [View article]
    People trust gold and silver as money. They don't trust government's who create currency to cater to their political desires.
    Mar 19, 2014. 08:09 AM | 3 Likes Like |Link to Comment
  • Gold Completing Bottom As Cyprus 'Decides' Not To Sell? [View article]
    Exactly, everything is speculative. Since we're getting philosophical now, the difference might be whether one investment generates income (i.e. guaranteed interest rates, dividends, etc) or not. That's why we diversify our investments. However, gold is more comparable to cash than anything, because it's money. Money is always defined by the markets (i.e. consumers) confidence in its ability to exchange it for something of value, or save it for a rainy day. Gold is a great savings vehicle right now since you can't spend it, but it is extremely liquid making it easy to turn into government currency when necessary. So whether you hold dollars for that rainy day purchase, or gold, or silver, it is a matter of preference more than anything (as long as we have that freedom to choose and government's don't make PM's illegal). All markets are manipulated by the people who have the most money and power, so it doesn't make gold unique. The difference might be the size and pressure on a particular market or asset. Gold is beaten down right now. Our job as investors is finding the winning side. Plus, I'd rather have a crack at timing the market in gold with my savings instead of leaving my dollars collect dust. Sure I might lose sometimes, but it's only a portion of my investments so that's always the case no matter the investment. It's always a gamble. This article does a great job of analyzing potential short term price movements. Gold and silver are a great investment compared to cash, and a great vehicle for long term wealth protection to boot.
    Dec 21, 2013. 11:51 AM | 3 Likes Like |Link to Comment