Gold: The Investment Bedrock of Monetary Systems [View article]
Well done, I agreed with 99% of what you said, and it was convincing and well researched. Nice article proving the benefits of owning gold and shares of companies that mine it.
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]
The British were the greatest Empire the world had ever seen up to that point, with unassailable naval power, and the greatest economic power to boot.
Hence the saying, "the Sun never sets on the British Empire".
It was common knowledge of all, and nearly universally believed that the British Pound Sterling would reign supreme over the new millennium of the 20th Century, as it had in the 19th Century.
It was simply inconceivable to the Brits and their trading partners that the Sterling wouldn't be the reserve currency of the world for at least another 1000 years.
Until, the dollar came along and replaced it.
Oops, never mind.
Those who hold their wealth in dollars are at risk of repeating this awful history.
Gold is the only currency to survive the millenia...I spent an hour reading several financial magazines, and newspapers at the airport today...they all made essentially the same old arguments against gold...because its been a poor investment over the last 25 years.
Wow...how about looking at economically relevant periods in history...like the last 7 years? Or look at periods in time when gold did very well and compare economic conditions then to now...and compare?
All the media gets the gold story wrong, telling people its risky, time to take profits at $400, er $500, er $600, er I mean $700, ummm at 800$ per ounce, oops I mean at $900,... oh never mind.
Gold may be lousy in certain types of economic environments, but that is not an argument against gold..bonds are lousy in certain econmic environments also, but we dont hear the press eschewing bonds, (for the most part) ...]
Real estate may be a lousy investment for nest ten years, so where are the experts calling for people to get out of their risky real estate and minimizing its place in your portfolio to 5%?
Gold: The Investment Bedrock of Monetary Systems [View article]
Yamana Gold: Finding Value [View article]
If This Comes True, You'll Be Glad You Own Gold & Silver [View article]
Hence the saying, "the Sun never sets on the British Empire".
It was common knowledge of all, and nearly universally believed that the British Pound Sterling would reign supreme over the new millennium of the 20th Century, as it had in the 19th Century.
It was simply inconceivable to the Brits and their trading partners that the Sterling wouldn't be the reserve currency of the world for at least another 1000 years.
Until, the dollar came along and replaced it.
Oops, never mind.
Those who hold their wealth in dollars are at risk of repeating this awful history.
Why not diversify your currency exposure?
Getting Out of Leveraged Gold [View article]
Wow...how about looking at economically relevant periods in history...like the last 7 years? Or look at periods in time when gold did very well and compare economic conditions then to now...and compare?
All the media gets the gold story wrong, telling people its risky, time to take profits at $400, er $500, er $600, er I mean $700, ummm at 800$ per ounce, oops I mean at $900,... oh never mind.
Gold may be lousy in certain types of economic environments, but that is not an argument against gold..bonds are lousy in certain econmic environments also, but we dont hear the press eschewing bonds, (for the most part) ...]
Real estate may be a lousy investment for nest ten years, so where are the experts calling for people to get out of their risky real estate and minimizing its place in your portfolio to 5%?