Wednesday , 29 May 2024

Gold & Silver

The Single Best Reason to Own Gold Is… (+3K Views)

Today all currencies are fiat, that is, they are money only by government edict, by the law; they have no inherent value and are not backed by reserves. Because of this central bankers around the world can create/ print new money almost without limit, and as with all markets currency prices are set by the law of supply and demand, and as more dollars, euros, pounds and yen are created, their value falls. [Let me explain the ramifications of such action.] Words: 785

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What Should the New Normal Be For the Gold:Silver Ratio? (+3K Views)

Why do some analysts argue that the gold:silver ratio should reflect the relative rarities of the two metals in the ground and therefore be 10:1 or lower? I don’t know, but it isn’t a valid argument. Neither is the argument that the gold:silver ratio should be around 16:1 because that’s what it averaged for hundreds of years prior to the last hundred years. So, what should it be?

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How Much Gold Should I Hold?

Independent research recommends that an allocation of 10% to gold and 5% to silver should be enough to ensure you will do much better in the coming market crash. Here is the rationale.

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Gold Could Jump To $5,000 Within Minutes! Here’s How & Why (+2K Views)

A central bank’s worst nightmare is when they want inflation and can’t get it. The Fed’s tricks have all failed. Is there another rabbit in the hat? Actually, there is. The Fed could announce that effective immediately the price of gold was $5,000 per troy ounce which would cause massive inflation within 15 minutes.

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