Gold & Silver

We're not going back to a gold standard - anywhere - any time soon! Here are three simple reasons why not.

Inflationary periods are highly unjust. They undermine the ethics of hard work and thrift. They destroy solidarity, lead to widespread hardship and often to social unrest. Gold, in contrast, has been the best hedge as investors seek to protect themselves against the large purchasing power losses of inflated currencies.

I remain very bullish on this sector, and the recent rally is likely just the beginning of a multi-year move higher in the gold mining space.

Silver has been in a descending triangle over the past 8 years but looks to be nearing completion. This suggests a large move in Silver is near.

Gold is trading at its highest level in more than 5 years and is likely on the verge of a major break out that should elevate prices of the yellow metal much higher. Here's why.

These charts tell me that, even though gold is still down from its 2011 peak, investors continue to value it as an attractive store of value.

It is a “no brainer” to stock up on precious metals and other tangibles given that our governments are working overtime to make our paper money worthless.

It would seem that there is a considerable lack of understanding about what the term "safe haven" actually means when it comes to gold. Let me explain just what it means - and does not mean. Words: 740

My long standing target for gold of $10,000 in today’s money and much, much higher in inflationary terms, is now more probable than ever but I hope it will never be achieved. When gold goes to $10,000, It will not just reflect inflation and falling currencies like in the 1970s but a much more serious or even catastrophic situation both in the U.S. and globally so let’s look at a potential scenario for the next few years. This is obviously not a forecast but more of a rough sketch of what could happen:

Talk about having an opportunity handed to you on a silver platter! Whether it’s buying shares of SLV or purchasing physical bullion, there really isn’t much of a downside at this point. If you haven’t staked your claim, now’s a good time to do it.