When you're talking to a gold bug it is much like arguing with a priest about religion — it is a daunting task but to my gold bug friends here again is why I'm not that big on gold. Words: 725
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You NEED An Additional Bank Account In Another Country – Here Are 10 Reasons Why (+2K Views)
The difference between only having a bank account in your home country and having an additional bank account in another country is major. Here are the top 10 reasons why.
Read More »The Gold Market: What Can We Expect In the Months Ahead? (+2K Views)
We are at an interesting and perhaps critical juncture with respect to the direction of the gold price as it approaches a key support level. There are many mixed signals out there and the market seems to be vacillating, frustrating both bulls and the bears. Let us look at both cases in order to try to understand what the gold market may have in store for us during the coming weeks and months.
Read More »The “Brain-Dead Gold Award” Goes To the U.S.! Here’s Why (+2K Views)
Ever since the world suffered a near collapse of its economic and financial system in 2008, investors throughout the world have purchased physical gold in increasing volume. Everywhere, that is, except if you lived in the United States where the opposite was the case. Here's why.
Read More »Noonan on Gold & Silver: “No Turnaround Soon; Just Keep Holding & Buying & WAIT!”
…Have gold and silver seen a bottom yet, and is there a turnaround soon in the cards? No, and no…It is still business as usual as gold and silver languish around recent lows. There is no date one can mark on the calendar that points to an end of the Rothschild dominance over Western fiat currencies and their suppression of …
Read More »“Gold is Going to $660/ozt.” Hardly! Here’s Why
John LaForge, commodities strategist at Ned Davis Research has said that gold should drop about 40% lower than where it is currently trading down to $660 an ounce. I think LaForge is dead wrong and this article argues the reasons why the gold market has not yet peaked and why we are in a counter-trend correction within the long-term bull market.
Read More »Noonan: An Exposé of the Elites & Their Control of the Price of Gold & Silver
No one can outguess the elites' sustainability of power and control over the entire financial system, including their influence over the price of gold, and, as such, this precludes anyone from being able to intelligibly articulate "when" there will be a transition from "down" to "up" in the price of gold and silver. Unfortunately, as things currently stand, the elites continue to win the majority of the battles, and so control the war. Let me explain why that is the case.
Read More »Noonan on Gold & Silver: “There’s NO Turnaround In Sight!”
Things just took a turn for the worst, and there is no turnaround in sight. Unless and until demand enters the picture, price will continue lower until it finds demand sufficient to effect a change. For right now, there is no demand apparent. What else can be said. This is like watching a car teetering on the edge of the cliff, waiting to see if/when it falls. The trend is down, and that is all you need to know!
Read More »Noonan: “Gold & Silver Will Turn When They’re Ready & They’re Far From Ready!” Here’s Why” (+2K Views)
Time is running out for all the 2014 enthusiasts that are calling for higher prices in gold and silver by year-end. The lessons learned from 2013 have been forgotten as not only are prices not beginning to move higher, they are making new recent lows. Incredibly enough, many of these prognosticators are paid pretty well by their subscribers. Lesson to be learned? Absolutely no one can divine the future. Stop listening to what others are saying, and pay attention to what the charts are saying - and below is a summary of just that.
Read More »Gold Rush Is On In China (to replace USD with a gold-backed Renminbi?) (+5K Views)
China consumed, mined and imported the most gold ever in 2013. Does this mean that the PBOC in Beijing plans to eventually back its currency, the Renminbi, with gold with a view to replacing the U.S. dollar as the world’s reserve currency? Here are the details.
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