Saturday , 28 December 2024

Search Results for: fiat

Eric Sprott: Financial Train Wreck Coming Soon! Got Gold? Better Yet, Got Silver? (+2K Views)

We have a financial system that's on the edge of a cliff here. People have to be in precious metals if they want to protect themselves. Everyone who's an investor has money. They have it invested in some paper instrument and when they realise they have a problem with their money in a bank or owning some government note the demand for gold could just be overwhelming! It could be parabolic all of a sudden. Currently, only o.75% of the world's financial assets are in gold so just imagine what a 5% to 10% interest in gold would mean for its price. On top of that, I believe that silver will get back into a 16:1 ratio to gold in three to five years for sure so that means that silver is going to have a great upside potential. Got gold? Better yet, got silver? Words: 5169

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Jim Sinclair Sees Economic Train Wreck Coming – Slowly but Surely! (+3K Views)

James Turk, Director of The GoldMoney Foundation, interviewed Jim Sinclair recently at the GATA conference in London about his successful gold price predictions, the U.S. debt problems, how to ride the second phase of the gold bull and the gear change from arithmetic to exponential growth as public perceptions about the safety of the US dollar changes. Below is a heavily edited and paraphrased version of the interview to provide you with a fast and easy understanding of its contents. Words: 1318

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$325/ozt. Silver and $6,800 Gold Quite Possible – Here’s Why (+2K Views)

The majority of analysts are now of the opinion that gold will reach a parabolic peak price somewhere in excess of $5,000 per troy ounce in the next few years. Given the fact that the historical movement of silver is 90 - 95% correlated with that of gold suggests that a much higher price for silver can also be anticipated. Couple that with the fact that silver is currently greatly undervalued relative to its average long-term historical relationship with gold and silver could escalate dramatically in price over the next few years. How much? This article takes a look at historical gold:silver ratios and what attaining certain relationships would mean for the price of silver should specific price levels for gold be realized. Words: 1411

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A Full-blown International Bond & Currency Crisis is Approaching – Fast! Here’s Why (+2K Views)

Over the past two months stock markets have crashed around the world and gold prices have soared as global investors decided that the U.S. has lost its race against time. A new recession is upon us before we even half-closed the output gap left open from the last recession. It means even larger deficits and an even weaker dollar. The price of gold and Treasury bonds is telling us that a full-blown international bond and currency crisis is approaching. There is no international policy mechanism available to stop the panic short of re-opening the gold window that the U.S. closed unilaterally and “temporarily” in 1971. [Let me explain.] Words: 3025

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Your Savings and Investments Will Be in Dire Jeopardy Going Into 2012 Unless….. (+2K Views)

The United States is now so far in debt, it will never be able to pay it off, that is, without hyper-inflation. That subject alone will require many more articles than this. The sky is not falling (yet) but your savings and investments are in dire jeopardy going into 2012. You might wish to now do something to protect yourself. [May I offer the following investment ideas.] Words: 1648

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These 5 Situations Would Put An End To The Gold Bull Market

With gold’s ever increasing price and all of the bullishness out there today [I have identified] 5 different situations that would cause the gold trade to unwind. Two are more of the short-term correction variety, while three are more of the long-term new bear market type. [Let me explain.] Words: 831

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Update: Why $300+ Silver is a Realistic Future Peak Price (+3K Views)

Silver escalated in price by 81.1% in the 12 months ending June 30th, 2011 compared to gold's 19.3%. As such the gold:silver ratio fell from 67: 1 to 44: 1 over that period. This is still way out of whack with the long-term historical relationship between the two precious metals and begs the question: “Is now the perfect time to buy silver instead of the much more expensive gold metal?” Words: 1490

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