Daily and monthly gyrations in the price of gold are nothing to fret over...The price will recover and, in time, fetch new highs...Here’s proof. Words: 264
Read More »Fiat Money: Exactly What Is It? Why Is It Such A Scourge? (+2K Views)
Considering the fact that you can fool some of the people some of the time but you cannot fool all of the people all of the time, is it any wonder millions are protesting the abysmal scourge that fiat currency has brought upon us as a result of that fateful day back on July 25th, 1965. To appreciate the significance of that historic day we must fully understand what fiat currency is and why such a concept is about to implode and this article does just that. Words: 1372
Read More »Save Time & Get Informed: Financial Article Summaries From munKNEE.com For w/e Dec.2/11
There are hundreds and hundreds of sites that post economic, financial and investment articles but, unfortunately, most of them are all about quantity of articles rather than the quality of them. As such, if you are tired of spending hours each week surfing the net or even visiting your up-to-now favourite financial site looking for articles that are extremely informative, relatively brief and very well-written then go no further than munKNEE.com. Here's why. Words: 977
Read More »Jeffrey Nichols: Gold to Reach $1,850 – Perhaps Even $1,923 – by Early 2012!
Many market participants are wondering why [gold] is not responding more positively to Europe's never-ending sovereign debt crisis and other worrisome economic and political developments around the world...Technical analysts say that gold must build more support in the $1,750 to $1,800 an ounce range before it can muster enough strength to sustain a meaningful and lasting rally. Sooner or later, [however,] thanks to a continuously improving fundamental picture, gold will register a sustainable advance above $1,800 an ounce, possibly never again to see prices below this level. [Let me explain why I believe strongly that that is the case.] Words: 800
Read More »The Case for $1,390 Gold Soon – and $1,000 Gold Later
The chief economist at HSBC Bank, Robin Bew, suggests that the price of gold will correct down to $1,390/ozt by the end of 2012 and to $1,000 per troy ounce by 2013. [Let's examine Bew's views more closely.] Words: 731
Read More »Why Is Gold Falling? Should I Buy, Hold or Sell?
Gold falls when a financial crisis worsens for 2 basic reasons which make total sense when looked at objectively. Resultant government intervention then creates the environment for a future rise in the price of gold. This article explains the causes of the downs and ups in the price of gold and offers suggestions on how and when to act. Words: 868
Read More »Gold: What the !@#$%^&* Is Going On!
What’s going on? If gold is the great anti-asset, the thing to hold when everything else is in collapse why is it now trading…[below $1,700 and] not $2,000? Words: 1139
Read More »Canadians Take Note: Own Physical Gold via Canadian Mint's New Gold ETRs
The Royal Canadian Mint has announced that it is making an initial public offering of exchange-traded receipts (ETRs) under the mint's new Canadian Gold Reserves program. Unlike other gold investment products currently available which only enable the purchaser to own a unit or share in an entity that owns the gold, the ETRs will enable the purchaser to actually own the physical gold bullion which will be held in the custody of the mint at its facilities in Ottawa. Words: 650
Read More »Will Gold Drop as Low as $1,200 Before Spurting to $2,000?
In the long run developments in the financial markets and around the world seem to conspire to whip up a perfect storm for the gold price, taking it up towards $2,000 and further. That new upleg, however, could very well start from a much lower level than now. There are quite a few developments that could easily send the gold price lower in the coming months. Is $1,200 gold in the cards? Words: 739
Read More »Platinum is Downright "Cheap" Relative to ALL Other Precious Metals! Have You Any in Your Portfolio?
If this precious metals bull market continues over the next couple of years, I think one would [be well served to] diversify some assets in gold/silver into platinum. [Let me explain the present relationship between platinum, gold, silver and palladium and why I make the aforementioned recommendation.] Words: 832
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