The upside potential following this correction still looks huge for Gold and for Silver. We expect Gold and Silver to soon make a run back up to the recent highs - but at a sharper angle than they fell. [Let me explain why this will likely be the case.] Words: 528
Read More »The History of Silver As a Currency – and More (+2K Views)
Silver has thousands of industrial uses and is considered a store of wealth by investors. The infographic below illustrates silver's history as a currency in the past and as an essential component in industry and technology today.
Read More »Latest Comments By Jim Rogers, John Paulson & Jeremy Grantham On Gold (+2K Views)
Gold is known as a solid inflation hedge, and could earn this reputation in 2013 if inflation picks up. Below are three well-known gold bugs (Jim Rogers, Jeremy Grantham and John Paulson) and their bold predictions for investing in gold next year and beyond. Words: 525
Read More »Commentary on QE3 Exclaims: "We Have Been Warned!"
QE3 looks like a desperate act to feed money to large banks, offload MBS toxic waste from their balance sheets, devalue the dollar against houses, commodities, and other currencies and create significant collateral damage in the form of consumer price inflation according to a number of respected economists and critical thinkers on the subject of QE3. [Let's take a look at what they have to say.] Words: 1661
Read More »The Straight Goods on Strait Minerals (2K Views)
I had the pleasure today of attending a presentation on Strait Minerals (formerly Strait Gold) which is listed on the TSXV under the symbol SRD. Strait Minerals is a mineral exploration company (copper, gold, silver, moly) with 4 properties in Peru. Below is a copy of said presentation - the straight goods - on their plans for the development of each over the coming years and their financial situation and arrangements.
Read More »Egon von Greyerz: Gold & Silver Off to the Races – to $4,500+ & $100+ Each – Here’s Why (+3K Views)
The closing of the gold window back in August 1971 has led governments worldwide to create endless amounts of worthless paper money and the resulting credit bubble has created a world debt exposure of over US$ 1 quadrillion (including derivatives). It has also created perceived wealth for big parts of the world's population - a wealth which is only backed by promises to pay and by grossly inflated assets. Few people realise that this wealth is totally illusory and will implode considerably faster than the time it took to create it. [Let me explain.] Words: 890
Read More »Peter Schiff: QEternity Has Its Limits – Here’s Why (+2K Views)
The latest round of quantitative easing (an additional $40 billion a month until conditions improve) has been dubbed as "QEternity" or "QE-Infinity" by its critics but it will end much before that. We are witnessing a massive bubble in US government debt, and we've reached the point where no one in charge believes it will ever end - an excellent contra-indicator. [Let me explain.] Words: 720
Read More »Save Time! Access Today's BEST Financial Articles Here
Busy? Overwhelmed by the number of articles available every day? Only have a few minutes to read articles of interest? No problem! You can now go to www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) where you will find introductory paragraphs to today's most informative articles. Here's a sample of what you have been missing.
Read More »QE3: Impact on Gold & Silver Returns Should Outshine Impact on Economic Growth – Here's Why
While the Fed’s third round of quantitative easing is fairly aggressive it is unlikely to have a significant impact on the economy – especially if policymakers in Washington lead us over the fiscal cliff. Where QE3 may have an impact, however, is in the commodities market, and in particular gold. Here’s why. Words: 400
Read More »Race to Debase: How Gold & Silver Have Performed vs. 75 Fiat Currencies (+2K Views)
It's that time of the year again where we examine how gold and silver have performed against 75 fiat currencies around the globe.
Read More »