19
November
A Minskian roadmap to the next gold mania
Selected highlights of the latest ‘Popular Delusions’ note from Société Générale’s Dylan Grice:
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19
November
A Minskian roadmap to the next gold mania
Selected highlights of the latest ‘Popular Delusions’ note from Société Générale’s Dylan Grice:
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30
October
Paul Tudor Jones ♥ Gold
Gold bugs of the world, unite! You have nothing to lose but your exposure to fiat currencies.
Or so says leading hedgie and Wall Street throw back Paul Tudor Jones, who in his latest missive to investors has gone soft at the knees for the yellow metal:
"I have never been a gold bug. It is just an asset that, like everything else in life, has is time and place. And now is that time."
Rousing stuff indeed.
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30
October
Paul Tudor Jones ♥ Gold
Gold bugs of the world, unite! You have nothing to lose but your exposure to fiat currencies.
Or so says leading hedgie and Wall Street throw back Paul Tudor Jones, who in his latest missive to investors has gone soft at the knees for the yellow metal:
"I have never been a gold bug. It is just an asset that, like everything else in life, has is time and place. And now is that time."
Rousing stuff indeed.
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6
October
Robert Fisk and Australian Central Bankers Push Gold To $1,040/oz
Gold has surpassed its all time record high ($1,033/oz) of some 18 months ago today, and surged to a new record nominal high over $1,040/oz this morning. The reasons for gold's new record historic high and likely continuing strength in the coming months are the same fundamental factors that have been driving the gold market higher in recent months.
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6
October
Robert Fisk and Australian Central Bankers Push Gold To $1,040/oz
Gold has surpassed its all time record high ($1,033/oz) of some 18 months ago today, and surged to a new record nominal high over $1,040/oz this morning. The reasons for gold's new record historic high and likely continuing strength in the coming months are the same fundamental factors that have been driving the gold market higher in recent months.
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20
May
Beware of Exchange Trade Funds (ETFs) Bearing Gold
Gold Bullion Unique as No Counter Party Risk
Gold is unique among asset classes as it is the only asset class not dependent on the performance of auditors, management, corporations, financial institutions, banks, politicians and governments. Nor should physical gold be dependent on the performance of trustees, custodians and or sub custodians. Gold does not depend on the performance and health of the wider economy and as importantly when you buy gold in its physical form the
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7
May
Central Banks Favouring Gold Again Especially the "Elephant in the Room" China
Gold rallied 2% following news that China’s state holdings of the metal have been quietly raised by 76% since 2003. Rumours and speculation about Chinese buying have been rife for years, but many market participants remained in denial until this irrefutable proof was given. China is not only the world’s largest mine producer of gold, but also the fifth-largest individual country holder of gold with 1,054t.
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30
April
Gold versus Warren Buffett
I have just completed an analysis of the performance of the spot price of gold vs. Berkshire Hathaway. I think you will find the results are a little suprising.
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30
March
Adrian Douglas: Why Own Physical Gold & Silver
Adrian Douglas of Market Force Analysis writes that in his experience, most ordinaly people have difficulty understanding why gold is the investment opportunity of a life time. Blaming the messenger, he explains it in simple terms, making a distinction between consumables and collectables:
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19
March
Gold For Bread - Zimbabwe
MDC activist Sam Chakaipa returns to his village in rural Zimbabwe to find his friends and neighbours starving to death, reduced to panning gold powder from the rivers to exchange for food at an exorbitant rate.
The Guardian via Youtube:
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24
December
Gold Investments Year-End Review - Outlook for 2009
Gold Outperformed Most Assets in 2008 - Gold Up 3.9% in USD; Up 5.3% in EUR and Up 34.4% in GBP. Today’s London AM fix (23/12/08) was $844.01 (USD), £570.85 (GBP) and €603.72 (EUR). At the start of 2008 (January 2nd 2008), gold’s London AM Fix was at $840.75 (USD), £424.81 (GBP) and €573.34 (EUR). Thus, in 2008 gold is up by 3.9% against the dollar, up 5.3% against the euro and up 34.4% against the pound. The London AM Fix is a widely followed benchmark for physical gold and silver prices and is reported in major newspapers
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9
December
Gold in Backwardation; talk of a run on the COMEX
It wouldn't be suprising if you had never heard of backwardation. Though many commodities markets are frequently in backwardation, especially for seasonal or perishable/soft commodities, it has only happened twice in history in precious metals.
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26
November
Is the Great Bear Bullish on Gold?
On the foot of recent reports that China is planning to diversify some of its massive foreign exchange reserves into gold, The Central Bank of the Russian Federation has released its latest
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17
November
Obama's Golden Opportunity – Return to Gold Standard
The Washington Times's Lawrence Hunter wrote last week that U.S. President-elect Barack Obama has an opportunity to reset the economy and restore the U.S. dollar to its preeminence as the world's reserve currency by reestablishing the gold standard.
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12
November
Gold Investments' homepage from early 2004, when we clearly warned about property and stock bubbles and the importance of diversifying into gold
Since 2003, Gold Investments has clearly warned of property and stock market bubbles internationally, the risks in sharp falls in these markets and the importance of diversifying into gold.
This is our homepage from early 2004 when we clearly warned re property and stock bubbles and the importance of diversifying into gold - http://web.archive.org/web/20040324071856/http://www.gold.ie/
Our home page clearly warned investors and savers as seen in this section:
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31
October
Rollover: Essential Movie Viewing in these Unprecedented Financial and Economic Times
Rollover is the story of faded Hollywood siren Jane Fonda who inherits a multi-million dollar company after her powerful bank president husband is murdered. While trying to find her dead love's killer, she runs his corporation with the help of charming banker Kris Kristofferson in the weeks before a worldwide currency and financial collapse.
It was the 1981 movie Jane Fonda "got made" after her exploration of the d
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22
October
The Big Picture: Gordon Brown's Golden Legacy
Today's Daily Mail has a rare picture of the Bank of England's Gold Reserves You are looking at the room most likely to weather the credit crunch, a vast vault filled with the final word in financial security: gold.
As stocks and shares tumble, house prices crash and previously unassailable institutions crumble into dust, the sight of several thousand 28lb bars of 24-carat gold stored in the Bank of England's massive undergro
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20
October
FT Video on Gold - Gold & Silver Investments' Flood Interviewed
In a very interesting video about the gold market today, Stephen Flood of Gold and Silver Investments is interviewed by Javier Blas of the FT .
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14
October
Will Bailouts Risk Hyperinflation? (CNBC Video)
Government bailouts of the financial system will destroy the dollar, euro and sterling because of hyperinflation, Martin Hennecke, senior manager of private clients at Tyche told CNBC. But Todd Everts, president & CEO of Wall Street Global, disagreed.
"The privatization of the banks is the first step down the road to hyperinflation," Hennecke said Monday.
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