A confluence of factors have propelled palladium to multi-year peaks in the past few days. Recent highs above $800 per ounce representing the highest level since March 2011, and for some a march towards 2001′s all-time high of $1,090 is considered a very real possibility.
I am amongst those who reckon that palladium is poised to enjoy further solid price appreciation, and here I outline th... read more
We had a long discussion with James G. Rickards about his new book and the coming death of the dollar, along with most of the world’s major currencies. According to Jim, the IMF is already going through dry runs for the day the inevitable occurs. The world has been in a depression for at least the past 6-7 years and there’s... read more
One of the world's reserve currencies, the U.S. dollar, may soon disappear in Russia. According to deputies of the State Duma, the Russians trust the dollar, despite the U.S. crisis. Russian MPs are worried that the dollar system may collapse in 2017 due to the growth of the U.S. government debt. Michael Dyagterev, politician, member of the State Duma from the Liberal... read more
Gold vs. US Dollars
Gold vs. Euros
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Gold vs. Euros
From our recent reader survey, I see our readers are not that concerned about what happens in the eurozone. But there’s a phenomenon occurring there that I believe every investor who is interested in gold bullion should be aware of.
Let me explain…
It’s a known fact that when central banks print more of their paper money, it’s usually bullish for the yellow metal. We saw this afte... read more
I have not seen the scenarios run by Bridgewater Associates, but I do have respect for their name and their work. I would like to know their assumptions.
In an inflation, stocks may do quite well, as their inflated valuations keep pace with inflation. Bonds are likely to get obliterated. In a stagflation not so much. The Fed and the Treasury would like a modest inflation to provide a co... read more
If you need cooking oil you have to exchange it for gold. If you need soap you have to exchange it for gold. Everything is gold, gold, gold… For everything they want gold…If you’ve conducted even a preliminary investigation into the global economic situation you’ve likely concluded that something isn’t r... read more
Silver Price Forecast 2014: Silver’s Ultimate Rally When Paper Assets Collapse
The relationship between the Dow and silver has been very consistent during the last 100 years. After each of the major Dow peaks (real, not necessarily nominal peaks), we eventually had a major bottom in silver. Below, is a 100-year inflation-adjusted Dow chart:
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Gold demand in China, which overtook India as the largest user last year, will rise about 25 percent in the next four years as an increasing population gets wealthier, according to the World Gold Council.
Consumer demand will expand to at least 1,350 metric tons by 2017, the London-based council said in a report today. Growth may be limited t... read more
