A war, a state or period of armed hostility, is not only detrimental to the citizens, but the overall function of a nation. War is expensive, uncertain, and stressful. There is no doubt that when a country in facing the war time the citizens become fearful of the future. Will they lose relatives to battle? Will the country be defeated? What will happen to their home?
Many say history has a w... read more
Federal Reserve Chairman Ben Bernanke was once confronted by Ron Paul with the now famous question, “Is gold money?” Bernanke replied “no” and said central banks hold the precious metal as “tradition.” However, the Central Bank of Iran appears to disagree with Bernanke and is substituting gold for U.S. dollars.
Due to sanctions placed on Iran by the United States and the... read more
ilver is shaking off its latest setback.
Fed Chairman Ben Bernanke rattled the cage of the white metal during his testimony to Congress on Wednesday. During his testimony, he tried to make it clear that the Fed had no plans to launch another round of quantitative easing any time soon. Both gold (GLD) and silver... read more
Benjamin Graham was reported as saying that in the short run, the markets are like a voting match and in the long run they are a weighing match. In a similar vein, John Maynard Keynes is attributed with saying that the market can stay irrational longer than you can stay solvent. Yes, while fundamental analysis might eventually lead the way, we can also learn much from examining the manner... read more
Benjamin Graham was reported as saying that in the short run, the markets are like a voting match and in the long run they are a weighing match. In a similar vein, John Maynard Keynes is attributed with saying that the market can stay irrational longer than you can stay solvent. Yes, while fundamental analysis might eventually lead the way, we can also learn much from examining the manner... read more
There were a few great discussions going on in the last thread and so I thought I'd rejuvenate it with a fresh count!
Early on in the thread Hawks5999 quoted me and OG from Yo Warren B, you are so OG! and then asked read more
Over the last half decade or so, as the price of gold and silver have steadily risen, financial experts, advisers and pundits have often argued that gold is a bubble. They said it in the spring of 2008, as gold approached $900 per ounce. Likewise, as gold surpassed its nominal 1980′s high and went above $1000, those same analysts were screaming sell recommendations. To this day,... read more
The charts are displaying new strength in gold and silver. We will see new highs in gold and silver this year. It’s not too late to buy the precious metals at bargain prices.
Technical analysis is a powerful tool for understanding the market for a traded good. Technical analysis employs time-tested techniques for predicting future price levels. The successful technical trader... read more
After getting a sneak peek at Buffett's Annual Letter, I decided to write this essay as it is my humble opinion that Buffett has taken his view of gold to a level that is more sophism and rhetoric than factual while completely disregarding gold's historical role as a medium of... read more
Eric Sprott, the founder of Sprott assets management has repeatedly said that gold was the investment of the last decade but silver will be the investment of this decade, and by looking at some of the fundamentals he might just be right.
There is currently an equal amount of investment money going into read more
