by Nico Simons, Sprott Money: Many people think that the price of gold for buyers and sellers is determined through the LMBA Gold Price Auction (formerly LBMA Gold Fix). This is not correct. LBMA The London Bullion Market Association (LBMA) is home to the international price of gold. The LMBA claims to be The Competent […]
by Egon Von Greyerz, Gold Switzerland: The autumn of 2016 has for some time looked like a period when dark clouds will move in over the world economy. Therefore, it was not surprising to see the first sign of things to come in the next few months. In one day the Dow erased all the
Gold Is The Ultimate Wealth Preservation Against Reckless Governments Read More »
by Jeff Nielson, Bullion Bulls Canada: Informed readers will be well-acquainted with the fact that gold and silver are “monetary metals”, since this property of precious metals is widely reported. Where readers will have far less clarity is in terms of what this actually means, since it is rarely (if ever) explained. Referring to gold
from Gold Seek: No metal can claim a legacy comparable to gold. Gold has been used to show affectionate love, but it has also represented power, status, and riches for the greatest kings of antiquity. Gold’s history is truly legendary, ripe with colorful tales and anecdotes from people ranging from William Shakespeare to Christopher Columbus.
from Hang The Bankers: Before the Renaissance, world money existed as precious metal coins or bullion. Caesars and kings hoarded gold and silver, dispensed it to their troops, fought over it, and stole it from each other. Land has been another form of wealth since antiquity. Still, land is not money because, unlike gold and
by Gary Christenson, Deviant Investor: I read that I can’t eat gold as I munched on my 401(k) sandwich and guzzled my IRA wine, which tastes like a cheap Chardonnay. For a side dish I ate blanched twenty dollar bills and consumed a chocolate money market for dessert. Yes, I am kidding. The point is
Catch Dean Arif this Saturday at Tomei, Imago Mall, Lot G-13B, Ground Floor, Imago Shopping Mall, KK Times Square Phase 2, Off Coastal Highway, 88100 Kota Kinabalu, Sabah. 2:00 p.m. to 7:00 p.m. Dean will give the latest updates on the world economy and bullion market for 2016 and beyond. Don’t miss this!
World Economy and Bullion Outlook 2016 at Kota Kinabalu, Sabah Read More »
by Gary Christenson, Deviant Investor: Most people like their truth palatable, easy to digest, and believable. Unfortunately for our emotional needs, some truths are uncomfortable, unsettling, and difficult. Regarding the United States, the U.K., Europe, and Japan IT IS COMFORTING TO BELIEVE: Debt has increased exponentially for decades, and in the case of the US,
