David Zeiler: With two GOP presidential candidates saying they’d add legendary Wall Street pundit Jim Grant to their administrations, bringing back the gold standard clearly has moved up on the Republican agenda. Read more…
IAU, NYSE:GLD, SGOL, UDN, UUP
Stoyan Bojinov: Stocks drifted lower to start the week as resurfacing Euro zone debt woes brought back the bears. Domestic equity indexes retreated into red territory after European leaders put pressure on Greek lawmakers to meet and accept the conditions of the proposed $171 billion bailout. Investors Read more…
IAU, NYSE:AGOL, NYSE:GLD, SGOL
Stocks eased modestly on Monday, on very light trade. The major indices chopped around in a tight range for the entire day and eventually closed just below session highs. The small-cap Russell 2000 (NYSEArca:IWM) fell 0.3%, while the Nasdaq (NASDAQ:QQQ), DJIA (NYSEArca:DIA)and S&P Read more…
IAU, IWM, NYSE:DIA, XOP
Unless you owned defensive stocks, 2012 has been an equal opportunity rally. Tech stocks, financials, cyclical names… just about any asset class that isn’t defensive has seen a sharp move higher this year. Both supporting and belying this observation is the price action in gold, typically Read more…
IAU, NYSE:AGOL, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, SGOL
The Daily Capitalist: The Financial Times is out with “reporting” titled Investors beware gold’s deceptive beauty. It suggests that some guys who stole a few million dollars worth of gold rush-era Read more…
IAU, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, SGOL
Dominique de Kevelioc de Bailleul: CNN reports that 13 states seek approval to issue money in preparation for a U.S. dollar collapse. Read more…
IAU, NYSE:GLD, SGOL, SLV, UDN, UUP
“One Fed official owns thousands of acres of farmland and at least $1 million in gold. Many own individual blue chip stocks, while another appears to hold no major assets other than his home and an employee benefit plan. Read more…
IAU, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, SGOL, SLV
Jeff Nielson: With the precious metals sector having been in the grip of another bankster-induced “silly season”, I was very unsure about how the market would “react” to the latest shenanigans of B.S. Read more…
IAU, NYSE:GDXJ, NYSE:GLD, SLV, UDN, UUP
Kevin Kerr: No matter where you live or travel — America, Europe, Asia, South America, China, etc. — you use fiat currency, at least in one form or another. Read more…
IAU, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, SGOL, SLV, UDN, UUP
Karen Roche: GoldMoney Founder and Chairman James Turk knows how to find great deals on gold and silver. He claims that the 2012 bottom for gold came during the first week in January. If the year’s low is already history and if his projection that gold will hit the $2,000/oz mark within three months
Read more…
IAU, NYSE:GDXJ, NYSE:GLD, SLV
Jared Cummans: Markets seem to be in a state of confusion, as positive news and data is offset by just as many negative factors. Some investors feel that 2012 will continue to see its nice rally, as this past month was the best January for equities since 1997. Others think that the fun is over as a number of Read more…
IAU, NYSE:AGOL, NYSE:GLD, SGOL
Dominique de Kevelioc de Bailleul: In his February newsletter, Bill Gross of PIMCO surmises that from now on central bankers will target nominal GDP growth in their fight to prevent a systemic financial collapse. Read more…
IAU, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, SGOL
The Daily Capitalist: Last August, I mentioned in a post (I forget which one) that when gold (NYSEArca:GLD) hit $1900, I was a seller. In late September, I suggested that municipal bonds were better buys than gold, and indeed muni yields have collapsed. Meanwhile, gold has churned for Read more…
IAU, NYSE:FXE, NYSE:GLD, UUP, VGK
Sam Kirtley: As our regular readers will know, we view US real interest rates as the key determinant of gold prices over the medium term. Six weeks ago we updated the situation with U.S. real rates (discussion of the theory behind the relationship can be found in that article) and since then, we have Read more…
IAU, NYSE:DGP, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, NYSE:GLL, SGOL
Keith Weiner: After the near-collapse of the financial system in 2008, a growing number of people have come to realize that our monetary disease is terminal. It is that group to whom I address this paper. I sincerely hope that this group includes leaders in business, finance, and government. Read more…
IAU, NYSE:GLD, SGOL, SLV, UDN, UUP
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