Gold

In a report titled, “The Fed Can’t Print Gold,” analysts at Bank of America raised their 18-month gold price target from $2,000 per ounce to $3,000 per ounce, as fallout from the COVID-19 coronavirus recession continues to take hold. “As economic output contracts sharply, fiscal outlays surge, and central bank balance sheets double, fiat currencies

The plotted arc of coronavirus deaths is beginning to flatten in Spain. Nevertheless, as of March 24, death toll doubling is occurring every two days in Belgium and every three days in the U.K., Spain, Netherlands, France and the United States. Italy’s numbers are trending down, but they’re large and still doubling every 5 days.

Gold has a long history of travelling in the opposite direction when traditional financial instruments fail. So, why are gold prices dropping instead of skyrocketing? The answers lie in a number of unique market conditions. First of all, China and India account for 1,000 metric tons of gold annually, but these transactions are typically conducted

Investors shorting Tesla lost $2.5 billion on Monday alone. The stock is up 60% in the past week and 150% over the past year. It’s a shocking occurrence to the stock market, so investors are asking, “Why?”  Did Panasonic’s battery news tip the scale? The Model Y got a chilly reception when it was unveiled,

History clearly shows that gold shines brightly when currencies fail. Peter Schiff, CEO of Euro Pacific Capital, is suggesting investors don’t fall for today’s fake news of “Dollar Strength.” And because the dollar is the premier global reserve currency, investors all around the world are quickly turning to gold for security, safety, and long term

We successfully predicted last month’s stock market melt-up and starting in the New Year we suggested that conditions are ripe for a reversal of fortune. We reminded everyone that gold and other physical precious metals provide some of the best financial protection against negative, as well as, cataclysmic economic conditions and occurrences. There were already

Our media seems to be utterly preoccupied with limitless political banter, but the most important occurrence you should but may not be aware of, at this time, is the frantic race that central banks are in to devalue the world’s currencies, particularly as the red plague of debt continues to drain the American economy, global

Refining and banking executives reported back in August, that laundered, smuggled, or otherwise illegal gold has been finding its way into the vaults of world banks, in the form of gold bars with the fraudulently stamped logos from all four of Switzerland’s leading gold refineries. Some of the largest domestic discoveries occurred in the vaults

Gold is not a word frequently utilized by hedge fund managers and when it is, it typically is in reference to an ETF or mining stock. However, Ray Dalio, the founder and Chief Investment Officer of a very large and successful hedge fund management group called Bridgewater Associates, which manages in excess of $160 billion,

Central banks rarely have anything good to say about gold, but then again, a poker player with the “nuts” would be foolish to advertise. However, analysts from around the world are beginning to sing in harmony about the protective benefits of gold, particularly when global and domestic economic conditions are converging and increasing the potential