For decades, Fort Knox has been shrouded in mystery, speculation, and cinematic legend. From Goldfinger’s infamous plot to irradiate America’s gold reserves to Goldmember’s satirical obsession with all things shiny, pop culture has long...
Gold and national debt have been in a long-term race, and gold is winning. Since 2000, U.S. debt has surged by 530%, while gold prices have skyrocketed by 880%.
Since the year 2000, the U.S. government has been racking up debt like it’s going out of style. In fact, the national debt has ballooned by 527%, jumping from $5.7 trillion to a whopping $35.75 trillion today. But as the debt has soared,...
Should you buy gold now? Or, should you wait? The pat answer is “it all depends”; which is true, but, it’s an inadequate answer. A bigger problem might be the question itself. Why would someone who is planning to buy gold now decide to...
“Gold needs weak economic data as a catalyst to push prices higher…” trumpeted a headline this past weekend. In a similar vein is the oft stated claim that “a recession is good for gold”
As the prices for gold and silver continue to vacillate, investors and others who are price dependent might find themselves a bit anxious regarding both metals lack of obligatory action to the upside.
It is one thing to complain that the economy is not growing, or, that economic activity is slowing; but the charts below indicate something more serious. Economic activity is in decline and the decline might be accelerating.
Anticipation for explosive new highs in gold has risen sharply since last fall. After rising above $2000 earlier this year for the fourth year in a row, the gold price has dropped back to the mid-$1900s and continues to tease investors...
Macroeconomic and geopolitical conditions have investors bewildered. Events which are unfolding look like they may crush the valuations of several asset classes which had enriched investors over the past decade.
It is time to set the record straight – again… A recession, no matter how severe, will not have any appreciable effect on the gold price.