When this trigger is pulled and the gold panic starts, it’ll run out of control very quickly. Gold prices will soar to heights no one thought possible just a short time ago.
Since 2000, gold has greatly outperformed every other asset you can think of. So in that sense, gold performs an important insurance function.
Jim Rickards plays gold basher advocate and tries to think of some ways to make a case against gold. Enjoy…
Most don’t know John Paulson made $5 billion more betting on gold in 2010 — and now he’s got another $1.2 billion gold bet in place.
Right now, gold is behaving more like money than a commodity or investment. It is competing with central bank fiat money for asset allocations by global investors.
Few others in the world know gold like economist, intelligence expert and author Jim Rickards.
Many of the world’s smartest investors fear the worst and hate stocks, but love gold. If you ask me, that doesn’t make any sense. Here's why...
Do not buy another ounce of gold until you read the three main arguments mainstream economists make against gold… and why they’re dead wrong.
Is it any wonder that the price of gold is on the rise? If you’re yet to bolster your portfolio with bullion or gold stocks, don’t worry, it’s not too late.
The likes of GST on Gold bullion reflects the government’s complete ignorance of the value of bullion. They don’t see the value gold has in the monetary system.