For thousands of years Precious Metals (PM) such as Gold (Au) and Silver (Ag) have been utilized as real money for exchange, wealth store, and metric of value. While I am NOT an advocate of one single commodity backing our money (like a gold standard), I do believe that the price trend of PMs are the most important indicators of the value of fiat money, plus the crimes of corrupt banking corporations and governments that manipulate PM prices. The "Canary in the coal mine" is Gold - AuCanary.
Today's FINVIZ 5 Minute Charts - (for other charts go to the bottom of this page)
Click HERE for more real-time ADVANCED CHARTS and see the bottom of this page for more real time price updates.
Gold Stocks, SP500 & the Dollar – What’s Next?
Investors around the globe are concerned with the economic outlook, not only with the United States but with virtually every country. This has caused not only investors but banks and countries to start buying gold & silver in order to be protected incase of a currency melt down in the coming years. While the majority is concerned about the eroding economy, we have seen the opposite in the financial market. Gold and equities have risen… That being said the volume in the market remains light simply because the average investor is no longer putting money into the market for long term growth. Instead individuals are now focusing on saving and paying down debt. ... Full post - Gold and Oil Guy
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment