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.
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Showing posts with label Market Watch. Show all posts
Showing posts with label Market Watch. Show all posts
Was that the bottom in gold?
Why gold could lose its glitter in 2012
SAN FRANCISCO (MarketWatch) — The bloom is off the golden rose.
Investors who have recently jumped on the gold bandwagon will need plenty of patience this year, as the anemic global economy and better prospects for the U.S. dollar combine to dim gold’s allure.
While buyers are likely to see their gold holdings rise in value for a 12th consecutive year, any advance is expected to be... STORY HERE
Investors who have recently jumped on the gold bandwagon will need plenty of patience this year, as the anemic global economy and better prospects for the U.S. dollar combine to dim gold’s allure.
While buyers are likely to see their gold holdings rise in value for a 12th consecutive year, any advance is expected to be... STORY HERE
Gold gains as euro zone debt concerns resurface -WSJ MW
SAN FRANCISCO (MarketWatch) — Gold futures advanced on Wednesday, making up for some of their weak showing on the previous session on resurfacing concern about the euro zone and continued geopolitical concern about the Middle East and Africa. FULL STORY
WSJ MarketWatch Kurt Brouwer says gold speculation could end badly
Gold's Rise May End Badly for Investors
Nov. 11, 2010
Many investors expect gold to protect their portfolio from economic uncertainty, but gold's recent sharp rise is being fueled by speculation that could end badly for buyers, says Kurt Brouwe.
Nov. 11, 2010
Many investors expect gold to protect their portfolio from economic uncertainty, but gold's recent sharp rise is being fueled by speculation that could end badly for buyers, says Kurt Brouwe.
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