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.
Rickards and Butowsky on Bloomberg Stocks and Gold
Jan. 24 (Bloomberg) -- Ed Butowsky, managing partner at Chapwood Capital Investment Management LLC, and James Rickards, senior managing director of Tangent Capital Partners, talk about the U.S. economy, investment strategy and Federal Reserve monetary policy. They speak with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
Rickards on GOLD: Gold "Not a bubble.." $3000 Gold reasonable. $7000 possible, recommends 20% allocation for aggressive investors.
Video Interview HERE: http://youtu.be/LtNinfLrebI
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