By directing profits in overpriced stocks and related assets, investors can procure gold and silver and related shares at or even under the intrinsic value.
Peter Boockvar explains why he believes the Fed Pause will be crucial for precious metals. Furthermore, we discuss the latest Gold and Silver price rally, the euro crisis, the Philly manufacturing index, and more.
Finding just the right word brings great pleasure to writers like me. As I think and write about the Federal Reserve, the word “hubris” keeps coming to mind.
Throughout the recent gold and silver selloff, one standout feature has been that the banks continue to buy back futures contracts.
Does this mean that the selloff is over?
When you choose to invest in gold it can be confusing to know the best way to add it to your portfolio. Should you buy gold bullion? Should you buy a gold ETF? Or maybe gold mining shares?
The trend may indicate a response by the BIS and bullion banks to implementation of "Basel III" regulations, which make the unallocated gold business more burdensome for bullion banks.
Financial security and lifestyles are falling much faster than what is currently being officially acknowledged. This is minor compared to what is underway in many other nations.
The only way to return to a rational economic system is to end the Fed. If there is not sufficient support to end the Fed, Congress should still audit the Fed and create competition...
