Posts Tagged ‘gold is money’
Which is it? Risk vs. Return, or Weight vs. Wait?
I read a short piece yesterday penned by Greg Orrell, President of OCM Gold fund. He summed up in a nutshell that "ZIRP" and following the "rule of law" when winding down a bank(s) cannot exist together. The "rule of law" being that when you deposit money in a bank and exceed the insured amount the old saying "you pays your money... you takes [...]
There is an Exception to the Rule
READ THE FULL NEWSLETTER Gold isn’t an investment, gold is money. If gold goes up 100% or 150% you really aren’t ahead, but you can keep up with rising prices. That’s the general perception of gold. But, as in all things, there is an exception to the rule. I’m going to tell you a story now, one that will show you how to take [...]
The problem faced by the Fed in trying to support the dollar
READ THE FULL NEWSLETTER Be sure and read the quotes, above – especially the first Sinclair quote. Trust what he has to say. I do. Yes, I believe that gold is headed to $4000 or higher during the 2015-2017 period, and the dollar is in danger of a massive devaluation. Sinclair, as usual, tells it like it is and pulls no punches. Be [...]
The Most Important Wisdom I Can Impart
Read the Tuesday Afternoon Wrap-Up for 12/4/2012 and the Wednesday Morning Commentary for 12/5/2012 I was all set to write of a different topic, when Bill Holter’s Report came through my email… So how should you really look at it? – Bill Holter, Miles Franklin The most valuable tool I learned on Wall Street was repeating key themes; [...]
International Breakout!
Read the Monday Afternoon Wrap-Up for 11/26/2012 and the Tuesday Morning Commentary for 11/27/2012 In many ways, my September 5th RANT - “DOLLAR-PRICED GOLD” – was one of the most important I’ve ever penned. In it, I wrote: …the MOST IMPORTANT point in understanding REAL MONEY; and ultimately, the key to the Cartel’s demise - and [...]
Cash For Gold: For Some It’s Their Only Means Of Survival
Kerry Lutz of the Financial Survival Network speaks with Bill Holter. Holter explores the Cash-For-Gold craze that has been sweeping the ever poorer Western World. In Greece, Spain and other countries, people are lining up to sell the family jewels. In the US, the justification has been that gold is at record highs and has nowhere to go but down. [...]
Some may think of us as “Perma-Bulls”
READ THE FULL NEWSLETTER The vast majority of articles that I read focus on short-term trends. They must think that we are nothing more than a bunch of “traders” and gamblers. Since I started writing this newsletter, I have made it a point to present Richard Russell’s “big picture” and “primary trend” analysis to our [...]
Holy Grail of the Financial World
Read the Post Election Commentary and the Monday Morning Commentary for 11/12/2012 As much as I write, little matters in the context of my OVERARCHING MESSAGE. As David Schectman puts it, the sheer volume of daily content Miles Franklin publishes is “information overload” to many; particularly those with a long-term perspective; and more [...]
Infinity is a Pretty Big Number!
Finally after all these years I heard one of the in house CNBC analysts use Jim Sinclair's term of "QE to infinity." He said he was shown a chart of commodities and the correlation to the various QE's and it finally dawned on him that QE cannot be stopped nor even slowed without a collapse of asset prices occurring. Well DUH? Imagine that? [...]
Why is it important?
I've recently written 3 pieces regarding the world's central banks beginning to "question" other central banks and custodians. It is beginning to go beyond citizens asking these questions and having their doubts. But why is it important? What's the big deal even if it does turn out that they don't have the tonnage of Gold that they say or think [...]
