Ben Bernanke speaks and puts the lie to everything that “The Community Organizer In Chief” has been spouting in this, the beginning of the fourth year of his reelection campaign. Wouldn’t it be great if we had a President that put the country’s needs above his own? Refreshing yes, but don’t count on it, because the establishment Republicans are doing everything that they can to [...]
Oil and gold are connected and the relationship is becoming more evident every day. One is an expression of power and expansion and the other is a store of wealth. Both bring wealth to the nations that hold them as is demonstrated by the growing wealth of China as they acquire more and more physical gold, and by the wealth that Saudi Arabia has generated [...]
We have had the “Arab Spring” and now it looks like we are about to enter the “The Russian Winter”. Make no mistake about it, there are no similarities to these movements. The aforementioned “Arab Spring” was touted by the media as democracy sprouting in the Arab nations, when in reality it was the Muslim Brotherhood employing their “useful idiots” to seize power and unify [...]
As I look at the gold market this week, I can’t help but think, what’s wrong with this picture? The excesses of European socialism are playing out in the European debt crisis. Greece is toast and Italy, France and Portugal may not be far behind. The question now becomes will the Euro survive? It doesn’t seem likely unless Germany throws itself onto the fires of [...]
Learning how to put gold in your IRA is not a difficult task, but it does take a little thought before you go down that path. There are a few things to consider that might have ramifications down the road. With that being said, let’s take a look at how to put gold in your IRA, while possibly explaining why you would want to. We [...]
It is time to pause, inhale and take a good look at what is going on with gold. The last two weeks have been a wild ride that some “pundits” have said spells the end of gold’s bull run. Those are the same uniformed “pundits” that have been calling the end of this bull run ever since gold hit $500 per ounce. You should know [...]
Monday should be a really interesting day for the general equities markets and gold for that matter as we wait and see what the results of the downgrade dust up will be. For the first time in its history, the U.S. has been downgraded from Triple A to Double A+ by Standard & Poor’s, which puts the U.S. on a level with Belgium while Canada, [...]
If there is one question that comes to mind this week it is this: Why are gold stocks going down while spot gold is going up? “Pravda”, aka the U.S. press, has manged to misdirect the markets into thinking that the “debt ceiling” is the story, while totally ignoring the real problem, which is the U.S. debt. The two are totally different. The debt ceiling [...]
It appears that while the “full faith and credit of the United States Government” is hanging in the balance, “The Community Organizer in Chief” is content to be dancing on the ceiling in order to position his opponents for defeat in the 2012 election. What ever happened to “ask not what your country can do for you; ask what you can do for your country?” [...]
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