Analysts were warning that the gold market was ripe for a short squeeze rally as prices fell to a seven-month low earlier in the month, and they were proven right as the latest trade data from the Commodity Futures Trading Commission (CFTC) showed significant short-covering in gold and silver.
Although the First World countries will continue to be the riskiest countries in which to live at this time, the corner has clearly been turned.
Investors have included physical precious metals as part of their diversification plans, given their long history as a hedge against both inflation and during times of economic turmoil.
Volatility should be expected to remain high as investors will be closely watching for hints on upcoming monetary policy direction.
Those of us who are libertarians tend to speak frequently of the New World Order. When doing so, we tend to be a bit unclear as to what the New World Order is.
It’s no secret that governments tend to be fond of passing laws that obligate their citizens to the government.
The bond market’s selloff accelerated after a surge in U.S. hiring raised expectations that the Federal Reserve will need to raise interest rates again this year.
The final trading week of the month kicked off with stocks sliding on Monday, setting investors up for a losing month where much of the optimism of the early summer has fizzled into more tempered expectations of the Fed’s tightening campaign.
Gold has been mankind’s most enduring store-of-value asset because of its unique characteristics. Gold is durable, divisible, consistent, convenient, scarce, and most importantly, the “hardest” of all physical commodities.
An article by Jeff Thomas, feature writer for Strategic Wealth Preservation, Doug Casey’s International Man and 321gold.com In advising those who are considering international diversification, the most common misconception I hear is that “There’s not really anything you can do. The globalists are taking over the world and that means that there’s nowhere to go…
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