Gold

Understanding Gold's Massive Impact on Fed Maneuvering

gold

Just about everyone knows Alan Greenspan. As central bankers go, he may just be the most famous ever. Even today, 1 in 6 Americans still think he's the current chair of the Federal Reserve.

As Fed chief from 1987 until 2006, Greenspan oversaw the latter part of the greatest stock bull market in history.

For that, some called him "The Maestro."

From other quarters, the names are far less flattering. Many blame him for inflating massive stock and real estate bubbles, resulting in financial devastation across the economy.

Well, these days Greenspan is acting rather schizophrenic. In fact, you won't believe what he's saying now, unless you understand where he's coming from.

Given the havoc its wreaking on market stability (while ostensibly doing the opposite), it's absolutely critical to look back at Greenspan's handiwork to try to make sense of today's Federal Reserve maneuvering...

Not All Gold Is Created Equal: What to Know Before You Buy

gold

If you own gold, or are thinking of buying some, here's something you need to consider...

It's not all the same.

Some, like fake gold-painted lead ingots, has no value whatsoever.

Some gold said to be in storage or in the ground may not even be there at all.

There are a number of aspects of gold's quality, whether it's real or even exists, that every investor needs to know...

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Why Gold Prices Are Down Today

WHy Gold Prices are Down Today

Gold prices took a beating Tuesday, plunging nearly 2% and marking the yellow metal's worst day of the year.

Spot gold prices fell to a low of $1,228 an ounce intraday, but managed to claw back some gains in the afternoon. Still, even fresh Consumer Price Index (CPI) figures showing a slightly higher than expected read on inflation in March failed to goose gold prices much.

Here's why gold prices are down today.

Gold News: China Poised to Overtake India as Biggest Gold Consumer

Gold Price Drivers 2014

Demand for gold in China is skyrocketing. Thanks to an enriched and growing middle class, China's gold consumption will reach a record 1,000 tons this year - up a whopping 29% year over year. At this pace, China will soon surpass India as the world's biggest buyer of the yellow metal.

Imagine what this will do to the price of gold over the next few years...

"Democratize" Gold and Give the Government a Black Eye

We all know that, so long as the Fed keeps the printing presses on, the risk of a worldwide currency crisis gets even higher.

Gold, of course, is the timeless hedge here - for all the reasons you and I know.

But are we truly prepared for a currency crisis?

Much of the gold in the United States is owned by big institutions: the Treasury, the Federal Reserve, and bullion banks. So, if a currency crisis hits, their 8,900-ton hoard won't do us a bit of good.

But there is one country whose "democratic" approach to gold ownership will allow its people to survive a currency crisis, literally, in fine style.

Not only that, but this country's people are giving their government a whopping black eye for its heavy-handed ways in the process.

Here's what's going on there...

Why Gold Prices Are Down Right Now

gold bars 2

Inflation and crisis – of which we’ve had plenty – historically drive gold prices up, and yet the London spot price has fallen 24% since Jan. 2. Like the infamous honey badger, gold prices just don’t care. But the reasons for gold’s continued fall, in spite of the apparent decay of the world, just might surprise you.

Here’s what’s been dragging gold down...

How Gold, Oil, and Syria Really Mix… Plus "3 Strikes Against Apple"

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The goal here is simple: To provide understandable, actionable, and, of course, profitable answers to your thoughtful and extremely insightful questions.
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