You don’t have to live in the world of Peter Schiff gold hysteria to find the yellow metal an attractive investment.
Whereas the Peter Schiff gold price predictions are predicated on gloom-and-doom forecasts of massive hyperinflation and a worldwide financial meltdown, this shouldn’t be why you buy gold.
Economic calamity may not be imminent, but here's why you should still buy gold...
You don’t have to live in the world of Peter Schiff gold hysteria to find the yellow metal an attractive investment.
Whereas the Peter Schiff gold price predictions are predicated on gloom-and-doom forecasts of massive hyperinflation and a worldwide financial meltdown, this shouldn’t be why you buy gold.
Economic calamity may not be imminent, but here's why you should still buy gold...
April’s gold price drop led many investors to cash out, but physical gold buyers can’t buy fast enough. And this global gold rush isn’t slowing down... Read more...
The news is great at telling us what's happening. But understanding what's happening is what makes the difference between an average and a truly great investor.
Gold's crash on Monday is a perfect example.
The media fell all over itself talking about how gold was falling and how far it was off its highs. Yet few tied the devastating slide to real economic events let alone made the connection to actual trading.
But that's my bread and butter. And today I'm going to tell you what really happened and why.
Better yet, I'm going to tell you exactly how to play it...
Although Rogers admitted he wasn't going to be selling his hard assets, he predicted further consolidation and a near-term correction in the metals markets.
Predicting this short-term downturn, Rogers cautioned that gold had been on the rise for twelve consecutive years, a streak that was unparalleled. That was then.
This week, his prediction rang true as gold and silver prices took another huge hit. In the aftermath, gold prices are now down approximately 30% since reaching an all-time high in August 2011.
According to Rogers gold prices have even further to fall.
I’ll bet a few Cypriot bank account holders are paying much closer attention to gold now.
Since the announcement that Cyprus was looking to confiscate up to 10% of bank deposits, gold has risen by up to $24/ounce on safe haven demand. That’s no surprise. The yellow metal is not only real wealth, but the only asset that’s not simultaneously someone else’s liability.
Now that trust in the banks has broken down again, we’ve been given another hard lesson on the dangers of fiat money.
Here’s why this may be your last chance to buy gold so cheap...
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