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Gold and silver investing — Learning Center — futures, options and fx.
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Gold, Barbarous Relic
Zero rates discourage both savers and entrepreneurs and lead to resource mis-allocation. Entitlements sap initiative. Businesses aren’t hiring. Regulations are stifling job creation. Healthcare costs rising. Student loans for all; rising delinquencies add to deficit. Debt is piling up, never to be repaid. Fed’s balance sheet has ballooned. Do you think this can go on forever? Or could it end in a disaster for the US economy and investors? Nothing has changed in the past few years except that the Federal debt is bigger and the gold price lower than it was. The problems haven’t been addressed. Interest rates are still zero. Thinking about buying gold to preserve your purchasing power and assure your financial survival in rough times? Not sure what gold to buy or where?
NEW 3rd Edition (2012) of this popular ebook. An unbiased view by a bullion market specialist, Jerry White (ex-trading manager of a major bullion dealer, exec of a Comex depository, consultant to Comex, major refiners and coin wholesalers, and ex- director of international broker Brody, White & Co.). In this guide to protecting your purchasing power, White shares his experience with investors and looks at ways to acquire gold, silver, platinum and palladium and analyzes the benefits and costs of each. It’s not too late. Learn why you need this book.
Forex News
Updated 24/7.
- Investors: Learn about gold and silver.
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- Tony Robbins video: National Debt and Federal Budget Deficit Deconstructed The $15 trillion US national debt — how big is it really?
- Peter Schiff video:
The Real Crash: America's Coming Bankruptcy - Erste Group’s Comprehensive report on gold (Jul 2012). “The foundation for new all-time-highs is in place.” (pdf)
- Gold and the Eurozone crisis (World Gold Council) “How can countries continue to practise austerity while stimulating the growth required to pay down debt?” Can gold be part of the solution?
- Gold investor's guide: Create a precious metals portfolio. What to buy and where.
What Have We Become?
“The Constitution and the Bill of Rights embody the spirit of that eternal battle of individual liberty. There is no adaptation. There is only freedom or tyranny.” In our view, one of the best articles of this year. By Brandon Smith, Alt-Market
Invest in Gold and Silver to Preserve Your Purchasing Power and Assure Your Financial Survival in Rough Times
Realtime Spot Precious Metal Charts
Realtime Interbank FX Rates
The ZIRP Monster and Commodity Prices
“The NUMBER ONE SOURCE OF MARKET INSTABILITY is the zero interest rate policies of the Western Central Banks and the Bank of Japan. It is these institutions which have created this gigantic pool of hot money and who continue to increase it month after month all the while producing a near zero interest rate environment in which it is impossible to obtain a decent rate of return on investment capital for most people. This tsunami of hot money crashing ashore and then receding back only to crash ashore again and recede back out again, repeat ad nauseaum, ad infinitum, is what has given rise to the insanity that we now daily witness in the paper markets... Rather than having a calming or stabilizing influence on the markets, the ‘masterminds’ behind it have re-defined the word volatility. This wall of money is so fickle, so unwed to any deep-seated conviction, that it is a beast, a truly out-of-control behemoth that can easily devour the entire global financial system.” — Trader Dan Norcini (April 18, 2013)
Will gold ever go up again?
“Like everything else in the markets, gold bottoms and embarks on major new uplegs when everyone is convinced it is dead. Widespread fear soon leads to selling exhaustion, leaving only buyers. So gold soon starts rallying again, gaining momentum. This coming upleg has the potential to be very large as the euphoric, overbought, levitating stock markets inevitably reverse. Alternatives will quickly regain favor.” — Adam Hamilton for Zeal (April 12, 2013)
For the Self-Directed Precious Metals Investor
Between active traders and buy & hold investors are investors who don’t want to trade every day but also want to avoid the largest drawdowns. Here are resources that we have found helpful:
• The backbone of your precious metals portfolio should be in physical metals that you keep. Jerry White’s book will help you acquire your physical metals.
• ino.com is a valuable resource used primarily by active traders that provides charts, analysis and a discussion forum.
• For precious metals investors, there are several good premium advisory services that aim to help you catch the bulk of a medium-term rally and avoid the worst draw-downs. The key is finding one that suits your investing style. Check out Zeal based on technical and fundamental analysis, and Smart Money Tracker, based on cycles. For coverage of all markets, see the analysis produced by the Adens. The Financial Tap has a constructive (and free) discussion forum for investors.
• Gold and silver are volatile and very difficult to trade. To avoid being shaken out of your long-term gold and silver positions, maintain an unleveraged Core Portfolio (in addition to your physical metals) that you hold regardless of market moves. Then, if you really want to trade, create a Trading Portfolio separate from your Core.
What’s an SDR’s Value?
“The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries' official reserves. Its value is based on a basket of four key international currencies, and SDRs can be exchanged for freely usable currencies.” — IMF FAQs
"an expedient, not a solution" — James Rickards, Currency Wars (2011)
Official Monetary and Financial Institutions Forum Advisory Board Chairman Meghnad Desai favors extending the SDR to include the R-currencies — the renminbi, rupee, real, rand and ruble — with the addition of gold. “By moving counter-cyclically to the dollar, gold could improve the stabilizing properties of the SDR. Particularly if the threats to the dollar and the euro worsen, a large SDR issue improved by some gold content and the R-currencies may be urgently required.” — Gold, the renminbi and the multi-currency reserve system (Jan 2013)
RISK DISCLOSURE: Trading of equities, futures, options, forex and precious metals has large potential rewards, but also, in this era of ZIRP, large potential risks and is not suitable for all investors. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don't trade with money you can't afford to lose. We may earn a commission when you purchase one of the programs introduced on this site.