Are Central Banks the “Ultimate Herd” in the Gold Market?

Our Archive

Search completed

Thanks at least partly to contrary investing legend Gordon “Goldfinger” Brown, who sold 395 tons (60%) of the UK’s gold reserves between 1999 and 2002 for a whopping average price of $275 per pound (Wikipedia), central banks have been known as contrary indicators on gold. With the masters of the universe now beginning to load […]

Read More

by Carl Swenlin On April 27 I wrote an article titled, Gold At A Decision Point, wherein I observed conditionally that things looked favorable for the start of another leg up. Since then, the technical picture has improved slightly, but it still feels like a struggle. (This is a recent excerpt from the blog for Decision […]

Read More

The gold standard these days has been reduced to a distant memory and fantasy of hard money proponents.  IF we returned to a gold standard, would all our problems be fixed?  No, contends monetary expert (and parter of the late great Harry Browne) Terry Coxon – but the reality of the current monetary situation would […]

Read More

With gold successfully holding the $1520 mark after three tests, David Galland believes savvy investors should use this pullback as an opportunity to purchase gold and gold stocks.  I agree with him on gold, though I’m not yet convinced about the mining stocks themselves (more on this later today). Gold’s “Contrarian Moment” By David Galland, […]

Read More

Here’s another interview with Rick Rule (also see his recent interview with Jim Puplava) – the subject of this one is heavily focused on junior resource miners, as he sits down with Louis James at the recent Casey Research Summit.  I always love his catchphrase that you’re either a contrarian or a victim. Rule likes […]

Read More

What better way to capitalize on this epic bull market in gold than to own the junior miners – a highly volatile call option – right? If the past two years are any indication…maybe not.  While gold, even with the recent pullback, has had quite the move: There’s been no mistaking the trend in gold […]

Read More

If you’re interested in buying and storing physical gold, you probably want to do so outside of your home country.  If you’re a US citizen, and the government goes FDR on you, you’re not going to want your bullion on US soil! But what’s the sanest country available for this purpose…now that the Swiss appear […]

Read More

China is projected to surpass India as the world’s largest consumer of gold this year.  The South China Morning Post reports: China is poised to surpass India as the world’s largest gold consumer this year, with demand projected to climb 20 per cent, while India’s bullion buying will remain dampened by the weak rupee and […]

Read More

Analysts agree – they’re wildly bullish on gold!  From Hard Assets Investor: The analyst community remains overwhelmingly bullish when it comes to gold in 2012. Respected precious metals consultant GFMS came out Tuesday with its call for $2000/oz gold within the next year. “Concern over nearly all currencies’ long-term value remains acute, and this includes […]

Read More

The fascinating story of Marion Szablicki, as reported in Marc Faber’s Gloom, Boom and Doom Report *** My economics education was started as a child by my grandfather, Marion Szablicki, who was a living testimonial to the value of gold. Notably, toward the end of his life at 99 years of age in 2010, he felt […]

Read More

About Author

Brett

Hi, I’m Brett Owens – and I’m a financial junkie. My “problem” started incollege, when I got a little dose of the stock market – man, was I hooked…in no time, I was reading the Wall Street Journal religously.

Sign up for our Newsletter

Categories