Posts On Gold

Gold versus Bitcoin – No Comparison

“Bitcoin hits $1,900 to reach record high with market cap up $4 billion this week alone”-cnbc.com. “As Bitcoin Soars, Is It The New Safe-Haven Play?” –Kitco.com Bitcoin has broken through $1900 for the first time today, as trade in Japanese Yen and Korean Won reportedly fuels today’s rise. The recent rise in Bitcoin-both in price and in the headlines-may have some investors questioning whether or not this is an “asset class” that they ought to consider. So far, it appears that Asian investors may be... Continue Reading

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Is Gold Undervalued?

The gold market is currently sitting at multi-month highs, and the yellow metal could potentially have more gains in store. According to a recent article from Kitco.com, the latest Bank of America fund manager survey showed one third of respondents saying that gold was the best hedge against protectionism. The article went on to state that with a net margin of 15%, the respondents said that gold was undervalued. The article then added that this was the second time investor sentiment has reached this level,... Continue Reading

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Massive Demand for Gold Coins

The U.S. Mint on Tuesday reportedly sold out of 2016 American Eagle one ounce, quarter ounce and one-tenth ounce gold coins. According to a report featured on Kitco.com, the mint’s data points to sales of 984,500 ounces of gold in various denominations of American Eagle coins had been sold year-to-date. This represents the highest level since 2011, when one million ounces in coin form were sold. According to the same article, the mint reported November as being the busiest month for sales, with total sales... Continue Reading

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Think Twice Before Selling, Or Three, Four or Five Times…

The gold and silver markets have been beaten up recently since the surprise Presidential election victory of Donald Trump. With higher stocks, strong risk appetite and a higher dollar index, precious metals investors have had little to cheer about in recent weeks. Some investors may even be considering selling their gold or silver holdings in light of recent market weakness. In our view, this is not only a big mistake, but is the exact opposite of what you should be doing. There are a number... Continue Reading

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Please Go Lower

We really hope that gold and silver prices continue to decline. Let’s say that again: We really hope that gold and silver prices continue to decline. Right now you may be a bit confused. Let us explain: We believe in the long-term potential of gold and silver. In our view, gold at $10,000 per ounce or silver at $250 per ounce would come as no surprise. Not only do we believe in such price potential for these precious metals, but -more importantly- we believe in... Continue Reading

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3 Reasons Why You Cannot Afford to NOT Buy Gold Right Now

As major proponents of physical precious metals ownership, we often discuss reasons why we feel it is in your best interest to acquire and hold physical precious metals such as gold and silver. While we can list numerous reasons for our opinion on the matter, we also felt it might make sense to address why we believe you simply cannot afford not to own physical gold, silver or ideally both. The three reasons listed below are in our view very legitimate concerns. Ignore them at... Continue Reading

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Three Reasons to Buy Gold Right Now

Although the U.S. economy has seen a comeback from the clutches of the recent Great Recession, world economies are currently faced with a number of key issues that could potentially shape monetary policy and global growth for years to come. While we believe there are numerous reasons to buy and hold physical gold bullion (as well as other physical precious metals), there are three significant reasons that we feel are simply too important right now to ignore right now: The upcoming Presidential election: The current... Continue Reading

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“Rich Dad” Author Robert Kiyosaki’s Thoughts On Investing For The Long Term

“We’re on the edge of a cliff right now. When you’re investing for the long term in the stock market where there is no connection between stock price and reality, you’re crazy.” –Rich Dad Poor Dad author Robert Kiyosaki In a recent interview with Marketwatch.com, Robert Kiyosaki had some very interesting things to say – things that make a whole lot of sense. When discussing how the rich get rich, Kiyosaki discussed how the rich don’t work for money. He also discussed how one of... Continue Reading

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The Earlier the Better

The idea of saving early and often is widely publicized in financial media, and this notion is certainly grounded in some very time-tested and solid principles. In fact, it has been shown time and time again that those who start saving early in their working lives and continue to save throughout their working lives can amass some very considerable fortunes. In our view, there are two things that make this possible. The power of compound interest The power of dollar cost averaging Should you look... Continue Reading

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Simple Advice for First Time Gold Buyers

Congratulations…You have decided to begin investing in physical gold. While the notion of buying and holding physical gold coins, bars or rounds may seem daunting to new investors, in reality the process is quite simple. If you are just beginning your journey on the road to a more secure financial future, the following simple tips will make the process more convenient and enjoyable: Make a Plan: Physical gold ownership should be viewed as a process, and not simply a one and done endeavor. We recommend... Continue Reading

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