Category: Precious Metals
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Fractional Reserve Gold Bullion
Q: A roughly 20-year bear market in gold and gold mining shares ended approximately with 9/11. What role, if any, did 9/11 play in this major market turn? A: First of all, my view is that markets are made by human reaction to events. The reaction is a subjective judgement. Objective events do not move…
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How Much Gold Was Under WTC Complex?
American Free Press WTC Complex by Keith Johnson, Aug. 27, 2011 In 2011, a coin dealership ran a television ad for a 10th-anniversary 9-11 commemorative coin that was allegedly “clad in .999 pure silver actually recovered from vaults beneath the ashes of Ground Zero.” That commercial provoked retired New York Police Department Captain Tom DePrisco…
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Masters of the Universe See Gold as Money
Q: The Bank for International Settlement, BIS, sounds like it is at the top of the financial order. Most people have never heard of it. Where can we get more information? A: Yes, it has been very low key. Deliberately so. But there is a, firsts and only, investigative book on the BIS published just…
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Predicting the Price of Gold
More about predicting the bottom in the Gold Market Q: James Sinclair is predicting that gold will rise to $50,000 per ounce. Do you agree? Market Commentary by Arthur Fixed A: James Sinclair, also sometimes called Mr. Gold, is a registered investment advisor in Marin County, California, USA. I am not an investment advisor. I…
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Finding Bottom in the Gold Market
Q: I have started to read Murray Rothbard’s Man Economy and State. How does this book apply to calling the bottom in the gold market? It seems to mean that the book is all theoretical. A: Most of what you read about supply and demand in the gold market will start with new supply from…
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Compounding and Pyramiding Compared to Capital Protection
This presentation is not a recommendation or solicitation. We will compare different approaches to how $100k could be employed with a common assumption that the price of gold will increase from $1,000 to $1,611, The first approach is to buy and hold gold bullion. The results would be, in USD terms, a profit of $61,100…
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Gold Market and the China Currency War
Q: What effect will the recent devaluation on the Chinese Yuan have on the price of gold? I expect that since the USD increased in value relative to the Yuan that it would be bad for the price of gold in USD terms. Am I thinking correctly? A: The devaluation is of no predictive value.…
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A Look at the World’s Gold Reserves
Currencies are backed up by gold as a form of security and used as a guarantee of payment. Although the gold standard was abandoned long ago, governments still have confidence in the precious metal and its worth has actually increased in the 21st century. History of Gold Reserves Although having no major chemical use, man…
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3 Tax Saving Plans for Gold Investments
Adding to the confusion of extensive tax laws is the fact that they change, says gold financial strategist William A. Storum. In 2013, for example, new tax laws moved the highest federal income tax rate from 35 percent to 39.6 percent. For 2014, if your taxable income topped $406,750 – or $457,600 if you’re married…