Global Capital. Clear Intelligence.
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. … Read more
Monetary scholar Edwin Vieira has observed that every 30 to 40 years the reigning monetary system fails and has to be retooled. He also noted that the average life expectancy for a fiat currency is 27 years and historically seems to flip between currencies that are backed (by gold) and those that are backed by … Read more
In my estimation, Central Bankers around the world have an acute fear of deflation. Their prescription has been (and continues to be) hefty doses of easy money. A plethora of British Pounds, and abundance of Euros, a deluge of US Dollars, a surplus of Swiss Francs. This is an ongoing and concerted strategy to avoid … Read more
Even though the FATCA legislation didn’t truly begin until January 1, 2013 (at least on paper), after only three months it has already had a widespread ripple effect across international banking and offshore investment. Anticipating the additional costs of complying with the extraterritorial United States legislation, many foreign banking and investment entities had already taken … Read more
Panama Gold Bullion – Small, Secure, Private The U.S. was once the center of invention, innovation, and inspiration; the home of the first light bulb, the first airplane, and the first solar cell. But over the years, the United States has been changing for the worse. The primary reason for this is too much control … Read more
World markets are shaky, intangible and fickle beasts on the best of days. When the worst happens (i.e. economic crisis, government coup, insert your own political agenda here), it’s reassuring to know your assets are safe. They are safe, aren’t they? Diversification is key to a solid performing investment portfolio. Every day on the radio, … Read more
The Perth Mint has unveiled the biggest and most valuable new Gold Coin in the world! Weighing a massive one tonne of 99.99% pure gold, this monumental coin embodies the pinnacle of ingenuity and innovation! The colossal coin measures nearly 80cms wide and more than 12cms deep. As the showpiece of the Australian Kangaroo Gold … Read more
THIS WEEK GOLD COVERED A $92.10 RANGE AND SETTLES AT $1636.10 FOR THE WEEK This week the December Gold Futures contract traded a technical $92.10 range as traders and investors tried to decipher the constant barrage of news from the European union along with the daily economic data. Without a doubt this week’s markets were … Read more
Why Holding Gold in Your Portfolio Isn’t Advisable… It’s a Must 15 Fundamental Reasons to Own Gold 1. Global Currency Debasement The U.S. dollar is fundamentally and technically very weak and should fall dramatically over the next few years. However, other countries are very reluctant to see their currencies appreciate and are resisting the fall … Read more