Tag: Gold
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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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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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Investors are more Optimistic – Weekly Market Overview
US stocks closed higher on Monday as market sentiment was bolstered by an agreement for a third bailout program between Greece and its creditors. S&P 500 closed 1.1% higher with all 10 main sectors finishing with gains. The dollar strengthened, with US Dollar Index rising 0.8% to 96.7520. European stocks rose sharply as Stoxx 600 gained 2%,…
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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…
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Gold and Cryptocurrency Coin
Gold Cryptocurrency Coin During the past year, the world’s UHNW (ultra high net worth) population reached an all-time high of 199,235 individuals and a combined wealth of US$27.8 trillion and these investors understand a gold backed cryptocurrency coin. Growth was largely due to North America and Europe, with the two regions responsible for a net…
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Invest Offshore in a Gold Mine
Recently an overview for a Gold Project in Brazil reached my inbox, so naturally I have been sharing the opportunity with qualified people in my Network. However, since I’m always in need of valuable content for Invest Offshore and because (as mentioned in my videos) I’ve decided to start publishing more commodity and investment products…
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Gold to Fiat to Gold
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…
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Gold Price Direction: Strengthening Your Portfolio With Powerful, Intuitive Algorithmic Indicators
Gold represents many different things to many different people. For some, the world of commodities trading is simply one of several elements within a larger investment portfolio. To others, gold represents a reliable and secure vehicle through which future financial security, particularly during retirement years, can be gained. That being said, the price of gold…
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Gold Backed Coin Cryptocurrency
Gold Backed Coin (GBC) is the world’s first virtual currency fully backed by gold – and it could change the way we think about virtual money. A relatively short period of time ago, the term cryptocurrency did not mean anything to most people. But this has changed since a virtual something named Bitcoin has entered…