The powers that be are circling the wagons in Europe, trying to figure out how to make every effort to convince people of two things, each of which is virtually impossible: 1) That the various disparate European powers actually CAN come to terms on a coherent, consistent financial stabilization plan where all countries are held…
DetailsGold has now outperformed equities for 2012, and though we’re only halfway through the year, there’s good reason to believe that precious metals will continue to hold or outperform stocks. Here are the reasons why: 1) Japan’s aging population and recently renovated-through-natural-disaster infrastructure is under-performing and will directly affect our ability to sell electronics and…
DetailsThe Germans have started to realize there’s no way out form the currency crisis that is quietly drowning the Eurozone countries one by one. So Angela Merkel suggested a 5-10 year plan!! Seriously? How about a five-week plan? Time is running out for Europe…This is Angela fiddling while Rome financially burns.
With the release of the latest Confidence Board’s depressing results – the lowest since May of 1980, the opportunity for buying gold remain abundant. If you are not diversifying with precious metals, you’re missing your “Apple” moment. No doubt, two years ago thousands of investors looked at Apple (APPL) when it was $200 a share and said,…
DetailsThe price of gold today in Houston, TX is 1557.00 per ounce. Euro debt continues to drive investors to the USD as a safe haven and this has the effect of keeping gold prices restrained. At current prices, if you sell 14K gold scrap you can get as much as $24/gram…
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