Why gold, you ask? Well, the simple answer is if people continue to rely on paper money then they will end up impoverished. But many intelligent people the world over continue to build vast personal wealth empires with paper money. But it is their’s to lose.
Commodity prices seesawed this week as a slew of economic reports depressed the markets and the U.S. government launched another initiative to promote economic recovery.
A disturbing report from a leading money management newspaper suggests that U.S. pension funds have sustained heavy losses in 2008.
Researchers from major U.S. banks claim that the impact of the proposed stimulus package may be smaller than meets the eye.
The U.S. is likely to face rapidly escalating inflation within the year, as the government moves to print money quickly, a new report suggests.
Gold and silver prices are down, and people are selling (blood in the streets). And the long-term commodity bull market is still intact. This bleeding correction suggests a couple of positive situations—it will extend the bull market and it is the greatest buying opportunity for gold and silver stocks as well as silver and gold coins. I do not believe that this current credit crisis is to culminate in a great financial collapse, as many writers expect. But after this financial season comes the deluge. More on America’s economic woes when you read this article…
In the current economic climate, it is common to hear people speak about the need for banks to relax their lending standards and start approving loans again.
From homebuilders’ perspective, 2009 is likely to be a washout year, a panel of housing experts has predicted.
As the damaging effects of the financial crisis continue to spread, there has been a tendency for people to turn to the government for solutions.
The price of gold rose by more than 3 percent on Tuesday, as more investors turned toward the precious metal as a safe haven for their wealth.