Gold

Will Higher Interest Rates Derail Gold?

Over the past couple of years, a lot of popular theories related to the demise of gold have been proven false. A popular theory in 2009 was that a “green shoots” economic recovery would cause gold prices to collapse. That was a good one. Then there was the popular “contrarian” argument that the real threat was deflation, and that gold would sell off as a result. That theory is now…

Is Gold Flying Under the Radar?

It’s hard for Americans to understand that gold is an asset that reflects global confidence, not just confidence in America. So arguments against gold that are focused just on America are not entirely valid to me. Even if we solved our debt problems, which is unlikely, there still would be huge sovereign debt crises in the Euro zone and Japan. Although gold would not rise as much as it would…

Is it Time to Sell U.S. Treasuries?

I am getting awfully close to shorting U.S. government bonds. The debt crisis in Europe is heating up, and I foresee a domino effect globally. I still believe the U.S. crisis will hit last, but this doesn’t mean Treasuries have to rally the entire time. Sooner rather than later, there will be a tradeable long-term top in U.S. government bonds. I don’t think people understand how grave the situation in…

The Declining Confidence of Americans

I account for the real possibility of civil unrest when I make investment decisions. Civil unrest is one of those things that will have an inordinate effect on the gold price. If gold has come this far from good old government mismanagement alone, imagine how high it can go if Americans protest. It has been quite some time since protests due to a weak economy were even a remote possibility….

The Future Gold Price

What the future holds for the price of gold is anyone’s guess, but it’s worth a try. There are those who call gold a bubble, but they have been proven wrong time and time again. Gold has corrected and consolidated before rallying throughout this bull market, yet people still have the nerve to call it a bubble. This betrays a total lack of understanding of markets in general. The way…