Investing in precious metals 101

Tag Archives: precious metal

  • Insider

    Off The Cuff: Central Banks Are Net Buyers Of Gold

    How times have changed. Now 'everyone cares' about gold.
    by Adam Taggart

    Thursday, October 24, 2019, 3:00 PM

    1

    In this week’s Off The Cuff podcast, Chris and Jeff Clark discuss:

    • Central banks are now net buyers of gold
    • China and India are buying like crazy
    • Why the gold’s prospects haven’t been this good since 2003
    • Why silver remains the even better bargain at today’s prices

    Several years ago, Grant Williams famously explained bullion’s lackluster price action was because “nobody cares” about gold.

    How times have changed.

    Gold is back at $1,500/oz and appears to be consolidating in preparation of another move higher. As Jeff Clark tells us in this week’s podcast, suddenly EVERYONE seems to care about gold:

    Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

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  • Podcast

    Turd Ferguson: The Highs In Gold Are Ahead Of Us

    The reasons to own it never changed & are now more important than ever
    by Adam Taggart

    Tuesday, June 4, 2019, 6:52 PM

    11

    With the world re-entering a period of greater economic instability, with the central banks painted into a corner, with global stocks looking weaker by the day, the price of gold is starting to shine again.

    The yellow metal has recently hit all-time highs priced in a number of world currencies (the dollar not among them…yet).

    Is this a short-term result of ‘risk-off’ fever as the markets have stumbled, to be undone during the next rally in stocks? Or are we seeing the beginnings of a more fundamental re-pricing of gold (and silver), as investors wake up to the currency risks created by more than quintupling the world money supply within less than a decade while simultaneously buring the economy under trillions of newly-minted debt?

    Craig Hemke, better known by his nom-de-plume, Turd Ferguson, explains why gold looks like it finally has a brighter future ahead.

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  • Blog
    © HandmadePictures | Dreamstime.com

    Charting Gold

    What the charts are telling us
    by charleshughsmith

    Tuesday, April 30, 2013, 1:51 PM

    3

    Few investment/finance topics spark as many strong emotions as gold, for its adherents and detractors are equally committed to their views, and equally unlikely to switch camps.

    Adherents view gold as the only real money in a world of constant currency debasements, while detractors don’t see gold as an investment, as it lacks a yield and price-earnings ratio.

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  • Podcast
    © Aleroger | Dreamstime.com

    Robert Mish: Front-Line Evidence That We Are Nowhere Near a Gold Bubble

    At closest, we're at a "2" out of 10
    by Adam Taggart

    Friday, March 9, 2012, 8:46 PM

    54

    Robert Mish has been a precious metals dealer for nearly 50 years and knows what gold bubble mania looks like. We are nowhere near that stage, in his opinion.

    Instead, he sees a US populace largely unappreciative of holding precious metal as a store of wealth, and engaged in a slow process of dis-hording their gold and silver to eager foreign buyers, who are more than happy to take the bullion back to their shores.

    In terms of where we are on the gold mania spectrum, he sees us at a "2" out of 10.

    But he foresees a very rude awakening ahead, as the populace eventually wakes up to the increasing damage that our over-debted global economy is doing to the purchasing power of world currencies. Because when the general investor finally realizes the protection the precious metals offer against currency debasement, much of the retail supply will already be out of the system, in very tight hands and largely overseas.

    Moreover, when supply gets tight, there will be more challenges to obtaining physical bullion during a buying mania than there were during the last mania in 1980. There are many fewer local sources to exchange bullion these days, as much of that business is now transacted by online vendors dependent mail delivery to ship product, and they are more vulnerable to supply chain disruptions.

    Be sure you're aware of how the form in which you hold your bullion will affect the price you get during a buying frenzy, when refining capacity is overwhelmed. You may find that your gold or silver sells at a hefty discount because it's not in a preferred format for trade.

     

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  • Blog

    Turd Ferguson: The Inexorable March Higher For Precious Metals

    by Adam Taggart

    Friday, November 11, 2011, 3:14 AM

    0

    Turd Ferguson is a funny guy.

    But there’s one thing this irreverent, acerbically goofball forecaster is stone-cold serious about: the need to build personal exposure to the precious metals.

    For him, it’s a straightforward mathematical certainty that the global economy must collapse under the weight of the excessive (and exponentially compounding) credit amassed over the past several decades. The debt is simply too large to be serviced.

    As a growing number of analysts (including Chris) are predicting, Turd sees the replacement of the world’s current monetary regimes as the endgame to this story. And he believes we are watching that endgame unfold in real-time now.

    In this interview with Chris, Turd discusses his reasons why gold and silver offer the best prospect for preserving wealth through the coming devaluation of world currencies, despite his strong conviction that the markets for these metals are heavily price-manipulated.

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