As of writing this, gold is selling for US$1,241 per ounce – a bit of a surge since yesterday’s bad economic and housing news out of the USA. So the question arises … is now the best time to buy gold, or is it already too expensive?
Jeff Clark has the answer in: You’ll Buy Gold Now And Like It!
In the current economic environment, it’s not the “next best thing” that is so important, but what NOT to do – as Doug Hornig reveals in his article: The 10 Biggest Mistakes Investors Must Avoid in The Coming Decade
While many commentators, including myself, recommend holding a substantial portion of one’s cash in gold, what is not often discussed is the potential for supply problems – once the gold market really takes off and more people move into the market.
Jeff Clark conducts a fascinating interview with two guys who have an intimate knowledge of the supply side of the gold market – and what they have to say is a little disturbing …
Terry Coxon has some important things to say on why you need to vigorously protect what is rightfully yours :
“If everything you own is held in your own name in your own country, then you are not merely exposed, you are vulnerable absolutely, to whatever decisions the government might make about how you should behave and who gets the wealth you’ve earned. Tomorrow’s new government measure, which might land out of the blue, could be a law that affects everyone, or it could be a rule devised to deal with people like you. Or, it could be an administrative action aimed at you alone. In any case, with all your assets at home, you’d find out how the lobster feels when his trap is being hauled out of the water. Nothing he can do about it.”
Click here to read the rest ….
I’ve just published a 17 page free report which I’ve entitled: 8 Critical Steps You Can Take Now To Survive And Thrive During The Coming Global Financial Crisis
It’s brief and to-the-point, but it includes serious information as to how you can best prepare for the economic storm that is bound to come.
You can download your copy from HERE.
Jeff Clark thinks so – and explains why and how.
Jeff Clark has noticed an interesting fact. From April 2009 to April 2010 gold stocks mirrored the S&P. But not any longer. It appears that gold stocks are now tracking the gold price – something which is very significant, as explained in: Time to Board The Gold Stocks Train?
A few weeks back, and noted in this blog, a rather interesting news snippet surfaced regarding the installation of the world’s first gold-vending ATM in Abu Dhabi. At first glance one may wonder how such vending machines will fare. Will anyone use them? I guess installing one in Abu Dhabi is a good test “site” as people there have an affinity with the precious metal.
The latest news is that yet another company is to enter this new market – and they introduced their new gold vending machine in Las Vegas, USA a few weeks ago.
Is this an emerging trend? It would appear that certain entrepreneurs certainly think so. And George F. Smith sees something with a lot more potential emerging here, as outlined in his essay: ATM Salvation
It doesn’t take rocket science to realise the world needs energy – and in increasing amounts. What’s more, our primary energy resource – oil – is certainly finite. And even if there is no general agreement as to when it will run out – it will run out in the end.
Picking where the energy profits of the future are is the business of anyone who wants to invest in energy, and this interview between two experts – Dr Marc Bustin and Marin Katusa – provides a very good introduction to the subject and looks at where profitable energy investments are likely to be found.
The Dr And the Dealman: An Energy Update
I get to hear this comment often, that rises in the gold price represent some sort of bubble. Well Jeff Clark presents a “picture” that is worth a thousand words – and dispels the myth immediately – For The Last Time – Is Gold in a Bubble?
