gold

One theme that has captured the imagination of many investors has been the debasement of paper money and the dramatic rise in gold prices. Gold has risen 27.6% in dollar terms thus far this year (24% in euro terms, which reflects 3% euro…

Economists are telling us that the economy is decelerating rather quickly. What does that mean for stocks, in either a recession or no-recession scenario? Jim Bianco was on Bloomberg Television yesterday with some insightful comments about…

Gold’s 30 percent parabolic move from July 1 to September 6 is beginning to falter. Maybe the yellow metal is just out of gas and needs to consolidate a little or maybe it’s something bigger, such as the liquidity issues in the European…

Economic policy has become more important than ever in the investment world. And the degree of policy uncertainty only increases as bailout and deficit fatigue battle it out with liquidity uber alles and financial repression as the policy…

Here is a chart of the relative performance of various asset classes over the past year. One asset class outperforms the others… by a wide margin.

According to an Ernst and Young (E&Y) report Business Risks Facing Mining and Metals 2011-2012, resource nationalism is the biggest risk companies currently face.

Andy Lees takes a sceptical view of fiat currency and the excess credit it has created over the past forty years and uses a few charts to demonstrate his points.

In characteristic form, the currency traders and those who trade in what is dubbed "financial news" woke up last week and discovered, à la Rip Van Winkle, that the Swiss franc was a haven currency charging higher. Never you mind that it has…

The front page of Germany’s top selling newspaper, Bild, “has forsaken its usual topless model in favor of gold bars… which the paper is giving away all day."

We’re not taking a victory lap here but think gold is now in the midst of a massive repricing as a legit global currency/store of value. Central banks are buying even at prices north of $1,500 per ounce. These are strong hands and not the…