On a day when I read that rising fuel prices are putting a pinch on the world's oldest profession I am reminded that there are commentators that can laugh in the face of creeping economic woes.
It ain't over til it's over. That was the message from investing legends Warren Buffett and George Soros yesterday, and the market is taking heed today.
Jim Rogers was his usual outspoken self when interviewed on Bloomberg's Morning Call.
Cramer is an over-the-top wind bag who I would not trust with a ten foot barge pole (he uses sound effects!) but he is observed and followed by many on Wall Street and his recommendations will lead to increasing speculative and investment demand and his prediction of gold over $1,650 per ounce is conservative. He does make the interesting point, however, that when the IMF talks about selling gold it is really buying paper currency; "and I don't want to stock up on paper currency right now."
Jim Grant, founder and editor of the highly respected Grants Interest Rate Observer and one of the world's leading experts on US and international interest rates and financial markets appeared on Bloomberg's "Taking Stock" on Tuesday, March 24.
Ron Paul appeared on CNBC's Kudlow & Company last week; making his case to abolish the Federal Reserve and work back towards the gold standard: Michelle Cabrera shouldn't sound so incredulous, didn't Jim Rogers appear on CNBC just recently saying the same thing? Int
It was obvious to any casual observer that debate about whether the US was in, or approaching a recession, was increasing. According to a January article in The Economist "[in] recent opinion polls, almost six out of ten Americans believe the country is already in a recession." And the media are increasingly willing to confront the situation head on.
Presidential Candidate Ron Paul in his role as member of the House Banking Committee got a chance to question Federal Reserve Chairman Ben Bernanke on the current state of the economy. 'Helicopter' Ben, as he is known in some quarters due to a reference he made in a speech to a statement made by Milton Friedman about using a "helicopter drop" of money into the economy to fight deflation, could be said to be at the opposite end of the monetary spectrum to Ron 'Gold' Paul (interestingly in the same speech Bernanke noted that "people know that inflation erodes the real value of the government's
CNBC conducted an Interview with Stephen Flood, director of Gold Investments, this morning. How High Can Gold Go? "Gold is doing exactly what it should do in this market: it is reacting to risk.
Max Keiser, the self-dubbed 'financial activist' and occasional reporter for Al-Jazeera's current affairs program People & Power, is given the youtube treatment with his prescient though irreverrent advice. 'Buy Gold!'
What's the Outlook for Gold, Silver? Gold has been one of the best performers of late, trading above $700 per troy ounce.
Gold and Silver Bullion - News and Commentary Gold prices notch fifth week of gains in a row (MarketWatch.com) Gold notches 5th week of gains, palladium hits record (Reuters.com) London Housing Woe Endures as Prices Drop to 2 1/2-Year Low (Bloomberg.com)[...]
Goldnomics Podcast - Gold, Stocks, Bitcoin in 2018. Everything Bubble Bursts? [iframe sandbox="allow-popups allow-same-origin allow-scripts" src="//player.blubrry.com/id/29580649/#time-0&darkOrLight-Light&shownotes-ffffff&shownotesBackground-444444&download-ffffff&downloadBackground-003366&subscribe-ffffff&subscribeBackground-fb8c00&share-ffffff&shareBackground-1976d2" width="300px" height="138px"] Press play to listen to podcast In this our first GoldNomics podcast we take a look at the major financial market themes[...]
Gold and Silver Bullion - News and Commentary Gold prices inch up as dollar hits 3-yr lows (Reuters.com) Dollar stoops to three-year low, euro shakes off Merkel coalition concerns (Reuters.com) Gold rebounds and rises to $1340 as USD slides (FXStreet.com) Bitcoin[...]