A few years after the global economy emerged from the economic crisis of 2008, commodity prices began to surge, thanks to ongoing robust demand from China. Chief financial officers at mining firms quickly realized that firm commodity prices implied robust future profit streams, and a broad range of new mining projects were put into motion.
I am a well-known "gold bug" because of my strongly voiced opinion that gold has been one of the best assets for protecting yourself from the US dollar's prolonged decline. Lately, the precious metals have taken a beating, and I've been called to defend gold's future prospects in the media countless times.
According to Singapore's president, Alain Vandenborre, Singapore is the only place in the world that "offers the required stability, neutrality and security" that Switzerland once provided. Apparently, they aren't the only ones who believe thi
If you are investing in gold, it's important to understand why! It's also important to understand your risk tolerance, timeframes, and the volatile nature of bull markets.
The bill is well written and extremely well thought out. It does not force companies to accept gold or silver (nor should it), it merely allows businesses to do so if they want.
Silver may be trading well off its highs above $40 per ounce, but investment demand has never been stronger. That opening day marks the highest one-day tally in the history of the Silver Eagle program dating back to 1986.
If the lame duck Congress does reach a budget deal you can expect a correction in precious metals prices, including silver. If the bigger deal on the federal budget gets pushed into 2013, which seems likely, expect gold to push closer toward the $1,800 mark.
I doubt Romney would have pursued good policies, picked good Justices, or given uplifting speeches, so I would have been unhappy regardless.
The most typical reasons people consider buying gold and silver fall into three basic categories.
The political fact is President Obama is going after families that make more than $250,000 a year, but keeps calling out billionaires.
Emails: Insurers Warned of Big Premium Increases, Requested and Received Expanded 'Bailout' | Guy Benson