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| Mish - Global Economic Analysis |
Misconceptions about Gold |
Few markets are as widely misunderstood and subject to so many misconceptions as gold. Many of those misconceptions stem from gold's dual role as a commodity and money. This post will attempt to clear up some of those misconception with a few facts. Let's start with one key fact. Gold is Money
Gold is MoneyWednesday, May 27, 2020 |
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| Theodore Butler - Butler Research |
The Last Great Silver Buy |
In the annals of silver in the modern age, there have been two well-known instances of very large investor accumulations of the metal. First came the purchase by the Hunt Brothers and their associates in early 1980, followed by the purchase by Warren Buffett’s Berkshire Hathaway, 17 years later. The Hunts were said to control around 100 million ounces of actual metal (plus another 100 million ounces in long paper futures contracts), while Berkshire held as many as 129 million ounces.Now there isFriday, January 12, 2018 |
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| Andy Hoffman - Miles Franklin |
My Opinion on Bitcoin |
Miles Franklin Now Accepts Bitcoin!
Question: Why would Miles Franklin, a conservative and prudent gold and silver business, accept Bitcoin?
Because Miles Franklin wants to serve their EXISTING CLIENTS who wish to “cash out” of Bitcoin into something real, such as gold and silver, which have a reassuring 5,000 year history.
Call Andy or John at Miles Franklin (1-800-822-8080), sell your Bitcoin, and buy tangible gold or silver. Miles Franklin clients know that gold and silver will preserve weaFriday, December 29, 2017 |
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| Jason Hamlin - Gold Stock Bull |
Why Have So Many Financial Experts Have Been Wrong About Bitcoin |
The bitcoin price has rocketed roughly 1,500% higher in 2017 to around $19,000, before correcting to the current price at $15,000. The #2 cryptocurrency by market cap, Ethereum, is up more than 5,000% year to date and many of the altcoins that we track have enjoyed similar gains. Cryptocurrencies have been one of the best-performing asset classes of all time.
So, why have so many astute investors and otherwise intelligent people been completely wrong about bitcoin? Why do they profess to know itSunday, December 10, 2017 |
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| James Howard Kunstler |
Another One Bites the Dust |
If only abortion were retroactive, we could suitably deal with monsters like Senator Al Franken (D – MN), who apparently ventured to apply a breast adjustment to a female colleague asleep on the military airplane winging them home from USO duty in Afghanistan. This was back in the day when Senator Franken was a professional entertainer, a clown to be precise, but his career shift to politics has rendered all his prior clowning anathema.
Will he slink out of the senate in disgrace with (ahem) hisFriday, November 17, 2017 |
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| Deepcaster |
Profit, Protection, Despite Cartel Interventions—November 2017 Update |
Governments love [the war on cash]. Then they can control you...we are not going to have as many freedoms as we have now ...get prepared because we're going to have the worst economic problems we've had in your lifetime or my lifetime and when that happens a lot of people are going to disappear.“…the next time aroWednesday, November 1, 2017 |
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| Keith Weiner - Monetary Metals |
Falling Discount, Gold and Silver Get Powelled |
Warren Buffet famously proposed the analogy of a machine that produces one dollar per year in perpetuity. He asks how much would you pay for this machine? Clearly it is worth something more than $1.00. And it’s equally clear that it’s not worth $1,000. The value is somewhere in between. But where?
This leads to the concept of discount (which we mentioned in Falling Productivity of Debt two weeks ago). A dollar to be paid next year is worth less than a dollar in the hand today. One reason is thatMonday, October 30, 2017 |
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| Jan Skoyles - GoldCore |
Financial Advice From Man Who Made $1+ Billion in 1929 – Importance Of Being Patient and “Sitting” |
Editor Mark O’Byrne
– Listen to Jesse Livermore and ignore the noise of short term market movements, central bank waffle and daily headlines
– Stock and bond markets are overvalued but continue to climb… for now
– What goes up must come down and investors should diversify and rebalance portfolios despite market noise
– Behavioural biases currently drive markets, prompting legendary investors to be confused and opt out
– Lesson is to prepare portfolios for long-term and invest in assets that wiThursday, September 28, 2017 |
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| Sprott Money |
Gravity Rules: End Of The Bubble Is In Sight - Dave Kranzler |
“Even the intelligent investor is likely to need considerable willpower to keep from following the crowd.“ - Ben Graham
The quote above is from Ben Graham, considered to be the father of
value investing. Graham followed the crowd in 1929 and lost a small
fortune for himself and his investors. Graham collected his learning
experience from that disaster and eventually wrote, “The Intelligent
Investor,” which is considered to be the one of the best investment
books ever written. Warren Buffet Tuesday, June 13, 2017 |
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| Graham Summer - Gains Pains & Capital |
Relax, There Is No Housing Bubble |
Visit Full Archives At The Entry Points
Three heavy hitters in real estate – Darius Bozorgi, Veros CEO, Mike Fratantoni, Mortgage Bankers Association chief economist, and Douglas Duncan, Fannie Mae chief economist – all agree, “There is no housing bubble“. These real estate experts are all in agreement, and they believe the relentless house price increases are just from good old steady growth: “housing market progress really will be slow and steady”. And for “proof” of that slow and steady progMonday, June 5, 2017 |
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| Andy Hoffman - Miles Franklin |
Maybe They Just Don’t Want To Buy Them! |
Wasn’t it yesterday that I showed charts of “Dow Jones Propaganda Average” trading of the past week – during which, the PPT’s signature “dead ringer” algorithm held it up every day? And the day before, when I showed how the exact same algorithm has been used in China since its early 2015 stock market crash? Well, lo and behold, let’s take a look at this morning’s Chinese stock trading – whilst Chinese commodity prices plunged to new six-month lows; right next to yesterday’s U.S. close. See ifThursday, May 11, 2017 |
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| Frank Shostak |
The Essential Link Between Consumers and Financial Markets |
Recently one of the most successful Wall Street investors Warren Buffet urged investors to forget about active investment and simply put their money into index funds.Contrary to his previous ideas that one should strive to make investment decisions based on the understanding of fundamentals, now he is of the view that it is better to embrace a passive approach and follow the index.It seems that Buffet has succumbed to the popular view as presented by Modern Portfolio Theory (MPT) that financialThursday, May 11, 2017 |
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| Mark O'Byrne - gold.ie |
Gold Is Undervalued – Leading Money Managers |
Gold is undervalued according to a record number of fund managers
Last time gold was considered undervalued, the price surged
BAML surveyed 175 money managers with $543 billion in assets under management
34% of investors believe protectionism is the biggest threat to markets
Gold viewed as the best protectionist investment by a third of investors
Gold in USD – 10 Years (GoldCore)
For the third time in a decade fund managers surveyed by Bank of America Merrill Lynch (BAML) believe that gold is uThursday, February 16, 2017 |
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| Graham Summer - Gains Pains & Capital |
5 Harsh Realities About Robo-Advisors That You Need to Understand |
Robo-advisors are a new class of financial advisor that manage clients money based on predetermined characteristics. Clients fill out surveys and based on those responses portfolios are automatically created. Robo-advisors began to garner attention as early as 2008. By 2017 the assets under robo-advisor management grew to an estimated $600 billion. Current Robo-advisor offerings range from industry veterans like Vanguard to startups such as Wealthfront. This new investment management model claimThursday, February 2, 2017 |
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| Peter Schiff - Euro Pacific Capital |
King of Debt Takes the Reins |
The election of Ronald Reagan in 1980 provides the best recent precedent for the unexpected triumph of Donald Trump (in my opinion, the other post-war Republican takeovers of the White House --Ike in ’52, Nixon ’68, and W. in ’00 – did not constitute a real break from the status quo.) As many people expect great changes from Trump, it is worthwhile to look at what the Reagan Revolution actually wrought.
Both Reagan and Trump were better known to many as entertainers rather than politicians,Thursday, November 17, 2016 |
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| Jeffrey Lewis |
The Hyperinflationary Death Watch |
An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense – perhaps more clearly and subtly than many consistent defenders of laissez-faire – that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other. – Alan GreenspanEvery hyperinflation is unique. No one wants the chaos it will bring. We are not rooting for it. Monetary crisis is alWednesday, October 5, 2016 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Soros and Gold |
Last week, the media reported that George Soros was getting out of gold. What does it mean for the precious metals market?
The media often inform about investment decision of great investors, such as Warren Buffet, George Soros, John Paulson, Stanley Druckenmiller and others. For example, the Wall Street Journal revealed that Soros Fund Management sold the majority of its shares in the world’s largest gold producer, Barrick Gold, and its entire stake in the mining company Silver Wheaton. The artFriday, August 26, 2016 |
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| Keith Weiner - Monetary Metals |
Silver Is in a Different World |
Measured in gold, the price of the dollar hardly budged this week. It fell less than one tenth of a milligram, from 23.29 to 23.20mg. However, in silver terms, it’s a different story. The dollar became more valuable, rising from 1.58 to 1.61 grams.
Most people would say that gold went up $6 and silver went down 43 cents. We wonder, if they were on a sinking boat, tossing about in stormy seas, if they would say “that lighthouse went up 5 meters.”
To our point last week, what would be the utilityMonday, August 22, 2016 |
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| Keith Weiner - Monetary Metals |
Gold and Silver Supply and Demand Report, 14 August, 2016 |
The prices of the metals didn’t change much this week.
We thought we would take this opportunity to quote Warren Buffet. His comment at Harvard in 1998 earns him the despite of the gold community.
“Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.”
We don’t care much for his conclusion either: no need to own gold, noMonday, August 15, 2016 |
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| Egon von Greyerz - Matterhorn AM |
Grant Williams – Oil: Peak demand – Gold: Peak Supply |
Grant Williams
“Oil Market: Peak Demand, Gold Market: Peak Supply”
One of the most engaging and bright analysts of our industry, Grant Williams, joins Lars in this podcast. Grant speaks about Oil, Gold and about ‘The Donald’, inter alia. Grant of course, together with his partner Raoul Pal, also initiated the RealVision TV channel producing high quality in-depth financial market interviews.
[Video/Podcast] 37 mins
Transcript
Lars Schall: Howdy, ladies andFriday, June 10, 2016 |
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