September 16th, 2014
by Bill Bonner, Daily Reckoning
As metals prices boomed during the last decade, small explorers and big miners spent billions of shareholder dollars seeking new deposits. Investors wanted the high rewards of a discovery as metals soared in price. At $1,900 per ounce of gold, even mediocre finds could make money.
by Peter Krauth, Money Morning
Back in March I spoke about the precious metal palladium, and why this rare metal was headed higher.
At the time, it traded at $780/oz. Yesterday, it was trading at $886/oz. at mid-day, so the predicted upturn played out true to form.
Still, there's another rare precious metal that's set to do as well as - or better than - palladium, but that isn't on too many investors' radar yet.
September 9th, 2014
by EconMatters, EconMatters.com
The Gold market has a lot of crosscurrents at the moment with the main negative as we write that it doesn't pay a yield, and given the abundance of cheap money chasing every utility, bond and stock that pays a yield it has lost favor in that regard the last several years.
September 1st, 2014
by Joseph Salerno, Ludwig von Mises Institute
According to mainstream economics textbooks, one of the primary functions of money is to measure the value of goods and services exchanged on the market. A typical statement of this view is given by Frederic Mishkin in his textbook on money and banking.
“[M]oney ... is used to measure value in the economy. We measure the value of goods and services in terms of money, just as we measure weight in terms of pounds and distance in terms of miles.”
by Byron King, Daily Reckoning
I'm going to let you in on a market trend institutional investors will be kicking themselves for not knowing - I'm talking about the resurgence of silver.
After a 3-year bear run silver looks to be bottoming.
As a result, the price of the long-overlooked commodity could shortly be on its way to $30. Today I want to show you how to leverage this opportunity. As you'll see, silver can shield your wealth from the perfect storm of sectarian violence and bureaucratic incompetence. Now is the time to give this metal a look.