December 2nd, 2014
November 29th, 2014
by James Rickards, Daily Reckoning
There isn't a central bank in the world that wants to go back to a gold standard. But that's not the point. The point is whether they will have to.
I've had conversations with several of the Federal Reserve Bank presidents. When you ask them point-blank, "Is there a theoretical limit to the Fed's balance sheet?" they say no. They say there are policy reasons to make it higher or lower, but that there's no limit to the amount of money you can print.
November 24th, 2014
by Keith Fitz-Gerald, Money Morning
Gold has taken a tremendous beating in recent weeks and is now tumbling along at four-year lows of $1,160/ounce.
Things are so bad that you can actually buy the Central Fund of Canada Ltd. (NYSEMKT: CEF) - a popular gold and silver bullion investment vehicle - at a 10% to 11% discount to the price of gold, because traders think the price of gold will drop even lower.
November 16th, 2014
Gold Currency Index Daily Chart Analysis
by Erik McCurdy, Prometheus Market Insight
The Gold Currency Index (GCI) is a composite of gold prices in the currencies of 10 of the largest economies in the world as defined by GDP. It is therefore currency independent, reflecting the intrinsic value of gold as an international currency itself.
November 9th, 2014
by Greg Guenthner, Daily Reckoning
Do not buy gold right now. Just don't do it!
The Midas metal has turned to fool's gold. It's sunk in the black night of a deep bear market - and it's about to plunge even deeper.
Over the next several weeks, the gold price could threaten lows not seen since 2009, when it hovered around the $1,000 mark. And if you're thinking gold is a dirt-cheap bargain right now, think again...