Buy physical gold coins and keep most of them in your own possession. Also, to speculate on further increases in the price of gold, buy well-selected mining stocks.
Numerous nations have followed the Russian lead in removing the USDollar from their trade payments and banking practices. The American observers have dismissed this trend as trivial and not enduring. They are wrong, dead wrong.
Our suggestion to longer-term investors who just want a recommendation as to which metal will outperform is to overweight silver, although silver is more volatile.
The End of The Great Keynesian Experiment will undoubtedly lead to lower nominal rates and negative real interest rates. Under these conditions, gold prices will soar.
The further decimation of the dollar is far from assured as it now appears to have bottomed in its decline. It has merely fallen to the top of its long-term normal trading range in value.
The price of gold does not tell us anything about gold or its value. The gold price tells us only how much purchasing power the U.S. dollar has lost – nothing else.
Jim Grant, the financial word’s adult in the room, says the bear market in Treasury bonds could last for decades. Do the long-term charts bear him out?
In the past 16 trading days, the Gold/Silver ratio has dropped from 86.4x to now 77.9x. But ’tis basically a three-week Silver gain of +12.9% versus just +1.8% for Gold.
