
Is Buying Paper Gold Equivalent To Buying Physical Gold? [2/2]
Gold trackers cannot be put on the same level as physical gold, which remains the only gold asset that serves as real wealth insurance.
Read articleGold trackers cannot be put on the same level as physical gold, which remains the only gold asset that serves as real wealth insurance.
Read articleIn another post, we saw that mining shares, being shares mainly (with high volatility and the risk of losing 100%), cannot be put on the same level as physical gold. Is it also the case with “paper gold”?
Read articleWhilst the US government worries about the military threat of Russia, and the trade deficit with China, they show no concern for the real problems. To understand what is really happening, all we need to do is to Follow the Money. The flows of real money reveal where global economic power is moving.
Read articleOn the question of immigration, we are witnessing more and more divide within the European Union. One cannot keep, while witnessing all this confusion and frustration, from imagining what it would be like in case of a banking and financial crisis.
Read articleThe decrease in US debt holdings diminishes Russia's dependence on the US dollar. Instead, Moscow is boosting its bullion reserves.
Read articleMy advice to investors is to learn from the recent economic problems/disasters in Turkey, Argentina and Venezuela. Any amount of personal gold, even very small, would have saved the holders in these countries from misery. It is also now critical to heed the strong warning signs of deep trouble co...
Read articleBanking mergers are absolutely not the answer to the banking problems today – in fact, they would constitute a dangerous leap forward.
Read articleAs a wealth management advisor, substituting the easy solution of acquiring gold mining shares to physical gold – whether within a life insurance policy or with an ordinary account – would be a mistake.
Read articleThe exact level of the collapse in investment assets and surge of gold is of course impossible to forecast. What is virtually certain is that gold, relative to other assets, will increase substantially in value.
Read articleVenezuela’s central bank in April paid $172 million to U.S. bank Citigroup to recover part of the gold it had put up as guarantee in a swap operation.
Read articleWe are now on the eve of an economic crisis of unfathomable proportions due to an insoluble debt problem. Holding precious metals will be invaluable insurance to survive this crisis financially.
Read articleRecords that were reached in the last sovereign debt crisis are being shattered... savers are right to be worried – not only Italians, but all Europeans...
Read articleThese two inventions were totally revolutionary in the history of finance. First to print money at no cost and then to issue debt and be paid for that pleasure.
Read articleAs any asset class, gold has several financial properties. The yellow metal can be used for two different purposes: either as a hedging tool against certain macro-economic scenarios or for portfolio diversification. Its virtues, though, are not the ones frequently mentioned in the media...
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