42% Of All The Gold In The World Buys 5 Companies ONLY
Apple, Google, Microsoft, Amazon and Facebook are valued at $2.8 trillion. That is twice Russia’s GDP and 42% (71,000 tonnes) of all the gold ever produced.
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Apple, Google, Microsoft, Amazon and Facebook are valued at $2.8 trillion. That is twice Russia’s GDP and 42% (71,000 tonnes) of all the gold ever produced.
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The bottom line is gold’s sharp pullback in recent weeks was sparked by a series of gold-futures shorting attacks.
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Jim Rickards investigates the future of the global monetary system and explores the potential impact of a sovereign debt and global monetary crisis that may emerge as a result of a U.S. dollar default, the future of the Chinese yuan, as well as the new case for gold.
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How can ordinary people ever understand the importance of gold when they are continuously fed with false and distorted facts.
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The popularity of the GDXJ ETF product has been so overwhelming, VanEck reported they would be changing the index rules to accommodate the increased demand
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Over the past few weeks several political and geopolitical factors goaded safe haven assets higher, providing a particularly positive environment for gold and helping to push it past this fairly important resistance.
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There are lies, damned lies and news, to paraphrase British Prime Minister Disraeli who said: “There are lies, damned lies and statistics. Today we are fed with lies ubiquitously in the form of news and most people who just follow conventional media are totally unaware of the truth. Because the t...
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The price of gold entered 2017’s Easter long weekend on a five-month high in response to a cascade of geopolitical events and mid-week comments by United States President Donald J. Trump.
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For real estate investors, prudence might dictate that they start considering physical gold, in order to avoid serious pitfalls.
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Gold is being powered higher by excellent demand in India (the world’s biggest wedding season is in play), institutional investor concerns about the US debt ceiling (the next deadline is April 28), strong growth in China, and by the populism wave that is sweeping through most of the Western world.
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