BRICS

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.

For real estate investors, prudence might dictate that they start considering physical gold, in order to avoid serious pitfalls.

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.

The US owes the world 453,000 tonnes of gold which is almost 3 times all the gold ever produced in history.

Recent progress made in streamlining trade in local currencies has brought Moscow and Beijing closer to creating a financial architecture that could facilitate transactions in gold.

For the third consecutive time since the tightening cycle began in December 2015, gold rallied on the back of a Fed hike.

To claim that the global demand for physical gold is collapsing is seeded in either ignorance or mal-intent. But either way, the assertion is outright idiotic when the facts are examined

Seems to me the world is ready to hyperinflate into gold. After all, all currencies have already hyperinflated in the financial world.

To own gold is not climbing a wall of worry. For anyone who understands the problems that the world is now facing, physical gold ownership gives peace of mind and the best insurance that money can buy.

Western Central Banks have a real knack for timing the sale of their gold reserves. They are absolute experts when it comes to picking the bottom of the gold market. Central banks in the UK, Switzerland and Norway, to mention a few, timed their sales to perfection. The only problem is that they a...