Gold


Why Buy Gold When There Is Bitcoin & Tesla
Published by Egon Von Greyerz | Mar 24, 2021 | Articles 11511

I often hear complaints that gold is a useless investment since it doesn’t go up fast enough. Bitcoin and Tesla are much more exciting so why should an investor hold gold – an incredibly dull investment for the majority of people. If I tell investors that it is absolutely critical to hold gold for wealth preservation purposes as the world financial system is the biggest bubble in history, most would ignore or ridicule me. And if I tell them that the dollar and most currencies are down 97-99% since 1971 against gold and down 85% since 2000, they would yawn. They are only interested in their nominal stock market gains not understanding that they have gained nothing in real terms.

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It Is Decision Time For Gold
Published by Laurent Maurel | Mar 23, 2021 | Articles 15365

Since January, gold has come back to the bottom of its consolidation flag, then in fact regained its bear trend set off in this dollar short squeeze. This was decision time for gold, at a crucial moment where we are witnessing a exhaustion of the dollar short squeeze and a cracking of the entire bond market, both at the same time. Within the next few days, gold is going to have to decide if it will regain its status as a safe haven.

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Will Trump-Biden Twin Deficit Support Gold?
Author Arkadiusz Sieron | Published by Goldbroker ™ | Mar 23, 2021 | Articles 1282

Twins. Many parents will tell you that they double the blessing. But economists would disagree, claiming that twins – i.e., twin deficits – could be negative for the economy. The recent deterioration in the U.S. current account and fiscal balance has sparked renewed debate over the twin deficit and its impact on the exchange rate – and the price of gold.

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