Amount of Gold Required to Purchase a House: 1979 vs Today
House prices have only risen for those using government paper to buy them. They're cheaper than several decades ago if you're using real money, i.e. gold.
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House prices have only risen for those using government paper to buy them. They're cheaper than several decades ago if you're using real money, i.e. gold.
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Gold investors feel like they have been on a rollercoaster this month, as price has ranged from as low as $1,810 to as high as $1,932. Sometimes, a pick up in volatility means that a big move lies ahead. Most often, an increase in volatility is a wise opportunity to take a step back and look at...
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Inflation seems to be picking up again in the United States. In addition to the geopolitical situation, there is also likely to be a great deal of unrest on the US debt front.
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Fifty years to the day after the Yom Kippur War, the Hamas terrorist attack on Israel stunned the world with its brutality and suddenness. It was anticipated that this war would last longer than the previous one (less than twenty days, from October 6 to 25, 1973), with the threat of global reperc...
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In this article, we analyze gold's monthly performance. First of all, it appears that "minimal" monthly variations account for the vast majority of gold price variations. In other words, most of the time, the price of gold follows a channelled, low-volatility pattern.
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The price of gold falls in London while it rises in China. The divergence reported in my last article continues this week. The Chinese gold and precious metals market seems to be following its own trajectory.
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The ECB has just raised its deposit rate to 4% and halted its sovereign debt repurchases, with the stated aim of stamping out inflation. Unfortunately, this will probably have little effect, as oil prices are slowly but surely climbing.
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30-year Treasury bonds have fallen by more than 50%. Losses are starting to mount again, and this is worrying many observers. Although the US is not exposed to the risk of default, this decline reflects the effects of tighter monetary policy.
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This week we will look at a couple ratio charts that compare precious metals to real estate to get a sense of what might be the better investment going forward.
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We last looked at the Gold Silver ratio in February, and I would like to revisit the monthly chart today as the pattern has continued to morph yet is still playing out largely as expected.
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