The price of #silver and #gold has recently been affected by #Brexit. In addition, I feel as though that the UK might make a Swiss model deal which entails free trade with the E.U. and Schengen Zone visa privileges which would effectively give the benefits of EU membership minus the voting power and at a lower contribution cost. Also, this would ease market concerns and wipe out the rally that gold has sustained assuming everything remains about the same.
Gary... interesting comment. However, I would not use surplus funds to buy a new car. When the system finally cracks, there will be a huge glut of new and semi-new cars at a huge discount.
How are investors paying down debt?? U.S. debt is now $19.4 trillion. How is that heading lower? Maybe you can clarify what you mean.
Lastly, Government #Bonds are like gold until expensive oil production declines. Cheap #oil production peaked several years ago, now we are waiting for the peak of expensive oil. Actually, if we don't see tens of trillions of Helicopter money dumped on the market shortly, expensive oil production may have already peaked.
Government bonds are #DEBT. The world is full of debt up to their eyeballs. Without growing energy production, this debt will not be paid back. #Gold and #silver are two of the best assets to own going forward.
Simply put, #silver is more volatile. Also silver is more a commodity than #gold which is more a store of value play. Commodities are heading higher even though it seems like the price increases can't be easily passed onto consumers, thus the weak corporate profits. If oil joins in on the #commodities price rise the #Fed may get what it wants, inflation exceeding US growth which will not stimulate the economy as the Fed chairwoman is implying. Quite the reverse.
I have a little bit of #gold and a lot of #silver, but I would not want to be holding any mining stocks or paper gold when the crash does happen. I can't imagine how people like #HarryDent can assume that gold will be drop to the $750 range or below. I'm one of the weak hands when it comes to trading the mining stocks. I'd rather get back in after they correct or pull back.
Gold Pullback Very Likely Over; Now On The Way To $1,400+
#Gold and #silver... the underappreciated assets as of late. Personally, I like silver more than gold though as it has a lot more room to run.
Gold is Not Going to $10,000
The price of #silver and #gold has recently been affected by #Brexit. In addition, I feel as though that the UK might make a Swiss model deal which entails free trade with the E.U. and Schengen Zone visa privileges which would effectively give the benefits of EU membership minus the voting power and at a lower contribution cost. Also, this would ease market concerns and wipe out the rally that gold has sustained assuming everything remains about the same.
The Subprime U.S. Economy: Disintegrating Due To Subprime Auto, Housing, Bond & Energy Debt
Gary... interesting comment. However, I would not use surplus funds to buy a new car. When the system finally cracks, there will be a huge glut of new and semi-new cars at a huge discount.
How are investors paying down debt?? U.S. debt is now $19.4 trillion. How is that heading lower? Maybe you can clarify what you mean.
Lastly, Government #Bonds are like gold until expensive oil production declines. Cheap #oil production peaked several years ago, now we are waiting for the peak of expensive oil. Actually, if we don't see tens of trillions of Helicopter money dumped on the market shortly, expensive oil production may have already peaked.
Government bonds are #DEBT. The world is full of debt up to their eyeballs. Without growing energy production, this debt will not be paid back. #Gold and #silver are two of the best assets to own going forward.
Steve
The Fundamental Reason The Silver Price Will Explode Much Higher Than Gold
Simply put, #silver is more volatile. Also silver is more a commodity than #gold which is more a store of value play. Commodities are heading higher even though it seems like the price increases can't be easily passed onto consumers, thus the weak corporate profits. If oil joins in on the #commodities price rise the #Fed may get what it wants, inflation exceeding US growth which will not stimulate the economy as the Fed chairwoman is implying. Quite the reverse.
Will Gold Crash With The Dow… Or Soar?
I have a little bit of #gold and a lot of #silver, but I would not want to be holding any mining stocks or paper gold when the crash does happen. I can't imagine how people like #HarryDent can assume that gold will be drop to the $750 range or below. I'm one of the weak hands when it comes to trading the mining stocks. I'd rather get back in after they correct or pull back.
Gold & Silver Sector To Explode Upwards
Here's hoping you are right about #Gold, #Silver.