All investment categories except commodities showed nice gains last week. Interestingly, the week's biggest winners and losers were both commodities, with coffee rising a stunning 7.5% and cotton dropping 3.6%. Silver and crude oil both lost ground, down 2.8% and 1.3% respectively, while copper was slightly higher, up 0.7%.
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, S&P 500, Silver, Stocks, US Dollar by
Last week was excellent for almost all investment categories. Only the long bonds (TLT) showed a loss, taking a breather after an extended series of gains that have left them up 7.4% for the last month and almost 31% over the last 12 months.
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, monetary universe, S&P 500, Silver, Stocks by
Last week was great for investments, with every category showing nice gains. The biggest winner was copper, up 5.7% for the week, followed by the Canadian Dollar, up 5.3%. The weakest was the Amex Gold Bugs (HUI), which only rose 0.6%, and crude oil, which was up 1.2%.
Filed under Bonds, Commodities, Stocks by
Subscriber Mark Cloney recently wrote to me with some great questions:
Hello, Sir Charles – I have a couple questions for you:
- How can someone on a tight budget best get invested in silver and/or gold? I don't have a lot of savings, but I do not want to see them destroyed by more and more "quantitative easing".
Filed under gold prices, Silver, wages and salaries by
Priced in Gold reader Shaun C. recently wrote me asking for a chart of investment farmland in gold, and suggesting some sources of data. This was very intriguing, as I have been considering investments in timberland and farmland for myself. After a little research, I prepared the following charts, which will be updated quarterly on an Investment Real Estate chart page. They suggest that farmland is the best place for real estate investment money in the near future, but once the "bottom is in", timberland may be the way to go.
Filed under Bonds, Coffee, Commodities, Real Estate, Silver, Stocks by
Today the USD hit a new all-time low of 20.02 mg. What more is there to say? Until real interest rates turn positive, or the US economy shows signs of real recovery, the appeal of the dollar is very limited. With the end of QE2 in sight, the Fed is faced with a tough dilemma: go for another round of money creation with QE3, or see the economy really start to fall apart around it. The true question is not "if" there will be more quantitative easing, but "how soon and how much".
Filed under Bonds, Commodities, Economy, monetary universe, Stocks by
The US Dollar traded in London at 21.67 mg on Tuesday afternoon, setting a new all-time low. Since the US Dollar was created by congress in 1790, with a value of 1600 mg of gold, it has lost 98.6% of its original purchasing power, leaving only 1.4% between here and total worthlessness!
Filed under Bonds, Commodities, Dow Jones Industrials by
With fiat currencies all over the world being manipulated by central banks, prices are being distorted beyond all recognition. Successful investing requires having a good idea what things cost, and what they are really worth – and using the world's oldest and most stable form of money, gold, to compare prices is one way to get that insight. Below you'll find a sample of prices measured in grams or milligrams (1/1000 of a gram) of gold.
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, Economy, Food, Incomes, Money Supply, Silver, Stocks by
Kenneth wrote in with the following excellent questions:
Hi Charles,
Thanks for your great insight. I have been planning to buy gold and silver early next year and I just have 2 questions.
Filed under gold prices, monetary universe, Silver by
Subscriber Ian Shearer recently wrote to point out that although the site covers the price of Oil, the world's most traded commodity, we're missing the number 2 commodity, coffee! Given the number of espressos we make around here every day, that is an omission that had to be corrected.
Filed under Coffee, Commodities, Food, monetary universe by
Subscribe to this site's RSS feed.