Many people are rightly concerned that the US Federal debt has been exploding in the last few years. A quick look at the following chart will show why: This chart doesn’t try to show all the debts of the United States, just the publicly acknowledged debt of the federal government. So it doesn’t include state […]
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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 […]
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Since I published Gold101 there have been some wonderful articles giving additional details on buying and storing physical gold. The first, called “Gold coin shortage likely to become chronic” by Michael J. Kosares, outlines the reasons why gold bullion coins have been so hard to find at reasonable premiums, and why these forces will probably […]
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Here are a few resources to help you move some of your savings into gold. Remember that gold is a form of cash, not an investment. It doesn’t grow in value, create new jobs, earn profits, or generate income for you. It is simply a currency that no government can counterfeit or debase. You should […]
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Yesterday the NY Times ran an article headlined, “Average U.S. Income Showed First Rise Over 2000”. The big claim is that after peaking in 2000, incomes fell, bottoming in 2003, and have now climbed back to make new highs in 2006. The author examines IRS data showing average Adjusted Gross Income and Wages and Salaries […]
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The first part of this interview covered Paul van Eeden’s background and laid out his views on gold, inflation and interest rates. In this final segment, we’ll discuss what to do about this situation – how to translate this view of the world into investment action. Paul has been working hard on a more accurate […]
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Last year, in July of 2007, I attended the Agora Financial investment Symposium in Vancouver, BC. There were a lot of excellent speakers and sessions covering all aspects of investment, with quite a bit of emphasis on natural resources and a strong international flavor. One of the speakers who impressed me the most was Paul […]
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I recently came across a presentation made on May 20th to the US Senate Committee on Homeland Security and Governmental Affairs by Dr. Benn Steil, a Senior Fellow and Director of International Economics at the Council on Foreign Relations in New York, entitled “Financial Speculation in Commodity Markets” (pdf). Dr. Steil also gave a speech […]
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As the likelihood that an official “recession declaration” will be issued for the US economy increases, true prices of many items continue to fall. Gasoline, for example, is now at it’s lowest price in about 10 years. Uranium also continues to slump, ending January at 2.63 grams per pound. Stocks (as indicated by the Dow […]
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The Charts section has been updated with a new chart of the Dow Jones Industrial Average, this one from 1900 to present. The three big bull markets of this 107 year period, and the following bear markets, are easily seen. It is clear that a lot of money can be made – and lost – […]
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