by Mac Slavo | Nov 27, 2009 | Headline News, Precious Metals
The city-state of Dubai announced yesterday that they would not be able to pay the interest on their debt. Dubai, you may remember, saw explosive growth in real estate from 2001 to 2007, but when Real Estate Bubble Wave 1 popped, thousands of investors and residents...
by Mac Slavo | Nov 23, 2009 | Marc Faber, Precious Metals
If your safe deposit box is full of precious metals, and you’re thinking about investing in gold mining stocks, then consider what well known Swiss investor Marc Faber is holding: Mining companies I own include Newmont Mining (NEM), Goldfields (GFI), Ivanhoe...
by Mac Slavo | Nov 21, 2009 | Marc Faber, Precious Metals
In his November 2009 Gloom Boom & Doom Report, economist Dr. Marc Faber discusses the difficulties of measuring economic growth and decline in relation to the US Dollar. Now, I really don’t wish to pretend that I have all the answers for measuring true...
by Mac Slavo | Nov 17, 2009 | Marc Faber, Precious Metals
Over the last week there have been a several different reports regarding Dr. Marc Faber’s comments about his short- and long-term outlook for gold. In one instance, there was a report from Commodity Online that Dr. Faber suggested the price of gold would drop...
by Mac Slavo | Nov 17, 2009 | Precious Metals
Bert Dohmen, publisher of the Wellington Letter, discusses the short and long-term trends for gold in his November 16, 2009 issue. It’s rumored that Russia and China, both producers of gold, are also interested in buying gold from the IMF. We believe that eventually...
by Mac Slavo | Nov 16, 2009 | Peter Schiff, Precious Metals
Senate candidate Peter Schiff discusses gold, silver, the Dow Jones, and President Obama’s visit to Asia in his November 16, 2009 Video Blog. (Video follows excerpt and commentary) Yeah, the Dow is up 130-140, but in real purchasing power, as measured by gold,...
