by Howard Katz | Oct 20, 2009 | Howard Katz, Precious Metals
“I’m sorry,†Mr. Katz. But I didn’t buy gold when it was below $1,000/oz. as you advised. And now I am afraid to buy because it is too high. What should I do? This question underlines one important fact of the markets. Playing any market does not consist of...
by Mac Slavo | Oct 15, 2009 | Larry Edelson, Precious Metals
Larry Edelson of the Uncommon Wisdom Daily blog shares his thoughts on gold, the US dollar, other commodities, and cyclical trends. I am now a buyer in gold getting ready for the next leg up in the precious metals, which should see first $1100, then $1250/$1300, and...
by Mac Slavo | Oct 14, 2009 | Headline News, Precious Metals
Yes, we know, the Dow Jones blew through the 10,000 mark today, but compared to 10 years ago, the Dow Jones is actually at 7,537 in real terms as discussed in DOW 10,000!!!! Oh Wait, Make That 7,537: Another great representation of the amazing loss of purchasing power...
by Howard Katz | Oct 12, 2009 | Howard Katz, Precious Metals
To be completely honest, it is not me who is the greatest. Of course, it is Mohammed Ali who is the greatest. And I may not even be the greatest economist. That honor has to be shared with those few gold bugs who foresaw the break above $1,000 and who kept their...
by Mac Slavo | Oct 9, 2009 | Precious Metals
If you’re thinking about investing in gold, consider The Wall Street Journal’s recent article by Dave Kansas Gold Is Still a Lousy Investment to make sure this investment is right for you. What drives gold prices? It’s an alchemist’s mixture of...
by Mac Slavo | Oct 6, 2009 | Precious Metals
Within the context of the current economic crisis we have often heard about the flight to quality and safety assets, with gold being discussed as one such asset. Gold, the argument goes, is the best asset to protect against inflation. While this may be true to an...
