Gold surges in the face of rising yields
Typically, rising yields are bad for gold. Not this year. Rising yields represent an increasing risk of a public debt crisis, for which gold may be the only remedy.
finance
Investors turn to gold as rate cuts loom
When the Fed cuts interest rates this summer, gold and silver stand to absorb billions of dollars as investors redeploy their mountain of cash.
Trading the Gold/Silver Ratio
The gold/silver ratio = price of gold divided by the price of silver. Here is how to use the ratio to spot opportunities in the precious metals market.
Gold soars to all-time high, China leads the charge
Gold has risen 6% in less than a week, achieving an all-time high.
Credit Spreads Approach 2007 Levels
Low credit spreads and surges in “extreme greed” often reflect a fervor which disregards proper risk assessment.
What Backs the United States Dollar?
Prior to 1971, the US dollar was backed by gold. Today, the dollar is backed by 2 things: the government’s ability to generate revenues (via debt or taxes), and its authority to compel economic participants to transact in dollars.
Why Do People Say “Gold is Money”?
History, economic theory, and empirical evidence: three arguments supporting gold as the purest form of money.
Why Should I Care About the Gold Price?
Because the entire global financial system was built on gold. Today, the gold price sends important signals about the economic health of the world’s most powerful nations.
History of the Gold Standard in America
To understand the history of US monetary system, we must grasp the role of its central protagonist: gold.
Gold vs. Money Supply
History is clear: when the money supply increases, the gold price follows. The more dollars are printed, the more can be stuffed into the earth’s limited supply of gold.