Buy Gold Now Before the Next Recession Hits

The term recession can raise the hair on the back of investors’ necks. According to some market observers, the next recession will be seen within the next 18 months or so. In a recent article from Marketwatch.com, Goldman Sachs alum Raoul Pal discussed some of his views on the economy and where investors may want to park some cash. At the heart of the conversation was negative interest rates, and Pal stated “As we get to negative interest rates, gold is a good place to... Continue Reading

Where Are The Bulls?

Gold and silver came under some serious selling pressure last week and thus far have not mounted a comeback. In our view, this is not a bad thing as it provides investors the opportunity to buy silver at sub-$18 per ounce levels. In our view, gold also represents an excellent long-term value at current levels for the patient investor. For those who might be questioning what could be the next big catalyst for gold, especially since interest rates are set to rise before the end... Continue Reading

A Bird in the Hand is Worth Two in the Bush

Stocks remain not far from recent all-time highs, and you have to wonder if equity investors will keep pushing stock prices further into bubble (we mean new all-time highs) territory. The desire for yield can be a powerful thing, and that thirst for returns has driven equities higher for several years now. In reality, however, it is zero or negative interest rates and a lot of quantitative easing that has driven equity markets to current levels. Investors have essentially been forced to go out and... Continue Reading

Get All the Silver You Can At Current Levels

The Silver market has made repeated attempts to break away from its recent trading range, yet it has thus far failed each and every time. You know what they say about a rubber band though, don’t you? You can stretch a rubber band repeatedly right up to its breaking point and it snaps back-until it doesn’t. And when that rubber band finally gives way to the forces pulling on it, it tends to snap in quick and decisive fashion. Such may prove to be the... Continue Reading

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Is the Next Major Bailout Right Around the Corner?

It’s no secret that Deutsche Bank has been under pressure. Among other issues, negative interest rates have cut into the bank’s profits. In fact, Deutsche Bank shares have lost nearly 60 percent this year, and worst may be yet to come for the embattled investment bank. Deutsche Bank finds itself in a highly leveraged position, and concerns over the health of the bank are becoming more and more apparent. Last week, news surfaced that some of the bank’s hedge fund clients were trimming their sails... Continue Reading

Three Reasons to Buy Gold Right Now

Although the U.S. economy has seen a comeback from the clutches of the recent Great Recession, world economies are currently faced with a number of key issues that could potentially shape monetary policy and global growth for years to come. While we believe there are numerous reasons to buy and hold physical gold bullion (as well as other physical precious metals), there are three significant reasons that we feel are simply too important right now to ignore right now: The upcoming Presidential election: The current... Continue Reading

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Buckle Your Seatbelts

Equity markets remain not far from recent all-time highs, and there seems to be an eerie sense of calm in the marketplace. The CBOE’s VIX index, commonly referred to as the “fear gauge,” is showing a reading of less than 15 currently in another sign that perhaps investors have become overly complacent. With a Presidential election looming and a whole host of other key economic issues facing the global economy, the current era of complacency could be about to change-and rapidly. Regardless of who wins... Continue Reading

Are the Dollar’s Days Numbered?

Tick tock tick tock…October 1st is quickly approaching and this day is bringing with it what could be a pivotal moment in the global economy and trade as we know it today. On the first of October, the International Monetary Fund will officially add the Chinese Renminbi to its Special Drawing Rights or SDR basket of currencies. With this move by the IMF, the Chinese currency will take its place among the elite currencies of the world including the euro, yen, pound and dollar. This... Continue Reading

The Party Continues

The highly anticipated September FOMC meeting has now come and gone. The Fed elected to hold rates steady by a vote of 7-3. Although this vote may have been closer than many had expected, perhaps more important than the vote itself was the central bank’s economic outlook and commentary. The Fed’s so-called “dot-plot” is pointing to a very gradual pace of rate hikes, with the Fed Funds target rate also being lowered from a three percent target to a 2.9 percent target. It is now... Continue Reading

The Elephant in the Room

China’s currency reserves are not what they used to be. According to some estimates, the dollar’s share of China’s reserves has been slashed to a record low, as the world’s second largest economy looks to diversify away from the greenback. Not only that, but China has reportedly been selling U.S. securities. Thu far, this has not caused any type of panic and doesn’t even appear to be on the radar for most investors. You could certainly make the argument that a pullback in buying by... Continue Reading