EFFECTS OF Basel III ON GOLD & SILVER

EFFECTS OF Basel III ON GOLD & SILVER

So where are we with Basel III now that the January 1, 2022 effective date has been exceeded? Here’s a quick recap: Basel III has mandated that the bullion banks must have the physical gold in their vaults to meet reserve requirements and can no longer use paper...
WHY OWN GOLD & SILVER?

WHY OWN GOLD & SILVER?

I’ve been on this small blue dot for 70 plus years and I’ve been studying economic systems for over half that time. Here are two facts: Gold & Silver have been used as money, the world over, for approximately 3,000 years; in the last 100 years...
EFFECTS OF Basel III ON GOLD & SILVER

All Stock Bubbles Eventually Pop

Many have questioned why has the market continued to rise in time of economic retrenchment due to the pandemic causing lockdowns, business closures and reduced spending by the public. In part, you have the impact of demographics colliding with the business cycle...
What is the Impact of Warren Buffett Buying Gold Stocks?

What is the Impact of Warren Buffett Buying Gold Stocks?

If you were unaware of the recent change in investment strategy from the Oracle of Omaha, Warren Buffett, he has bought gold mining company Barrack Gold. This marks a significant change from his past where he shunned gold as an investable asset as it was lacking cash...
Why Central Banks are Buying Gold

Why Central Banks are Buying Gold

Why are the Central Banks around the world buying Gold? We can only speculate on the why as they are not willing to provide a lot of useful answers to the question. With that in mind, here are some facts about the buying patterns which are available regarding central...
Long Gold

Long Gold

The message for investors looking for a risk hedge today is Long Gold. There is no question that risks are out there. Hedge funds, money managers and central banks are all buying up gold at record rates for a reason: risk. And Long Gold is the smart move when all...
Why Central Banks are Buying Gold

Gold Holding Steady!

Gold is holding steady in modest positive territory after the U.S. government reported employment gains last month in line with expectations. February gold last traded at $1,177.70 an ounce, up 0.71% on the day. Bill Baruch, chief market strategist for Chicago-based...