Ron Paul talks gold’s volatility, U.S. dollar’s weak purchasing power

Ron Paul - Photo by: Gage Skidmore

For years, retired Texas Republican Congressman and three-time presidential candidate Ron Paul has espoused the virtues of precious metals and the disasters of a fiat currency, most notably the United States dollar. As a long-term investor of gold … [Read more...]

Thailand economic chief sees gold prices hanging above $1,000

0415-gold-prices-630x420

Chart analysts are projecting that the latest plunge in gold prices could signal even bigger losses not seen for the past few years. Many foresee gold dropping to $1,100, while one foreign bank analyst believes the yellow metal will dip below $1,000. … [Read more...]

Peter Schiff: Negativity around gold shows ‘many, many years of a bull market’

gold bull market

Who says the decade-long gold bull market has come to an end? After gold and silver suffered a horrendous month of April, many financial experts have been urging investors to sell their precious metals and to move on. However, one long-term proponent … [Read more...]

Demand for physical precious metals strong despite drop in prices

investing-in-precious-metals-gold-silver-platinum-palladium

The large drop in gold and silver prices last month would indicate that there is very little demand and there is an abundant supply of precious metals. However, recent data suggests that demand in physical gold and silver remains strong as many see … [Read more...]

WGC Report: Italian officials considering using gold reserves as alternative to austerity

Banc d'Italia - Photo by: Geobia

The World Gold Council released a report last week that found a strong majority of Italian business leaders and citizens agree that the Italian government’s gold reserves are extremely important and have a positive role in the nation’s economic … [Read more...]

Tangent Capital Investor: Gold to hit $4,000 amid deflation fears by central banks

gold-paper

Although the notion among libertarians, goldbugs and opponents of the Federal Reserve System is that inflation fears are causing the price of gold, silver and other precious metals to go up, others are now arguing that deflation concerns could drive … [Read more...]

Arizona legislature passes bill making gold and silver legal tender money

Bullion - Photo by: Andrew Moran

Over concerns about the weakness of the United States dollar and the Federal Reserve’s questionable inflationary measures, Arizona lawmakers voted Tuesday in favor of making gold and silver coins and bullion legal tender in The Copper State. The bill … [Read more...]

Swiss National Bank reveals details of its gold reserves in annual meeting

swiss central bank

During the Swiss National Bank’s (SNB) annual meeting in Bern, president Thomas Jordan unveiled the locations of where Switzerland’s gold holdings are stored. Jordan disclosed the central bank holds 70 percent of its 1,040 tonnes of gold in … [Read more...]

Silver investor David Morgan: Use silver as alternative currency

American Silve Eagles

When it comes to alternative currencies, the talk these days is usually about gold, bitcoins and local forms of money. However, one investor believes the best form of an alternative currency is silver bullion, a timeless precious metal that has … [Read more...]

Silver to average lower price in 2013, demand for silver coins still strong: report

American Silve Eagles

The Silver Institute released a report Wednesday that indicated silver prices will end the year lower than 2012’s average of $31.15 per ounce. Although prices have suffered a tremendous decline, global demand remains strong and investment rose to … [Read more...]