In a recent Institutional Investor article and blog post, I wrote about how none of the big issues in Washington—QE3, the debt limit, and funding the government—are likely to be settled anytime soon. This prediction was borne out on Wednesday when Congress delayed...
In the weeks leading up to the debt crisis in 2011, gold rose $400 an ounce to hit its nominal all-time peak of $1,895. The 2011 debt crisis was the one in which we came so close to defaulting on our debts that rating agencies downgraded the nation’s credit score. It...
An edited version of this post appeared on Institutional Investor's Unconventional Wisdom blog. Three questions pending in Washington are poised to roil markets: When will the Federal Reserve taper quantitative easing? When will the government shutdown end? and Will...
An edited version of this post appeared in the print version of The Wall Street Journal Asia and the U.S. edition of WSJ.com Concerns are rising that the Chinese economy is headed for a hard landing. That would have implications for many markets, including gold....
Like other advocates of gold, I’m convinced that physical gold is excellent insurance against unforeseen economic and political events that threaten your wealth. This concept of wealth insurance is crucial to understanding the value of owning gold. While we share this...