Read Part I Read Part II I’ll start by summarizing my last post about gold’s mid-April loss of $200+, then address the cause of another $200 an ounce loss in mid-June. What new information did the market learn that warranted a $200+ hit in April? Did the market...
The Case for Buying Gold, Despite Market Conditions- Part II
Read Part I I concluded my last post by describing how the world’s largest purveyor of paper gold, SPDR Gold, sold more paper gold between December 2012 and June 2013 than it had accumulated over the previous four years. In fact, SPDR Gold sold more paper gold in...
The Case for Buying Gold, Despite Market Conditions- Part I
This is the first in a series of posts in which I’ll make the case for why, even in these turbulent markets conditions, you should be considering buying physical gold. By physical gold I mean gold coins and bars as opposed to paper gold sold by exchange-trade funds,...
On Gold and Precious Metals
I'm starting this blog during interesting and often confusing times for gold buyers and those considering the purchase of precious metals. My goal is to clear up that confusion by sorting through what's happening in the gold market, explaining why it's happening and...