Gold vs Silver? Which precious metal is best? After you’ve decided that precious metals are a superior investment to paper claims such as stocks, bonds, and fiat money. Figuring out if you should invest gold vs silver is tough. The answer will depend on your individual situation: your risk tolerance, investment goals, the amount of …
Gold ETFs are a hybrid between mutual funds and individual stocks. They are like gold mutual funds in that they are funds that hold an entire portfolio of assets. They are like individual stocks in that they trade on stock exchanges, unlike mutual funds, which makes them easy to buy and sell. The basic idea …
Now is the time to buy gold and silver. One way you can tell this is all of the “We Buy Gold” signs in store windows throughout America. Gold and silver dealers don’t need to “push” their products – there is more than enough demand for them. In fact, one way we’ll know the precious …
In investment terms, the presidential cycle refers to the fact that stocks have historically performed better in years 3 and 4 of a president’s term than they have in years 1 and 2. Historically speaking, this is fact, even if some analysts want to call it nonsense. Looking back to 1948, Investopedia finds that stocks …
The Presidential Cycle: Investment Guide or ‘Nonsense’? Read More »
The month of November opened on a down note for gold, silver, and stocks, as renewed fears from Europe sent commodities and paper securities crashing, while the dollar firmed against the euro. Gold closed a dollar under $1700 on Tuesday, November 1, down 1.3% from its Halloween day close. Silver suffered more severely, closing at …
Steve Jobs did more for humanity than any politician, mystic, activist, or charity worker who ever lived. He was motivated, by profit, to create; and thanks to his creations, the world became a better place. Jobs founded Apple with his good friend and fellow Phone Phreaker Steve Wozniak in 1976. Jobs was 21 and Wozniak …
Capital and Capitalist Vices The Book of Proverbs says that there are six things that the Lord hates, and a seventh He detests: these things have come to be known as the Seven Deadly Sins. The Seven Deadly Sins are not necessarily the seven worst things one can do. There are, in fact, two classes …
The Richest Man in Babylon George Clason’s The Richest Man in Babylon is one of the most popular and highly regarded investment books ever written. Published in 1924, the book has sold more than two million copies, and it continues to be a favorite into modern times. In the book, Clason uses parables to illustrate …
Seeds of Destruction The Federal Reserve System was established in 1913 for the express purpose of inflating the money supply. As a result, the dollar has lost more than 95% of its value since the birth of the Fed. This is according to the government’s own Bureau of Labor Statistics, which says that $100 has …
There is no perfect substitute for holding real, physical gold bullion. However, for some investors, Krugerrands and gold bars just aren’t viable options. After all, a single ounce of gold is now worth over $1,500, and buying in increments of less than one ounce can be costly, as the cost of producing the coin or …
