King World News featured a hopeful chart from analyst David P. out of Europe. Gold peaked in 2011 at $1900 per ounce. It has been almost six frustrating years for gold bulls waiting for the bull market in gold to return. Stockcharts explains the Mac Dee or MACD, “Developed by Gerald Appel in the late seventies, the MovingRead more
Tag Archives: Gold
Whenever I’m asked the question ‘how much of my wealth should I allocate to gold’, I usually advise that a person should only buy so much gold as their level of understanding allows. In other words the decision is a very personal one. But a person should never buy a great deal of gold without really understanding its nature. It’sRead more
Here is a short video produced by ‘One Minute Economics’ explaining the beginnings of gold minted for trade, the ‘Gold Standard’ and it’s eventual replacement with fiat currencies in 1971. Almost 2600 years ago, the first gold coins were minted and used for trade. Later on, people started storing there gold in well guarded vaults, and bought goods and services usingRead more
Can You Afford to Lose 40% of Your Retirement Account?
If you’re like most people, a loss like that can be pretty painful. In 2008, during the last stock market crash, many accounts lost almost half of their value.
The below information, can save you thousands of dollars
You CAN protect yourself by diversifying your retirement investments with precious metals.Read more