Articles tagged with: US Debt
Posted in Silver on 12 January 2011
According to Robin Griffiths, technical strategist at Cazenove Capital, “I think not owning gold is a form of insanity. It may even show unhealthy masochistic tendencies which might need medical attention.” Check the CNBC video below:
I think the euro crisis might trigger a flight to US dollars and treasuries in the short term, but later [...]
Posted in Gold, US Debt on 16 December 2009
Buying and accumulating gold must be seen as a LONG-TERM proposition. I can tell you that gold is going much higher, but I can’t tell you when. I can tell you what to buy — gold bullion coins — but I can’t tell you when it’s going to go into its bubble phase. By the [...]
Posted in Gold, US Debt on 16 October 2009
David Tice is another gold bull who predicts the shiny yellow metal will hit $3,000/ounce during this cycle. While not has bullish as other goldbugs like Peter Schiff who predicts $5,000/oz, he has the same philosophy behind his declaration.
Tice worries about the debasing of the US dollar, and our excessive reliance on foreigners to fund [...]
Posted in Economics, Inflation, US Debt on 14 September 2009
Just in case there was any doubt, Puru Saxena declares the good ‘ol USA completely bankrupt!
Posted in Featured, Gold, Inflation, Silver, US Debt on 13 September 2009
Friday the 11th September 2009 marked a historic moment. It’s the first time the price of gold actually closed above a $1000/ounce. Previous, it had breached the $1000 level only to face heavy selling pressure and a close below the magic level. Due to this, it seems as if $1000/oz is a psychological barrier for [...]