Today’s action in the gold price is further testimony to the wisdom of octogenarian investment newsletter writer Richard Russell. While gold dropped to $1685 in early trading, an hour later it has already recovered over $20 of that drop. Here is what Richard Russell had to say recently: “Gold-lovers are obsessed with the daily price […]
BullionVault: The Importance Of Principal Versus Agent
The effect of BullionVault’s instantaneous settlement on dealing spreads Buying Gold Another Reason We Like BullionVault A problem in many modern financial trading environments is that you are trading directly with the opposing principal to your trade. Your opposing principal is whomever is selling when you are buying, and buying when you are selling. An […]
Why Gold Will Go To $11,000
For years we have been telling friends, relatives and anyone who would listen (which, unfortunately, is hardly anyone) to buy Gold and Silver to help protect their wealth, well being and family’s future. The question they always ask is “why buy Gold?”. One of the best answers has been eloquently stated by James Turk of […]
How Your Government Will Confiscate Your Gold
“Simon Black” over at SovereignMan website posted about the Netherlands closing of GoldMoney accounts issue we reported on several days ago here. Simon is not the only respected individual making this prediction either. Dr. Marc Faber of the Gloom, Boom and Doom report has said the same thing as well as stated that he feels […]
GoldMoney Closes Accounts For All Dutch Customers (Netherlands)
GoldMoney is no longer and option for Dutch citizens (resident) to buy and store gold. Due to Netherlands regulators wanting to subject GoldMoney to their regulatory power, GoldMoney is closing accounts for all Dutch residents. This is unfortunate and just another way that governments interfere on behalf of their residents instead of serving them. Sure, […]
