There’s a tiny sub-sector of the market that explodes in value every 5-10 years.
- In the late 70’s some investors saw gains of 2,464%, 13,025%, and 3,479%...
- In the mid-80s there were gains of 5,445%, 7,650%, and 7,011%...
- And in the early 90s and mid-2000s we saw 3,050%, 2,431%, and 2,054% gains...
These numbers are simply incredible.
And I’m excited to tell you that, right now, the sector is once again ripe for huge gains.
By Dan Steinhart
On April 10, 2006, Mexican authorities searched through a DC-9 jet at the airport in Ciudad del Carmen. They found more than five tons of cocaine… valued at more than $100 million.
If you’re like many Americans, you’re not surprised by a story like this. Not a year goes by without a few big media stories about Mexican drug cartels.
Gold remains extremely weak. We need a daily closing above 1108 to say the low is temporarily in place and a bounce back up is possible. The 1080 level is critical support on a daily closing basis, and it remains possible that gold can break to the downside moving into September if the July low gives way.
By E.B. Tucker
Imagine logging into your brokerage account tomorrow and finding out that it’s frozen.
Not just your account… every customer account at your brokerage is frozen.
You can’t buy stocks. You can’t sell stocks. You can’t move money out of the account.
Your account rep insists the money is still there. It’s just not available now.
the Godfather of newsletter writers, 90-year-old Richard Russell, warned that this grand experiment will end in disaster.
Most Americans have no idea what really happens when a currency collapses, let alone how to prepare…
But global economist, multimillionaire businessman, and New York Times best-selling author Doug Casey does. In fact, he might be the single most knowledgeable person in the world on the subject.
This article establishes that the price of gold and silver in the futures markets in which cash is the predominant means of settlement is inconsistent with the conditions of supply and demand in the actual physical or current market where physical bullion is bought and sold as opposed to transactions in uncovered paper claims to bullion in the futures markets.
The supply of bullion in the futures markets is increased by printing uncovered contracts representing claims to gold.
Don’t tell Jim Grant, the publisher of Grant’s Interest Rate Observer, that gold is a hedge. The author and publisher said the metal is much more dynamic; providing a trifecta of price, value and sentiment, and investors should have exposure to it.