Silver or Gold

A short video about how investors use the fluctuating Gold to Silver ratio to evaluate the relative value of silver, which determines if it's an optimal time to purchase gold or silver. It also helps investors diversify their precious-metal holdings.

Gold Videocast: Gold's 2014 Half-Time Report

Published on Jul 9, 2014
In the first edition of the new Gold Videocast, Peter delivers his verdict on the gold market for the first half of 2014, analyzes Janet Yellen's performance so far as Fed Chair, and makes some contrarian forecasts for the rest of the year.

1:00 -- Gold's rise has confounded Wall Street banks that advised their clients to sell in expectation of a big correction.

1:40 -- Even though the financial media has focused on the Dow breaking 17,000, gold has actually outperformed the Dow this year.

2:10 -- Mainstream forecasters have bought into the narrative of a genuine US economic recovery and the ability of the Fed to effectively withdraw its monetary stimulus. In fact, the economy is not recovering and will relapse into recession, perhaps beginning in the second half of 2014.

3:17 -- The price of gold is putting in a bottom, supported by the mining stocks. They led the market down in 2013, and are now leading it up.

4:15 -- There is going to be a short squeeze as gold sellers try to buy back their positions when they realize the economy is not recovering.

5:30 -- Even though the Fed's own inflation measure has passed its target of 2%, Janet Yellen continues to claim inflation is under control.

"The Death of Money": Q&A with James Rickards

"Everything that was 'too big to fail' in 2008 is bigger and more dangerous today," says New York Times bestselling author James Rickards. Rickards predicts the crash of the global currency market and insolvency of the U.S. dollar in his latest book, The Death of Money: The Coming Collapse of the International Monetary System. "We're waiting for the catalyst that will cause this catastrophe to come tumbling down." 

PMs Performance at the moment

I just wanted to share this clip of Marc Faber explaining why PMs are such a great way of preserving wealth. Enjoy!