Thursday, August 21, 2014

Leaked Wikileaks Cable about GOLD

"The U.S. and Europe have always suppressed the rising price of gold. They intend to weaken gold's function as an international reserve currency.They don't want to see other countries turning to gold reserves instead of the U.S. dollar or Euro. Therefore, suppressing the price of gold is very beneficial for the U.S. in maintaining the U.S. dollar's role as the international reserve currency. China's increased gold reserves will thus act as a model and lead other countries towards reserving more gold."
- Leaked Wikileaks Cable

Friday, August 8, 2014

The White Metals

 The white metals of silver, palladium and platinum are just as much about rising industrial production and global growth as they are about hedging against inflation or providing a safe-have investment. For investors, the white metals allow can capture much of the upside in the global economy as well provide some downside protection in case the fudge really hits the fan. Investors should act quickly, though.