What Will Happen to Greece and Gold?

by BMG Admin on May 17, 2012

Courtesy of Julian Phillips

The Greek central bank has to act now to prevent a run on its banks.

Print Friendly

    { 0 comments }

    Courtesy of Julian Phillips

    Print Friendly

      { 0 comments }

      European Debt Crisis

      May 17, 2012

      The video below references Mr. Bass’ research, which identifies problem countries and the importance of their balance of trade. Continue reading

      Print Friendly

      Berkshire Hathaway A share priced in Gold Ounce

      May 16, 2012

      While Berkshire Hathaway has made some gains in dollar terms it has been in a significant downward trend in the number of gold ounces/share. When the most famous investor in the world can’t show any increase in real money for over a decade it is time to reconsider your portfolio allocation. Continue reading

      Print Friendly

      Gold and silver market morning report for May 16, 2012

      May 16, 2012

      Gold and silver market morning report for May 16, 2012 Continue reading

      Print Friendly

      The 12-Million-Worker Hole

      May 16, 2012

      The ‘jobs gap’ is the number of people who need to find work in the US economy before that country returns to pre-recession employment levels while absorbing new adult entrants, aging baby boomers and immigrants. In 2010, the jobs gap bottomed out at 12 million. After the best 12 months of job creation in five years, the gap is still about 11 million, or the current population of Ohio. Continue reading

      Print Friendly

      Gold and silver market morning report for May 15, 2012

      May 15, 2012

      Gold and silver market morning report by Julian Phillips Continue reading

      Print Friendly

      Krugman Finally Wins the Argument

      May 15, 2012

      The global financial markets and the world’s governments are in a dance: Crises result in monetary ease, which ignites an asset bubble, which bursts and elicits a new flood of credit. After each sequence the total amount of debt—and the system’s fragility—is even higher than before. Continue reading

      Print Friendly

      How Different Types of Gold Demand Drive the Gold Price – Part II

      May 14, 2012

      We have looked at the motives behind jewelry demand in different parts of the world and in this second part we now look at Investment demand from different parts of the world and the motives behind that demand. Continue reading

      Print Friendly

      Gold and silver market morning report for May 14, 2012

      May 14, 2012

      Gold and silver market morning report by Julian Phillips Continue reading

      Print Friendly

      The Fed’s Jelly Donut Policy

      May 14, 2012

      Einhorn writes a comprehensive piece on why too much of a good thing—like QE—can be destructive, and result in a sluggish rather than vibrant economy. Continue reading

      Print Friendly

      Gold Bubble? More People Own Apple Stock Than Gold

      May 13, 2012

      GoldCore comments on recent precious metals markets volatility, and Marc Faber’s comments regarding gold, Apple and bubbles. Continue reading

      Print Friendly

      Civilized People Don’t Buy Gold

      May 12, 2012

      “Civilized people don’t buy gold,” Berkshire Hathaway’s Charlie Munger told CNBC the other day. Echoing his partner, Warren Buffett, Munger said civilized people invest in productive businesses, adding, “Gold is a great thing to sew into your garments if you’re a Jewish family in Vienna in 1939.” Continue reading

      Print Friendly

      Human Freedom Rests on Gold Redeemable Money

      May 11, 2012

      In this article from May 6, 1948, Congressman Buffett stressed the relationship between money and freedom. He believed that, without a currency redeemable for gold, a person’s freedom to sustain themselves was dependent on the goodwill of politicians; that paper money systems generally collapse and result in economic chaos; and that the gold standard restricted government spending. He believed a gold standard was critical. Continue reading

      Print Friendly

      Gold and silver market morning report for May 10, 2012

      May 10, 2012

      Gold and silver market morning report by Julian Phillips Continue reading

      Print Friendly

      How to Beat the Greatest Investors: Warren Buffett & Charlie Munger

      May 10, 2012

      Video interviewing Munger and Buffett Continue reading

      Print Friendly