Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
In 1976, you could buy gold legally at $106. In January 1980, it hit $850 for one day. Then it fell for the next 21 years. What abiut today? Are we facing that kind of roller-coaster ride? The self-proclaimed experts who told you NOT to buy gold in 2001 at $257 tell you not to buy [...]
Continue reading →Gold is over $1750 per ounce. To track gold’s price, 24×7, go here: http://www.garynorth.com/public/department32.cfm The volatility of gold over the past two months has been high. It was as low as $1530 in late December. It has risen by over $200. This scares off procrastinators. I wrote this on January 30. ________________________________________________ Across the nation, [...]
Continue reading →China is importing a lot of gold. Yet China is a gold-producing nation. This indicates a large demand. Imports in November rose by over 102 kilograms. This was up from 86,000 in October. They bought it from Hong Kong. Hong Kong reported this. China doesn’t. China bought as much as 490 tons in 2011. It [...]
Continue reading →Gold in late December was under $1540. Today, it is $200 higher. What happened? A Forbes colmnist offers suggestions. First, gold is not like other commodities. It is an alternative currency. The European crisis is accelerating. Second, hedge funds had to sell to redeem shares. Third, low interest rates help to keep ownership cheap. Alternative [...]
Continue reading →Jim Sinclair has been in the gold-related investment industry for 40 years. He has watched it rise and fall and rise again. He is convinced that the Federal Reserve’s announcement on January 25 was a turning point. He thinks it announced endless fiat money. He thinks that mainstream companies will now be buyers. This includes [...]
Continue reading →Once again, gold and silver have shown that they are headed up, up, up, despite brief downturns. You can follow gold’s price on my other site, GaryNorth.com. Click the link. Then save it. http://www.garynorth.com/public/department32.cfm I told subscribers to buy gold in October 2001, when it was around $280. I have told them to buy ever [...]
Continue reading →Stephen Leeb has been analyzing the markets for over 30 years. His recent comments are worth considering. “What people don’t realize about silver is how illiquid silver is, and how little physical silver that is available in the market. Now you have the Canadian, (Eric) Sprott, who has really been spot on for more than [...]
Continue reading →There are millions of investors who still sit on the sidelines, wondering if they should buy gold. I have said yes, beginning in October of 2001. This man agrees. With gold closing above the critical $1,650 level and silver above $30, today King World News interviewed the man who told clients in 2002, when gold [...]
Continue reading →Here is a video of something that I thought I would never see. All five Republican candidates for the U.S. Senate in Texas have come out in favor of a government audit the Federal Reserve System. That someone in the audience even asked the question would have been unthinkable four years ago. Ron Paul is [...]
Continue reading →Saudi Arabia has not increased its oil production, despite rising prices. This indicates that Saudi Arabia is already at its limit of production. Top oil exporter Saudi Arabia is nearing its comfortable operational production limits and may struggle to do much to make up for shortages that arise from new sanctions imposed on Iran by [...]
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