Monty Pelerin's World

Economic, Financial and Political Analysis

Tag archives for gold

Fiat Currency Going To Its Intrinsic Value

Those invested in gold or other precious metals were slaughtered in the last two trading days. Although the pain of their losses is likely not to be eased by the chart that follows, it does show the validity of gold as a long-term strategy. As Voltaire once said: “All fiat currency returns to its intrinsic [...]

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Repent, The End May Be Near!

This religious advice might be appropriate for financial markets. That certainly was the way it felt over the last couple of days. Gold and silver, as well as other commodities, have been pummeled. Today the Dow is off about 200 points as I write. What happened to our economic recovery? If you have been reading this [...]

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Gold To Benefit From Cyprus Fiasco

Peter Cooper hits the nail on the head with respect to what Cyprus means for gold: With the fate of Cyprus under deliberation this weekend it is becoming apparent that the only debate is over what is the least worst option to take. The important thing for global finance is that the principle that bank [...]

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Gold Is Not In A Bull Market

People talk about the bull market in gold being over. Can something that never began and never was, actually end? That is not a philosophical question meant to deceive. The question is critical to understanding gold and its valuation. The Nature of Gold There is no bull market in gold! There never has been and never [...]

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Gold — Something Seems Very Wrong

The gold market seems to be getting more and more bizarre. This behavior by central banks is merely another indication that something is wrong/about to happen. When central banks no longer trust one another, it would appear that the entire system is coming apart: The move toward auditing gold holdings is getting more pronounced as [...]

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