Ron Paul talks about how erratic the dollar is, up and down, not to be compared with what’s happening with gold. The past couple of months of gold activity is how markets work as the dollar has experienced instability for many years. Ron talks about inflation limiting economic growth.
Gold is under pressure in light of expectations that the Fed may start removing accommodations soon. On May 1, 2013 the Fed announced they were prepared to “increase or reduce the pace of its purchases to maintain appropriate policy accommodation.” Hinting at the possibility of an increase in asset purchased resulted in Read the rest of this entry »
Terry Sacka on The Wealth Transfer show on the Christian Television Network discussing hyperinflation in the United States. Don’t think it can’t happen… This is an extremely Read the rest of this entry »
Inflation’s coming and stocks are due for a fall: Buy gold
“Every central bank in the world has the printing presses going full-blast, so it’s just a matter of time, we believe, until inflationary pressures start to push gold up,” Point View Wealth exec David Dietze tells CNBC in a March 12 interview. And while stocks have “been up Read the rest of this entry »
Terry Sacka on The Wealth Transfer show on the Christian Television Network discussing the deception of the world’s market system and how the circumvention of truth could impact your savings and retirement.
Proverbs 22:7 “The rich willeth over the poor” and “The borrower is servant to the lender”. Where are you on that scale?
In a vivid example of just how nervous investors have gotten over gold, one of the biggest ETFs to track the precious metal — SPDR Gold Shares GLD +0.01% – saw $5.4 billion hit the exit door year-to-date, according to ETF Trends. More about record low flows in February for gold ETPs.
And it’s not just then, Bloomberg News noted Thursday that John Paulson saw an 18% decline in his $900 million Gold Fund last month, and a 26% knock so far this year.
Terry Sacka on The Wealth Transfer show on the Christian Television Network discussing the dollar as a reserve currency and its relationship to crude oil, known as the ‘petro dollar’. When the demand for the dollar decreases, the impact on your IRA and Read the rest of this entry »
March 28 (Bloomberg) — As the markets open across Europe, Bloomberg’s Francine Lacqua tracks the breaking stories, exploring their impact through expert analysis and interviews. (Source: Bloomberg) Read the rest of this entry »
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