Tag Archives: gold

Why the Average Investor Performs so Poorly

When Average Isn’t Enough Everyone knows that exotic dancers are bad at investing. After all, they always end up losing their shirts. 😆 But they are not alone. Most people in general are simply not very successful at investing. According to BlackRock, the largest financial management company in the world with nearly $5 trillion of AUM, the average American investor managed to make only… Read More »

End of a Golden Era

Canada Says Farewell to Gold One upon a time most currencies were backed by gold. But in 1971 president Richard Nixon took the U.S. off the gold standard switching to a floating currency instead so its Central Bank can exert more influence over the currency, and other countries followed suit. Today, everyone uses fiat currency and gold is no… Read More »

Howling Wolf Gold Coin Review – Make $100 or Keep it

In the world of finance, the word “arbitrage” refers to buying something in one market, and simultaneously selling it in another, profiting from a temporary price difference. According to Investopedia, this form of profit is considered practically risk free for the investor/trader. 😀 Well I have recently found such an arbitrage opportunity in the gold bullion market. Introducing… Read More »

A program that pays dividends in precious metals

Precious metals don’t provide a steady stream of income and sometimes require an annual storage fee. However, it could still make sense to invest in them for several reasons. First, the demand for gold in China and India is huge, and central banks all over the world buy them to hedge against political turmoil, hyperinflation, invasion, economic warfare, and environmental disasters… Read More »

Buying More Gold

The U.S. government is nearing its maximum borrowing capacity. If Congress can’t agree on a budget soon they won’t be able to raise the debt ceiling which could mean disaster for the economy. I don’t think anyone is expecting the US to default, but there will probably be a lot of uncertainty in the next week. But one… Read More »