In a week where we have seen the gold price plummet and return to levels below $1600, investment decisions are feeling as confusing as ever.
In his 1923 book ‘A Tract on Monetary Reform’, John Maynard Keynes famously wrote ‘In truth, the gold standard is already a barbarous relic.’
Whenever Warren Buffet expresses a like or a dislike for a certain stock or asset, everyone seems to sit up and listen. Last month he famously once again denounced gold.
We have written many times before why we believe gold is still in a bull market.
The past month or so has caused those who invest in gold bullion a small amount of concern.
Amid reports of Germany and Switzerland requesting their gold from the United States, Jan Skoyles asks why do they want it back considering their monetary policies?
Jan Skoyles looks at the recent stories of countries abandoning the dollar for gold in international transactions. This will have implications for the gold price, but will it have an impact on further debates involving the gold standard.
We recently wrote about the difference between gold’s price and its value, demonstrating a significant difference between the two. We asked many fundamental questions which show whether or not the gold price is proximate to its value. The answer was it was not.