Tim Iacono

Is Vanguard Blogger John Ameriks Right That ‘It’s Too Late for Gold’?

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Writing for the Vanguard Blog, John Ameriks offers these thoughts about how the world’s smartest investors are foolishly piling into gold and how some of the richest people in the world are deluding themselves if they think the metal will help preserve their wealth. We’ve been hearing a lot about gold over the last few months, … Continue reading “Is Vanguard Blogger John Ameriks Right That ‘It’s Too Late for Gold’?”

One Step Closer to De-flation

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Source: http://timiacono.com/index.php/2010/07/16/one-step-closer-to-de-flation/#more-6331 The Labor Department reported that consumer prices fell 0.1 percent in June, down for the third straight month, paced by further declines in energy prices. On a year-over-year basis, the government’s measure of annual inflation fell from 2.0 percent in May to just 1.1 percent in June, the lowest level since last October … Continue reading “One Step Closer to De-flation”

GLD Inventory Nears Record High

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The “tonnes in the trust” at the popular SPDR Gold Shares ETF (NYSE:GLD) rose by another tonne yesterday, the latest in a series of small additions in recent weeks, bringing the total to within three tonnes of the all-time high set last June at 1134 tonnes. Interestingly, the entire move up last fall in the … Continue reading “GLD Inventory Nears Record High”

The Recurring Gold “Bubble”

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If Gold is in a bubble, then it was in 2006 and 2008. That is atypical of a real bubble, that pops and doesn’t reinflate.

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