How Will Niagara Falls Fit Through a Garden Hose?
- Written by Marc Courtenay
- Sunday, 15 November 2009
“There’s no doubt in my mind that we’ll have a mania in gold. And because the gold and especially silver markets are so tiny, the rush into them will be like trying to push the contents of Hoover Dam through a garden hose. Our positions will go absolutely ballistic.” –Doug Casey, September 2009
Dear Readers,
Elmer Sutton’s eyebrows shot up when he saw the ad proclaiming gold stocks might make you wealthy.
Add a commentWhat If Everyone in the World Wanted a 1-ounce Gold Coin?
- Written by Marc Courtenay
- Wednesday, 30 September 2009
If we’re right about where the price of gold is headed, the general public will someday clamor to buy all things gold. While gold stocks will be where the real leverage is, the rush will start with gold itself. As a gold editor, I have a very natural question: is there enough to go around?
Add a commentIs the Fun for Gold Just Beginning?
- Written by Marc Courtenay
- Tuesday, 22 September 2009
Casey’s Gold & Resource Report
You likely heard that the Central Bank Gold Agreement was extended by the signatory banks last month. This is the agreement where central banks around the world agree to limit sales and to do so in an orderly fashion so as to not disrupt prices.
Add a commentWill the Real Price of Gold Please Stand Up
- Written by Marc Courtenay
- Sunday, 06 September 2009
Gold is traded around the clock and in so many places and in so many forms, ranging from the abstractions of futures contracts to the solid tangibility of rings and bracelets, that it’s not clear what the “real” price is. The question is more than a matter of curiosity, since many retail coin and bullion shops quote selling prices in terms of “spot plus X%” or “spot plus $Y.” When you talk to a dealer, what exactly does he mean when he refers to “spot”?
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Are We Being Conned About Gold Confiscation?
- Written by Marc Courtenay
- Thursday, 13 August 2009
Casey’s Gold & Resource Report
There’s a lot of Internet chatter these days about the possibility of the U.S. government seizing its citizens’ private gold holdings.
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