Tag Archives: jim rogers

With each passing day, there is more and more speculation in the markets that China is accumulating and holding more gold than they’re letting on. China reports official reserves to the International Monetary Fund, but the nation is far from transparent on the real extent of their reserves. With just some simple math and extrapolation, […]

This past week, all attention was on Syria. Whether it was in Washington, at the G20 summit or on a cable news network, debate raged about whether the United States should take military action, and if so, what exactly that action should be. It’s a critical story to follow, one that will have massive ramifications for our country and the rest of the world. But with all eyes on Syria, three critical events have flown under the radar. These demand your attention…

These days it seems as though the Fed controls every twist and turn from the financial markets. Ben Bernanke can so much as look at someone the wrong way and the markets will swing wildly. With more and more Americans finding it increasingly difficult to control their own destiny, they’re looking for a way to free their savings from this mess. Fortunately, there is one…

Gold suffered a setback last week, closing Friday at $1651.50, with silver faring no better, closing at $29.89. What does this pullback mean for the long term? It’s probably too early to say, as most of the experts are citing domestic troubles in the US as reasons for these latest movements. Remember, events such as the US jobs report and the country’s lurch towards the fiscal cliff are just a small part of what drives the precious metals market, so in the long run, their relative impact on the movements of gold and silver should be minimal. As we report here weekly, the precious metals market is a global system. This week, news from outside the US really underscore how important it is to take a view of gold and silver from an international perspective. Get ready for Shanghai to come on line and watch out for renewed unrest in South African mines and liquidity issues in mining in South America. So despite some knee jerk reactions domestically, the same global supply and demand issues remain. If you understand this bigger picture, you were one of those who called into our office in the last week and snapped up some deals. It’s not too late.