“Evidence is mounting that the bottom for gold may be in. While there’s still risk, there’s a new air of bullishness in the industry, something we haven’t seen in over two years. An ever-growing number of industry insiders and investment analysts believe the downturn has come to a close. If that’s true, it has immediate and critical implications for investors. Doug Casey told me last week: ‘In my lifetime, the best time to have bought gold was 1971, at $35; it ran to over $800 by 1980. In 2001, gold was $250: in real terms even cheaper than in 1971. Gold is, once again, not just a prudent holding, but an excellent, high-potential, low-risk speculation.'”
Related posts:
Bitcoin: A Primer for Policymakers
NSA combining national ID cards, Internet intercepts, facial databases
Euromoney Endorses Bank of Israel Governor for Fed Chairman
WI sheriff tells residents to get ‘in the game’ and arm themselves
Another Warning Sign – NY Times Columnist Favors Capital Controls
Speed Camera Fines Challenged Worldwide
The Fight of Our Lives
What Do the Latest NSA Leaks Mean for Bitcoin?
White House Makes It Official: It Wants to Keep Snooping on Americans
How the System Treats a Good Cop
Drug-sniffing Dogs and their Handlers
Ben Swann Reality Check: Monsanto and Crony Capitalism
Air Force Bans Greek Yogurt With Hemp Seeds Over Anti-Drug Policy Concerns
Muslim community ‘vindicated’ after NYPD spy program produced no leads
The War on the Gig Economy Has Begun: Homejoy Is the First Casualty