From MAM GoldSwitzerland
Published on Oct 31, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert, discuss the Red Queen syndrome of running to stay in the same place - from money printing to fracking, more and more capital and energy are deployed just to stay economically even. In the second half, Max interviews Gregor Macdonald of Gregor.us about fracking, tight oil and the mythical future in which America is an oil giant - especially if oil prices EVER fall below $80 per barrel.
World Gold Council - Gold Investor Volume 4, October 2013
Download Gold Investor, Volume 4
Download the infographic: Gold as long-term strategic asset
The merits of gold as an investment receives a lot of attention. Investors and market commentators fervently debate whether it could or should be used to protect against inflation, to hedge US dollar exposure, or even tail risk events. And while there is enough literature for and against gold’s roles in a portfolio, or what measures should be used to assess its effectiveness, they are quite often inadequately defined.
Misunderstandings about gold’s properties have led to multiple articles contesting gold’s role as an inflation hedge, currency hedge, and tail risk hedge, among others. We contend that by properly defining these functions and using appropriate measures, gold’s purchasing power preservation qualities and risk management characteristics become apparent. While gold’s ability to hedge inflation or protect against a very specific kind of risk could be replicated by including securities constructed specifically with that objective, these can often be costly and add an additional set of risks, such as credit or counterparty risk exposure.
Gold is a well rounded, cost effective strategic asset, which held even in a modest amounts (typically 2%-10% of a portfolio) can help investors reduce risk without sacrificing long term returns.
According to HSBC's James Steel, the market was on a high-octane fuelled rally for a good five years so it is unsurprising things have cooled somewhat but that doesn't mean there is no further upside. Listen to the Mineweb interview here
Yes the Federal Reserve needs consistent printing.
From Greg Hunter
Published on Oct 29, 2013
http://usawatchdog.com/jim-sinclair-5... - According to Jim Sinclair of JSMineset.com, by 2016, "Gold will be $3,200 to $3,500 an ounce." By 2020, Sinclair predicts, "Emancipated gold will be $50,000 per ounce." As far as gold confiscation goes, Sinclair says that Its not going to happen, but a windfall tax could definitely be in the cards. Join Greg Hunter as he goes One-on-One with renowned gold expert Jim Sinclair.
Follow our CEO on Twitter