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Commodities (Precious Metals, Agriculture)

Staggering Stats About Silver Supply

By: Richard DoughtySLV, the silver Exchange-Traded Fund, could be viewed as the main alternate source of storage for silver, and it accounts for around 50% of world silver inventory. It seems that SLV has been raided heavily over the past seven weeks, Read more

Rob McEwen: Looking Ahead of the Curve

By: Karen RocheRob McEwen, a veteran of the resource industry, is CEO of US Gold Corporation and chairman of its board. He recently sat down with Roche for this exclusive, wide-ranging interview. While hoping to avoid the “darkest hour”, Read more

Gold May Decline 50% Before the World Cup is Over

(And the World Cup May be Won by a Herd of Wild Burundi Elephants)By: Eric JanszenA recent Morgan Stanley analysis predicts that gold will plunge 70%. Read more

Gold Reclaims its Currency Status as the Global System Unravels

By: Ambrose Evans-PritchardThe ECB has revealed that its systemic risk indicator surged to an all-time high on May 7, during the Eurozone money-market meltdown. “The probability of a simultaneous default of two or more euro-area large and complex banking groups rose sharply,” it said. Read more

Don Coxe Dissects Gold

By: Tyler DurdenWhat do you do if you can no longer believe in real estate, bank deposits, the dollar, the yen or the euro? What can you believe in? Gold. So old it’s new again, the yellow metal can’t be synthesized and acts as a store of value for future generations. Read more

So Little Gold

By: Arnold BockThere isn’t much gold around, and this is a key issue for those who invest in precious metals. Bock contends that, given the scarcity of gold and silver bullion supply, prices will go parabolic once governments, institutional and private investors realize supply is alarmingly insignificant. Read more

Will Economic Austerity Kill Gold’s Bull Market?

By: Dominic FrisbyOn 21 June gold broke out to new all-time highs above $1,260 per ounce, but then made a dramatic correction to around $1,190. That's quite a correction and it concerned a lot of people, so Frisby addresses whether this is anything more than a healthy pull-back. Read more

Irrational Gold Selling

The Mogambo GuruThe shrewd, funny and irreverent Mogambo was surprised by gold’s recent dramatic correction, since it indicated gold sales even in the face of the Fed’s dollar destruction through excessive money printing. “Apparently, Read more

Gold is Back as Money

By: Julian PhillipsIn its 2010 annual report, the Bank for International Settlements (BIS) said that “gold, which the bank held in connection with gold swap operations, under which the bank exchanges currencies for physical gold, stands at 8,160.1 million in special drawing rights, Read more

So You Think You Own Gold?

By: Erik TownsendThe principal contention of this article is that most investors who think they own gold or silver bullion really don’t. Most precious metals investments – including many touted as physical – are nothing more than paper promises. Read more

Don Coxe Dissects Gold

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By: Tyler Durden
What do you do if you can no longer believe in real estate, bank deposits, the dollar, the yen or the euro? What can you believe in? Gold. So old it’s new again, the yellow metal can’t be synthesized and acts as a store of value for future generations.
Until recently, the case for gold was almost always presented as a hedge against inflation. That case remains valid, because if the US and European economies revive, then the pressure on the Fed and ECB to raise rates will become intense, even though unemployment will still be at historically high levels and politicians will be screaming that any rate increases will punish the poor to reward the rich.
If the major central banks do not raise rates, investors worldwide will begin to bet heavily on a return of inflation. However, those monetary points of no return seem off in the distance, given modest US growth, and barely perceptible recoveries or renewed downturns within the Eurozone. Durden believes gold should be a significant component in most high net worth wealth preservation programs, and in most endowment and pension funds. For the first time since 1980, Germans and other Europeans with long memories are rushing to exchange euros for coins and small gold bars. Germans have watched as twice in the past century their currency was utterly destroyed.
They believed Ludwig Erhard, who crafted the plan for West Germany's post-World War II economic recovery, when he said their nation could have a currency that was as good as gold. That belief was the underpinning of Germany’s rapid post-war reconstruction, but the faith is now dwindling and individual savers are protecting themselves.