Our Current Credit Contraction We are in the midst of a credit contraction. The great trading institutions on Wall St have gone broke, changed their nature or merged with other firms. Banks everywhere are under examination as to whether they are sufficiently capitalized. Loans by financial institutions are all being examined to see their validity.… Continue reading History Determines that Gold Miners are the Place to Invest
Tag: gold exploration
Buy Gold or Buy Shares of Gold Companies – Reviewing 10 years of buying physical gold
The press and the commentators report on the daily fluctuation in the price of gold. In the last 5 years, the spot price of gold has risen from $450/oz to $1,250/oz. On a compounded basis, if you had bought at the right time 5 years ago, and sold now, you would have achieved roughly an… Continue reading Buy Gold or Buy Shares of Gold Companies – Reviewing 10 years of buying physical gold