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By Eric McWhinnie |
February 28, 2013
It was not exactly a lovely February for gold bugs. Between talks of a great rotation into risk-on assets, and confusing language from the Federal Reserve, the precious metal experienced heavy-selling pressure to reach new multi-month lows.
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By Eric McWhinnie |
January 21, 2013
The price movement of gold and silver often attract much attention. When prices make a noticeable increase, it regularly leads to perma-bulls calling for the next great explosion in precious metals. On the other hand, any dips or corrections lead to critics calling for an end to the 12-year bull...
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By Eric McWhinnie |
January 17, 2013
In the last press conference of his first term, President Barack Obama warned Congress that it must raise the debt ceiling to avoid disastrous side effects. However, ridiculous platinum coins and the nation’s gold reserves appear to be off the table.
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By Eric McWhinnie |
January 4, 2013
On the surface, gold is not often seen as a convenient financial instrument. It is old fashioned, requires a place for storage and is not easily obtainable for the average American at current prices. However, the precious metal continues to evolve as the worldwide financial crisis motivates individuals to seek...
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By Eric McWhinnie |
December 10, 2012
What is considered a safe haven can change depending on market conditions, but a few asset classes typically come to mind. In the current financial landscape, there is a growing need for true safe havens.
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By Eric McWhinnie |
September 21, 2012
After remaining calm for most of the summer, precious metals have been on the warpath like they have something to prove. Their move started last month and accelerated with the Federal Reserve’s latest quantitative easing program.
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By Eric McWhinnie |
September 20, 2012
A Bernanke led Federal Reserve has been very kind to precious metals. Since the Chairman was appointed in early 2006, the price of gold has increased from $570 an ounce to more than $1,700 an ounce.
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By Eric McWhinnie |
September 12, 2012
Gold and silver have been performing like they both have something to prove. While some may be quick to label their rise as a comeback story, investors should keep in mind that the safe-havens never truly lost their glitter.
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By Eric McWhinnie |
August 31, 2012
Gold's role of sound money in the financial system has been determined by market participants for thousands of years. Investors seeking a hedge against devaluing fiat currencies and poor fiscal policy often turn to gold, and today’s market is no different.
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By Eric McWhinnie |
August 29, 2012
Although the price action in gold can be frustrating at times and cause dips in quarterly demand, the bull market is still intact as demand continues to increase with the growing need to protect capital with non-printable assets.