ChrisG

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    • Thu Jun 12th 12:59 PM | Rating: 0 0
      Commented on:
      Just Your Average Bear Market
      The one thing that does make this bear different from previous is the derivatives situation. There is currently only around $8 trillion in real money controlling $300 trillion or so in derivatives. The possibility of a derivatives meltdown leading to a collapse which even the FED can't backstop satisfactorily is to me what gives the current situation the potential to be worse than the average bear
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    • Thu Apr 3rd 00:11 AM | Rating: 0 0
      Commented on:
      Gold Bubble May Be Coming to an End
      Don't forget that Indians are the largest purchaser of gold, and they do so most typically in the form of jewelry, particularly as a dowry. So much of that 65% jewelry portion is actually for investment/storage of wealth purposes.
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    • Wed Apr 2nd 23:34 PM | Rating: 0 0
      Commented on:
      The Myth of Gold as an Inflation Hedge
      Wow, this is the most distorted, disingenuous analysis I've seen on this site. As others above mentioned, cherry-picking the time frame starting at Gold's all time high at the end of the 70's stagflation to fit the argument is a joke.

      In regards to gold price suppression by central banks, take a look at the gold lease rates: www.kitco.com/images/l...

      Yes, the short term rate actually went negative! Central banks are literally paying out to encourage borrowing (and dumping onto the physical market) of their gold.


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