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Today’s Key Gold Headlines – 1/25/13

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4 Little Known Facts About Gold Investing

Frank Holmes, a Seeking Alpha analyst, published an interesting commentary today, examining some under-reported bullish facts about gold in relation to other commodities and the stock market:

“While the precious metal did not shoot the lights out in 2012, gold’s bull rally goes on. It ended the year up 7 percent, making it a phenomenal 12th year in a row that gold rose in value. In a special gold bar version of the Periodic Table below, you can easily see gold’s rotation among the commodities from year to year.

What’s fascinating is the three-year rising pattern relative to other commodities that emerges when you focus on the bars. Over the past 10 years, gold has risen in position compared with the others for three years in a row, then fallen in relative position in the fourth year before repeating the cycle. Will it follow the same pattern and be in the top half of the Periodic Table in 2013?”

Read the Full Article Here

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Today’s Key Gold Headlines – 1/24/13

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Schiff at Vancouver Resource Investment Conference (Video)

Last weekend, Peter Schiff spoke at the Vancouver Resource Investment Conference, hosted by Cambridge House International. Peter took the time to record an interview with Bridgette Anderson, talking about his most recent book, The Real Crash: America’s Coming Bankruptcy, and how to prepare for a sovereign debt crisis and currency collapse.

“I was afraid the government would respond to the financial crisis by doing more of the same policies that caused it, which is more deficit spending, more cheap money, more central banking and central planning. And as a result, I think the US economy is now poised for a much bigger collapse. I think what is coming is a sovereign debt crisis, and a currency crisis that will make the financial crisis of ’08 look like the proverbial Sunday school picnic. I think it that it’s going to be much worse than what Europe is going through.”

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Today’s Key Gold Headlines – 1/23/13

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Schiff on This Week in Money

Phil Mackesy interviewed Peter Schiff on This Week in Money last weekend. Their conversation covered a lot of ground, from misguided Canadian and Japanese monetary policy, to Jack Lew and the US dollar’s recent decline against the euro.

“There’s a new rumor that [Japan] wants to start buying another $500 billion of our debt. That’s their stimulus plan. Print money and loan it to us. Loan it to America so we can blow it. And somehow their own country is going to be more prosperous because they squander hundreds of billions on US Treasuries. Look, the whole world has gone insane…

When you hear people like Obama talk, or Geithner, you want to buy even more [gold]. You can’t trust a politician with a printing press. These central bankers are going to destroy the currency all around the world. It’s important people buy gold and silver while they still can afford it. Before the price takes off.”

Listen to Peter’s Interview Here

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Today’s Key Gold Headlines – 1/22/13

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Doug Casey & Max Keiser Talk Currency War (Video)

Doug Casey appeared on Russia Today’s Keiser Report last week and had a wide-ranging conversation about the worldwide currency crisis and the strong case for gold. Casey observed:

“[Central banks] should be nervous [about Germany’s gold repatriation], because the assets of most central banks in the world are the paper currencies of other central banks, mainly the Federal Reserve…There’s no reason at all why they should trust that. So eventually they are going to start trading all that paper for gold.”

Doug Casey’s appearance begins at 15:40:

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Today’s Key Gold Headlines – 1/21/13

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Schiff Defends Gold Investing on CBS

On Friday, CBS MoneyWatch published Peter Schiff’s rebuttal to prominent gold skeptic Larry Swedroe, who had challenged Peter’s precious metals forecasting. Peter writes:

“In an article entitled “Ignore the ‘buy gold now’ crowd” on CBS MoneyWatch this Monday, columnist and equities analyst Larry Swedroe criticizes forecasters who remain bullish on gold despite its monumental decade-long run.

He links to an interview in which I forecast that gold will rise above $5,000/oz before this bull market ends. Unsourced, Swedroe modifies my prediction to $2,300/oz by the end of 2013. While I typically forecast overall market direction rather than timing, I’m fairly comfortable with the words Swedroe put in my mouth. I believe gold will continue to rise and close 2013 significantly higher than present levels, and I’m invested accordingly. What I find most disconcerting in Swedroe’s piece is everything that follows. He goes on to question both a) investment forecasting as a practice and b) gold as an asset in general.”

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