Archive - November, 2010

Gold Does NOT “Fluctuate Wildly”

I wanted to write this post after reading some of the responses to a suggestion by Robert Zoellick (who happens to be the president of the World Bank) that gold might have a role to play in determining the valuation of future currency or set of currencies that uses more than just the US dollar as the world’s reserve currency. Continue Reading…

German Finance Minister Publicly Calls U.S. Financial Policy “clueless”

If you needed any additional confirmation that Mr. Bernanke and other U.S. finance policy makers are driving their country’s economy off a cliff at 300 kilometres per hour, I give you the German Finance Minister Wolfgang Schaeuble:

“With all due respect, U.S. policy is clueless,” Schaeuble said. “(The problem) is not a shortage of liquidity. It’s not that the Americans haven’t pumped enough liquidity into the market.”

This is quoted from an article by CNBC regarding the Federal Reserve’s recent asset-buying.

Silver Rocket: Engage?

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The past month in silver has been amazing to watch, especially alongside Helicopter Ben’s QE2 shenanigans.

Truly I hope that the general public is becoming more aware of the importance of Gold and Silver given the dollar debasement currently going on, especially with many claiming that it’s no longer safe to hold cash. Continue Reading…

A Brief Gold Montage From Munich

I wanted to share a few photos I took while I’ve been in Munich the past few days. There wasn’t a ton of exciting stuff to photo at the actual Precious Metals Conference, aside from some bling and trying to capture the number of people present (a lot, all ages, all genders). Continue Reading…

Rob McEwen, David Morgan and others at the International Precious Metals Conference, Munich

I came up to Munich yesterday to attend the Precious Metals and Commodities Show here this weekend. The number of junior Canadian mining companies in attendance is tremendous. It’s also nice to talk Vancouver with them, since most of them are headquartered in my hometown. Continue Reading…