The Dow should be at 48,000!

By:  John Fisher One of the greatest dangers of a fiat money system is that over time people lose sense of what paper “money” is really worth. I say ‘over time,’ because, in the case of the US Dollar, this has occurred over a span of almost

Read more

Gold Will Trade Higher on Record Deficits

By John Fisher April 12, 2010 The U.S. government produced the largest monthly deficit in history last month at $220.9 billion. That’s 14% higher than the previous record set in February 2009. And the deficit through the first five months of this budget year totals $651.6 billion,

Read more

Why should I care about China?

Because their gold demand will double within 10 years! Published on China.org.cn, Xinhua, China – March 29, 2010 China’s demand for gold is set to double in tonnage terms within just 10 years, driven by growing needs for consumption and investment, the World Gold Council (WGC) said

Read more

The 6 Reasons to Own Gold

By John Fisher There are six primary reasons why investors own gold: As a hedge against inflation. As a hedge against a declining dollar. As a safe haven in times of geopolitical and financial market instability. As a commodity, based on gold’s supply and demand fundamentals. As

Read more

Gold Is a Lousy Investment

By John Fisher Gold is currently trading over $1,100 as I write this.  I expect that gold will trade sideways in the near term, most probably between $1,060 and $1,220.  However, gold’s impressive rise hasn’t prevented news media and individual investors from questioning the viability of gold.

Read more

Gold is Testing “Floor” Theory

By James Turk There is a popular point of view that the Reserve Bank of India put a “floor” under the gold market around $1050, which approximates the price at which it bought 200 tonnes of gold from the IMF.  The thinking is that other central banks,

Read more