Categories

Economy & Politics

Tools

  • Economy & Politics
  • Investing
  • Personal Finance
  • Related Posts


    Core Inflation Jumps Most Since October Due To Rent, Healthcare Costs
    Signs That ‘The Elites’ Are Feverishly Preparing For Something Big
    Conspiracy Theorists, Bloggers Compared To ISIS During Congressional Hearing
    No Matter Who Wins The White House, The New Boss Will Be The Same As The Old Boss
    San Antonio Woman Fined $2000 For Feeding The Homeless
    House Votes 240-179 To Repeal Estate Tax
    Yahoo Has A Bad Habit Of Buying Talent Through Acquisitions
    Gasoline, Shelter Costs Lift U.S. Consumer Prices
    U.S. Companies Use More Of Their Bank Credit Lines In Sign Of Confidence
    Where Have All The Consumers Gone?
    There’s No Shortage Of Bad Ideas On Social Security
    Why Are Republicans Still Bashing Congress?
    The Changing World Of Work 4: The “Signal” Value Of Credentials Is Eroding
    Housing Starts And Permits Miss Badly As “Warm Weather” Rebound Fails To Materialize
    Initial Jobless Claims Miss By Most In 2 Months, Continuing Claims Collapse To Lowest Since Dec 2000


    Currency Wars Likely To Spark Gold Rush

    There is a great deal of speculation among economic experts that an unavoidable global currency war is on the horizon; gold investors rejoice.

    The precious metal is lauded by some as the ideal investment to hedge against economic calamity and disregarded by others. But there is little doubt that countries around the globe artificially devaluing currencies make gold a safe haven asset.

    “We are now moving irrevocably to a time when gold will measure currencies, not currencies measure gold,” said Julian Phillips, a South Africa-based contributor and founder at GoldForecaster.com.

    Some investors are speculating a rise in gold against all currencies as more people realize that all nations are artificially manipulating fiat money, driving inflation up. Gold hit a six-month low on Friday, but it is still worth more than six times as much as it was just more than a decade ago.

    Some gold investment proponents suggest that now is the time to get into gold, before more governments make moves to revive the global economy from a possible collapse resulting from currency wars by getting as much of the precious metal into central banks as possible.

    “There isn’t enough free market supply to feed this demand. Only higher prices that precipitate selling of currently held gold will increase this amount. If the banking system joins the picture, then substantially higher supply will be needed, which will bring with it substantially higher prices,” according to Phillips.

    Discuss this Story:

    Comment Policy: We encourage open discussion. Comments including racist statements, profanity, name calling or spam will be removed at our discretion. We use filters for spam protection. If your comment does not appear it is likely because it violates the policy.

    U.S. And Global Property Bubble Fears Mount
    The Collapse Of The Petrodollar: Oil Exporters Are Dumping U.S. Assets At A Record Pace
    March Housing Starts Rise But Miss Estimates
    Mexico Reaps Investment, Jobs From Auto Boom
    Fed Beige Book: Economy Still Growing But Slowly
    U.S. Jobless Claims Rise; Continuing Claims Lowest Since 2000
    China March FDI Robust At $12.4 Billion, Outbound Flows Up 29.6 Percent In First-quarter
    Putin’s Iran Game Bests Obama
    Why China’s Numbers Are Worse Than They Seem
    Cuba Is Not A Terrorist State
    Boehner: Obama Made A Deal With The Devil
    Putin Boosts Congress’s Case For Role In Iran Deal
    Clinton’s Perfect Running Mate
    Hillary Clinton Isn’t Inevitable
    US Industrial Production Plunges By Most Since Aug 2012, Utility Output Drops Most In 9 Years
    330 Million Citizens & Only One Democrat Interested In Being President
    Ron Paul Asks “Who Profits?” From The New Militarism
    Leaking Las Vegas: Lake Mead Water Levels Continue To Crash
    However Low Interest Rates Might Go, The IRS Will Never Act Like A Bank
    Protester Interrupts ECB Press Conference
    36% Of Millennials Have Never Had Credit Card
    Critic Says Banks Still Too Risky
    Muni Failures Grow Increasingly Ominous, Harbingers Of Systemic Collapse
    Euro Zone Downbeat On Chances Of Greek Deal Next Week
    China Growth Slowest In Six Years, More Stimulus Expected Soon
    The Reagan Tax Debate Is A Distraction
    India’s Argument Against Net Neutrality
    China’s Great Wall Of Sand
    The Seven GOP Long Shots Who Still Have A Chance
    Which Marco Rubio For President?
    Read more from Economy & Politics...

    Liberty Investor Digest

    Get today's most important
    financial headlines all in
    one place by email!



    Sources


    close[X]

    Sign Up For Liberty Investor Digest™!

    Get Liberty Investor Digest FREE By Email!

    Input your name and email address in the fields below and get today's most important financial headlines sent straight to you inbox!

    Privacy PolicyYou can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.