You may be familiar with the fact that the Chinese government has encouraged its private citizens to store a portion of their personal savings in gold, a topic we’ve covered here. It’s a different approach from the US government which vastly prefers to promote IRAs, 401(k)s and the like, over cash-to-gold conversions. Ironically, as an [...]
Richard Russell has identified six reasons for why the price of gold is likely to head higher. Here’s a highlight from each of the explanations…
1. With interest rates near zero there’s basically no opportunity cost to choosing to buy gold over Treasuries.
2. The Fed is going to keep building debt, and will eventually cause “world-wide central [...]
With gold at about $1,060 an ounce, and numerous forecasts of much higher prices, it logically follows that investors would consider a wide variety of avenues for claiming a stake.
Of course the options range from buying gold bling to speculative gold-related alternative investments, and today, The Money Game picks 11 top strategies worth reviewing and [...]
