Trump routinely pumped the coal industry, calling it “indestructible” and telling everyone on social media that “coal is back.” from Zero Hedge President Trump vowed to make “Coal Great Again” and restore […]
The post Coal Industry Imploding: Coal Shipping In US Industrial Heartland Collapses To 35-Year Low appeared first on Silver Doctors.
Authorities can now “requisition houses, facilities, materials, etc. as an emergency epidemic prevention response when necessary.” by Simon Black of Sovereign Man Are you ready for this week’s absurdity? Here’s […]
The post Chinese Province Approves Taking Private Property To Fight Coronavirus appeared first on Silver Doctors.
Dave Kranzler says nearly every sector of the economy is contracting, except in two areas. Here’s more… by Dave Kranzler of Investment Research Dynamics The stock market has become a […]
The post Fund Manager: The Stock Market Is A Powerful Political & Economic Propaganda Tool appeared first on Silver Doctors.
The only country outside of China that really seems to be taking the threat of novel coronavirus seriously is Hong Kong… by Ethan Huff via Natural News (Natural News) The […]
The post Could coronavirus infect 80 percent of humanity? Hong Kong scientist says yes appeared first on Silver Doctors.
Degussa Market Report/Dr. Thorsten Polleit/2-13-2020
“To cut a long story short: In a period of a real crisis, in case of massive market turmoil, the investor would indeed be served best if and when he has direct access to physical gold. Purchasing physical gold is fairly easy, and storage facilities can be obtained at reasonable costs. It may well be that Gold-ETFs meet institutional investors’ preferences and match their regulatory requirements. For all other investors, however, there is no compelling reason why Gold-ETFs should trump holding physical gold.”
USAGOLD note: Dr. Polleit makes a point similar to the one we have made here on numerous occasions: Holding gold in the form of an ETF is not the equivalent to holding gold in the forms of coins and bullion. The first is a safe haven commitment. The second is a speculative bet on the price. We should mention that USAGOLD offers independent storage of gold and silver and that the costs are comparable to maintenance fees at most ETFs. At the same time, you can take delivery of your coin or bullion holdings whenever you wish. (Please call for details.)
Image courtesy of Degussa Goldhandel
King World News/Eric King interview/7-26-2016
USAGOLD note: Yes, the date of the interview as posted above is correct. This interview though has enduring value and speaks directly to the situation in financial markets today. In this interview, Jean-Marie Eveillard offers insightful observations on the European Union and gold. On the latter, he suspected we were in the first stages of a new bull market and he was correct. At the time gold was trading in the vicinity of $1320 per ounce and it had risen in the previous six month period from a low at $1050. “Gold,” he said, “represents an attempt to protect one’s self against extreme outcomes.” We invite you to listen carefully to the voice of reason . . . .
