Sunday My interest in Gold goes back to the 1976 when I panned in the Putumayo Province of Colombia. It drifted from my mind until around 1980 when I again began to accumulate Gold. Then the price crashed and I lost interest again. In 2006 (2007?) I attended a seminar by Professor Antal E. Fekete in Szombathely, Hungary. It was a startling experience and opened up a … [Read more...]
Dollar Price of Gold Will Fall
Tuesday For the reasons pointed out in a previous post, a large fall in the dollar price of Gold would signify the point where the debt problem has become so pressing that people have had to use their Gold to buy dollars in order to stave off personal ruin for a while longer. How perverse is that? At the very point where they most need the stability of Gold’s value, it … [Read more...]