India and China considering paying for Iranian oil in gold instead of US dollars in order to circumvent the oil embargo. This could severely hurt the sanctions that the US and Europe are imposing in an attempt to shut down the Iranian nuclear program. Circumventing the dollar is also not good for the value of the
dollar.
Please accept my heartfelt appreciation for the many years of sound advice you have given me in regards to owning gold.
Along with invest ... (More)
— Ellen, California
Gold
1,374.73
-19.68 (-1.41%)
-19.68 (-1.41%)
Silver
22.45
-0.50 (-2.18%)
-0.50 (-2.18%)
Platinum
1,464.00
-32.00 (-2.15%)
-32.00 (-2.15%)
Palladium
752.00
-1.00 (-0.13%)
-1.00 (-0.13%)
US Dollar
84.03
+0.23 (+0.27%)
+0.23 (+0.27%)
Three Phases of Bull Market Explained
Every major primary Bull Market takes place in three sentiment phases.
By: Lynette Zang
Since currencies are created from debt (government bonds) and supported by the ability to create more deb ... [Read More...]
Every major primary Bull Market takes place in three sentiment phases.
By: Lynette Zang
Since currencies are created from debt (government bonds) and supported by the ability to create more deb ... [Read More...]
