BullionVault

After 100 years of the US central bank, does it deserve another try...?

Absolutely nothing! Well, except 5,000 years of value exchange, non-correlation, and preserving wealth...The current market environment has led many in the press to question golds value as an investment or an asset class, writes Miguel Perez-Santalla at BullionVault.

Four reasons to waste your time with the deeply historic, deeply human value ascribed to gold...

Planning to win is where you should start. But what if your opponent hits back...?

The world has become a smaller place and in no small part because of the internet. The internet has improved access to information and services to the individual as never before. But of course it I like a two-edged sword, while it has produced many benefits for society, at the same time it has increased some risks.

As an advisor your job is to know the most secure places to invest ones money. This difficult task only becomes more difficult when confronted with demands for an alternative investment.

As stock markets gyrate with each new economic crisis in the U.S. and abroad, advisors are scrambling to find ways to protect against a precipitous market slide. Can you assure your clients that their portfolios have effective insurance against a severe jolt to the capital markets?

It comes to something when every story you read in the papers makes you ask: Whats the agenda? says Miguel Perez-Santalla at BullionVault.

My favorite section money and investment is a shell compared to what it was like 20 years. Still, many times there are gems to be read. In February 2013 under the section Heard On The Street was a piece written by David Reilly entitled Too Big to Fail Casts a Very Long Shadow and it put real fear in me.

Todays United States GDP (Gross Domestic Product) report of 2.5% was nearly as expected so lower. The actual expectation was 2.6% that puts our average for the year now at 1.8%. This is not a good GDP. The United States GDP indicates what direction the country is going. It tells us whether we are growing and getting stronger or just stumbling by. Quarter to quarter it is much better but the number for the year so far tells us we have a long way to go.

Todays government shutdown and the looming threat of negotiating over the debt ceiling should drive gold and silver higher. However, not unlike what we saw during the first week of the Sequestration in March, gold and silver have been sold off. Silver is holding better than gold against the onslaught having dropped only 2.56% while gold is down nearly 3%.

In 2008 the CFTC received a series of complaints about the silver market. According to their release today the most widely asserted complaint was that because silver product prices such as coins and bullion were higher that the price of silver futures should have also experienced an increase. The other complaint was that large shorts in the silver market were responsible for lower future prices.

Todays GDP report of 2.5% was nearly as expected so lower. The actual expectation was 2.6% that puts our average for the year now at 1.8%. This is not a good GDP.

Picture of me 7For BullionVault I am the only employee outside of head office. But I am still on the all staff email. For which I am very grateful. I get to hear all the comings and goings of the employees as they often bring back treats from the different destinations where they have been on their vacations. I plan myself to bring something special to them when I go to London in December.