The old saying “cash is king” may soon be dealt a major blow. Governments around the world are experimenting with the idea of going 100% “cashless.” While this may sound like a good idea, it perpetuates the trend toward our monetary system becoming increasingly hyper-efficient. This is not a good …
3 Charts Show Why Value Investors Should Look at Gold
As they say, a picture is worth a thousand words. Thus, today’s post is mostly visual. Many markets have had a nice run over the last several years. In fact, they are approaching levels that, in the past, have signaled they may be getting overvalued. The first chart is that …
Exchange Traded Funds: Real Gold or Fool’s Gold?
One negative by-product of a global economy is that cheap knockoffs can rise up in nearly any market, and can harm both the brand and reputation of the original product. In some respects, this is what has happened with the creation of gold (and silver) Exchange Traded Funds (ETFs). From …