Jump to Navigation
Home

Main menu

  • Home
  • Latest Stories
  • Markets Map
  • Trends and Sentiments
  • Leading Topics
  • News Search
  • Comments and Analysis

Secondary menu

  • Latest News
  • Top Rated
  • Most Popular
  • Archive
  • About Us
  • Google-parent Alphabet slips after its earnings report (...
  • UK 'underemployment' is worse now than during...
  • Seoul to heed lessons from past Korea summits
  • Gartman Puts On "Small Short Position", Futures...
  • "Spectacular Miss" By Key Apple Supplier Paints...
  • Jupiter Merlin’s three highest conviction funds
  • Everybody needs to upskill themselves in some form or...
  • Six lakh CBSE students to give economics exam again on...
  • Discounted online sales of direct sellers' products...
  • Online Eyeglasses Has Explosive Growth Ahead Of It

    Bullion's Sneaky Little Problem

    Wed, 07/04/2012 - 02:10 EDT - Seeking Alpha
    • GLD
    • Skyler Greene

    By Skyler Greene:
    Fellow Seeking Alpha contributor Shaun Connell recently wrote a response to one of my articles. His title was "Why Gold's Attackers Are Wrong." His core thesis was this:
    Gold exists not just as an inflation hedge, but as a currency failure hedge. If the dollar "dies" -- whether through hyperdeflation or hyperinflation -- then gold essentially wins.
    Some might then argue that we should just put money in an index fund, because it offers the same protection. This is, of course, absurd. It's paper, which means that a political movement can delete it. It can be gone. In minutes.
    Your assets can be frozen. The economy can fundamentally collapse. Corporations can be nationalized. You can't skip town with a trunk full of stocks, but you can certainly do that with a box of gold coins. And that'll never change.
    I enjoy reading Shaun's articles, and his argument does certainly lendComplete Story »

    • Original article
    • Login to post comments

    Related

    • Why Gold's Attackers Are Wrong

      By Shaun Connell:Gold (GLD) is probably the most misunderstood asset in all of investing, and likely one of the more emotional topics, rivaled only by companies with passionate fans like Apple (AAPL).

    • Bitcoin dividend play is leaving other digital coins in the dust

      By Olga Kharif Uncertainty surrounding another possible split in bitcoin is weighing on the value of the hundreds of other digital tokens that have been issued this year as the price of the biggest cryptocurrency soars. "Everyone always thinks about going to bitcoin as a conservative position," said Stan Miroshnik, chief executive of the Element Group, which helps startups with initial coin offerings. While bitcoin's underlying network is slated to go through a major software upgrade in November to increase transaction speed and reduce costs, it could also cause disruptions.

    • Buffett once said Gold is a way of going long on fear, agree?

      By Sahil Kapoor The world market was awash with a swarm of gold bugs after the financial crisis of 2008. Gold bugs are advocates of investments in Gold as a safe haven and a guard against financial Armageddon, hyperinflation, currency collapses and geopolitical troubles. A few years ago, gold bugs argued the precious metal was a can't-miss investment given the ultra-loose monetary policies around the world and the prospect of higher inflation. However, you can't find many gold bugs as the metal prices have taken a big tumble.

    • Do Mining Costs Provide A Floor For The Gold Price?

      ByHebba Investments:Fellow Seeking Alpha contributor Itinerant, wrote a recent article titled "Sorry Gold Miners...You Are Not Putting A Floor Under The Gold Price" in which he made the argument that there is no floor beneath the gold price when it comes to miners costs. Additionally, he stated the following:

    • Hugh Hendry of Eclectica Discusses Hyperdeflation, Europe, and Japan

      With the masses screaming their lungs of about hyperinflation, something that is highly unlikely at best, Hugh Hendry of Eclectica Talks About Hyperdeflation, why China might have a hard landing, and various off-the-beaten tracks Japan plays. Here is clip from a Barron's interview. Barron's: Where do you find yourself outside the existing belief system today?

    • Gold's $5,000 Inflation Hedge Based On Flawed Assumptions

      BySalman Ebrahim:Whenever there is a research note or comment suggesting gold (GLD) price estimates at $5,000 in two to three years due to inflation, I wonder at the inflation implied in such a forecast. The hyperinflation bogeyman allegedly lurking around the corner since 2008 threatens to turn all the trillions of dollars to dust when it shows up therefore it must be hedged against.

    • John Paulson Loses Over $300 Million On Friday's Gold Tumble

      There were many casualties following Friday's 4% gold rout, but none were hurt more than one-time hedge fund idol John Paulson, who according to estimates, lost more than $300 million of his own money in one day.

    • Annaly Capital Management: Point-CounterPoint With Skyler Greene

      By Regarded Solutions:Skyler Greene and I have collaborated on a pair of articles in which the "pros" and "cons" of Annaly Capital (NLY) are reviewed.

    • $10,000/oz Gold And The Money Supply

      By Skyler Greene: With all the advertising from companies offering to trade cash for gold (or sell you gold) and a news headline every other day predicting hyperinflation and the dramatic collapse of the dollar, it's easy to get confused about the future, and how gold will weather it. Many companies in the business of reselling bullion (or "news" websites funded by advertisements from such companies) have a direct financial interest in propagating these untruths.

    • Gold Looks Absolutely Terrible

      There are three mentalities for those with an interest in gold: the trading view the long-term investment view the religious view Traders see gold (and all precious metals) as vehicles to go long or short depending on the opportunity set, nothing more.

    Latest

    "Spectacular Miss" By Key Apple Supplier Paints Ominous Picture For iPhone Demand
    "Spectacular Miss" By Key Apple...
    The world's largest Coke bottler is shutting down operations in one of Mexico's most violent states because of constant attacks
    Coca-Cola beats (KO)

    Markets Map

    Markets Map

    Follow Us

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS
    S&P 500: 2579.37 0.16% FTSE: 7487.96 -0.07% Nikk.: 22420.08 1.82% DAX: 13465.51 1.75% HSI: 28594.06 1.22% FX: EUR/GBP: 1.1401 USD/EUR: 1.1618 JPY/USD: 114.1510 Commodities: Gold: 1276.1000

    Bullfax.com - Market News & Analysis 2008-2011
    Contact Us | About Us | Terms & Conditions

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS .

    Secondary menu

    • Latest News
    • Top Rated
    • Most Popular
    • Archive
    • About Us