A report in the United Kingdom’s Times newspaper, Marc Faber, who is credited with predicting the 1987 stock market crash a week before it happened, advised an audience in Tokyo recently that investments in things like gold and farmland will help protect against the chaos that things like future terrorist incidents and market meltdowns could bring.

(more…)

According to the company, it has just acquired three properties described as “highly prospective” which include the Stevens Basin Property near Eureka and the Weepah Property near Tonopah.

(more…)

In fact, a recent survey from AXA Equitable Life Insurance finds that 24 percent of consumers expect the economy to remain unstable with little, if any improvement in the near future. In contrast, the same survey found that only 12 percent of economists believe this is the case.

(more…)

A MarketWatch report this week noted that Wednesday marked three consecutive days of lower gold prices, which were said to be coming off a one-month high in light of comments from Federal Reserve Chairman Ben Bernanke suggesting that low interest rates are likely to remain in place for now because of ongoing economic uncertainties.

(more…)

One such example of investor uncertainty comes from the February edition of the Bank of America/Merrill Lynch Survey of Fund Managers.

According to the survey, many have investors have reduced their expectations for economic growth and are looking to more stable options, including cash. The investors are also said to be less optimistic about economic recoveries in emerging nations like India and China.

In February, only 51 percent of European investors expected economic growth in their region of the world, compared to 74 percent in January. A total of 42 percent believe that there will be no interest rate increase by the Federal Reserve before 2011, which reflects a broader expectation of a stagnant economy.

“Investors are questioning whether this is a pause in growth or a trend reversal. We believe it’s the former,” said Gary Baker of BofA Merrill Lynch Global Research.

Fortunately, investors have long known that they can turn to gold and silver investments during times of economic uncertainty and other financial setbacks.

John March is the Chief Technical Officer for the Superior Gold Group, his financial insights on precious metals are sought after by Gold & Silver Dealers globally.

If you have any questions about how to buy gold coins, and want to learn how to grow your portfolio call 888.374.4032 or write to askjohn@gold101.com.

The national debt is expected to exceed $14 trillion this year due to a combination of factors such as reduced government revenues and increased spending for stimulus purposes. The sheer size of the debt has led to greater attention being focused on fiscal responsibility, but so far, tangible attempts at fiscal responsibility seem to have largely been lacking among the nation’s leaders.

(more…)

The problem is especially pronounced in the current economic climate with so many countries having dramatically increased their spending as part of their respective stimulus efforts. However, when the recession got underway, many of these countries were already carrying potentially heavy and expensive debt burdens.
(more…)

A report by Bloomberg cited positive economic signals in Australia and China as fueling gains in industrial metals including copper, while concerns about sovereign debt problems in Europe were further fueling the momentum for investing in gold coins and similar options.

(more…)

A recent article in Canada’s National Post newspaper quotes analyst Alan Heap of Citigroup Global Markets as saying that China is the “most important source” of gold’s demand growth in the future, also noting that in 2009, demand in the country was up by 10 percent.

The newspaper noted that gold is getting increased attention from Chinese investors in light of the recent decision by the government to slow the pace of bank lending activity, which has helped to fuel concern about possible inflation.

Also, the report added that Asian banks have great potential to increase their gold holdings because they hold relatively little of it in comparison to European banks.

(more…)

A report in London’s Evening Standard newspaper notes that many in the finance industry see proposals by President Barack Obama and British Prime Minister Gordon Brown as unnecessary and potentially burdensome to the industry.

One executive was quoted as saying that if the proposed rules, which in the UK include a tax on all financial market transactions, turn out not to work, the results could fall somewhere between stifled growth and “another crisis.”

Overall, such criticism is reflective of the general uncertainty and unease that surrounds the economic recovery, which in the U.S. has so far been a slow and jobless one. There is also concern that a double dip recession could become apparent in the coming months, largely due to factors like the unemployment situation.
(more…)