Commodity Trade Mantra

Posts Tagged ‘Supply of Gold’

Gold: Not Just Another Commodity, A Safe-Haven in Times of Uncertainty

Mainstream media pundits, economists, and journalists alike love to lump gold in with other commodities. They put it in the same category as oil, copper, wheat, natural gas, and other things that come out of the ground. Gold historically attracts capital flows in ways that these other commodities do not. Gold is a superior safe-haven asset to own in times of financial duress and uncertainty.

Why Gold Backed Money Doesn’t Bring Booms and Busts

The injection of money out of thin air generates bubble activities while disappearance of money out of thin air destroys these bubble activities. In a true gold standard without central bank manipulation — this cannot take place & money cannot disappear since gold cannot disappear. Thus in the gold standard, if not abused, is not conducive of boom-bust cycles.

ABN AMRO: Safe Haven Status of Gold Should be Revised

The volatility in the price of gold is getting a lot of attention from investors world wide, more than ever. ABN AMRO is trying to change thousands of years of history by saying gold’s safe haven status should be revised, all because the price of gold did not behave as they expected in recent years.

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