Dig It: These People are Burying Their Cash
Some people are withdrawing money from their FDIC insured, interest bearing bank accounts to bury the cash (or gold purchased with cash) in their backyards. A few years ago something like this would have sounded paranoid or at least eccentric, but it doesn’t seem that way anymore.
The gold price over Thanksgiving
Will the bullish bent for gold hold true this Thanksgiving Thursday and Friday?
If you haven’t seen a chart of the gold/oil ratio lately, check out this article.
Is the Great Bear Bullish on Gold?
The Central Bank of the Russian Federation continues to increase their holdings in gold. As the price of gold has fallen, their purchases seem to have accelerated.
Bring back the link between gold and the dollar
Many high profile publications are starting to voice the opinion. First, it was the Wall Street Journal, now the Financial Times.