It causes an allocation of more capital into non-productive assets such as gold, collectibles, land, etc.
Investors feel good and start pulling their money out of nonproductive assets such as gold.
Low interest rates reduce the opportunity cost of holding non-yielding assets such as gold.
The EU debt crisis flaring up again has been a supportive element for safe-haven assets such as gold.
Fluctuations in the dollar will always appear first in international commodities such as gold, oil or food ingredients.
Materials, such as gold, that would not react to other substances become reactive.
The uncertainty has prompted a flight from production and into traditional refuges such as gold, property and even carpets.
To make these liabilities credible, free banks would probably have to make them redeemable into something else, such as gold.
Cover is essentially sedimentary rocks that sit atop any perspective deposits, concealing potential metals such as gold and copper in Australia.
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But many others are backed by everything from loans to developers to accounts receivable to valuables such as gold and jewels.
Monetary policy would then be guided by the market prices of a basket of inflation sensitive precious commodities such as gold.
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To create the metal rubber, layers of non-conducting polymers are alternated with layers of metal ions, such as gold, silver or platinum.
Asteroids could yield precious minerals such as gold, platinum and rare-Earth metals.
Gains on collectibles, such as gold coins, are generally taxed at 25%.
The government said in February that it would issue inflation-indexed bonds to wean away small investors from buying unproductive assets such as gold.
This would be a global currency explicitly backed by a basket of a dozen or so precious commodities, such as gold, silver, oil, etc.
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Analysts have said that weakness in equity prices have prompted some investors to sell profitable positions, such as gold, to shore up losses in stocks.
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These bonds are meant to wean away small investors from buying unproductive assets such as gold that have contributed to the country's record-high current account deficit.
My take: While this is likely an investor concern, it would presumably have more of an impact on industrial metals, such as copper, as opposed to precious metals, such as gold.
The firm described a picture in which there were outflows from the broadly diversified ETPs but inflows into ETPs that track certain single commodities, such as gold, silver, oil and natural gas.
Market tops in the U.S. stock indexes would mean less investor monies flowing into stocks, which would also suggest increased investor and trader demand in other asset classes, such as gold and silver.
The Fed should be mandated to follow a price rule conducting monetary policy in accordance with sensitive market prices, such as gold and other commodities, maintaining the purchasing power of the dollar without inflation.
This new security situation, the ongoing reduction in tariffs and the relative low cost of labor force will be translated into an increase in foreign investment in sectors such as gold and coal mining, oil exploration and manufacturing, to name a few.
Before that time, it was basically clear that outside of wartime (when gold-standard conventions were often suspended), you could basically count on the dollar holding its value against major things like the consumer price level, foreign currencies, and commodities such as gold itself.
In short, when the dollar is in decline limited capital tends to flow toward hard assets such as gold, land and rare art that already exist, and away from the stock and bond income streams that will fund the creation of wealth that doesn't yet exist.
The most important, in the United States and in most other countries, is a positive declaration that gold, and gold-based instruments (such as gold-based bank accounts and so forth) would be permitted for monetary usage, just as we use dollars or, for that matter, foreign currencies such as Canadian dollars or euros.
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It has also spurred massive interest in miners such as Yamana Gold (NYSE: AUY) and Hecla Mining (NYSE: HL) and has even spawned funds that seek to capture different sections of the gold value chain, such as the Market Vectors Gold Miner ETF (NYSE: GDX).
Reagan-era economic growth, and gold standard proponents such as financier and Gold Commissioner Lewis Lehrman and author and former Kemp presidential co-chair Jeffrey Bell (with both of whom this writer is professionally associated) have been notable in their advocacy for a 21st century gold standard, as has such a respected figure as Steve Forbes.
Speculators prefer their gold in the form of exchange-traded funds such as SPDR Gold Shares (GLD) and iShares Gold Trust (IAU) rather than in bullion because of their low transaction costs, liquidity and the ability to margin their holdings.
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