gold buying opportunity

The case for China raising its gold holdings seems compelling . . . .

One of my buddies likes to bug me about my gold views . . . .

A law recognizing gold and silver as currency and legal tender without qualification is now in full effect in Wyoming . . . .

Global trade war very positive for gold . . . .

Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He’s put half of his $5.7 billion net worth into gold . . . .

Gold has remained disappointedly range-bound through equity turmoil and rising geopolitical tensions. A flirt above $1360/oz last week was cut short by hawkish Fed minutes but more positive inflation prints could yet kick-start the returns needed to entice meaningful inflows . . . .

The BANK of ENGLAND announced its latest policy decision in London on Thursday, writes Adrian Ash at BullionVault. In effect it told UK investors and savers to buy gold. Because gold tends to rise when interest rates fail to rise faster than the cost of living . . . .

Investors should not take it for granted that inflation will rise from here, but whatever the direction of markets, gold is a prudent investment right now, according to Bill McQuaker, multi asset investment manager at Fidelity . . . .

Gold aficionados may remember Graham Birch who managed the Blackrock Gold and General Fund in its glory days before he gave it up to go farming – someone who got his timing spot on.  But although he may now be a farmer, Graham has kept closely attuned to the gold sector and his views are well worth listening to – particularly with respect to gold bullion . . . .

Billionaire hedge fund manager Ray Dalio didn’t just recommend gold last quarter. He bought a lot of it . . . .