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At USD $1160, a lot of gold owners are looking at the paper price right now and panicking. The conventional wisdom is that, because it takes fewer pieces of paper to buy an ounce, gold is a bad ‘investment’. This isn’t the right idea. It shouldn’t be viewed as an
November 12, 2014 Santiago, Chile When Wolfgang Amadeus Mozart first came to Prague on 11 January 1787, he was an absolute sensation. His smash hit opera Le nozze di Figaro had been released in the city a few months prior, and the people were absolutely wild about it. So this
November 11, 2014 Santiago, Chile This past week Brazil announced that it will be building a 3,500-mile fiber-optic cable to Portugal in order to avoid the grip of the NSA. What’s more, they announced that not a penny of the $185 million expected to be spent on the project will
November 10, 2014 Santiago, Chile It started off as a simple border checkpoint to keep what Soviet Foreign Minister Vyacheslav Molotov called “Western agents” out of East Berlin. Then they erected a barbed wire fence and started using a system of official travel passes to cross the new border. East
November 10, 2014 Santiago, Chile It’s happening. With increasing speed and frequency. The People’s Bank of China and the Canadian Prime Minister’s office issued a statement on Saturday stating that Canada will establish North America’s first offshore renminbi trading center in Toronto. China and Canada agreed on a number of
November 10, 2014 London, England [Editor’s note: This letter was written by Tim Price, London-based wealth manager and editor of Price Value International.] In 1975, Charles Ellis, the founder of Greenwich Associates, wrote one of the most powerful and memorable metaphors in the history of finance. His essay is titled
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