A Tale of Two Metals: One WAY More Valuable Than #Gold, The Other Historically Undervalued. A Tale of Two Metals: One WAY More Valuable Than Gold, The Other Historically Undervalued - The Daily Coin. A Tale of Two Metals: One WAY More Valuable Than Gold, The Other Historically Undervalued by: Stefan Gleason – Money Metals Gold is the metal of kings, the ultimate money, an eternal store of value, an untarnishable embodiment of beauty.
Gold is all those things. But it is not the most valuable metal you can own on a cost-per-ounce basis. Often, platinum commands a higher price than gold. Lately, platinum has traded at an abnormally large discount to the yellow metal. Metals investors who want to hold the most concentrated wealth in a single ounce bullion product should opt not for gold or platinum…but for a different platinum group metal called rhodium. Rhodium is scarce and thinly traded. Like platinum and palladium, the primary application for rhodium is catalytic converters for cars and trucks. Rhodium has quietly been in a raging bull market over the past couple years. As impressive as that quadrupling is, rhodium still trades far below its all-time high from 10 years ago. #SoundMoney Takes Center Stage in Presidential Campaigns.
Sound Money Takes Center Stage in Presidential Campaigns. By Clint Siegner, Money Metals Exchange Ron Paul put sound money issues on the national radar screen during his presidential campaigns in 2008 and 2012.
His push to Audit the Fed introduced Americans to the sordid origins of our central bank. For the first time, large numbers of people began questioning the benevolence and wisdom of an institution, wholly owned by the nation’s largest banks, with total discretion to do whatever it wants in near total secrecy. Ron Paul’s son Rand is not generating nearly as much enthusiasm as his father did. However, the issue of sound money is far from dead. Ted Cruz and Rand Paul both blasted the Fed in the Oct. 29th debate. “If you look at a single mom buying groceries, she sees hamburger prices have gone up nearly 40%. Rand Paul told the nation that he thinks “price controls” when it comes to the most important price of all — the price of money, namely interest rates — is a terrible idea.
Comment Here! Comments. Could Central #Bankers Be #Gold and #Silver's BIGGEST Allies? Could Central Bankers Be Gold and Silver's BIGGEST Allies? Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear from Dan Norcini, who joins us to break down the markets like no else one can. Dan discusses some of the wild moves in the markets of late, the thing he focuses on the most when trying to predict what’s ahead for gold and why he does not think the gold price is currently being manipulated. You will not want to miss an incredible interview with Dan Norcini, Trader Dan, coming up after this week’s market update. Well on Wednesday, Federal Reserve policymakers opted to keep interest rates unchanged. The decision came as no surprise in the wake of the recent disappointment in jobs numbers.
Precious metals markets rallied following the announcement. The wild intra-day swing was widely attributed to events overseas. One conspiracy fact that can’t be doubted is that powerful globalists in Britain and beyond want to stop the Brexit. Mike Gleason: It is my privilege now to welcome in Dan Norcini. Dan Norcini: Okay.