first majestic silver

Michael Kosares

Author, Editor, Founder, and Executive Director @ USAGold.com

Michael J. Kosares has over 40 years’ experience in the gold business. He is the founder and executive director of USAGOLD (both the website and gold brokerage service), the author of three books on the gold market, and the editor of "News, Commentary & Analysis," the firm's client letter. He has written numerous magazine and internet essays and is well-known for his ongoing commentary on the gold market and its economic, political and financial underpinnings. 

Michael Kosares Articles

Inflation, it has been said, comes as a thief in the night, and that it has. The famed British economist John Maynard Keynes warned of the dangers impressed upon an economy by inflation in his 1919 classic, The Economic Consequences of...
“Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it.” – Alan Greenspan, November 2014
“Everyone knows they need a safe haven, but everyone also knows the traditional ones (government bonds) no longer offer that safe haven. That turns us to gold, the one asset that has a 3,000-year record of protecting purchasing power.” –...
“Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in...
Gold glittered during the 1970s stagflation, but it also closely tracked the index more recently during the 2008 credit crisis and the 2020 pandemic-driven breakdown. Curiously, though, it has lagged the surge in the Misery Index over the...
1. Gold has produced positive returns in 16 of the last 20 years. 2. Gold’s average annual return compounded since 2001 is 10.32%. (2001-2020). 3. Gold has been a portfolio stalwart. A $100,000 investment in gold in January 2001 would be...
“As markets shake off their summer slumbers,” writes London-based analyst Bill Blain, “what should we be worrying about? Lots..! From real vs transitory inflation arguments, the long-term economic consequences of Covid, the future for...
“Despite everything that could be imagined, said, written, done, as huge events happened, it is a fact that there is still today no currency that can compare, either by a direct or an indirect relationship, real or imagined, with gold”...
There has been considerable, and some would say tedious, discussion on the subject of inflation over the past several weeks. The Fed wants it. The markets await it. Investors and consumers worry about it. If it does come, the Fed thinks it...
“It’s always been right to be skeptical when someone says ‘this is the year that inflation comes back,’” says M&G Investments Jim Leaviss in a recent Financial Times Big Read. “But for the first time, you can say this time is different...

In every cubic mile of sea water there is 25 tons of gold

Gold Eagle twitter                Like Gold Eagle on Facebook