Is investing in stocks a risky proposition? Possibly. I’m biased, since this blog is mainly about investing in physical silver. Here’s another opinion. Earlier this fall, the SEC accused a well-known personal finance expert, Ray Lucia, of misleading investors and ordered him to stop making false claims. My reaction to this was twofold: (1) I’m [...]
China’s Demand for Silver is Skyrocketing
China has been steadily buying up as much physical silver as possible. The following article examines why this is the case. Silver should be trading much higher than its current price, but it just shows the power of paper in the very short-term…. Continue reading the John Embry interview below… Advertisement To hear what billionaire [...]
US Mint Sold Out of Silver Eagle Bullion Coins Until January 7, 2013 | Coin Update
It looks like the US Mint is out of silver again. I wonder if this will become a common occurence? Authorized purchasers will be faced with a three week period during which there will be no American Silver Eagle bullion coins available to order from the United States Mint. The Mint recently informed authorized purchasers [...]
James Richards – “7 Years With Zero Rates is a Depression”
James G Richards was interviewed today and absolutely believes we are in a depression, by definition. Link: Fed Is Trying to Import Inflation: Video – Bloomberg. Didn’t find what you were looking for? Search our site!Loading
Is it Possible that Gold Will Reach $2000 Per Ounce Soon?
Will Gold touch the $2000 per ounce Mark? The Wholesale Gold Group posted an interesting article about whether gold will reach $2,000 per ounce in 2013. The article claims that this is a “reasonable expectation” for 2013. Quote: Although the price of the yellow metal dipped sharply in the last week of November, analysts are [...]
Platinum Bullion as Good as an Investment as Silver?
I found an article today which explains why platinum bullion may be the new precious metal to focus on in 2013. Quote from article: Investors however, often overlook the growing potential of platinum bullion, an oversight that may change in the months and years ahead according to a few of the reports we’ve seen. With [...]
The Problem With Fiat Money (video)
Regardless of what you see as the biggest problems facing the US – endless deficits, corporate bailouts, the welfare/warfare state – they are all either enabled by, or exacerbated by, our system of fiat money. Link: The extraordinary price of fiat money Didn’t find what you were looking for? Search our site!Loading
Gold & Silver Prices Set To Rise After the Elections
Seeking Alpha has an article showing that since quantative easing will be applied by our administration, the value of the dollar will decrease. This will increase the price of hard assets. http://seekingalpha.com/article/989691-gold-and-silver-prices-set-to-rocket-to-higher-ground Now that the presidential election is over we can hopefully look forward to some respite from the perpetual bombardment dished out by both [...]
What President Obama’s Win Means for Your Assets and Money
Money Morning’s advice for the next 4 years is to invest into global companies. He also seays to avoid small stocks, due to volatility. He sees gold as falling and then sharply rising. http://moneymorning.com/2012/11/08/heres-what-president-obamas-win-means-for-your-money/ As was widely expected leading up to the election, all of the major averages got slammed in early trading on news [...]
Could Silver Reach $97 an Ounce by the 2016 Election?
Here is an article explaining why gold could reach $3,700 and ounce by 2016 and silver reaching $97 an ounce that same year. http://moneymorning.com/2012/11/08/by-the-2016-election-gold-could-be-3700-an-ounce Since Obama was elected in 2008, gold is up 116% and silver us up a whopping 198%. Honestly, I expect a similar performance could well be enjoyed over the next four [...]
