Come June 30th, with the supposed end of the “I’m not printing money” money printing that is quantitative easing, the US government will have lost, in theory, two of its biggest buyers– the Federal Reserve and Japan. And with both China and the OPEC nations slashing their own Treasury purchases, it leaves one simple [...]
Peter Schiff explains how to ride out these economic hard times:
“It’s very simple. The fed is giving us a clear road map. My investment strategy is based on the Fed continuously doing the wrong thing. So far, every time I have voted on the fed doing the wrong thing I have never been disappointed [...]
A very well known investor and Chief Executive of Rogers Holdings, Jim Rogers, was on CNBC this morning warning that the U.S. is approaching a financial crisis worse than 2008. Below is some of this starting comments from the show:
“The debts that are in this country are skyrocketing. In the last three years [...]
Gold and silver have a 6000 year history for their use as a currency, and until the last century, the price of gold and silver maintained a healthy valuation ratio of 1 ounce of gold to every 15 ounces [...]
Gold and silver prices were lower Thursday on mixed economic data and light volume. Gold for June delivery was down $9.70 to $1,517 an ounce at the Comex division of the New York Mercantile Exchange. The metal has stayed between $1,531.10 and $1,515.10 while the spot gold price was down $8.40, according to [...]
Bloomberg is reporting today that “most emerging-market stocks fell, with two shares dropping for every one that gained, amid concern tighter monetary policies will hit company earnings and hurt the [...]
These are the final 5 reasons to purchase gold bullions. You can clink on this link to read 6-10.
Reason 1: Gold Bullion Coins Are Pure Assets
Gold bullion coins are perhaps the only true asset in the world. This is a novel concept. Let’s [...]
The fear of inflation is heating up as on Wednesday the Bank of England suggested that “there is a good chance” inflation will hit 5% later in the year, far above the target rate of 2%. Elsewhere, on the same day, Chinese inflation figures surprised on the upside.
A Beneficiary [...]
Popular Topicsalternative assets bernanke Bullion Buy Ceiling china Coin Coins comex Commodities Crash Crisis Currency Debt Debt Limit dollar Economy Euro federal reserve Fiat Money futures Gadhafi george gero Gold Greece IMF inflation interest rate Investment IRA Italy Libya Money Peter Schiff Platinum precious metal Precious Metals Prices QE3 rbc Ron Paul Safe-Haven San Diego Silver spot gold