Another Gold Correction Is Coming
• Jeff Clark via LewRockwell.comThe gold price has been rising steadily for almost a year now, with nary a correction. It fell only 4% last month, and the biggest decline since last July was January’s 6.2% drop.
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The gold price has been rising steadily for almost a year now, with nary a correction. It fell only 4% last month, and the biggest decline since last July was January’s 6.2% drop.
This country had the chance to avoid the disastrous meltdown of 2008 and following, the one that has led to the nationalization of industries, the creation of oceans of paper money, and the destruction of so many American dreams.
We have had a lot of conversations about Chile as ‘the new America.’ In short, this is a country that is full of opportunities, open to foreigners, and where the government just leaves you alone.
"Fortune seekers hoping to strike it rich in California's ongoing gold rush may find their dreams dashed by new environmental rules that state lawmakers say are too costly to enforce.
Utah this week became the first state to legalize the use of gold and silver coins as legal currency, the according to the Associated Press.
Utah became the first state in the country this month to legalize gold and silver coins as currency. The law also will exempt the sale of the coins from state capital gains taxes.
Last night I lay back on my couch and had a couple of glasses of red, while reading an article from 1980 about the Hunt brothers and the events that surrounded the last spike in Silver to $50.
It’s getting harder and harder to continue to brush off Andrew Maguire’s claims as the rantings of a rogue trader with a nutty online following.
He cited statistics from the United States Mint showing that its issuance of the American Eagle silver bullion coins generated more than $55 million in profit in 2010.
To start us off, Jim asks, “Simon, I’m attending the workshop in Panama and I have gold (200 oz’s in total) I would like to store outside the US. I would really like to know if it is legal to carry gold into Panama, can you help?”
Lynn Swearingen (c) copyright 2011 ALL RIGHTS RESERVED Been laid off? Rising Health Insurance premiums got you down? Having to eye that gold heirloom necklace that Grandma left you to buy a few groceries? Thinking of seriously speaking to your De
Gold is in a 2nd stage of a bull market. We will see a more rapid price appreciation than in the past years. Price target until 2015: 8000 Dollars. Price manipulation has come to an end. Gold as natural alternative to currencies. Chances of hyperinfl
Made mostly of steel and simply heavily plated with silver, China is making these things by the thousands.
In Late September, 2010 we received our first of several reports of some suspicious Engelhard 100oz silver bars. They were underweight, and it at first appeared that they were real Engelhard bars that were shaved (where someone would cut off a small
Those selling the jewelry to dealers would have their photo identification copied. For sales of more than $100, sellers would be fingerprinted and couldn’t be paid in cash.
After the worst January for precious metals in two decades, investors still have a $102 billion bet on higher prices, hoarding more gold than all but four central banks and more silver than the U.S. can mine in almost 12 years. The five analysts
Beth Deisher is editor of Coin World newspaper and Steve Roach is associate editor. Together they have addressed the problem of counterfeit coins coming out of China. Recognizing these numismatic forgeries is becoming more difficult as the level of s
As the topic of US Mint silver sales is not new to our readers, after we first brought attention to the record January sales by the Mint, we will not dwell much on it, suffice to say that the final January tally is in. And at 6,472,000 ounces, this i
Ever want to try your hand at being Indiana Jones and get rich doing it? Well, if you don't mind deadly bugs, reptiles, hostile native tribes, Piranha and assorted other nuisances and death traps you might consider packing up and heading to the Amaz
HOW I WOULD INVEST A $100,000 WINDFALL: I would probably put 80% in precious metals. ADVICE FOR INVESTORS: They should be in fear of the whole financial system collapsing.
Unlike stocks or bonds, gold has no earnings, no profits, and no dividends to use as a basis for estimating value. In fact, gold has negative cash flow due to such things as transportation, storage, insurance, and interest expense or opportunity cost
"What's the best way to buy silver?"
We were at a meeting for about 100 local businesspeople. And while the asset manager talked about how useless gold is, I thought, My readers haven't worried about gold's industrial uses... They've simply pocketed hundreds of percent profits.
If you haven't taken our repeated advice to buy silver, the market just gave you an extraordinary reason to take action... right now.
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Ten consecutive years.
With gold near $1,400 per ounce, major gold producers are going to make a ton of money in 2011.
"Silver is now more attractive than it has been in decades," my colleague Porter Stansberry wrote to his subscribers.
Financial advisors always compare the advantages of one stock, ETF or mutual fund over another and write articles explaining their position. Gold dealers are no different. It’s important to understand the advantages and disadvantages of each type of