Silver Dollars On Sale!
You know you need to have some gold and silver for protection - as a survival nest egg - should it be necessary, but ... beside the tremendous volatility and possible manipulation (For example: April 4, 2012 saw a $50.00 an ounce drop in gold based on rumors of tighter money - and a more pronounced $160.00 drop occured in October/November 2011) you've got to be saying to yourself: "Should I really do this?"
And, of course, it makes you feel manipulated.
Add to that the even more frustrating feeling that you may have missed the boat, right? And now you don't know if this is the beginning of the end for higher gold prices or one last chance to get in at a discount! After all, gold IS over $1,500 an ounce ... and HAS been up to nearly $2,000 an ounce.
Yes, it is all very confusing!
But then there is silver!
That other precious metal is just now beginning its run. Talk of $200 dollars per coin, and even more, are being seriously discussed among competent analysts. And that is in spite of economic conditions! In fact, recovery could signal a renewed interest in silver because of its industrial use.
Silver is hovering around $30 an ounce today so, if prognosticators are correct, you stand a chance of receiving six, seven (or even more) times your investment in a very short period of time (1 to 2 years are being considered likely).
We understand your reluctance and your concern. Anyone who is not concerned today just doesn't understand the situation!
So, should you buy silver and if so, how do you buy it at the most reasonable prices? What about the cost of shipping and handling? How much is your risk at these levels?
Let me answer that last question first: Your potential risk for holding a very good Morgan silver dollar is that it will return to the absolute lows established 12-years ago - approximately $12.00 per coin.
On the other hand, when silver ran to $50 an ounce during the late 70's these very same coins were worth $200 PLUS.
So, is there risk? Of course! Without some risk there can be no reward - simple as that.
Your risk can be as much as a 60% loss versus a potential gain of 700%. What stock or stock option can show you that kind of risk/reward? Unless you bought Apple at $80.00 a share and still hold it at over $600.00, you'll be hard pressed to find the same type of possible returns in the stock market.
Second question: The cost of shipping and handling. Many dealers make an additional mark-up by charging for shipping and handling! We feel that is misleading. The price you pay should include all additional charges (your State and local taxes being the only variable). And of course, with Morgan silver dollars you avoid assay fees.
Now the first question last: How (and where) do you buy quality coins at reasonable and fair prices?
There are 100's of dealers nationwide from which you can receive comparative quotes. It would be patently self-serving to state American Coin Guild has the best prices - after all, these are very active and volatile markets. Our best price at 9:00 a.m. may be the highest price at 10:00 a.m. All we can tell you is that our prices will always be fair.
We guarantee that each coin is a true US silver coin (either a Morgan or Peace dollar). If the coins are not consistent with what we claim them to be, simply ship them back to us for a full refund, no questions asked.
But, act quickly!
We are changing the business model for American Coin Guild due to draconian federal legislation that requires us to snitch you off to the authoriies when you buy and/or sell. We are not employed by Homelnd Security, nor are we willing to act as their henchmen. For that reason we are redirecting our coin efforts toward the more favorable sale of coin related tools such as counterfeit detectors, display cases, coin albums, safes, etc. With that said, there are very few coins left for sale from inventory! Don't let the few that remain slip away, you will likely not see prices like these again!
QUANTITY PRICING IS AVAILABLE, CONTACT US WITH YOUR INTEREST!
Gimmicks used to peddle coins!
That is a really poor choice for a title of this last in Bernanke's series of lectures.
Strange how history has a way of favoring the survivors. Nonetheless, much of the series has historic value. Some of it requires a suspension of common sense, other parts are bravely pastiched from the whole cloth of rhetoric, and every now and then, some facts do emerge. You will have to decide for yourself which is which
Bernanke grades his lecturees on a proprietary curve which he learned while playing quoites with Baron Rotschild and his other cronies in the Bildesberger. It goes something like this: Depending on the students lineage and family ties, they will get either a Pass, Fail or Welcome Aboard!
Listen as he indoctrinates the next class of world leaders in this final lecture at George Wahington University.
The following link will give you more on Chairman Bernanke's lecture series. Helicopter Ben 'splains the Fed to the next generation at George Washington University.
This is the first in a series of four lectures by Ben Bernanke.
Interesting to note that he begins by telling the students a prevarication (it wouldn't be kosher to call such an august man a liar - oh hell, if it walks like a duck, swims like a duck and quacks like a duck, chances are ... it's probably a bloody duck!).
Anyway, here for your elucidation ... and amusement ... are the erudite ramblings of "Helicopter" Ben!
Being all a-twitter with anticipation here, without further ado is: Bernanke, the Lecturer, Part One
When the US Dollar gets stronger, it takes fewer dollars to buy any commodity that is priced in $USD. When the US Dollar gets weaker it takes more dollars to purchase the same commodity.
For the very well heeled investor! A 14 minute film - but well worth the time for the education it offers.
We don’t need no stinkin’ gold! (Or silver either.) It’s just a barbarous relic of a by-gone era, right? Well, consider this – we’re spending nearly 12% of GDP in borrowed money that we don’t have. In just one month (May) in 2010 we borrowed and spent $333 billion – that is 28% of GDP!
The CBO (Congressional Budget Office) stated in a report: “In actuality, the economic effects of rapidly growing debt would probably be much more disorderly as investors’ confidence in the nation’s fiscal solvency began to erode. …..All in all, the U.S. economy could contract sharply for a long period.” (end quote). This is an 82 page document that is well worth your reading – unless you don’t give a damn! Hey! It’s your money Mr. and Mrs. John Q! If you don’t care, I can assure you your elected officials sure as hell don’t!
Is it any wonder then that Cramer, CNBC, the Wall Street Journal (including MarketWatch), Geithner, the Oracle of Omaha and all the government flacks are fighting so hard to maintain an illusion of control over the economy?
The U.S. government has printed so much money that the monetary base has swelled from $800 billion to $1.7 trillion. That means the US government has created 2.1.dollars for every 1 dollar there was in America just one year ago.
Gold: The same policies that are sinking the dollar have pushed gold up more than 350% in the last eight years. The Washington Times sums it up this way: “Dollar slides, investors hedge, gold soars”
China buys gold while the US whistles past the graveyard.
Political statements to the contrary; no one has a clue how this economic malaise will play out – although theories are as prevalent as marijuana at a San Francisco free clinic. The main cause of hyperinflation is a massive and rapid increase in the amount of money that is not supported by a corresponding growth in the output of goods and services. This results in an imbalance between the supply and demand for the money accompanied by a complete loss of confidence in the money, similar to a bank run.
It's important here to mention the lineage of the Bank for International Settlements. It is the most obscure arm of the Bretton-Woods International Financial architecture but its role is central. John Maynard Keynes wanted it closed down as it was used to launder money for the Nazis in World War II. Run by an inner elite representing the world’s major central banks it controls most of the transferable money in the world. It uses that money to draw national governments into debt for the IMF.
The Commodity Super Cycle will drive commodity prices higher for another eight years… including gold. Add to that the fact that since 2001, the US Dollar Index has tanked 30%… yet gold has risen 300%. Also, during major gold bull markets gold and the Dow converge at a 1-to-1 ratio. During the last gold bull run the Dow sank to 850 and gold rose to $850. All that, and six more bullish gold statistics...
Why would anyone want to pay more than the face (or intrinsic) value for anything? That defies common sense – - – doesn’t it?
After all, you wouldn’t go to the grocer and spend $5.00 a pound for bananas when you can buy them all day long for 50 cents a pound. Of course you wouldn’t! And that, dear friend is the argument (in fact the only argument) for buying bullion gold and silver. Buy it cheap – sell it dear!
There’s a problem with that philosophy however, the problem, as it relates to coins, hangs on the question of why you are buying the stuff in the first place. – there is another way to own gold, a way that adds a layer of safety not available to either bullion or bullion coins. Rare coins.
Yeah, I know! The $5 a pound banana!
However, you get something for that extra expense. Something that you cannot get anywhere else: Security!
Security from your financial safety net being confiscated by Uncle Sugar so that he can pay his own bills.
There is another benefit to investment coins: They pass through an individual’s estate tax free! Since there is no social security number required in the purchase or sale (at least at present) there is no trace of who owns what. They are shutting that window as I write this!
And finally, rare coins hold their value in both bull and bear gold markets. The reason: Scarcity! They are not minting anymore 1907 St. Gaudens $20 gold pieces and what few do exist are so desired that they hold their value
Gold and silver are the ultimate store of value and they are the only hedge during uncertain times.
Do you believe that gold and silver will rise in price and value or do you believe they are only barbarous relics of a bygone era, good for jewelry and some industrial uses, but nothing more?
If you believe that central bankers and the Treasury’s printing press is the answer to our financial dilemma then read no more!
Consumer protection or politics as usual? HR-6149 The Coin and Precious Metal Disclosure Act.
The entire gold market is worth less than Wal-Mart so it won't take much to make gold move (up and down).
China has doubled its gold holdings and encouraging its citizens to buy as well.