Quick Search

Advanced Search

Subscribe via RSS

  • Home
  • Gold and Central Banks!

Gold and Central Banks!

“What precisely are governments and central banks seeking to protect with their gold holdings and acquisitions?” asks Laissez-Faire Books editor Jeffrey Tucker.

Silly Goose! They are protecting their population's and their depositor's financial well being, of course. They are taking on the "risk" of stocking up on that barbarous relic in order to protect us from our folly of stockpiling it for ourselves. 

After all, for our protection, their system and their interests must prevail - right? Then again, as much as they love shoving that paper stuff down our throats (risking the total destruction of the means by which we provide for ourselves), when it comes to themselves, governments and central banks find that gold serves them very well - thank you very much!

Of course they deny it, but their purchase orders speak more loudly than their press conferences. Governments destroyed the gold standard long ago, but they know that there is no surer means of financial security. And it has proven that beyond a doubt over thousands of years.


Comments (1)

Kelly Ann Pope
Said this on 1-27-2012 At 09:18 pm

‎'The demise of the dollar' - Arab oil states kissing goodbye to the greenback.. sure tell sign the dollar lose more value.. no more petro dollars means no us dollar.. means less value for the us dollar.. Go For the GOLD! I am buying in grams to lesson the burden of price.. I am thrilled to have saved for my family. 

Reply to this Comment
Post a Comment
* Your Name:
* Your Email:
(not publicly displayed)
Reply Notification:
Approval Notification:
Website:
* Security Image:
Security Image Generate new
Copy the numbers and letters from the security image:
* Message:
Click here for a list of HTML tags permitted in comments

All Blogs

Welcome!

Please accept this no gimmicks invitation: We are expanding our Beta testing of "Picks and Shovels". The store for all coin related tools. We are going to add ten (10) new partners over the next few days. If you would like to participate just resp...

The Economy: Who's on First?

Abbott and Costello were one of America's funniest duo in the 40's and 50's. Here's a reprise of one of their routines that is still current: COSTELLO: I want to talk about the unemployment rate in America.ABBOTT: Good "subject". Terrible "time...

Soros to World: "Sorry 'bout That!"

George Soros, who is not exactly a candidate for British knighthood anytime soon, has been sounding off on the world economy. Now keep in mind this is the same man who almost singlehandedly destroyed the currencies of the Pacific Rim nations over ...

And in Other News ...

The EU is delivering on its threat to ban the import of crude oil from Iran, due to its nuclear program. The latest round of sanctions prohibits any new oil contracts, while allowing for existing deals to run until July. Ah, but those cagey bazaa...

Good BS Takes Time to Manufacture!

As just about no-one outside the Beltway knows, publication of the transcripts of Federal Reserve Board meetings are always made public ... only it is always five years after the fact! (Nothing strange or suspicious in that! Every board of directo...

Secret Service - the Hobnail Boots!

One interesting observation fromt the Florida FUN show was the number of folk from eBay. They were meeting with dealers, the Professional Numismatists Guild and other organizations. It was postulated that the Secret Service is now actively trainin...

Gold and Central Banks!

“What precisely are governments and central banks seeking to protect with their gold holdings and acquisitions?” asks Laissez-Faire Books editor Jeffrey Tucker. Silly Goose! They are protecting their population's and their depositor's financial we...

Sign of the Times?

Will this year never end? Perhaps a very significant sign of the times (or at least the state of the coin market), is the Friday, January 6, 2012 announcement from the American Numismatic Association at the conclusion of the Florida United Numisma...

Ready for Your Lump of Coal?

    Christine Lagarde, head of the Intenational Monetary Fund (IMF) referring to saving the euro zone — "There is no economy in the world, whether low-income countries, emerging markets, middle-income countries or super-advanced economies that wi...

Season's Greetings!

MERRY CHRISTMAS to you all! Thank you all for giving us a terrific 2011. Now it's our turn to give ... and, while we are not ready to completely unveil our offering yet, let me assure you we WILL have some great things coming your way in very ear...

Own Your Own Store!

"PICKS AND SHOVELS” Have you noticed that every week someone else gets into the online gold and silver business? And every empty storefront, gas station and convenience store is now “buying gold”? THAT’S THE GOOD NEWS!  It means that every one of ...

Oops!

A few observations on the recent precious metals market: Chancellor Angela Merkel sent gold on a continued dive on news that she would oppose raising the €500 billion funding cap for Europe's bailout fund. The hope had been that there would at lea...

Want Income? Come Join Us!

American Coin Guild is growing and we want you to join us! We now offer you the opportunity to earn substantial income on a commission basis.   No Risks yet Big Rewards You don't purchase any products! You don't pay any fees! In fact, there is no...

Picks and Shovels Is Here!

American Coin Guild is growing and now offers you the opportunity to earn unlimited, ongoing commission income!  Let American Coin Guild put you into your own independent business with no out-of-pocket costs, no fees, no commitments, no inventory ...

The Fix is in!!!!

It wasn't exactly Bretton Woods but it was a meeting of world Banksters. In fact, it was more like the mob meeting with Don Corleone. They promised to lower their "vig" and that set off a Wednesday market blow off. News that global central banks, ...

The Fed's First Audit

Now this is interesting! The Treasury is now offering us the handsome return of a whopping 2% if we will only lend them our money for 10-years!  Boy! I better jump on that deal! At the same time the first audit in the Federal Reserve’s nearly 100 ...

Happy Thanksgiving!

Ah, yes! Holiday season! My favorite time of year! Here's wishing only the very best to you and your friends and family - and as for the Indianapolis Colts ... Well, here's a wishbone for you. Hey! That may be the answer, a Wishbone offense, what ...

Who'd have guessed?

According to a report in the Wall Street Journal's MarketWatch: "The U.S. congressional committee assigned to draft a plan for cutting $1.2 trillion from the nation's deficit over 10 years is expected to announce Monday that it has failed, the Wal...

Sacre Blue!

According to Bill Bonner and Addison Wiggin of the Daily Reckoning: "The price of insuring a 5-year French government bond is now higher than the price of insuring various “junk” and “near-junk” sovereign borrowers! (Yet) France still carries a A...

Are You Paying Attention ?!?

Just giving everyone a head's up! You will soon have the opportunity to own gold and silver coins at wholesale prices and ... we will set you up in business selling not only coins but all the ancillary products such as; holders, cases, flips, magn...

Zorba isn't Dancing!

Okay! So the EU is saved and the Greeks ship another wooden horse to Germany and France and then wonder why no-one is singing and dancing! Well, actually, someone is: The Central Banks! They get to redeem the Halvah they sold as caviar over the pa...

What's That Coin Worth?

We are inaugurating our new page devoted to coin evaluations: "What's That Coin Worth"! So, to get it going, I thought we'd have some fun. Occasionally (Perhaps once a week) we will present a coin on the page and ask you to guess it's value, or it...

Shades of the Hunt Brothers!

The Commodity Futures Trading Commission on Tuesday approved rules limiting trading in the commodities market, seeking to curb excessive speculation and potential manipulation. Not to mention keeping a lid on those pesky gold and silver bugs. The ...

Pimping the Trader!

The recent "up/down", "up/down" of precious metals is beginning to feel like one is watching the making of a XXX movie. Unfortunately it's nowhere near as pleasurable ... particularly for metal traders. This is one of those times when gold and sil...

I'm Not Judgin'!

I'm not judging ,,, I'm just saying: Has anybody noticed the avalanche of "I'm a Mormon" ads on TV lately? Maybe it's just me ... and maybe I'm just being politically incorrect, but with Romney in the race, you don't suspect there's any collusion ...

Euro-nating in Greece's Corn Flakes!

While Greece, Spain, Italy and gold and silver may appear to be down for the mandatory 8 count one must keep in mind that this is only Round 4 of a 12 Round title elimination match. And someone will be eliminated! But it isn't likely to be gold an...

Dow Down 500 Points in 2 Days - No Problems Here!

Well, let's see here: The Standard & Poor’s 500 just closed below its August panic lows, Broward County, Florida cuts back it's 911 emergency service for lack of funds, Greece just barely won its current round of Russian roulette with the EU (...

Elvis Has Left the Building!

Although the "Fat Lady" isn't singing yet ... she is warming up in the wings! The damage done to the gold and silver markets the past 10 days is technically substantial and, particularly in the case of gold, stands on the precipice of negating and...

Crash and Burn!

 Gold prices are tanking as investors dump gold for cash after the Federal Reserve's downgrade of the U.S. economy and disappointing operation twist led to a deep selloff in stocks. Operation twist is the Fed's attempt to exchange near term debt f...

Brown-ie Points!

On Friday, U.K. Prime Minister Gordon Brown did not mince words. In a speech to the World Economic Forum in China, Brown delivered the following message: "The euro cannot survive in its present form. It's going to have to be reformed dramatically....

Trouble Getting Started, Part Two!

The other day I compared an investor who is new to the precious metals markets to a beginning tennis player. Those first few, tentative forays onto the court will leave you exhausted, bewildered and humbled. (And if you would like to add humiliate...

Trouble Getting Started?

While all of us dream of owning rare gold and silver coins very few ever start the process. Why is that? Because, as a beginner the prospect, and the process, of collecting anything worthwhile seems difficult! It's like learning to play golf or te...

Unbloodybelievable!!!

Just when we were getting prepared for a nice little sell-off - and a rest on the way to $2,000+, gold goes and confounds the pundits once again! As of 3:30 Sunday morning gold is trading overseas at: $1,829.10 up $57.80 (it is, in fact 10 cents h...

How's That Again?

No wonder investors are confused! 1 - "Gold reaches new highs because of the earthquake in Japan." 2 - "Gold plummets because of the eathquake in Virginia." 3 - "Gold turns from being a haven to being a risky bet." 4 - "Germany tells Eurozone part...

Inexpensive Silver Dollars

So many have asked me to offer lower cost, yet valuable coins either because of financial constraints or because they are just getting started and need to get comfortable with the Hobby of Kings before they extend themselves or whatever reas...

Of Hookers, Surgeons and Gold!

This is from Eric Fry Editor of the Daily Reckoning: "Gold has been making a lot of headlines these days – both because of the success it has achieved and because of the failure that so many investors seem to anticipate. Despite the fact that go...

Keeping my Promise!

I stated last Friday that I would have an overview of our financial affairs - and, as with any affair, it is going to cost us an awful lot of money! The question now facing the average investor (if there ever was such a critter) is "Do I buy or do...

Joint Select Committee Members

... of the Super Commission are in the house! My question is who left the door open? Why does that conglomeration of Washigton's best and brightest not releave my concerns? Uber Senator Pelosi appointed three well meaning functionaries to lead the...

Don't Eat the Sausage!

According to Myra Saefong over at Marketwatch: "Gijsbert Groenewegen, (don't ask me to pronounce it ... don't even ask me to spell it) a managing partner at Silver Arrow Capital Management, pointed out a few good reasons why gold and silver are a...

Whither the Dow?

Whither the Dow? Or perhaps it's wither the Dow! Monday's stock market open is expected to be ... shall we say, negative? Certainly, if Asia is any indicator, we are in for a very bumpy ride this week. But, forget the Dow for a moment and let's...

Econ 101 - Do you Understand it now?

Hey, I'm not judging ... I'm just saying! The following puts Congress and the Senate under the microscope revealing the real problem. Aides have been spelling it out so that everyone (including those duly elected) should be able to understand. T...

More Perils of Polyanna

Hype, hyperbole and happy talk are the three pillars of governmental obfuscation (that's lying)! And Polyanna, naive urchin of a simpler era, just could never keep pace with the rhetoric of the professional politician. Eveerything they told her, e...

61 and counting!

On the eve of Washington raising the debt ceiling (does anyone really believe they won't?) there are continued signs of just how fragile this "recovery" really is. Three more banks join the ranks of the bankrupt. Way to go fellas! And what do you ...

Polyanna #2

So the story goes that Polyanna went to her bank to ask about a loan, to which the bankster said: "No problem! We'd be delighted! How much can you lend us?" (Bah dum bump!) As mentioned in our last report, the rating agencies are holding up unreal...

Polyanna Was a Pessimist!

The other night my grandson wanted me to read him a fairy tale - I read him the Congressional Record! (Drum roll please!) That might be funny if it weren't so damn serious! The President stated in his speech the other night that the economic probl...

When It's Time to Sell - Summary!

Summary It is your choice which way you choose to sell your coins. There is no right or wrong way. It is a matter of getting the best prices possible. You can choose to sell in multiple ways over time. You can break ...

When It's Time to Sell - Part Eleven!

Method 5. Sell at a Club This is selling as a social activity. Many coin collectors who are longtime club members might remember their favorite collector. “Old Joe” has attended all the meetings you have ever been at, and he j...

The Paper Chase!

If this isn't a sign the economy is screwed I don't know what is: Hundred dollar bills have become more common than the $1 denomination according to the Bureau of Engraving and Printing. During the period ending Sept. 30, 2010, the BEP paper mill...

When It's Time to Sell - Part Ten!

Method 4. Sell at a Show Sometimes the dealer or dealers you know best do business at shows and so it is at a show that you would like to sell your coins. This works well for portable quantities of coins. However, the larger the quantiti...

All Time Highs in the Gold Pit

Fed Chairman Ben Bernanke suggested in testimony before Congress that the U.S. central bank is prepared to further ease monetary policy should economic conditions warrant. In other words, fasten your seatbelts folks we are aboout to take off on...

When It's Time to Sell - Part Eight

Method 3. Sell Online: With the advent of eBay in the 1990s collectors interested in selling their coins themselves now had a venue. You can sell one coin at a time at any pace you choose. You can sell a whole collection this ...

When It's Time to Sell - Part Seven

Method 2. Sell at Auction: For over a decade now, public auctions have been doing very well at getting the maximum value for coins. If your collection is of a certain size and quality, it might be in your best interest to consider consignin...

When It's Time to Sell - Part Six

Here are Five Ways to Sell: You have educated yourself about coin prices, you have a full and accurate inventory and you are ready to courteously contact would-be buyers. Now what? Method 1. Sell Your Coins to a Shop: Visiting a coin shop...

When It's Time to Sell - Part Five!

Tip 5. Don’t Send Coins Unsolicited: You would think that it hardly needs saying, however - sadly - it must be said: Do not send coins without the recipient knowing something is coming. The recipient should know precisely what is coming and t...

When Its Time to Sell - Part Four!

Tip 4. Be Up-Front and Honest This is sort of a DUH factor! Honesty in coin dealing is not only the best policy - it is the ONLY policy! That is, if you intend to stay in the game.It's important to know what you don't know! If you don’t know some...

When it's Time to Sell - Part Three

Where the real money is: Tip 3. Complete Sets Are Easier to Sell It is far easier to sell complete sets of various American coins (and you will receive better prices) than coins accumulated by gosh and by golly! Accumulations may have some goo...

When it's Time to Sell - Part Two!

We are in the midst of a several part analysis of what you need to do when it comes time to sell your gold and silver. It is crucial to have an accurate inventory of what you are trying to sell, and the buyer needs to know what you are offering....

The Sky is Falling - Not!

For all my friends and followers who have voiced concern on the recent drop in gold prices, I offer you the following chart from Kitco: This is a current chart of gold from June 2001 through the close of trading today, June 27, 2011. Do you see a...

When it's Time to Sell - Part One!

Selling your gold and silver coins? There are do’s and don’ts to follow. Following are a few tiips for when you prepare to sell your gold or silver and, as we explain in our book "Going for the Gold" ,there are five popular methods of selling. Ti...

$7,500 gold!

Tim Guinness interviewed by Hard Asset Investor (Van Eyk & Co.) on the price of gold: "The world's monetary system is a failed experiment with fiat money and we've been engaged in deceit and self delusion since 1970. Well, if that is the case...

The Ultimate Currency!

Gold is as hot as a teenager’s libido — up 39% this year and nearly 75% from its low in October 2008. And it’s not just in terms of the U.S. dollar.  According to Sean Brodrick at Weiss Research: Gold is also up 130% in relation to the euro, 170% ...

Honoring Dead Lions

"A Nation of Sheep will beget a Government of Wolves." Edward R. Murrow. It is unfortunate that this current generation did not have the torch bearers that earlier generations had. In fact, it is doubtful if many under ...

Mr. Roger's Neighborhood!

Mr. Rogers is at it again! Making sense in the face of economic/political stupidity! Gotta admit, I love the statement that there is "no reason to raise taxes when the State can print all the money it wants". This is a must watch 6 minute inter...

Fake Out!

New figures indicate there are £41 million fake £1 coins in Britain – that's one in every 36 in circulation. This is a record level and suggests that the proportion of counterfeit coins had tripled in the last decade. The situation has worsene...

Everett Dirksen’s Nightmare!

"When a member of the House moves over to the Senate, he raises the IQ of both bodies.“ Everett Dirksen, US Senator 1950-1969.  It was he who also made the infamous statement that; “A billion here, a billion there – pretty soon you’re talking ab...

The Last Honest Currency

There was an interesting article recently in The Daily Reckoning written by Gary Gibson editor of Whiskey and Gunpowder. Following is an outtake from that article. It makes for an interesting read: “The US nickel has been cupro-nickel since 1946:...

Social Security Went Belly Up!

On September 30, 2010, all you youngsters (those of you under 45) just got stiffed! Uncle Sugar did it to you again! What happened? Sept 30, 2010 was the tipping point for social insecurity. That was the day that more money started being paid out ...

A Penny for Your Thoughts Just Got Very Expensive!

Image Courtesy of BluCC Photos. On March 04, 2010 the highest-graded 1909 V.D.B. Matte Proof Lincoln cent sold for over $200,000. This is to date the highest price ever paid for a regular-issue business strike or proof small cent, includi...

Coin Education!

The following is an excerpt from our book on how to invest in precious metals: “Going for the Gold” How to handle your coins: 1 - NEVER clean a coin. A major mistake uninformed coin enthusiasts make is cleaning their coins in order to make them ap...

Under Water, Under Collateralized and Under God!

This report was presented in one of Addison Wiggin's great financial letters: By Frederick Sheehan North Weymouth, Massachusetts "The world is undercollateralized. This is the single most important feature of the 2011 economy. Sixty years ago, if...

King Currency!

Gold and silver have lasted as money longer than the Micenean, Egyptian, Greek, Persian, Roman, Spanish and English empires combined, even though each of them tried diligently to replace the precious metals with another form of specie. No...

Rounding out our Top 10 Mistakes…

#10 - Not understanding value: Closely aligned with mistakes #5 and #8 is not being able to determine value. Bear in mind, value is in the eye of the beholder. That value may be deserved or it may be overly optimistic. If it is a gold or silver...

And the Next to Last Mistake is…

Mistake # 9 - Not knowing how much to invest  As a rule of thumb, the percent of gold and silver in your portfolio should be an absolute minimum 5% of your net worth. That is without taking any regard of economic conditions. In troubled times you...

It Ain't Over 'til It's Over!

With a nod to Casey Stengal, it is not over yet! The correction, that is. While it would be nice to see gold, and particularly silver, spike higher from here, it is unlikely. Here's why: Rarely has a hyperbolic blow out top ended the way it began ...

#8 - Not Understanding Premiums

Mistake #8: Not understanding premiums  This is similar to Mistake #5 but with a twist. The premium on a bullion coin should reasonably be no more than 10% above the spot price of gold on the day you buy it (and that's a maximum amount). More typ...

Avoid Gold and Silver - Mistake #7

#7 - The mistake of not knowing the product: Lack of education is a major reason people buy high, sell low or acquire the wrong product for their needs.  Our book, “Going for the Gold” will go a long way in raising your understanding of all the...

Mistake #6 - Short-term Expectations

Continuing our Top 10 Countdown of Investor Mistakes with # 6: #6 -  Short-term expectations Speculation is best left to the stock and commodity traders. Gold and silver are hedges, or security, against financial calamity. If you are not looking...

Cinco de my-oh-my!

Let's see, gold fell $40 today, silver is down 25% in a week, oil is under $100 a barrel - my god! Happy Days must be here again! And yet ... the Financial Times reported this morning that Mexico bought 100 metric tonnes of gold in the first qu...

Mistake #5, Quibbling Over Price

I certainly hope you are not one of those sad people who know the price of everything but the value of nothing. Before you start building your coin collection, examine your motives. Are you looking for a discount on gold and silver coins or are ...

#4 in Our Top 10 Mistakes

Moving on down our Top 10 List of mistakes: #4 - Buying stocks or ETF’s as substitutes for physical gold. While speculating in the stock market may be profitable, the risks, as we've all learned,  are formidable. A mining company may be taken ove...

Mistake Number Three

Third on our list of the 10 mistakes coin investors make: #3 – Not knowing a coin’s history Coins minted during significant historic events or at historic locations are of the greatest value to investors. Knowing what you have stuck in your soc...

The Second Mistake Collectors Make

Continuing our study of the mistakes folks make in the precious metals market let’s look at the advantage or disadvantage of discounted  gold and silver prices: Mistake #2 – Buying bullion because it’s cheaper. Bullion is cheaper for a reason. W...

Mistakes Gold and Silver Buyers Make!

The following is from Chapter 3 of my new book; “Going for the gold!” This is the First of Ten Mistakes That Gold and Silver Buyers Make in the Market (subsequent posts will address the rest): 1. Rarity – Many have made the mistake of assuming tha...

Pay Attention, There Will Be A Quiz!

Starting Monday, May 2nd, we will begin running a 10-day series on mistakes to avoid in the gold and silver markets. This series is lifted from Chapter Three of our book "Going For The Gold!" and is a must read for anyone in, or contemplating, the...

And What’s in Your Wallet?

Let me share something with you - the current price of gold is immaterial. irrelevant and inconsequential - and here’s why:  ! – If you are a gambler and are trading the ups and downs of daily, weekly or even monthly prices then you really aren...

Banks Face Fraud Charges

As if you needed another excuse to own gold: An Italian judge ordered JPMorgan Chase, Deutsche Bank, UBS and a banking unit of the German company Hypo Real Estate Holding to stand trial for fraud in their handling of interest rate swaps a...

Who's Really in Charge?

Send in the clowns! In case you haven’t noticed – we are not in charge, we are embroiled in an oligarchy. Oligarchy  – from the Greek,  a form of government in which power effectively rests with a small segment of society distinguished by roya...

A New Gold Standard?

The precious metals markets are going through the roof! Silver - over $40 dollars an ounce! Gold - over $1,500 dollars an ounce Adding fuel to that fire is the fact that the Fed is printing an additional $600-billion-dollars! Now that spooks marke...

You Want Me to Deliver What????

Saving the World, One Gold Coin at a Time! Silver at $40 plus an ounce, seems a little pricey to me. That is, until I look at the cause: First, silver available for delivery on the commodity market for March was nowhere near the demand. In other w...

Welcome to Amerika!

The following items were culled from newspapers and public records – and if you need even further reason to be buying gold and silver – read on (no wonder our economy sucks!): 1 – The city of Cleveland plans to sort through curbside trash to ensur...

More Mistakes to Avoid!

TheStreet.com in late 2010, offered advice to first-time gold buyers. It is short, simple, and actually full of good advice! According to the article, there are three main mistakes to avoid: Rule #1 – Don’t get ripped off by premium Many companie...

$10,000 Gold?

This article was written by Kenneth Rogoff in the China Daily News (chinadaily.com.cn). SAN FRANCISCO – “It has never been easy to have a rational conversation about the value of gold. Lately, with gold prices up more than 300% over the last decad...

Gold As Medicine!

Here's some interesting information from the Gold Bureau:  Gold, it turns out, is good for treating cancer. One particular area is in the detection and treatment of prostate cancer. Surgeons use tiny rice sized grains of gold to more accurately lo...

Discounted Silver Coins?

From 1980 to 1991, silver was being ‘distributed’. In other words, silver sellers were more active than silver buyers. Ergo, the discount on silver and silver coins. Eventually, those circumstances changed, and silver’s price stopped fallin...

The Fed the Rothschilds and Gold!

What do The Rothschilds of London and Berlin; the Lazard Brothers of Paris; Israel Moses Seif of Italy; Kuhn, Loeb and Warburg of Germany; and the Lehman Brothers, Goldman Sachs and the Rockefeller families of New York have in common? Recor...

Coin Collectors You Might Know

Excerpt of an article from The United States Gold Bureau: “Throughout history there have been many famous people who were known to be numismatists or coin collectors, a hobby which is shared by millions of people around the world. Some names ...

Booyah This, Cramer!

Here’s the deal – If you were offered stock in Apple or Google at $35 a share – would you take it? And if you did, would you place a stop loss order, just in case your entry price was too high? That is exactly the prospect in front of you right no...

Discount Silver is WAY Too cheap!

According to a report by Richard Daughty (aka:The Mogambo Guru): A June 2010 brochure from silverinsidersreport.com contains these interesting facts about SLV, the Exchange Traded Fund (ETF) for silver: The writer, Peter Keusgen, says that SLV i...

Thomas Jefferson Said it Best!

All this wisdom and he only rates a nickel? Quotes attributed to Thomas Jefferson:  1 - “A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of ...

Time to Cash Out?

Are we near the top for gold and silver? – Is it time to cash out and take our profits? In a word: No !!! When prices peaked in January 1980, there was a hypodermic needle top created (straight up followed by an almost immediate decline). Whe...

Hi Ho Silver!

How much demand is too much? How popular must an investment such as silver become before it is too popular and becomes a contrary investment? These are the questions to be asking right now regarding silver. Contrarian analysis would indicate that...

Me and the Renminbi

Decoupling from the US Dollar In late June 2010, gold prices took a beating on the news that China was going to let its currency float. China would decouple its currency, the renminbi (RMB), from its historical peg to the U.S. Dollar (USD). ...

Silly Me!

Well, will you just look at me! I obviously don’t understand the situation at all! Here I am fear mongering when it is so-o-o obvious to everyone else that happy days are here again! My bad! I am pondering the outcome of a very negative government...

Mormon Money?!?

Utah Considers Return to Gold, Silver Coins! (From an article on FoxNews.com as reported by Stephen Clark) “The Utah House was to vote ... on legislation that would recognize gold and silver coins issued by the federal government as legal curre...

March Madness, followed by April, May ...

Oh, would that government limited its madness to one month a year! At least then there would be an end in sight! The spectacle of  just over 500 elected officials trying to do right by their constituents while protecting their own perks is much ...

Russian Roulette With a Loaded Pistol

For the moment, it's not the United States' economic disaster that is in focus. It's Europe and Japan, that folks are concerned about. Compare a chart of the euro to the S&P 500 and you'll see a correlation because the euro tends to have an i...

Buy Your Copy of Going For The Gold Now

Recent Articles