Jun
13
2024

Will the U.S. Follow Argentina’s Disastrous Inflation?

If you wanted to destroy the currency of a nation, there is no better way to do it than collectively have other nations band together and create their own monetary system and shun the dollar. That’s exactly what BRICS, an acronym for Brazil, Russia, India, China and South Africa are doing. But it doesn’t stop there. Argentina, Egypt, Ethiopia, Iran, …

Read More
May
6
2024

How To Buy Gold and Silver in an IRA

Many investors are not aware that you can invest in gold and silver through your IRA with an IRA transfer from your current bank or brokerage account. Or if you have a 401k from a prior company, a 401k rollover into a precious metals IRA can be done by filling out a few forms. Many investors know why gold and …

Read More
Mar
12
2014

We Are Not Off to the Races Yet With Gold

Gold has had a nice bounce now off the bottom set in December of 2013, but are we off to the races just yet? Here is what I wrote last month where I concluded  “we could go higher from here for a bit to trap more of the bulls who say the bottom is in.” We should start to see …

Read More
Dec
30
2013

Gold and Dollar Down but Both Will Rise Next Year

As I pointed out in my last article, I expected continued selling of gold by the big boys; the Hedge Funds, Mutual Funds and Professional traders and they didn’t disappoint. The largest ETF; SPDR Gold Shares (GLD) saw an outflow of 12.9 metric tons last week. From Kitco; Holdings of gold by SPDR Gold Shares (GLD), the world’s largest exchange-traded …

Read More
Apr
15
2013

Gold and Silver Doom and Gloom or Crack Up Boom?

Over the past year and a half, I have written many articles on investing in gold and silver, and been one of the few who have told clients continually to dollar cost average into a position during this time-frame, hoping the price goes lower so they get an overall better price. I have been one of the few gold dealers who have …

Read More
Dec
18
2012

Why Gold and Silver Prices are Declining Along with Dollar

Today we saw gold and silver take a big hit. Normally this would be the result of a stronger dollar, but the dollar also took a big hit today. So what’s really going on here? Why are gold and silver prices falling along with the dollar of late? I wrote the article Thoughts On Gold Price Manipulation the day before …

Read More
Nov
14
2012

Turning Paper Into Gold Part 1

I have seen many more investors coming to us, saying they are selling their gold (GLD) and silver (SLV) ETFs and wanting to buy physical gold and silver. What would be there reasoning to do so? One reason is that gold and silver ETFs should be viewed as trading vehicles and not counted as real wealth ownership. Here is what …

Read More
Mar
25
2011

The Lender of Last Resort Isn’t the Fed or ECB, It’s YOU!

Banks always are bailed out by the government or the Fed and in Europe’s case, the equivalent of the Fed, the European Central Bank (ECB). The ECB is who is keeping Portugal’s banks afloat. But it’s also the IMF who likes to stick their greedy fingers into the pie, just as they have in many other countries, like Jamaica for …

Read More0
  • 1
  • 2