An anonymous YouTuber going by the name of 'Drutter' discovered a large divergence between the market price for silver, and the physical demand for Silver Eagles as reported by the US Mint.
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Demand remains at an “unprecedented level,” and sales of gold and silver coins may reach an annual record this year, Richard Peterson, the acting director of the mint Read More »
Demand for physical gold across the world continues to surge at an unprecedented pace (even if failing in its attempts to regulate demand for the yellow metal), & yet gold continues to slide. How come? One word - paper, or rather, ETF paper. Read More »
If you are a customer of JPMorgan & have your gold in its vault, I think it is best to remove it before we have another fiasco like MFGlobal. Keep an eye on silver. The central banks don't have any. Read More »
Recently I heard some of the world’s brightest minds in finance & economics. Now I know exactly what the next five years will bring. Without a doubt, the next five years are sure to bring inflation. Perhaps double-digit inflation. Read More »
How much physical gold do you have? How much do you want when you contemplate nearly $17,000,000,000,000 in official US government debt, another $100 – $200 Trillion in unfunded liabilities, & nothing backing that unbelievable amount of debt exc... Read More »
Their mistakes and failures are so spectacular you couldn't make them up if you tried. Economists are paid to instill confidence so consumers will borrow and spend. Read More »
The world will be paying close attention tomorrow when the Federal Reserve announces the results of its two-day policy-making meeting. The big question is what, if anything, the announcement will communicate. Read More »
Not only is the bail-in a direct theft of depositors' money, the entire bailout of Cyprus is essentially a wholesale theft of national assets. Read More »
The city’s proposals, which could give some bondholders as little as 10 cents on the dollar, are making some creditors think they would be better off in bankruptcy. Read More »
"We think there is more weakness to come for most currencies as some of the major drivers of Asia FX (forex) appreciation since the global financial crisis are less supportive," Johanna Chua, chief Asia economist at Citi said in a report. Read More »
The euro region’s six-quarter recession, the longest since the common currency was introduced in 1999, deepened in the first three months of the year as investment and exports plunged. The European Central Bank sees the currency bloc’s economy shrink... Read More »
President Barack Obama’s approval rating has dropped from 53 to 45 percent in the past month, with 61 percent of US poll respondents criticizing his handling of domestic government spying in wake of the NSA surveillance scandal. Read More »
To think it only took the world's most (in)famous whistleblower to get the NSA to disclose that it had heroically managed to prevent terrorist attacks involving the New York Stock Exchange (we supposed they refer to the Manhattan-based TV studio and ... Read More »
First Fitch & now Moody's is worried about China's massive credit bubble. This could be the black swan event of 2013. The ability of the mainland's local governments to repay their debt is being questioned, with analysts warning that the liabilit... Read More »
Having the Latest Gold Investment News at Your Fingertips Protects Your Wealth
Do you know where most of the purchasing power in the United States comes from? In addition to reactionary economic policy that drives the printing of new dollars whenever the whim strikes, paper currency extends its reach through fractional reserve banking. In the past, currency had to be borrowed from those who were saving; now, it is stretched to the breaking point. Today, every bank loans out the maximum allowed. When you deposit $10 in a checking account, that bank can loan out all but ten percent. That $9 is passed back into the economy and deposited into another bank; 90 percent of that deposit can again be loaned. Ultimately, a $10 deposit in a checking account creates $100 in fractional currency. A single dollar, in the hands of a modern bank, can become ten or more with fractional reserve lending.
The problem with this type of economic system is that paper currencies always self-destruct. It is worth remembering the mantra: "Cash is trash!" Only precious metals like gold and silver have the ability to adjust their value, and staying up to date on gold investment news properly positions you to be able to protect your wealth. Throughout history, gold and silver automatically revalued to catch up with the changes that have occurred with paper currency, cyclically adjusting based on the amount of currency in existence at any given time. Being attuned to these cycles requires staying on top of gold investment news and picking out the relevant from the noise.
News on gold and silver can also help you pinpoint the right moments to buy and sell precious metals, allowing you to have an active role in your wealth management and financial protection efforts. GoldSilver.com™ is a cycles investors with expertise in measuring both past and current gold markets and silver markets. We provide the latest breaking gold and silver news that will position you to be ready to take immediate advantage of wealth protection opportunities as they arise.
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