Unabashedly, Peter Schiff predicts that gold is going $2,000 in a recent interview with Bloomberg. It seems he is going out on a limb. But, I can’t help but agree. There is nothing to be scared about when it comes … Continue reading
How could it be? The Federal Reserve has announced it will continue buying long-term debt, yet gold demand is at a low and sentiment is abysmal. It’s never been lower since the beginning of the bull market run.
Well, the Federal Reserve will continue printing. Yet somehow, the gold price dropped instantly $10 upon the news. The Federal Reserve will persist with cheap-money policy in place and pledged to continue pumping $85 billion a month into bond purchases … Continue reading
Black Tuesday slammed Wall Street October 29, 1929, 84-years ago today. Investors traded 16,410,030 shares on the New York Stock Exchange in but one day. Billions were lost and thousands of investors lost everything in one day. The volume was … Continue reading
As the US government confiscated gold, some people were pleased their gold jewelry seemed exempt. Indeed, I wonder how many people changed their gold bullion into jewelry before the May 1, 1933 deadline? Perhaps a few smart ones did just … Continue reading
It’s modest, but gold’s 2% gain in October has given gold-bugs some hope. With data regarding the government shutdown set to roll in, as well as Fed meeting this week, gold could begin to shine again. This would be a … Continue reading
Many gold and silverbugs don’t realize that, in some ways, collectible currencies can bring an added dimension to your their precious metals collection. After all, wouldn’t you enjoy having a silver certificate $10 bill worth $500,000? Thirty-nine-year-old Billy Baeder owns … Continue reading
Need money? Looking to sell old jewelry? In a down economy, there can be no doubt that a great number of people will have to sell their prized possessions, including gold and silver. Be it your mother, father or a … Continue reading
Real money is priceless. But, nonetheless, to the chagrin of bullion buyers, daily noise can lead to fluctuations in the price of their American Gold Eagles and Canadian Gold Maple Leafs, and sometimes to the downside.
The Saint Gaudens’ monument in New Hampshire reopened, as the government shutdown came to an end, on Thursday. Barriers went down at Saint Gaudens national monument as thousands of furloughed workers returned to work across the country Thursday after 16 … Continue reading