U.S. Mint Silver Eagle sales surged in the first half of October due to increased turmoil in the political system and economic markets. Silver Eagle sales were strong in the first five months of the year, but weakened in the summer due to several factors. One factor was the fall-off…
As the Financial Circus continues today, pushing down the precious metals prices, millions of Americans are going to get wiped out when the collapse of U.S. net worth begins in earnest. Anyone with a tad bit of common sense realizes these financial markets today are totally disconnected from reality. With…
In this Precious Metals Update, Tom Cloud shares important global financial developments including information on Japan, the upcoming Chinese SDR gold announcement and the October SEC changes to Money Market Funds. Furthermore, Tom Cloud provides an interesting update from one of his sources on the ongoing Venezuelan Hyperinflation saga as…
The world economic and financial system is in serious trouble. With the coming collapse of U.S. and global oil production, this will destroy the value of most paper assets and real estate. Thus, the 99% of investors trying to move into physical gold and silver to protect wealth, will find…
In Tom Cloud’s precious metals update this week he discusses how a source in Europe, which he has known for more than 35 years, has told him that there is going be a surprise as China may announce they have more gold in their official reserves than the United States….
In an interesting change of events, Retail Broker, Charles Schwab is now publicly talking about GOLD investments to their clients. Financial expert Vic Patane, and I discussed this as well as many other interesting topics. It seems as if the Financial Advisors missed the boat suggesting gold ownership to their…