The U.S. Retirement Market is in BIG TROUBLE as annual benefits paid out are now larger than total contributions. Actually, the amount of net withdrawals were the highest in history. When payouts become larger than contributions… then we have the making of the typical PONZI SCHEME. Americans who have invested…
There will be very few assets worth owning when the “Energy Collapse” begins in earnest. Precious metals will be one of the few assets that will protect wealth as the U.S. and global oil industry disintegrates. I had the pleasure of being interviewed by Doug and Joe Hagmann about the…
With the Trump euphoria pushing the broader markets to new all-time highs, it has impacted precious metals demand considerably… especially in February. Precious metals investors believing the White House “Grandiose plans”, of making American great again, have cut back seriously on their precious metals buying. There seems to be a…
How many precious metals investors know the year the United States imported a record amount of silver? This figure is so great, there is no other single year in U.S. history that comes anywhere close to this amount. Even more impressive than that, it turns out to be more than…
In just the past week, lawmakers in Idaho and Arizona have passed bills removing “Capital Gains Taxes” from gold and silver coins and bars. Normally, when individuals sell gold or silver, they must pay capital gains on any increase on the value of their precious metals investments. However, gold and…
Tom Cloud begins his precious metals update with the implications of a March 15th Fed interest rate hike on the markets. Investors need to realize that as interest rates move higher, so will the interest payment on the debt, which is now approaching $20 trillion. Furthermore, Tom discusses the significance…