The true value of gold is much higher than the spot price quoted in the market. This is due to several factors, but the most important reason is misunderstood by just about every economist and monetary scientist in the world today. Those who are able to understand the information in…
According to the public affairs person at the U.S. Mint, the rumor that Silver Eagle production was halted due to lack of demand, is not true. I have been receiving lots of emails on this issue, so I decided to pick up the phone and call Michael White, public affairs…
While Jim Rickards explains many reasons why it is important to own gold, he leaves out the most important factor. Jim has become one of the more prominent names in the precious metals community due to his strong opinion on owning gold even though he worked on Wall Street (the…
This is a very important precious metals update by Tom Cloud. Tom discusses important trend changes that will impact the gold market going forward. One of the trend changes is that China will announce within the next month for the SDR – Special Drawing Rights (IMF) its gold and Dollar…
As the precious metals prices surged this year, so did U.S. petroleum inventories. While rising gold and silver prices are a positive sign for the precious metals industry, the surging U.S. petroleum stocks are extremely negative. However, the prices of the metals and energy are currently not trading based on…
The BREAKDOWN of the U.S. Market is now reaching Main Street. While the Fed and Central Banks continue to prop up the markets by purchasing Stocks, Bonds and everything including the kitchen sink, Americans are feeling the pain in many ways. I discussed this with Financial Industry expert Vic Patane. …