(By Charles Savoie) — As of a January 2, 2015 report, Bitcoin was in the $350 range in December 2014, but it started 2014 at $770! As of January 20, Bitcoin is $210, and the New York Stock Exchange (Pilgrims Society) has invested in another Bitcoin startup enterprise. There’s no…
With the new year now in full swing, Silver is one of the top performing commodities in 2015. After falling over 71% from its high of $49.82 in April 2011, to a low of $14.16 in December 2014, silver is up 16.3% in 2015. Not only is silver up higher…
The U.S. Mint just updated its Silver Eagle sales on its website… and it was a real doosey. Looks like the U.S. Mint sold nearly one million Silver Eagles over the Holiday weekend. The last update provided by U.S. Mint, listed sales for January at 3,701,500 on Friday. There was…
The glory days of the Great Bakken Oil Field are soon coming to an end. With the collapse of the price of West Texas Intermediate Crude, shale oil production from the Bakken is in big trouble. How much trouble? Well, if we understand how much of its production growth came…
(By Charles Savoie) — The destruction of the Hunt-Arab silver play was a warning to the new rich in the USA and the world to not go long silver! Not only the Hunts, but regiments of small investors were burned in yet another Pilgrims Society monetary inferno. “Beyond Greed—The Hunt…
After the SNB- Swiss National Bank dropped the bombshell on the markets Thursday morning, the prices of the precious metals have gone in one direction… UP. In just two days, the price of gold is up $40 and silver $1.10. According to Kitco, gold is currently up nearly $16 and…