By Charles Savoie, What organizations do highly placed men belong to who are suppressing precious metals? Broad absence of coverage of these organizations on the part of metals sites and commentators indicates lack of awareness—there is a large gap in their information; or for some reasons, they choose to not…
While gold is the king monetary metal, silver will turn out to be the king precious metal performer. Currently, gold is stealing the show as the East (China) continues to consume more than total world gold production. However, silver will surprise the markets in the future as overwhelming demand…
The U.S. Mint updated its sales figures today… and it was another whopper. Yesterday, the U.S. Mint sold 825,500 Silver Eagles which was about two-thirds of the weekly allocation. The U.S. Mint raised the total allocation to its authorized dealers this week to 1,250,000 compared to 750,000 last week. …
As sales of Gold Eagles remain subdued, the market continues to purchase every available Silver Eagle from the U.S. Mint. Since the beginning of the year, the U.S. Mint has sold its Silver Eagles on a weekly allocated basis. This means its authorized dealers are limited to the amount of…
Precious metal investors need to watch out for Internet Gold & Silver Scams. There is evidence of alleged scams on several of the well known online bullion dealers. Not only is there the threat of counterfeit bullion in the market, but there seems to be an ongoing problem with fraud,…
As Wall Street and the financial media carry on business as usual, the underlying foundation of the U.S. economy continues to disintegrate. Very few Americans realize we have past the point of no return. This holds true for many of the precious metals investors. Even though precious metal investors are…