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…
The financial sky is growing dark. The stock markets are experiencing volatile trade winds. The barometer of the economy grows weak as indicators point to another recession looming on the horizon. The Precious Metal Storm is coming… unfortunately, the public is not prepared. I believe the U.S. and world are…
(by Charles Savoie) This brings us to Paul Volcker, who chaired the Federal Reserve System in D.C. (August 1979 to August 1987) during which time he shafted gold and silver investors and miners by such low blows including telling U.S. banks to not lend for “speculative” gold and silver buying;…