As the global contagion continues to cause a great deal of uncertainty in the markets, I thought it was a good idea for precious metals dealer Tom Cloud to provide a new update. Tom starts off the video saying that in his 44 years in the industry, he has never…
Americans are totally unprepared for the coming collapse in the U.S. Financial Ponzi Scheme and Economy. While the highly-leveraged debt-based U.S. financial system and economy were going to implode on their own in due time, the global contagion has sped up the process considerably. Unfortunately, there is no way that…
Today the gold and silver prices surged higher as the Fed and central banks continue to prop up the global economy and financial system that suffered a massive heart attack. Today, the gold price jumped to the $1,750 level, while silver is almost back to $16. Demand for physical gold…
With the Federal Reserve announcing this morning that it will start buying Junk Bonds and Junk ETFs, along with its monthly asset purchases of U.S. Treasuries and Mortgage-Backed Securities, the demand for gold and silver bullion will only increase. Thus, get ready for shortages of available precious metals products to…
Investors continue to purchase a record amount of Silver Eagles. The premiums on Silver Eagles are ranging between $6.50-$10.00+, depending on the precious metals dealer. With Silver Eagle premiums ranging at these levels, investors must make sure they find the best deals. Today, the silver price shot up over $15.00,…
With the U.S. Mint now temporarily suspended, it will become even more difficult to acquire Silver Eagles. According to James Anderson at SD Bullion, the U.S. Mint shut down its West Point Facility due to an officer testing positive for the virus. The U.S. Mint West Point facility will remain…
While the world has entered into a financial crisis, the worst is still yet to come. When the global contagion continues to spread, the crisis will turn into a FINANCIAL STORM, in which few are prepared. Unfortunately, the analysts on CNBC and Bloomberg continue to provide incorrect forecasts because they…
