In Tom Cloud’s newest update he discusses the silver price and where he sees it going in the next leg higher. Also, with the new Basel 3 ruling, Tom sees more Central Bank gold buying along with private demand which will positively impact the gold price. Tom and I agree that the next large move in silver…
With continued strong demand for precious metals, U.S. Mint Gold Eagle Sales already surpassed last year’s total, and there are still four months remaining in the year. That turns out to be a great deal of investor money. At $1,900 per coin, that’s $1.6 billion so far this year. Also, Silver Eagle sales nearly reached…
Silver Eagle and Silver Maple sales surged in the first half of the year as investors continued to exchange fiat currency for real money. Both official silver coins experienced significant increases in sales as investor demand remained strong along with sufficient supply. However, with the shutdown of the U.S. Mint for the new design…
As the Fed and central banks desperately continue to buy treasuries and bonds to prop up the highly leveraged Global Ponzi Economy, sales of Gold Eagles continue to be RED HOT. According to the U.S. Mint, nearly another 20,000 oz of Gold Eagles were sold in the past two days. Also, the mint sold…
It’s truly amazing what a few extra zeros can do for one’s financial wealth. Today, we have a new past-time of adding zeros to make us feel rich. And, why not? We work hard, and we deserve it. So, if the value of someone’s house goes up 45-50% in a few months or year…
Smart silver investors now hold more Silver Eagles than the total inventories at the iShares SLV ETF or the COMEX. For the past 36 years, since 1986, investors have been buying every Silver Eagle issued by the U.S. Mint. With over a half-billion Silver Eagles now held by private investors, less than 1%
The U.S. Financial System is heading towards an Epic Meltdown. At this time, most financial assets will lose value, even the U.S. Dollar. While the Federal Reserve has been able to prop up the U.S. Economy & Financial System, this isn’t something that can go on for many years. With the U.S. shale oil production on a “Collapse Trajectory…
