Posts Tagged ‘gold is money’
Supply Shortages Looming
Read the Thursday Afternoon Wrap-up for 5/10/2012 and the Friday Morning Commentary for 5/11/2012 This is a topic I have written of ad nauseum, as has Miles Franklin’s President – Andy Schectman – who opens his presentations with the following slide: However, I thought I’d rehash it given the recent Cartel ATTACKS, [...]
Precious Metals As Legal Tender
Read the Wednesday Afternoon Wrap-up for 5/9/2012 and the Thursday Morning Commentary for 5/10/2012 At Miles Franklin, one of the biggest questions we receive regards the taxation and reporting requirements of Precious Metal transactions. We do not dispatch tax advice, but are aware of related reporting requirements, many of which are quite [...]
Prepping 101
Read the Thursday Afternoon Wrap-up for 4/19/2012 and the Friday Morning Commentary for 4/20/2012 I do my best to look and feel young, particularly at heart. However, I feel decidedly “uncool” when I fail to keep up with modern lingo, as silly as it might sound. Just recently, I came across the term “prepping,” with a “prepper” [...]
Gold is Manipulated… and It’s Not Okay
Read the Thursday Afternoon Wrap-Up for 3/29/2012 and the Friday Morning Commentary for 3/20/2012 There is NEVER a shortage of topics to discuss as the END GAME of the GLOBAL FINANCIAL SYSTEM approaches. For a brief moment I didn’t have one lined up, but when I reviewed yesterday’s fabulous Chris Martenson article about gold manipulation, [...]
Gold Taking a Major Step Toward Being the Currency of Choice
The kids are here during their Spring vacation. I will continue with my column later in the week, but I have put together the usual array of interesting articles for your enjoyment. US Launches Economic War, Gold Reacting - Jim Sinclair - March 27, 2012, at 9:55 am Offshore Bullion Storage - Andy Hoffman You Are The Government - Mike [...]
Money Printing and the Debt Crisis
READ THE FULL NEWSLETTER An example illustrating more truth than fiction: Suppose you discovered an envelope jammed behind the drawer of a family heirloom. In it, your great Grandfather had placed $40 in the form of one $20 bill and one St. Gaudens $20 gold coin. Which preserved its purchasing power? Here are three must see videos. [...]
Ron Paul – America’s Greatest Man
TUESDAY AFTERNOON WRAP-UP 1/31/2012 Another crazy day, for both the market and myself. It’s not often I get to see an icon (and personal idol) speak, which is precisely what occurred this afternoon at Ron Paul’s Denver campaign stop. One of the most inspirational speeches I’ve ever heard, as espoused in today’s RANT topic. As [...]
Gold has produced a positive year-end gains for the past 11 Years!
READ THE FULL NEWSLETTER Gold has produced a positive year-end gains for the past 11 Years! Last day of the year gold prices: 2000 = $274.00 2001 = $279.00 2002 = $348.00 2003 = $416.00 2004 = $439.00 2005 = $519.00 2006 = $638.00 2007 = $838.00 2008 = $889.00 2009 = $1097.00 2010 = [...]
Again, gold is money. Not an investment.
READ THE FULL NEWSLETTER It might come as a surprise, but the single most difficult concept to impart to my readers, and friends, is that gold is NOT an investment. No matter how many times I mention this in the daily, it seems to fall on (mostly) deaf ears. Let me be clear about this - GOLD IS THE HIGHEST QUALITY FORM OF MONEY! Money is not an [...]
Gold 1 year ago today
READ THE FULL NEWSLETTER Do you pay attention to the Gold One Year Ago and Silver One Year Ago prices that I post every day in price section, above? Do you understand what they mean? The number tells you how much higher the price is today versus one year ago today. Keep an eye on whether the number is INCREASING or DECREASING. Currently, [...]
