Posts Tagged ‘precious metal storage’
Gold in Hand
Though you haven't heard a peep out of the media, the Cyprus parliament will vote today on their own financial execution. They have basically 2 choices, they can vote themselves out of the EU and everyone loses their bank balances... or they can remain in the EU and lose 90%+- of their bank balances. Option A would mean going the route of [...]
It is Very Difficult to Get Wealthy People to Listen to Hard Money Arguments
READ THE FULL NEWSLETTER It reminds me of an arm-wrestling contest: one participant nearly wins, then it reverses and the other one nearly wins then they end up back with neither one in control. Sooner or later, one of the two will prevail. That’s what the gold market looks like lately. The neutral point and the battleground is [...]
What About IRAs?
READ THE FULL NEWSLETTER A reader recently asked me what my thoughts were on IRAs. Last year, I liquidated all of my IRA positions, paid the tax and re-invested the money into physical gold and silver, which now resides in the Brinks vault in Montreal through the Miles Franklin Precious Metal Storage Program. It is obvious that our current [...]
It’s Not The Economy Stupid
Kerry Lutz of the Financial Survival Network joins Andy Hoffman for another Monday podcast. They discussed the upcoming bankruptcy of New York State, Europe’s continued economic slide into oblivion the Chinese Real Estate Bubble as faithfully reported by CBS 60 Minutes. Andy also describes his visit to the Brink's vault in Montreal for the [...]
Visit to Brink’s Montreal Vault
Read the Friday Afternoon Wrap-Up for 3/1/2013 and the Monday Morning Commentary for 3/4/2013 In December 2011, I visited Miles Franklin’s fledgling PM storage operation with Brink’s Canada in Montreal, Quebec. Nearly two years in the making, we created what we viewed as the industry’s finest such program - finally accepting [...]
Ramifications of ViaMat PM Storage Announcement
Read the Friday Afternoon Wrap-Up for 2/22/2013, Weekend Thoughts, and the Monday Morning Commentary for 2/25/2013 Switzerland has always been the world’s pre-eminent “safe-haven” investment jurisdiction; care of conservative financial institutions, the world’s most sound insurance industry, and a favorable tax and regulatory [...]
Hope is Fine As Long As it isn’t Based on Need
READ THE FULL NEWSLETTER I am a product of the 60s – the free thinking, live-life-to-the-fullest generation. I studied Camus, Sartre and Kierkegaard. I was taught to make my own choices and live with them. Take action, make choices, but don’t sit around hoping things will get better. Every time I had to rely on “hope” in order for [...]
Give Us a Chance
Read the Tuesday Afternoon Wrap-Up for 1/22/2013 and the Wednesday Morning Commentary for 1/23/2013 Once in a while, I need to assert my business side; that is, to remind you I write this blog as much to give Miles Franklin exposure as to educate of the dangers of the financial world. It’s been a long, winding road; in which I spent more [...]
Deep storage Gold?
I have watched with amusement... and have to call cow pies on the entire German repatriation "show." I can only wonder how long it takes before the market itself comes to the same conclusion. Because 32 tons per year is such an insignificant amount of Gold, why was this move even announced? We are talking about 1 million ounces per year, [...]
Confiscation Propaganda
Read the Friday Afternoon Wrap-Up for 1/11/2013 and the Monday Morning Commentary for 1/14/2013 By far, the question most asked by “worried” readers regards gold confiscation; in their minds, hanging over our heads like an albatross. After all, FDR decreed such in 1933 (under ENTIRELY different circumstances); and therefore, gold [...]
