Precious metals are apparently waking up. And here is where you can find the best deals.
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One thing I love about GoldSilver is that we’re big enough to create our own line of products. We have beautiful silver rounds with our own designs, priced near spot, with the potential for greater appreciation for those with limited mintage.And now we have a new silver bar coming out. Most organizations that produce their own rounds don’t have bars, but Mike wanted to add a silver bar since they’re cheaper. Maximum ounces at minimum dollars.Our own 1- and 10-ounce silver bar comes with .999% purity, with our proprietary shield stamped prominently on the front.
Gold is in the early stages of its next bull run, says Incrementum’s Ron Stoeferle, author of the yearly In Gold We Trust Report
Median Home Prices Decline 3%. After a bad showing in April, new home sales rebounded in May and rose 2.87% to 619K units SAAR....
In presentation to EU leaders, ECB chief cites slow price growth as reason to keep rates unchanged
There’s an advantage to being well-connected in an industry: you can sometimes be among the first to spot a change in trend.And that appears to be exactly what’s happening in the gold industry.Retail demand for physical gold products has been strong over the past few years, and lukewarm from the institutional crowd. But now traders and dealers are witnessing a shift. Retail demand has gone soft—but interest from institutions and high net worth investors is spiking.
Bank of Japan Deputy Governor Kikuo Iwata on Thursday dismissed the need to raise interest rates any time soon, stressing that the economy still needs support
* Clean-up costs could be dumped on state * Rome criticized for bending rules on bank bailouts
Wage growth in the UK has persistently disappointed to the downside, on average by around 1 ¼ percentage points one year ahead.
Investors have picked up precious metals in the wake of declines in assets perceived as risky, including stocks and beleaguered crude-oil.
Similar to the Fed’s price-management of oil, the Fed has been keeping gold pinned under $1300 since early November in an effort to prevent a rising price of gold from […]
BofA: "Inflows to structural "deflation", outflows from cyclical "inflation"; with oil the "poster child" for this trend."
"There's some concern out there," "We're not getting the inflation that everyone is expecting." said Pat Keon, senior research analyst for Reuters'
We are right in the beginning of a brand new cycle. I think we are going to see a repeat of what we saw from 2002 to 2012." ~Keith Neumeyer
According to GATA Chairman Bill Murphy, we're looking at "One of the Most Chaotic, Big Moves in the HISTORY of Markets..."
Here are the parameters for what the Fed defined as the "Severely Adverse", or worst-case, scenario:
Projected losses at the top 34 banks in a “severely adverse scenario.” Credit card debt is the most expensive debt for consumers – and the most profitable for banks.
....and the system would run out of cash completely within 4 years.
What did Brits do before the recent elections in the UK?They bought gold.According to the Financial Times, gold sales soared 87% as uncertainty kicked in on election day earlier this month. As prospects of a hung Parliament loomed, "panic-stricken" investors converted their sterling into gold.
The Texas bullion depository took a major step closer to reality last week when officials formally announced the private vendor that will run the facility. The creation of a state bullion depository in Texas represents a power shift away from the federal government to the state, and it provides a blueprint that could ultimately undermine the Federal Reserve and its monopoly on money.
Gold gained for a second day as crude oil’s slump into a bear market revived fears inflation will continue to undershoot the Federal Reserve’s target, putting at risk policy makers’ projections for monetary tightening.