Price suppression, market controls and market manipulation have become the modern day equivalent to coin clipping in the silver market.
Monetary debasement is not a new phenomenon and has been practiced by various governments throughout the ages, either as a way for them to profit at the expense of their citizens or to pay off high levels of debt.
The inflationary result of money debaseme...
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Every American should own at least a little silver. No weaseling around, no exceptions.
What kind of radical declaration is that? If it seems like something straight from a Ron Paul rally, keep in mind that what I’m proposing is really a very old and proven idea.. It’s amazing what nearly a half century can do to obliterate the truth.
Regardless of income, just about every Americ...
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The Daily Ticker’s Lauren Lyster interviewed commodities guru Jim Rogers Tuesday on the blistering pace of gold and silver coin sales to start 2013 by the US Mint.
Lyster began the interview by holding up a 2012 US Silver Eagle, and asking Rogers whether a USE is a collectors item, money, or simply a way to buy precious metals. Rogers responded by pulling his own ASE out of his pocket, a...
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In recent years, a high degree of economic, financial, and political uncertainty has resulted in acute volatility in stocks, real estate, commodities and precious metals. I believe that another aggravating factor has been the increasing skepticism through which the investing public views government statistics and statements.
To make prudent decisions, investors need to know key economic i...
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John Embry, chief investment strategist with Sprott Asset Management, believes silver prices will go "ballistic" as demand massively outpaces supply while investor demand builds due to dwindling above-ground sources.
Speaking to King World News Embry notes that over the past half century billions of ounces in above ground silver have been consumed, with the precious metal serving as both as...
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The middle class has quite a gift welcoming them as the calendar flips over to 2013. Their payroll taxes are going to go up, their income taxes are going to go up, and approximately 28 million households are going to be hit with a huge, unexpected AMT tax bill on their 2012 earnings. So happy New Year middle class! You are about to be ripped to shreds. In addition to the tax increases that...
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There’s a much bigger cliff than the so-called fiscal cliff. The absolute worst result of the fiscal cliff would be a moderate uniform tax increase at a bad time, resulting in a moderate contraction. It is an obvious — but ultimately rather cosmetic — stumbling block on the so-called “road to recovery”.
The much bigger cliff stems from the fact that the so-called recovery itself is...
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Gold rose, capping the longest annual gain since at least 1920, on renewed concern that central banks from Europe to China will take steps to spur economic growth and as U.S. leaders near a budget deal.
Gold futures for February delivery gained 1.2 percent to settle at $1,675.80 at 1:41 p.m. on the Comex in New York, while prices for immediate delivery jumped as much as 1.5 percent. Through...
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The fiscal issues facing the country are troubling for a variety of reasons but one big reason is the reality that many older Americans simply do not have enough money to retire. The idea of entering your golden years without the need of working is a relatively modern one. In fact, it was the generation that grew up after World War II that enjoyed this middle class ideal. A secure job, a pai...
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SINGAPORE, Dec 17 (Reuters) - Gold was little changed on
Monday after posting the third straight week of losses, as
investors await progress on the negotiations in Washington to
avert a fiscal disaster that could push the world's top economy
into a recession.
FUNDAMENTALS
* Spot gold was flat at $1,695.01 an ounce by 0039
GMT, after falling nearly half a percent in the prev...
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