Posts Tagged ‘crash’
GOLD BUYERS & COINS DEALERS WARNING
Numismatic news is a must have publication for scrap gold dealers. Section 352 of the Patriot act says we must have an anti-money laundering plan and an independent audit to comply with the Patriot Act. Your bank or Paypal can close your account if you do not have these documents ICTA contact # 410-626-7005 www.scrap-gold-university.com
Bullion & Coin Blogs
Jim Rogers: Audit the Fed, Then Abolish It
Yahoo Finance Tech Ticker – December 10th, 2009 Count famed investor Jim Rogers as an ardent support of Congressman Ron Paul’s effort to audit the Fed. The Fed is “the only institution in the world I know of that doesn’t expect to be audited,” Rogers says in the accompanying video. “It’s incomprehensible to me these people are saying they have no reason to be audited — they must have done something wrong, must have something to hide.” A longtime critic of Ben Bernanke and his predecessor, Rogers goes a (big) step further than merely auditing the Fed, suggesting we get rid of the central bank altogether. “We don’t need the Fed. The Fed is making our lives miserable,” the famed financier says. “The Fed is printing huge amounts of money, which we’ll have to pay for sometime. The Fed is borrowing gigantic amounts of money on their balance sheet…the numbers are so staggering that this is going to have ramifications before too much longer.” With an eye on history, Rogers notes the current Fed is America’s third central bank: the First Bank of the US was created in 1791 with a 20-year charter. The Second Bank was created in 1816 with the same term. The current Fed was chartered in 1913. Arguably, the current Fed is the nation’s fourth central bank if you count the National Banking Act of 1863-64, but Rogers’ point remains the same: America survived and prospered without a central bank for long periods and can do so again. If Rogers is right, this won’t be an academic …
Bullion & Coin Blogs
WHY GOLD BUYERS MELT GOLD COINS SOMETIMES – CASH FLOW!
Sometimes gold dealers will melt the more obscure coin coins. Why? Two reasons. Cash flow and safety. Gold dealers tie up plenty of cash just with the mandatory holding periods for their area. Holding on to gold coins too long can tie up way too much cash flow, and expose a dealer to excess risk.
Bullion & Coin Blogs
Don’t Panic, Buy and Hold Physical Silver!!
Please comment, rate and subscribe!! Enjoy Live free, love liberty and stay true!! OK its uspatriot88 here and I just wanted to get a video to anyone who might be discouraged about the drop in silver spot. Look I paid close to 50 dollars for some of my silver and I am still not down in the dumps about the price drop because of one reason and one reason only, I possess physical silver. I don’t have a paper guarantee I HAVE TANGIBLE PYHSICAL SILVER. Just look outside the scenarios that have been laid out by the major news outlets and paper shoppers and see for yourself what is really going on with silver. Go on the major online dealers websites and which ones you go to I don’t not care you will see the truth about silver it is extremely hard to obtain physical right now. The US mint is not currently making silver eagles, the major dealers and local dealers all have delays on eagles and a lot of other bars and rounds have a wait or in a sense backorder on eagles and one oz. bars or rounds, people are buying. The general public may not yet be aware of silvers true value and history of use as money nut there are large number of people all around the world who are and they are buying they are buying now they were buying at 49 they were buying at whatever the price was 5 years ago and so on. Just as JPMorgan understood the potential of silver therefore selling it in a paper guarantee or futures. Only they were greedy and sold more paper guarantees then were actually available …
Bullion & Coin Blogs
Today’s Bullion (Silver & Gold) Haul
Nice way to end the week…with a trip to the post office to pick up some goodies 
Keep stackin’!
Bullion & Coin Blogs
500 DOLLAR SILVER – SO WHAT?!?!
Just a quick video explaining my position on Silver value and Dollar Debasement.Please Note: I am Not an Investment advisor, please do your own Due Diligence when making investment decisions, the examples im posting are my own personal Investment choices and are by no means an endorsement or reccomendation to do the same.