Tuesday, August 31, 2010
By Nicholas Larkin - Aug 31, 2010 9:28 AM ET
Investors are accumulating enough bullion to fill Switzerland’s vaults twice over as gold’s most- accurate forecasters say the longest rally in at least nine decades has further to go no matter what the economy holds.
Dear Gold Community,
As I have stated in my June 18th post, after $1,250 was broken more and more analysts will have the guts to come out and predict $1,500 and higher for Gold. We tend to agree with Jim Sinclair that $1,650 is a conservative target for 2011. BK
Monday, August 30, 2010
From a May 2010 article LINK...
Friday, August 27, 2010
Thursday, August 26, 2010
Gold Coins Canada was founded to help our clients gain “Peace of Mind” over their investments. With all the "Ponzi Schemes", frauds and bankruptcies going on, people need an asset they can trust. We believe GOLD is that asset because it has stood the test of time and has existed as the currency of last resort for thousands of years.
Our focus is on traditional and time tested strategies for building and maintaining true wealth. We have NO fancy contracts or derivatives of any kind, just 5000 years of genuine GOLD wealth behind us. Throughout all of economic history Gold has always returned to its natural state as honest money and this time will be no different.
As a registered broker/dealer with PFG Precious Metals in Chicago, we are proud to have an experienced and licenced Series-3 Commodities Broker and Financial Planner on staff, which seperates us from most other dealers. Whether you're a private investor, fund manager or institutional investor, our powerful network of resources can provide you with the right product solution to meet your specific needs.
We only deal with "Investment Grade" gold, silver, platinum and palladium bullion products, therefore when investing in these metals our clients are guaranteed a globally recognized and accepted quality product.
We pride ourselves in sound investment principles, independant objective thinking and traditional business practices based on mutually beneficial, private and long-term relationships.
Friday, August 20, 2010
Understanding economic history and the motivation behind governments is the key to understanding this crisis. BK
Wednesday, August 18, 2010
Monday, August 16, 2010
However the issue we would like to discuss is, should individual families have their own Gold Standard, regardless of the nations currency structure. We believe that proper diversification includes Gold and it's "common sense" for every family to have a physical Gold reserve as insurance against a government or currency gone bad. As the former head of the Federal Reserve once said:
"Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process. It stands as the protector of property rights."
Now keep in mind that Mr. Greenspan said this before he became the FED chairman and that over the past fifty years or so, America's economic policies have been based on the theories of John Maynard Keynes and supported by the famous economist Milton Friedman. So let's try to put all the "smoke and mirrors" aside and get to the REAL fundamentals. Watch the video below of Milton Friedman and pay close attention to his remarks on DEFICIT SPENDING. Then watch former president Richard Nixon as he closes the Gold window on the U.S. dollar, and we all know the legacy Nixon left behind.
Here is a 200 year chart of the U.S. Consumer Price Index (CPI), and this does NOT include food and energy. Notice what happens around 1971?
Now ask yourself:
- What was the price of bread 40 years ago?
- Didn't the U.S. dollar lose significant value since Nixon's decision to close the Gold window?
- If Gold has been a measure of wealth for thousands of years and America was founded on a Gold Standard then there is a good reason for the Federal Reserve along with other central banks to have Gold in reserve, is there not?
- Is Gold the only real insurance against the loss of confidence in a government and its financial system?
Thursday, August 12, 2010
Read this ARTICLE then watch the video on our website below and draw your own conclusion.
A twenty year veteran trader, Steve Meyers says the economic stimulus is like giving a heroin addict more heroin. He says protectionism and a new war are at hand. LINK... BK
Sunday, August 8, 2010
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