Thursday, February 28, 2013
Europe Hit by Gold Rush
Labels:
Euro Crisis,
German Gold,
Gold Rush,
Gold Value,
RT Germany
Gold Sentiment Sour Like 1976, 1999 Dream Buys
Forbes: Gold Sentiment Sour Like 1976, 1999 Dream Buys LINK...
Labels:
Gold Bull,
Gold Correction,
Jim Rogers,
Jim Sinclair,
Silver Bull
Tuesday, February 26, 2013
UBS is predicting a ‘major gold rally’ this year.
Marketwatch:
So, the conclusion from UBS? As analyst Julien Garren explains in a note, the role the U.S. economy plays in influencing commodity prices is a delicate dance, but providing investors can be patient, it’s a winner for gold. Part of the selloff for gold last week was blamed on Fed minutes that triggered worries the central bank would wrap up its big asset-buying program faster than expected. LINK...
Labels:
Euro Crisis,
gold rally,
Italy Election,
Russia Gold,
Silver rally,
UBS Gold
Monday, February 25, 2013
Russia, Kazakhstan Increase Bullion Reserves for Fourth Month
Bloomberg By Glenys Sim - Feb 25, 2013 6:53 AM ET
Central banks will again be strong buyers this year after they boosted purchases 17 percent to 534.6 tons last year, the most since 1964, according to the London-based World Gold Council. LINK...
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Our U-Vault Account allows you to become your own Central Bank. BK
Central banks will again be strong buyers this year after they boosted purchases 17 percent to 534.6 tons last year, the most since 1964, according to the London-based World Gold Council. LINK...
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Our U-Vault Account allows you to become your own Central Bank. BK
Labels:
Central Banks,
Gold buyer,
Gold Reserves,
Gold Trading,
Gold Vault,
Silver Trading
Wednesday, February 20, 2013
Minting Coins Cost U.S. Taxpayers $436 Million
Bloomberg: By Max Raskin & Ilan Kolet - Feb 20, 2013 6:00 AM ET
Pennies and nickels have cost more than their face value to mint since 2006, resulting in a loss of at least $436 million to U.S. taxpayers. LINK...
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The "Spin Doctors" are working over-time. This loss is the result of government spending and expansion of money and credit by the FED. Devaluing the currency to buy commodities. Think about it, if you saved your "copper" pennies and "nickel" nickels, they are worth much more now (www.coinflation.com). The taxpayers are losing but they are NOT to blame. Following the Canadian example means "rounding-up" prices to the nearest nickel. In other words INFLATION! BK
Pennies and nickels have cost more than their face value to mint since 2006, resulting in a loss of at least $436 million to U.S. taxpayers. LINK...
***************************************
The "Spin Doctors" are working over-time. This loss is the result of government spending and expansion of money and credit by the FED. Devaluing the currency to buy commodities. Think about it, if you saved your "copper" pennies and "nickel" nickels, they are worth much more now (www.coinflation.com). The taxpayers are losing but they are NOT to blame. Following the Canadian example means "rounding-up" prices to the nearest nickel. In other words INFLATION! BK
Labels:
Cost of penny,
Currency Wars,
Gold Coins,
Inflation,
Minting coins,
No Pennies,
Pennies,
Silver Coins
No Inflation Problem Here Folks, Just Move Along
Ontario's Teacher Pension Loses Inflation Protection
CIBC CEO Calls For Voluntary Contributions to CPP
In an unusual step, a bank CEO is admitting that private savings vehicles, such as RRSPs, aren't going to be enough to ensure adequate retirement savings for millions of Canadians.
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Thirty years ago $1.00 bought 4L of gasoline, now when you receive that same $1.00 back from your pension you can't even buy 1L of gasoline. Thirty years ago 4 silver quarters (or $1.00) bought 4L of gasoline, today 4 silver quarters buys 16L of gasoline! Makes you wonder what pensions are good for? BK
The essence of intrinsic value:
CIBC CEO Calls For Voluntary Contributions to CPP
In an unusual step, a bank CEO is admitting that private savings vehicles, such as RRSPs, aren't going to be enough to ensure adequate retirement savings for millions of Canadians.
********************************************
Thirty years ago $1.00 bought 4L of gasoline, now when you receive that same $1.00 back from your pension you can't even buy 1L of gasoline. Thirty years ago 4 silver quarters (or $1.00) bought 4L of gasoline, today 4 silver quarters buys 16L of gasoline! Makes you wonder what pensions are good for? BK
The essence of intrinsic value:
When you remove Washington you have a piece of paper worth nothing. |
When you remove Kennedy you have silver worth $10 today. |
Labels:
CIBC CEO,
CPP,
Inflation Protection,
Ontario Teachers Pension,
Pension Funds,
RRSP,
Silver Coins,
Silver Investing
Sunday, February 17, 2013
Central Banks Are Net Buyers of Your Gold
"For every buyer, there is a seller and for every seller there is a buyer." Just a reminder that markets are a zero sum game. Who do you think is "The Buyer" on the other side of this gold correction? Don't give up your gold, it's the LEGACY ASSET that Central Banks are after, and they'll do everything in their power to get it from you. The best thing to do is hold your position or buy more if you can. BK
Central Banks Buy Most Gold in 50 Years: Read more...
Central Banks Buy Most Gold in 50 Years: Read more...
Labels:
Central Bank,
Gold Correction,
gold standard,
Gold Vault,
Russian Gold,
Silver Bank,
Vault Storage
Wednesday, February 13, 2013
Gold vs Silver vs BRK.A vs DJIA
The simple facts:
$100,000.00 invested in the January of 2000 would give you the following as of January 2013.
Year
|
Gold
|
Silver
|
BRK.A
|
DJIA
|
2000
|
$282.00
|
$5.30
|
$51,200.00
|
11522
|
2013
|
$1,694.00
|
$30.90
|
$145,875.00
|
13435
|
YTD Value
|
$601,370.00
|
$583,021.00
|
$284,912.00
|
$116,603.00
|
(Figures sourced from Yahoo Finance charts and may not be 100% accurate)
Warren Buffet is with no doubt one of the greatest investors of our time. How could it be that an asset like gold and silver (that just sit there and do nothing) could outperform his stock by so much? As the old saying goes, "Don't Fight the FED."
The fact of the matter is; when Central Banks and governments are determined to expand money and credit, the best strategy is to buy gold and DO NOTHING! Don't trade, don't plan and don't move. Thirteen years of doing nothing, and you would have outperformed the best investment minds in the industry!
Central Banks Buy most gold in 50 years: Read more...
Let the Central Banks do all the work for you. All you have to do is protect your gold and be patient. BK
Labels:
DJIA,
Gold,
gold broker,
Gold Trading,
Silver,
Silver Broker,
Silver Trading,
Warren Buffet
Tuesday, February 12, 2013
Monday, February 11, 2013
Floored: Into The Pit - Epic Trader Movie
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Years of experience working in the commodities market has led me to gold. Watch this movie carefully and, the truth will hit you like a bolt of lightning. Then it will be clear as day, why you should own GOLD BULLION, not paper gold! BK
Labels:
COMEX,
Commodities Trading,
GLOBEX,
gold broker,
Gold Trading,
Putin Gold,
Silver Trading
Sunday, February 10, 2013
Putin Turns Black Gold Into Bullion as Russia Out-Buys World
By Scott Rose & Olga Tanas - Feb 10, 2013 3:00 PM ET
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Don't be caught in the developing currency war. Eliminate counterparty risk between you and your assets with our U-Vault Account. BK
When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it.
Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the metal in the past decade, a quarter more than runner-up China, according to IMF data compiled by Bloomberg. The added gold is also almost triple the weight of the Statue of Liberty. LINK...***********************************
Don't be caught in the developing currency war. Eliminate counterparty risk between you and your assets with our U-Vault Account. BK
Labels:
Black Gold,
Central Bank,
China Gold,
Gold Bank,
Gold Reserve,
Vladimir Putin,
World Gold
Tuesday, February 5, 2013
Silver: The Element of Change (Video)
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With all these positive fundamentals for silver, it is still way below its 1980 high of $50/oz, while all other precious metals and base metals are above their 1980 high. Those who think that we're at the end of this bull run in precious metals are going to have a rude awakening. Maybe not this year, but certainly in the years ahead. BK
Labels:
Gold ETF,
Silver Bars,
Silver Bullion,
Silver Coins,
Silver Element,
Silver ETF,
Silver Uses
12 Charts That Will Make Gold Bulls Furious
Financial Post: Joe Weisenthal, Business Insider | Feb 5, 2013 6:53 AM ET
The anti-gold bandwagon is getting more and more crowded.
Analysts Tom Kendall and Ric Deverell of Credit Suisse has come out with a bombshell report titled: Gold: The Beginning Of The End Of An Era.
The article argues that the 2011 peak of $1,921 was the top, and that now the run of the cult metal is coming to an end. LINK...
The anti-gold bandwagon is getting more and more crowded.
Analysts Tom Kendall and Ric Deverell of Credit Suisse has come out with a bombshell report titled: Gold: The Beginning Of The End Of An Era.
The article argues that the 2011 peak of $1,921 was the top, and that now the run of the cult metal is coming to an end. LINK...
***************************************
Tune in to Gold Radio Cafe on Friday 12:00pm EST and I'll explain why this theory is wrong. BK
Labels:
Business Insider,
End of Gold,
Gold bugs,
Gold Bulls,
Silver Bull
Monday, February 4, 2013
Charles Goyette Talks to Goldseek Radio's Chris Waltzk
Mr. Goyette starts at the 10 minute mark. The discussion on the German and Swiss Central Banks calling in their gold from the USA FED, is especially interesting. Our solution is the U-Vault Account. BK
MP3 Link: HERE
MP3 Link: HERE
Labels:
Charles Goyette,
Chris Waltzek,
Germany's Gold,
Goldseek,
Swiss Gold
Friday, February 1, 2013
Gold and Silver Financial Review 02/01 by Gold Radio Cafe | Blog Talk Radio
Labels:
Gold Bars,
Gold Coins,
gold Radio Cafe,
Silver Bars,
Silver Coins
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