Monday, April 29, 2013

Hamilton Detective Finds Fake Silver Eagles

Internet buyers beware! Another reason why we stay away from internet transactions. We deal directly with our clients one-on-one and in order to visit us you must have an appointment. We do NOT accept walk-in business or have a retail shop, and anyone who is not a client and did not purchase their bullion from us, the bullion is sent away for X-Ray analysis and payment is 24 hours later. So we never pay for bullion on the spot, which keeps our network of buyers and sellers authentic. All our suppliers are authorized distributors of the mints or certified LBMA or COMEX refiners. Our business model was specifically designed to eliminate any possible chance of infection by counterfeit coins.

Bosko Kacarevic

Saturday, April 27, 2013

Monday, April 22, 2013

Golden Inches

A message to the gold community from Central Metals Corp. 
What the latest correction really means.   BK

Another important message. 
The letter below was sent to authorized dealers of the USA Mint.  BK

From the desk of John A. Szczerban
Branch Chief, Precious Metals Group, United States Mint.

April 22, 2013

United States Mint Bullion Coin Authorized Purchasers,

Market demand for the United States Mint’s American Eagle and American Buffalo Gold Bullion Coins continues at a brisk pace.  While the one ounce gold bullion coins remain the most popular, demand for the one-tenth ounce coins has remained strong too, with year- to- date demand for these coins up over 118% compared to the same period last year.  Accordingly, the United States Mint has temporarily suspended sales of its one-tenth ounce gold bullion coins while inventories can be replenished.   
The United States Mint continues to offer its other 22 karat gold bullion coin options.  These include the American Eagle one ounce, one-half ounce and one-quarter ounce sizes.  Sufficient inventories of the 24 karat American Buffalo One Ounce Gold Bullion Coins also exist.

Friday, April 19, 2013

Friday, April 12, 2013

Gold and Silver Financial Review 04/12 by Gold Radio Cafe | Blog Talk Radio

Recorded LIVE Today at 12:00pm EST
Listen to internet radio with Gold Radio Cafe on Blog Talk Radio

Obamacare Might Hit Canadian Pensions

A little-known provision of the Patient Protection and Affordable Care Act —better known among friends and foes as Obamacare—came into effect on Jan. 1 that imposes a new tax on net investment income for U.S. citizens and residents. Even more unbeknownst to those potentially affected, the tax might hit Canadians in the U.S. and Americans who receive Canadian pension income. LINK...
Taxation without representation, anyone? Uncle Sam wants it ALL!   BK

Creditors Seize Cyprus Gold Reserves

The Telegraph:  Ambrose Evans-Pritchard
First they purloin the savings and bank deposits in Laiki and the Bank of Cyprus, including the working funds of the University of Cyprus, and thousands of small firms hanging on by their fingertips.
Then they seize three quarters of the country’s gold reserves, making it ever harder for Cyprus to extricate itself from EMU at a later date.
The people of Cyprus first learned about this from a Reuters leak of the working documents for the Eurogroup meeting on Friday.
It is tucked away in clause 29. "Sale of excess gold reserves: The Cypriot authorities have committed to sell the excess amount of gold reserves owned by the Republic. This is estimated to generate one-off revenues to the state of €400m via an extraordinary payout of central bank profits."   LINK...
Sovereignty is disappearing around the world, soon there will be no such thing as an independent nation or an independent person for that matter. Be proactive and plan for the worst and hope for the best.   BK

Tuesday, April 2, 2013

Jim Rogers Says, "Run For The Hills"

Watchdog to impose 1% surcharge on Canada's top six banks deemed "too big to fail."

If this isn't a warning of a soon to come "Cyprus style bail-out" in Canada, then I don't know what is? Take Jim Rogers' advice and "run for the hills."   BK

China Expands Gold Trading Hours

BEIJING(BullionStreet): As yet another step towards globalizing it's gold market, China is about to introduce a night trade market.
According to Shanghai Futures Exchange,an additional 9 p.m. to 2:30 a.m local time trading time to be added to the trading.   LINK...
Could gold be priced in the Chinese Yuan eventually? More and more the Asian market will be the center of gold trading.   BK