Showing posts with label Silver Coins. Show all posts
Showing posts with label Silver Coins. Show all posts

Thursday, August 1, 2013

Farmer's Missing Keys Unearths Treasure

When farmer Ifor Edwards dropped his keys in a field he had no idea the search to find them would result in the discovery of buried treasure.   LINK...
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You think FIAT FED paper money would have lasted this long, or been worth anything?  BK

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

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:

When you remove Washington you have
 a piece of paper worth nothing.
When you remove Kennedy you
have silver worth $10 today.

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

Friday, October 26, 2012

Gold Radio Cafe

The Gold and Silver Financial Review
With co-host Jeff Dunphy:  viatao@gmail.com

Listen to internet radio with Gold Radio Cafe on Blog Talk Radio

Friday, October 12, 2012

Gold Radio Cafe

The Gold and Silver Financial Review
With economist & co-host Jeff Dunphy:  viatao@gmail.com

Listen on Blogtalk: HERE

Friday, September 14, 2012

Gold Radio Cafe

The Gold and Silver Financial Review
Listen Live on Blogtalk: HERE

Monday, February 13, 2012

Tuesday, January 3, 2012

New Record For American Silver Eagles

January 3, 2012 By

Sales of the United States Mint’s gold and silver bullion coins rose for the month of December 2011, reversing the slow down experienced in the previous month. Annual sales totals include a new record for American Silver Eagle bullion coins.   LINK...

Tuesday, September 13, 2011

It's Time To Admit The Euro Has Failed

By Michael Sivy
@MFSivy
September 12, 2011

Read more: http://moneyland.time.com/2011/09/12/its-time-to-admit-the-euro-has-failed/#ixzz1Xr3WXoP2
 
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Is there anyplace where your money is safe?  Hmmm...    BK

Tuesday, September 6, 2011

$3,000 Gold by March 2012, Says Bob Chapman

Editor and publisher of the most highly acclaimed newsletter, The International Forecaster, Bob Chapman says that gold could easily go to $3,000 by March 2012.












Friday, August 5, 2011

Original FED Founder, Paul Warburg in 1915

"The scope of our banking future will ultimately be limited by the amount of gold that we can muster as the foundation of our banking and credit structure."  Paul Warburg, 1915

Thursday, August 4, 2011

Gold is Laughing at Us

By: John Carney
Senior Editor, CNBC.com

“Gold has proven to be a superman investment. It can leap over buildings and do things that investments aren’t supposed to do. And it’s laughing at us," I explained.
A more analytical take can be found today at Zerohedge. If you love charts, you'll love the post. Here's how it wraps up:
"As a percentage of assets, gold ownership remains negligible vis-à-vis assets such as equities and bonds. Ownership of gold is likely to be less than 2 percent of global investable assets. This is in marked contrast to the end of gold’s last bull market, when gold and gold stocks accounted for over 20 percent of global assets.
Gold remains badly analyzed, under-owned, and under-appreciated. This will change in the coming months and years, when the importance of gold as an investment and currency diversification and as a store of wealth is appreciated again."   LINK...

Wednesday, August 3, 2011

Central Banks Join Rush to Gold

The Wall Street Journal
by Liam Pleven, Se Young Lee and In-Soo Nam

Central banks are ramping up their gold buying as they seek to diversify their reserves away from the dollar and other beleaguered currencies.
South Korea became the latest government to disclose a big bullion purchase, saying Tuesday that it recently bought 25 metric tons - more than doubling its holdings to 39 metric tons. Mexico, Russia and Thailand have also been major buyers in 2011.
This year, governments have almost tripled their net gold purchases, increasing their holdings by 203.5 metric tons this year, up from a 76-metric ton rise last year, according to the World Gold Council, an industry group backed by miners.
The demand marks a major shift in central banks' thinking about gold. Increasingly, they see bullion as protection against risks posed by declining paper currencies and global economic upheaval, and their vast resources and conservative bent make them a powerful force in the gold market.   LINK...
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As we have said HERE many times, families should become their own "Central Bankers."    BK

Friday, July 29, 2011

Times Redux

From a client who would make a great writer:
















Times Redux

Something I'd written earlier, perhaps in another lifetime--they seem to pass by so swiftly. Perhaps apropos to the madness that confronts the sane:

I've had much time lately to think, slicing and dicing the economy, watching the latest movement of this financial index or that, trying to find the meaning within the meaning of words uttered by too many CNBC liars who utter words which purposefully have no meaning--which hence become so meaningful.
The news, when not so blatantly manipulated, comes across as drab and dreary as the dusty shuffle of soldiers in defeat.
We try to find our economic heroes--our doctors of digits and decimals who can rearrange the numbers and orchestrate a cure, stamp out the sickness with spitting needles that pierce a body too sick to move after a binge of greed and over-consumption--but there seems to be a glut of experts, all prescribing pills of different sizes, shapes and colors. I have to escape it all sometimes.
Recently, I took a walk with some new friends along the Detroit River, on Riverside. Horses and apples. Marble and metal. Plants that can spell. It was fun, and kind of sad, too: We're getting older, we understand what's happening around us.
We paused at the rail, looking across the river at Detroit, it's shining cityscape hiding the rot that eats it from inside.
An old man was there, not part of our crowd. No one paid much attention to him. He sat alone on a bench, muttering quietly to himself, watching the river as it flowed serenely toward Lake Erie. His clothes were dark and heavy, ripped and soiled. He looked to be in his mid-sixties, with a lined and weathered face the color of old wood just before it turns grey.
Evening approached, and a comfortable lull had settled over our group. The old man was still there. Slowly, so as not to startle him, I walked to the bench and joined him. From where I sat three feet away his odor was strong, as if his armpit held the mystery of a mollusk dying on the sand.
Under his breath, I could hear his words. They were spoken in a low and gentle voice, almost melodious.
"Water sparkle, don't you know. I know the water. Everyday day it speak and shine. Jimmy know. Birds fly, and fishes crawl under the shine...June, December, all the same to the fishes." He fell silent, working his jaw as if chewing something.
"Is your name Jimmy?" I asked. He seemed not to hear me.
"People smile and cry like sun and rain," he said. "Damn angels don't care for Jimmy. Clouds fall and they all cry for Jimmy. I know. Jimmy know."
He turned and looked at me. I noticed his eyes. They were an almost feline blue, really that startling. Unreal. But he wasn't looking at me. He was looking way beyond me, at a universe with a population of one.
"Bird flap, then steal the fishes. Like little clocks."
He turned his gaze back to the river. I slowly rose and rejoined my friends.
I'm sure that Jimmy wasn't scared. Not anymore. Not like the people in Detroit. Not like me.
Detroit is where my sister lives. Professor at a Michigan University. Absolutely clueless. I've tried. The tenure teat is too strong. Obama will cure all which ails. So it goes.

My wife and I may be closer to making a move in the PM arena. Take care, and God bless you and yours.

--Anonymous Client

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Rather poetic that GM headquarters is now downtown Detroit.     BK