Thursday, March 8, 2012

Why Warren Buffett hates gold?-On the Edge with Max Keiser-03-02-2012



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We addressed this on our website in February, here is an essay by Hon. Howard Buffet, Warren's father.
http://goldcoinscanada.blogspot.com/2012/02/hon-howard-buffet-human-freedom-rests.html

Tuesday, March 6, 2012

"Dr Doom" sees Iran-Israel clash, says buy precious metals

By Sitaraman Shankar
DUBAI (Reuters) - Political risk in the Middle East has increased significantly with war between Iran and Israel almost inevitable, and precious metals and equities investments offer some safety, Swiss money manager and long-term bear Marc Faber said on Tuesday.   LINK...
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Remember the USA put sanctions on Iran in November of 1979 and gold more than doubled from $400 to $850 in January 1980. With similar tensions building in Iran, could we see the same this time around? After such a violent drop in the metals recently we suggest this is a GREAT buying opportunity right now, for long-term investors! BK

Saturday, March 3, 2012

Utah House OKs More Gold Changes

The Utah Legislature isn’t quite done with gold as currency yet.
On Friday, the House approved a resolution to support the state’s freshly minted law that allows business to be conducted in precious metals as opposed to traditional U.S. currency, and another bill passed that would more easily allow both sales and capital gains taxes in gold. Both now move to the Senate.

LINK...