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Recent Posts By: ProvidentMetals

Measures of Inflation – Understanding the CPI

September 15, 2011 Uncategorized

If you were to ask 100 people on the street what inflation is, you would either get a blank stare or they would say it’s ‘rising prices’ for goods and services. Historically though, this definition is incorrect…rising prices are a symptom of inflation, which is more accurately defined as an increase in the money supply….

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Scammers and Fraud Unfortunate Reality as Gold Goes Higher

September 9, 2011 Uncategorized

As the price of gold continues its upward trajectory so does the presence of scammers looking to make a quick buck. Considering many investors are pretty new to gold, it can be pretty easy for fraudulent brokers and dealers to sell investments that either don’t exist at all or are completely different than advertised. With…

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Remember Unique Treasures with Special Issue Coins from U.S. and Canadian Mints

September 1, 2011 Uncategorized

Do you have any special places or events you’d like to see immortalized on a silver coin? Most silver investors are aware of the standard silver coins coming from the U.S. and Canadian Mints. The U.S. Silver Eagle and Canadian Silver Maple are two of the most popular bullion coins on the market. Many investors…

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After Near Meteoric Rise, Gold Giving Back Gains

August 24, 2011 Uncategorized

Watching the metals markets (gold, silver) for the last few weeks has almost been like an exhilarating roller coaster ride. After hovering in the $1500 range for a good bit of the summer,  the yellow metal began an almost parabolic rise to first $1600, then $1700, amazingly to $1800 and almost unbelievably to just above…

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Closing the U.S. Gold Window – 40 Years of Worldwide Paper Money

August 17, 2011 Uncategorized

40 years ago this past Monday, the final link between the U.S. Dollar and gold was severed by President Richard Nixon. Since, the dollar has freely floated against other currencies. Up until that time, gold was exchanged at a fixed rate of $35 per ounce as setup under the Bretton Woods Agreement following World War…

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Gold Reaching New Records Daily, Silver Back Above $40

August 3, 2011 Uncategorized

As the dog days of summer continue, gold and silver have seen tremendous activity to the upside in the past month and especially in the last week. At the time of this writing, gold has shot up another $30 per ounce and is approaching $1670…silver is back above $41. (Remember this spring and silver’s brief…

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