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Recent Posts By: ProvidentMetals

U.S. Closing in on National Debt Limit as Controversy Looms

January 13, 2011 Uncategorized

Deficits and debt – both public and private – are hot topics in the U.S.A. these days. Not only are many people and businesses struggling with debt, governments are as well, which can have crippling effects on economic stability. Many analysts in fact see the U.S. National Debt as a big threat to the future…

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Copper Ends 2010 Strong

January 6, 2011 Uncategorized

Copper is a base metal used in many industrial applications. In addition to its industrial uses, it’s also becoming a more popular investment vehicle for many small-time investors. Copper bullion is available in both bars and coins for very attractive prices. If you can’t afford gold or silver, copper bars and coins may be the…

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Looking “Goldly” Forward into the New Year

December 28, 2010 Uncategorized

Well, we’re nearing the end of 2010 with much fanfare. While enjoying the holidays with friends and family, we also take stock of the year and look ahead to the future. In terms of the gold markets, there’s a lot to take stock of. Gold is completing another strong year, seeing around a 26% gain…

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Commodities Guru Jim Rogers Expects $50 Silver

December 17, 2010 Uncategorized

In a recent interview with TheStreet.com, legendary commodities investor Jim Rogers says he expects the silver price to surpass $50. Rogers is a well-known authority on commodities investing. He predicted in his famous books like Hot Commodities and A Bull in China that “gold will be $2,000 certainly in the decade, it’ll probably be much…

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Anecdotal Evidence Suggests Some Banks May Not Have Depositors’ Gold On Hand

December 9, 2010 Uncategorized

Some precious metal investors choose to store their gold and silver bullion in a bank’s vault for a variety of reasons. Maybe some own a large amount and need a completely secure place to store it. Perhaps some absolutely think storing precious metals in their home is a bad idea. Lately though, there’s been question…

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Gold Steadies around $1360 per Ounce on European Debt Concerns, Rising Dollar

November 29, 2010 Uncategorized

After seeing some increases to over $1400 per ounce, gold once again retreated in the last couple of weeks. It’s now steady around $1360 an ounce with several factors affecting current trends in gold priced in U.S. dollars. First off, European sovereign debt concerns have been reignited by Ireland’s recent bailout plea to the European…

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