Known for aging longer than any other single living organism, the bristlecone pine tree can live up to 5,000 years. One trait the bristlecone pine tree shares with precious metal investments, is its ability to live on for generations. Now, investors and collectors can have both as the bristlecone lives on the U.S. Mint’s 2013…
Following the release of the economic forecast by the Federal Open Market Committee (FOMC) yesterday, U.S. Fed Chairman Ben Bernanke’s taper talk sent stocks and commodities tumbling. Maybe tumbling isn’t the right word… Collapsing to near three-year lows, gold has dipped below $1,300 for the first time since the fall of 2010. Prior to the…
In 1848 — the year gold was discovered in California — Americans flocked to the great Wild West. The months-long trek was painfully treacherous, and countless souls were lost along the way. Thanks to the pioneering spirits of more than 300,000 people, the California Gold Rush became a seminal event in the westward expansion of…
Do consumers tend to spend more money when they have perceived notions of increased wealth? This developing theory has been defined by economists as “the wealth effect,” which is the simple notion that when consumers have more money, they spend more money. Economists, including Federal Reserve Chair Ben Bernanke, claim that higher stock and home…
The gold plunge in April was no secret. It shed more than $200 an ounce and suffered its worst moment in 30 years. If you heard about the historic fall through the major networks, you may have ascertained that investors had given up on gold and moved their money into stocks, dollars and other investments….
If you’re an investor of gold and silver bullion, the “Marketplace Fairness Act of 2013” will interest you, but for all the wrong reasons. The bill that would force online and catalog retailers in all states to tax purchases during transactions has passed through Senate and is now in the House (HR 684). Local businesses…
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