Well, we’re past the 4th of July holiday and the midpoint of the year. We hope all of our readers and customers had an enjoyable and safe summer holiday – now that we’re halfway through 2012, it’s a good time to take stock of the gold and silver markets and try to see where things…
Gold Hits 4-Month Low Following Euro Slide
For a short bit Tuesday, gold slid 2% to below the $1600 mark. The drop marks an 8-month low for the yellow metal. Silver too was beaten by day’s end. As of 5:00 PM Eastern on Tuesday, it was down to just below $29.50. Even though it seems gold has been stuck in a rut…
Ron Paul 1-oz Silver Coins – AOCS Approved
Recently, we added 1-oz silver coins featuring Dr. and Congressman Ron Paul to our inventory and the response has been overwhelming. Besides their purity, one important but overlooked feature of these coins is that they meet the criteria set forth by the American Open Currency Standard, or AOCS. What exactly is AOCS? The American Open…
Famed Broker and Forecaster Peter Schiff Calls for Much Higher Gold/Silver Prices
In the wake of coordinated action taken by central banks around the world, famed broker Peter Schiff of Euro-Pacific Capital says this action is like a big ‘bell’ ringing for investors to buy gold, silver and bullion in general. Specifically, the U.S. Federal Reserve and other central banks in Europe and Asia reduced (…yet again)…
European Debt Crisis Could Threaten Dollar & Push Gold Higher
Anyone who’s keeping tabs on economic news has certainly heard of the ongoing debt crisis plaguing Europe. Many countries in the Eurozone (…countries that comprise the European Union) have staggering debt levels, some of which are well over 100% of the entire country’s Gross Domestic Product (GDP). Problems in Greece have been ongoing for quite…
Gold Hits New High after Comments from Fed
As we make our way through the hot months of summer, the gold market is sizzling with news of instability in Europe and rumors of another round of quantitative easing by the U.S. Federal Reserve. Just in the last two days, gold has shot up around $30 per ounce and broke a new record in…
