To further our discussion about copper as a viable investment option, we wanted to touch on a recurring question we get at Provident Metals. Most people know that precious metal coins and bars come with premiums attached. In other words, the actual price you pay for a silver coin (like the American Silver Eagle, for…
Copper Outpacing Gold, Silver in 2012
For the gold and silver markets, the year has been tumultuous at best, with an anemic 0.9% rise in gold futures and a 2.5% decline in silver futures. Copper on the other-hand has risen about 2.7% since the end of last year! A recent report from MarketWatch gives some perspective on why copper may be…
House of Representatives Overwhelmingly Passes Fed Audit Bill
H.R. 459, better known as the Federal Reserve Transparency Act of 2012 (…or Audit the Fed), has passed the full House of Representatives by a vote of 327-98. Passage of the bill represents a crowning achievement in the career of Congressman Ron Paul, the bill’s author. For decades as a congressman and 3-time presidential candidate,…
Gold Spends June Trying to Figure out Where to Go
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…
A Six-Figure Income Isn’t What it Used to Be
In decades past, the magic 6-figure salary was (…and still is) a monumental accomplishment. Individuals and families with earnings over $100k per year often had two nice cars, a nice home, took good vacations and still had plenty left over to save for the kid’s college and retirement. But inflation (…or rising prices) has eaten…
States Seek Alternatives to the U.S. Dollar
In the last couple of years, an increasing number of state legislatures across the country have introduced bills to allow gold and silver to be used as legal tender. In 2011, Utah became the first state to introduce its own alternative currency to the U.S. dollar. That state’s governor, Gary Herbert, signed a bill in…
