Uncertainty is certainly (…no pun intended) nothing new. It’s a persistent fact of life that’s been around in both good times and bad throughout the ages. But right now seems different – the economy in the U.S. and around the world can be characterized as ‘shaky’ at best. Unemployment in the U.S. is officially hovering…
Gold, Silver and Commodities End Roller Coaster Week
“Like a roller coaster..” is the perfect simile to describe the recent events in precious metal markets. As in actual roller coasters, everyone on board looks to the big drop-off with either terror or anticipation (…reaction to this metaphorical drop depends on your level of experience in precious metal investing). Recent events in gold and…
Gold, Silver See New Record Highs in April
With spring blooming across the country, gold and silver have been on a consistent rise in the month of April. Just today we’ve seen new records as gold crossed the $1500 per ounce threshold for a short time and silver breached $45 per ounce for a short while. In the last month, gold has increased…
Mines Company CEO Predicts $1500 Gold, mid-$40s Silver
Coeur d’Alene Mines’ CEO Dennis Wheeler recently stated he “would not be surprised” if gold is trading in the $1500-$1600 and silver in the mid-$40s per ounce price range by the end of the year. Speaking at the Reuters Mining and Steel Summit last Thursday, Wheeler says increased instability through political turmoil and natural disasters…
Criticisms Mount over Quantitative Easing II
A few months ago just before Thanksgiving, we told you about a move by the Federal Reserve to buy U.S. Treasuries and increase the amount of excess reserves in banks. Fed chairman Ben Bernanke said this move was needed to shore up an already shaky economic recovery. But many have their doubts, including two chairmen…
Find Great Discussions and Unbiased Coin Reviews on Precious Metal Forums
One way we and many other professional gold bullion dealers find information and interact with others is through a forum. There we learn about what other seasoned veterans are thinking in regard to issues affecting gold bullion and other precious metals as well as discussions on various bullion and numismatic coins. Ordinary investors and collectors’…
