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…
Some Analysts Claim Gold Way Undervalued Due to Market Manipulation
Due to the strong impact gold prices have on interest rates and government bond rates, many analysts believe the price of gold has been manipulated by bullion trading banks, central banks and the U.S. Government. While this certainly isn’t the first we’ve heard about manipulation in the gold market, it’s the first we’ve chosen to…
Bullion vs. Numismatic Coins
A frequent question we receive from gold bullion investors is, “What the heck is the difference between a bullion and numismatic coin?” A recent article in our gold investors’ knowledge center explores this topic in-depth, but we wanted to provide a quick summary here in our blog. Essentially, the difference between bullion and numismatic coins…
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…
Can I Really Drive from Atlanta to Orlando for 2-Ounces of Silver?
Much of our interest in silver is driven by its comparison to paper U.S. Dollars. A few months ago, we wrote a post about a gas station in Oregon accepting 90% junk silver quarters and dimes. In that commentary, we explored the relationship between silver (…or commodity backed money) and the fiat dollar and found…
