Much of the recent interest in precious metals like gold and silver stems from the effects of price inflation. Many people who buy coins like pre-’65 dimes, quarters and half dollars do so to protect themselves from the effects of this inflation – and to have a highly valuable medium of exchange in the event…
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…
Food Inflation in February the Worst in 36 Years
If you’ve read about investing in gold and silver on our site and elsewhere, you’ve certainly read about inflation fears and how gold, silver and other precious metals can help protect you from out-of-control inflation. In fact, many economists and leading investors like Jim Rogers have been saying prices for food, energy and other staples…
Inflation, Rising Food Prices Spark Egyptian Revolution
Although not directly related to gold, silver and other precious metals, no doubt you’ve heard about the mass protests occurring across the Arab world…Egypt being the largest one thus far. Mass protests and nonviolent civil disobedience – mainly driven by that nation’s youth – culminated with the end of President Hosni Mubarak’s 30-year reign. While…
