Silver

The Silver Door Is Closing!!??

By Silver Shield, on March 13th, 2011 I have a little theory that I’ve been kicking around for a couple of years.  The theory is that there will come a time that you will not be able to buy silver at any price. It will not be because there is not any silver around to … Continue reading →

States seek currencies made of silver and gold

A growing number of states are seeking shiny new currencies made of silver and gold. Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their own alternative … Continue reading →

Gold Climbing Back to $2,000 on News that Federal Reserve Vows to Keep Rates Low & Home Sales Fall

Oil rose to near $100 a barrel Thursday in Asia after the U.S. Federal Reserve said it would keep interest rates at record lows at least until 2014 to help jump-start the world’s biggest economy. As we suspected yesterday, crude oil prices edged higher after an overtly dovish FOMC announcement sank the US Dollar. The … Continue reading →

Have You Seen this….10% of China’s GDP is a Direct Result of Counterfeiting, Including Gold & Silver Coins

Whether it’s pirated software, poison-infused baby formula, cancer-causing drywall, luxury purses, or fake medicines, if you need a knock-off, China has traditionally been the go-to country, with a counterfeiter always willing to oblige. Now, with precious metals prices on the cusp of possibly the biggest price explosion in centuries, fake gold and silver products are … Continue reading →

Gold prices plunges on Europe Fears, Gold and Silver Being Sold off to Cover Stock losses

Many people in the markets are looking at the looming questions behind the possible defaults surrounding Greece, Portugal, & Ireland. On August 24, the CME raised gold margins, a step that’s proved difficult for silver to handle only a few months earlier, but there was more to gold’s decline. The reasoning and warning provided in the August … Continue reading →

Gold-for-oil, dollar-doom plans…History repeats it self

World Gold Council Data Shows Gold to See $2500 in 2012 Or Sooner!

“In the third quarter, we are going to see strong investment numbers, because of the European crisis, the debt downgrade in the United States and poor economic figures coming from the United States which have created a concern in investors’ mind that we may be heading back to another recession,” World Gold Council Managing Director … Continue reading →

Gold Tops $1,917 on it Way to $2,500…. While U.S. New Home Sales Fall in July

Gold prices have been on a tear lately, topping a fresh record high above $1,900 an ounce early Tuesday — just two weeks after rising above $1,800. Gold prices first crossed the $1,900 mark in after-hours electronic trading Monday. Early Tuesday, prices hit an all-time high of $1,917.90 an ounce, before pulling back to about … Continue reading →

Gold Price Vaults to Record High Investors Seek Safety, China Needs Caution in Drive Up Gold Reserves, Silver Surging Twice as Fast as Gold

Gold vaulted 1.4 percent in the first two hours of trading Friday amid mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.  Nervous investors fled to the safety of core government bonds, Swiss francs  and gold, which … Continue reading →

Gold Hit Record Highs $1,827 on News of Fall in Existing Home Sales, Freddie-Mac lowering rates, 10-Year US Bonds Droppes Under 2%

Gold rallied to its second record high in a week on Thursday, driven by growing investor unease over the outlook for the U.S. economy after data showed an unwelcome pickup in inflation, and over the lack of resolution to the European debt crisis. Asset such as stocks, corporate bonds, industrial commodities and higher-yielding currencies slid … Continue reading →