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Words spoken by Robert White, an appraiser, who checked out the inventory Nola Cronk had just acquired from Capital Gold Group. Cronk approached an appraiser after having a hellish battle with what she thought was a move to protect her retirement. Nola Cronk’s husband had passed away, and unfortunately he was the one who took […]
This holiday season, I came up with a not-so-original idea to buy (or give from stock) silver* as my trademark gift. Not only is it an educational tool that brings up questions about investing and the future of the dollar-based system, but it’s also worth a nice chunk of change. As we speak I’m packing […]
Now I usually do my dealing face to face with a local bullion shop, but just as Christmas shopping isn’t always done in a store anymore, neither are all precious metal purchases. Many friends and associates have mentioned the gold and silver buying options on eBay, Craigslist, and Amazon. Turns out it serves the same […]
For most of his time as a national political figure, Barack Obama has been careful to cloak his core socialist leanings behind a veil of pro-capitalist rhetoric. This makes strategic sense, as Americans still largely identify as pro-capitalist. However, based on his recent speech in Osawatomie, Kansas, the President appears to have reassessed the political […]
If it sounds too good to be true, it probably is. Although we refer to the conventional pathways to purchasing gold, I’m sure over time as you begin immersing yourself in the precious metal’s community you will find yourself looking for deals in all places. Your ears will begin to perk up when you hear […]
Deutsche Bank’s Lewis: Gold, Agriculture, Are “Safest Long Positions” Bloomberg – Michael Lewis, Deutsche Bank’s Global Head of Commodities Research, reports that gold and other commodities are “still cheap” and that gold’s recent rally, while record-breaking, is “not yet extreme.” Demand from emerging markets remains strong for all commodities. Lewis noted that gold is below […]
By Peter Schiff From World War II until very recently, the West – specifically Europe and the United States – was on a course for greater centralization, greater integration, and greater economic intervention. But this consensus is breaking down. In Europe, the euro has gone from steadily adding new members to now facing the prospect […]
By Jeff Nielson While watching a little television the other night, I was once again confronted by my biggest pet peeve: investment professionals who confuse risk and volatility. In this case, the offender was a TV commercial heralding the supposed virtues of an annuity with a “guaranteed rate of return.” The suggestion is that such […]
I’ve told more than one concerned investor that when the gold price falls, they should “come back in three months” and see if they’re still worried. The idea is that the daily and monthly gyrations are nothing to fret over, that the price will recover and, in time, fetch new highs. That advice has worked […]
It’s not just the bait and switch scams you have to watch out for; scams can be even scummier than you can imagine. This particular scam cost individuals tens of thousands as Global Bullion Exchange owner Jamie Campany mislead his over 1400 clients to invest in gold “accounts” that would never actually hold the bullion. […]
