London Gold Price Fixing
Lately we’ve heard a lot about price fixing scandals coming out of London. And now there are formal allegations of market makers rigging the price of gold! Twenty hedge fund, private citizen, and public investor have filed a lawsuit in Manhattan’s Federal District Court contending that the banks have used their privileged positions as market-makers to rig the price of gold to their benefit.
A Tribute to our Military – Thank you for your service!
This Memorial Day as we prepare to recognize all who have served, please take a moment to honor, reflect and remember those who have made the ultimate sacrifice. Thanks to all service men, women, and their families!
Gold Price Outlook
Peter Schiff on CNBC Futures Now (4/15/2014)
One point in particular that Peter did not get to make during this exchange is that gold sold off in 2013 because traders began to discount a successful exit from QE; meaning the Fed can shrink its balance sheet without derailing the economic “recovery.” Read more
California Hydraulic Gold Mining
Wikipedia, the free encyclopedia:
Hydraulic mining, or hydraulicking, is a form of mining that uses high-pressure jets of water to dislodge rock material or move sediment. In the placer mining of gold or tin, the resulting water-sediment slurry is directed through sluice boxes to remove the gold.
Hydraulic mining originated out of ancient Roman techniques that used water to excavate soft underground deposits. Its modern form, using pressurized water jets produced by a nozzle called a “monitor”, came about in the 1850s during the California Gold Rush in the United States. Though successful in extracting gold-rich minerals, the widespread use of the process resulted in extensive environmental damage, such as increased flooding and erosion, and sediment blocking waterways and covering over farm fields. These problems lead to its legal regulation. Hydraulic mining has since been used in various forms around the world. Read more
I believe all investors should have at least a small part of their investments in physical gold!
In the dot com bubble, as it was created by Clinton, the SEC and his administration, any shell company was allowed to do an IPO because it brought in untold capital gains tax and other tax revenues to the Treasury. Read more
Gold Nuggets for Sale
Most agree that individual investors should keep at least a small part of their portfolio in gold.
With the US debt is $17 trillion. Your real purchasing power has been and will continue to be eroded.
Actual, real gold Nuggets not only appreciate as the spot price of gold moves up, but also appreciate because of the rarity factor. The vast majority of gold is mined as very fine gold. On the other hand, natural gold nuggets, like natural diamonds sell at a premium based on their size and characteristics.
View real gold nuggets for sale.
Gold Nuggets for Sale
Gold is one of the most sort after precious metals on earth.
For thousands of years human beings have been mining for it, shaping it in to jewellery and worshiping it as a link to there gods. So if some ancient human cultures believed this metal came from the heavens, could they of been correct?
Gold can be found on the earths surface, about 1.3 Grams per 1000 tonnes of other earthly material. This is considered to be strange because these amounts of gold do not fit with standard models of our planets formation. If gold had been mixed with the other materials of the young molten earth it would have sunk to the core of the planet with iron. But it’s not, it’s on and in the surface. Read more
Gold vs. Paper Dollars
There was a recent MSN and article about gold. Naturally, it ran along the lines of many left-leaning publications which is that gold is a barbaric investment, one that earns no interest driven by fear and is surely about to crash.
So, let’s look at the other side of the coin, so to speak … None of these same publications said buy gold in 1999 2004 or 2009 ,but they ran articles every day about how you couldn’t lose money in real estate. You better wake up. When the liberal press tells you something about investing, you better do the opposite! Read more