Monday, May 22nd, 2017 MST

Don’t miss this opportunity to buy old US gold coins

Old US gold coins should be gold investors first choices because they now sell at premiums  comparable to 1-oz American Gold Eagles.  Historically, old US gold coins have carried huge premiums, sometimes as high as 40%.  Now, they’re selling at 4% to 6% premiums over the value of their gold content.

As this precious metals bull market becomes more evident, I predict that premiums will again rise on old US gold coins, meaning that investors stand to profit two ways: from higher gold prices and from increased premiums.

Time to buy old US gold coins

For only the second time in 44 years, I’m recommending old US gold coins.  The other time was in the 1990s. $20 Libertys and St. Gaudens now are priced competitively with 1-oz American Gold Eagles, the world’s most popular gold bullion coins.  This in on a per ounce basis! The better grade coins carry slightly

Massive Gold Maple Leaf stolen

Early last Monday morning, burglars broke into Berlin’s Bode Museum and stole a 100-kilogram [221-pound (avoirdupois)] .99999 fine Gold Maple Leaf with a face value of C$1,000,000.  However, the C$1 million face value was nominal.  The coin’s gold value was right at $4 million.

David Stockman-Everything Will Grind to a Halt in 2017

I’m not fond of recommending videos, especially long videos.  However, this video interview of David Stockman, Budget Director during the Reagan Administration, is well worth the time. Stockman reminds us of problems and developments that are being ignored.  For example, Obama and Congress made a deal years ago to suspend the debt limit until March

Modi paper money cancellation crushes gold

Tuesday last week, India’s Prime Minister Narendra Modi demonetized 86% of the money in circulation, except for special uses. Ostensibly, it was a move to check black money, i.e., counterfeit money, money that was gotten through graft or corruption and money on which taxes had not been paid. In the four trading days following the

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