In the United States we currently have a stated policy by the Federal Reserve to create higher levels of inflation while artificially lowering interest rates. This is a policy devastating to savers and those attempting to live off of the proceeds of their capital. How did we arrive at the point where a government created
Despite next to no publicity, the US Mint’s America the Beautiful 5-oz coin series turned into highly sought after items when the Mint announced their release. Unfortunately, the situation quickly turned ugly.
Originally, plans were for the coins to be sold through the same distribution channels as the Mint’s Gold Eagles and Silver Eagles, and CMI Gold & Silver Inc. expected to handle the coins. However, demand was so great that the Authorized Purchasers doubled prices.
Even Ethan Hunt couldn’t crack these… Bank heists are extremely difficult to pull off, no matter what Hollywood might have us believe. Some vaults are so secure that robbers have heart attacks even thinking about breaking in. With that in mind, check out these 15 Most Impenetrable Bank Vaults from recent history and see to
A basic understanding of economics is vitally important to the task of safeguarding ones wealth – particularly in the current environment. If you’ve spent any amount of time listening to the mainstream economists with all of their hand-waving arguments, circular logic and incorrect forecasts you would certainly be excused for arriving at the complete opposite
Incredibly, Fed Head Ben Bernanke says that the Fed is not printing money, that the inflationary impact of QE2 will be negligible. Bernanke further suggests that the Fed’s ability to shut down price inflation, if it raises its ugly head, is abolute. This man’s hubrus knows no end.
For years the airwaves have been full of telemarketer ads that proclaim the virtues of investing in gold. And, because of gold’s performance over the last ten years and because of the ongoing global financial crisis and because the ads continue to run daily in huge numbers, it is logical to conclude that the telemarketers’
When it comes to economics, Ron Paul is the most economically informed member of Congress. When Fed Head Ben Bernanke makes his reports to Congress, how he must dread going head-to-head with this mild-mannered but dogged Congressman with the embarrassing questions.
Friday, November 19, Arizona’s Campaign for Liberty will hold a fund-raising reception with Ron Paul at The Phoenician. CMIGS clients in the Phoenix area are encouraged to take advantage of this opportunity to talk with the world’s most famous US Congressman.
Eric King of KingWorldNews.com blogged that his sources say Asian buyers effectively have checkmated the silver shorts. No doubt about it, there is a major battle going on in the silver markets. Volumes are at record highs, and volatility is extreme.
Jim Rickards, writing for KingWorldNews.com, exposes the risks that the Fed is taking with its second Quantitative Easing program, now aptly dubbed QE2. According to Richards, the Fed could go bankrupt. First, how the Fed could go bankrupt; second, why it will not happen, at least not immediately. The Fed announced that it plans to
Today the financial community awaits Fed’s decision on Quantitative Easing 2, which has become the euphemism for a second round of money creation in another effort to get the economy going. At the end of its two-day FOMC meeting, the Fed will reveal the details (some, at least; all, probably not) of Quantitative Easing 2.