Tuesday, July 23, 2013

Gold to Rise to $2,000 Amid ‘Massive’ Inflation, Superfund Says

October 29, 2009 by · Leave a Comment 

By Kim Kyoungwha Oct. 28 (Bloomberg) — Gold may rise to a record $2,000 an ounce in the next three years as investors hedge against “massive” inflation sparked by governments printing money, according to Superfund Financial Singapore Pte’s Aaron Smith. “In the next few years, after the deflation cycle, we’ll see massive inflation,” Managing Director [...]

Gold’s New Ally

October 24, 2009 by · Leave a Comment 

The Daily Reckoning If you’ve invested in gold, you’re about to gain a powerful ally: pension funds. “I think the largest institutions like our own are realizing that we barely own any [gold]” Shayne McGuire, head of the Teacher Retirement System of Texas said in an interview in Hong Kong very early this morning. “The [...]

Top 5 Reasons To Add Precious Metals To Your IRA

October 22, 2009 by · Leave a Comment 

Now, more than ever, people are looking for ways to help secure their hard-earned retirement dollars after significant losses due to the weakness in the stock market and U.S. economy over the past year. Precious metals are a great way to diversify your holdings and likely increase your financial security. Here are the APMEX Top [...]

Peru miners lukewarm on strike, eyes on Congress

October 21, 2009 by · Leave a Comment 

Many employees at key mines in Peru reported to work on Tuesday as a 48-hour mining strike entered its second day with lukewarm support, while workers hoped Congress would vote to improve their benefits. Miners in Peru, a leading global metals exporter, have demanded the government pass laws that would lower the age for retirement [...]

Gold Bullion Coin

October 19, 2009 by · Leave a Comment 

Everyone got a good hard look at precious metals investment in action over the last two weeks, as gold repeatedly surpassed it’s all-time high on consecutive days. Now that gold prices have retreated to $1055 levels, more investors are considering an investment in gold bullion coin. Bullion coins like the modern, 22-Karat, American Eagle $50 [...]

Certified Coins in Retirement Accounts Sought

October 16, 2009 by · Leave a Comment 

If Sen. David Vitter could have his way, certified coins would be allowed in individual retirement accounts and other individually directed pension plan accounts. In fact, Mr. Vitter introduced a coin bill for just such an inclusion on Thursday, Oct. 8. Named the Options for Investors through United States Certified Coins Act of 2009, or [...]

Boomers Have Their Backs Against the Wall

October 15, 2009 by · Leave a Comment 

The Daily Reckoning Two important items in the news today: First, Bloomberg reports that retails sales fell 2.1% in September – the biggest decrease this year. Know what that means? It means the “Age of Thrift” is here…and that consumers really are cutting back – just like we said they would. And it means that [...]

Worthington to succeed Park as African Eagle chairperson

October 15, 2009 by · Leave a Comment 

Aim- and AltX-listed African Eagle Resources has appointed Euan Worthington as nonexecutive chairperson, following the retirement of former chairperson John Park on Wednesday. Park had been chairperson of the diversified minerals exploration company since 1998. Read more….

A Deflation Story

October 10, 2009 by · Leave a Comment 

The Daily Reckoning “It was at Rome, on the 15th of October, 1764, as I sat musing amidst the ruins of the Capitol, while the barefooted friars were singing vespers in the Temple of Jupiter, that the idea of writing the decline and fall of the city first started to my mind.” – Edward Gibbon [...]

Coin Chat Radio: 2010 Quarter Designs, Eagles and IRAs, Fascinating Coin Facts

October 3, 2009 by · Leave a Comment 

The U.S. Commission of Fine Arts as well as the Citizen’s Coinage Advisory Committee have both made their recommendations concerning their favorite designs for the five 2010 America the Beautiful Quarters due out next year from the US Mint, according to Bob Van Ryzin on this week’s Coin Chat Radio during his segment of "What’s [...]

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