The Silver to Gold Sales Ratio – November 2013

Gold and Silver Sales at the U.S. Mint November 2013 Silver Outsells Gold 52.2775.29 to 1 at the U.S. Mint in November The Gold/Silver Ratio was 63.47/1 in November – Retail investors continue to buy physical silver and gold in large quantities -2013 Silver Eagle sales to date pass 41 million and set all time Read More →

Bitcoin – A Mining Disaster Waiting To Happen

why bitcoin will fail

What Rises as Fast As Bitcoin Inevitably Crashes UPDATE December 4, 2013- Bitcoin Counterfeiting Update December 4, 2013- Bitcoin Thief Steals Millions* See also: The Case Against Bitcoin Will Greater Bitcoin Adoption Mean Higher Prices? Here Comes Bitcoin Regulation “If I can’t find a reindeer, I’ll make one instead”! – Dr.Seuss, How The Grinch Stole Read More →

Bitcoin, Banks and Black Friday – Podcast 11.29.13

Bitcoin and Banks Bitcoin, Banks and Black Friday Podcast Summary: 0:00-3:00 intro Black Friday 3:00-7:00 discussion of Black Friday; consumption vs. production; the Fed, China, cultural decline 7:00-12:37 discussion of interest rates and recent economic reports 12:37-17:00 Real estate “recovery”, inflation and interest rates, the government shutdown, new home sales,home price appreciation, tapering of QE, Read More →

The Case Against Bitcoin – A Faith Based/Emotion Backed Currency

why bitcoin will fail

The Case Against Bitcoin See also: Bitcoin: A Mining Disaster Waiting to Happen Will Greater Bitcoin Adoption Mean Higher Prices? Here Comes Bitcoin Regulation Bitcoin is backed by nothing other than the hope that it might be worth more tomorrow Bitcoin is a relatively new crypto-currency that has received a lot of media attention recently Read More →

Five Long Years in the Fed’s Potemkin QE Village

The term Potemkin Village comes from the story that Potemkin in order to impress the Empress of Russia constructed fake buildings Pe

The Fed’s Potemkin Village “We pretend to work and they pretend to pay us.” Anonymous Soviet Union “worker” Five Long Years in The Fed’s Potemkin QE Village The term Potemkin Village is derived from the account that Prince Grigory Potemkin once constructed a fake but lavish looking village along the banks of the Dnieper River Read More →

U.S. Mint Reports Record Sales of American Silver Eagles

The U.S. Mint Reports Record Sales of American Silver Eagles – Over 40 million ounces of Silver Eagles sold so far in 2013* – Surpasses record set in 2011 of 39.868 million Today the United States Mint released their sales figures through November 12, 2013. Month to date the U.S. Mint has sold 1,000,000 one Read More →

Mexico To Levy New Tax on Gold and Silver Miners

Mexican Mining Tax Check out the Smaulgld Gold Buying Guide Check out the Smaulgld Silver Buying Guide Live Silver Prices Live Gold Prices Will Mexican Mining Tax Curb Silver Supply? Late last month, the upper house of the Mexican Congress approved a new mining royalty tax. The Mexican mining tax would provide for a royalty Read More →

The Silver to Gold Sales Ratio – October 2013

Gold and Silver Sales at the U.S. Mint in October 2013 How To Buy Gold How to Buy Silver Silver Outsells Gold 75.29 to 1 at the U.S. Mint in October The Gold/Silver Ratio was 60.04/1 in October – Retail investors continue to buy physical silver and gold in large quantities -2013 Silver Eagle sales Read More →

October 2013 Fed Meeting Review

Fed Meeting October 2013 How To Buy Gold How to Buy Silver “…the Committee sees the improvement in economic activity and labor market conditions since it began its asset purchase program a year ago as consistent with growing underlying strength in the broader economy. However, the Committee decided to await more evidence that progress will Read More →

Why Saudi Arabia Matters in Helping to Keep the U.S. Dollar as the World’s Reserve Currency

Saudi Arabia and the Petro Dollar How the U.S. dollar obtained the world’s reserve currency status, how it abused it , how it retained it and how it might lose it. Update April 15, 2016: Saudi Arabia Threatens to Dump U.S. Treasury Bonds if 9/11 bill passes in U.S. Congress UPDATE February 2018 – The Read More →