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I have recently used American Precious Metals exchange. www.apmex.com Here is why I settled there: 1. Low premium over spot. 2. Low shipping cost ($24.95 US per shipment, regardless of size (for me so far)) 3. They advertise both their sell and buy price for most forms of bullion. You can see price above...
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Someone slapped me this article when I was trying to explain him that inflation is caused by Money Supply. Now this author is a research fellow in Cato institute and quite recognized in India. Just wanted to know the response of you guys. Do you really think that Inflation being solely caused by money...
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In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...
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Examples abound of fiat currencies becoming worthless in a matter of months, weeks or days, prices spriraling out of control from one hour to the next near the end as everyone rushes to get rid of what they can while they can. It's easy to see how any government dedicated to recklessly monetizing...
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On the news I hear way too many comments about politicians insulting one another (mudslinging), digging up old facts about their opponents' personal history, etc. Reporters make a big deal out of it, like it's some sort of reality show. "Who said what? Who insulted who? Who used to smoke...
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Found this during my morning internet rounds... (from: http://survivalacres.com/wordpress/?p=1211 ) January 11, 2008 Legendary Funds Manager Julian Robertson Predicts Utter Global Collapse Stemming From Bursting of Property Bubble In a recent interview on CNBC with Ron Insana, one of the “old-timer”funds...
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There's a lot of blame-gaming going on here, and I'd like to set the record straight on who's to blame, because every member of the game has their share of responsibility. The Players: The Federal Reserve, Commercial Banks, Businesses, Consumers, the US government, and various foreign players...
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[quote user="DBratton"] I wonder what he'll be paying his police and army with now? [/quote]They are all millionaires by now . There is a lot of African countries that had hyperinflation. They only get ousted, when it gets unbearable or they do something stupid.
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[quote user="A.B. Dada"] ...I still disagree completely. Price increases are not always caused by inflation of the money supply. Inflation of the money supply CAN dilute your dollar, but it isn't required to, because your dollar's purchasing power is market-specific, not overall economy...
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Gold and silver have been used as money for thousands of years. Paper money has come and gone, over and over, with a 0% success rate. (Those aren't good odds if you're a betting man). Hyperinflation always occurs, which is followed (eventually) by a return to hard money. This is why you want...