Featured Stories
OCC Report on Derivatives
We posted a blog earlier this week about Bank of America moving their derivatives contracts over to a FDIC insured subsidiary, potentially transferring massive risk to tax payers without congressional approval. A Bloomberg article also implies that this move has the support of the Federal Reserve and… [more]
Three Phases of Bull Market Explained
By: Lynette Zang Every major primary bull market takes place in three sentiment phases. Since currencies are created from debt (government bonds) and supported by the ability to create more debt (full faith and credit). I thought it would be a good idea to show you how to identify trends on a sentiment… [more]
Is Gold in a Bubble?
As gold continues its rise during this bull market investors get concerned about the possibility of being in a bubble, and rightfully so. Many people lost considerable amounts of money during the dot.com and real estate bubbles in the last 11 years. Not to mention the “talking heads” of financial… [more]
How to get Started Investing in Gold Bullion and Numismatic Coins
Choose a Broker Dealer: Once you know that you want to own gold getting started is a very simple process. The first step is to pick a broker/dealer that you feel comfortable with. Typically this is done via radio and television talk show hosts that endorse various gold companies, or through an… [more]
Latest News on Gold
We Should Heed the 1920 Lesson
We have been “overmedicated” by our economic public policy and should instead be considering the reaction of the U.S. government during the 1920’s recession, remarked James Grant, editor of Grant’s Interest Rate Observer. Back in 1920 to 1921, the Federal Reserve raised interest rates and the national budget was balanced. These moves kept the miserable recession relatively short, New … [Read More...]
Gold American Eagle
In 1985, Congress passed the Gold Bullion Coin Act, which declared that the government of the United States had the authority to mint bullion coins and to assign them a face value, which is different from the inherent value of the ounces of gold contained in the coins they minted. The face value of a one-ounce Gold American Eagle coin is fifty dollars, while the actual value of the coins, based on … [Read More...]
Exporting Inflation Tidal Wave
In a statement to Congress, Federal Reserve chairman Ben Bernanke recently said, “We do not want higher inflation and we’re not tolerating higher inflation.” If one understands “politician speak” it is true, because Washington is exporting it’s unwanted higher inflation to the emerging world, which must tolerate it, for now. “This policy runs the great risk of fueling asset … [Read More...]
