Market Update April 25, 2012

Bernanke is maintaining a highly accommodative stance “in light of the persistence of factors restraining the pace of recovery and the ongoing risk to the economic outlook.” The problem is that history has shown us that this stance has not worked since the 1980’s when we transitioned into a debtor nation from a creditor nation. The following charts show you monetary velocity (economic activity) and the growth of debt for the federal government, state and municipal governments, as well as … Read More »

Social Security Fund Dries Up

The funds that run the Social Security program are kept in what is called a “trust fund.” Tax income is deposited into the trust fund on a daily basis and is “invested” in “special issue” securities. The cash exchanged for the securities goes into the general fund of the Treasury and is indistinguishable from other cash in the general fund, so Congress can spend it as they please. That is a far cry from the “locked box” which term was … Read More »

Central Banks Snap Up Gold

During February and March of 2012 when Gold prices fell, which caused individuals to sit on the sidelines and watch the action, foreign central banks were doing quite the opposite. The Financial Times reported they were buying up as much as four tonnes of bullion. The acquisition, worth about $250 million at the time, was effected through the Bank for International Settlements (BIS). Speculation is that the buyer is likely to be located in Asia, where the banks are anxious … Read More »

Yuan And The Dollar Size Each Other Up

There is a rather large issue regarding The Dollar that should be of interest to Americans. That big issue is China and more particularly the Chinese Yuan and how it could negatively affect the U.S. economy. Recently, China made a decision to allow more flexibility in the trading of its currency, the Yuan. China seems to be calculated in everything it does especially when it comes to their economy. It comes as no surprise that it is China’s desire to … Read More »

Gold Wins For Most Americans

Investors in CNBC’s latest All-American Economic Survey call Gold the “best investment,” even over real estate or stocks. The shiny yellow metal has a huge attraction. It seemingly knows no boundaries, from income levels to geographic regions, or even political parties. “Gold has taken over perceptions across the public as being a good investment. If not first, gold comes in as a very close second among investors,” said pollster Jay Campbell of Hart Research, which ran the quarterly survey for … Read More »

Brazil Slams U.S. Monetary Policy

The Monetary Policy of the U.S. became the subject of critical conversation in a meeting at the White House between President Obama and Brazil’s president Dilima Rousseff, who described the policy as “expansionary.” The Brazilian president went on to say, “Such expansionist monetary policies, in and of themselves, in isolation regarding the fiscal policies, ultimately lead to a depreciation in the value of the currencies of emerging countries,” and result in “impairing growth outlooks in emerging countries”. The Brazilian president … Read More »

Tips on Buying Gold from a Gold Trading Company

Gold traders are expecting those Buying Gold to witness the best start of the year in 2012. They primarily assume this due to the pledge taken by the Federal Reserve to maintain low interest rates until end of 2014. On January 25, 2012, gold trading companies saw the price of gold ETFs jump by $3.9 billion. Bloomberg surveyed 15 gold traders and nine of them expected the prices to rise further in the first week of February 2012. Such a … Read More »

4 Advantages of Investing in $20 Saint Gaudens Gold Coins

collectors of Gold Coins will get an opportunity to win famous valuable coins at the Long Beach Coin, Stamp and Collectibles Expo in 2012. This expo is being held at the California Convention Center, situated at Long Island Beach, from February 2 to February 4, 2012.  During this three-day expo, one gold coin will be given as a door prize each day.  Ronald J. Gillio, General Manger of the expo, revealed that the Professional Coin Grading Service (PCGS) will reward … Read More »

The US Gold Mint’s 2011 Proof Gold Eagle

According to a report published on January 25, 2012, the US Gold Mint has increased the prices of its bullion gold coins for the second time in 2012. Prices of gold coins have been adjusted by $50 for every ounce of gold. The impacted gold coins include the 2011 First Spouse, 2011 Proof Gold Buffalo and 2011 Proof Gold Eagles. Gold bullion coins saw a revision in price, depending on the amount of gold they includes. • The price of the … Read More »

Rare Gold Coins: Gold Coins

If there is one thing that gold coin collectors around the world fancy, it’s Rare Gold Coins. Not only are rare gold coins considered valuable for their beauty and historical significance, they are also highly sought after because of their rarity, age and unique appeal. Since rare gold coins are hard to find, you need to identify the right dealer who can get you these pieces of gold at the right price. After investing in rare gold coins, people need … Read More »