What Happens When China Buys All The Silver?

It’s not hard to see that China is going to be a true superpower in the next few years. As we in the U.S. constantly print money and produce very little, China is producing and importing their products to us. Well, if you have been paying any attention you are aware that gold and silver are steadily climbing in price. As I write this post, gold is at $1,1128.00 per ounce and silver is at $17.13 per ounce. It seems...

Northwestern Mutual Makes First Gold Buy in 152 Years

Northwestern Mutual Life Insurance Co., the third-largest U.S. life insurer by 2008 sales, has bought gold for the first time in the company’s 152-year history to hedge against further asset declines. “Gold just seems to make sense; it’s a store of value,” Chief Executive Officer Edward Zore said in an interview following his comments at a conference hosted by Standard & Poor’s in Brooklyn. “In the...

Denominating Your Wealth in U.S. Coins

Gold coins provide an excellent wealth building tool. One that will continue over the long term and withstand the test of time. If you have the means and the vision to see the inherent value in a U.S. gold coin collection, now is a great time to start acquiring. The reason for buying coins are clear: inflation, compounded returns, and privacy. It is in your best interests, however, to engage in some research so that...

Have you been thinking about buying silver and gold?

If not, listen up … Within the last five years, gold has gone from just over $420 to over $1,100 an ounce. That is a huge increase in just 5 years. That means there is trouble brewing. Investors have be silently moving money into gold, silver and other precious metals. At this point I recommend everyone buy both gold or silver. I’m not a financial planner, just cautions when it comes to the US stock market...

2009 Gold Demand Surpasses U.S. $110 Billion

The demand for gold reached US $110 billion in 2009, up 40% from the previous year, supported by increasing investor demand in light of the current economic climate. Increasing investor demand resulted in the demand for gold bullion bars and coins rising by 87%. This huge increase was partially offset by a drop in demand for gold jewelry as gold prices increased. Jewelry purchases remained low in Western countries...