Gold Eagle

Gold and Silver Prices to Spike Next Week

Gold and Silver Prices to Spike Next Week

Gold and silver prices have remained volatile in both directions since October. But indications from the COMEX show suggest we may see a spike in these precious metals prices next week… As prices moved higher over the past two weeks, strong bouts of profit taking have hit the gold and silver markets in each instance, stalling the next attempt to hit another new high. World Gold and Silver Demand World investment demand for gold has increased 250% in the past ten years. Investment demand for silver has skyrocketed 522% since 2007. Sales of official gold coins (like the American Gold Eagle) have increased 618% since 2007. World governments are hoarding silver; official sales have plummeted 83% in the past three years. Gold demand for ETFs has increased 20,470% since 2002. Above-ground silver supplies dropped 86% last year. Industrial demand for silver has increased over the past decade, despite a 236% increase in prices. On the downside action over the past two weeks, strong buying support has come in as precious metals prices looked like they were going to sell off— thus our current holding pattern in gold and silver prices. This will change to the upside within the next two weeks as major buying of physical metal will need to take place in order to meet contractual obligations on the COMEX before December 31, 2010. Contracts for gold and silver December futures that demand physical metal must be met by then. But there appears to be a significant shortfall in the actual physical metal required to meet these demands — especially in silver… If these contractual obligations are not met by the 12/31/10 deadline, then we could see a default scenario, which would drive the metals prices even higher and cause great instability for other markets as well. This potential default is due to the fact that JP Morgan Chase, the largest fractional stock holder of the Federal Reserve, has been wildly shorting silver and is now caught between a rock and a hard place. Word on the street is that JP Morgan Chase has opted to go massively long copper in an attempt to hedge their losses in silver, which could be enormous. This is…

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The Armageddon Hedge

The Armageddon Hedge

The world is an orchestra. And it’s under the complete control of the international banking cartel. They’ve conspired the orchestration of a hostile consolidation of power and control for themselves at the expense of you, me, and everyone you know. They have total control over the world’s governments, media, religions, corporations, and organized crime — pulling the strings tied to every major organization and institution that yields considerable power. Every day in the financial news, we witness the small steps of a global banking crusade that has been designed to bring us to our knees economically, socially, and politically. Whether you want to believe it or not, the world banking syndicate has a plan. And their plan doesn’t involve our best interests. Fortunately, there is still a little time for the unprepared to secure their personal financial futures… ~~SIGNUP_WD~~ Gold is the only Armageddon hedge The absolute best way to store value is gold. Plain and simple. And investors worldwide are starting to wake up to this fact. Over the past several months, we’ve watched gold investment demand skyrocket in places like China, despite rapidly rising prices. These new investors have become aware that something is wrong. And they’re taking action. The global investment demand for gold is the most reliable barometer of what’s really going on behind the smoke-and-mirrors routine of banks and their minions. Global Gold Investment Demand World investment demand for gold has increased 250% in the past ten years. Sales of official gold coins (like the American Gold Eagle) have increased 618% since 2007. Gold demand for ETFs has increased 20,470% since 2002. And the recent spike in gold investment demand foreshadows the consequence phase of the world bankers’ devious scheme for control of power. Knowledgeable investors can see this, and are increasingly turning to gold as the only true wealth preserver. They will be the lucky ones. Those who still don’t get it and avoid or miss ownership of gold will be financially devastated due to devaluing currencies worldwide and economic distortions of all kinds. I wish them luck. Right now, the price of gold is taking a breather after three weeks of major gains. However, no market goes up in a straight line, and it’s expected to have these kinds of broad sell-offs. That means for those who are looking to buy the physical precious metals, these are the moments to take notice and make your purchases. Based on the patterns of the last eight months, this dip won’t …

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U.S. Mint Raises Premium on American Silver Eagles

Filed in Gold, Gold Eagle, GOld juniors, platinum, silver by on October 4, 2010 0 Comments

The U.S. Mint has increased the premium charged for American Silver Eagle bullion coins from $1.50 to $2.00 per coin due to higher production costs. The Mint does not sell American Silver Eagles directly to the public, but distributes the coins through a network of Authorized Purchasers, who resell the coins to other bullion dealers, coin dealers, and the public. The price for American Silver Eagles sold to Authorized Purchasers is determined based on silver content plus a premium. The last time the Mint increased the premium for Silver Eagles was February 2009 when it was increased from $1.40 to $1.50 per coin. Prior to that, premiums were raised in October 2008 from $1.25 per coin to $1.40 per coin. The U.S. Mint’s American Eagle series of bullion coins has become very popular over the past few years. Sales of the American Silver Eagle increased 191% between 2007 and last year. *2010 estimate Meanwhile, sales of the American Gold Eagle increased 616% over the same time; and sales of the American Platinum Eagle shot up a staggering 2,700% in just three months ending in October 2008, when the Mint ran out of platinum blanks to produce the coin. The U.S. Mint still hasn’t been able to keep up with the soaring demand for the American Platinum Eagle bullion coins. Over the summer, the Mint announced it would produce 10,000 American Platinum Eagles. When the Platinum Eagles were released in late August, they sold out in less than a week. To help ease the buying pressure from the gold, silver, and platinum American Eagle bullion coins – and to support a major mining company in his home state – Montana-based Republican Denny Rehberg recently introduced new legislation that called for the production of a new American Palladium Eagle bullion coin . I recently published a new report on this new American Palladium Eagle bullion coin and what it could mean for palladium prices and you as an investor. I called the report simply The New American Palladium Eagle Bullion Coin. You can read this free report now by clicking here or by copying and pasting the following link into your internet browsers address bar: http://www.wealthdaily.com/articles/the-new-american-palladium-eagle-bullion-coin/2749 Good Investing, Luke Burgess Editor, Wealth Daily Investment Director, Hard Money Millionaire and Underground Profits U.S. Mint Raises Premium on American Silver Eagles originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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The New American Palladium Eagle Bullion Coin

Filed in copper, Gold, Gold Eagle, Gold Market, platinum, Rio Tinto, shares, silver, ubs, upgrade by on October 1, 2010 0 Comments
The New American Palladium Eagle Bullion Coin

Palladium is getting ready to hit fever pitch. Soaring demand from the global auto industry and others could slingshot palladium prices into the stratosphere as global mine production falters and government sales disappear. And now, a new U.S. government proposal to make palladium more accessible to investors may double investment demand, taking further supplies off an already tight market. This means your final opportunity to establish a well-positioned investment in palladium is rapidly approaching. In just a minute, I’ll show you a few ways you can start investing today and reveal my #1 North American palladium stock for 2011. But first I want to tell you about one politician’s fight to create a new American Eagle bullion coin— and one public U.S. palladium company in particular that would substantially benefit. Advertisement The “War on American Retirement” EXPOSED While our nation’s eyes are fixed on Iraq and Afghanistan, Congress launches a hidden assault right here in the homeland … Against your IRAs and 401(k)s. You can surrender and lose everything – or make this “guerilla wealth” move and retire rich, with your assets intact . Click here to learn more The new palladium American Eagle bullion coin Recently introduced legislation in the U.S. calls for the production of a new American Eagle bullion coin to be minted in palladium. The U.S. Mint’s American Eagle bullion coins are already minted in gold, silver, and platinum. The addition of a palladium bullion coin would expand the American Eagle bullion coin program to cover all four precious metals, and provides a new entry point for precious metal investors. The difference between gold and platinum right now is about $350 an ounce; but the difference between gold and silver is about $1,280 an ounce. With palladium currently trading at about $570 an ounce, an American Palladium Eagle coin would offer precious metal investors a good price entry point between gold (~$1,300/oz) and silver (~$21/oz). Here’s how I see it breaking down: American Silver Eagle ~ $21 an ounce American Palladium Eagle? ~ $570 an ounce American Gold Eagle ~ $1,300 an ounce American Platinum Eagle ~ $1,650 an ounce The motion to produce the new bullion coin— label H.R. 6166 The American Eagle Palladium Bullion Coin Act of 2010 — was proposed by Montana-based Republican Denny Rehberg. According to the bill, the American Palladium Eagle would contain one troy ounce of .9995 fine palladium and carry a legal tender face value of $25. The bill also recommends that the new Palladium Eagle feature the work of U.S. artist Adolph Alexander Weinman, whose Half Dollar “Walking Liberty” design is currently used on the U.S. Mint’s American Silver Eagle bullion coin. Weinman’s …

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American Gold Eagle Bullion Coins | American Cars Magazine

Filed in Australian Gold, Bank Gold, Gold, Gold Eagle by on August 27, 2010 0 Comments

Investing in American Gold Eagle Coins The market for gold bullion coins has increased since the original mint in 1986. Coins bearing the. … Investors seeking to purchase coins in the recent market also realize the prices for many items such as coins or stocks has decreased. The current price for a 2010 American Eagle Gold coin is twelve hundred dollars. There is a variety of sources that purchase the coins based on the market value. Finding the right buyer is often as …

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Why Invest in Gold and the Many Ways to Invest in Gold | Business

Filed in Australian Gold, Bank Gold, Gold, Gold Eagle by on August 17, 2010 0 Comments

Now in the new millennium gold has soared while stocks are still below their year 2000 highs I consider these to be the best opportunity right now. While gold stocks are up nearly 500%, investment grade gold coin investment (those that carry a grading of Mint State … Inventory of Coins and Bullions Include many types of Bullion Coins like American Gold Eagles, Gold Bullion Coins and bars. In the future, coins and Bullions will expand by including jewelry and gift items. …

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China’s Gold Bull Market

China’s Gold Bull Market

The Chinese government is making strategic moves that could have dramatic effects on gold’s delicate supply/demand balance. This maneuver could force gold prices screaming higher as hordes of new Chinese gold investors come clamoring into the market. For investors today, the new measures promise at least two things: The gold bull market is secure with prices expected to continue marching higher. Companies with Chinese gold assets may be well-leveraged to take advantage of soaring domestic demand. Here’s how China’s new gold strategy could fundamentally alter the global market… Plus two small gold companies that are hoping to profit with well-established positions in Chinese gold assets… Advertisement BP Changes Oil Forever… and Hands You a Shot at 508% Gains Thanks to the catastrophic Gulf oil spill, the oil industry is being transformed before our eyes. Oil is about to make a huge move back onto land… and these 3 small American companies are already in prime position to lead the charge. Find out how you can piggy bank their good fortune all the way to 508% gains by July 2012. Gold: The China Impact The Chinese government just announced that it will allow more of its domestic commercial banks to import and export gold. Up until now, the international trading of gold was restricted to only five of China’s largest commercial banks. These include the Chinese divisions of HSBC and Standard Chartered. But new regulations will allow smaller financial institutions to freely trade on the Shanghai Gold Exchange and internationally. The liberalized trading rules will eventually give hundreds of millions of Chinese citizens new access to gold-linked investment products. And this creates the perfect scenario for gold’s price to finally soar over its inflation-adjusted record high of $2,500 an ounce. China’s gold market liberalization sends a strong demand signal and it’s very positive for the price of gold. It is a structural demand shift which must result in higher gold prices as the global equation has changed now significantly with more gold consumers and investors. – LGT Capital Management , voted “Private Equity Manager of the Year” 2007-2009 The international gold market is now paying a lot more attention to China’s gold demand, not just from an official reserve asset perspective, but also private demand. Behind India, China is the second-largest physical consumer. Therefore any step to integrate, liberalize, and expand this market should, in time, foster a rising appetite for gold. – UBS , the world’s second largest manager of private wealth assets. The demand for gold in China has already increased during the first half of this year as concerns over the global economic recovery spurred investment. China National Gold Group Corp., the country’s largest state-owned gold producer, even reported a 40%…

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Total Government Leads to Total Misery

Am I speaking or writing about the War of Northern Aggression, incorrectly called the ‘Civil War’? Not on your life. I am talking about North and South Korea, and North and South Rhodesia. America is rapidly approaching the condition of North Korea and Zimbabwe, which used to be Southern Rhodesia.. Look at the absolute facts, and shudder. North Korea is total government, as is Zimbabwe, or any other totalitarian state. Zimbabwe used to be Southern Rhodesia. Southern Rhodesia had thousands of individually owned, prosperous farms. Southern Rhodesia exported food, and was an extremely rich, white ruled, free nation. It became independent from Britain in 1965. It was bordered by Zambia, (Northern Rhodesia, which was never free), Mozambique, (formerly a Portuguese colony), and Botswana. In 1978, after years of incredible pressure from the United Nations, Rhodesian President Ian Smith, signed an agreement with three black African leaders, with the promise of white protection. Fat chance. That sealed the doom of Rhodesia. I can still hear Smith begging for help from the free world, as his nation was being overrun, smothered and ruined, but there was no help. Rhodesia became Zimbabwe, and with it, total government, poverty, deforestation, inflation, murder, and seizing of white farms. Total government, in short, took what used to be prosperous Rhodesia, and turned it into total poverty, no freedom, and actual slavery. Whites are gone, as are their farms, which have been divided up and given to blacks, ‘who needed them.’ Whites are also gone or leaving South Africa after being murdered and their farms and businesses seized. North Korea, as opposed to South Korea, is the difference between night and day. North Koreans are starving, regimented, murdered, and live in abject poverty. North Korea does not lack natural resources, farm land, rain and sunshine, but it has total government. Total government has enslaved, and is literally starving the populace. South Korea makes things, sells things, and is happy and prosperous. South Korea’s government is miniscule, compared to America’s, and that’s why Korean cars are excellent, and lots of things are made and exported in and from South Korea. In 1935, Amos Pinchot wrote that, “Today the nations in the world may be divided into two classes. The nations in which the government fears the people, and the nations in which the people fear the government.” And that sentence speaks volumes. When America was founded, the government was at the will of the citizens and states. Today, central government in Washington D.C., with thousands of branches and bureaucrats everywhere, are ruling us, rather than us ruling them. We are afraid of government, whereas government should be afraid of us. It isn’t, and thus we have the addendum to the health care bill, which was passed without a single Republican vote, part of which says that any sale over $600 must be reported on a 1099 form to the IRS, beginning Jan 1st, 2012. This is fantasy, as far as I can see. Buy a new refrigerator and get a 1099? Buy a new sofa and get a 1099? Buy lots of groceries at one time and get a 1099? Buy a new or used car and get a 1099? Transmission job and get a 1099? How about a yard sale of a $600 something or other? Buy a row boat or canoe and get a 1099? Buy or sell a single Gold Eagle and get a 1099? Millions of forms flooding the IRS, and thousands …

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American Gold Eagle Coin: Gold Bullion Standard | GDRIVE 360

Filed in African Gold, Bank Gold, Gold, Gold Eagle by on July 3, 2010 0 Comments

The gold eagle coin of these days was authorized by Congress in 1985 and first minted in 1986. The coin represents 1 with the units that form the gold bullion . … Some investors select the American gold eagle coin as being a significant expense device. The coins are small, visible and secure investment units in contrast for the buy of stocks , bonds or other financial derivatives. Whilst there’s variance from the day-to-day cost of gold, the common trend continues to be …

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American Eagle Gold Coins-Gold Coin Investing To Hedge For The …

These coins were first introduced in the gold market in 1986, following its authorization and recognition as an official gold bullion coin of the United States under the Gold Bullion Coin Act of 1985. Such coins are sold by almost every coin … Because of its notable quality, the value of American Gold Eagle Coins are considered to be far more stable than the price of currencies, stocks , and other forms of volatile investments. In addition to such, these gold coins are …

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May 2010 and the New Closing Highs for Gold | Stock Market News …

Filed in African Gold, Australian Gold, Bank Gold, Gold, Gold Eagle by on June 2, 2010 0 Comments

What with BullionVault users growing their privately-owned hoard above 20 tonnes of gold bullion last month – as well as German coin dealers being emptied, the US Mint enjoying a record month for Gold Eagles, and London’s wholesale …

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Financial Advisor | Financial Forecast 2010 | FOREX | GOLD …

Filed in Bank Gold, Gold, Gold Eagle, silver by on May 15, 2010 0 Comments

Silver Stock Report : Confiscation … The honest gold bullion market is about a $2 billion market in the USA, with margins of about 1%, on average. I estimate that, because gold eagle sales are about 1 million oz/year (record production), and assuming that those represent half of gold purchased in the USA (given my experience as a dealer.) Thus, honest gold dealers have a gold profit of about $20 million, total, among all gold dealers in the USA, and out of that, …

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