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Monthly Archives: June 2012

The Five Myths about the Gold Standard

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World Navigating Troubled Waters: Gold and Silver Will Move Higher As Safe Haven

We have climbed the wall of worry for over twenty years as wealth in the ground becomes increasingly desirable in a world that is threatened with the ghosts of depressions past. We observe the doubters who regale us with such headlines as “The Fed’s Big Move Is No Solution” or a noted economist writes that [...]

Dallas Gold & Silver Exchange Opens Seventh DFW Location In Allen, Texas

DGSE Companies, Inc. (NYSE MKT: DGSE) today announced it has opened a seventh Dallas-Fort Worth Metroplex retail location in the Collin County suburb of Allen, Texas. The Allen location follows last week’s grand opening in Southlake, Texas. Like the Southlake and all other Dallas Gold Silver Exchange locations, the Allen store will feature full-service bullion [...]

The CRB Just Formed a Final Three Year Cycle Low

I think it’s clear by the action in the dollar index this morning and the response by risk assets in general, that the bottom I have been looking for is here.     Today will be the first day in a commodity rally that should last roughly 2 years topping in mid-to-late 2014 when the [...]

Cooking the Books, Not the Big Macs, in Argentina and Greece

So does Argentina a decade ago set a template for today’s crisis in Greece…?   Back in 2001, Argentina was hit by a crisis similar to Greece’s today.   Imposing a strict currency peg of 1 Peso to 1 US Dollar meant the currency was over-valued. Or the state should have reined in its spending. [...]

Gold, silver, cash seized in Blount County scrap metal investigation – WBIR

<!– –> Tweet – A A A + <!– –> Blount County Sheriff’s detectives seized thousands of dollars worth silver, gold and cash from a Blount County business and the owner’s home as part of a scrap metal investigation. On Friday, detectives executed a search warrant at Professional Gold Silver Buyers, located in the Antique [...]

Silver’s split personality

“The slide in silver prices mirrors the stubbornly sluggish global economy, and the strength of the U.S. dollar,” said Keith Newcomb, portfolio manager at Full Life Financial LLC. “Both have led investors to be more willing to sell silver than buy it.” And analysts are divided on whether the metal is fairly priced or undervalued [...]

Garnering Golden Nuggets from Crisis Investing

“A continuation of bailouts in Europe could ultimately spark another world war, says international investor Jim Rogers….   “‘Add debt, the situation gets worse, and eventually it just collapses. Then everybody is looking for scapegoats. Politicians blame foreigners, and we’re in World War II or World War whatever.’   “The Rogers solution: ‘Let the people [...]