Gold Near Bargain Basement Levels -- By James M. Carrillo, 5.15.13--On March 1st I suggested that gold had broken its all too sharp long term angle of ascent and would pull back to its more sustainable long term trend line on a technical basis. Today I believe gold is now nearing bargain basement levels that offer an immense opportunity.
Alternative Investments & Numismatic Featured Commentary
Geopolitical, Economic and Precious Metals Market Commentary
Gold Still the Buy of a Generation! -- By Craig R. Smith - 4.18.13--Although we live in an era of instant information and communication; true wisdom, perspective and insight have never been more scarce. Recent gold news headlines again declaring gold is "dead" ranged from absurd to laughable to downright foolish.
Is the Gold Bull over? -- By James M. Carrillo- 4.16.13-- In my most recent article (March 1, 2013), I wrote "The Ultimate Precious Metals test is here. You believe or be prepared to panic."
The Wisdom Of Buying Gold Now! -- 4.15.13-- Gold prices, which have been at the mercy of technical selling since 2012, are today witnessing a flood of "paper" market sell orders as short-term speculators take profits. Swiss America CEO Dean Heskin reminds gold owners that the physical gold market is still alive and well...
2013 What's in your portfolio? -- By: James M. Carrillo-- 1.29.13--Stocks have rebounded back to pre-crash territory, the question beckons, now what? As the Capital One commercials ask, what's in your wallet? Or in this case, portfolio.
2013: Doomed To Repeat History? -- Investors should never forget the lessons of the 2008 financial meltdown. But have they already? Who can forget the anguish of watching the U.S. Fed and Treasury stretching the limits of fiat money creation (and laws of economic gravity) by throwing $1 trillion dollars at the 2008 banking crisis and the failure of Lehman Brothers, a Wall Street giant?
2013 Budget 'Deal': If Pigs Could Fly -- 1. FISCAL CLIFF 'DEAL' IS NOT A FIX - This agreement has no cuts, no growth, no jobs and $330B in new spending. 77.1% of Americans will be burdened with a tax increase as the Bush-era two-year moratorium on payroll taxes expired, causing Social Security taxes to effectively rise 2% across the board. For the average family earning $50k per year that equates to at least a $1,000 increase in taxes, in direct violation of Obama's repeated promise to only tax those earning over $250k/year.
Gold: 2013 'Fiscal Cliff' Safety Net -- by Craig R. Smith-11.12.12- The future of gold will be bright - whether we are pushed off the 2013 fiscal cliff or not. If we tumble off the 2013 fiscal cliff; taxes will go up, spending will be slashed and we will cut the 2013 deficit by $600 billion.
The Time For Silver Has Arrived! -- James M. Carrillo- 10.10.12--Silver has broken out of a major 17 month consolidation to the upside. Anyone who knows me, knows I very rarely talk about or recommend silver, I am not normally a silver buyer because of its volatility. However, in the past 10 years I have noted two major breakouts that have led to massive profits.
Why All Roads Now Lead To Inflation -- By Craig R. Smith-10.1.12--Like the citizens of Wiemar, Germany nine decades ago, most Americans today simply fail to notice the connection (and consequences) of creating vast quantities of money which always leads to debasement.
Fed's Race to Debase the Dollar -- by Craig R. Smith-9.17.20--Last week, three days before the Federal Reserve pulled the trigger on their new "open checkbook" money creation policy, Fox News anchor Neil Cavuto asked me this question: "Who benefits from another round of stimulus by the Fed?"
Gold Just Became Money Again -- By Doug Hornig--August 17, 2012- On June 18, the Federal Reserve and FDIC circulated a letter to banks that proposes to harmonize US regulatory capital rules with Basel III. BASEL III is an accord that tells a bank how much capital it must hold to safeguard its solvency and overall economic stability.
The Time is NOW! -- By James M. Carrillo- June 29, 2012--The Gold bull market has been sleeping for ten months now. It was in ridiculously overbought territory when it hit $1,900.00 an ounce, nearly every media outlet was saying it will break $2,000.00, even the long term gold bears were convinced...
Bernanke Fails to Inspire Investors -- Craig R. Smith--6.20.12--Wall Street yawned at the latest Fed policy statement because it was just more of the same failed policies of the past. Interest rates will remain at 0 - 0.25% until late 2014, Operation "Twist" (scheduled to end in June) will continue until year end - to the tune of another $267 billion piled onto the Fed balance sheet.
BREAD LINE OR BUFFET LINE? -- Craig R. Smith, 5.21.12--Which is the wise currency to be holding today to maintain your standard of living in the future? Confidence is key in maintaining the store of value of every paper currency on earth. Gold is the only form of currency that doesn't require confidence because it is universally accepted as a reliable store of value and a global monetary unit.
From the desk of Craig R Smith -- By Craig Smith, 5.11.12-- On many recent radio interviews I have shared my opinion that the banks in America are in worse shape today than they were in 2008. I've pointed out that nothing changed after the painful lessons of just how much damage speculative trading, in an attempt to boost profits, can do to destroy bank capital.
Obama's Grand Economic Illusion -- By Lowell Ponte, 4.30.12--Behind the predictable thrust and parry of presidential candidates, President Barack Obama's operatives are quietly conjuring a grand illusion to help him win re-election this November.
The Time is Near! -- By James M. Carrillo, 4.18.12--The Gold bull market has been sleeping for nearly eight months now. It was in ridiculously overbought territory when it hit $1,900.00 an ounce, nearly every media outlet was saying it will break $2,000.00, even the long term gold bears were convinced.
GOLD vs. VOODOO ECONOMICS -- By Craig R. Smith, 3.21.12--While watching the testimony of U.S. Treasury Secretary Geithner and Fed Chairman Bernanke, I was struck by several answers provided by the witnesses. One answer stood out amongst them all.
A Modern Greek Tragedy -- By Craig R Smith, 3.12.12--For the first time in 60 years a nation will announce the complete "restructuring" of its debt. By any other name this is a DEFAULT on obligations, as reflected in last week's Fitch Rating downgrade for Greek debt from "C" rating to "RD" or "Restricted Default".
BREAKOUT?! -- By James M. Carrillo, 3.1.12--Yesterday's sharp selloff in Precious Metals was month end profit taking and fueled by Bernanke's statements that more QE is on hold. His statement fueled the selloff in paper markets, however demand for physical Precious Metals has remained strong.
Greek Crisis Illustrates Value of A Personal Gold Standard -- By Craig R. Smith- 2.16.12-- We are often asked this question: "What good will gold do in a meltdown of the system or a failure of our currency?" One only need look across the Atlantic for the answer.
Collectible Gold Coins Offer "A Rare Opportunity" -- By Dr. Fred Goldstein, 2.15.12--Sovereign debt problems in the United States and Europe seem destined to worsen this year. The mainstream financial media may never report about the likely inflationary consequences of bailouts and "quantitative easing," nor are they likely ever to recommend tangible assets for financial protection.
Buying Gold in Uncertain Times -- By Bill Bonner, 2.8.12-- Dow down slightly. Oil falling further below $100. And gold still going up. What is most interesting is the movement in the price of gold. It seems to be heading up again - almost no matter what else is happening.
Fed Speaks, Gold Interprets: Central Bank Declares War on U.S. Dollar Holders -- By Craig R. Smith, 1.25.12- The Federal Reserve decided today to hold interest rates at 0.25% until late 2014. This is, in essence, another form of quantitative easing. Call it QE 2.5.
EU Blues, China News and What U.S. Investors Must Do! -- By Craig R. Smith, 1.17.12- In my opinion the current financial conditions worldwide are actually worse than they were in the United States in 2008. Therefore, we may soon see the second shoe drop on a new international financial crisis.
Gingrich, Paul, and Santorum Favor Return to Gold Standard -- By Lowell Ponte, 1.6.12-- Three of the top four winners in Iowa's Republican caucuses Tuesday night have given at least some support to the idea of returning the United States to a gold standard, a policy considered by President Ronald Reagan.
2012: Coin of the Realm -- By Craig R. Smith, 12.28.11--Times always change and so does money. It is important for every investor to look at the past, present and future of the economy when making the decisions that will affect generations to come.
See anti-Obama ads spiked by major networks – even Fox! -- By Jerome R. Corsi, 11.30.11-- Two television spots developed by a national investment firm specializing in U.S. gold and silver coins have been rejected by major television networks, including the Fox News Channel and the Fox Business Network, for apparently political reasons.
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