Friday, January 28, 2011

How Would You Invest $100,000?

How would you invest a $100,000 windfall? Well, if you're like the Chief Investment Officer of Sprott Asset Management you'd do the following:

"I would probably put 80% in precious metals, 10% in energy, and another 10% in agriculture, as well as special situations stocks. In the precious metals area, I would put at least 60% into something oriented toward silver. I think silver will appreciate on a percentage basis way more than gold over the next decade and trade back down to a gold-to-silver ratio of 16:1, where it has historically been. It’s something like 48:1 now. In the energy sector, I’d own some oil and gas and uranium stocks, while in agriculture, it would be potash and phosphate."

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.

Rick

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Buy Gold Online Today at APMEX.com

Saturday, January 22, 2011

National Collector's Mint Fake 1877 Gold Piece!

The National Collector's Mint is hawking yet another worthless faux "collectible". This trinket is based on an extremely rare and valuable 1877 $50 gold piece weighing 2.5 ounces. Of course, the NC Mint's version is a base metal slug "lavishly covered" with 23 mg. of 24kt gold. If you do a little math you'll find 23 milligrams of gold is only worth $1.00 US dollar at present prices. I don't know about you, but I have a hard time calling $1.00 worth of gold "lavish"!

This cheap knockoff will set you back $19.95 + $6.00 for shipping. The words scam and ripoff just come to mind naturally when you consider the poor sheep they must be selling these cheap tokens to. Please, whatever you do, save your money and invest in real numismatic coins or genuine Silver American Eagles, the most popular silver bullion coin in the world!


Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.

Rick

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Buy Gold Online Today at APMEX.com

Wednesday, January 19, 2011

Is Gold In a Bubble?

















Every time the price of gold goes down a few dollars all the empty talking heads start saying the gold "bubble" is about to burst. Let's get a quick reality check, please!


The fundamentals have not changed. They remain the same. If anything, getting worse with each passing day.

The amount of debt is worse and still growing - at ALL levels.
Inflation and value deflation continues to worsen.
Currency devaluation is ongoing and slowly worsening.
Underemployment remains unacceptably high.
Residential foreclosures have not even peaked yet!
Commercial real estate failures have yet to peak.
Financial malfeasance and accounting fraud abound.
The amount of political and moral ineptitude is astounding.
Monetary and fiscal policy will not change in the short term.

Gold in a bubble? I don't think so!


Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.

Rick

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Buy Gold Online Today at APMEX.com

Tuesday, January 18, 2011

Gold Silver Traveling Show Scams!



STAY AWAY FROM TRAVELING GOLD/SILVER SHOWS FOR THE LOVE OF GOD!!!


As gold and silver pricing began to rise to more representative market values every slime ball, and greedy moneylender has either set themselves up a store in a half empty strip mall, started a gold mailing service, or geared up a traveling precious metals show.

The shows tend to book second rate hotel meeting rooms and proceed to hang around for a few days waiting to shear desperate sheep. They usually advertise heavily by local newspaper and some late night commercials.

Bottom Line:

  • The buyers manning the traveling show booths are under-trained and rely heavily on pre-printed charts and the internet. On average they'll offer you about 10-25% of the actual worth of your gold or silver bullion item whether it be a gold watch, jewelry or coins. God forbid you bring an especially rare or valuable coin for sale because you'll probably do worse than the 25% the precious metals bullion sellers will be netting.
  • There have also been numerous tales of checks bouncing once the traveling show is gone onto the next sheep shearing party.
If you want to sell your gold or silver take your pieces to at least three local merchants, coin dealers, jewelers, etc., who have high BBB ratings and have roots in the community. When you trust fly-by-night showmen, you unfortunately get the nasty end of the stick. Internet savvy folks can always try eBay, of course, to sell their item for the going market rate.

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.

Rick

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Buy Gold Online Today at APMEX.com

How I Survived Hyperinflation!


Earlier this evening, I received an email from a man who lived through the great Yugoslavian inflation (1993-1994).

Given the debt situation here in the U.S., hyper-inflation can certainly not be ruled out as a possibility. His comments on how he survived the hyper-inflation, and what it was like might become valuable to US citizens like you and me.

He said, of course, that once he got paid, he spent the money immediately, as in a week the value of the currency would be half. “It was a lot of paper,” he said.

He said you quickly learned to buy things with credit cards. If you bought some furniture, you put it on the credit card and by the time it came time to pay the credit card bill, what it cost you for the furniture was now what it cost to buy a pack of cigarettes, because of the quick devaluation of the currency. Since wages climb up roughly as fast as other prices, to pay off the credit debt becomes a minor cost.

He said you learn to drag out and not pay your utility bills, like the telephone and electric bills, until the last minute as the currency would have depreciated so fast that the bills become inconsequential expenses.

He said everyone lived poorly except for those who had foreign currency or gold. He said if you had access to even only ten German marks per month or gold and silver coins you could live like a king because everyone valued anything that offered price stability.

The man lives in the U.S. now and he says he never wants to live through that again. He says he now divides his savings into three parts. He puts a third into the dollar, a third into the euro and a third into gold and silver.

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies:

Rick

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GoldSilver.com - Buy Gold & Silver

Buying Silver for Dummies!

Whether you decide to buy silver for investment purposes, hyperinflation, or economic collapses your choices can be numerous and confusing. My goal for this article is to give a beginner the 10 basic facts they need to know to make the best silver purchase without getting scammed by the many sleaze merchants out there today.

1. Buy from reliable sources. APMEX.com APMEX Gold and Silver and Silver American Eagles has been in business for decades and is widely respected. Gainesville Coins or eBay are good as well. When buying on eBay make sure the seller has excellent reviews and use PayPal to secure your purchase.

2. Start buying "junk silver". Junk silver is any US dime, quarter, or half dollar dated 1964 or earlier. These coins were once circulating currency and contain 90% silver. $1.40 face value of junk silver equals one troy ounce silver (approx). Check out Coinflation.com for updated coin pricing based on silver content.

3. Avoid Goldline International like the plague. They have an "F" rating with the BBB and use high pressure sales and scare tactics to rip off the newbies.

4. Buy American Silver Eagles after you've built up a junk silver reserve. They are the single most respected and popular one pure ounce silver coin in the world and is a real US dollar.

5. Avoid silver rounds and bars which are made by private companies. Bars have to be assayed when sold (adding to costs) and rounds are unknown to most Americans.

6. Buy US coins only! Stay away from European and even Canadian coins.

7. Buy Gold only after you're satisfied with your silver stockpile or unless you feel you'll need to flee the country. Gold is easy to smuggle through customs when emigrating, but is impractical for day to day trading.

8. Keep your coins where you can get to them quickly. Safe deposit boxes are vulnerable to fire, theft (government and otherwise) and banks can be ordered closed during economic chaos. Don't pay your coin seller to hold your coins for you. Scams in this area are rampant.

9. Store your silver in non-polyurethane containers away from moisture which can cause tarnishing and/or corrosion.

10.Remember silver and gold have been valued by human society for 5000 years! Let's see how long the US Dollar lasts!
Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies (below):

Rick

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GoldSilver.com - Buy Gold & Silver

Sunday, January 16, 2011

You're Never to Old to Prepare for Hyperinflation!

At a recent friendly dinner a senior citizen friend of my wife asked whether she was too old to be concerned about the teetering economy and approaching hyperinflation. After all, her tried and true conservative investments had gotten her this far, so why not count on them to take her a little further?

Well, first I told her the heart-breaking story of Lott Hendlich a German war window from WWI who lived through the 1922-1923 hyperinflationary chaos (which you can review by reading Hyperinflation and Broke Billionaires) an article I wrote back in December 2010.

My reply was that economic paradigm were changing so fast that strategies that may have worked for decades here in the US were in danger of becoming useless as economic models. The German woman Lott, had in the 1920's thought she'd has enough to maintain an upper class existence for the remainder of her life, only to eventually discover to he horror that her life savings could barely buy a postage stamp a few hyperinflationary years later.

I can't tell anyone for sure when and how economic change and chaos will descend, I'm not a psychic. What I can tell you and what I assured our dinner guest was that doing nothing and hoping everything turns out for the best is not a solid investment strategy. The American government and our Federal Reserve Banks are making the very same mistakes that the Germans made in the early twenties. If things continue as they are progressing our unbacked fiat paper money will eventually revert back to its native worth...zero!

What did I advise her to do? The same thing I'd told my readers to do. Get you hands on as much physical gold and silver coins as you can afford. Remember, buy for maximum bullion content, junk silver pre-1965 US dimes, quarters, halves, bullion versions of American Silver Eagles or Gold Eagles. DO NOT get conned into buying super rare or super high quality burnished or first strike coins. You just get less precious metals for your money and the dealer gets higher profits.

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles

PS. I have a article I've written on using IRA money to buy silver and gold hyperinflationary edges as well.

Rick

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Buy Gold Online Today at APMEX.com








Thursday, January 6, 2011

National Collector's Mint SCAM WTC Coin!


Well it seems that the carrion bottom feeders at the National Collector's Mint are plumbing new depths in an effort to make money off an American tragedy. Numerous commercials running on TV are hawking a new bronze coin clad in a "whole" 14 mg of both silver and gold allegedly recovered from the site of the 9/11 New York World Trade Center. Yes, for only $29.95 + 6.00 shipping you can own this virtually worthless (gold content of the slug is worth $0.60 cents and the silver a few pennies), tasteless, and gaudy abomination!

The commercial goes on to say that a percent of the proceeds will be offered to the World Trade Center Memorial Foundation. What they don't mention of course during the TV spot, is that the WTC Foundation flatly refused to receive any funds or indeed to have any connection with the NC Mint. In fact, the directors of the Foundation consider the whole sordid business nothing but an exercise in profit taken from blood money.

I advise every American to flush their $36 down the toilet before even considering giving one red cent to these filthy vultures at the NC Mint seeking to make a buck off the honored dead of this great country. At least your hard earned money has an infinitely greater chance to find more noble recipients swimming about in your local sewer, than in the clutches of the NCM grave robbers!

PS. A "gentleman" named Avram C. Freeberg owns the the National Collector's Mint. He has quite the colorful background. Apparently, he was forced to pay a fine of $600,000 in 1988 for peddling smut in order to avoid jail time. He sounds like a real model citizen, doesn't he? I tell you what, if you're driving on a lonely country road one night and Avram pops up in you headlights - just do what you have to do. I have a feeling that if I'm walking nearby I'll most definitely be looking the other way (wink, wink)!

I think the above is what they call cleaning up Mother Earth. Now that's environmentalism everyone can agree on!

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies (below):

Rick

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GoldSilver.com - Buy Gold & Silver








Monday, January 3, 2011

SHTF Survival First Aid

Many accomplished survivalists are well prepared to defend themselves and their families with a variety of firearms and a cornucopia of ammunition. They also tend to have food, water, generators, and silver and gold for trading. However, one major area of survival is often neglected - Health/Medical/Dental/First Aid. This sector may often be ignored, but it's at least as important as self-defense and food.

I'd like to offer the following suggestions for your medical preparations:

  • Adventure Medical Kit - a good first aid kit is crucial. Unfortunately, many of the kits on the market today are composed of substandard materials with gaping holes in important first aid categories. My favorite manufacturer is Adventure Medical for quality contents at an affordable price. They also include a rugged, water-proof pack that's easy to transport.
  • Medical Info: The Adventure kit includes easy-to-use water-resistant First Aid instruction cards and A Comprehensive Guide to Wilderness & Travel Medicine. I recommend you purchase the SAS Survival Guide pocket guide. It's a complete survival guide with a good health section that's water-proof and fits in any pocket.
  • Add ons: Den-Tek Tootache Kit and CELOX First Aid Temporary Traumatic Wound Treatment. A toothache when no dentist is available can be extremely debilitating. The Den-Tek kit allows anyone to quickly supply a pain-killing temporary filling. The Celox wound treatment causes quick clotting of bleeding wounds to prevent excessive bloodloss.
  • Painkiller & Antibiotics - Over-the-counter painkillers like ibuprophen and Tylenol are must haves for any survival kit. Antibiotics can save a life in the case of a bacterial infection. If you have an understanding doctor you can get your prescriptions from him. If not, get some fish! The antibiotics in pet stores for fish are the same meds that are manufactured for human use. Buy The Pill Book to read more about what diseases each medication treats and recommended dosage regimes. Note: Never self-prescribe medication while there are doctors available to consult. Obey all State and Federal laws.
  • Red Cross First Aid Course - Take a first aid class from the Red Cross. A little knowledge will go a long way in saving lives when the SHTF!
Rick
Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies (below):

CLICK ADS BELOW FOR FREE DISCOUNT!
GoldSilver.com - Buy Gold & Silver