A new ATM at an upscale mall in Florida dispenses shiny 24-carat gold bars and coins. Thomas Geissler, inventor of the Gold To Go machines, says the majority of buyers will be walk-ups enamored by the novelty. But he says they're also convenient for more serious investors looking to bypass the hassle of buying gold at pawn shops and over the Internet.
Amazing how silver is holding at just about $29 as of today 12/18/10. Buy silver, gold, palladium, seeds, a years worth of storable food, and some water filters. Gold has no ceiling at this point. Watch Money Masters too - The vital financial info they don't tell you about in the 12 years you are learning how to be a slave. 3 Trillion spent in the last year with trillions more in 2011. Time is running out to learn. Seeds are useless in the winter but Silver/Gold will buy food when needed.
We're in a debt/inflation bubble. 3 Trillion in one year. Wait till the states need bailout money. QE3 / QE4... Unfunded obligations etc... If I saw one of these in the various Walmarts around where I live then I'd rethink my holdings. This is just the beginning. There is no ceiling right now just profit taking. I would buy on this latest dip if I had some extra cash. Silver is the key indicator here... There is hardly any weakness... I was hoping it would fall a bit more.
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Thursday, December 23, 2010
Money and Markets - Precious Metals,
Money and Markets TV examines precious metals. Gold continues to set new records. Silver is at its highest level in 30 years. And palladium has outperformed them both this year. Will the bull run continue? And how can investors take advantage of it?
Labels:
Money and Markets,
Precious Metals
10 great reasons to own gold and silver.
Here are ten great reasons to own gold and silver in the current economic climate.
I loosely created my video around this recent article by Eric Sprott
http://www.sprott.com/docs/Reports/re...
1. GOLD IS RETURNING TO ITS TRUE HISTORIC ROLE AS MONEY
2. THE INEVITABILITY OF A COLLAPSE IN THE U.S. DOLLAR
3. OTHER SIGNIFICANT WORLD CURRENCIES OFFER NO REFUGE
4. THE DESTRUCTION OF GOVERNMENT BALANCE SHEETS AND THE WIDESPREAD IMPLEMENTATION OF ZERO INTEREST RATE POLICies MAY ULTIMATELY RESULT IN HYPERINFLATION
5. THE TRUE IMPACT OF THE MALIGN SIDE OF DERIVATIVES HAS YET TO EXPRESS ITSELF
6. INVESTMENT DEMAND FOR GOLD IS RAPIDLY ACCELERATING BUT WE’RE ONLY IN THE EARLY STAGES OF THIS PHENOMENON
7. GROWING RECOGNITION THAT MANY PAPER GOLD PRODUCTS DO NOT HAVE THE GOLD BACKING
THAT THEY PURPORT TO HAVE
8. MINE SUPPLY IS NOT ANTICIPATED TO RISE FOR SEVERAL YEARS, IF AT ALL
9. CENTRAL BANKS ARE NEARING AN INFLECTION POINT WHERE THEY WILL NO LONGER BE IN A POSITION TO SUPPLY THE GOLD NECESSARY TO KEEP THE MARKET IN EQUILIBRIUM
I loosely created my video around this recent article by Eric Sprott
http://www.sprott.com/docs/Reports/re...
1. GOLD IS RETURNING TO ITS TRUE HISTORIC ROLE AS MONEY
2. THE INEVITABILITY OF A COLLAPSE IN THE U.S. DOLLAR
3. OTHER SIGNIFICANT WORLD CURRENCIES OFFER NO REFUGE
4. THE DESTRUCTION OF GOVERNMENT BALANCE SHEETS AND THE WIDESPREAD IMPLEMENTATION OF ZERO INTEREST RATE POLICies MAY ULTIMATELY RESULT IN HYPERINFLATION
5. THE TRUE IMPACT OF THE MALIGN SIDE OF DERIVATIVES HAS YET TO EXPRESS ITSELF
6. INVESTMENT DEMAND FOR GOLD IS RAPIDLY ACCELERATING BUT WE’RE ONLY IN THE EARLY STAGES OF THIS PHENOMENON
7. GROWING RECOGNITION THAT MANY PAPER GOLD PRODUCTS DO NOT HAVE THE GOLD BACKING
THAT THEY PURPORT TO HAVE
8. MINE SUPPLY IS NOT ANTICIPATED TO RISE FOR SEVERAL YEARS, IF AT ALL
9. CENTRAL BANKS ARE NEARING AN INFLECTION POINT WHERE THEY WILL NO LONGER BE IN A POSITION TO SUPPLY THE GOLD NECESSARY TO KEEP THE MARKET IN EQUILIBRIUM
Labels:
Eric Sprott
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