Gold is the Final Refuge Against Universal Currency Debasement

Lynn On September 27, 2010 / General Market, Gold

By: Ambrose Evans-Pritchard States accounting for two-thirds of the global economy are either holding down their exchange rates by direct intervention or steering currencies lower in an attempt to shift problems on to somebody else, each with their own plausible justification. Nothing like this has been

Tax Consequences of Selling Gold, Silver and ETF’s

Lynn On September 22, 2010 / General Market, Gold, Silver

By: Jeff Clark There’s lots of conflicting and inaccurate tax information surrounding this subject. So, what’s the real skinny on the current tax rules for selling precious metals & ETF’s in the U.S. The IRS considers gold a “collectible” and will tax your realized capital gains at

83 Analysts Believe Gold Will Go Parabolic To Between $2,500 and $15,000!

Lynn On September 20, 2010 / General Market, Gold

www.munKNEE.com; By: Lorimer Wilson – September 19, 2010 Believe it or not but I have identified 83 economists, academics, gold analysts and market commentators who have developed sound rationale as to why gold could quite possibly go to a parabolic top of at least $2,500 an ounce

$20 Silver in the Rearview Mirror

Lynn On September 16, 2010 / General Market, Silver

By: John Fisher On September 1st, 2009, I posted an article entitled “$1,000 Gold in the Rearview Mirror.” Now it’s time for silver. Silver has closed three consecutive days over $20 per ounce. Three consecutive closes are viewed as a definitive piercing of a major support/resistance level.

The Gig is Up! Is JP Morgan’s Silver Manipulation Over?

Lynn On September 15, 2010 / General Market, Gold

September 9, 2010 By: The National Inflation Association The big news in the financial mainstream media during the past week has been JP Morgan’s announcement that they will be closing their proprietary trading desks. JP Morgan is in the process of winding down their proprietary trading operations

Gold Bubble – Fact or Fiction?

Lynn On September 13, 2010 / General Market, Gold

Every day I find myself in conversations debating whether gold’s price is too high. There are a myriad of avenues by which one might address this question. Here is another perspective, courtesy of PlanBeconomics.com: So, using the Nasdaq as a guide, we see again that gold is

Silver Continues to Knock Its Head on $20

Lynn On September 10, 2010 / General Market, Silver

As I’m sure you have noticed, silver has been “hitting” it’s head on $20 for the last couple of days. This is reminiscent of when gold kept bonking its noggin’ on $1,000. Look at the following chart, and note the price points as noted by the red

FIAT – Fix It Again Today

Lynn On August 11, 2010 / General Market, Gold, Silver

Gold’s most important use is as insurance against the paper (fiat) currency of the country you live in, in our case the United States. Fiat in Latin means “by arbitrary order or decree” (Source: The American Heritage Dictionary, 1983). Thus, our currency exists by decree only –

Homeowners, Auto & Gold Insurance

Lynn On August 9, 2010 / General Market, Gold, Silver

By: John Fisher Do you own a home? Do you have homeowners insurance? People would consider you foolish if you didn’t. You hope you will never need to use your homeowners insurance for a burglary, hurricane, fire or other loss. But, if you do need to use

What it Means to Own Gold

Lynn On August 4, 2010 / General Market, Gold

By Jeremy Adams – August 5, 2010 During the past month the price of gold has been on quite a roller-coaster, at one point dropping some 50 points in only a couple of days. Media outlets, financial bloggers, and market bulls alike began screaming from the rooftops

Precious Metals Blog