On October 3rd, the US Mint sold a whopping 737,000 Silver Eagle 1 oz coins in a single day!
To put this number in perspective, in Dec of 2010 with silver in the mid $20′s, the US Mint sold a total of 1,772,000 Silver Eagles FOR THE ENTIRE MONTH OF DECEMBER! on 10/3, with...
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Watch this video interview with Doug Casey (Casey Research). This guy really has a handle on what is going on and understands the urgency in which we must make changes. I love his statement “The depression is happening, it is going to happen, but the best thing you can do is to as quickly...
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Around the world, starting Monday, all eyes are on the markets. The tension is palpable. The uncertainty is ample. And anger is heavy in the air. As predicted, the debt ceiling deal was not only NOT enough to assuage economic fears, it actually exacerbated...
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Most people do not even use cash these days. Credit Cards, Debit Cards, and Checks seem to be the currency of the day. But what if those options are not available?
Recently, my wife’s debit card got damaged so it would not swipe anymore. To use the card she needed to have the merchant manually...
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The rest of the world is watching the U.S. government run up record-setting budget deficits and they are watching the Federal Reserve print money like there is no tomorrow and they realize that the U.S. financial system is slowly imploding.
If the rest of the world does not want our debt someday, then how in...
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Fernando "FerFAL" Aguirre writes about hyper inflation and his experience in Argentina..............
“How can I prepare for an economic collapse?” is one of the most common questions I get. It usually takes me a second to start to explain how complex such a question is. It’s like asking an auto mechanic, “Say, how do you...
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After former Federal Reserve Chairman Paul Volcker was appointed in 1979, the consumer price index surged into the double digits, causing the now revered Fed Chief to double the benchmark interest rate in order to break the back of inflation. Using the methodology in place at that time puts the...
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For those that are paying attention to what is going on in the world, this article will make you say “Duh”. For those that are not paying attention, this is a wake up call.
This article was prompted by “empty shelves” as I was trying to purchase some additional prep items. Those...
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Cotton prices are up 155% this past year. China’s import of cotton up 31% in January alone. Is this a bubble or a trend? From what we are seeing in every other commodity sector, this looks like a trend, and a sharp one. People are estimating clothing costs to go up by at least...
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Silver promises to become the next big buzzword among investors in 2011 and beyond, according to one of the investment industry’s most prescient and successful experts on precious metals.
“I think that silver could easily get to $50 this year,” he tells BNWnews.ca.
Read full article at – SilverSeek.com.
Editors Note: There are...
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