Are Coins Better Than Bars?

Dear Bob,

You refer to gold and silver coins in your letter (The Bob Livingston Letter, subscription required). What about those of us that have invested in 100 oz. silver bars? How do I fare when the boom is lowered?

Martin C.

Gold!

(I began publishing my monthly newsletter The Bob Livingston Letter™ in 1969. The following is an excerpt from the May 2001 issue in which I advised readers to get out of the crashing Nasdaq market and put money in gold. The Nasdaq suffered three crashes over the next nine years, while gold has gained an incredible 434 percent. The Nasdaq is up only 52 percent from its May 2001 mark and is still down more than 34 percent from the dot-com bubble high.)

Gold and gold stocks are beginning to move up again. Gold has had so many false starts that nobody has any confidence in a gold bull market starting again. Gold has had a 21-year bear market after a 1980 blow off.

Cashless As Of Tomorrow?

Dear Bob,

I read via “Human Events” e-letter yesterday that on 4/30/13 the Fed will proclaim that the US is now a CASHLESS SOCIETY. Can you comment on the truth of this and what the affects will be on Cash on Hand, people’s investment choices, etc.? Thank you.

Linda S.

Manipulators Collapse Gold, Silver Prices, Create Opportunity

If you own gold and silver, don’t panic over the recent price pullback. The “experts” now telling you to dump your gold and silver are the same “experts” who said things were rosy just before the fall 2008 crash. If you’re smart, you’ll do just the opposite of what those “experts” tell you to do.

Gold Having An Ugly Few Days

Amid concern that the economically battered island nation of Cyprus will sell off excess reserves in order to finance a $13 billion international bailout, gold entered a bear market Monday for the first time in more than a decade. Hitting its lowest level since March 2011, gold plummeted 9 percent Monday below $1,400 per ounce. […]

The Dotcom Bubble

I began publishing my monthly newsletter The Bob Livingston Letter™ in 1969. Today’s Bob Called It is an excerpt from the April 2000 issue, in which I warned of the collapse of the dotcom bubble and advised readers to get out of tech stocks to avoid major financial losses.

Another Country Jumps Ship On U.S. Dollar For Chinese Bilateral Trade

China and Australia have entered into an agreement that will allow for the direct converting of the Australian dollar to the Chinese Yuan, in the process cutting the U.S. Dollar’s present status as a reserve currency out of the conversion process. The move makes Australia, already a major consumer of Chinese goods, the first non-BRICS […]

Could It Happen Here?

Dear Bob,

I’m reading with alarm about the EU’s actions in Cyprus. Can you foresee a time when the government tries to take our savings or close the banks?

M.G.

Elites Step Up Their Plunder

When is a guarantee no guarantee? When you are doing business with liars and thieves — i.e., the government and banksters. Cypriots learned this the hard way over the weekend when the EU elites froze their bank accounts and announced plans to plunder savers’ accounts by up to 13 percent.

Wealthiest Americans Pay More Tax Than Ever; Would Pay More Under Obama’s Path Out Of Sequestration

A new analysis reveals average taxes for wealthy families are higher now than at any time since the Congressional Budget Office began crunching the numbers in 1979. Families from middle and low-income brackets are paying less in Federal taxes than in the past.