Asset and Wealth Protection
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.
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.
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. […]
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.
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 […]
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?
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.
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.
If the shaky state of the current central banking systems throughout the world wasn’t already obvious, the fact that virtual currencies are worrying central bankers is further highlighting the weakness of most modern financial systems.
I called National Bullion and Currency Depository on Jan 11th to order some of the $5 gold eagles. Jason White took my order. He informed me that they were sold out but I could get the $10 gold eagle for the same price per oz which was $840 for each of the $10 coins. I then put an order in for 6 of the 1/2 oz coins for a total of $5040 + $20.00 S & H. I received my order today, but they must have gotten something screwed up.
What I received was:
||2004 $10 gold eagle proof 70
||2006 $25 gold eagle MS 70
||$25 gold eagle – bullion
|Shipping and handling
I don’t buy numismatic coins but even if I did, their prices are outrageous. I could buy a 2006 1/2 oz Gold American Eagle MS-70 PCGS (First Strike) from APEMX for $999.90. I will call Jason tomorrow to cancel the order. I expect them to arrange to have Fed Ex, UPS or USPS pick this order up from my house and give me full credit of the $4981.00. I would be willing to keep the two, 1/2 oz bullion coins for $840 each and pay the $20.00 S&H. Or what would you suggest? I definitely don’t want the numismatic coins.