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.
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.
What gold coins should I buy to make sure I’m not getting ripped off?
Lawmakers have been itching to implement far-reaching government Internet controls in the United States for a long time. Now, the Nation’s financial services industry is giving them the boogeyman they need: warnings of a potential threat that Russian “cyber-gangsters” are preparing to rob American banks.
Most conservatives believe that the re-election of President Barack Obama is going to bring dire economic circumstances over the next four years, which could possibly drive the Nation into total collapse. The belief is likely not far-fetched.
Gold prices spiked late Tuesday and early Wednesday morning following the re-election of President Barack Obama as many economists say that Federal Reserve policy will likely continue on a possible course to inflation.
What will have to happen to make the price of gold and silver skyrocket? You had stated in the (October issue of The Bob Livingston Letter™) newsletter it was being repressed right now. Also when do you feel this will take place?
There’s a saying: When you lose the Internet, it’s like 1979; when you lose power, it’s like 1879. Technology has made steady, reliable power a necessity not only for individuals but for industry and governments as well.
A few months ago there was a report that a Japanese town recovering from last year’s tsunami-inflicted Fukushima nuclear disaster is teaming up with Toshiba Corp. to build several solar electricity plants which, combined would be Japan’s largest solar facility. But the lesson here isn’t really about how Japan has seen the light (pardon the pun) and is going to replace all its nukes with solar, geothermal and wind.