Several Texas officials want to bring its gold reserves to the state for storage. Right now it is being held in NY somewhere. Texas is the only state with Gold reserves, and if what Ron Paul predicts comes to pass, it will be the only state with any real liquidity! Read the article here.
The attached link portrays the prices required of Gold should the Chinese Yuan become ‘backed by Gold’. A $64,000 price seems pretty outrageous, but when you consider all the debt and derivatives out there, probably too low! Read article here.
Texas bought a billion in gold and now is going to store it in state. The gold was purchased based on a recommendation of Kyle Bass and now he is suggesting storage be moved in state. Talk about a hedge! Read the article here.
Might this just be the luck of the Irish or something more? Click here
A very seasoned investor/businessman-billionaire is saying the worst case scenario will make even gold worthless! So should we be buying food and land? Find out more here.
Prices are volatile in just about every asset class you can think of and gold and silver are no exception! The million dollar question is always: ‘is now a good time to buy’? Take a look at this article and you decide!
Global currency crisis and financial warfare are leading many to purchase gold. Read here to learn more.
Since my last posting on this subject,not a whole lot has changed. Well, except the fact that this situation is getting worse, as we all knew it would, and the markets are noticing.
The stock markets have fallen in 3 of the last 4 days and most of the MSM is placing the blame […]
As the financial disaster in Europe continues, the German Chancellor Merkel tells Spain to think again on a bond issue backed by the European Community. Spain’s borrowing costs have sky rocketed and are close to 7%. To put that in perspective that is a historical high! For a sovereign country to pay more than a […]