Wednesday, February 24, 2016

Earn Interest on Your Bullion

Earn Interest on Your Bullion: "The Program is right for you if:

You desire the safety of hard assets like bullion but want your bullion working for you;
You wish to participate in the potential growth of the bullion markets (hard assets only, no paper assets);
You would like to receive interest payments while storing your gold and silver;
You believe in a buy-and-hold strategy; and
You want your bullion stored safely and securely."

'via Blog this'

Tuesday, July 14, 2015

Greeks Can’t Tap Cash, Gold, Silver In Bank Safety Deposit Boxes | Zero Hedge

Greeks Can’t Tap Cash, Gold, Silver In Bank Safety Deposit Boxes | Zero Hedge: "Many Greeks were also withdrawing their cash because they fear the country might be forced back onto the drachma. However a little known fact is that, Greeks who had prepared for bank runs by withdrawing cash and buying gold and silver bullion and then lodging that bullion and indeed cash into safety deposit boxes have also been caught up in the draconian capital controls.

We have warned about this for many years and warned as recently as April this year that people should avoid using safety deposit boxes in banks.

“Greeks cannot withdraw cash left in safe deposit boxes at Greek banks as long as capital restrictions remain in place”, Nadia Valavani, a Deputy Finance Minister in Greece told local television station according to a Reuters report."

Investors should hold some physical gold and silver outside of the banking system in secure and private safe deposit box facilities. Precious metals should also be held in jurisdictions with a reputation for respecting private property such as Switzerland, Hong Kong and Singapore.

'via Blog this'

Tuesday, January 21, 2014

Dr. Paul Craig Roberts - U.S. Gold is Gone

I won't quote Dr. Paul Craig Roberts (former Assistant Treasury Secretary for Economic Policy).  I think each of us should listen to his words as spoken by him.  That leaves no chance for a misquote, or the possibility of me taking his words out of context for the purpose of sensationalism.

As you listen, please take note of his thoughts on:

  • Why can't Germany have it's gold back now?
  • Who is selling massive quantities of gold during light trading hours--a practice guaranteed to maximize losses?
  • What's happened to the gold of the West?
  • How long until the dam bursts?

Tick, tock . . .