Saturday, January 31, 2009
Your GOLDEN opportunity may pass you by.
Gold prices rose to a six-month high Friday on safe haven buying despite a stronger dollar. Gold closed in NY up $18.80 to $927.10/oz., rising 5% ytd, while silver rose $.32 to $12.67/oz. for a 10% rise ytd. "Investors scrambled for the safety of gold and bullion-backed assets," reports Reuters. "Precious metal may be the best option to protect against a possible economic catastrophe," says BusinessWeek... 2009 market news & views...
Friday, January 30, 2009
UNCLE SAM IS CRIPPLED!
*** “I’m not optimistic about the global economy,” says our old friend, Marc Faber. “The next Madoff case – the next Ponzi scheme – is the U.S. government. It will go bust. It is only a question of time.”
When will the U.S. government go bust? When the weight of all the fixes finally crushes it. That is when the last bubble of the entire bubble cycle finally explodes – when the government itself is de-leveraged...when U.S. Treasury bonds crash...and the dollar comes down.
What do you do to protect yourself? There aren’t too many choices. Because you never know when or how it will happen.
“Gold functions as a protection against your central bank doing stupid things,” says Felix Zulauf.
“One day the price of gold will be higher than the Dow Jones,” adds Faber.
Silver was at $12.38 an ounce today and Gold was at $916.80 an ounce. As the dollar sinks, it is believed that Silver can go to $100, $200 or more an ounce and Gold to $2000, $3000 or more an ounce.
There is only ONE program on the net that allows you to get involved in one or more Silver, Gold and Platinum Coin accumulation. Go to the following and enroll today:
http://SilverTornado.com/?dewein
Monday, January 26, 2009
WHY GOLD?
Why Now?Do you remember the last time gold sold for over $2,000 per ounce?Of course you do. Maybe you didn't think of that way. But actually, gold has already sold for more than $2,000 per ounce. Let me show you.First, you have to think for a moment as if it's 1971. Gold is selling for $35. This is the year Nixon breaks it from ties to the dollar. Gold prices start climbing. By 1975, it's hit $196. And by 1980, we're talking $850. Sure, you say, that I remember.But maybe you also remember back then you could you could also make $27,700 per year and it was a pretty decent living. About as good as making $100,000 per year today.You could also buy a house for $50,000 then and, just on an inflation basis, it would be worth $250,000 today. (In real estate terms, it might sell now for $500,000 or more.) And back then, you could retire on $270,000 in savings... and it would be as good today as being a millionaire.So you can see, trying to compare yesterday's gold price to today's — on an even basis — is like trying to compare apples and armadillos!In today's dollars, 1975 gold at $196 is more like $750 in the current market. And 1980 gold, the peak year at the historical price of $850, would now clock in closer to $2,176. And remember, this is what you get using only the most conservative market calculation of gold's worth. There are other, even more telling ways to value gold.
Monday, January 19, 2009
Silver Demand- Silver Shortage
Silver Demand - - -
45% = Industrial
27% = Jewelry & Silverware
18% = Photography
10% = Coins & Medals
Take my word for it, when the Silver Shortage hits, some users will panic. They will do anything to keep their production lines rolling. Only when the shortage scares them will they attempt to build silver inventories. The users drove palladium, at its peak,up to$1100/oz. from $60 ten years earlier, or almost 20 times, to keep those production lines running. You do the math - - what's 20 times the price of silver? (At around $10 = $200) Big investors and big users can't buy real silver in size, and the latter are sure to panic, because they collectively hold maybe a week's worth of silver inventory. This isn't rocket science. This is a way for the average person to make a score. It's simple. Buy real silver, put it away and forget about it until they talk about it on the evening news. This coming silver event has been 60 years in the making. It's going to be big news. Put silver to work for you and don't miss out on this mind-boggling story.
45% = Industrial
27% = Jewelry & Silverware
18% = Photography
10% = Coins & Medals
Take my word for it, when the Silver Shortage hits, some users will panic. They will do anything to keep their production lines rolling. Only when the shortage scares them will they attempt to build silver inventories. The users drove palladium, at its peak,up to$1100/oz. from $60 ten years earlier, or almost 20 times, to keep those production lines running. You do the math - - what's 20 times the price of silver? (At around $10 = $200) Big investors and big users can't buy real silver in size, and the latter are sure to panic, because they collectively hold maybe a week's worth of silver inventory. This isn't rocket science. This is a way for the average person to make a score. It's simple. Buy real silver, put it away and forget about it until they talk about it on the evening news. This coming silver event has been 60 years in the making. It's going to be big news. Put silver to work for you and don't miss out on this mind-boggling story.
Friday, January 16, 2009
Silver Eagles
This morning when I checked, Gold was up $28.60 to $835 an ounce and Silver was up 60 cents to $11.04 an ounce. So I went to my coin dealer and purchased about 20 Silver Eagles.
American Eagle Silver Dollars are congressionally authorized and produced by the United States Mint at West Point, New York and are legal tender coins with a face value of one dollar (though they are worth considerably more since the market price of one ounce of silver has been many times greater than one dollar for more than four decades). Unlike silver medallions, silver bars, or art bars, American Eagles are "Official Legal Tender" guaranteed by the U.S. Government as to silver weight and silver purity.
Since the first day American Silver Dollars were released in 1986, they've been the most highly prized and most popular Silver Bullion Coins in the world! Many consider the design of the coin to be one of the most beautiful coins ever produced. Requiring no assaying, American Eagles are easily converted to cash at any time.
The obverse (front) of the coin features Adolph A. Weinman's stunning walking Liberty design originally used on U.S. Silver Half Dollars from 1916 through 1947. The reverse design is a rendition of a heraldic eagle by John Mercanti and also features a shield, with 13 stars, representing the 13 original American colonies, positioned above the eagle's head. Highly prized for their historical beauty and pure silver content, American Eagle Silver Dollars are the largest Silver Dollars ever issued by the U.S. Mint. (These are impressively large and substantial coins.) By law, each coin contains one full troy ounce of PURE silver. Each coin contains 1.0000 troy ounce of 0.9993 pure silver and is 40.6m ( 1.598 inches) in diameter.
Every Silver Eagle is a work of art, minted to exacting standards by the United States Mint. These classic coins are among the most affordable ways to own government minted bullion coins.
These coins are commonly used as investments or gifts or collected or as protection in case of national disasters or bank failures. ( SILVER COINS ARE STANDARD RECOMMENDATIONS FOR ALMOST ALL SURVIVAL AND NATIONAL DISASTER SITUATIONS WHEN BANKS MAY FAIL OR CLOSE AND PAPER MONEY IS USELESS - - ONLY SILVER AND GOLD IS ACCEPTED EVERYWHERE IN EVERY EMEREGENCY.)
This is why it is imperative that you start putting and turning over some or as much as you can of your paper dollars into Silver and Gold coins.
Just today it was announced about the crash of Bank of America. Bank Crisis II is beginning NOW. Bank of America posted a massive $1.79 BILLION dollar loss in the last three months of 2008 . . . it slashed dividends . . . and accepted a $1.38 BILLION dollar emergency lifeline.
See more about the economy and pending crisis and the reasons WHY you NEED go invest in Silver and Gold as soon as possible. Check my blog at:
http://whylarrydewein.blogspot.com/
More later - - - keep tuned and get started by checking out coin dealers in your area
American Eagle Silver Dollars are congressionally authorized and produced by the United States Mint at West Point, New York and are legal tender coins with a face value of one dollar (though they are worth considerably more since the market price of one ounce of silver has been many times greater than one dollar for more than four decades). Unlike silver medallions, silver bars, or art bars, American Eagles are "Official Legal Tender" guaranteed by the U.S. Government as to silver weight and silver purity.
Since the first day American Silver Dollars were released in 1986, they've been the most highly prized and most popular Silver Bullion Coins in the world! Many consider the design of the coin to be one of the most beautiful coins ever produced. Requiring no assaying, American Eagles are easily converted to cash at any time.
The obverse (front) of the coin features Adolph A. Weinman's stunning walking Liberty design originally used on U.S. Silver Half Dollars from 1916 through 1947. The reverse design is a rendition of a heraldic eagle by John Mercanti and also features a shield, with 13 stars, representing the 13 original American colonies, positioned above the eagle's head. Highly prized for their historical beauty and pure silver content, American Eagle Silver Dollars are the largest Silver Dollars ever issued by the U.S. Mint. (These are impressively large and substantial coins.) By law, each coin contains one full troy ounce of PURE silver. Each coin contains 1.0000 troy ounce of 0.9993 pure silver and is 40.6m ( 1.598 inches) in diameter.
Every Silver Eagle is a work of art, minted to exacting standards by the United States Mint. These classic coins are among the most affordable ways to own government minted bullion coins.
These coins are commonly used as investments or gifts or collected or as protection in case of national disasters or bank failures. ( SILVER COINS ARE STANDARD RECOMMENDATIONS FOR ALMOST ALL SURVIVAL AND NATIONAL DISASTER SITUATIONS WHEN BANKS MAY FAIL OR CLOSE AND PAPER MONEY IS USELESS - - ONLY SILVER AND GOLD IS ACCEPTED EVERYWHERE IN EVERY EMEREGENCY.)
This is why it is imperative that you start putting and turning over some or as much as you can of your paper dollars into Silver and Gold coins.
Just today it was announced about the crash of Bank of America. Bank Crisis II is beginning NOW. Bank of America posted a massive $1.79 BILLION dollar loss in the last three months of 2008 . . . it slashed dividends . . . and accepted a $1.38 BILLION dollar emergency lifeline.
See more about the economy and pending crisis and the reasons WHY you NEED go invest in Silver and Gold as soon as possible. Check my blog at:
http://whylarrydewein.blogspot.com/
More later - - - keep tuned and get started by checking out coin dealers in your area
Thursday, January 15, 2009
Now let's talk about Gold. Why am I bullish on Gold?
Gold is the ultimate currency - - the only real money in the world! Here are three reasons why this has never been more true than today.
1) There is NOT a single central bank or financial institution in the world that can create more gold. Its supply is extremely limited. All the gold ever mined in the history of the world would fit into two Olympic-size swimming pools!!
2) Meanwhile, every central bank on the planet is printing fiat money like crazy. They don't have many other choices. Here in the U.S., the Federal Reserve will likely end up creating at least $3 TRILLION of new money to throw at the economy. But, and this is very important, when the wheels of commerce and business begin to turn again . . . when banks begin to lend again. . . and when investors start ot pull money out from underneath their mattresses - - you are going to see a tidal wave of WORTHLESS money get thrown into the markets.
And when that happens, it will re-inflate almost all tangible assets. And the chief benefiary? GOLD!
3) If you think the financial crisis is bad thus far, tighten your seatbelts because it's about to get a heck of a lot worse. So far, we've seen the debt bubble burst only in the private sector. And to be sure, it's the biggest bubble to burst yet.
But here's what's starting now: The bursting of the public debt bubble, Washington's debt bubble . . . the beggest in the world. . . dwarfing all others.
I am referring to the more than $70 TRILLION in debts Washington has incurred that is comprised of the more than $10.6 TRILLION in national debt . . . the $58 TRILLION in unfunded Social Security obligations and Medicare IOUs. . . and more.
Not to mention the $1.2 TRILLION in fiscal stimulus programs coming down the pike. . . and surely more government spending on the horizon.
BOTTOM LINE: Hold that gold (and silver), the ultimate currency!!
1) There is NOT a single central bank or financial institution in the world that can create more gold. Its supply is extremely limited. All the gold ever mined in the history of the world would fit into two Olympic-size swimming pools!!
2) Meanwhile, every central bank on the planet is printing fiat money like crazy. They don't have many other choices. Here in the U.S., the Federal Reserve will likely end up creating at least $3 TRILLION of new money to throw at the economy. But, and this is very important, when the wheels of commerce and business begin to turn again . . . when banks begin to lend again. . . and when investors start ot pull money out from underneath their mattresses - - you are going to see a tidal wave of WORTHLESS money get thrown into the markets.
And when that happens, it will re-inflate almost all tangible assets. And the chief benefiary? GOLD!
3) If you think the financial crisis is bad thus far, tighten your seatbelts because it's about to get a heck of a lot worse. So far, we've seen the debt bubble burst only in the private sector. And to be sure, it's the biggest bubble to burst yet.
But here's what's starting now: The bursting of the public debt bubble, Washington's debt bubble . . . the beggest in the world. . . dwarfing all others.
I am referring to the more than $70 TRILLION in debts Washington has incurred that is comprised of the more than $10.6 TRILLION in national debt . . . the $58 TRILLION in unfunded Social Security obligations and Medicare IOUs. . . and more.
Not to mention the $1.2 TRILLION in fiscal stimulus programs coming down the pike. . . and surely more government spending on the horizon.
BOTTOM LINE: Hold that gold (and silver), the ultimate currency!!
Wednesday, January 14, 2009
$200 an ounce silver?
Can it happen? The most widely followed silver analyst in America thinks so. Theodore Butler claims that the bullish factors affecting silver are so combustible they could set off a firestorm of panic buying that would temporarily drive silver to $200 or more per ounce.
Nine Reasons Why Silver Could Spike to $200 an Ounce or More
1) A short squeeze in the futures market.
2) A demand for repayment of millions of ounces of silver sold through leasing.
3)A shortage affecting industrial users who must have silver (Palladium jumped to $1,090 in 2001).
4) Severe inflation.
5) Possibility that real silver does not exist to back up silver storage certificates.
6) Worldwide scramble for silver by retail investors.
7) Complete elimination of the above ground supply of silver (running out of silver).
8) Overwhelming Asian demand for commodities.
9) The deficit between supply and demand grows dramatically wider.
"Nothing in the world has the potential to multiply your net worth like silver." Theodore Butler, silver analyst
Investment Rarities says, "The silver story has yet to come to the attention of the public. Most Americans don't realize how truly important silver is to industry and how strong the demand is. Nor do they know that the U.S. government, which had over 3 billion ounces of silver in 1942, ran out of silver last year. Even the national defense stockpile is gone. And most of all, they don't know that the current shortage of silver is greater than the known world supply. There is not going to be enough silver to go around!"
This blog is going to show you how the system of paper money is failing because of being taken off the gold and silver standard but most of all, what you can do to protect yourself and how to accumulate gold and silver coins and bars to protect yourself. You can actually go through and come out of the recession/depression as wealthy as you want.
Keep in touch and informed.
Nine Reasons Why Silver Could Spike to $200 an Ounce or More
1) A short squeeze in the futures market.
2) A demand for repayment of millions of ounces of silver sold through leasing.
3)A shortage affecting industrial users who must have silver (Palladium jumped to $1,090 in 2001).
4) Severe inflation.
5) Possibility that real silver does not exist to back up silver storage certificates.
6) Worldwide scramble for silver by retail investors.
7) Complete elimination of the above ground supply of silver (running out of silver).
8) Overwhelming Asian demand for commodities.
9) The deficit between supply and demand grows dramatically wider.
"Nothing in the world has the potential to multiply your net worth like silver." Theodore Butler, silver analyst
Investment Rarities says, "The silver story has yet to come to the attention of the public. Most Americans don't realize how truly important silver is to industry and how strong the demand is. Nor do they know that the U.S. government, which had over 3 billion ounces of silver in 1942, ran out of silver last year. Even the national defense stockpile is gone. And most of all, they don't know that the current shortage of silver is greater than the known world supply. There is not going to be enough silver to go around!"
This blog is going to show you how the system of paper money is failing because of being taken off the gold and silver standard but most of all, what you can do to protect yourself and how to accumulate gold and silver coins and bars to protect yourself. You can actually go through and come out of the recession/depression as wealthy as you want.
Keep in touch and informed.
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