THE PRICE OF GOLD AND SILVER
The price of gold and silver has now made significant moves towards its previous highs,
gold pushing above $900 and silver above $12 but there remains much volatility between
now and their ultimate ascent, an ascent guaranteed by the accelerating debasement of
fiat paper currencies as governments attempt to shock their moribund economies into life
with unlimited amounts of fiat money and credit.
Whether gold and silver’s recent moves are a portent of more shortly to come or if they
will be met again with renewed resistance from central banks remains to be seen. Either
way, rest assured that the battle between the paper boys of Wall Street, the power brokers
of Washington DC and the free market is still in progress.
Wall Street may be but a badly damaged shadow of its recent past but its co-conspirators
in manipulating the markets, the central bankers and their enablers in government are still
committed to maintaining their fiefdoms no matter how high the cost—as long as those
costs are born by the taxpayers.
Someday, in the future however, a future that is closer today than it was yesterday, gold
and silver will triumph despite the best efforts of central bankers and government
manipulators to prevent it
For central bankers and those in government are up against the market itself and no
matter how much paper they have at their disposal, their supplies of gold are limited.
Each ounce bought takes another ounce out of the arsenal governments use to suppress
gold’s price, an arsenal comprised of our central banks.
Buy gold. After all, it was yours and still for only a short while, it is being subsidized by
your government as it continues its fight against your interests and a free market
unfettered by bankers’ credit.
Have faith and buy gold and silver until better days arrive.
Darryl Robert Schoon
www.survivethecrisis.com
www.drschoon.com
Showing posts with label banks bank crashes Bank of America silver coins gold coins recession depression. Show all posts
Showing posts with label banks bank crashes Bank of America silver coins gold coins recession depression. Show all posts
Friday, February 13, 2009
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
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