Posts Tagged ‘ silver ’

Why Gas Prices Are Actually Falling

Feb 24th, 2012 | By | Category: Economics, Featured, Oil
In a world of rising gasoline prices, Forbes tells us that gasoline prices are not actually rising, and in fact are lower than ever. And they ain't lyin'! Writing for Forbes Louis Woodhill gets this seeming contradiction right. He views the price of gas not in terms of the depreciating monopoly money ...read more


Gold Still A Better Idea Than Mainstream Asset Allocation

Aug 24th, 2011 | By | Category: Featured, Gold
With gold making its expected pullback we needed a chuckle so we checked the New York Times and found this article from yesterday... No one I spoke to would venture a guess as to how high gold would rise before it hit its peak. But most stressed that people forgot that ...read more


Gas Prices Don’t Move Much In Good Currencies

Aug 1st, 2011 | By | Category: Economics, Featured, Personal Investing, Precious Metals
Gas is still only $0.20 per gallon... [caption id="attachment_8999" align="aligncenter" width="503" caption="A gas station in Ashland, Oregon, May 2011"][/caption] ...If you pay with un-debased U.S. currency. One gas station in Ashland, Oregon, is accepting payment for gas in the old, un-debased version of the currency. The more prices change, the more they remain the ...read more


Silver Price Collapse Reminds of Risks in Paper Market

May 20th, 2011 | By | Category: Featured, Gold, Personal Investing
Gold and silver are strange things. They have been used for centuries as money and only in the last 40 years have they been shoved aside by the financial communists — yet they still exist as a free market monetary asset despite the force of all the government’s guns. The strange ...read more


Currency Controls and the War on Money

Apr 11th, 2011 | By | Category: Currencies, Featured, Gold
If you keep your money or savings in US dollars inside of the United States, you are a risk taker of epic proportions. Have you not been paying attention to what is going on? To begin with, the U.S. Government now employs cash-sniffing dogs at most international airports. If you are ...read more


Gold, Silver, Copper, Nickel and the Slow Death of Money

Feb 16th, 2011 | By | Category: Commodities, Currencies, Featured, Gold
A huge opportunity to hedge against both inflation and deflation is lying out there in the open. There are no transaction costs and right now there’s even a built-in discount. But most people will never realize any of this. In 1933 President Franklin Delano Roosevelt signed Executive Order 6102, which made ...read more


Cornering the Market

Aug 2nd, 2010 | By | Category: Economics, Featured, Morning Whiskey
It has been over a quarter of a century since the Hunt brothers set out to corner the market in silver and actually succeeded in running the price up to near $50/ounce, a staggering sum back then, when three ounces of silver sold at that price would have fed a ...read more


Gold Mania Means a Niagra Falls of Dollars Through a Precious Metals Market Garden Hose

Nov 20th, 2009 | By | Category: Featured, Gold
“There’s no doubt in my mind that we’ll have a mania in gold. And because the gold and especially silver markets are so tiny, the rush into them will be like trying to push the contents of Hoover Dam through a garden hose. Our positions will go absolutely ballistic.” – ...read more


Gold, Silver and the Wonderful Wizard of Oz

Oct 16th, 2009 | By | Category: Currencies, Featured
This week, the price of gold touched $1,040 per ounce while silver took a ride to now over $17 per ounce. It seems like the gold and silver run-up caught the politicians and monetary authorities by surprise. The lookouts were napping up in the crows’-nest. Then the golden alarm clock ...read more


Living on the Bubble

Sep 10th, 2009 | By | Category: Featured, Morning Whiskey
Some bubbles are more resilient than others. Some bubbles have a significant amount of yield to them, depending upon how fully they were inflated and how sharp the object poking them is. Some bubbles have thick, yielding coverings and are never inflated to rigidity beyond the point at which little kids sit ...read more