Arizona Bill Could Make Gold and Silver Legal Tender

Posted filed under Gold and Silver News.

arizona gold and silver law

“If you want to have liberty and limit the size of government, you have to have honest money.” –Ron Paul In a move that has gained widespread attention, the Arizona Senate Finance Committee approved a bill that would make gold and silver coins legal tender. Previously passed by the Arizona House, HB2014 eliminates the state capital… Read more »

How the Collapse of the European Union Could Impact Gold

Posted filed under Consultants Corner.

european union collapse

The horrors of two devastating world wars motivated the nations of Europe to seek a lasting form of peace. The result, based on several treaties and interim organizations, was the European Union, which totaled 15 nations by 1995. On January 1, 1999, these nations migrated to a newly created currency, the euro. 1 Today, many analysts assert… Read more »

Price of Silver Weekly Recap: February 27 – March 3, 2017

Posted filed under Silver Price News.

silver price recap

After peaking at $18.46 on Monday, silver prices moved in a narrow range while traders awaited the president’s speech and news about planned economic policy changes. Amid mild reactions to the speech, steady buying sent the price of silver to $18.43 on Wednesday. The silver price chart reported a small pullback on Thursday, with the… Read more »

Price of Gold Weekly Recap: February 27 – March 3, 2017

Posted filed under Gold Price News.

gold price recap

Trading in gold was heavily influenced last week by U.S. political and economic activity. Despite a Monday opening price of $1,257.40 and an early peak for the week of $1,263.10, gold prices adjusted slightly back to $1,257.20 on Tuesday and $1,249.81 on Wednesday. The gold price chart reported that the yellow metal was selling for… Read more »

Reflation Signals Buy Gold, Sell Bonds

Posted filed under Consultants Corner.

reflation signals Growing discussions of reflation among economists underscore the complexities of modern markets. After years of battling deflation, the nation is now entering a period of reflation, with inflation not far off, argue analysts. Even big banks like Goldman Sachs are warning investors about the situation and urging them to buy gold and sell off their… Read more »

Debt Crisis: How Big Is the Problem?

Posted filed under Consultants Corner.

debt crisis with imf

“History has taught us that it is very easy to underestimate the risks associated with private debt during the upswing.” –Vitor Gaspar, IMF fiscal chief What causes financial and economic meltdowns? Out-of-control debt. It was certainly one of the underlying factors of the Great Recession in the U.S. about a decade ago. Economic initiatives like… Read more »