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Archive for July, 2010

Jul
29

Saudis Covertly Double Their Gold Holdings!

Posted by: EK | Comments (4)

By Elizabeth Kraus

Hmmm… Dang it! I’m trying to remember the time, when Mammoths walked the earth with dragons and dinosaurs–the first pages of the chronicle of mankind–before men became the top dog. My point is–what has for centuries supposed to have raised man above the beast is not the cudgel but an inward music an irresistible power of unarmed truth…Ethics! What a bummer! He never got it right!

Did you know, and by the way these numbers are not my own, they are from someone who knows what he’s talking about…China is dove tailing the Saudi’s…hoarding the gold behind your back! Read More→

Comments (4)
Jul
27

Gold VS US Dollar

Posted by: PC | Comments (0)

Gold VS US Dollar VIDEO

This video is a little dated but the information is basic and can help beginner gold investors understand the history and challenges related to today’s US Dollar weakness. Gold has been a source of currency for over 6000 years while fiat paper currency has a consistent historical record or failing.

Convert your US Dollars to Gold as a means to hedge against inflation.

Comments (0)

By Elizabeth Kraus

Do you feel like your going up the creek without a paddle, spinning your wheels to understand what’s in the next financial crisis? You are not alone! The trend of what may lay ahead, a bad day at the office, or suddenly being unemployed, is like the budget, changing every hour, everyday. So what do you do if the Bush tax threatening to expire by 2011 happens? And or will the gold still rises against the top marginal income-tax rate set to increase on the first day of 2011 to 39.6 % from 35%. And, will it hold against the phase-out of itemized deductions that will lift that, effectively, to 40.8%. Or in 2013, the 3.8% Obama’s health-care tax on investment income that will kick in, make the top rate 44.06% to such degree, that this tax hike will push us into double-dip territory? Read More→

Comments (3)