Oct

11

Posted by : | On : October 11, 2012

“Are you prepared?”

The people of the United States are completely unaware of how close the country is to a complete meltdown. In 2008 the country suffered a calamity and has been only kept alive through careful manipulation by the Federal Reserve. If not for the trillions of dollars in money printing and the manipulation of the stock market, the country would have fallen into economic chaos. The country has been teetering on financial meltdown since, but has only been held afloat for the past couple of years with the Fed’s deceptive and strategic constant printing of money, that has fed the stock market to keep it afloat. In addition the economy has been kept alive by policy deregulation and interest rate swaps. This was all done to keep the masses thinking that the economy is recuperating when in fact it’s quite the opposite.

The short term methods the Federal Reserve has used to bolster the economy can only be temporary. As more fiat money is printed, the value of paper dollar drops. The derivative investments that have made the large banks billions of dollars are about to burst similar to the internet bubble and the housing crisis. We are now entering the second faze of the economic calamity that will be far more devastating then the 2008 financial meltdown.This time we have no options to disentangle ourselves from the mess. The U.S. citizens are weary of banker bailouts and the U.S. government has run run out of options. There seems to be no solution outside of just bracing ourselves for a full on economic collapse. This collapse will not only effect the United States but will be seen throughout the entire global financial system throughout the world

There are those who can see the signs of this economic Armageddon, although most people in the United States are blinded by their conditioning and can seem to grasp the dire situation that we are in. I wonder if a similar situation happened during the fall of the Roman Empire. In addition, did the people living in the Wiemar Republic or the Soviet Union know their currency would collapse? Or did the masses just stand there like sheep waiting for the slaughter, similarly to the people in the United States. I feel for the people who really have no idea what is happening, but the people who are being told the truth, yet refuse to wake up are the ones I think will learn a great lesson from this unfolding scenario. It’s seems as though history repeats and as the saying goes “Those who do not learn from the past are destined to repeat it”. It appears that this saying is quite true and is currently playing out right now in the United States.

In 2005 Peter Schiff was the laughing stock on CNBC as he kept warning of the coming mortgage and housing market collapse. Many of the news correspondence thought he was simply crazy for his economic forecast. By 2008 the people weren’t laughing anymore as Peter’s predictions of a housing market collapse began to come to fruition. Currently Peter Schiff has been appearing on the News making dire predictions, yet again. He has now been warning of the coming collapse of the United States dollar.There are many forecasters that are currently warning of a collapse of the U.S. currency. One such forecaster is the well-known expert and economist John Williams of Shadowstats.com. John Williams has a reputation for making accurate predictions using economic stats that are made secret to the public. According to his research, the economic numbers the government puts forth are typically not accurate. John William’s predicts that there will be an unavoidable economic calamity coming to the U.S. which includes a collapse of the United States dollar. Other reputable economic forecasters who warn of a collapse of the U.S. Currency are Bob Chapman and Gerald Celente.

Now with the coming economic uncertainties and the predicted collapse of the U.S. Dollar a small amount of vigilant citizens are moving their money out of the U.S dollar and into precious metals. Experts such as Bob Chapman warn that there are no safe currencies at this time and that all fiat (paper) currency from most countries are in danger of losing their value. Bob Chapman, John Williams and Gerald Celente believe that the way to hedge against the collapse of the currency is to move some assets into precious metals such as gold and silver non-numismatic bullion coins such as the American Eagle Coins.

While the United States government postpones the inevitable financial collapse by printing more dollars, issuing more treasures and derivatives, they cannot stop the impending collapse from happening. When the masses of people realize that they are holding a currency that is not worth more then the paper it is printed on, they will panic and the herd look to move their money to safety. This is when the rise in the price of precious metals such as gold and silver coin prices will skyrocket. For now the government is printing money and bolstering the stock market to keep the population from knowing what is going on behind the scenes. And the conventional news laughs at recommendations from people like Peter Schiff to move money out of the U.S. Dollar and into gold and silver coins. Just like they stopped laughing at Peter Schiff when he accurately predicted the housing bubble, they will no longer be laughing at him again in the near future.

For now those who are awake are carefully planning. Experts such as Bob Chapman and John Williams recommend to prepare your homes with storage foods, the basic necessities to get you through several months if stores should close and food supplies slow down. They both also recommend to move money into gold and silver coins. Bob Chapman also recommends buying gold and silver mining stocks, as these are the only stocks that actually increased during the depression of the 1930′s. Some of the gold stocks increased by over 1000% during the great collapse of the 1930′s as everything else tanked. Bob is predicting the same scenario with the collapse of the stock market and the rise of the price of gold and silver mining stocks.

People wonder whether to buy more gold or silver coins. Bob Chapman recommends buying 50% gold and 50% silver. Many people believe that silver prices will greatly outperform gold, although it will suffer more volatility and is not for the faint of heart. As the current swings in silver prices could make a weak man cry. Although, the reward outweighs the risk and the fundamentals show that silver has the potential to move into the several hundred dollar range over the coming 5 years. This could mean a rate of return of over 400%. Gold prices is the more stable of the precious metals since it more widely owned and less susceptible by price manipulation from futures trading. Although, the upside potential is great for gold, many people believe that the upside for silver is many times more then gold. Although, most people balance the security of gold with the more speculative trading nature of silver by owning both. People like Robert Kiyosaki, author of “Rich Dad, Poor Dad”, and Mike Maloney are more heavily invested in silver.

We recommend listening to Bob Chapman’s daily radio shows to find out the latest news so you can prepare for the coming debacle the best way possible. Bob says that those who prepare now will be the financial leaders of the future.

Oct

11

Posted by : | On : October 11, 2012

The State of Utah became the very first U.S. state to recognize gold as legal tender. Its Legal Tender Act of 2011 enables U.S. minted gold and silver coins to to be recognized as monetary currency. Utilizing gold and silver as currency is currently possible in Utah, although for many merchants, it’s the furthest thing from their mind.

Eventually when the dollar is devalued they will be more interested in the possibility to utilize gold and silver coins as legal tender. When they do decide to partake in trading silver and gold coins, the price of gold and silver will be equivalent to the current market value. For example, the current price of a silver American Eagle Coin is $35. This market value will be recognized as the coins worth when one goes to pay off debt with gold and silver coins.

“If the Federal Government is not going to protect the American dollar, Then the people here in Utah really need to be able to establish a financial system that would make it through a crash, if and when to this crash occurs,” states Lowell Nelson, who works for the Campaign for Liberty in Utah.

Craig Franco, a gold coin merchant in Salt Lake City, UT  stated he is preparing to create a Visa charge card based on gold depositories. This would permit people to easily utilize gold as legal tender, instead of fiat currencies.

Utah is not the currently the only place to worry about the stability of the United States financial system, the possibility of a financial collapse and current value of the dollar. Similar to Utah, there are other states that are trying to also pass legislation to allow gold and silver to be used as legal tender.

One such state is Minnesota. Although the legislation is not yet approved, MN residents would like to pass a similar bill to Utah. They would like to designate silver and gold coins as recognized ‘legal tender’ in repayment of financial obligations.” This is currently being proposed to the state and will be voted on in the future.

The bill that MN would like passed states that “the currency provided by the US Reserve System threatens to create a growing lack of stability in the Governmental financial situation and private economic system of the state of Minnesota.” says concerned residents.

In addition, North Carolina also has stated that they are interested in making gold and silver legal tender. Recently released, North Carolina proposed a bill to the state. This bill that would allow legal tender back by silver and gold in the state’s treasury.

“I think we’re in the process of blowing up the dollar. This bubble could be extremely disastrous,” stated the legislator who presented the bill.

Also introduced in South Carolina (although not yet approved) a legislation that would substitute the U.S. dollar with silver and gold as legal tender in in the state.

“The Germans believed their system would certainly collapse and it required a wheelbarrow of money to buy a loaf of bread in the nineteen thirties. The Soviet Union did not believe their system would breakdown, But it did. “Ours is capable of falling apart also,” said the legislator who Presented the bill.

Introduced in Idaho (but not passed) a bill would allow people to utilize silver and gold as repayment of debt.

Also introduced in Georgia, although not passed yet, a bill that would have the state government only recognize gold and silver U.S. coins for repayment for tax obligations.

In the mean time, the world gradually pushing to diminish the function of the U.S. dollar. This will cause the devaluation of the U.S. dollar and an increase in inflation in the United States. Food prices, oil prices and gas prices will skyrocket.

Already the far east and Russia have actually created an agreement to use their individual foreign currencies for bilateral commerce. Formerly, These nation utilized the U.S. dollars for bilateral trade.

Russia, in fact was  already pressuring for the denomination of STIs in the Russian energy exports ruble back in 2006.

Countries having large foreign exchange reserves – like China and Arab Oil Manufacturers – are anxiously also trying to prop up the euro currency as a dollar-alternative for their investments. Besides the euro denominated assets they have diversified to other important currencies in the Australian dollar and like Canadian dollar.

Oct

11

Posted by : | On : October 11, 2012

Mike Maloney, author of “Guide to Silver Investing” and mentor to Robert Kyosaki, author of “Rich Dad, Poor Dad” talks about silver price manipulation in a recent interview by RT news on April 9, 2012


In the interview, Mike Maloney states his belief that the price of gold and silver are being highly manipulated. He states that there is a government admission that there is price manipulation going on. It is the first admission by the U.S. government that prices are in fact being suppressed intentionally. Mike believes that eventually this manipulation will end the prices of gold and silver will eventually go higher.

“All manipulations eventually fail. When you suppress the price on something, it becomes less profitable to produce. This then creates shortages in the market. Then eventually things turn around and the prices will spike.” Mike Maloney

Why are they manipulating the price of gold and silver lower?
If gold and silver prices spike it can cause a global financial crisis. The government does manipulate gold and silver prices through the large banks. Anyone that investigates it will see that the prices of gold and silver are manipulated. This has been investigated and everyone concludes that there is in fact gold and silver price manipulation.

How are they suppressing gold and silver prices?

The world central banks have been leasing gold into the financial markets and the gold and silver is leased at very low rates. This allows the banks to sell gold and silver into the market and this supply into the market pushes the price of gold and silver down. Mike Maloney says that proof of this method was stated by Alan Greenspan. “The world central banks stand ready to lease gold in increasing quantities should the price of gold rises” stated Alan Greenspan. This shows that the Federal Reserve is involved in the price manipulation to keep gold prices down.

How does the price manipulation work?

Large trading firms have platforms where they can see all “sell stops” on gold and silver futures. These banks all place these “sell stops” at certain triggers – such as support and resistance lines on charts. Because we all think in round numbers in a herd mentality, these sell stops can cause mass selling. These sell stops are placed in quantity and all firms can see where all the other firms place their “sell stops”, as a result, these banks can collude to all sell tons of silver and gold futures in seconds, at the same time. These banks are not really trading silver they are trading IOUs which are futures. They are trading paper silver and can trade tons and tons of silver. All the firm’s “sell stops” start a cascading effect of selling. “It’s basically big banks that have insider information that can manipulate the system”

Mike believes the prices of gold and silver are artificially held down to create an illusion to the citizens of the United States that economy is in good standing. Mike states that if the public were to see the price of gold skyrocket then the population would panic and realize that something is terribly wrong with the economy. If gold prices skyrocket, then that is an indication that the U.S. currency is failing.

 

Oct

11

Posted by : | On : October 11, 2012

 buying gold coins and gold bullion

Many people who are learning about the collapsing United States dollar are interested in buying gold coins and gold bullion. Some of the many questions we receive are which gold coins should you purchase and whom do you buy gold from? We want to give you pertinent information on buying gold, where to purchase and whom to trust.

When buying gold coins you need to decide how much money you want to invest. Experts like the late Bob Chapman recommend putting 30% of your assets in gold and silver precious metals. He recommends putting 50% in gold and 50% in silver.

 Buying gold coins and gold bullion is much less volatile then silver due to the greater amount of people who have already purchased gold bullion and gold coins. While on the other hand, silver can be more volatile due to the fact that less people own silver at this time. This is not to say that silver has less potential, in fact, silver may surpass the future gold price in terms of how much return you get for your investment. Although, you may have to wait out the fluctuating prices in silver, which can be stressful for new precious metals investors. If you want less volatility then you may be interested in buying gold coins and gold bullion over silver.

Now that you’ve decided to put, let’s say 20 percent of your assets in gold, you are now wondering whether to buy gold bullion or gold coins. Many people enjoy the greater flexibility of owning gold coins over gold bullion. This is because with gold coins you can transport them easier as they are much lighter and you can purchase them in smaller amounts, such as 1 ounce coins. This means if you need to leave the country you can easily throw a couple of gold coins in your wallet and go. If you have gold bullion you will not be able to travel with them so easily if you need to leave your home quickly. So many people prefer to buy gold coins.

What is Better Numismatic or Non-Numismatic Gold Coins?

Now that you are interested in buying gold coins over the heavier gold bullion, you will want to decide which gold coins to buy. You have a choice between numismatic gold coins and non-numismatic gold coins. When deciding which to buy you have to keep in mind that numismatic gold coins have much higher commission rates. You pay more for numismatic coins but get less gold in the coin.

When inquiring with expert Bob Chapman on buying gold, he recommended that we only purchase non-numismatic gold coins. That way if I purchase a gold coin such as the American Eagle Gold Coin I am getting 99% gold. If I purchase a non-numismatic gold coin I may be getting only 50% gold. So if you purchase a non-numismatic coin you are getting the amount of gold you pay for with just a little commission. We recommend the non-numismatic gold coins.

When buying gold coins, preferably the non-numismatic coins, you may wonder which non-numismatic gold coins to buy. If you are in the United States you may want to purchase the American Eagle Gold Coins. These are widely recognized as very good gold coins. If you live in Canada, you  may be interested in buying gold coins referred to as the Canadian Maple. If you live in China, you may want to buy the Pandas. It really depends on where you live. The coin from the country you live in will be the easiest coin to sell when the time is right. So if you are looking to buy gold coins, we recommend the non-numismatic coin from the country that you are residing in.

Disclaimer: Please do your due diligence before buying or selling silver and/or gold. We are not investment advisers and cannot provide investment advice. Please do your own research before investing.

Oct

11

Posted by : | On : October 11, 2012

Gold and silver price ranges have increased significantly over the previous decade. Industry experts like Jim Rogers and Marc Faber forecast a financial collapse in 2013. If you intend to purchase gold and silver, then you ought to do it as soon as possible since the price of gold is slowly but surely rising and financial experts anticipate that the price will not go lower in the near future. Jim Rogers as well as Mike Maloney are convinced gold and silver coins are perfect investments to help hedge against the valuation on the dollar bill. We’re going to explore why these renowned investors are acquiring precious metals. 

Increasing Debt
The Usa is billions of dollars in debt. The deficit is a result of the rise of the proportion of the imports to non-public intake (this actually also incorporates the quantity of exports). The debt in the account balance of trade is because the increase in the imports’ rate percentage by 1.4% plus the surge in the percentage of exports by 2.4%. This deficit in the balance of trade is just about the causes of the risingprice of gold.Low Output of Gold

Yet another reason for the escalating price of precious metals is the reduced output of gold from significant gold-producing nations around the world such as the Belgium, Singapore, Australia, Nova scotia, Usa, and South Africa. The United States doesn’t have plenty of supplies of gold and silver to meet demand.Economic and Political Factors

Financial experts believe that the economic failure could escalate the price of metals bullion coins. The price of gold is increasing in areas such as Japan. It went up over 20% in just one season a result of the financial crisis. The change in foreign exchange get people to definitely not trust the fiat foreign exchange. They feel that gold and silver coin prices will rise and that precious metals is  safer then the fiat currency. This course of action is performed in expectations to governmental negative aspects and stability that is a result of the ever-changing world wide current economic climate. 

Boost in Need for Silver
The last reason why gold and silver coins prices will boost is because the wear and tear of the us dollar alongside the financial collapse.. At present, the global interest on silver is gradually escalating while the supply of gold from gold-producing nations is diminishing. A lot more people are buying gold and this also is making a sizable demand intended for silver exiting materials shrinking. The increase in demand from customers has brought about the latest price of gold to rise by 50% of their preceding price a short while ago. According to experts, the high price and need for oil is impinging on the price of gold. The increase in the income of oil-producing countries is affecting the international marketplace, which often causing an increase in the price of gold far away. 

These are several of the logic behind why the cost of gold and silver prices is going to rise in the forthcoming. There are lots of some other reasons that you could discover with right analysis.

Aug

24

Posted by : | On : August 24, 2012

Follow us @ twitter.com twitter.com Welcome to Capital Account. After its yearlong investigation, the Justice Department said that it will not bring charges against Goldman Sachs or any of its employees for financial fraud related to the mortgage crisis. Is this justice or, as Gerald Celente often says, is this “just us” big bankers getting away with whatever we want? Also, Benjamin Lawsky, superintendent of the New York State Department of Financial Services threatened to revoke Standard Chartered’s banking license after accusing the bank of laundering billions for Iran. Have we found someone to take on the big banks? This action has set off backlash from Federal regulators. Are they going after the New York regulator for doing his job or is the regulator going rogue? We will discuss with Gerald Celente, Founder of Trends Research Institute & Publisher of the Trends Journal. Plus, the Libor benchmark interest rates must be changed or replaced, says Britain’s financial regulator. The regulator also said the future of other benchmarks, including oil, gold, and stock prices, is also under scrutiny. We ask Gerald Celente if there any place to invest that is not rigged. View gold and silver prices and news