Saturday, October 12, 2013

Quantitative Easing

gold-bars

Did you know that the U.S. government is spending about $60 billion more each month than it takes in?  This necessitates continued printing of money (quantitative easing). Thus, the implications for the dollar and the U.S. economy are not good.

Some economists are calling it ominous.  The outcome will be a collapse of the dollar and its purchasing power, and enormous precious metals price increases.  And, yet, you can totally out perform gold and silver over the next three to five years with a precious metals backed asset.

Monday, September 30, 2013

Here are three reasons why to purchase precious metals, either in cash or in your self directed IRA or 401K:

  1. The price of gold has risen almost 400% over the last decade;
  2. The demand for monetary and manufacturing silver is expected to more than double in the short term; and
  3. Gold and silver are very easy to buy and just as easy to sell.