Welcome to the Silvertowne Vault Cast, helping you protect yourself against inflation and preserve wealth with physical Gold and Silver
 
My name is Shawn Ozbun, and our goal is to keep you up to date with what’s going on in the world of Gold and Silver by providing you with current news and precious metals pricing.
 
The Silvertowne Vault Cast is brought to you by www.Silvertowne.com

Welcome back to the SilverTowne Vault Cast. If your new to this show, let me just take a minute to explain what happens here. I go through the news and I pick out articles that have to do with the economy and bullion and I discuss them with you and try to keep it under 15 minutes that way it’s easy for you to find time to get this information. 

My goal here is to inform you about what’s really going on and to share with you the importance of owning precious metals to help you protect your wealth and hedge against the coming economic struggles and hyper inflation. You might say how do you know this Shawn. How do you know that the economy is going to collapse, how do you know we have inflation coming down the pipe. After all I am not a financial adviser, I’m not an economist. I don’t have any prestige degrees in economics or finances. 

What I am, is a student of history and reality. I have and continue to research history and what has happened in the past and I see so many connections to what has happened in other great nations compared to what’s going on in this nation. I question everything and I don’t buy into anything without doing the research for myself. I never just take some ones word for it. Especially when we are talking about the mainstream media.

With that said I also recommend that you don’t take anything I say as truth without researching the information yourself. I encourage to check what I am saying and come to your own conclusion. Don’t just turn on the news and except everything being said. Go look at it. Go see what other people are saying. Listen to both sides of the story. No matter your background or political affiliation. Do the research yourself and become a student of history and be an informed human being.

Today we are going to talk about American Eagle sales, Peter Schiff says the collapse is inevitable, we have another article from the economic collapse blog saying we have the biggest bubble and it’s about to burst and more about China and there massive gold buying. Before we get into all of that let’s take a look at todays precious metals pricing.

Gold  -                 $1580.37          Down          $3.79
Silver -                 $28.88              Down          $0.16
Platinum -            $1588.00          Up              $5.00
Palladium -          $745.00            Up              $2.51
 

American Eagle Gold Coin Sales Up 283%

The gold buying trend in February appeared to be increased interest in physical over paper gold, as the US Mint sold 80,500 ounces of American Eagle gold coins, a monthly year over year increase of 283.3%.

This contrasts with the outflow of exchange-traded funds, which reported their biggest combined monthly outflow on record. February saw ETF holdings drop by 109.5 tons and ultimately reach a five month low of 2502.7 tons. Sales of American Silver Eagles were an improvement over last year, as well. The US Mint more than doubled its sales of Silver Eagles with 3.4 million ounces sold.  Read More...

Peter Schiff: Bernanke Fed bluffing on exit strategy, dollar collapse inevitable

In a new video blog, Peter Schiff explains why the chairman of the Federal Reserve almost comes clean on his lack of an exit strategy to his massive monetary stimulus.

There is no way the Fed can stop printing as it has created an unsustainable economy which is now dependent on cheap money.  The only exit strategy that will come is when there is a crisis, i.e., when adollar collapse is looming because of the massive inflation the Fed has created.

Most Americans will be caught off guard when prices start soaring and will wish they had bought precious metals to protect the value of their savings. Now is the time to buy if you haven’t already with the recent pullback in gold and silver prices.  Read More...

The Dow Hits An All-Time High! Translation: A Bubble Is Always Biggest Right Before It Bursts

Reckless money printing by Federal Reserve Chairman Ben Bernanke has pumped up the Dow to a brand new all-time high.  So what comes next?  Will the Dow go even higher?  Hopefully it will.  In fact, it would be great if the Dow was able to hit 15,000 before it finally came crashing down. 
That would give all of us some more time to prepare for the nightmarish economic crisis that is rapidly approaching. 

As you will see below, the U.S. economy is in far, far worse shape than it was the last time the Dow reached a record high back in 2007.  In addition, all of the long-term trends that are ripping our economy to shreds just continue to get even worse and our debt just continues to explode. 

Unfortunately, the Dow has become completely divorced from economic reality in recent years because of Fed manipulation.  All of this funny money that the Federal Reserve has been cranking out has made the wealthy even wealthier, but this bubble will not last for too much longer.  What goes up must come down.  And remember, a bubble is always biggest right before it bursts.

Fortunately, it looks like an increasing number of people out there are starting to recognize that the primary reason why stocks have been going up is because of the Fed.  Read More...

China Reserves Ample to Buy World’s Gold Twice

China’s foreign currency reserves, which have surged more than 700 percent since 2004, are enough to buy every central bank’s official gold supply -- twice.

The CHART OF THE DAY shows how China’s foreign reserves surpassed the value of all official bullion holdings in January 2004 and rose to $3.3 trillion at the end of 2012, data compiled by Bloomberg show. The price of gold increased 263 percent from 2004 through Feb. 28, with the registered volume little changed, according to data based on International Monetary Fund and World Gold Council figures. By comparison, China’s reserves rose 721 percent through 2012, while the combined total among Brazil, Russia and India rose about 400 percent to $1.1 trillion.  Read More...

Thanks for listening to the Silvertowne vault cast. You can find our show on YouTube and I would love it if you would subscribe and as always our show can also be found in the iTunes store.

For the best source for acquiring gold and silver please contact Silvertowne at 1-877-477- coin, that’s 1-877-477-2646 or you can visit us at www.silvertowne.com. Silvertowne has been a trusted precious metals and numismatics dealer since 1949.
 
One of the most common ways to invest in silver is with silver ingot. They are affordable, portable and easy to stack and store. Popular SilverTowne Trademark Silver Bars, featuring a classic prospector and his donkey, are guaranteed .999 fine silver and available in 1, 5 and 10 ounce sizes and SilverTowne is currently offering free shipping for these ingots.  Contact Silvertowne today.
 
[Disclaimer] Shawn Ozbun is not a licensed financial adviser, there is risk associated with all investment including gold and silver.  You should seek advise from a licensed financial expert before making a purchase.