elcome 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
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
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
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
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
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
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
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
China Reserves Ample to Buy World’s
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
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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
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They are affordable, portable and easy to stack and store. Popular
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[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