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
Before I get into all that, lets have a look at this mornings precious metals pricing.
Gold - $1351.30 Up $0.22
Silver - $22.56 Up $0.00
Platinum - $1466.00 Up $7.50
Palladium - $748.00 UP $1.00
Peter Schiff Gold surge is just getting started
Gold has been rallying since the debt ceiling was raised, and this is just the beginning of a much bigger rally. As the market wakes up to reality that we are heading back into recession, this is going to be very bullish for gold and gold is going to reach new highs well above $2000.
He was asked if he was just as optimistic on silver. He said his biggest personal holding is in Silver. He said he's very bullish on silver and recommends that everybody have both gold and silver.
You have to own things that will go up when the dollar goes down. He mentioned metals, agriculture and oil. He's bearish on the US dollar.
So in a nut shell my friends. Expect inflation, and expect the dollar to fall against other currencies. He is also predicting that the fed will increase how much is bring printed, which is great for gold but really bad for all of us and our economy. Read More...
Gerald Celente Warns On The Economic Collapse Of 2014
If there’s one thing that should be clear, it’s that nothing the government or their banking partners have done to solve the economic crisis has been for your benefit. They’ve enriched themselves, yet again, on the backs of the American people.
All the while, they’ve told us that everything is getting better. But anyone who’s paying attention know that nothing of the sort has happened.
There’s fear and hysteria running through the entire global financial community, because as everybody knows all they did was postpone the inevitable.
I’m saying to everybody out there, If you don’t have your money in your pocket it’s not yours.
…
Any self-respecting adult that hears McConnel, Reid, Boehner, Ryan, one after another, and buys this baloney… they deserve what they get.
And as for the international scene… the whole thing is collapsing.
That’s our forecast.
The mayhem that went on at Walmart when people couldn’t cash in their food stamps.
Multiply that by tens of millions. Multiply that by a breakdown in society.
We are saying that by the second quarter of 2014, we expect the bottom to fall out… or something to divert our attention as it falls out. Read More...
The Growing Rift With Saudi Arabia Threatens To Severely Damage The Petrodollar
The number one American export is U.S. dollars. It is paper currency that is backed up by absolutely nothing, but the rest of the world has been using it to trade with one another and so there is tremendous global demand for our dollars. The linchpin of this system is the petrodollar. For decades, if you have wanted to buy oil virtually anywhere in the world you have had to do so with U.S. dollars. But if one of the biggest oil exporters on the planet, such as Saudi Arabia, decided to start accepting other currencies as payment for oil, the petrodollar monopoly would disintegrate very rapidly. For years, everyone assumed that nothing like that would happen any time soon, but now Saudi officials are warning of a "major shift" in relations with the United States. In fact, the Saudis are so upset at the Obama administration that "all options" are reportedly "on the table". If it gets to the point where the Saudis decide to make a major move away from the petrodollar monopoly, it will be absolutely catastrophic for the U.S. economy.
The biggest reason why having good relations with Saudi Arabia is so important to the United States is because the petrodollar monopoly will not work without them
Read More...
Census Bureau: Means-Tested Gov't Benefit Recipients Outnumber Full-Time Year-Round Workers
Americans who were recipients of means-tested government benefits in 2011 outnumbered year-round full-time workers, according to data released this month by the Census Bureau.
They also out-numbered the total population of the Philippines.
There were 108,592,000 people in the United States in the fourth quarter of 2011 who were recipients of one or more means-tested government benefit programs, the Census Bureau said in data released this week. Meanwhile, according to the Census Bureau, there were 101,716,000 people who worked full-time year round in 2011. That included both private-sector and government workers.
That means there were about 1.07 people getting some form of means-tested government benefit for every 1 person working full-time year round. Read More....
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.
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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 purchase.
