finemetalz 
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Image via Wikipedia Investing in bullion coins, whether gold or silver, makes sense in shaky economic times when the value of fiat currency is questionable and inflation looms. Peace of mind, confidentiality and privacy are very important to the precious metals coin buyer when purchasing coins. Whether or not you trust the IRS and the ...
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Image via WikipediaFinancial services giant Citigroup has increased its long-term outlook for gold prices. Citigroup forecasts that “gold is likely to regain $1,000/oz by end-2008 and to w …
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Image via Wikipedia Investing in bullion coins, whether gold or silver, makes sense in shaky economic times when the value of fiat currency is questionable and inflation looms. Peace of mind, confidentiality and privacy are very important to the precious metals coin buyer when purchasing coins. Whether or not you trust the IRS and the ...
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Image via Wikipedia Of all the tricks devised by thieves and politicians, the debasement of coins must go down as the oldest con game in history. And yes, it’s still working on a gullible public. The elderly among us remember the disappearance of the $20 gold piece in the 1930s. Most baby boomers remember the ...
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Image by Getty Images via DaylifeFew investors would have predicted that Fannie Mae and Freddie Mac, America’s largest owners of mortgages, would go bankrupt so suddenly. Unfortunately, we believe that this is to be the start of a long string of such disastrous collapses in both large and small financial or banking institutions. Today, we ...
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The Bank of Japan voted on Friday (10/31/08) to cut its key interest rate for the first time in more than seven years, finally joining central banks around the world in trimming borrowing costs to cushion the impact of the global financial crisis.The Bank of Japan policy board voted in a rare 4-4 split decision ...
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Evidence of a recession piled ever higher on Friday (10/31/08), with new figures showing Americans are spending less and gloomy about the economy, while the government signaled it won’t buy stock in the financing arms of auto companies to prop them up. The Commerce Department reported consumer spending dropped a sharp 0.3% in September while ...
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U.S. consumers have increased the amount of money they save and use to pay off debt, study shows.Uncertainty about the future of the economy has led many Americans to save more and pay off more debt, according to a study released on Tuesday (10/28/08).A survey from First Command Financial Services showed that Americans are feeling ...
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Barclays faced criticism on Friday (10/31/08) for allowing Middle Eastern states to take a more than 30% stake in the bank as it sought to avoid taking cash from the British taxpayer to boost its balance sheet.The intricately structured financing - under which the Abu Dhabi owner of Manchester City football club will become the ...
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Chaos in the financial system may translate into better than expected bonuses for Wall Street.Yes, you read right. While the outlook is pretty grim, at least compared to last year’s $33.2 billion US bonanza, compensation consultants expect a 30% to 50% decline in payouts this year, but billions will still flow.The bonus pool is being ...
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