Why Investors Are Buying Silver As If There Is No Tomorrow

The price of silver has been absolutely exploding lately.  It has reached heights not seen since the Hunt Brothers attempted to corner the silver market over three decades ago.  But this time there are no Hunt Brothers to blame for the stunning rise in the price of silver.  So exactly why are investors buying silver as if there is no tomorrow right now?  Well, the truth is that there are a lot of reasons.  Investors have been flocking to precious metals such as gold and silver as the value of paper currencies has declined.  The euro is incredibly weak right now and the U.S. dollar appears to be on the verge of a major collapse.  In fact, the entire financial system is highly unstable right now.  In such an environment, investors seek some place safe to park their money, and right now gold and silver are seen as safe harbors.  But gold and silver have not been going up in price at the same pace.  So why is silver outperforming gold so significantly? (Read More...)

Gold And Silver Are Thriving While The U.S. Dollar Is Dying

Have you heard the news?  Gold hit another new record high on Thursday.  It reached $1447.40 before settling back a bit.  Most people responded to that news with a yawn.  Why?  Well, because it is happening so frequently these days.  It seems like the price of gold is constantly setting a new record.  Silver likewise is thriving.  The price of an ounce of silver briefly hit $38.13 on Thursday.  That was the highest price for silver in 31 years.  But most people also responded to that news with a yawn.  Why?  Well, because the price of silver always seems to be going higher these days.  Meanwhile, the U.S. dollar is struggling.  The ICE Dollar Index fell to 75.340 earlier this week.  That was the lowest it has been since December 2009.  Even at a time when the sovereign debt crisis in Europe is flaring up again and there is tremendous instability all over the world the U.S. dollar still can’t find much traction.  In fact, many are convinced that the U.S. dollar is on the verge of another major fall.  So what in the world is causing all of this? (Read More...)

47 Statistics That Indicate That Economic Stress Points In 2011 Could Be Setting The Stage For A Global Economic Meltdown In 2012

Is the world approaching a devastating global economic meltdown?  Right now there are a large number of factors that are creating economic stress points all over the globe.  All of the crazy money printing that the Federal Reserve and other central banks have been doing is putting inflationary pressure on agricultural commodities, oil and precious metals.  Massive floods, horrific droughts and extreme weather patterns all over the globe are ruining crops and creating food shortages.  Some nations are now actually hoarding food, and in other nations rising prices have sparked food riots.  The price of oil has been moving back towards $100 a barrel, and if it stays at a high level for an extended period of time that is going to have very serious consequences for the global economy.  In addition, the growing sovereign debt crisis could erupt again at any time.  Half a dozen nations in Europe are on the verge of insolvency, Japan’s national debt is now well over 200 percent of GDP, and the global financial system is growing increasingly concerned about the exploding national debt of the United States.  The truth is that the entire world financial system is a house of cards balanced on a razor’s edge and it could come down at any time. (Read More...)

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