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Hamilton Police say they’ve gathered over 500 fake U.S Silver Eagle coins sold across the city over the past few months. from CBC News: Hamilton coin collectors and pawn shops are getting duped. Police are warning that fake U.S silver eagle dollar coins have been circulating in the city and have been sold to various establishments over the past few months. “You wouldn’t be able to tell the difference (with) the naked eye. The coins [...] By Denise Wilson, Staff Writer11:00 AM Friday, February 24, 2012 FAIRFIELD — A weak economy and families struggling to pay bills and put food on their tables is forcing some people to search their homes for gold, silver, coins and unusual items to obtain extra cash. At JS Gold & Coin, people are selling rare coins like a 1799 silver dollar that is worth about $12,000, a 1883 Carson City silver dollar valued [...] I could get silver dollars at the bank for one dollar in 1963. Same silver dollar today is $30 bank debt notes and buys twice today what it bought in 1963. Dow in 1963 was $700. Dow in 2012 in real silver dollars is $600. I think that is about right. The baby boom caused the run up from 1971 to 2000, the bubble in stocks and real estate, and the [...] kingworldnews.com With gold trading at $1,800 and silver above $35, today King World News interviewed John Embry, Chief Investment Strategist of the $10 billion strong Sprott Asset Management to get his take on where he sees gold, silver, the US dollar and the mining shares headed. When asked about the action in gold and silver, Embry responded, “The recent low on gold (at $1,530) was contrived. If I would have asked [...] Silver Update 10/26/11 – Dollar Vigilante – Part 1 Dollar Vigilante http://www.dollarvigilante.com/blog/ Original Source kingworldnews.com With gold still hanging around the $1,650 level, today King World News was given exclusive distribution rights to an extraordinary piece of legendary technical analyst Louise Yamada’s “Technical Perspectives” report. This information is never made available to the public and we are grateful to Louise for sharing her incredible work with KWN readers globally. Please Read the Rest @the ORIGINAL SOURCE Original source Yesterday in Gold and Silver The gold price jumped about fifteen dollars to around $1,490 spot in early Far East trading. The price then spent the rest of the Friday trading day wandering around without much conviction within ten bucks of that price…and closed the day up about twenty three dollars from Thursday’s close. Nothing much to see here folks, although the volume was pretty [...] Please listen to the Audio @ the ORIGINAL SOURCE Original source I think what we need to do is compare what is happening now to 2009 when silver was in backwardation the last time. Over a period of just about two months silver rose 40% from approximately $10 to $14, and that rise in price eliminated the backwardation.” Listen to the audio @ the ORIGINAL SOURCE Original source With gold and silver up and the dollar down, today King World News interviewed James Turk out of London. When asked about the dollar Turk stated, “There are so many important things happening here today, but what I am focusing on is how weak the dollar has been. The key is the dollar index took out its low from last November. The way I see [...] With gold and silver consolidating recent gains, today King World News interviewed John Hathaway, Senior Managing Director of the Tocqueville Gold Fund. There is a great deal of talk emerging about the strength in the silver market and the weakness of the US dollar. Regarding silver Hathaway commented, “Well it’s on fire obviously. Usually when silver does well you have a set of inflationary expectations.†Original [...] With silver closing over $29 today, King World News interviewed the head of one of the largest silver producers in the world, Pan American Silver CEO Geoff Burns. When asked if he was hearing anything regarding continued reports of shortages in the silver market Burns stated, Really only anecdotally. I have heard that the end users on the commodity side are having trouble locating [...] |
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