Precious Metals Stuck in Neutral But That Could Soon Change

Where are gold prices headed?

  • Gold and silver continue to be stuck in trading ranges, but last week’s move by Treasuries could help push the metals out of those ranges.
  • A stronger dollar might limit any move to the upside as could a continuation of generally good economic reports in the U.S. that, last week, showed inflation rising.
  • Demand from China and India are still key as we approach June, the worst month of the year for precious metals.

Gold and silver prices continue to be range-bound, for gold around $1,300 an ounce and for silver between $19 and $20 an ounce, but with the recent break-out for another safe-haven in Treasuries last week, it’s possible the metals will soon break free of their recent trading ranges as well. Unfortunately for gold bulls,

Precious Metals Investing, Wealth Building Strategies

Time to Get Out of Bitcoin Now?

Bitcoin prices are plunging after the Mt. Gox exchange went offline and closed all transactions. CNBC’s Mary Thompson details the problems plaguing bitcoin.

Mt. Gox, one of the currency’s biggest exchanges, just went offline and took hundreds of millions of USD worth Bitcoin equity with it. Mt. Gox had claimed in the past that it handled about 80% of all global trades for BTC/USD. Issued a statement? Planned downtime? Nope, neither. It just

Precious Metals Investing, Wealth Building Strategies

Terry Sacka Talks Shadow Statistics & Real U.S. Economic Data on The Wealth Transfer Show

Terry Sacka on The Wealth Transfer show on the Christian Television Network discussing U.S. economic statistics. Not the numbers you’re fed through the media, but the shadow statistics that come from shadowstatistics.com, giving you a real look into the raw U.S. economic data. This data will give you shocking numbers on inflation, unemployment, and money printing by our government that directly impacts the future of your retirement. This will help you

Precious Metals Investing, US Economy, Wealth Building Strategies

Terry Sacka: Is Gold and Silver a Good Investment Anymore?

Is Gold and Silver Still a Good Buy for 2014?

With prices falling and the media saying its bad what is true?  Consider this, the U.S. and most of the industrialized world is embarking on a massive currency printing campaign, currently $85 BILLION per month in the U.S. alone, with $TRILLION$ already printed in the last few years.  All through history thousands of currencies have been created and to date EVERY one of them has gone to

Precious Metals Investing