Interesting times for sure. In this edition we address what happens in Cyprus and again how it all seems backwards. New gold (and silver) investors worry about a possible future confiscation of their physical metal while in the meantime governments just grab (steal) a hefty percentage from bank accounts.
The ECB confirmed "Bank savings are not safe". Confiscation is part of reality already when the money is kept in the bank account; chances of a gold & silver confiscation especially when held physical are minimal. You are able to move and hide your wealth but money in the bank is all in the open and it's quite scary at least for me.
As we are continously saying: The physical ownership of gold and silver is one of the very few ways to protect your assets. The current market climate in gold and silver is ideal so stock-up your inventory and if you have bought in the last 6 months all you have to is nothing. No worry-no fear, you are safe and an outside observer of what is happening.
We hope you find the informationan below helpful and educational.
All the best, sincerely,
Stefan Kramer CEO
Gold & Silver Market Update
Despite what occurred recently in Cyprus Gold logged another disappointing week unable to hold the $1,600 level. We continue to see the overall precious metals market stuck in a range not quite ready to break out. What is interesting...
The world today is facing an unprecedented set of economic challenges. These challenges have occurred throughout history, and always result in hyperinflation, war, or total economic collapse.
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