Previously, we gave you our opinion on which types of bullion (non-collectible) precious metals to buy. They were the ones that were either very liquid (most easily converted into cash when cash is needed) or they have the lowest margin spread (the difference between the buy and sell price at a given spot market price). […]
Buying precious metals – in this case gold and silver – can be intimidating. They’re expensive and certainly possess a level of risk. But so do every single kind of financial instrument on the planet, whether you’re talking about stocks, bonds, cash, real estate or agricultural commodities. You limit your risk with any type of […]
There’s an uproar in the media about asset seizures and the seemingly, “We don’t care,” attitude by various government agencies. I started in banking back in 1977 while attending college. I eventually moved up the ladder and was put in charge of a department that received all of the subpoena requests from the various local, […]
Editor Note: One of the reasons I don’t disclose the name and address of my precious metal business on this site is that it’s a totally separate business, and I don’t want to appear to be steering you to my shop, ala, “My store is better, come and buy from me.” BoomerPreps, however, does sell, […]
An interesting development in international banking is in the works. This isn’t going to immediately tip over the US economy and financial system. But it’s definitely another Jenga block being removed from our financial foundation. First, some background: The BRICS Nations (Brazil, Russia, India, China, South Africa) have been getting together for the past few years with […]
I saw an interesting article on how many wealthy folks are looking to diversify their portfolios by investing in, “treasure assets”. These are works of art, antiques, rare cars and other collectibles. More and more, they’re buying numismatic (collectible) coins. “In the environment that exists right now, where the Dow is very high … most […]
