Forums: Silver Jubilee Government Degree College

Silver has a nasty habit of taking people by surprise. Of all the metals, precious or base, it is the one with probably the most potential. On the one hand, it finds more and more industrial uses each year. On the other, it's also a monetary metal, like gold. So investors seek more and more of it because of its value as a hedge against the debasement of money by governments. Yet months, years even, can go by without the metal apparently doing anything it's 'supposed' to. Then, suddenly, just as your back is turned, it will dramatically spike up....

The Dollar Is Dumped, As Gold And Yen Break Out To Brand New Highs Joe Weisenthal Sep. 7, 2010, 9:36 AM Hello risk aversion. We start with gold, which is perking straight up, and would be at a record high if it closed here. The other big one is dollar yen. The yen has hit a 15-year high.[snip]

The prospect of even a small exploration drilling program near the site of one of the worst U.S. natural disasters in modern memory has environmentalists blowing their tops. As Ascot Resources announced they have begun exploration drilling on the Mt. Margaret property , a former Duval Corp. property located in the St. Helens Mining District of Skamania County in Washington State, Oregon-based environmentalists say even Ascot's small drilling program has no business disturbing the Mount St. Helens National Monument.

Wary investors are buying gold and silver despite signs of improving home sales and consumer confidence in the U.S. Gold for December delivery rose $11.10 to settle at $1,250.30 an ounce Tuesday, its highest level in about two months. Silver also settled higher. A new report shows consumer confidence is improving but concerns about unemployment linger. Another report says home sales are better, but much of the improvement was traced to government tax credits. The economic worries also are causing energy prices to retreat, while grains are mixed.

Bags of 90 percent silver U.S. coins with face value of $1,000 have taken on new popularity, said Greencastle, Ind., dealer Julian Jarvis at the American Numismatic Association convention in Boston in Aug. 11. This has pushed the price up beyond melt value, an unusual event, Jarvis explained. He said this new demand has occurred in the last month or two and it comes “a lot from people who never bought silver before.” He said he doesn’t know why newcomers would be focused on these bags. Interest in silver American Eagles remains high, but premiums are at fairly normal levels...

History is being made. The American public has never been no nervous, perhaps fearful of something dreadful and imminent. The global monetary system is crumbling. The typical stimulus has failed to jumpstart the USEconomy. The 20 months of near 0% short-term official interest rate has failed to revive the moribund US housing market. The phony FASB accounting rules has failed to accomplish anything except a stay of execution for the big US banks, which do not lend much. In fact, the US banks are largely dead entities showing enough life for to receive USGovt largesse aid. Witness the failure of...

Gold futures printed their highest settlement in nearly two months Wednesday as investors wanted the perceived safety of the metal following weaker-than-expected U.S. new-home sales and disappointing durable goods reports. Futures for December delivery, the most-actively traded contract, rose $7.90, or 0.6%, to settle at $1,241.30 an ounce on the Comex division of the New York Mercantile Exchange. It was the contract's strongest finish since June 30. "The market just extended its recent flight-to-safety rally," said Bill O'Neill, a principal with Logic Advisors in Upper Saddle River, N.J. . SNIP The metal isn't that far from its all-time high above...

$1 coin: Americans have hoarded $1 coins since the early years of the Republic. The first silver dollars minted by the US government in 1794 are rare, so rare that one of them sold for more than $1.2 million this weekend at a Boston auction. And there's a reason for their scarcity: Even back in the first years of the Republic, people hoarded dollar coins rather than spend them. The story goes that on Oct. 15, 1794, chief coiner Henry Voigt coined 1,758 of the silver dollars and delivered them to David Rittenhouse, director of the US Mint, according to...

This video is an unexpected lesson in precious metals and money.

Nothing can save our financial system in the long run.  It is doomed to collapse. This is inevitable, because our government controls and manages its very foundation -- the dollar. The federal government began its takeover of the dollar in 1913 when it established the Federal Reserve Banking System. Prior to that the dollar was a real store of value. In the period from 1783 to 1913 there was a long period of currency stability with virtually no inflation. If you saved one dollar in 1800, your great grandchild could buy roughly the same amount of goods with the...