Personal Finance Spending & Saving


  • Economy & Politics
  • Investing
  • Personal Finance
  • Related Posts

    The Best Way To Get An Edge On Retirement Savings
    New Report On The Cost Of Kids: Reading Between The Lines
    New Research Helps Explain Why Elderly Are Prone To Sleep Problems
    Antibacterial Soap Exposes Health Workers To High Triclosan Levels
    The World’s 54 Most ‘Liveable’ Cities
    Why Do More Men Commit Suicide?
    How Your Pension Fund Became A Casino
    Employees Are Falling For Roth 401(k)s
    WHO Urges ‘Exit Screening’ Of All Travelers In Ebola-Infected Countries As Reported Cases Go Parabolic
    We Are Spending Way Too Much To Raise Our Kids
    More Bad News For Obamacare
    Simple Ways To Boost Your Savings
    Money Lessons In ‘Jetership’
    3 Powers Of Attorney Everyone Needs
    Aussie Startup StockSpot Seeks To Shake Up The Wealth Management Industry

    Storing Your Precious Metals

    There are many reports out now that some bullion banks are refusing to allow the withdrawal of gold. They are offering cash in place of the gold.

    We have cautioned you for several years now to take personal possession of your gold and silver and don’t trust anybody with it.

    This means avoiding so-called safety deposit boxes. They will be raided, and your gold and silver will be stolen. Avoid any and all so-called “storage vaults” or facilities. Store your personal gold and silver yourself. It is your life, so figure it out.

    The recent slam on gold and silver prices has caused some who bought precious metals on our advice to go wobbly. I feel sorry for newcomers to the gold and silver market who are worried sick because they think they will lose their money. Don’t worry. This is an opportunity, the last chance to cash in while prices of gold and silver are suppressed. So load up if you can find some to buy.

    During the last gold bull market, prices crashed in 1974 and 1975 before they took off again to all-time highs. And now we see the big banks led by JPMorgan going from record shorts to record long. This means they certainly expect this temporary suppression to give way to the most explosive advances imaginable.

    The base or platform is building, and we need to get ready for this last blast after an almost two-year correction. Monday’s rise in prices was a good sign that bottom may have been reached.

    What do I expect? A lulu crash on Wall Street. The pattern now of the Wall Street profile looks like the “jaws of death,” according to Robert McHugh. At the same time or thereabouts, I expect the huge blastoff in precious metals as well as the mining stocks, including the juniors.

    Your stocks and gold and silver should be fully paid for with no margin and above all, in your own hands. I hope that you have taken delivery of your actual stock certificates or at least have your stocks in the Direct Registration System.

    Discuss this Story:

    Comment Policy: We encourage open discussion. Comments including racist statements, profanity, name calling or spam will be removed at our discretion. We use filters for spam protection. If your comment does not appear it is likely because it violates the policy.

    How Building Maintenance Saves You Money
    The Recession’s Lost Generation Of Homeowners Isn’t Millennials — It’s The Middle-Aged
    India, Spain Testing Suspected Ebola Patients; Liberian Quarantine Center Raided
    Government Will Withhold One-Third Of The Records From Database Of Physician Payments
    Old Debts, Shady Collectors And Your Rights
    25 Money Terms Everyone Should Know
    Will Wildly Expensive Housing Devour The Economies Of Wealthy Countries?
    Ebola Outbreak “Moving Faster” Than Reported Cases Suggest, WHO Warns May Be Far Worse
    Staying In The 15 Percent Tax Bracket For Life
    Social Security Q&A: I’m Confused About The Spousal Benefit. What Do I Need To Watch Out For?
    Stated Income Loans Make Comeback As Mortgage Lenders Seek Clients
    This Ferrari Could Become The Priciest Car Ever
    5 Unconventional Ways To Use Your Accounts
    9 Financial To-Dos You Can Tackle In Under 10 Minutes
    Suicides Are Surprisingly High Among Middle-aged Men In The US
    The One Question About Ebola That Nobody Can Seem To Answer
    Here Is The Average Cost To Rent A 2-Bedroom Apartment In Your City
    U.S. Mortgage Applications Fall In Latest Week
    Debt: The Big Threat To A Happy Retirement
    20 Big Profitable U.S. Companies Paid $0 Taxes
    2Q Home Price Trends In 173 Metro Areas
    Many OK With Lower Pay For Bigger 401(k) Match
    How Ordinary People Retire With A Million Dollars
    Use Your Roth IRA To Save For Both Retirement And College
    French Government Denies Report Of ‘Several Ebola Cases’; Outbreak Accelerates At Fastest Pace Yet
    Cowboy State Most Expensive To Own A Car
    Why You May Not Need A Longevity Annuity In Your 401(k)
    How To Protect Your Finances From Cyber Hackers
    5 Money Habits Of Unhappy Couples
    Video Games: More Effective Than Antidepressants?
    Read more from Personal Finance...

    Liberty Investor Digest

    Get today's most important
    financial headlines all in
    one place by email!



    Sign Up For Liberty Investor Digest™!

    Get Liberty Investor Digest FREE By Email!

    Input your name and email address in the fields below and get today's most important financial headlines sent straight to you inbox!

    Privacy PolicyYou can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.