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Silver Price Explosion?

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Does a silver price explosion lie just ahead?  Ben Davies, in an analysis prepared exclusively for kingworldnews.com, lays out a case for a silver price explosion.  Davies is CEO of Hinde Capital, London. Although Davies sees trading opportunities, long-term buy and hold investors can take solace in Davies’ analysis.  If silver does enjoy a [...]

China to eliminate death penalty for smuggling gold and silver

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Among 13 crimes set to no longer carry the death penalty in China is the smuggling of gold or silver.  The proposed amendment to China’s criminal statutes would reduce the number of crimes punishable by death to 55. That China has in its laws the death penalty for smuggling gold or silver shows just [...]

New 1099 Reporting

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New 1099 reporting rules buried in the Obama’s health care legislation — if they go into effect — will have a major negative impact on precious metals dealers and their clients. Just as bad, the new regulations will have a harmful impact on all businesses. Legislation has already been introduced to repeal [...]

Just how big IS a TRILLION???

When discussing the national debt crisis, it amazes me how easily most Americans can talk about a 13 trillion dollar debt without falling out of their chairs. Is it because they don’t realize the severity of the issue or because the average American does not come across the word “trillion” in their daily vocabulary? [...]

If you hold physical bullion you will hold power.

We are a wealth preservation firm that offers financial protection through the ownership of physical bullion. What makes us different from other precious metal institutions is that we not only provide the metal directly to your door, (unlike those that issue certificates) but we will offer you our knowledge and constant updated materials pertaining to [...]

Huge reduction in LCs’ net short position in gold

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Most gold and silver investors are in precious metals because of macro (big picture) economic and financial circumstances in which the world now finds itself after seven decades of Keynesian economics and statist politics.  These investors are content to take positions in the metals and hold them, while maybe adding to their positions as [...]

The Strange Case of The Liberty Dollar

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Anyone interested in creating coins for use as a medium of exchange would be well advised to become familiar with the foundations of our currency laws; namely, Article I, Section VIII of the U.S. Constitution. It states clearly that “The Congress shall have Power…To coin Money, regulate the Value thereof, and of foreign Coin, [...]

Why Did Silver Coinage End in the United States?

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“If we had not done so, we would have risked chronic coin shortages in the very near future.” President Lyndon Johnson commented before Congress just prior to his signing the Coinage Act of 1965, the law which fundamentally changed the composition of America’s coinage. The new Act set the stage for the complete abandonment [...]

Solving the Valuation Disparities of Voluntary Barter in a Fractured Economy

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A breakdown in the viability of a national currency might cause dissonance in prices for goods and services which, under normal circumstances, tend to remain relatively uniform from region to region. For example, the price of an hour of labor performed by a cabinet maker, or the price of a gallon of gasoline normally [...]

CMIGS may close early Friday for long Independence Day weekend

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CMI Gold & Silver Inc. will be closed Monday, July 5 in celebration of Independence Day, and we may close early Friday, July 2 to give our staff a long three-day weekend.  If you call late in the day Friday and get a recording disclosing that we are closed, then it is a long [...]