Silver Bars Direct

18 May 2010 25 views No Comment Email This Post

Here’s a great video of Robert Cohen, portfolio manager and Goodman & Co, an investment fund in the top 2% in terms of returns.

He explains the reasons for the recent spike in gold prices and says that he expects gold to continue to appreciate for at least another decade if not several more.

If you want to protect your money against inflation buy gold and silver, and mining stocks!

• University of Maryland Professor Calls for $3,000 Gold With the failure of Italy and the European Union imminent, Dr. Peter Morici, professor of economics at the Richard Smith School of Business at the Univesity of Maryland is calling for gold prices to hit $3,000 per ounce. “With the implosion of Italy,” says the University of Maryland’s Peter Morici,......
• HyperInflation In The US: Possibility Or Reality? Here's an exceptionally well made video by the National Inflation Association. If you don't believe in hyperinflation (or even if you do) this eye-opening video will entertain and educate you regarding the historical currency devaluation that several other countries have faced and the total break down of economies like Zimbabwe.......

• Gold breaks $1,100: Does It Matter? Last week, gold prices briefly touched $1,100/oz before settling just under that number.  Apparently the Indian government decided to sell US dollars and make a 200 ton gold purchase from the IMF, which created the spike in gold prices. Right now, the spot price for the yellow metal is $1,106.......
• How (and Why) I Added Gold to my IRA. Why invest in gold? [/caption] Gold is a well known hedge against inflation, uncertainty and a falling dollar. Since this pretty much sums up the environment we've been living in for the past decade, it's easy to see why the value of gold has been on the rise. But that's......
• The Answer Is Yes. A couple of days ago, I wondered if the stock market was a little over-priced.Today I received an email from one of the many free investing newsletters I subscribe to and the echoed a similar sentiment.“The NASD, a brokerage regulator, recently sent out an ‘alert’ to investors outlining the risks......
• Sunday Money Roundup - Stocks and Things Welcome to this week's edition of the SMR. Browse by category for your weekend reading material. What other categories would you like to see here? Let me know - leave a comment! College | Home: Kirberts says you can be in the school you want with affordable student loans. School......
• Prosper Ordered to Cease and Desist by SEC http://www.sec.gov/litigation/admin/2008/33-8984.pdf It appears to me that the ruling is that they have been selling unregistered securities without a license.  What does that mean for the lenders?   Doesn't the board and company officers have some personal liability too? There is some discussion at prospers.org: http://www.prospers.org/forum/prosper_order_to_cease_and_desist_by_sec-t10903.0.html No one seems sure just yet... SEC: UNITED......