View our coin catalog
Get Started Now
1.888.502.3222
Full Name
Email
Phone

Take Physical Delivery
*Valid Information required*
  • Gold IRAs
  • Coin Catalog
  • History of Gold

  • What analysts are saying
    • Steve Forbes "A return to the gold standard by the United States within the next five years now seems likely, because that move would help the nation..." Human Events: "Forbes Predicts U.S. Gold Standard Within 5 Years" (5/11/2011)
    • John Embry - $100.00 (no period cited) "We haven't even really seen money start to significantly flow into hard assets... it's going to have an outsized impact on the price [of silver and gold.]... King World News (July 2011)
    • Doug Casey - $5,000 (by end of 2013) "Gold could hit $5,000 an ounce in the next couple of years, as paper currencies in the United States, Europe, and Japan drop in value..." Mineweb (03/2011)
    • Tom Fitzpatrick - $100.00 (no period cited) "While the high so far this year was at the same level as the peak in January 1980, we are not convinced that the long-term trend is over yet." Bloomberg (July 2011)
    • Hal Lehr - $2,000 (in 2011) "Gold, which reached a record on May 2, may surge a further 30 percent by [2012] as investors seek to protect themselves from 'economic uncertainty'..." Bloomberg (5/2011)
    • Peter Krauth - $250 (no period cited) "...silver prices could reach as high as $250 per ounce before the silver bull finally stops running." Commodity Online (May 2011)
    • Robert McEwen - $5,000 (by end of 2015) "Gold is a favored asset relative to equities and other assets. In times of financial stress, you have people going towards precious metals and hard assets..." CNBC (4/2011)
    • Dr. Stephen Leeb - $200 (by August 2013) "My guess is that 24 months from now, that silver coin you are holding that you bought for $35 or $40, you are going to see a $200 tag on it." King World News (August 2011)
    • John Paulson - $4,000 (in 3-5 years) "Gold prices could go as high as $4,000 an ounce over the next three to five years, as the U.S. and U.K. flood the money supply." Wall Street Journal (5/2011)
    • David Morgan - $75 (no period cited) "The next leg up [for silver] could take out the $50/oz. level after a few tries and then not look back until establishing a new nominal level of $65/oz. - $75/oz. Silver demand is growing for both industry and as an investment." The Gold Report (August 2011)
    • Jim Sinclair - $5,000 "Looking for a major upturn in gold as soon as June and targeting $5,000 as a longer term objective." Mineweb (5/2011)
    • Charles Oliver - $50 to $100 (next few years) "...the long-term story for precious metals is still very firmly intact." Reuters (May 2011)
    • Christopher Wyke - $2,000 (by 2012) "Gold has been going up for the past ten years, but we think gold is going to continue to rally over at least next five years..." Professional Advisor (3/2011)
    • Louise Yamada - $2,000 (in next year) "Gold looks fine as it is moving to a new high. Gold remains in a structural bull market that was initiated in 2002." King World News (3/2011)
    • Peter Krauth - $86.75 "An important metric to understand and watch is the silver-to-gold ratio. It tells you how many ounces of silver it takes to buy one ounce of gold..." Silver Price Forecast" (12/2/2010)
    • Mac Slavo - $50.00 "Based on just the supply/demand equations, the price of silver should continue to rise and approach its historical silver-to-gold ratio..." Silver Will Be Worth More Than Gold" (12/31/2010)

Decline Of the US Dollar



In 2013, the Federal Reserve will celebrate 100 years of taking from the American people their income tax and gold. They will raise their glasses, toast one another, laugh and say what suckers the American people are.


In 1913, the Federal Reserve Act granted sole authority to the Federal Reserve to act as a banking cartel, not a governmental branch with the right to issue legal tender and in effect steal from the American people their money in the form of income tax.


The dollar bill has experienced greatly depressed purchasing power of more than 95% since the Fed began printing legal tender in 1914 and has gained momentum more like a snowball going downhill.


But its very rapid progression toward zero value feels more geometric than arithmetic.


The year the Fed began circulating dollar bills, 1914, the mints also inserted 700,000 new $10 Indian Head Gold Eagle coins. Once the working citizens had possession of the coin, each would buy its face value in goods or services, $10. Similarly, the crisp new $10 bill of the Federal Reserve would buy $10 worth.


Over the ensuing 98 years, successive Federal Reserve Chairmen have attempted to protect the purchasing power of their paper money, their soft money, leaving the Gold Eagles to take care of themselves. The value of this unprotected "hard money", the Gold Eagles, shot skyward, and the soft money which had the Fed's "protection" disintegrated. Considering the chemical make-up and actual metal content of the 1914 $10 Indian Head Gold Eagle, its worth today is around $800.00, while the 1914 $10 bill is still worth ten dollars.


From a different perspective, we can consider the similarly divergent paths of two $50 bills. On the one hand, a 1913 "Gold Certificate," issued by the US Treasury and completely convertible into gold; on the other, a $50 bill issued by the Fed in 1914, convertible into nothing. Both circulated in American commerce with no limitations.


One possessing the $50 Gold Certificate actually was in possession of 2.41896 troy ounces of gold, at the fixed rate of US $20.67 per troy ounce, a calculated value of $49.9999032. Until 1933 when Franklin D. Roosevelt made it illegal to hold ownership of gold, these certificates could be redeemed at any bank or from the US Treasury on demand, at any time. Referred to as the "Great Gold Robbery" President Roosevelt, who should have outlawed the Federal Reserve System at the same time, forced the American people to turn in their gold and gave it to the Fed.


Hypothetically, consider two buddies who might have lived in 1914. Joe, the first guy, buries a $500 rainy day fund in his back yard, a stack of ten $50 Ulysses S. Grant bills. The other guy, Fred, took ten $50 Ulysses S. Grant Gold Certificates into his bank and exchanged them for gold. Fred then buries his gold in his back yard, too.


Years and years pass, the stashes forgotten. Heirs of these long-deceased friends decide to start a garden in each back yard and happen upon the stash. Joe's heirs find the ten $50 bills, which have a current worth of $500. Fred's heirs, however, find his gold with a current value of $40,000!


The protection of the purchasing power of the dollar is better left to a blind pig than a Federal Reserve Chairman., but finding a blind pig who wants the job is next to impossible.


Notably, the 15 Most Important Issues list of the Tea Party and other Patriot Groups does not include the Federal Reserve. It should be, however, the top item on the list because they are more dangerous than standing armies.


In summary, "there's a thousand people chopping at the limbs, but only one chopping at the roots."