Coin News

The United States Mint announced the four designs for the upcoming 2012 Star Spangled Banner commemorative coins. Star Spangled Banner Commemorative Coin Designs – Gold and Silver The coins celebrate the writing of the national anthem, "The Star Spangled Banner" by Francis Scott Key, as well as the War of 1812. Up to 100,000 $5 [...]

The DJIA closed an extremely volatile 2011 up 5.5% at 12,217 (11,577) before dividend income is taken into account, which in terms of the indices is about the minimum return one should expect from long-term stock market investing, so as to beat Inflation. Now before readers start stating a string of indices that failed to [...]

The euro could become the world’s leading currency in the next decade if leaders of the single-currency bloc succeed in tightening fiscal integration, European Central Bank policymaker Christian Noyer … View full post on Currencies News and Information on Yahoo! Finance

Gold rose 1 percent on Friday, rebounding from losses earlier this week that sent the market briefly into bear territory, and the metal sealed its 11th consecutive year of gains. View full post on IBTimes.com : Gold

In previous posts, I’ve mentioned serious fiscal problems that need to be addressed at state and local levels. This varies by region and some issues are potentially solvable. I live in Illinois, which is ground zero for fraud, corruption, underfunded pension funds and general fiscal mismanagement. It’s an example of one of the worst fiscal [...]

Rarely has such technical destruction been visited on stalwart sectors such as gold, silver and the mining stocks(GDX). The silver charts reveal technical damage not seen since the destruction of 1984. It can only be conjecture that can account for a once in a generation obliteration of a once hallowed sector. It must be remembered [...]

Global economies and stock markets have always had a strong tendency to move in lockstep with each other. That tendency has become even more pronounced as global economies have become increasingly dependent on each other in international trade of their goods and services. So the divergences this year have been rather odd. View full post [...]

“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” – Mark Twain I published my predictions for 2011 on January 3, 2011 in my article 2011 – The Year of Catch-22. Humans evidently enjoy being embarrassed by how pitiful they are at predicting the [...]

2011 certainly was a difficult year for gold bugs. Gold barely held onto its gains for the year while Silver went parabolic and eventually fell to negative on the year. Mining stocks? Don’t ask. The large caps (gdx) are currently down 17% on the year while the mid-tiers (gdxj) are down 41% and the explorers [...]

China has become the $5.88 trillion question in the world financial equation for 2012. In an attempt to gauge the direction of this economic elephant, Cambridge House International is asking two China experts to debate the health of the second-largest economy at the Vancouver Resource Investment Conference January 22. We called the two speakers for [...]

A poll of 20 hedge fund managers, economists and traders conducted by Reuters predicts that gold prices will fall below $ 1500 an ounce over the first quarter of next year. View full post on IBTimes.com : Gold

The following series is excerpted from two classic issues of Robert Prechter’s Elliott Wave Theorist. Although originally published in 2004, the valuable series has been re-released in the Independent Investor eBook, along with over 100 pages of other reports that challenge conventional economic thinking. Here is Part IV of the series, you can download your [...]