US Mint Raises Bullion 2010 American Silver Eagle Prices
September 30, 2010 by Tarek Saab · 2 Comments
The United States Mint has officially raised their wholesale pricing above spot on American Silver Eagles to all authorized dealers from $1.50 to $2.00, an increase of a whopping 33%. This news comes on the heels of a significant silver spot price rally over the last month to a new thirty year record over $22 […]
US Mint Silver Eagle Sales Nearing Domestic Silver Production
September 9, 2010 by Tarek Saab · 1 Comment
In Title 31 of the US Code, the United States Mint is required by law to supply “in quantities sufficient to meet public demand, one dollar silver bullion coins of specified size, weight, and design.” (Source) This law is widely referenced, and I have criticized the US Mint in the past when it fails to […]
Gold and Silver Premium Analysis, A Hard Look
March 23, 2010 by Tarek Saab · 1 Comment
Lost in the daily commentary about gold and silver prices is the actual cost of taking possession of these precious metals. Unless you trade in paper GLD or SLV, or you store your bullion in overseas vaults with companies like Goldmoney, the actual cost to purchase gold and silver can diverge from the COMEX spot […]
U.S. Mint Short on Savvy, not Supply
March 1, 2010 by Tarek Saab · 4 Comments
At the writing of this article, the first week of March 2010, the United States Mint is once again facing an extended "shortage" on silver American Eagles. Surprising? Hardly. This has become a regular phenomenon. The U.S. Mint strikes a beautiful coin which is coveted by nearly all precious metals enthusiasts. Its gold and silver […]
I Just Got Fired by the FBI (The U.S. Mafia)
April 6, 2009 by Tarek Saab · 1 Comment
In case you have been wondering what happened to GoldandSilverNow… Last Thursday, April 2, 1984 – I mean, 2009 – the FBI confiscated the code for each of my online businesses*. They seized all of our servers. They seized our backup servers, and the backups to our backups. As of this writing, everything I have devoted my […]
Something Borrowed, Something New
March 4, 2009 by Tarek Saab · Leave a Comment
A bug’s life is the life for me. Such was the anthem at the Phoenix Silver Summit in late February, where gold and silver bugs reveled in a fiesta of bullish numbers. Confronting a perfect storm of dour economic news, Roger Weigand, Ted Butler, and their newsletter-writing next of kin predicted a golden forecast for […]