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(The stories that telemarketers tell to sell over-priced coins) Many gold and silver dealers foster the circulation of many myths, misunderstandings, and outright lies about the purchase and sale of gold and silver. Generally, these misconceptions and falsehoods promote the notion that the government may again call in gold as it did in 1933 and that “reportable” transactions are preludes to confiscation.
by Ron Paul by Ron Paul <img src="http://s7.addthis.com/static/btn/lg-share-en.gif" width="125" height="16" border="0" alt="" /> <img src="http://www.lewrockwell.com/buttons/revolution-manifesto.gif" width="200" height="300" align="right" vspace="7" hspace="15" usemap="#rpbook" border="0"> Before the US House of Representatives, April 2, 2009
Lew Rockwell interviews Burton S. Blumert. This was the first LRC podcast, and appropriately enough, it featured the great Burt Blumert, LRC’s publisher.
by Burton S. Blumert by Burton S. Blumert This speech was delivered at the Steve Sjuggerud Conference in Long Beach, California on Wednesday, January 28, 2004. At breakfast a nice young man set aside his French toast to ask me, "Burt, how do I know if a coin dealer is reliable?" I answered without hesitation. " To start with, make certain he has been in the business at least 43 years 7 months and 11 days — Make that 12 days."
So you've decided to buy some gold bullion . Great move. The price of gold has surged to $890 this week with no signs of looking back. If the price of gold does correct, it will be a great opportunity for savvy investors to accumulate more.
JOSH LOFTIN/None Originally published May 22, 2011 at 1:19 p.m., updated May 22, 2011 at 9:10 p.m. SALT LAKE CITY (AP) - Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being "as good as gold." To make that point, they've turned it around, and made gold as good as cash. Utah became the first state in the country this month to legalize gold and silver coins as currency. The law also will exempt the sale of the coins from state capital gains taxes.