You can dream about these prices or maybe remember the day!!!!!
Note at the very bottom of the order form, it says, "If person ordering is married and order is over $100, both husband and wife must sign the order form. And check out the “GASOLINE POWERED IRON” – whew.
The U.S. supposedly exited the recession in June of 2009, but are we truly on the road to recovery? What has improved since then? Have prices gone down on any goods or services you can think of? Things to ponder…..
The housing industry continues to feel tremendous strain. New housing construction is at a 40 year low and some predict will not improve until 2015.
Unemployment figures, official and real, continue to increase. While the official rate is around 10%, some economists believe the rate is closer to 22% since the government does not account for the long-term unemployed who have stopped their job search. We can expect that the housing market will not start to improve until people are back to work.
The government is attempting to stimulate the economy by quantitative easing, or printing money. It is intended to replace the lack of spending normally done by individuals and corporations, but only serves to increase our nation’s debt figures.
Anyone approaching or already at retirement age has legitimate concerns about the country’s ability to fund social programs such as Social Security and Medicare. Those not at retirement age are wondering if these programs that they pay into will exist by the time they are eligible for them.
We are seeing the first signs of pensions running out of funds as a result of the benefits promised exceeding the level organizations have provided for. Depending on how many of these plans run out of money, the Pension Benefit Guaranty Corporation (PBGC), who insures certain benefits under private defined benefit pension plans may be up against an unforeseen amount of claims. What levels will they be able to handle before they run out of funds as well?
The cost of healthcare is increasing dramatically and affects an organization’s ability to stay profitable and in many cases the rising costs are passed on to employees. Obama Care plans to solve this problem, but there is significant uncertainty relating to the design of the plan and the delivery of healthcare services.
The cost of tuition is rising exponentially. Are college aged students really receiving a better education than students who graduated 15 years ago? The answer is no, so why has the cost gone up more than 400%? Even parents who are still gainfully employed may not be able to cover the exorbitant tuition costs facing them and if they can’t, what kind of financial burden does that place on today’s youth who will be graduating with a mortgage-sized student loan?
Now, look outside our country’s borders. The current economic crisis is not just a problem for the U.S., but has created global instability in many other countries including Greece, Portugal, Ireland, Iceland, Spain and Italy.
The majority of Americans have either been, or have had someone close to them, directly affected by one or more of the above circumstances. As a result, we have seen a large increase in the number of customers investing in gold and silver for the first time. People’s concerns are not unfounded and we hope that everyone is taking whatever steps they deem appropriate to protect their financial future.
Gold Demand Trends Q2 2011 18 Aug, 2011 Originally posted on www.gold.org
The World Gold Council's Gold Demand Trends (GDT) is the leading industry resource for data and opinion on world-wide gold demand. Our quarterly publication examines demand trends by sector and geography. The most recent review of the second quarter of 2011 comprises four sections;
Overview - Summary of the factors driving gold demand in Q2 2011, together with forward looking views and opinions on the dynamics and trends in the gold market at a regional and sector level*.
Focus Report - A topical in-depth focus piece on Vietnam, Indonesia, South Korea and Thailand
Global gold market - Second quarter 2011 review – demand and supply synopsis.
Gold Demand Statistics (GDS) - Gold demand and supply statistics for the quarter. These statistics are supplied by Thomson Reuters GFMS.
In this GoldMoney segment, James Turk, Director of The GoldMoney Foundation, talks to Jim Sinclair, host of JSMineSet.com, about his successful gold price predictions, US debt problems, how to ride the trend and the second phase of the gold bull.
Jim Sinclair talks about a formula/theory that Jesse Lauriston Livermore used called “the square of the numbers.” Jim Sinclair’s father, Bert Seligman was a business partner of the famous Stock Operator Jesse Lauriston Livermore.
Sinclair discusses a barrier, whether psychological or not, of the price in gold at $1764. This key theoretical price is the price that which confidence is lost in the markets and growth in gold price can go exponential. James Turk continues on to discuss the fundamentals of gold, the debt ceiling, the dollar, euro, fiat currency, sound money, the banking system and markets.
THE PHOTOS YOU ARE VIEWING TELL THE GRIM STORY AND ARE JUST ONE TINY EXAMPLE OF OUR INFLATED DOLLAR, WHICH HAS LOST ANOTHER 30% OF PURCHASING POWER WITHIN THE PAST 3 YEARS ALONE. YOU ARE WITNESSING THE BEGINNING OF HYPERINFLATION WHICH IS THE DISASTROUS END RESULT OF PRINTING TOO MUCH PAPER (FIAT) CURRENCY. THE OLD ADAGE "AS GOOD AS MONEY IN THE BANK" DOES NOT APPLY ANY LONGER. THE MONETARY SITUATION IS GRAVE -- TAKE A LOOK AT WHAT IS HAPPENING IN EUROPE. WE FEEL IT CAN HAPPEN HERE. REMEMBER, GOLD AND SILVER ARE RISING IN RESPONSE TO THE DEVALUATION OF THE ONCE MIGHTY DOLLAR (AS GOOD AS GOLD). A SAFE HARBOR AHEAD LIES IN OWNING HARD ASSETS.
Large paper towel roll bought 2 years ago. Cost: $1.59 per roll. Thick paper. Small roll purchased yesterday. Cost: $2.29 per roll. Inferior, thinner paper.
FOR THOSE OF YOU WHO ALREADY OWN PRECIOUS METALS, YOU MAY WISH TO INCREASE YOUR POSITION IN GOLD AND SILVER. PREDICTIONS VARY FROM $2000 TO $2500 AN OUNCE FOR GOLD BY YEAR'S END. WE USED TO CONSERVATIVELY RECOMMEND 10 TO 15 PERCENT OF YOUR ASSETS IN PRECIOUS METALS, BUT WE BELIEVE THAT FIGURE IS NOW TOO LOW. IF YOU ARE NEW TO BUYING PRECIOUS METALS, PLEASE CALL OUR OFFICE WITH ANY QUESTIONS.
THE PHOTOS ABOVE ARE A VISUAL WAKE-UP CALL AND YOU MAY WISH TO THINK ABOUT THE DISASTROUS DEVALUATION OF YOUR WEALTH SITTING IN SAVINGS ACCOUNTS, CHECKING ACCOUNTS, 401KS AND RETIREMENT PLANS.
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