Tag Archives: silver

End of a Golden Era

Canada Says Farewell to Gold One upon a time most currencies were backed by gold. But in 1971 president Richard Nixon took the U.S. off the gold standard switching to a floating currency instead so its Central Bank can exert more influence over the currency, and other countries followed suit. Today, everyone uses fiat currency and gold is no… Read More »

Royal Canadian Mint’s 100 Oz Silver Bar Review

Purchasing a 100 Oz Silver Bullion Gold and silver may not be good investments, but I consider them to be a form of currency because they store financial value that can be easily exchanged for goods, services, or other currencies relatively quickly. 🙂 The idea of sitting on cash to stay safe and secure sounds innocent enough. But… Read More »

Buying More Gold

The U.S. government is nearing its maximum borrowing capacity. If Congress can’t agree on a budget soon they won’t be able to raise the debt ceiling which could mean disaster for the economy. I don’t think anyone is expecting the US to default, but there will probably be a lot of uncertainty in the next week. But one… Read More »

Canada’s Arctic Landscape – Silver Coin Review

The Arctic Landscape Silver Coin Earlier this month I purchased the Canada’s Arctic Landscape 2013 Fine Silver coin. It’s a 1 kilogram (2.2lb) 99.99% silver coin made by the Royal Canadian Mint. It can be bought either on the mint.ca directly, or through one of their third party vendors world wide. Either way, you can expect to pay $2,249.95 CAD. … Read More »

The Golden Purchase

The government of Cyprus (a small island country near Turkey) announced they want to charge a one time tax on all their citizens’ savings and checking accounts, up to 9.9% of their balance (O_o) This is so the country can qualify for a $13 billion bail out package which they so desperately need. It certainly sets a very controversial precedent for… Read More »