Letter From APMEX:
Dear XXXXX,
The United States Mint has suspended sales of gold and silver yet again. 2009 has seen an unprecedented demand for the 2009 Gold American Eagles and 2009 Silver American Eagles as investors have clamored to secure their assets and protect their wealth against the rising tide of inflation.
This suspension in sales is temporary as the U.S. Mint continues to produce these highly sought after coins. At APMEX, we have a very limited supply of both 2009 Gold American Eagle and 2009 Silver American Eagle coins in stock and ready to ship. Buy your gold and silver bullion coins now while they are still available in the marketplace.
Mint shortages have traditionally caused a significant increase in premium – however, at APMEX, we still have these coins available at very reasonable prices. Buy your gold and silver coins today before market conditions change more and prices are driven up from excessive demand.
The news from the U.S. Mint comes on the heels of the recent news of gold's all-time highs. It seems like every day, gold reaches a new high! Already this morning, gold reached $1,186.30 per ounce as investors continue to react to major financial news about gold.
News like this will only drive demand and prices higher, and supplies lower. Get your 2009 Gold American Eagle and 2009 Silver American Eagle coins at APMEX while we still have a supply to meet our customer's needs.
Buy your gold and silver online today at www.APMEX.com!
Respectfully,
David McCarty
Director of Marketing
American Precious Metals Exchange
Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
Obama Unemployment Would Not Exceed 8% With His Plan
The stimulus passed and where are we? 10.2% Unemployment! Any who believed in Obama's change I hope has woken up. He is just like all the other politicians. Just watch some of his videos like this one below. To save you the time just skip to 1:10 in it so you can hear him say that without his "stimulus" unemployment would reach double digits. Well the stimulus passed... WE'RE HERE!
We are without jobs, we are without a balanced budget, we've got banks falling left and right, we've got an insolvent FDIC, we've got record foreclosures, we've got the Fed monetizing our debt, we've people dumping the dollar (Most notable recently is Warren Buffett buying the railroad and China buying tons of Gold and Copper.), we can't raise the rates because of all of the ARMs that are resetting. America: WE ARE PAINTED INTO A CORNER.
If we don't raise interest rates we will have inflation, if we raise interest rates we'll have another housing crisis. If you aren't preparing for the worst then you will be sorely dissappointed in the future my friends, because we haven't seen anything yet!
An Over Zealous Approach To Ending The Recession
It appears that many people, Ben Bernanke included, believe that by shouting "The Recession Is Over!" repeatedly, that the recession will magically end. They use lots of "meaning killer" words like "may," "might," "should," and the like to basically make their statements null.
"The recession may end soon," "The recession should be ending by the next quarter" these are meaningless sentences designed to provoke confidence in consumers who lack the ability to read these words properly. There is a phrase that I will paraphrase here: "Calling tops and bottoms is a fool's game." That sounds befitting here.
But few realize that chanting something like "there's no place like home" will not return you home, and chanting "the recession is over" does not end the recession. As far as I'm concerned, if it takes two consecutive quarters of negative GDP to put you into the recession, then it should take two consecutive quarters of positive GDP to get you out.
"The recession may end soon," "The recession should be ending by the next quarter" these are meaningless sentences designed to provoke confidence in consumers who lack the ability to read these words properly. There is a phrase that I will paraphrase here: "Calling tops and bottoms is a fool's game." That sounds befitting here.
But few realize that chanting something like "there's no place like home" will not return you home, and chanting "the recession is over" does not end the recession. As far as I'm concerned, if it takes two consecutive quarters of negative GDP to put you into the recession, then it should take two consecutive quarters of positive GDP to get you out.
