Gold and Silver Coin Investments

~ Welcome to Flying Eagle Gold & Silver ~

As the continuing upheaval in the American financial markets have shown, the paper economies of the world are proving to be incredibly fragile - and the dollar is proving not to be immune. If you don’t believe it – keep your eyes on the daily market headline. With the current roller-coaster ride being provided by Wall St. and the disaster in the sub-prime mortgage markets, which has affected the entire building and residential real estate markets (with the commercial debacle beginning to unfold) – we seem to be in the early stages of the next depression.

The U.S. Dollar seems to be getting hammered continually on the global stage, while gold and silver - not only seem to be holding their own - but reaching record heights on a daily basis. The historical importance of owning gold coins is well known throughout the world and the greatest opportunity for diversification exists today by adding historical, or collectible gold and silver coins to your physical holdings. This may be the most affordable “wealth insurance" you'll ever own. (More...)

A Nickel's Worth of News

Failed Banks May Get Pension-Fund Backing as FDIC Seeks Cash

The Federal Deposit Insurance Corp. is trying to encourage public retirement funds that control more than $2 trillion to buy all or part of failed lenders, taking a more direct role in propping up the banking system, said people briefed on the matter. (Read More)

John Embry: As Confidence Returns, Gold Will Rise

I think we're getting very close to the point when a greater proportion of the public realizes the degree of difficulty that sovereign debt is in. And at that point, when you can't depend on your government paper as a safe haven, I think that fact puts gold in a much better light in more people's eyes. (Read More)

Economists trim 2011 U.S. growth forecast

U.S. economists raised their forecast for economic growth in 2010 in March, the third straight monthly rise, while trimming their growth forecast for 2011, according to a survey. (Read More)

Willie: Breakdown in the Gold Market

A great disconnect exists in the gold market between the exchange futures contract price (the paper price) and the gold bullion paid price for transactions (the physical price). The differential in price is growing wider, enough to place tremendous pressure on the gold market itself. Look not to the gold premium paid for purchases, but to high volume purchases in the tens of million$. (Read More)

Defaulted Loans May Haunt Seniors

A little–noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old. Social Security benefits are off–limits to creditors, such as credit–card companies and banks. But the U.S. can collect debts to federal agencies by "offsetting," or withholding Social Security and disability payments. (Read More)

Class Warfare's Next Target: 401(k) Savings

You did the responsible thing. You saved in your IRA or 401(k) to support your retirement, when you could have spent that money on another vacation, or an upscale car, or fancier clothes and jewelry. But now Washington is developing plans for your retirement savings... In plain English, the idea is for the government to take your retirement savings in return for a promise to pay you some monthly benefit in your retirement years. (Read More)

List of Troubled Banks at 16-Year Peak, F.D.I.C. Says

After weathering the nation’s worst run of bank failures in nearly two decades, the Federal Deposit Insurance Corporation announced Tuesday that it had added 450 institutions to its list of challenged lenders in 2009 and warned that the industry was likely to remain under stress. The number of so-called problem banks rose to 702 at the end of 2009, compared to 252 at the beginning of the year. (Read More)

Gold is the best way of measuring wealth

The latest numbers for producer prices showed more inflation than was expected. Gold has gone up about 300% over the last 10 years. But what does that mean? Does it mean gold has gone up? Or that the dollar has gone down? (Read More)

US inflation to drive up gold prices

Gold Prices are likely to strengthen significantly in the long-term as a result of projected inflation in the US, it has been warned. Some economists forecast that by 2020, interest payments on national debt and entitlement benefits such as Medicare will account for 80 per cent of federal revenues. (Read More)

Greenspan: U.S. recovery "extremely unbalanced"

(Reuters) - WASHINGTON - Former Federal Reserve Chairman Alan Greenspan said on Tuesday the U.S. economic recovery was "extremely unbalanced," driven largely by high earners benefiting from recovering stock markets and large corporations. Small businesses and the jobless are still suffering from the aftermath of a credit crunch that was "by far the greatest financial crisis, globally, ever" -- including the 1930s Great Depression, said Greenspan in an address to a Credit Union National Association conference. (Read More)