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The Mike Fuljenz Metals Market Report

May 2012, Week 3 Edition

The Gold Standard Worked Far Better Than the Current "Fiat Money" Era

Nearly all academic economists today say that the gold standard "didn't work," that it put nations in a "strait jacket" and led to greater and deeper depressions. But a December 2011 report by the Bank of England showed that the world grew much faster under the Bretton Woods (gold exchange) standard, in force from 1945 to 1972, than it did in the 40 years since then. From 1945 to 1972, nations grew the fastest of any period in the past 150 years. Inflation was far lower from 1948 to 1972 than it has been in the last 40 years. For instance, gold was worth a stable $35 from 1934 to 1971, but since Nixon closed the gold window in 1971, gold is up 45-fold. That means the dollar is down 97.8% since 1971.

The gold standard may return. The over-spending of governments virtually guarantees the return of gold. If that happened, the price of gold would most likely rise to $8,000 or more, but a pure gold standard is probably too radical for politicians to accept. If the public demands honest money in the future, politicians may be forced to use a "basket" of commodities, with gold and silver playing the primary role. In that case, you could expect at least a doubling, to $3500 or more, just to back up the currency in circulation.


Is Buffett Anti-Gold? That Depends on Which Buffett You Ask

The financial news channels were abuzz last week about the disparaging comments Warren Buffett made about gold. Buffett said gold has limited industrial demand and "will remain lifeless forever."

Perhaps Buffett is tired of people pointing to the superior performance of gold and silver over his stock, Berkshire Hathaway. Starting in January 1, 2000, Buffett's Berkshire Hathaway stock has more than doubled, rising 120%, but gold is up 446% and silver is up 435% in the same time span.

Buffett's parents were more respectful toward gold. Buffett's father, Congressman Howard Buffett, was the Ron Paul of his day. He wrote an essay in support of a gold standard, called "Human Freedom Rests on Gold Redeemable Money."



Michael Fuljenz Interviewed by FOX Business Network
Honored at World's Fair of Money

Michael Fuljenz Interviewed by FOX Business Network, Honored at World's Fair of Money(Rosemont, Illinois) - As gold prices soared, national news media obtained expert commentary and advice for investors from Michael Fuljenz, Numismatic Consultant for 1st National Reserve of Beaumont, Texas, during the Chicago World's Fair of Money(SM), August 16 - 20, 2011.






Why All Your Important Coins Should Be Certified.


According to one of the former U.S. Mint Directors, in 1998, the number of coin collectors in the United States was approximately two million. By 2001, this number had exponentially exploded to an estimated 60 million and counting. Largely as a result of innovative U.S. Mint programs, like the State Quarters and the Presidential Golden Dollars, this number has continued to swell. By late 2007, the U.S. Mint estimated the number of U.S. coin collectors to be approximately 140 million, nearly half of the entire population in America. The serious collectors among this group demand that their coins be certified. If you wish know more about the certification process and why it has become so important, please call us Toll Free at (800) 321-8700 and request a FREE copy of the article "Why All Your Important Gold, Silver and Platinum Rare Coins Should Be Certified". This in depth article, written by our Chief Numismatic Consultant Mike Fuljenz, received a Numismatic Literary Guild award for Best Article in a specialized category and it is your FREE just for the asking. Order your FREE copy today!

Annual Gold & Silver Bull Market Report

Learn the 12 bullish reasons why gold prices could reach $1,600 in 2011.
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$1500 Gold Matters

Our Spring 2010 newsletter explores the global events and circumstances that foreshadow the possibility for $1500 gold prices in our near future.
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Identity Matters: A Coin By Any Other Name Still Shines As Brightly

Our Spring 2010 supplement explores the many different names United States coins and paper money have taken on in popular culture and how, in may cases, the popular name is used more often than the numismatically correct name.
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Exploring The Device Symbology of U.S. Coins - Part III

With this issue, we complete our three-part series exploring the devices and symbols utilized on some of the most important United States coins of the last 150 plus years.
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Exploring The Device Symbology of U.S. Coins - Part II

With this issue, we continue with the second installment of our three-part series exploring the devices and symbols utilized on some of the most important United States coins of the last 150 plus years.
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Exploring The Device Symbology of U.S. Coins - Part I

With this first issue of 2009, we commence a three-part series exploring the devices and symbols utilized on some of the most important United States coins of the last 150 plus years.
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Great Coins. Great Collector

Coin collecting used to be called “The Hobby of Kings” because primarily wealthy aristocrats pursued it. Today, it has been rechristened "The King of Hobbies" – and far from being the province of the elite, it’s a thoroughly democratic pastime enjoyed by people of all ages, social strata and income levels.
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