News release from Forecaster Publishing Co. Inc., publisher of the
Forecaster Moneyletter in Tarzana, Calif.:
What do 2016 news events have to do with resumption of "safe
haven" status of gold & silver "hard money?"
"Quite a bit," says economist John V. Kamin of the
The company is celebrating its 54th anniversary in Tarzana, Calif.,
seeing gold and silver coins they've recommended climb. Publisher
says, "Many people own traditional gold and silver money, plus
latest gold and silver Eagles! Why stash 'hard money'?"
Connect with Coin World:
"Worried people allayed fears by owning gold and silver coins
for 1000s of years; financial wizards, traders, modern coin
collectors," says Kamin. Even U.S. government cooperating [in]
2016, through production at U.S. Mint, which happily makes $100
millions in profit each year, supplying traditional and new designs:
Lady Liberty $100 1-ounce-gold, half-ounce First Spouse gold, 1-ounce
USA Silver Eagle with $1 face.
Collectors willingly pay higher prices, because of the recent Wall
Street events, Iran nuclear deals, North Korea bombs & threats,
events taking place in Syria, Iraq, Turkey, Libya, elsewhere. No,
there are no more fixed prices on gold and silver, eliminated as 1970s began!
Economist Kamin says, "Russian ruble has been trashed. Greece,
Iceland, Portugal, Spain and other nations flirt with monetary
turmoil, while budget turmoil citizenry reject austerity. Millions of
immigrants ran away from their home countries, fleeing war and
disasters, while stable nations wonder what to do with millions of
refugees! Collectors of traditional hard money gold and silver USA
coins see gainful opportunities coming, unlike other collectibles:
stamps, Cabbage Patch dolls, Pet Rocks, fads."
Kamin was one of the original members of The National Committee for
Monetary Reform as the 1960s ended and 1970s began, helping to get
gold ownership legalized for Americans by 1974. He still publishers
Forecaster Moneyletter. For more information, you can write
to Forecaster, Dept. NR, 19623 Ventura Blvd., Tarzana, CA 91356, or
call 818-345-4421. A First Edition of latest Forecaster Report is