Darag Rennie

Gold & Silver Legal Tender

This is an interesting development.  Utah have legalized gold and silver as money.  Reversing Roosevelt’s 1933 legislation making it illegal. Now that should get you thinking:)! http://www.huffingtonpost.com/2011/05/22/utah-gold-standard-silver_n_865333.html Best Darag

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Silver Pullback not a time to freak

I used this pullback to trade out of some silver I had in ETF’s and put it into physical, as I’ve heard that’s better to have. I lost a bit on the transaction, which hurt, but I’m glad I made the move. At the same time a lot of people are freaking out about what [...]

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Silver & Gold – keep going up. Are you going with them?

As I said in an earlier post I’ve missed out on a lot of gains in silver and I find it’s hard to think about buying more when the price keeps ramping up even though the predictions are for a much higher price for the precious metals to come. At the same time I’m noticing [...]

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Could my losses be your gains?

You know there are a couple of times in the past decade where I was looking at 10-20% of our net assets in gold and silver.   The first time was in 2002 when silver was between $4.50 -5 an ounce.  What kept me away then was that I didn’t want to believe what I [...]

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