By Eva Kovacs

Silver The Undervalued Metal

So where’s our Silver Cinderella!
Like gold, silver’s fate now lies in the hands of the individual investor and institutions. Regal Assets!
The advent of gold and silver exchange-traded-funds (ETFs) over the last decade has resulted in a massive consumption boom as these funds lunge after physical supplies.
Silver industrial demand has historically closely tied to the global economic cycle. But industrial demand has now taken a back seat to ETFs. Provided ETFs continue to command a larger percentage of total available supplies in the silver market, spot prices will continue to rise.
“I also suspect most money managers,” says Eric Roseman, Editor of Commodity Trend Alert “including pension funds, have yet to allocate meaningful positions to silver. And as prices bust through the next resistance level of $21 an ounce, this will change – and rather quickly.
Silver’s high in this rally was $20.78 an ounce in March 2008. We should hit that level and violate resistance before the year is over, possibly during the first quarter in 2011.
Silver’s inflation-adjusted price since 1980 is $128 an ounce. And it’s quite possible we’ll reach half that threshold before this bull is laid to rest.
I would use every correction as an opportunity to accumulate silver.
Investors should concentrate their silver investments in physical bullion, mostly in coins. This includes the Canadian Maple Leaf and U.S. Silver Eagles. I’d also complement this asset class allocation with a few large-cap silver mining companies like Silver-Wheaton (NYSE-SLW) and Fresnillo (London SE-FRES.L). If you’re looking to “polish” up your portfolio for the long haul, you should buy silver now, before it hits $75 an ounce, Eric Roseman, recommends.
A Pause on the Road to $75 an Ounce
His forecast (ever since 2002) continues to peg silver hitting at least $75 an ounce in this bull market. But between the bear and the bull….here’s a little lesson of reality:
For those in the know, forget it, but those in the not know, or without full clarity about the bull and bear scale with its ups and downs and the bumps and grinds, this odd relationship, goes like this: The “bull” and “bear” are the oddest friends in the market jungle…to describe them comes from the way each animal attacks their opponent. The bull thrusts its horns up into the air while a bear swipes its paws down. So, you see, the actions of these animals are also the metaphors for the movement of a market. If the trend is up, it’s a bull market. If the trend is down, it’s a bear market.
Just keep tuned to Regal Assets each week on how it yo-yo’s so they can tell you when to buy silver and gold … and when to cash out and enjoy the best returns for getting in at the right time.
Opportunity is brewing here with Regal Assets, gaining an edge on the masses. It’s not just a gold company selling you coins at half-assed prices, but a relentless pursuit to give you life-changing wealth innovative opportunities.
But if you missed any of this week’s messages I have given you, pour a glass of Merlot and catch up. Puh-lease! Don’t get crushed by an erratic market. We are here to help and guide you: 1-888-700-9887 begin_of_the_skype_highlighting 1-888-700-9887 end_of_the_skype_highlighting or visit www.regalgoldcoins.com.

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By Eva Kovacs

China Emerging As A Global Leader

“Hot off the press!”

China has the gold! It has overtaken Japan to become the world’s second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty. Now, just depending on how fast its exchange rate rises, China is on course to overtake the United States and vault into the No.1 spot sometime around 2025, according to projections by the World Bank, Goldman Sachs and others.
Oh, so the world will definitely not end in 2012. Thanks World bank, Goldman, Sachs and others for your assurances!
Okay, illuminate me further… “yes indeed,” Yi Gang, China’s chief currency regulator, mentioned the milestone in passing in remarks published on Friday. “China, in fact, is now already the world’s second-largest economy,” he said in an interview with China Reform magazine posted on the website (www.safe.gov.cn) of his agency, the State Administration of Foreign Exchange. Cruising past Japan might give China bragging rights, but its per-capita income of about $3,800 a year is a fraction of Japan’s or America’s. So roar on Tigress…with every roar of your performance gives us caution to signal right and turn left!

“China is still a developing country, and we should be wise enough to know ourselves,” Yi said, when asked whether the time was ripe for the Yuan to become an international currency.

China is a leading member of the Group of 20 rich and emerging nations, which since the 2008 financial crisis has become the world’s premier economic policy-setting forum.
But, in one important respect, China is still a shrinking violet: anxious to shield itself from the rough-and-tumble of global markets, it does not permit its currency to be freely exchanged except for purposes of trade and foreign direct investment.” (Additional reporting by Zhou Xin; Editing by Ken Wills)

Also, in an assessment disputed by Beijing, “the International Energy Agency said last week, that China has surpassed the United States as the world’s largest energy user.” Well, at least they had a savoir faire to brush us off lightly! Even though Beijing doesn’t agree…here are some facts to back that up…Look at the size of a 4000 year old Tiger compared to a 200 year old Red/White and Blue, using oil, gas, coal, Hydro electrics, nuclear power, geothermal wind, solar energy, wood—and then compare the population of 280 mil Americans to 1300 mil Chinese…. But, CAN IT BE SUSTAINED? That’s another question.

Back on home turf, I have something to tell you. Are you sitting down?

“Last week, three Democratic senators publicly advocated extending the 2003 Bush tax cuts scheduled to expire at the end of the year. That’s right. Three senators from the political party that since 2003 have bashed those tax cuts as a sop to “the rich” have suddenly decided that it’s not a smart idea to let tax rates go up when the economy is as weak as it still is.
These three bright fellows are Evan Bayh (Ind.), Kent Conrad (N.D.) and Ben Nelson (Neb.). All honor to them for having the political courage to do the right thing for the economy, even if it means going against the conventional wisdom of their party.

News of their conversion broke the evening of July 21. The following day, the S&P 500 index gained 2.3%.
Here’s the logic behind Bayh, Conrad and Nelson’s decision.

First and foremost, they’re thinking about jobs — and with the unemployment rate at 9.5%, everyone in Washington ought to be thinking the same thing. Bayh, Conrad and Nelson understand that the prospect of higher taxes on “the rich” next year is holding back job creation.”

Instead of focusing on the negative, stuff that changes daily, hoard your stash your physical gold and silver, and the best way to use this strategy is to do your research and prepare at Regal Assets. If you stay on your toes you’ll be ahead of making a topsy-turvy volatile economy into a lifetime of opportunity! Call 1-888-700-9887 begin_of_the_skype_highlighting 1-888-700-9887 end_of_the_skype_highlighting or visitwww.regalgoldcoins.com.

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By Eva Kovacs

The Hidden Health Care Bill

So, what is this next Shoe Dropping?

This is no hocus-pocus, thanks to the new reporting requirements sneaking into the health care reform bill. I just read that “Every U.S. business, and individuals as well, will be forced to obtain the tax ID number and/or the Social Security number of everyone with whom they do more than $600 worth of business in a year.
This is not a joke, but you need to know that this does take effect on Jan. 1, 2012 — and it applies to all U.S. business and private transactions.” Says Bob Bauman (July 27, 2010)…

“Americans are already outraged by President Obama’s new health care law. And now, many are up in arms about a little-noticed provision buried deep in the 906 pages of that law,” says Bob.
“The 2010 Patient Protection and Affordable Care Act” (Health Care Act, P.L. 111-148) contains a sneak provision (IRC §6041(h)) that is set to directly impact you. This law requires any person engaged in a trade or business to file an IRS Form 1099, reporting all payments totaling $600 or more in a calendar year to any single person, other than a tax-exempt corporation (non-profit).
No, they don’t care to know who donated $600 to a local animal rescue. Only that Joe Schmo sold you an old pick-up truck for $750 for your lawn service company. He’d better pay tax on that transaction! And you are responsible for getting him the forms and, at the same time, submitting them to the IRS.

And when you mail off your rent check for your equipment bay, guess what? Time to send the old 1099s to the IRS and your landlord.” Bauman report, (July 27, 2010)…
If you don’t believe me, let me reiterate, not even the Starship Enterprise traveling to the Delta Quadrant 300 thousand light years away will save you! You get it? You and I will be subjected to this new legislation and will affect every American!

There’s a bigger Goblin out there with a few relatives!

“Even corporations are affected. That’s right. That John Deere lawnmower you just bought? Again, you’ll need to mail a 1099 to the IRS and to John Deere.
Until now, IRS 1099 forms have been used to track and report miscellaneous income paid for services of independent contractors or self-employed individuals.”
I thought these games were over a long time ago when we formed the constitution of the United States and the free enterprise! I don’t know what you think, but is this the highest good of all concerned? And, yes, it is your beeswax to be concerned. Why??? Read on…

The Really Scary Part…is

Precious metals such as coins and bullion fall into this new 1099 category and U.S. coin dealers are among those most outraged by the new law.
And it’s on privacy buffs’ and freedom lovers’ radars for another reason.
Those who remember history recall that Americans’ freedom to own gold (except for jewelry, dental, and numismatics) was made illegal after 1933, when President Franklin D. Roosevelt issued an executive order prohibiting gold ownership.

Those who value their right to own gold note the obvious: You might want to stay on the financial defensive ‘cause you will need it to make physical gold and silver purchases before January 2012!

The 1099 reporting rule will tell IRS agents who owns gold and where they live.

Will this administration confiscate your only “sovereign currency”?

My thoughts are, ethics or no ethics, the minute this conquest is achieved, kaput ethics and hello black-market…Either your grateful kisses cover the hand of the tormentor, or your hair will stand up like a cockatoo ruffle with a very short fuse, just to pull yourself out of the net, which only become more tangled!

It remains to be seen of course, however, here’s what you can do to protect yourself now: “Gold you store yourself in a safety deposit box or private vault to which only you have access doesn’t appear to be reportable — yet.”
“Fortunately, as this provision doesn’t go into effect until January 2012, you have more than a year to “stock up” on gold and silver bullion. I’d suggest acting fast — the metals are typically in a slump through Labor Day, after which gold demand picks up.
“There’s still more than a year for this provision to be replaced, possibly by a friendlier Congress in 2011. But regular additions to your gold and silver bullion stockpile today will alleviate a potential headache of paperwork tomorrow.
If you’ve been making excuses to put off your purchases of gold and silver, Congress has just given you the best reason to take action and protect yourself today.” Says Bob Bauman

So stay defensive and safe, and stay sovereign. That means time to really polish up your portfolio. No matter what happens, a sound defensive is—gold—and you might bulk up now with small easily visible quantities of silver, cause’ by the time gold and silver hit their respective peaks, the world as we know it will still be here after 2012, but will have changed dramatically. To get your precious metals purchasing in before 2012 make sure you visit www.regalgoldcoins.com the nation’s leading precious metals firm.

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By Eva Kovacs

FDIC Is In Hot Water

Banks are failing throughout the world…but lets get to the bottom of the page, help is on the way!

Joe Schmo wrote: “Yes, we will have fewer banks after the recession is over, but fewer more risky blood sucking banks.”
Oh boy…But wait…keep on reading this is serious stuff…
No, its not a pretty picture in Europe either
Seven of Europe’s 91 largest banks could not survive an unexpected decline in economic growth or a sharp deterioration in the value of European government bonds.

And what about our home Turf—USA

This just in:

103 bank institutions are forced to close in the wake of the financial crisis.
Friday evening, July 23, 2010, the FDIC announced seven more bank failures, bringing the totals to 103 so far this year and 270 since 2008. The seven banks closed had collective assets of $2.16 billion and deposits of $2.02 billion.

Their closings cost the FDIC an estimated $431 million, about 21% of deposits. So far this year, bank closings have cost the FDIC an estimated $18.5 billion.

Five of the seven closings were accomplished with the FDIC entering into loss-share agreements with the acquiring banks. That means, in effect, that the FDIC makes a guarantee to the acquiring bank that assets it has taken over from the failed bank will not decrease in value beyond a pre-agreed limit.

In connection with those five closings this week, the FDIC entered into loss share agreements covering an additional $1.25 billion in assets. So far in this crisis, the FDIC has entered into loss share agreements covering about $180 billion.
Once again, these failed banks demonstrate the tremendous impact of the housing market distress nationwide!
So you guys, I’m moving to Mars next week, if you have any boxes…
But wait a minute…

Having said that, I called the American housing market ridicules yesterday, it’s only fair that I point out “there’s a surprising rebound in the hardest-hit markets,” said Brad Hunter, chief economist with the consultant Metro study. “People are buying again.” From the recession’s lows, construction has nearly doubled in Las Vegas, Phoenix and Tucson. It is up 74 percent in inland Southern California and soaring in Florida. Oh, I get it! So, now were building new homes. Bankrupt the old ones, buy new ones, but with the bank situations failing, who’s gonna’ carry the mortgages…Oh, its free you say?

Hold off the boxes! I’ll just take a rain check on Mars!

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By Eva Kovacs

Did you just say China and Japan is jumping ship?

Yes, you’re right, I can’t ignore this one! Are you absolutely sure? I recall growing up, my mother always said, according to the Bible; two gigantic markets will rule the post-dollar world: one in Europe, focused on Germany, and one in Asia, focused on China and Japan. Strange how it’s coming to fruition! The way these two markets will grow to dominate trade, and will do so at our expense, just hit me like a slingshot!

Sure, we made mistakes…who hasn’t! It’s no secret that our government is bleeding the single greatest gushing of red ink in history, but really, are we talking Hyperinflation here?

Just how much is our total U.S obligations—I mean the gross federal debt outstanding, plus the net present value of unfunded liabilities?—$ 66 trillion, you say? Unbelievably high! These numbers are truly beyond my conception! I can’t even write these figures down…How many zero’s…oh never mind…

But, but, but, how do we save America from such disaster! We are, the people of the United States of America, and have been the primary source of benevolence, which has given capital throughout the world for whomever needed it. It was we, us who owned big stakes in foreign economies, not Europe and Asia; we certainly didn’t need their capital to sustain us. So what’s this dark cloud over our Lady Liberty, the very pedestal my former countryman, the Hungarian born Joseph Pulitzer (noted for the Pulitzer Prize) helped to erect? Why do I suddenly feel more and more like the way we look—a third-world country–a charity case!

So, while the ordinary schmo sits rustling his newspaper he hasn’t got the faintest idea of what’s going on as usual…or anybody for that matter!

Dang! How much do we owe these ‘Chinese Tigers?’…
Their foreign exchange reserves, valued at $2,399.2 billion at the end of December 2009 (not inclusive of Gold), include only $894.8 billion in US Treasury bonds. In contrast, the US must issue or roll over $702 billion in debt in 2010 and a total of $2.55 trillion in Treasuries to be issued this year, while $3.7 trillion in US Treasuries are held abroad.

China holds the world’s largest stockpile of reserves, worth some $ 2.5 trillion. And they just cut their U.S. treasury holdings by $32,5 billion in May, but it still holds $ 867.7 billion, making it the largest holder of U.S. government debt in the world. In the past China has repeatedly threatened to use the so called “nuclear option” and liquidate its vast holding of US treasuries in response to continued pressure on the Communist state to force a Yuan evaluation. Such will trigger a dollar crash for sure, which will be disastrous for us! Further reports have suggested that Senior Chinese military officers have proposed selling U.S. bonds en mass as a way of “punishing” Washington. I think to get out of this mess, its time to pitch the White House as a new Reality Show!

Yuan vs. Dollar = One World Market?

The People Bank of China just issued a report that should have sent shock waves through our financial markets. “To avoid the shortcomings of sovereign credit currencies acting as reserve currencies, we need to create an international reserve currency that can maintain the long-term stability of its value.” The primary one would be today is the U.S. dollar. In other words, China does NOT want to own dollars anymore! They want a new international currency of their own! This would put the dollar in direct competition with their Yuan? Eeek!

But the scary part is that if the Yuan becomes part of the SDR, it gets instant legitimacy as a global reserve currency and then it goes head-to-head with the dollar on international markets….

Gold in the Year of the Tiger?

Prominent economists in China are calling for their government to further ditch vast holdings of US Treasuries in favor of tangible assets such as gold, a move that will have far reaching impact on the economy. Reuters reports that Yu Yong Ding, a former academic adviser to the Chinese central bank has appealed to state representatives to move away from U.S. debt and invest in assets denominated by gold.

So when, not if China starts dumping more U.S. bonds, the bottom is going to fall out of our bond market and our dollar, which is already freefalling without a parachute and slowly becoming worthless…

How do we turn dog kaka into Caviar!

Facts:

Being #1, the largest holder of U.S. Treasury bonds: China with $894 billion and Japan in the # 2 spot with $768 billion, both blaming the United States for wrecking the global economy in agreement with India, Brazil, Russia, France and Germany, we Americans have more then just a rising uncertainty about the dollar. We have what its called; no one is paying much attention to the activity happening in Asia three weeks ago. Too many reality shows keep us occupied with hamburger and hot dogs!

Japanese cohorts with China

The irony is, America is completely blind to the catastrophe heading its way. We might have not known everything there was to know about world economics 10 years ago, but we knew Japan was the wave of the future. Nine out 10- biggest banks in the world were Japanese, Japan carried huge trade surplus with us. American CEO’s were practicing their bows from the waist in preparation for greeting their new masters.

But, just today, President Hu Jinato of the China and Emperor Akihito reached agreement on promoting China-Japan strategic relationship of mutual benefit in all-around way for both…and if that meant dumping the dollar, it was sealed in a void carried by the wind.

Are we Deaf and Dumb?

“American leaders seem blind to the looming dollar revolt.” Says one report, “Global economies are in crisis! Unemployment rolls are soaring! People want answers and solutions! The jobless will demand action, and culpable politicians will look for scapegoats and distractions. The first step, blaming the U.S. and its currency for the global recession, has already begun. A new global currency—and leveraging it to knock the U.S. down—will be the solution.”

Gold rush throughout Asia

Zhang Monan, of the powerful think tank The State Information Center, commented that China should replace increasing of its foreign exchange reserves with hard assets such as gold. Japanese, with 2.1% of the nations gold reserve, owning 25.4 billion in gold says the same…both in cohorts with each other…Make no mistake, China’s gold demand is not only real but big and rising. And with the largest population on earth, of any other country, the buying power of the citizens of China is massive!

Anyways, the move could send gold prices back toward record highs following yesterday’s recent slide.

Remember that old Chinese proverb, “Man who speak with forked tongue is blowing golden smoke and is about to buy so much gold he has to carry it with his forked tongue lift!”

So, how was your day? Follow what China and Japan are doing buy gold! If you have any plans of retaining the value of the dollar do yourself a favor and visit www.regalgolcoins.com the number one precious metal dealer in the nation.

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