"What great customer
service! I know I can always rely on CMI Gold & Silver to resolve any
issue."
-H.S.,
Flushing, NY
I have never traded gold.
I just accumulate it.
Richard Russell, editor The Dow Theory Letters.
For the facts on "reportability" and confiscation, read CMIGS'
Myths, Misunderstandings, and Outright Lies.
Despite gold not being used as money today, Americans are investing in gold as never before. Why? Because gold investing is a means to security during periods of financial anxiety and economic turmoil. But, why gold? Because gold has a six thousand-year history of stability. Buying gold for investing purposes is a move toward financial security during this period of dollar weakness, which may last for years. On this site, you will find thorough discussions about the most popular forms of gold investing to meet today's challenges. To determine if investing in gold is right for you, we suggest you start with our Gold Bullion Overview.
Platinum has become an indispensable metal in today's high-tech economy. For a discussion as to platinum's merits as an investment, click here.
In past precious metals bull markets, investing in silver instead of investing in gold, has provided greater percentage gains because silver historically has outperformed gold in precious metals bull markets. Now, because of the huge--and growing--industrial demand for silver, silver investing could result in tremendous profits in future years.
Yet silver's bulk and weight make silver an unwieldy investment for some investors. The silver section on this site will help you determine if investing in silver is right for you. For a quick look at the various silver investments, start with our Silver Bullion Overview.
Palladium has also become essential in today's economy. For a discussion about palladium's investment merits, click here.
Recent Blog Post
The sad history of paper money
July 24,
2008
The
sad history of paper money is that it is printed until it is worthless.
This is to say that whenever paper currencies are de-linked from gold or
silver (made no longer redeemable in gold or silver), politicians print those
currencies until they are worthless.
In no case did any politician come forth and say, "Our currency is now
no longer redeemable in gold or silver, so let's print it until it is
worthless." In all instances, the politicians thought they had good
reasons to print.
The most infamous destruction of a paper currency occurred in post World War I
Germany. The Germans had lost the war, and the French demanded
reparations. Coupled with the costs of reconstruction, Germany turned
to the printing presses.
The French, ironically, had their own sad encounter with paper money
during the French Revolution (1789 – 1799), which was eloquently documented by Andrew Dickson White,
cofounder of Cornel University, in his Fiat Money Inflation in
France.
Continue reading this blog
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