Archive for Gold & Silver Investing

California drops scheme to cut petroleum use by 50%

California Governor Jerry Brown has abandoned a plan to require the state’s petroleum use to drop by 50% over 15 years. The amended bill, known as SB350, would still include other provisions involving energy efficiency and use of renewable energy resources. … Read More

Global Stocks and Commodities Dropping Like Stones

Just in the last 48 hours, there has been nothing short of financial carnage across the globe. The following is just a summary: Sunday night saw the Shanghai Composite Index (SHCOMP) drop 8.5%, its largest crash since 2007 and the … Read More

Is the gold and silver ratio shrinking or growing?

The gold and silver ratio as of April 21, 2015 is 74. This means that, based on the U.S. dollar, it would take 74 ounces of silver (currently $16.07 per ounce) to equal one ounce of gold (currently $1,201 per … Read More