Foster Publishing, Coin & Stamp

What you are about to read is the single most important commentary I’ve written since I first began publishing The Grandich Letter in 1984. Every American should read it, and those who do will likely wish they hadn’t.

The government's seizure of IndyMac Bank raises concerns for many consumers about whether their banks might be next. Here are some questions and answers about the government's role when a bank fails and if other banks are at risk:

Measuring intrinsic metal value of coins around the world

Almost 150 years after the first ’49ers swarmed into the mountains of California, a new gold rush is sweeping across the United States. Soaring gold prices, a recession and ingrained American optimism have combined to prompt thousands to head into the h

In many oil producing nations gas is absurdly cheap. In Venezuela it's 12 cents a gallon. In Saudi Arabia it's 45.

As the credit crisis teeters on the verge of full-blown catastrophe, the hunt for the culprit(s) begins. Quickly working his way to the top of the blame table is Alan Greenspan, former Chairman of the Board of Governors at the US Federal Reserve Bank. Dur

Peter Bernstein has witnessed just about every financial crisis of the past century...

After watching the price of silver soar to as high as $15 /ounce in May 2006, Warren Buffet, the “Oracle of Omaha” offered some sagely words of wisdom.

Rising corn prices have led to higher prices for wheat, beef, milk and even derivatives such as chocolate, made with milk. Furthermore healthy beef and milk producing cattle are being slaughtered to divert their wheat-based food to ethanol.

The problem is not agricultural, but rather monetary. In other words, the problem is not too few food staples, but too much money – or too much fiat paper currency to be precise.

It is estimated that some 600 tonnes of gold have been imported into Vietnam. Only a small part of the volume has been deposited at banks or crossed the borders again.

There is an unanswered question: was Bear Stearns long gold and how important was it to JP Morgan Chase, Goldman Sachs, and the Fed to control that long position?

Cheney has dumped another (estimated) $10 to $25 million in a European bond fund which tells us that he is counting on a steadily weakening dollar. So, while working class Americans are loosing ground to inflation and rising energy costs, Darth Cheney wil

For the first time, the Bank of Russia purchased gold for its international reserves from gold producers, a source in banking circles told Interfax.

David Morgan's blog.

"Inflation adjusted, going back to 1980 prices, gold today should be over $2,300 an ounce, so making the statement that gold could go to $2,000 is not irrational," Frank Holmes, CEO of U.S. Global Investors told CNBC.

A key rule for all who trade the market is don’t fight the Fed. And the central question for those who recognize this is, what will the Fed do next?

“The popular view is that experienced traders can control their emotions,” Mr. Coates told New Scientist. “But, in fact, their endocrine systems are on fire.”

The past 10 days will be remembered as the time the U.S. government discarded a half-century of rules to save American financial capitalism from collapse.

Gold is soaring. It’s quickly closing in on the all important $1000 level but most people are looking elsewhere. The economy is the hot topic and everyone’s talking about recession. Opinions are running rampant, discussions are endless and this is ma