A big name in internet sales called me this morning to inquire about buying silver coins. Now, normally I’d be very flattered to get a call from a national firm interested in doing business with me. Particularly if they wanted to buy and sell silver coins, which they did. But what this really tells me…
DetailsWe admit it. We haven’t been completely honest. At least not about our name. For most of our existence, we’ve been calling ourselves Houston Gold Merchants, and yet, for as long as we’ve been around, we’ve been buying and selling a great deal of silver. Sterling silver flatware, pure silver, US silver coins, called “junk”…
DetailsSeriously, how smooth is Spain. After asking for direct capitalization of its banks in an effort to bypass the austerity requirements that are commingled with ECB loans, Spain called a last minute press conference today to declare its intention to ask for financing through normal channels in an effort to stave off its growing debt…
DetailsToday is June 8, 2012 and the price of gold is $1597.40 and the market is closed for the weekend. Gold prices were down for much of the day until late afternoon when word hit the street that Goldman Sachs revised downward their Q2 GDP estimates from 2.0 to 1.8% expected growth, which along with…
DetailsSo when I meet someone new, outside my circle of friends and they say “Whatya you do?” I always pause…because that’s a tough one…sometimes I say I’m a gold buyer in Houston. Sometimes I say we buy gold. Mostly I say, “I opened one of those gold buying stores you’ve seen popping up all over…
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