Drockton Bullion & Coin

Thursday, June 4, 2015

Beware of "Generic" Silver Rounds


 Why Buy Generic Silver Rounds When you Can Get Quality     for the Same Price or a few Pennies more????



         

Sunday, May 10, 2015

How the Debt Crisis Affects You: Paul A Drockton M.A.

http://www.silverdoctors.com/wp-content/uploads/2012/11/U.S.-Per-Person-Debt.png

(I originally wrote this article in 2011, but updated it today)


I have been asked how the current debt crisis will affect the average person. 

They have two choices this time:

1. Raise the debt ceiling by a few more trillion dollars.

2. Default on their manufactured debt.


Both choices will result in the destruction of the dollar. If they raise the debt ceiling then they destroy our nations credit standing. Since they control the credit rating agencies anyway, and have held off the inevitable for far to long, this will happen regardless of what they do. Default is the equivalent of not paying your credit card bills, mortgage and car payment. You become an unacceptable credit risk  and you are no longer able to borrow money.

The United States of America is the world's largest creditor nation. We owe more money to more people than any other country on earth. We don't sign loan applications as a country. Instead, we issue bills, notes and bonds.

Treasury Bills: Bills are short-term debt that will expire within the next 12 months. Your CDs at the bank invest in Treasury-Bills, so do the money market funds. In fact, T-Bills form the basic foundation for most of your savings programs. Default means that these funds will fail, because the U.S. government will not honor the debt, or make any payments to satisfy the principle. It also will destroy the banking, mutual fund and credit card industry.

Treasury Notes: Notes are 10 year obligations that are purchased as an investment by your mutual funds in their bond portfolios. Again, failure to pay this debt will cause the Bond market to literally collapse overnight, wiping whatever retirement, pension and long-term savings plans that invest in them (all of them), right off the books.

Treasury Bonds: Bonds are 20-30 year debt obligations. Mortgages are tied to Treasury Bonds. Mortgage interest rates are also tied to Treasury bonds. If the government defaults, then it would destroy homeowners with variable rate mortgages, or those seeking to purchase a new home. It would also destroy the bond market and mutual funds with a bond portfolio.


This is why default is not an option. At least, not yet. Which leads us to choice number two:

Raising the Debt Ceiling:

This is like an out of control debtor borrowing more money from a loan shark. It will destroy our credit rating and force us to pay higher interest rates on all future bills, notes and bonds. Currently, we just keep refinancing our debt with the Federal Reserve that issued it in the first place. Meanwhile, interest keeps compounding and we find ourselves virtual slaves to the international banksters.

Raising the debt ceiling will also raise interest rates, since we become a greater risk as an investment. Expect bond-rating agencies to trash the U.S. credit rating. The following will result:

1. Higher interest rates will mean that all existing debt will be discounted by investors, you will see dramatic losses in the bond market and those that invest in bonds will suffer accordingly. This will affect 401K plans, pension funds, and other retirement plans.

2. Higher rates also mean that those with credit cards will also watch their payments skyrocket, increasing consumer defaults and killing off what remains of the retail industry.

3. Foreclosures will increase as those with variable rate mortgages will be unable to make their monthly payments.

4. A major stock market correction as companies forced to pay higher interest rates go under, stop making their debt payments and report dramatic losses in earnings.

5. Unemployment will rise.


The eventual outcome is hyper-inflation and economic collapse for either choice. The dollar will be destroyed and with it, the American economy. Silver prices will escalate dramatically and I believe the gold confiscation act will come about through Executive Order, with the promise of stabilizing our nations' economy through a new gold standard.

Monday, May 4, 2015

American Silver Eagles as Low as $19.37 Each!







1 Oz American Silver Eagles are one of the most popular silver bullion coins in the world. They are composed of 99.9% pure silver and are minted by the United States Mint. They are sold individually, in rolls of 20 or in the green "Monster Box" of 500 coins.

American Silver Eagles have a nominal face value of $1 but they are worth spot silver plus an additional premium. 

They have the Walking Liberty design on the front. This is the same design used on the old 50 cent pieces. On the back is the American Eagle from whence they derive their name.

We Buy and Sell American Silver Eagles!

Current Sell Prices:

500+ Spot Plus $2.39

101-499: Spot Plus : $3.15

0-100: Spot Plus $3.59


Call us to sell your American Silver Eagles! 

1-801-794-2646

cell: 330-636-6292

sales@drocktonbullion.com

Visit Us:
1266 East Center Street
Spanish Fork, UT 84660

Thursday, April 30, 2015

Silver Halves (1964 & Earlier) ONLY $147 per roll!


ORDER NOW!




Number of Rolls



 OR Call: 1-801-794-2646
 CELL: 330-636-6292

sales@drocktonbullion.com


VISIT US:

1266 East Center Street
Spanish Fork, UT 84660

Tuesday, April 28, 2015

Europe's Favorite .9999 Gold Bullion Coin. The Austrian Philharmonic.

 http://onlygold.com/images/Coins_Modern/Austrian_Images/Austrian2011/Euro-2011.jpg


The Austrian (also Vienna) Philharmonic is the best-selling gold coin in Europe. Attesting to its international popularity as one of the "pure gold coins" the Philharmonic led sales worldwide in 1992, 1995 and 1996, according to the World Gold Council. In 2008, at the height of the worldwide credit-financial crisis, more one-ounce Philharmonics were sold on a global basis than U.S. Eagles or Krugerrands. Like its competitors, the Philharmonic tracks the gold price and is internationally liquid.

The Philharmonic is struck in pure, 24-karat gold. The obverse of the coin depicts the great organ in Vienna's concert hall, home of the famed Vienna Philharmonic Orchestra. The obverse shows a harmonious medley of musical instruments -- a string base, cellos, violins, a bassoon, harp and Viennese horn. The Philharmonic is minted in one-ounce (troy), half-ounce, quarter-ounce and one-tenth ounce sizes with successive face values of 100, 50, 25 and 10 euros respectively. Earlier mintages before the creation of the euro were denominated in schillings.

 Pricing:

1 Oz:  Spot Plus $42.50
1/2 Oz:  Spot Plus $39
1/4 Oz:  Spot Plus $28
1/10 Oz: Spot Plus $17.50


Call 330-636-6292
OR: 1-801-794-2646


Visit Us: 
1266 East Center
Spanish Fork, UT 84660

Australian Kangaroo Gold Bullion Coin: .9999 Pure Gold Bullion!

                         
                        http://www.perthmint.com.au//images/upload/content/2014-Australian-Kangaroo-Gold-Bullion.jpg                                                     


.9999 Pure Gold Bullion Coins

There are two forms of 99.99% pure gold coins:

The traditional Australian Kangaroo Gold Coin Series, available in in five sizes; 1 kilo, 1oz, 1/2oz, 1/4oz and 1/10oz.


Pricing:  1 Oz      Spot + $45
             1/2 Oz:  Delay
             1/4 Oz   Spot +27.50
             1/10 Oz  Spot + 17.50    


Minimum Order 3 oz. any combination above...  Exceptional Pricing on an exceptional gold coin..non-confiscatable. Locks when Funds are received due to market volatility.

Call: 1-801-794-2646
or: 1-330-636-6292


sales@drocktonbullion.com

www.drocktonbullion.com

1266 East Center
Spanish Fork, UT 84660