INVESTMENT RARITIES INCORPORATED
was founded in 1974 by Jim Cook, and has since grown to be one of the nation’s leading silver and gold dealers. In the 44 years of service, IRI has logged 400,000 transactions for 60,000 customers equaling $3 billion sold and delivered.
From the desk of Jim Cook
Biased Reporting
Most newspaper dailies in the U.S. are hopelessly liberal. The writers and editors have an unabiding hatred for capitalism. They loathe free markets, the profit motive and rich white guys. Global warming gives newspapers a reason to tee off on the oil companies they hate. Their resistance to drilling and new pipelines borders on the irrational. In Minnesota a ragtag band of activists thwart a necessary pipeline and the newspaper features them. Day after day, the paper runs articles on the fires in Australia or on weather extremes. They are clearly attempting to influence their readers to go all in on climate change. Editorials and opinions infect their news articles. They grossly violate the late newsman Jim Lehrer’s rules of sound journalism, “Carefully separate opinion and analysis from straight news stories and clearly label everything.” READ MORE
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INSIGHTS from TED BUTLER
Interview
Jim Cook: Let’s get the big question of the day out of the way. What impact do you think the coronavirus will have on the precious metals market?
Ted Butler: People will definitely buy more gold and silver. If the outbreak causes the stock market to fall, they will buy more. However, that kind of individual buying doesn’t move the market.
Cook: What does?
Butler: The price is set on the COMEX with the big banks and hedge funds fighting it out.
