ON AIR NOW
Click to Play
There is no reasonable prospect of the federal debt being paid down. Nor can anyone possibly believe that today’s government bonds can be paid except by issuing new bonds tomorrow.
“The selling is not materialising,” said James Steel, echoing a view held by other analysts and traders. Jon Spall, gold specialist at Barclays Capital in London, added: “No one is saying ‘this is enough, let’s sell’.”
As the dollar's dominance fades with the emergence of a multipolar world, gold may stand to gain the most of all assets thanks to an unlikely quality -- neutrality. While no major currency is likely to replace the dollar anytime soon, the need for
Today at Noon(Oct 6) The US Mint issued a press released with some shocking and disappointing news. The collectible 2009 Proof and Uncirculated Gold and Silver Eagles will not be offered this year. As partial consolation, the press release
Gold surged to a record high above $1,040/ ounce, fueled by a steadily falling US currency, which prompted investors to buy gold as a hedge against dollar-denominated portfolios. Spot gold hit a historic $1,043.45/ ounce
A single investor - thought to be a hedge fund - is sitting on thousands of tonnes of tin in warehouses across London. According to traders almost the entire stock of tin on the London Metals Exchange(LME) was bought up by a single, mysterious inves
A You Tube Video with Gold Expert Rob Kirby, and he speaks about Barrick Gold and it's "Math" problem, China, and how it's government is encouraging it's people to buy gold, and other topics.
Like a battering ram in a medieval siege, gold keeps hammering away at the gate. For the third time in less than twelve months, the yellow metal is once again crashing into the $1,000 per ounce level. As of press time, it looks like gold will close above that level today and will set a new record in the process. Even if the breach is fleeting, who can doubt that it will mount another assault soon? In the meantime, there is no shortage of market analysts who are not buying gold while questioning the motives of those who are. Although they offer a variety of strained reasons, they nearly all agree that it has nothing to do with inflation, which is nearly universally considered dead and buried. As a self-confessed gold bug, I can assure all that inflation is the only reason I buy gold. A
OpenCurrency.com produced 500 FreedomsPhoenix Medallions in the first batch and we have only 27 left. Soooo..... I can only offer the FreedomsPhoenix Silver as an early registration incentive for the FreedomSummit until the first batch is gone... FYI :)
Dear Liberty Dollar Supporters!
1. Liberty Dollar - Ambushed &
Closed
It is with a very heavy heart that I regret to
inform you that I have suspended (closed) the Liberty Dollar operation… until I
am acquitted.
The International Monetary Fund (IMF) should expand the basket of Special Drawing Rights to include the Chinese yuan, commodity currencies and gold, a senior Kremlin official said on Tuesday.
India and China may press for the sale of the entire gold reseves of the International Monetary Fund(IMF) to raise money for the least developed countries. The IMF holds 103.4 million ounces(3,217 tonnes) of gold that if, sold, can fetch about $100
Why did the crew members ditch the craft when it would have been safer to stay aboard. And why was an old trawler built in 1979 was being used to transport gold and silver in the first place. Hmmmmmmmmmmmm.
In the heart of Vienna in a Biedermeier building commissioned by Emperor Franz I, a man wearing a khaki uniform and beret exchanges a wad of euro notes across the counter for a few sparkling gold coins. Guenther Fuchssteiner, 59, is a military
With gold prices topping $900 an ounce and jobs still disappearing, a new gold rush is on. It's taking place in California again, where unemployed people are heading for the hills to prospect for gold. It's also happening on TV and online, wh
Ben Bernanke has just rung the loudest bell ever heard in the foreign exchange and government debt markets. Investors who ignore the clanging do so at their own peril. The bell’s reverberations will be felt by everyday Americans, whose lives are abou
GoldMoney said the mobile payment application means any individual or merchant could open up an account and then receive a payment in gold or silver bullion within minutes."
Read how the history of silver and gold production indicate current silver prices are artificially low. Should you buy silver at today's "bargain" price?
The departure of gold prices from their past inverse correlation with the dollar is just another example of the commodities market's ability to surprise and often flummox investors.
What cannot be paid back will default. A huge credit event is coming, and it's not just in the US. And that is the message of gold.
Gold futures fell below $900 an ounce Monday as expectations that the U.S. will pass stimulus and bank aid plans reduced safe-haven buying.
Gold prices are set to jump toward $1,000 an ounce and probably beyond to new records as droves of investors fearing financial instability and surging inflation pile into the precious metal. Expectations of a weaker dollar, which makes gold priced in
Eric Sprott, the Canadian money manager who last year predicted banking stocks would collapse, said the U.S. is at the beginning of an economic depression that will help gold prices more than double. Bullion may top $2,000 an ounce in coming years am
At the same time, costs for television ad time are dropping as more-traditional advertisers cut spending, creating an opening for aggressive advertising by gold-buying outfits.
Resource-poor Japan just discovered a new source of mineral wealth -- sewage. A sewage treatment facility in central Japan has recorded a higher gold yield from sludge than can be found at some of the world's best mines.
And Here... We... GO!
GoldMoney provides thousands of customers with a useful, secure and affordable way to buy and hold gold and silver. In addition, GoldMoney's patented payment system modernizes gold's oldest, most valuable feature: its use as money.
Gary Dugan, the chief investment officer for the US bank, said there has been a remarkable change in sentiment. "People are genuinely worried about what the world is going to look like in 2009. It is amazing how many clients want physical gold,
A computer glitch at the Industrial and Commercial Bank of China gave gold traders a 23-minute bonanza that cost the bank dearly last week, sparking a debate on Monday as the bank reclaimed the windfall.
