Where does this countries financial future lie? Presidential Candidate Congressman Dr Ron Paul warns what lies ahead for our country if we maintain the status quo.
"Due to the OVERWHELMING demand for precious metals, our online ordering system has been unable to keep up with our customers’ needs. " [standard rules of unintended consequences and malinvestment apply]
Bullion for immediate delivery climbed to as much as $1,032.70 an ounce
Gold futures briefly broke the psychologically important level of $1,000 an ounce Thursday, propelled by ongoing dollar weakness and bleak news from the financial sector.
[This is why the government MUST seize your gold...again!] Gold, silver, platinum and palladium may be the best-performing financial assets this year as inflation and slowing growth erode the value of the world's major currencies, bonds and stock
So, trust me when I tell you that you will not sell your precious metals during the mania. In a mania, buyers think, "It will cost more tomorrow. I must buy today." Most would-be sellers think the same thing. They refuse to sell. Only a few
U.S. central banks may have less than half the gold they claim to possess in their vaults, charges a watchdog group in an ad scheduled for publication in the Wall Street Journal this week.
Still, when adjusted for inflation, gold remains well below its all-time highs in 1980. An ounce of gold at $940 then would be worth about $2,400 today.
Platinum raced to a series of record highs as mine stoppages in South Africa sparked a fresh wave of investment. By 12.53pm, platinum was up at USD1,688 per ounce against USD1,551, having earlier hit a record USD1,697 an ounce.
Gold slipped to a 3-week low in choppy trade on Tuesday as unfavorable currency fundamentals, falling oil and struggling stock markets prompted investors to continue taking profits from last week's record high.
Russia's gold and foreign currency reserves have increased by $11.5 billion(2.5 percent) over the past three weeks, to $477.7 billion. This is the highest level since records began. From Jan 4 to 11, the reserves increased by $1.1 billion, or 0
The affidavit accompanying the seizure warrant for papers and possessions of Liberty Services, Inc. is a 35-page indictment of capitalism.
A Paul campaign spokeswoman said yesterday that the campaign has "no affiliation" with the Ron Paul Dollars. But Paul's supporters said the seizure of the coins is sure to further stoke support for the campaign.
8:00 this morning a dozen FBI and Secret Service agents raided the Liberty Dollar office in Evansville. They took all the gold, all the silver, all the platinum and almost two tons of Ron Paul Dollars that where just delivered last Friday. They also
THE price of gold passed US$800 (S$1,160) an ounce here on Wednesday for the first time since 1980 after the US Federal Reserve lowered its key short-term interest rate, the New York Mercantile Exchange said. Gold futures for December touched US$8
How Morgan Stanley (among others) is defrauding silver investors while government regulators look the other way. An estimated 1 billion ounces of silver has been paid for by clients, but not yet purchased by their brokers. And the brokers have
Is the US Government sneaking gold out of Fort Knox? This may be exactly the case, as evidenced by a very curious change in US Treasury reporting on gold supplies. Up until April 27th of this year, the US Treasury reported on a weekly basis
...and has YouTube clips posted the next day. Maybe it has something to do with a very interesting guest they interviewed this afternoon.
That's around 17,500,000 pounds of gold in US. There are around $12,500,000,000,000 US dollars in the world. That's around 45,000 US dollars for every ounce of US gold. Giving myself wide latitude for round numbers, any way you look at it
"You're raising a very fundamental question,... You didn't need a central bank when we were on the gold standard, which was back in the nineteenth century. And all of the automatic things occurred because people would buy and sell gold
Abuse of the custodial role for the world reserve currency invites retribution. The Wall St hucksters were well aware of the foreign pipelines to recycle trade surpluses into US$-based securities. They expoloited the situation for private gain,
US gold futures prices rose above a key psychological target of $700 an ounce to a four-month high on Thursday as funds renewed their buying ahead of expectatioins for a weak US employment report on Friday, traders said.
I'll be honest. What excites me the most about Ron Paul is not his stance against illegal war. It's not that the only one to stand up against the Patriot Act the first time around. It's not just the he's never voted for a tax incre
Part of the gold and currency reserves of the Bank of Italy will be used to attack Italy's enormous national debt, current the equivalent of 107 percent of GNP, according to a resolution approved by parliament on Tuesday as part of Romano Prodi**
Gold suffers because it is sold as a liquid asset by funds and investors to make margin calls among other things. As losses cascade in this latest world stock crash in Asia - down 2 to 4% last night, Europe - down about 2%, and US down 2% or so
After 10 months of circulation, they've become a regular feature of the local economy. Businesses that accept BerkShares treat them interchangeably with dollars: a $1 cup of coffee sells for 1 BerkShare, a 10 percent discount for people paying in