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Precious Metals

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Peter Schiff for LewRockwell.com

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

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Bloomberg

Gold, little changed near a six- month high in London today, may rise toward $1,000 an ounce as a weakening dollar increases the metal’s appeal as an alternative investment. Silver climbed to a 13-month high.

The dollar slipped as much as 0.4 percent against the euro as a report showed European investor confidence increased for a second month in September. Gold tends to rise when the greenback weakens. Bullion last surpassed $1,000 on Feb. 20.

 

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Las Vegas Review Journal

 

While Ron Paul is calling on Congress to audit the Federal Reserve, his brother Wayne Paul has been testifying here in federal court about how Wayne's monetary views have shaped the beliefs of Robert Kahre, a Las Vegas business owner who is on trial for evading income taxes.

The trial before Judge David Ezra is nearing its conclusion, as the defense rested its case Thursday. Both sides will present closing arguments next week.

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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.

Trust me, after 23 years of research and development plus almost 11 years of practical application in the marketplace, I did not make this decision easily. When I discovered that the FBI had issued an arrest warrant for me, I "self reported" i.e. turned myself in to the US Marshals on June 4, 2009. After I was booked and made a very quick court appearance in Fort Myers, Florida, I was released on an Appearance Bond with certain terms such as: don't violate any laws, call every Tuesday, fax a report every month, etc. But when I made my "Initial Appearance" in the US District Court in Charlotte on July 6, 2009, I was ambushed by the DOJ Prosecutor with FBI Agent Romaguolo grinning by his side. At the Prosecutor**

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PopSi

It dispenses one, ten and 250-gram bars, and it’s built like a tank.   The gold even comes with its own gift box and at a price 20 percent cheaper than what customers could get at a German bank, says the website advertising the new "Gold-To-Go" machine. But the company cautions that gold from such machines should be treated as a novel present, rather than a serious investment – and besides, serious investors can still get a better deal on open market gold prices.

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Pro Liberate

What is it that turns a man into a specimen like Acting United States Attorney Edward R. Ryan, whose name is inscribed on the tissue of lies and totalitarian assertions called a "Bill of Indictment" against four key figures in NORFED, aka the Liberty Dollar organization?


To at least some extent, it must be the money (or at least the officially sanctioned similacrum of the same) that provides for Ryan's material comforts and subsidizes whatever squalid vices he enjoys. Since Ryan is a servant of the kleptocracy we can assume that vice, of some kind, plays a significant role in his discretionary time: Someone who steals for a living isn't likely to be a moral paragon when he's off the clock.
 

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