As the price of silver began to increase in the 1960s, the United States government began seeking a more cost-effective alternative to the minting of 90% silver content coins.
Central banks are shedding dollars [DXC1 75.78 -0.265 (-0.35%) ], reducing their holdings by about $9 billion in previous quarter, according to Nomura Securities’ Jens Nordvig, global head of G10 FX Strategy.
While the DXY continues to languish in the depths of Ben Bernanke's sado-maso dungeon, money allocated to new reserve currencies: gold and silver continues unabated.
Get your coppers at: http://bit.ly/Ron-Paul-2012-Coppers Make and Share your video at: http://RonPaul2012.TV How will you spread the word?
Here is a thought experiment concerning two men who have issued money. One issued gold and silver coins that will today bring more in dollars than he charged for them. The other issued paper notes that are today worth but a fraction the gold or silve
"I sincerely regret to inform you that I was found guilty on all four counts regarding the Liberty Dollar in less than an hour on Friday, March 18."
Bernard von NotHaus, creator of the Liberty Dollar, was found guilty of making counterfeit coins and an intent to defraud. Sentencing will be held in several months. The jury reached its decision in less than 90 minutes.
Drew Phillips interviews Heather Lewis, in attendance at the trial and gives her perspective of the last 7 days in court now that the closing arguments have been made. See Heathers day by day blogging at http://Liberty4free.com
The electronic future is buried under the ground in Missouri
No matter which gold price diagram you look, the price of gold seems to be going upwards. As we rise above old all time highs, is it just a huge bubble or is the price justified? 110 years of gold price history I wanted to look further than the
Silver Circle the animated film and web comic will be attending South by Southwest for their first ever appearance seeking distribution options and showing off the “Making of Silver Circle” during the SXSW Trade Show Block Party. South by Southwest d
You may ask, how that can possibly be? It’s almost metaphysically impossible for “everything” to be expensive, if for no other reason than that it raises the question: “Relative to what?” Nonetheless, we’re in an economic and financial twilight zone.
Are The Prophets Of Doom Right About Major War, $200 Oil, $2000 Gold And Dow 5000 By The End Of 2012?
Sometime in the coming weeks, Glencore is likely to announce its Initial Public Offering. The firm currently operates as a privately held partnership, with staff sharing the profits according to a performance-based incentives scheme. Sources familiar
G. Edward Griffin, Ernest Hancock, and Drew Phillips on the importance of sound money! Ernie and Drew talk about their new projects WalletVoting.com and WhatIsThisCoinWorth.info
I thought of titling this piece, “Why $5,000 Gold May Be Too Low.” Because once fund managers enter the gold market in mass, this tiny sector will light on fire with blazing speed.
The Perth Mint's website show the 1 oz 2011 Silver Koala priced at US $41.88, reflecting a premium of $5.57 or 15.34%. The one-tenth oz version is priced at $13.76, reflecting a premium of $10.13 or 279%. (All prices at time of post)
There's something magical, mysterious and rather beautiful about a primary bull market. The bull market in gold has been in effect for over ten years, and the mysterious part of it is the way the American people have both ignored it and damned it.
Let me walk you through the mechanics of what just took place and then I’ll speculate on the motivation of JPMorgan increasing its silver short position so dramatically. Over the past two COT reporting weeks, it has been primarily a commercial versus
Currency debasement on a scale never seen before in modern history continues in the U.S. and other countries. This is leading to a real risk of stagflation and possible even hyperinflation if sane monetary policies are not returned to soon.
It is one of those days when the flight to new reserve currency is on, with gold and silver trading near overnight highs, same for the oil complex...
With gold breaking to record highs, Dow theorist Richard Russell takes on the world's most famous gold bear, Warren Buffett...
And the big winner is... silver! It has touched $36/oz.
Former Seattle Seahawks linebacker and major promoter of KB Gold was interviewed on the "Business for Breakfast" AM radio talk show program out of Denver, Colorado last Thursday. You can access the recordings on the American Radio Network at the l
Watch how they weave their arguments over the misappropriated social trust funds and pensions, bank bailouts, and subsidies to the corporations and monied interests to see what their methods will be.
Our group was determined to stand for delivery going into Monday because we were not going to take a 30% premium on a price of $33.50. It was reported that Blythe offered 50% premium. That wasn't even close in our case. WE GOT OVER 80% PREMIUM.
It's been nearly 80 years since the U.S. stopped using gold coins as legal currency, and nearly 40 since the world abandoned the gold standard, but the precious metal could be making a comeback in the United States -- beginning in Utah.
This news was initially reported by Patriot News Radio, which you can listen to in this video clip. While the information is true and current as displayed on the U.S. mint page here, it is not anything new. The Mint has not sold uncirculated American
As the story goes, someone asked an economist how his wife was doing, and the economist answered "compared to what?"