As the twin pillars of international monetary system threaten to come tumbling down in unison, gold has reclaimed its ancient status as the anchor of stability. The spot price surged to an all-time high of $1,594 an ounce, lifting silver to $39 in it
Piigs, Pressitutes, and the Global Meltdown - Gerald Celente on what's ahead, and why the media want to hide it. / Fibber for the State - Tom Woods on a top historian's ignorance or worse on American economic history. / Don't Question: Submit, Obey –
Spot gold hit a record high above $1,589 on Thursday, buoyed by a sharp drop in the dollar after Moody's warned the U.S. may lose its top credit rating, the possibility of more Federal Reserve stimulus and Europe's deepening debt crisis.
The alpine country of 7.7 million residents holds 1,040 tons worth about $46 billion, almost as much as China, and only decoupled its currency from gold in 2000.
The land of the free imprisoned this advocate for promoting voluntary exchange. Learn more about the experiences of Kevin Innes and his co-defendant Bernard Von Nothaus in our recent interview from the Porcupine Festival in Lancaster, NH:
Rare earth elements have been the focus of a good deal of ink, a lot of anxiety, and a couple of tense international spats over the past year, but a Japanese discovery may make the valuable minerals a lot less rare.
Vast deposits of rare earth minerals, crucial in making high-tech electronics products, have been found on the floor of the Pacific Ocean and can be readily extracted, Japanese scientists said on Monday.
Senators Rand Paul (R-KY), Jim DeMint (R-SC) and Mike Lee (R-UT) introduced legislation this week that would eliminate all taxes on gold and silver coins, elevating them from the status of "collectables" to "legal tender" of the same status as Federa
A treasure trove of gold and silver jewelry, coins and precious stones said to be worth billions of dollars has been found in a Hindu temple in southern India, officials said on Saturday.
Should the U.S. sell off its gold reserves to pay down debt? That's the latest idea being tossed around by gold bug Ron Paul. Not only would selling Old Yeller help the U.S. pay its bills, says libertarian Paul, but it would put more gold in the hand
By Ross Marowits, The Canadian Press – Jun 10, 2011
MONTREAL — A Montreal company that denies any wrongdoing in an alleged gold-refining tax scam said Friday it was shocked by an early-morning raid this week that came after several months of negot
"Trading Of Over The Counter Gold And Silver To Be Illegal Beginning July 15". The story, by a Tyler Durden, goes into details of legislation I was unaware of until now, legislation that's about as evil as any legislation can possibly get.
The CFTC, which is urgently delaying any of the Frankendodd provisions that impair Wall Street bottom lines, will not move a finger to address or resolve this issue which will suddenly affect millions of retail investors in the US, and around the...
It looks like a crackdown on speculation on non-currency products and push to move them to exchanges for all but the 'exempt few' who manipulate markets.
Accredited Investor Qualifications: A natural person whose individual net worth, or joint net worth with spouse, is at least $1,000,000, excluding the value of such investor's primary residence; A director, executive officer, or general partner...
As a result of the Dodd-Frank Act enacted by US Congress, a new regulation prohibiting US residents from trading over the counter precious metals, including gold and silver, will go into effect on Friday, July 15, 2011.
They'll tell you it is a fight to protect against "blood gold", but what they won't tell you is the blood and gold they are really talking about is yours, if you try to resist once they figure out how they are going to try and grab your gold.
Someone with credibility suggested to me yesterday that a panic liquidation in all assets is in the cards in the minds of the Wall Street banks and the monied class. When you cannot win the game, you kick over the card table and turn out the lights.
As a postscript to the story, CNBC asked for a tour of Fort Knox to film the gold... An official at the Mint told us that not he was not aware that any member of Congress had toured the facility since [1974]....Fort Knox is "a closed facility,"
There's gold in them thar hills, but pretty soon you won't be allowed to touch it. In California, the state built on gold, the time is up for prospectors who are about to see their way of life declared illegal.
The gold price has been rising steadily for almost a year now, with nary a correction. It fell only 4% last month, and the biggest decline since last July was January’s 6.2% drop.
“I have very little doubt that we will see some form of currency control within the U.S. and some other countries, because one thing you can count on is that the government never controls itself. What it does is control its subjects.”
A new report prepared for Prime Minister Putin by the Federal Security Service(FSB) says that former International Monetary Fund(IMF) Chief Dominique Strauss-Kahn was charged and jailed for sex crimes on May 14th after his discovery that all of the g
I wrote that silver’s upward post-crash correction might surprise most silver-haters and silver shorts. As I write silver has rallied to above 37. The bull market in gold is still very much intact, and I believe gold will take silver UP with it.
The liberty movement is oozing with century old literature, amazing economic research by some of the greatest Austrian thinkers, and documentaries seem to be the movement’s forte. There is something missing though. That sense of style, genre, taste…w
In ’71, the US seemed to have thrown caution to the winds, with a deficit of $23 billion. Fiscal realists gasped and clutched their hearts. They’d better sit down, because today the deficit is expected to top $1.6 trillion this year alone, up 7,000%.
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