The Precious Metal Purchasing Act:
• http://www.dailypaul.comA Bill to Register Buyers of Silver and Gold Coins & Eliminate Cash Transactions
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A Bill to Register Buyers of Silver and Gold Coins & Eliminate Cash Transactions
A former advisor to the Chinese central bank, and influential economist, has called for his nation to diversify away from U.S. treasury holdings. This comes after China cut its U.S. treasury holdings by $32.5 billion in May
'China is considered a stealth buyer of gold, said Boris Schlossberg, director of currency research at Global Forex Trading. As the world's largest producer of the metal, China often buys gold from its own mines and doesn't report those sales...
The role of gold in society was succinctly summed up by J.P. Morgan in 1912 when the renowned financier stated that "Gold is money and nothing else." Ironically he made that comment one year before the U.S. Federal Reserve was created.
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It's not even midway through 2010 and Caterpillar has sold out of some of its largest mining vehicles because of rising commodity prices, and is now taking orders for 2011 delivery.
Spot gold fell more than 1 percent to two-week lows as investors sold to cover losses in other markets, especially as stocks dipped, while platinum group metals fell on worries euro zone debt crisis will sap industrial demand. Asian stocks were do
Three truck drivers, showing what appeared to be the right paperwork, drove off with $500,000 worth of copper wire from a Georgia company, police said.