No Top In Sight for the Gold Market
• News LinkWed Sept 8 1:20 p.m. CT--In the wake of a steady uptrend in gold prices from the July 28 low, Dec COMEX gold is flirting with its all-time high at $1270.60 an ounce, hit June 21.
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Wed Sept 8 1:20 p.m. CT--In the wake of a steady uptrend in gold prices from the July 28 low, Dec COMEX gold is flirting with its all-time high at $1270.60 an ounce, hit June 21.
Legend has it that almost a century ago a series of railway wagons stuffed with gold sank into the depths of a lake in Siberia. This week, researchers, exploring the depths by submarine, may have found the Russian royals' lost gold.
Soros, Paulson and Kaplan (among others) are buying up mines all over the world,...even redeveloping europe's previously most productive gold region in Romania. They know what's coming.
Silver has been used as a medicine and preservative by many cultures throughout history. The Greeks, Romans, Egyptians, and others used silver vessels for water and other liquids to keep them fresh.
The Klondike rush happened in 1896, but no one ever truly discovered the source of the district's gold...the motherlode. Self-taught geologist Shawn Ryan claims to have found it, and mining companies are swarming there.
In 1982, President Reagan's Gold Commission wrote that gold could become necessary as currency again, especially if conditions came about like those we have now. Some believe he set a plan in motion, which others are working on today.
An Arizona man noticed the money he had kept in a bucket in a secret location on his property had been replaced with rocks. A note with GPS coordinates of other burial sites was also missing.
The signals emanating from the global economic matrix that can be considered realistic, unbiased and leading indicate strongly that we’re edging closer to another brink of some sort. Nobody can see over the edge, but if the last cataract shot by our
In the city of Tado in the western Colombian department of Choco, known for its large Afro-Colombian population, each gold digger is his own master and the gold is removed from alluvia by using a plant mixture.
Gold held below $1,185 an ounce in Europe on Tuesday, supported by physical demand after this month's slip and a softer dollar, but with a dip in holdings of the largest gold exchange-traded fund undermining sentiment.
At the heart of Schiff’s critique is a strong belief the U.S. dollar “is a bottomless pit” that will continue the long-term trend of losing value vs. gold and other major currencies.
Those already outraged by the president's health care legislation now have a new bone of contention -- a scarcely noticed tack-on provision to the law that puts gold coin buyers and sellers under closer government scrutiny.
As everyone knows from elementary chemistry courses, gold is the most inert metal in the world - it does not rust, nor corrode. Yet this is precisely what is happening to thousands of (allegedly) .999 pure "St. George" coins.
It is almost inconceivable that a single commercial bank could have accumulated so much gold alone. Observers have suggested that the whole affair looks like a secretive European bailout that a single country wants to keep quiet.
One of the big hints that gold stocks will be ready for take-off is when they stop following the broader markets and strictly track gold, particularly if the market falls and gold stocks don’t. We now have data showing this has just occurred.
07/05/10 Tampa, Florida – People are always writing me and asking questions, which can usually be divided into one of two categories. The first category is the one that I call “Is there something wrong with you that you sound/look/appear so stupid/ug
If this drain of COMEX silver inventories continues, it could literally be the spark that brings down the entire global financial system. This run won’t be confined to the silver market for long. Owners of paper gold will see what is happening, too.
Everyone knows how in 1980 gold hit $850oz. But few recall that same year, silver hit $50oz.!!!! While gold has long surpassed its 1980 price, silver would have to more than double,...and there lays opportunity!
Gold ticked higher on Monday, trading less than $10 shy of last week's record high, underpinned by worries about the global economy after the G20 summit and U.S. comments that Iran has fissile material for two atomic bombs.
A Spanish precious metals trading company bought the world's largest gold coin for 3.27 million euros (3 million pounds), its exact material worth, from the estate of an insolvent investment firm at a rare auction in Vienna on Friday.
As a reminder to readers – Section 2 of Roosevelt’s Act read as follows: All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System
It is fairly typical in the midst of economic crises like these for gold to come under attack from Keynesians economists and their amen corner in the media. The arguments against gold are usually straw men, based on a fundamental misunderstanding of
Gold hit a record dollar high above $1,250 an ounce and new peaks in other currencies on Tuesday as concern over Europe's economic outlook lifted risk aversion, reversing early gains for the euro and stock markets.
The failure this past week of these manipulation efforts is a huge signal that we are closer to the day when the floodgates will give way and we see gold and silver prices surging more quickly and by greater percentages.
Whereas gold is seen as a store of value and a hedge against economic Armageddon, what some call "Dr. Copper" is said to be the metal with a Ph.D. in economics for its ability to presage the future of the global economy.
European investors panic buying bullion as crumbling faith in fiat money leads to unlimited demand for precious metal
Can you still buy a sports car for $10,000? We bought our first real automobile for $78. It was a ’37 Plymouth. Beautiful car. All original. And it ran well…for a while. We were only 16. We didn’t have a driver’s license yet, but we were getting read
mp3 interview of whistleblower who showed the CFTC exactly how the precious metals markets are being manipulated by the banksters. He also claims that foreign funds are ready to pounce and claim delivery of gold and silver that does not exist.
Interesting information regarding the gold market and the manipulators behind a global lie. Link to Original Radio Broadcast: http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html
Large multiple-ounce nuggets are being dug up, and metal detectors are being ordered around the globe.