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.
Investors are accumulating enough bullion to fill Switzerland’s vaults twice over as gold’s most- accurate forecasters say the longest rally in at least nine decades has further to go no matter what the economy holds. Analysts raised their 2011 f
Rep. Ron Paul (R-Texas) said he plans to introduce legislation next year to force an audit of U.S. holdings of gold. Paul, a longtime critic of the Federal Reserve and U.S. monetary policy, said he believes it's "a possibility" that there migh
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.
“If there was no question about the gold being there, you think they would be anxious to prove gold is there,” he said of the Federal Reserve.
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 state government of Kelantan (Malaysia's most muslim region) plans to begin circulation of the new coins by using them to meet payroll for the state's employees.
Gold turned higher on Wednesday, shrugging off a 1 percent rise in the dollar versus the euro, as concerns over the outlook for the U.S. economy and the potential for further monetary easing sparked haven buying of the metal.
In normal markets, when the value of the US dollar plummets so quickly, gold and silver prices take off. Not this time.
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.
The United States and it's debt.
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.
This week Max Keiser and co-host, Stacy Herbert, look at the latest scandals of deficit fraud, Hank Paulson's love of financial reform and the RIAA's very low return bullying. In the second half of the show, Max talks to Ben Davies of Hinde Capital a
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.
Ron Paul Silver Ounces Accepted at Michigan Gas Station; Chiropractor Accepts Gold, Silver, Apple Pie; Back to the Stone Age; Chickens Invade Lansing http://globaleconomicanalysis.blogspot.com/2010/07/ron-paul-silver-ounces-accepted-at.html Her
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.
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. From
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.
In the last chapter of The Dollar Meltdown, Charles Goyette makes a fascinating observation about what has been depicted on American coins over the years: America's earliest coins portrayed Liberty. Not rulers and politicians. Just Liberty. A symb
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.