In a final twist to a five-year legal drama, the Peruvian government today appealed to the US Supreme Court to prevent the return to Spain of mountains of salvaged 19th-century lucre that are sitting in a US air base in Florida, according to The Asso
When gold was undergoing its latest (and certainly not greatest) near-parabolic move last year, there were those pundits consistently calling for comparisons to 1980, and the subsequent gold crash.
Let's return to the gold standard ... It might be said that a simpler approach than Mr. Lehrman's might be the most likely way to get back to a gold standard.
NumberSleuth.org took on the ever interesting task of breaking down the life of gold, including where it is, who has it, and where it's going. Some of the facts pulled from this beautiful graphic are astonishing.
Did you know that all the gold in
The gold express pulled into the station back in December, merely a pause to consolidate its 9.3% gain for 2011. It let some passengers off and let others get on board before it rolled again.
Now it’s about to leave the station again.
It’s
Charles Goyette of American Breaking Point and international bestselling author of The Dollar Meltdown joins Daily Paul Radio with Kurt Wallace for ‘Iran and India Oil for Gold’ to discuss the impact of a direct exchange between India and Iran bypass
Thieves in Yreka, Calif., made off with $3 million in gold nuggets Wednesday after breaking into the Siskiyou County Courthouse and smashing a glass case that contained a display on the area's mining history, officials said.
For those of you who didn't catch Part I, here is is again: http://silverunderground.com/2012/01/what-is-money-part-i/
In order to serve as a medium of exchange, a unit of account, and a store of value, money must have certain characteristics, or
Here’s something unexpected. According to IMF data, the central bank of Kazakhstan recently purchased 3.1 metric tons of gold, increasing its reserves by 4.2%.
Gold and silver are sliding Tuesday, pausing after both hit six-week closing highs to open the week and physical demand from Asia remained light as Chinese markets celebrated the Lunar New Year holidays.
Ernest will be broadcasting the show live from the Arizona Breakfast Club this morning where he will talk about silver. - Archive loaded of live audience show about our plans to change the planet again,... 'cause we can
It is my understanding that gold prices are determined 90% by paper transactions. Is that so? And if so, the price for those of us who only buy & sell for physical delivery is not known, except as posted by our dealers. So how do we know what the pri
I generally not try to predict the price of anything. I’m not very good at it. If I was, I would never have purchased a condo in 2007 after its price fell 25%.
Whether any potential deflationary effects are short-lived (like 2008) or long-term (Japan), I still want to own gold. Along with a debt-bubble bursting will come a severe loss of confidence in the fiat system… and gold is a great hedge in this scena
It's one thing for $1.2 billion to vanish through a series of complex trades, the phenomenon at bankrupt MF Global. It's something else for a bar of silver stashed in a vault to instantly shrink in size by more than 25%.
A popular topic on forums sympathetic to personal ownership of gold bullion is the debate surrounding how to value certain gold coins. After all, in 1985 congress passed the Gold Bullion Coin Act that required the US government to mint and place in c
Yesterday when gold was trading in the $1570 we suggested that based on the very volatile shifts in the funding environment for gold, whereby the gold lease rate had moved from record negative to borderline flat, the plunge in the yellow metal is lik
There simply isn't enough physical silver to deal with the demand of a fiat currency crisis. As the paper silver market pushes prices down, all hell will break loose in the physical market.
Now I usually do my dealing face to face with a local bullion shop, but just as Christmas shopping isn't always done in a store anymore, neither are all precious metal purchases. Many friends and associates have mentioned the gold and silver buying
Individual investors who purchase more than 10 million yen ($129,000) of debt with a 0.05 percent return and keep it for three years will receive a gold commemorative coin weighing 0.55 oz, worth about $948 based on current prices.
A Utah man who wants to pay his taxes with silver coins has been rebuffed by state and county officials who claim it's impractical to accept the precious metals despite a state law making them legal tender.
Jim Rogers, chairman of Rogers Holdings, talks about his investment strategy. Rogers also discusses Europe's sovereign debt crisis, Federal Reserve monetary policy and the U.S. economy.
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