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HB 2731 was dropped this week by Rep. Cary Condotta, Rep. Matt Shea, and Rep. Overstreet to legalize gold and silver as legal tender in WA St. as directed by the US Constitution.
Price jumped over $1 just today.
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.
Bernanke is facing what no Federal Reserve chairman has ever faced: public awareness of the Federal Reserve System
Facing double-digit inflation in 1981, Congress created a commission to consider a role for gold in U.S. monetary policy. The 17-member panel rejected the idea of returning America to the gold standard — except for two dissenting members.
Charts and graphs help explain gold...
Unfortunately you have to buy a lot, and you can't get anything but the Roosevelt dimes and Washington Quarters in your 'Face Value' order but for just stocking up this is a very good site
The global economy is in turmoil. Europe is on the verge of collapse, probably taking the US down with it. As the euro-crisis worsens, we march ever closer to outright monetization of European debt by the ECB and, covertly, by the Federal Reserve.
Host:
Ernest Hancock
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
There remains no real resolution to the sovereign debt issues in many European countries. We’re certainly not spending less money in the US, and now we’re bailing out Europe via currency swaps with the European Central Bank. Shouldn’t gold be rising?
So funny you would swear it must be a prank. Girl needs to let her hair go back to blonde.
I recommend people divest their interest in dollars and invest in precious metals, silver in particular as it is obviously undervalued. Start building a community of businesses that will accept real money (silver and gold) in trade.
Now is the time to spread the message of sound money and expose the fraudulent acts of the Federal Reserve. If we don’t, we may be that person in 2019 begging for a $20 bill.
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
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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
A meme (pronounced “meam”) is an idea, behavior or style that spreads from person to person within a culture. It is also one of those things where you use the definition everyday without really paying too much attention to the actual word that you’re
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
If you have 2 trucks, back them both up!!
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
Question: A Greek, an Italian and a Spaniard walk into a bar. Who picks up the tab? -------- Answer: The Americans. All financial eyes are once again trained on the European debt crisis, with investors worldwide wondering how it will p
There are some that have argued that a currency collapse will be used as the pretense to implement a multi-continental or even global digital currency. Most likely it would be in the form of a debit card, similar to what has been popularized in Germa
Gold was set for its biggest one-day fall in three months on Monday, under pressure from a robust dollar, which in turn choked off demand from consumers in key regions such as India. Last week's summit of European Union leaders yielded a historic
With concerns about liquidity and solvency in the European banking system, there is lending and possibly even selling of gold by banks to raise much needed cash. This may be creating short term weakness in gold bit is bullish for gold in the long ter
12/08/11 Silver is an amazing metal…which is why it’s likely to soar over the coming years… You see, silver has more than 10,000 uses. It’s one of the world’s best conductors of heat and electricity.
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.
The academic economics profession is united on only one topic: the superiority of central banking to the gold standard.
