10 Countries Sitting On Gigantic Piles Of Gold
• http://www.businessinsider.com, Mamta BadkarGold prices have been supported by central bank gold purchases.
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Gold prices have been supported by central bank gold purchases.
In the investment world, it’s said that the best remedy for high prices is… high prices.
Both the US dollar and the Euro currency systems are in crisis.
In one of the most bullish gold calls since the Federal Reserve announced a new round of easing last week, one strategist sees a 36 percent jump in the metal's price [GCCV1 1773.50 4.80 (+0.27%) ], to $2,400 an ounce, by the end of 2014.
Our friends at Visual Capitalist have put together another knockout infographic, this time on how Nevada will soon witness a 21st century gold mining rush.
It's impossible to use gold as money when it's taxed as a collectible. Does the Constitution implicitly forbid such a tax? I think such a case can be made under Article 1, Section 10:
Art Cashin believes it was a mistake for the U.S. dollar to come off of the gold standard.
Demand for gold as an investment got crushed in the second quarter this year, declining 25.9 percent from last quarter – the worst quarter-over-quarter drop seen since the third quarter of 2010.
Faced with the prospect of a global collapse in the banking system, the Chancellor took the decision to bail out the banks by dumping Britain’s gold, forcing the price down and allowing the banks to buy back gold at a profit
Interesting how China was "advised" on the purchase by Rothschild and UBS. JPMorgan and Goldman Sachs are reported to be in line for a huge windfall.
The Moneylith has arrived and is well on its way to transforming the silver economy. This clever video demonstrates the Moneylith in action in a creative take resembling 2001: A Space Odyssey.
Here are pictures from a discovery made in March. The bar passed a hand-held xrf scan which showed 99.98% pure AU. The tungsten was only discovered when the bar was physically cut in half.
Why stop with a "gold" standard? Anything whose value everyone agrees on can be used as a trade-standard, which is just what money is. Why not include other precious metals, such as silver, platinum and copper? All those c
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While the price of gold falls slightly, the reasons to own it are growing.
Mexican authorities say that, since 2008, criminal gangs have robbed so many trucks carrying gold shipments that some mining companies have been forced to switch to aerial transportation.
What happens after the social dislocation caused by the (partial) system change in 1989 and the related appearance of Western firms who climb into bed with the "new" rulers who have more than a foot in the old world
There are times, my friends Michael Lewitt and Dr. Lacy Hunt agreed today at lunch, when the study of economics is best informed by a sound knowledge of history.
Gold prices rose towards $1,650 an ounce in Europe on Thursday as the dollar sank to a three-week low against the euro, coming under pressure after the Federal Reserve opted to keep interest rates at rock bottom.
A return to the gold standard is inevitable, perhaps as early as next year. And gold prices could hit $10,000/oz.
Italy exported a total of 120 tonnes of gold to Switzerland last year. The solid gold bars are now Italy's fastest growing export.
Warren Buffett doesn’t like gold. Warren Buffett scorned gold as an asset that is “forever unproductive.”
The Value of "Worthless" Paper Gold versus Physical Gold
There was a time when catching the silver "whack-a-mole" algo, or process, or intervention, or manipulation, or whatever one wants to call it, in action was a myth: an urban legend, perpetuated by silver conspiracy theorists.
Political risk in the Middle East has increased significantly with war between Iran and Israel almost inevitable, and precious metals and equities investments offer some safety.
Megan Duffield represents Silver Circle on the first episode of Ron Paul Flix's nightly show. She shares the story of the Silver Circle in Ron Paul's hand, and what message Dr. Paul was trying to convey in the hearing with Fed Chairman Ben Bernanke
For immediate release 03-01-12 Contact: Megan Duffield, megan@lineplot.com | 617-864-8300 x122 This is no handy working of Photoshop. During Ben Bernanke’s testimony to the Committee on Financial Services yesterday, Congressman Ron Paul responde
Two military planes carrying 17 tons of silver coins recovered from a Spanish ship sunk in 1804 have taken off from Florida. The treasure is being flown back to Spain after a nearly five-year legal struggle with the U.S.-based explorers who found and
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
Was this because of Greece, something said in last night's debate, or just common sense?
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.