Why A Gold Backed Currency Is No Longer Possible

Why A Gold Backed Currency Is No Longer Possible

June 14, 2011

It is ironic that one of the most eloquent proponents of a gold standard did the most to ensure that we will never have one.  Alan Greenspan's 1966 paper entitled "Gold and Economic Freedom" expounded on the role of a gold backed currency in protecting wealth

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Ron Paul’s Call For Gold Backed Currency Would Value Gold At $54,300 Per Ounce

Ron Paul’s Call For Gold Backed Currency Would Value Gold At $54,300 Per Ounce

June 13, 2011

FORT KNOX Ron Paul said today that the creation of a sound U.S. currency, "backed by gold or some other commodity respected by the market" was the most important first step to create new jobs and encourage capital

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Zimbabwe Central Bank Chief Bashes U.S. Dollar While Promoting Gold Backed Currency

Zimbabwe Central Bank Chief Bashes U.S. Dollar While Promoting Gold Backed Currency

May 16, 2011

According to a news report in New Zimbabwe, the head of the Zimbabwe Central Bank is warning that the U.S. dollar may lose its reserve currency status soon and suggested that Zimbabwe

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Gold and Silver Recap: Prices Mixed, $500 Silver Campaign

Gold and Silver Recap: Prices Mixed, $500 Silver Campaign

November 19, 2010

The excitement seems to generally be wearing off.  It could be the end of the bull market in precious metals.  I don’t think so, but if I call it now and it does happen I will look like a prophet as every one else (including me) thinks that gold is going up.  Words are cheap.  Silver certainly

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Source for GLD Gold, SLV Silver Exceeds Capacity, Fort Knox Gold Audit

Source for GLD Gold, SLV Silver Exceeds Capacity, Fort Knox Gold Audit

April 2, 2009

As gold turns lower on reports of a "turning point" for the entire global economy, let's take a look at some thought provoking gold, silver, and precious metals related stories from other news sites and blogs. This round up includes stories on the Gold ETF and Silver ETF, a call for a return to the gold

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Gold and Silver News & Headlines for November 26

Gold and Silver News & Headlines for November 26

November 26, 2008

Dig It: These People are Burying Their Cash Some people are withdrawing money from their FDIC insured, interest bearing bank accounts to bury the cash (or gold purchased with cash) in their backyards. A

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Gold and Silver News & Headlines for November 21

Gold and Silver News & Headlines for November 21

November 21, 2008

Trump Alumn Fired Up About GoldandSilverNow A former finalist from "The Apprentice" has started a peer-to-peer network for buying and selling gold and

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