U.S. Currency At No Risk Of Becoming Sound – Gold Has Spoken
Ben Bernanke tells us he wants a sound dollar and Barrack Obama tells us he wants to cut entitlements and reduce the budget deficit. I have no doubt that both gentlemen are honorable and doing what they believe is best for the country. Others, perhaps less
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Steve Forbes Joins Ron Paul’s Call For Gold Backed Currency
Steve Forbes, CEO of Forbes Magazine, said the U.S. should return to a gold backed currency to prevent further debasement of the U.S. dollar. Mr. Forbes joins a growing chorus of intellectually honest Americans who view
Zimbabwe Central Bank Chief Bashes U.S. Dollar While Promoting Gold Backed Currency
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
iShares Silver Trust and SPDR Gold Trust Holdings Increase As Worries Over Paper Money Grow
Both the iShares Silver Trust (SLV) and the SPDR Gold Shares Trust (GLD) saw holdings jump on the week as precious metal prices continued to climb. The holding of the SLV increased by a substantial 213.98 tonnes over the past week after posting a decline of 192.74 tonnes in the previous week. The all
Ten Reasons Gold Is Not Above $1,000
Gold reached its all time high price above $1,000 per ounce a few days after the shocking Bear Stearns bailout. In the following months gold often experienced sharp declines and has stubbornly refused to reattain the key $1,000 level despite more shocking bailouts, bank failures, and bankruptcies. Reporters,
