Gold and Silver are alleged by the mainstream media to be in a Bubble. One reporter goes out on the street to see how many people are actually buying gold or silver.
Very funny.Read more »
The price of gold shot up yesterday. Reports said investors were betting on another round of “quantitative easing,” a.k.a. money printing. But are gold buyers making a big mistake? Is history repeating itself? The New York Times suggests it is:As it was in 1980, could it be again in 2012? The 1980 presidential election was fought by a Democratic incumbent weakened by a poor economy amid worries that the United States had lost its ability to compete in the world. No, history is not repeating itself. The NYT is wrong…about everything. Well, almost everything.Read more »
This video covers the history of money, the Federal Reserve, and how they relate to today's financial crisis. A normally dry subject has been made into a highly entertaining cartoon!Read more »
New bitcoin trading site, Coinabul.com, is now accepting bitcoins in exchange for gold. Orders are currently live during the private beta. Coinabul is the only true Bitcoin-to-Gold exchange in the world. Bitcoin is a digital stored value vehicle, able to provide near-instant transaction capability in a global Internet economy. Bitcoin users are able to trade in bitcoins to their national currency via currency exchanges, but for users who prefer to save their money in gold, Coinabul provides instant gold purchasing capabilities.Read more »
San Diego City leaders want to slow the increased interest in gold sales and purchases within city limits. All federal legislation is experimented with at the local level first, usually in California, to see how the populace reacts. FDR banned gold in the 1930s. Obama recently banned over-the-counter gold futures, but many people think he won't have the guts to actually seize the physical gold like FDR. When serious inflation hits, the state will get nasty.Read more »
So far we have only received this warning from Forex.com. We are waiting to see which other dealers inform their customers that trading gold and silver over the counter will soon be illegal.Read more »
Bitcoin is apparently no better than a fiat currency.Read more »
Craig Franco hopes to cash in on Gold currency legalization with his Utah Gold and Silver Depository. His business idea: Store your gold and silver coins in a vault, and Franco issues a debit-like card to make purchases backed by your holdings.Read more »
A return to the gold standard by the United States within the next five years now seems likely, because that move would help the nation solve a variety of economic, fiscal, and monetary ills, Steve Forbes predicted during an exclusive interview this week with HUMAN EVENTS.Read more »
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