A Spanish precious metals trading company bought the world's largest gold coin for 3.27 million euros (3 million pounds), its exact material worth, from the estate of an insolvent investment firm at a rare auction in Vienna on Friday.
Gold bullion came just short of its all-time high and U.S. gold futures ran up to their highest close ever on Thursday on both concern over Europe's credit problems and downbeat U.S. data which encouraged a fresh sweep into safe-haven assets.
This book is the only book ever written specificially on the subject of junk coins. Along with an introduction to the why's and how's of buying junk coins it includes data from nearly 100 countries on thousands of coins from around the world.
The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself.
As a reminder to readers – Section 2 of Roosevelt’s Act read as follows: All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System
It is fairly typical in the midst of economic crises like these for gold to come under attack from Keynesians economists and their amen corner in the media. The arguments against gold are usually straw men, based on a fundamental misunderstanding of
Gold hit a record dollar high above $1,250 an ounce and new peaks in other currencies on Tuesday as concern over Europe's economic outlook lifted risk aversion, reversing early gains for the euro and stock markets.
The price of gold could drop 40 percent from its all-time high because of bearish technical momentum and deflation amid a European debt crisis, said Elliott Wave International President Robert Prechter.
For fifty years generations of what we know as the Freedom Movement have struggled to obtain the blessings of liberty, affirming our inherent rights, and living in peace. How much progress has there been? As someone who has volunteered and donated
The failure this past week of these manipulation efforts is a huge signal that we are closer to the day when the floodgates will give way and we see gold and silver prices surging more quickly and by greater percentages.
It's not even midway through 2010 and Caterpillar has sold out of some of its largest mining vehicles because of rising commodity prices, and is now taking orders for 2011 delivery.
A business inadvertently gives you counterfeit money — are you stuck with it? In most cases, yes. But what if that business happens to be a branch of the federal government?
The European banking system is in crisis, says Hendry. The hedge fund manager went on BBC Newsnight to play pessimist against Jeffrey Sachs, an economist from Columbia University. Of course the two get into a fight. It's awesome.
Whereas gold is seen as a store of value and a hedge against economic Armageddon, what some call "Dr. Copper" is said to be the metal with a Ph.D. in economics for its ability to presage the future of the global economy.
Three truck drivers, showing what appeared to be the right paperwork, drove off with $500,000 worth of copper wire from a Georgia company, police said.
Can you still buy a sports car for $10,000? We bought our first real automobile for $78. It was a ’37 Plymouth. Beautiful car. All original. And it ran well…for a while. We were only 16. We didn’t have a driver’s license yet, but we were getting read
Gold surged to a record high on Wednesday as investors sought safety from the risk of Greece's debt crisis spreading to other countries, with demand for coins, bars and bullion-backed exchange-traded funds all climbing.
The Treasury is still fishing for blanket authority to change compositions rather than asking the Congress to authorize a specific replacement composition as used to be done.
Jim Sinclair’s Commentary
I have been the recipient of some very disturbing changes in arrangements between clients and safety depositories. You will see herein that bullion and cash is being categorized with pornography.
Please note that the legal
mp3 interview of whistleblower who showed the CFTC exactly how the precious metals markets are being manipulated by the banksters. He also claims that foreign funds are ready to pounce and claim delivery of gold and silver that does not exist.
Interesting information regarding the gold market and the manipulators behind a global lie.
Link to Original Radio Broadcast:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/3/30_Andrew_Maguire_%26_Adrian_Douglass.html
You know you should own gold in this economy, but what about just going out and getting it? Come see how many people even today go out and get their own.
Despite the inability of the U.S. Mint to acquire sufficient blanks, both gold and silver bullion coins smashed sales records due to unprecedented investor demand in FY 2009.
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