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- Is gold still a good investment at $1,500 and higher?
- The Truly Remarkable Run of Silver
- Silver ETF SLV: What Goes Up Must Come Down
- 4 High Yield Blue Chip Stocks With Good Growth Prospects
- Metal ETFs: Astonishing Performers Overshadow the More Fragile Participants
- Copper Update: Housing Starts, Earnings Keep Long-Term Prognosis Positive
- The Coming Bond Market Collapse: 3 Ways to Dodge the Damage
- The Squeeze is On
- The University of Texas straddles the gold bull
- Anyone regret buying gold?
- Silver Surges Over $46.25/oz as Rumours of a Short Squeeze and…
- 1/2 Ounce Koala, 1/2 Ounce Britannia, 1/2 Ounce Etc
- Why next month could bring an even bigger tailwind for gold
- A huge oil story you haven't heard: Chinese oil giant is halting all exports
- Another day, another dollar: Silver takes out $46
- Silver Spikes And Corrections
- In The Bunker With JP Morgan **Funny**
- Silver price rising three-times as fast as gold
- Gold-Silver Ratio Nearing First Action Target
- Silver and Gold Guarantee Freedom
- Gold and Silvers Daily Review for April 19th, 2011
- Only A Next Step in the Economic Collapse
- Gold - a Flight to Quality
- Gold and silver prices seemingly unstoppable
- University Of Texas Fund CEO Shares His Views On Gold, Explains Why He Took Delivery Of $1 Billion In The Precious Metal
| Is gold still a good investment at $1,500 and higher? Posted: 21 Apr 2011 09:34 AM PDT Precious metals have been the best performing asset class of the past 10 years. Gold hit a new all time high on April 19 when it crossed the $1,500 mark. Gold is up 32% compared to April 2010 and 470% compared to April 2001. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The Truly Remarkable Run of Silver Posted: 21 Apr 2011 06:40 AM PDT  Hickey and Walters (Bespoke) submit: As gold continues to receive all the headlines, silver continues to look at the yellow metal in the rearview mirror. Below we highlight a few charts and tables that show just how remarkable the run for silver has been. Had you invested $100 in silver ten years ago today, your investment would now be worth $1,037. A $100 investment in gold would be worth about half that at $569, and a $100 investment in the stock market S&P 500 (SPY) would be worth -- wait for it -- $107.48. (Click charts to expand) The two main silver ETFs (SLV) and (DBS) have gone absolutely parabolic over the past few weeks. Both are currently trading more than two standard deviations above their 50-day moving averages, and just when they seem about as overbought as they can possibly get, they get even more overbought. Below is a list of the ETFs across Complete Story » | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Silver ETF SLV: What Goes Up Must Come Down Posted: 21 Apr 2011 06:40 AM PDT Tom Lydon submits: A silver exchange traded fund (ETF) jumped more than 2% Thursday afternoon to a new record high, but some analysts continue to warn that when the metal does Complete Story » | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 4 High Yield Blue Chip Stocks With Good Growth Prospects Posted: 21 Apr 2011 06:25 AM PDT Bret Jensen submits: A very good day in the markets Wednesday as better than expected earnings from IBM (IBM) and Intel (INTC) drove a 1.35% gain in the S&P index and larger increases in the other major indexes. Oil also gained roughly 3% and gold is hovering at $1500 an ounce. Meanwhile the Federal Reserve continues to keep interest rates near zero and QE2 continues for another ten weeks. Gas is now approaching or surpassing $4 a gallon in most states and will surpass an all-time record soon. This will impact both consumer sentiment and spending in a negative way. The Greek 2-year bond yield just hit 22%, and its 10-year yields are near 15%. The market there is telling you a debt restructuring is on the way, which will be very negative for the banks and the markets overall. I think it pays to be increasingly cautious here as we head into Complete Story » | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metal ETFs: Astonishing Performers Overshadow the More Fragile Participants Posted: 21 Apr 2011 06:09 AM PDT  Gary Gordon submits: Market watchers have been "bedazzled" by gold's new price tag at $1,500 per ounce. Similarly, ETF enthusiasts have been intrigued by Van Eck's ability to attract $500 million in assets for Market Vectors Rare Earth Metals (REMX); the exchange-traded fund has been in existence for less than six months. Performances for many of the metal ETFs and metal ETNs have been nothing short of astonishing. In as little as three months, five prominent representatives have double digit returns.
Perhaps surprisingly, there are Complete Story » | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Copper Update: Housing Starts, Earnings Keep Long-Term Prognosis Positive Posted: 21 Apr 2011 05:54 AM PDT Michael Filighera submits: Market Movers The correction previously discussed dropped prices below support at 421 this week on the perception that China's demand would slow as the government continued to reign in inflation by raising interest rates and increasing reserve requirements. This however was soon replaced by a more positive tone after U.S. Housing starts showed. "U.S. builders broke ground on 549,000 homes at an annual pace in March, more than analysts forecast." Southern Copper (SCCO) reported a 25% increase in first quarter profits (although the stock ultimately traded lower on the day), and reports from Chile added some fuel to the rally fire that supply would continue to fall short of demand. Unfortunately also contributing to upside momentum was the report that Freeport-McMoRan (FCX) suspended operations at its mine in Indonesia after an industrial accident killed one worker and left another missing. Technical Analysis The daily chart for copper has been updated Complete Story » | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The Coming Bond Market Collapse: 3 Ways to Dodge the Damage Posted: 21 Apr 2011 05:28 AM PDT Martin Hutchinson submits: We're on a collision course with the worst bond market collapse in decades. The warning signs are as clear as day. There's still time to dodge the damage - and even to profit - if you know what to look for. But the time to make your move is now ... Three Catalysts for a "Total Bond Market Collapse" U.S. Treasury bond yields have been only moderately strong since December, with the 10-year Treasury yield rising from 3.31% to 3.40%. As a result, bonds have been a pretty unprofitable play for investors. In fact, a 10-year Treasury purchased Jan. 1 has lost 0.76% of its principal, which almost wipes out the roughly 1% in interest the bond has yielded during that same three and a half month stretch. While that only represents a moderate decline in bond prices, take heed: That gentle slope leads directly to the precipice of a Complete Story » | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 21 Apr 2011 04:49 AM PDT The Gold Speculator | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The University of Texas straddles the gold bull Posted: 21 Apr 2011 04:13 AM PDT Goldmoney | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 21 Apr 2011 03:06 AM PDT What I mean is do you regret not using that same money to buy silver instead? I imagine people who bought platinum feel worse. :vollkommenauf: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Silver Surges Over $46.25/oz as Rumours of a Short Squeeze and… Posted: 21 Apr 2011 02:04 AM PDT | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 1/2 Ounce Koala, 1/2 Ounce Britannia, 1/2 Ounce Etc Posted: 21 Apr 2011 01:43 AM PDT A sign of the times, fractional GOV silver coins are issued. Stop melting coins. The path is already set for PM currency. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Why next month could bring an even bigger tailwind for gold Posted: 21 Apr 2011 01:13 AM PDT From Pragmatic Capitalism: Jay Kaeppel, the author of Seasonal Stock Market Trends has done some really excellent work on the various seasonal trends that we see in the markets. These trends are often discussed in the equity markets, but are often more pronounced in the commodity markets where fundamentals are more likely to be impacted by weather and other macro trends. In his latest piece, Kaeppel discussed the seasonal trend in gold with a focus on May's performance... Read full article... More on gold: How to buy gold at the best possible price The No. 1 reason gold could go to the moon This could be the best news for gold in 30 years | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| A huge oil story you haven't heard: Chinese oil giant is halting all exports Posted: 21 Apr 2011 01:07 AM PDT From Zero Hedge: As if a dollar in freefall wasn't enough, surging oil is about to hit the turbo boost, decimating what is left of the U.S. (and global) consumer. Xinhua, via Energy Daily, brings this stunner: "Chinese oil giant Sinopec has stopped exporting oil products to maintain domestic supplies amid disruption concerns caused by Middle East unrest and Japan's earthquake," a report said Wednesday. The state-run Xinhua news agency did not say how long the suspension would last but it reported... Read full article... More on energy: Why high oil prices could be here to stay this time Casey Research: What to expect from oil for the rest of the year Must-read: New article details Obama's flip-flopping and BS on U.S. energy | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Another day, another dollar: Silver takes out $46 Posted: 21 Apr 2011 12:59 AM PDT From Bloomberg: Gold climbed to a record in London and New York for a fifth day, trading above $1,500 an ounce, as a weaker dollar and debt concerns boosted demand for the metal as an alternative investment. Silver rose to a 31-year high. The dollar slid to the lowest level since August 2008 against a basket of six major currencies. Greek two- and 10-year government bond yields reached euro-era records amid speculation the nation won't be able to avoid restructuring its debts. Fighting in Libya and Japan's nuclear crisis helped gold, which typically moves inversely to the greenback, to gain 6.1 percent this year. "The key element determining gold's near-term direction right now is the U.S. dollar," Edel Tully, an analyst at UBS AG in London, said today in a report to clients. "Sovereign debt concerns in U.S. and Europe along with inflation fears provide a good backdrop for gold." Immediate-delivery bullion gained as much as $6.32, or 0.4 percent, to $1,508.88 an ounce and was at $1,507.70 by 11:21 a.m. in London. Gold for June delivery was 0.6 percent higher at $1,507.80 an ounce on the Comex in New York after reaching a record $1,509.50. Bullion rose to $1,507 an ounce in the morning "fixing" in London, used by some mining companies to sell output, from $1,501 at yesterday's afternoon fixing. Seventeen of 20 traders, investors and analysts surveyed by Bloomberg, or 85 percent, said bullion will rise next week. Two predicted lower prices and one was neutral. Dollar Decline The U.S. Dollar Index dropped as much as 0.9 percent before a report forecast to show U.S. house prices fell for a fourth month, underscoring prospects the Federal Reserve will maintain monetary stimulus. Central banks in Europe and Asia have raised interest rates to help combat accelerating consumer prices. The U.S. Treasury Department projects the government could reach its debt ceiling limit of $14.3 trillion as soon as mid-May and run out of options for avoiding default by early July. The uprising in Libya, which began Feb. 17, has settled into a military stalemate near the central oil-port city of Brega. Italy, France and the U.K. said they are sending military advisers and trainers to help Libya's disorganized and poorly equipped rebels, as French President Nicolas Sarkozy called for intensifying airstrikes against forces loyal to Muammar Qaddafi. "Trading is expected to be thin today and next week as market participants will be out" because of holidays, UBS's Tully said. "The lack of liquidity means that gold may not be as orderly as it has been this week and we could see large price swings." Silver for immediate delivery climbed as much as 1.8 percent to $46.07 an ounce, the highest price since January 1980, the year the metal reached a record $50.35 in New York. It was last up 1.5 percent at $45.9188 and has surged 49 percent in 2011. An ounce of gold bought as little as 32.73 ounces of silver in London today, the least since June 1983, data compiled by Bloomberg show. Palladium was 1.2 percent higher at $769 an ounce. Platinum rose 0.7 percent to $1,816 an ounce. To contact the reporter on this story: Nicholas Larkin in London at nlarkin1@bloomberg.net. To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net. More on precious metals: Jim Rogers issues an urgent warning on silver This weekend's gold news could change everything If you own gold or silver stocks, this analysis could surprise you | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 21 Apr 2011 12:42 AM PDT Silver continues its powerful and relentless move higher. From August 2010 until now this is the biggest rally during this silver bull market that started early last decade. Silver has also been the star performer of the financial world over the past year as you can see on the graph below. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| In The Bunker With JP Morgan **Funny** Posted: 21 Apr 2011 12:42 AM PDT Another excellent version, this is my favourite so far! | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Silver price rising three-times as fast as gold Posted: 21 Apr 2011 12:33 AM PDT Over the past three days the price of silver has jumped from $42 to $46 an ounce, while gold has moved up from $1,480 to $1,507 at the time of writing. That is approximately a six per cent gain for silver and two per cent for gold. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gold-Silver Ratio Nearing First Action Target Posted: 21 Apr 2011 12:26 AM PDT SOUTHEAST TEXAS – A very weak U.S. dollar helped to buoy gold and silver Wednesday, moving the gold/silver ratio lower, close to our first "action target." The uncommonly weak U.S. Dollar Index (DXY) closed Wednesday at 74.37, within "sniffing" distance of its November 2009 turning low of 74.23. As we write this early Thursday, well before sunrise, the DXY continues lower, currently trading through the 73.80s, which is, of course, below the lows of 18 months ago. So the dollar index has already cut a lower low, at least intra-day today. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Silver and Gold Guarantee Freedom Posted: 20 Apr 2011 11:38 PM PDT Silver and Gold Guarantee Freedom by Edwin Vieira - GATA Originally published April 21st, 2008 Silver and gold are not merely valuable commodities, investments, and media of exchange. More importantly, they are key "checks and balances" in America's legal and political institutions. The fight against the use of silver and gold as money that has been waged by bankers and rogue politicians since the 1870s as to silver and the 1930s as to gold -- and will intensify as fiat currencies collapse throughout the world -- is ultimately directed against America's national independence, her constitutional government, and every common American's individual liberty and prosperity. The Constitution of the United States adopted a monetary system consisting of silver and gold coin, in which the standard is the "dollar," containing 371 1/4 grains (troy) of fine silver, with the values of gold coins to be measured in "dollars" according to the free market's rate of exchange between silver and gold. Neither the general government nor any state is authorized to emit paper currency. These restrictions prevent rogue public officials from turning public debts into currency, as a means for redistributing wealth from society to political elitists and their clients in special-interest groups. Furthermore, although the Constitution does not mention banks, either public or private, its only correct construction requires separation of bank and state -- extirpation of all inherently fraudulent fractional-reserve banking schemes -- and rigorous regulation of all other fractional-reserve arrangements that might operate fraudulently. (See Edwin Vieira Jr., "Pieces of Eight: The Monetary Powers and Disabilities of the United States Constitution," second revised edition, 2002.) But since the early 1800s rogue politicians and bankers have steadily subverted the Constitution by forging an increasingly tight relationship between bank and state. Through the grant of one abusive special privilege after another, politicians have immunized fractional-reserve banking against the just economic and legal consequences of its own inevitable failures, so that public officials and bankers could turn both public and private debts into currency -- thus separating the supply and the purchasing power of currency from the economic discipline of the free market, and rendering those matters largely political in nature. Under the Federal Reserve System, Americans no longer enjoy "money" in the economic sense but are subjected to what must be denoted as "political currency," with emphasis on the adjective. Political currency is emitted on the basis of political debts --that is, either 1) public debts or 2) private debts for the payment of which the creditors expect public bailouts if their debtors default. Unfortunately, the Federal Reserve System is inherently unstable, and must lurch from one self-generated crisis to another, each increasing in severity, until its house of financial cards self-destructs. Having separated society's medium of exchange from the production of real goods and services in the free market -- and instead linked the currency to creating, packaging, marketing, servicing, and eventually salvaging political debts -- the Federal Reserve system encourages, facilitates, and rewards irresponsibility on the part of both lenders and borrowers, in the private as well as the public sector. For those who benefit from the system to continue to loot society, the supply of political currency must expand. For that supply to expand, political debts must increase. True enough, political debts can increase, even geometrically, because political currency can be created (as the saying goes) "out of nothing" to float them. But real wealth cannot be generated simply by the emission of paper promises. Neither can new paper promises pay off old ones. So, avarice being unlimited, insatiable, and imprudent, the whole operation must cumulate and culminate in an unsustainable bubble of debts that either implodes in a depression or explodes in hyperinflation. Although the Federal Reserve System is fatally flawed, the wealth and power of elitists in high finance, big business, and the political class depend on maintaining it -- or replacing it in a timely fashion with something of equal serviceability for their ends. As it cannot long be maintained, it must and will soon be replaced. With what remains a matter for speculation. Not open to the slightest doubt, however, is that, as crises have rocked the system, the establishment has always moved farther away from the Constitution -- deeper into the sump of lawlessness -- to shore up the banking cartel, and always at the expense of common Americans. In the 1930s, in response to the collapse of the fractional-reserve racket, rather than reforming the operations of the banks, the Roosevelt administration and a pliant Congress seized the American people's gold and outlawed almost all public and private contracts promising to pay in gold. In the 1950s and through the 1960s, until the Nixon administration terminated redemption of Federal Reserve notes in gold in 1971, the inflationary policies of the Federal Reserve System drained off more than half of America's national stock of gold to foreign banks and the profiteers operating through them. And during the last few decades, surreptitious manipulation of the precious-metals markets has kept the price of gold (measured in Federal Reserve notes) suspiciously low, even as this country's financial structures have become increasingly shaky. The price of gold has been manipulated for two reasons, one being the suppression of evidence, the other the throttling of monetary evolution. First, an ever-increasing price of gold reflects the breakdown of the Federal Reserve System -- just as an ever-increasing temperature reveals that the human body is sick, and when it reaches a critical point that death is imminent. Second, those who fatten off of political currency need to prevent ordinary people from realizing that only a return to silver and gold as common media of exchange can stabilize America's economy, and especially from actually employing silver and gold in preference to Federal Reserve notes in their day-to-day transactions. However, as the Federal Reserve System experiences ever-more-frequent, ever-more-serious, and ever-less-tractable problems, downward manipulations of the prices of gold and silver will become impossible. And that the system is beyond repair will become apparent to all. At that point, the question will arise -- and behind the scenes doubtlessly already has arisen among bankers and politicians -- as to how and with what to replace the banking cartel. When a political currency has failed, the traditional trick of the bankers and politicians has been to introduce a new, supposedly more stable currency -- often within a new, supposedly more stable banking apparatus. This was the sleight of hand that moved America from the independent state banks in operation prior to the Civil War, through the partially cartelized national banks created in the 1860s, to the fully cartelized Federal Reserve System established in 1913. Throughout this devolution, the progression of illegality became increasingly stark. The state banks violated Article I, Section 10, Clause 1, of the Constitution. But at least they operated only regionally. The national banks violated Article I, Section 8, Clause 2, and operated throughout the country. But at least their emission of paper currency was limited by the amount of public debt a generally thrifty Congress was willing to incur. The Federal Reserve System, though, is a corporative-state (or fascist) structure that purports to delegate Congress' supposed monetary powers to private interests; and the system's bubble of both public and private debts will expand to the limit of the avarice of the cartel's operators, their clients, and their political henchmen. Nonetheless, as unconstitutional and economically unsound as they were and are, all these schemes operated and even now operate under color of the national sovereignty and laws of the United States, subject in principle to overarching control by the American people. Indeed, Section 30 of the Federal Reserve Act still explicitly reserves to Congress the right to repeal, alter, or amend the system at will. But with the Federal Reserve System the bankers and politicians have gone about as far as they can go within the economic and political institutions of the United States. And they have separated paper currency from the discipline of free markets about as far as possible, while still pretending to maintain some semblance of a connection to free markets. So as the Federal Reserve System shakes itself to pieces, the likelihood is that first, a new currency will arise outside of the United States in some regional supra-national entity such as the proposed North American Union; and, second, the value of this new currency will not be controlled by free financial markets but, instead, propping up the currency's value will be the excuse for extensive governmental intervention in and manipulation of the markets. This plan is so alien to the experiences and desires of most Americans that its implementation will probably require a controlled meltdown of the Federal Reserve System to bludgeon them into accepting the North American Union as the only way to obtain a new, supposedly stable currency and to return to something approaching economic normalcy. Yet even a controlled meltdown, along with the accompanying absorption of the United States into a new Northern Hemispheric political order, will unavoidably generate extensive economic, social, and political unrest that will threaten the financial establishment's power. Even dumbed-down Americans will not long suffer conditions of depression akin to those of the 1930s, let alone South American levels of inflation as well. Desperate people will ask questions and assign blame. Perhaps not just a few will abandon debt currency altogether and substitute silver and gold as their media of exchange. They and others will conclude that the Federal Reserve System is unconstitutional -- and therefore that its operations are arguably a complex of criminal offenses. (See 18 U.S.C. §§ 241 and 242.) Many will realize that the establishment's scheme for replacing Federal Reserve Notes with a supra-national currency is a political crime on a more stupendous scale yet, because it depends upon destroying both the Constitution and the Declaration of Independence. Then an aroused people will take political action against the institutions and individuals responsible for foisting the funny-money scheme on their country. On the other side, the establishment will not be idle. It will do anything and everything possible to maintain its position. Obviously the Constitution and the Declaration of Independence will be expendable, because the establishment has been trying to whittle away the former on a piece-by-piece basis over the years, and intends to do away with the latter at one fell swoop in the near future. So this country, as an independent nation, will be expendable too. And if this country, why not the freedom and prosperity of common Americans as well? Will ordinary Americans -- at least 80 to 90 million of whom are armed -- meekly put up with a program aimed at their own country's assisted suicide? Why should they, when they have nothing to lose economically or politically? If they refuse to knuckle under, the establishment's only recourse will be to attempt to lock down the whole country under a para-militarized police state, perhaps with the assistance of "peacekeepers" from Canada and Mexico (for the employment of whom negotiations are apparently already in progress). That is why careful observers conclude that the paranoia being generated by politicians and the big media over "homeland security" -- and the frenetic para-militarization of law-enforcement agencies at the national, state, and even local levels in the name of "homeland security" -- are not caused by or aimed at foreign "terrorists" at all, but instead target ordinary Americans in their own home towns. The establishment is preparing to force justifiably angry Americans into line when its financial house of cards comes tumbling down, either in a controlled demolition or otherwise. Americans will not be the only victims of such repression. The establishment must prevent other peoples, in other parts of the world, from jumping off the financial treadmill of political currency. That will require the use not only of economic and political pressure, but also -- indeed, especially -- of military coercion. For the provision of which the establishment will attempt to force common Americans to pay, and to send their sons and even their daughters off to fight, die, and be maimed and sickened in foreign lands. Little good, then, will it do for an ounce of gold to soar to $2,000, $3,000, or higher -- and for silver to increase in value proportionately too -- if the ultimate consequences are a police state in America, then a supra-national regime replacing the United States, accompanied by endless military conflicts throughout the world. In the grand scheme of things, gold and silver are far less important as economic investments or hedges against hyperinflation or depression than as guarantors of individual freedom -- and then to the fullest extent only when they are actually used as media of exchange throughout society. Silver and gold as currencies supply the foundation necessary for economic democracy and limited government; whereas fiat currencies inevitably function as the tools of fascism, socialism, and every other form of financial imperialism. Thus, the fight over gold and silver as media of exchange is about more than mere money, let alone making money. For it is a fight with only two possible outcomes: either control of their own lives by the people themselves, or control of the people and their lives by political and economic elitists. To achieve the first and avoid the second no price will prove too great to pay. Edwin Vieira http://www.24hgold.com/english/news-...r=Edwin+Vieira | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gold and Silvers Daily Review for April 19th, 2011 Posted: 20 Apr 2011 11:08 PM PDT | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Only A Next Step in the Economic Collapse Posted: 20 Apr 2011 10:25 PM PDT Claus Vogt sees two possible events occurring from where we are today: Bond collapse scenario. Mass psychology in global bond and currency markets drive the action. One night, you go to bed thinking that the majority of market participants retain confidence in government debt, more than enough to prop up bond markets forever. Then, the [...] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Posted: 20 Apr 2011 09:32 PM PDT
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| Gold and silver prices seemingly unstoppable Posted: 20 Apr 2011 09:21 PM PDT
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| Posted: 20 Apr 2011 08:39 PM PDT  Here's Phil Barlett's second offering in this column. It's another zerohedge.com story...and the title pretty much says it all. The preamble is worth the read...and the 6:26 minute CNBC video is well worth watching...and the link is here. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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