Silver Bullion Eagle Coins Reach Highest Demand In History According to Regal Assets: Gold bullion has been getting a lot of attention over the last decade due to the global financial markets and the need to hedge against inflation. While most counties, corporations and world banks are buying gold, individual investors are finding an affordable way to participate thru purchasing silver bullion. more
Paper Markets Are A Joke: Prepare for Bullion Prices to Go Supernova: Gold futures rallied Tuesday as ongoing concerns about global debt problems fed investment demand for the precious metal, lifting prices by more than $30 an ounce — their biggest one-day dollar gain in eight months. Gold for August delivery rose $30.10, or 2%, to close at $1,512.70 an ounce on the Comex division of the New York Mercantile Exchange. more
The People Fiddle as the Country Burns: Thank goodness the Casey Anthony case is over! The jury thinks she is not guilty of murder. I don’t know if they got right or wrong, but I do know many dollars and much air time was devoted to a story that will have zero effect on the lives of 99.999% of Americans. I think the discovery of a walking, talking Martian would have gotten about the same attention. I guess this stuff sells newspapers and gets TV ratings but is sure not what U.S. citizens should be focused on. Maybe that’s the point. more
Iran Ready To Close Strait of Hormuz: General: Iran is ready if threatened to close the Strait of Hormuz to ships linking the Gulf to international markets, Revolutionary Guards commander General Mohammad Ali Jafari told Mehr news agency on Monday. “In light of the strategic position of the Strait of Hormuz, this issue has never been taken off the agenda,” Jafari said, commenting on whether Tehran was still prepared to close down the shipping lane if threatened. more
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