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Gold, silver and bitcoin SOAR as US Dollar nears Collapse
Investors are no longer buying what the private Federal Reserve banking cartel is trying to sell them.
Inflation continues to roar, as are the prices for gold, bitcoin and other non-fiat assets that continue to outperform increasingly worthless U.S. paper dollars. Gold is teetering at an all-time high, as is bitcoin. Meanwhile, the U.S. dollar is, well, not as popular as it once was.
The U.S. stock...
China Discovers Huge Undersea Gold Deposit
Chinese marine geologists have discovered about 500 tons of gold under the seabed in the East China Sea, local media reported.
The first undersea gold reserves and the largest gold deposit found in China was discovered after three years of investigations near Sanshan Island in east China’s Shandong province, 1.2 miles below sea level, the South China Morning Post newspaper reported Tuesday.
The...
Europe Wants Its Gold Back From US
European Central banks keep demanding the return of their gold bullion from the vaults of the Federal Reserve Bank of New York, reducing the gold stockpile kept under the streets of Manhattan to its lowest level in decades; economist Lew Rockwell is convinced that the move is an indication that Europe is desperately striving for independence.
Gold always glitters, and once upon a time, the reputation...
JP Morgan prepares for Global War, Unprecedented silver accumulation
Silver stockpile of the largest US bank and major provider of financial services JPMorgan Chase has increased drastically for the last three years. In 2012 the amount of physical silver was at 5 million ounces, while for the current year it increased more than tenfold and accounts for 55 million.
Silver has always been regarded as a great investment tool. But the fact that it is estimated at that...
What Will Happen To You When The Dollar Collapses?
Historically, when a nation’s debt exceeds its ability to repay even the interest, it can be assumed that the currency will collapse. Typically, governments exacerbate the situation by printing large amounts of currency notes in an effort to inflate the problem away, or at least postpone it.
The greater the level of debt, the more dramatic the inflation must be to counter it. The more dramatic the...
Thousands of Romanians protest Canadian gold mine project
Romanians protest against a Canadian gold mine project in the city of Cluj-Napoca on September 15, 2013.
Thousands of Romanians have staged demonstrations against a controversial Canadian project that would open Europe’s largest gold mine in the country.
On Sunday, approximately 4,000 people, who were carrying Romanian flags, marched in the capital Bucharest to show their opposition to the project,...
Gold and Silver Approved as Legal Tender by Arizona Senate
Arizona may become the second state, after Utah, to recognize gold and silver as legal tender authorized for payments of debts and taxes.
The Arizona Senate voted Thursday to approve SB 1439 which allows businesses and the state government to accept payments in gold or silver.
The Legal Tender bill specifies that legal tender in Arizona consists of all of the following:
1. Legal Tender authorized...
Five metals of five planets can cure variety of diseases
Gold and silver jewelry, steel items, brass coins and many other metal things have been known as healers since ancient times. However, most people do not treat metal as a method of treatment and consider it to be remnants of the past. Yet, metal therapy continues to help people. The most important aspect in this method is its simplicity, accessibility and the absence of side effects.
Metals of planets
In...
Austerity At The London Olympics: Gold Medals Contain Only 1.34% Gold
As every Olympic athlete knows, size matters. The London 2012 medals are the largest ever in terms of both weight and diameter – almost double the medals from Beijing. However, just as equally well-known is that quality beats quantity and that is where the current global austerity, coin-clipping, devaluation-fest begins. The 2012 gold is 92.5 percent silver, 6.16 copper and… 1.34 percent gold,...
Peru declares state of emergency over anti-mining protests
Police officers clash with anti-mining protesters in Andahuaylas, Peru on November 10, 2011.
The Peruvian government has declared a state of emergency in southern Espinar province to curb seven days of violent anti-mining protests in the highland region.
The 30-day state of emergency was imposed after two people were killed and scores more, including police officers, were injured in clashes over controversial...
More than 12 US States propose laws to make Gold and Silver legal currency
U.S. politicians are rapidly losing faith in the dollar, with more than a dozen states proposing legislation to legalise gold and silver as a currency.
Politicians in Colorado concerned about the nation’s financial stability are the latest to push a bill to legalise gold and silver coins as usable currency.
But from a consumer angle the conservative bill would not lead to people carrying gold...
Gold, silver, oil skyrocketing
The following is one statement that you should get used to seeing: “The price of gold set another record today.” Today, spot gold reached a new all-time record of $1461.91 an ounce before settling back a little bit. Silver is also skyrocketing. At one point today silver hit $39.75 an ounce. It seems inevitable that at some point we are going to be talking about $50 silver. The price...