Tuesday saw an unprecedented level of accord between China and Russia made official as the two powers strengthened their alliance through a number of mutually beneficial deals. The biggest news coming out of the high profile event is their agreement to discontinue trading with the dollar as their primary medium of exchange. After the announcement…
With the announcement of “QE2”, the debate over the proper role of the Federal Reserve and whether it maintains the ability to positively effect the economy is heating up. A recent op-ed in the New York Times has elicited an avalanche of response from all sides of the conversation and prompted the publishing icon to…
As the ranking member of the House Subcommittee for Domestic Monetary Policy and Technology, Texas Congressman Ron Paul will more than likely take over as the chair in the next session. From that position he sees taking the committee in a little more aggressive direction. According to the senior editor at CNBC.com, John Carney, in…
“QE2” is what experts are calling the latest round of “quantitative easing” being engaged by the Fed. The announcement made today after two days of talks includes an estimated $600 billion in purchases of Treasury bonds. The deeper story here though is the clear and distinctive rift between the chairs of the regional Fed banks.…
Looking at the metals market, you may have noticed the dramatic increase in the price of silver versus gold and other metals in the past year. Many attribute these gains to the uncovering of market manipulation that has been accomplished by the Commodity Futures Trading Commission chaired by Bart Chilton. The CTFC has been engaged…
Survival Podcast AOCS Copper Coins Coming Soon Here is the deal we have a new project going with Rob Gray with the AOCS (American Open Currency Standard) to produce AOCS Copper Coins for TSP. These are going to be awesome and VERY affordable, like 1.25 a piece or there about and about 1 dollar a…
“MundoGold Sells Silver! MundoGold is proud to announce its first minted offering: ‘The Ultimate Flipping Coin’” This is the declaration featured on the web site www.mundogold.com officially revealing news of the striking of it’s first medallion in .999 fine silver weighing one troy ounce in proof-like quality. The president of MundoGold, James Cicenia, revealed his…
For some time now I’ve listened to friends such as Don Harrold, who have built successful careers on the basis of their powers of foresight, saying to me that they like our moves into copper. As Don put it to me some months ago: “Copper is the people’s metal.” It would appear that the market…
In a story published by www.silver-coin-investor.com, the US Mint will, for the first time, be issuing a series of five ounce silver bullion pieces called America the Beautiful and duplicating the artwork featured on several of the members of the popular state quarter program. 100,000 strikes of each of the five designs selected has been…
It would appear that the US Mint is either enjoying a huge success or someone is cleaning off the shelves to cover a lot of futures sales. A story reported by Reuters states that the US Mint has been depleted of their 2010 Gold Buffaloes and does not plan to restock this year in spite…