Category: News & Updates

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Fed Talks Tough

A report from the Wall Street Journal online relates a tough tone from Federal Reserve Chairman, Ben Benanke, at a meeting of economic policy makers today in Jackson Hole, Wyoming. He said “policy options are available to provide additional stimulus” should they be needed. This comes as the US Commerce Department reports a much lower…

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1% of 1%

In an article for his web site, Jason Hommel’s Silver Stock Report, Jason reports on the scale of total current demand for silver and argues why this is good for all parties interested in the precious metal. Drawing on statistics including those published by America’s own mint, Jason lays out the surprising figures and makes…

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What the Debt Means to You

Current U.S. debt stands at $13,363,228, 000, 000. This number is often broken down on a per capita basis, currently $44,000. I have always thought of the per capita number as somewhat misleading.  I’m guessing that most people who don’t have $44,000 in the bank, shrug and think, “Good luck with collecting that from me.”…

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IMF Justifies World Currency

Financial Times lately reported on a story that was missed by most if not all economic pundits when the IMF in April issued a report detailing numerous reasons as to why the world economy would be better served by a single currency. Under the auspices of re-examining the decades old strategy for maintaining balance in…

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AOCS Launches New Internet Hub

Since launching several years ago as the hub for information about the organization setting the standard for competing currencies, the American Open Currency Standard has revamped their web site to more accurately reflect their position as leaders in their niche of a competitive financial market. Due to the growing demands of an exploding trading community,…

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B of E Spins Weak Recovery

In a move that is certain to do little to increase confidence in the financial sector in United Kingdom, the UK’s central bank Governor, Mervyn Head, reported that economic expansion will be lower than expected next year while the previously reported rate of inflation will be greater than expected. Pointing primarily to the sagging economies…

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Paul Krugman Gives Up

A marvelous thing happened over on Paul Krugman’s blog at the New York Times last week. Krugman effectively conceded defeat on a range of economic debates. Who defeated him? People who posted comments on his New York Times blog. Mere commenters. For those who do not know, Paul Krugman is one of the few who still…

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New 5oz “Jumbo” Lakota!

One of a Kind with LIMITED PRODUCTION! Plain and simple: This medallion is astonishing! While it is argued that the 1oz Lakota Crazy Horse is the most beautiful AOCS-Approved medallion to date, now the 1oz piece has to compete with itself in a proof-like, mirrored-finish, 5oz version! The 5oz “Jumbo” Crazy Horse is a limited…

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rT Silver Medallion

Victoria, TX – June 23, 2010 – As the U.S. federal government increases its pressure on states and individuals working to reclaim rights guaranteed by the U.S. Constitution, the response from the freedom movement varies across the U.S., from the subtle “Tenth Amendment” resolutions to the re-awakening of state militias. But to the south, the…

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