MSM: Gold Rises to a Record on Stronger Demand for a Currency Hedge

(Bloomberg) – Gold surged to a record for a second day as investors stepped up purchases to protect their wealth against fiat currencies. Silver also gained. Continue reading

Jim Rogers: Gold Price to Double in Coming Months

The rally in gold prices has driven several bullion analysts to frenzied forecasts. Some say gold prices will reach $2,000 per ounce soon. Others are predicting big boom for the yellow metal, saying gold prices will zoom to $5,000 and eventually to even $15,000 per ounce in the years to come. Continue reading

MSM: Gold hits record near $1,150/oz as dollar slips

(Reuters) – Gold hit a fresh record high near $1,150 an ounce on Wednesday, boosting precious metals across the board, as a dip in the dollar index added to momentum buying as prices broke through key technical resistance levels. Continue reading

MSM: Dollar falls, sending gold to record high

(AFP) – The dollar fell on Monday as China accused the United States of increasing protectionism and following unexpectedly strong Japanese economic growth figures, pushing gold prices to a record high point. Continue reading

Updated and expanded: Dr. Van de Meer predicts monetary collapse of US starting on September 30th

A private but extremely influential silent individual,  Dr. Michael Van de Meer is the person predicting a financial collapse of the United States starting on September 30th. That is the end of the fiscal year and the final date for payments the Federal Reserve Board wants to act, but cannot, because it is in a catatonic state, as the leaders of every state in the world is. Continue reading

Things are Looking Down

Yes, I still am on sabbatical, but I just had to interrupt my sojourn with the following observations, which simply cannot wait. Allow me to skip my normal sarcasm and vitriol and simply cut to the chase: Continue reading

MSM: China Increases Gold Reserves 76% to Fifth-Largest

(Bloomberg) – China boosted its gold reserves by 76 percent since 2003 and has the world’s fifth-biggest holding by country, said Hu Xiaolian, head of the State Administration of Foreign Exchange. Continue reading