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Gold Confiscation Risk Commodities / Gold & Silver 2009 Nov 02, 2009 - 02:05 AM By: Howard_Katz Things are looking good for the gold bugs these days. September and early October saw the (long awaited) break above $1,000. This past week saw the technical pull back to the breakout point, and Thursday was the turnaround day. Friday saw some very bullish candlestick signals in many of the gold stocks. But one thing has been bothering many gold bugs. In 1933, the U.S. Government confiscated the people’s gold. The Government even went into safety deposit boxes (in private banks) and took...

How And Why China Will Flood The Gold Market Commodities / Gold & Silver 2009 Oct 31, 2009 - 09:07 AM By: DailyWealth Jeff Clark of Casey Research writes: As you read this, the Chinese government is doing an extraordinary thing... something nearly unheard of in the modern world. It is encouraging citizens to put at least 5% of their savings into precious metals. The Chinese government is telling people gold and silver are good investments that will safeguard their wealth. After last year's meltdown in the stock market, people believe it. After all, Chinese citizens don't receive government retirement...

Enter The Dragon, Chinese Citizens Significantly Increasing Gold And Silver Ownership Commodities / Gold & Silver 2009 Oct 23, 2009 - 05:33 AM By: GoldCore Gold is currently trading at $1,054.60/oz. In euro and GBP terms, gold is trading at €704.60/oz and £637/oz. Support for gold is currently seen at $1,043/oz and resistance at $1,070/oz. Gold closed Friday night trading at $1,058.70/oz. In euro and GBP terms gold is trading at €704.55/oz and £642/oz. Gold looks set for its fourth week of gains (if it can remain above $1,053/oz) and this would be bullish technically. While fears about the Chinese...

Did it just jump up more than a dollar?

I think it's an indication that China has realized that the New York investment houses are basically organized crime syndicates and [they're] selling paper instruments of no value that really only enrich the N.Y. investment houses themselves, so if anyone ripped them off, we would not be too unhappy about it. - Chris Powell, Secretary Treasurer, Gold Anti-Trust Action Committee, Inc.

Silver is going bonkers!

An impressive Viking hoard of jewellery has made a father and son metal-detector team £1m, after being bought by two British museums. The find, which is the 'largest and most important' since 1840, was found in a field in Harrogate, North Yorkshire in January 2007. It had been buried there for more than 1,000 years. Valued at £1,082,000, the hoard was purchased by the British Museum and the York Museum Trust after two years of fundraising. The highlight of the collection is an intricately carved silver cup, estimated to be worth more than £200,000. It contains 617coins and various silver...

Mid-Week Gold, Silver, Nat Gas & Oil Update So far this week we have seen commodities move sideways with traders and investors waiting for the US Dollar to rally or continue dropping, which will trigger the commodities to move. I have provided some below charts showing where prices currently stand. GLD Gold Trading Fund - Weekly Chart As you can see on this weekly chart gold has been consolidating for the past 5 months. This bullish pennant pattern is hinting that prices will breakout to the up side in the coming weeks. If for some reason we see the USD...

Everyone is talking about gold shooting to the moon because of the massive reverse head & shoulders pattern forming, not to mention the economy isn't as good as some of us would like it to beJ. I put together this quick report to show the bearish side of things for once. Bearish Points for Gold & Silver: * Silver looks to be forming a H&S pattern * Gold made a new high in March and quickly sold off * Gold's neckline is angled up which makes for a weaker breakout if it occurs * The US Dollar looks ready for...

"There's no reason to invest in gold," said the finance editor of a major newspaper interviewing me. "If gold goes up because of inflation, then so does everything else, so why buy it? It's not really a good investment." She was serious. Yes, she is a finance writer. And yes, it's a newspaper you've heard of. But I can address Betsy's misunderstanding now, because part of what she said is correct: gold is not an investment. Let's trace what an ounce of gold or silver - true money - has been able to purchase at various periods in history, and...

July 8, 2009: The U.S. Navy is soliciting donations for the ships silver (www.ussny.org) for the new amphibious ship (USS New York, LPD 21) named in memory of the September 11, 2001 attacks in New York city. Like the regimental silver of army units, the ships ceremonial silver collection grows larger as new pieces are added to commemorate notable events in the history of the ship. Ships silver is passed on to the next ship of the same name. There have been many U.S. Navy ships named "New York." The first was an armed gondola built to serve on Lake...

Sales of gold and silver bullion coins were up sharply in the first half of 2009, when dealers were citing strong physical demand amid worries about other investments. Sales remained strong but abated somewhat in late spring and early summer, but there are at least some signs it might be on the rise again, said one dealer. “Over the last 30 days, business has picked up again mostly because, I believe, there is a lot of skepticism still in the market about which way the economy is heading,” said Scott Thomas, president and chief executive of American Precious Metals Exchange...

Anyone here at FR purchase Gold and/or Silver through Apmex.com? If so, what are your pros/cons?

William Murphy of GATA (Gold Anti-Trust Action Committee) explains how the 'Cartel' suppresses the price of gold The Daily Bell The editors of the Daily Bell are pleased to present this comprehensive and exclusive interview conducted by Scott Smith with William Murphy of the Gold Anti-Trust Action Committee.Introduction: Bill Murphy grew up in Glen Ridge, New Jersey and graduated from the School of Hotel Administration at Cornell University in 1968. His senior year he broke all the single season Ivy League pass receiving records and was Honorable Mention on the All-America Football team. He went on to become the...

The details on this story out of Reuters are very vague so this is mostly speculation, but such a development would not be shocking to anyone familiar with the state of the U.S. banking sector. FDIC losses are quickly mounting and they are certainly ill-prepared to handle a major failure. Shoring up the FDIC is a wise insurance policy if nothing else. Or they could be preparing some U.S. banks for the same fate as Chrysler and GM. A welcome development in my opinion.

In a series of maneuvers, Chinese officials have revealed their strategy implementation in a very broad set of steps. Beijing leaders plan to establish the yuan currency as a global reserve currency. The process will be made more complete after issuance of a large volume of Chinese Govt debt securities, soon in coming. The number of policy actions is impressive. While the USGovt is busy stepping backwards with FASB rules enabling false bank accounting, gearing up Treasury programs to direct colossal elite welfare / confiscation to failed banks responsible for the crisis, covering up Wall Street fraud and regulatory lapses...

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Why Gold Owners Are Targets of the Government Gary North If you own gold, you are in a war. You are under assault. You had better figure this out early. There is a full-scale war against you. The politicians and central bankers who are conducting this war against you are determined to see that you lose money on your investment. I have written a detailed report on this: The Gold Wars." You can download it free of charge here: http://www.GaryNorth.com/GoldWars.pdf The reason why you are under assault is because you have demonstrated by your purchase of gold or a...

Also, Montana has a bill in committee to allow: “…THE STATE OF MONTANA AND POLITICAL SUBDIVISIONS TO CONDUCT VARIOUS FINANCIAL TRANSACTIONS IN GOLD, GOLD AND SILVER COIN, ELECTRONIC GOLD CURRENCY, OR LEGAL TENDER OF THE UNITED STATES; ALLOWING CERTAIN PERSONS CONDUCTING VARIOUS FINANCIAL TRANSACTIONS WITH THE STATE OR POLITICAL SUBDIVISIONS TO CONDUCT THE TRANSACTIONS IN GOLD, GOLD AND SILVER COIN, ELECTRONIC GOLD CURRENCY, OR LEGAL TENDER OF THE UNITED STATES; REQUIRING THAT CERTAIN FINANCIAL TRANSACTIONS BETWEEN THE STATE AND OTHER PERSONS INVOLVING CERTAIN TAXES, FEES, AND CHARGES ON CIGARETTES AND TOBACCO PRODUCTS BE CONDUCTED IN ELECTRONIC GOLD CURRENCY; REQUIRING THE...

I would like to buy several ($1000) bags of junk silver coins. I'm concerned about how to securely make the exchange of my paper money for these coins. Does anyone have any experience and/or advice. ML/NJ

In 1983, Israel’s inflation rate was 191%. In 1984, it advanced to 445%. By 1985, the government froze prices, and by 1986 inflation was back down to 20%. A wild ride indeed. And, this illustrates that once inflation reaches these very destructive levels, even a return to “slower” inflation can still mean rates in double digits.

The actor Ron Silver was a Democrat who voted for George Bush. His brave and rare stand cost him dear in Hollywood I don't think the phone will be ringing as much.” When the Hollywood actor Ron Silver endorsed George W. Bush's re-election campaign, he knew it wouldn't enhance his career. The night after he spoke to the 2004 Republican convention we had dinner in a New York restaurant and Ron said that he expected many of his Hollywood liberal friends would cut him off. It was something he didn't relish, but he was ready for it. He thought it...

Most investors don't take seriously warnings about the future of the economy and the financial marketplace, but those who did avoided the dreaded "Cs" of finance: the Credit Crisis and Crash of '08. What warnings are we talking about you might ask? Well, it was the headlines of several years ago screaming that a 'Category 6 Fiscal Storm', 'Debt-Driven Meltdown', 'Systemic Banking Crisis', 'Financial Train Wreck', 'Wild Ride', 'God-Awful Fiscal Storm', 'Major Upheaval', 'Rude Awakening', 'Great Disruption', 'Debt Bombshell', 'Major Upheaval', 'Unwelcome Economic Spiral', 'Perfect Financial Storm', 'Serious Collapse', 'Drastic Fall', 'Financial Disaster', 'Major Bear Market' and/or an 'Economic Earthquake'...

A bill being considered in the Montana Legislature blasts the Federal Reserve's role in America's money policy and permits the state to conduct business in gold and silver instead of the Fed's legal tender notes. Montana H.B. 639, sponsored by State Rep. Bob Wagner, R-Harrison, doesn't require the state or citizens to conduct business in gold or silver, but it does require the state to calculate certain transactions in both the current legal tender system and in an electronic gold currency. It further mandates that the state must accept payments in gold or silver for various fees and purchases. While...

Actor and longtime political activist Ron Silver died this morning, succumbing to a long battle with cancer, friends of the liberal Democrat-turned-GOP stalwart told The Post. "Ron Silver died peacefully in his sleep with his family around him this morning," said Robin Bronk, executive director of the Creative Coalition, which Silver helped create. "He had been fighting esophageal cancer for two years and his family is making arrangements for a private service." Friends of Silver first told Post columnist Cindy Adams of the native New Yorker's death. The steely-eyed, blunt-talking Silver, 62, enjoyed a long career on the stage, TV...

My fellow Americans: If you had to choose between shrinking the size of government or shrinking the size of your paycheck, which would it be? Chances are you think you're paying enough taxes already. And I agree with you. The trouble is, your opinions don't always count for much in Washington, DC. It seems to be taken for granted here that the Federal Government has an automatic right to grow at your expense. Listening to people talk, you'd almost think government owns your earnings. So, please be a little skeptical when you hear the moaning from Washington's born-again deficit...

President Obama on Saturday struck back aggressively at critics of his $3.6 trillion budget proposal, casting himself as a populist crusader whose "sweeping change" has angered Washington's entrenched special interests, and promised to fight them. "I realize that passing this budget won't be easy. Because it represents real and dramatic change, it also represents a threat to the status quo in Washington," Mr. Obama said in his weekly video and radio address. Mr. Obama's language was combative and confrontational, as he promised to fight for "American families." "I know these steps won't sit well with the special interests and lobbyists...

President Barack Obama's first budget includes $15 billion a year for renewable energy programs and an ambitious plan to raise $646 billion from a carbon reduction proposal. "Because our future depends on our ability to break free from oil that's controlled by foreign dictators, we need to make clean, renewable energy the profitable kind of energy," Mr. Obama said Thursday morning. "That's why we'll be working with Congress on legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy." The plan uses money from a cap-and-trade program — which would allow companies to...

Barack Hussein Obama will propose a massive business tax on greenhouse gases in his FY 2010 federal budget to be presented this week.The massive tax increase and power grab was buried at the end on article on Obama's forthcoming budget proposal in The New York Times:On energy policy, Mr. Obama’s budget will show new revenues by 2012 from his proposal to require companies to buy permits from the government for greenhouse gas emissions above a certain cap. The Congressional Budget Office estimates that the permits would raise up to $300 billion a year by 2020. Since companies would pass their...

I’m thinking we should move to South Carolina. No, not me and the family. The whole city of Yonkers. In June 2008, longtime Yonkers manufacturer Stewart EFI left the city, taking with it a few hundred manufacturing jobs. Then, a few weeks ago, the Precision Valve Corporation, one of Yonkers’s largest employers and a company founded in the city, announced that it was moving to the Palmetto State. Precision Valve vice president Bob Reto explained the relocation delicately: “The decision was driven by the need to operate under the greater efficiencies afforded in South Carolina.” Mayor Phil Amicone, by contrast,...

The earth itself provides many valuable analogies for massive dislocation in the relief of grand energy differentials. In the air, vast differentials between cloud structures in their electrical charge result in sudden lightning bursts as the release. In the air also, vast differentials between high cool masses and low rising warm masses result in powerful ongoing storms in hurricanes. In the ground, more accurately the earth plates, vast pressure builds from the movement of such plates, often with one plate flowing underneath another, leading to massive earthquakes and tremors. We had yet another earthquake in Costa Rica last week, enough...

Widespread use of nanoscale silver will challenge regulatory agencies to balance important potential benefits against the possibility of significant environmental risk, highlighting the need to identify research priorities concerning this emerging technology, according to a new report released today by the Project on Emerging Nanotechnologies (PEN).

Sealed off by grey concrete walls and barbed wire, the workmen in protective glasses and steel-toed boots at this smelter cannot work fast enough to meet demand from the nervous rich for gold. This refinery near Lake Lugano in the Alps is running day and night as people worried about recession rush to switch their assets into something that may hold its value. "I have been in the gold business for 30 years and I have never experienced anything like this," said Bernhard Schnellmann, director for precious metal services at the refiner Argor-Heraeus, one of the world's three largest. "Production...

AugustReview.com [Editor's note: members of the Trilateral Commission and companies with Commission representation appear in bold type.] Since 1973, this writer has made inquiry as to the location and ownership of the vast stores of monetary gold (400 oz., .999 pure bars) in the world. There has not been a formal audit on Fort Knox, for instance, since the Eisenhower administration. Official statistics on gold holdings are often contradictory. Getting plain answers from any Central Bank in the world, including the Fed, is virtually impossible. This paper points out a pattern of manipulation that has been clearly observed by many...

We aren't allowed to even link in the posting source URL box or excerpt this source, but this article is worth a look: CLICK ME

Fears of the unknown long-term effects from the global financial crisis have sparked a new gold rush. With retail and wholesale clients around the world stocking up on the precious metal, the Perth Mint has been forced to suspend orders. As the World Gold Council reported that the dollar demand for gold reached a quarterly record of $US32 billion ($50.73 billion) in the third quarter, industry insiders said the race to secure physical gold had reached an intensity that had never been witnessed before. Perth Mint sales and marketing director Ron Currie said the unprecedented demand had forced the Mint...

ZIMBABWE'S gold deliveries fell 181,6 percent last month compared to the same period last year. According to the Chamber of Mines, gold output for October was 125 kilogrammes, down from 352kg last year.

NEW YORK (MarketWatch) -- Gold futures rose Thursday, gaining ground as gloomy economic news and falling crude-oil prices stepped up investors' interest in safe-haven buying. First-time filings for unemployment benefits shot up to their highest level since July 1992, U.S. government data for last week showed. Meanwhile, crude-oil futures dropped to below $50 a barrel for the first time since January 2007. And in the equities market, U.S. stocks gyrated on the heels of heavy selling in Europe and overnight in Asia. That gold held its ground in the face of a global pullback in stocks and a resumption of...

Retail-based demand jumps even as institutions undergo a massive exodus Retail investors sharply increased their demand for gold bars and coins in the past few months as they struggled to find a safe place for their money amid the financial crisis, research shows. But institutional investors have kept the upper hand, according to Wednesday's report from the World Gold Council, a gold mining industry association. Heavy selling by institutions has more than offset retail buying and pushed gold prices to their lowest level in more than a year. President of the Midas Funds, Tom Winmill, explains to Dow Jones' Simon...

SO, after losing a third of its value in the last year and several tens of thousands in the last month, I'm going to get out of my money market account before 0bama and his minions steal and tax the rest of it away. Thinking of puting about half of it into real estate, and maybe putting the other half into precious metal bullion/coins. I notice that there is some delay in order fulfillment throughout the market, but was hoping that some of you guys knew which brokers were best, in terms of prompt delivery, honesty and price.

Mints struggle to meet metals demand Gina Teel Calgary Herald; with files from Canwest News Service Monday, October 27, 2008 Safe-haven investors are on a shopping spree for precious metals, snapping up gold and silver as an antidote to topsy-turvy markets -- if they can find any, that is. Demand for physical gold and silver is gobbling up product at nearly every mint around the globe and in Canada has the Royal Canadian Mint allocating its supply among its distributors, who in turn are limiting the number of coins they sell to dealers, who sell to consumers. "Virtually every mint...

While precious metal prices have fallen from the record high levels set earlier this year, most, if not all dealers, are experiencing shortages, and retail buyers are finding it harder to obtain gold and silver coins.The U.S. Mint, which never ran out of supply before, has sold out of its 1-ounce gold and silver coins, and the refining company that mints the South African Kruggerand gold coin announced it also had run out of supply."Gold and silver bullion is not coming in at a pace we need to satisfy customer demand," said Eddie Lowy, owner of Banner Coin Exchange...

With the economy and money and the preoccupation (along with their veneration) joining the ranks of other "dark signs of the times" I offer this little glimmer of insightful light. Contrary to the delusional adage: "You can't take it with you" --- quite to the contrary --- we most certainly can, and do, take it with us. That is, our money, but more precisely, "our greed for money". Or, to use the more universal and timeless wording for money as found in the Scriptures, - "silver and gold". So let it be known --- "WE CAN TAKE IT WITH US"...

An ancient solid silver ingot found in Stagsden is stealing the limelight at Bedford Museum. The Viking coin is the first of its kind discovered in the county and dates from AD 850-1000. It was found by treasure hunters in the north Bedfordshire village last year, but has only just been bought by the museum following lengthy examination and valuation at the British Museum in London. Jim Inglis, keeper of archaeology at Bedford Museum, said: "This is the only one to be found in Bedfordshire, and in terms of looking for Viking material in Bedford, which used to be a...

A METAL detector enthusiast unearthed a 15th century silver cross depicting the figure of Christ while working in a field he had searched many times before. Retired postal worker Philip Fletcher, 53, discovered the small cross in the Ackworth area of Pontefract in February last year. He said yesterday: "I had an inkling it might be a significant find as I had found things on this land in the past which indicated a past medieval presence." The value of the find – which, once sold, will be divided between Mr Fletcher and the landowner, a farmer – has yet to...

WASHINGTON, July 10, 2008 – Two years ago, Steve Newton, founder of Silver Star Families of America, asked the governors of all 50 states and the mayor of the District of Columbia to sign a proclamation to observe May 1 as Silver Star Banner Day, honoring wounded and ill servicemembers from all wars. “We asked the governors to make this day a permanent and official day of observance each year thereafter,” Newton said. “This is a community outreach program that can be implemented by each governor to benefit the wounded and ill troop population in this unique way.” Governors...

PART of a Romano/British ring found by a Leighton metal detectorist in fields near Hockliffe has been declared treaure. The ring, which has provided archaeologists with the missing link to a bloodthirsty ancient Celtic warrior god, was unearthed by Greg Dyer of Churchill Road in September 2005. At an inquest last Tuesday, Beds coroner David Morris told the court that the piece of ring, thought to be from the third century AD, contains 2.98 grammes of silver. The piece of jewellery, inscribed with the words 'Deo Tota Felix' is currently in the British Museum waiting to be valued. In a...

Boy, 9, and grandfather find medieval silver treasure in Sweden Posted : Mon, 28 Apr 2008 13:36:04 GMT Author : DPA Stockholm - A 9-year-old boy's search for shrapnel on an old battlefield resulted in a huge find of medieval silver coins near the Lund in southern Sweden, local media reported Monday. Alexander Granhof, 9, and his grandfather made the recent discovery, dubbed "silverado" by archaeologists. "We went out on the field looking for cannonballs," Alexander Granhof told the online edition of the Sydsvenskan newspaper. "I found a piece of metal and thought at first it was shrapnel from a...

WASHINGTON, April 28, 2008 – Last year, 44 states and the District of Columbia proclaimed May 1 as Silver Star Day. This year, Silver Star Families of America, which began the grassroots movement, is hoping all 50 states will remember and honor their wounded and ill veterans May 1 to kick off Military Appreciation Month. “While we want every state to join with us, this year we are going to the cities and asking them to help,” Janie Orman, the organization’s president, said. “We wanted 50 cities across the United States to hold ceremonies and remember our honored wounded.” Cities...

Speaker Sheldon Silver and the Democrats who control the state Assembly were worse than wrong in killing congestion pricing yesterday. They acted against the best interests of New York without having the decency to take a vote. Silver's Assembly Democrats put New Yorkers in severe jeopardy of riding deteriorating mass transportation - and paying increasing fares for the privilege. Because those are the consequences looming over millions of people in the city and across the region with the rejection of congestion pricing. No single matter taken up by the Legislature over the past few decades was as critically important to...