Sep 12, 2012 – 5:41 – Rogers Holdings Chairman Jim Rogers on the impact on the economy and markets of Fed stimulus.
More than 23%.
Since its October lows.
This next international — says be careful because the rally is being artificially propped up by
DetailsSept. 7 (Bloomberg) — President Barack Obama formally accepts his party’s nomination for a second term and speaks about the 2012 presidential election, his administration’s policies and Republican presidential candidate Mitt Romney. He addressed the Democratic National Convention last night in Charlotte, North Carolina. (Source: Bloomberg)
Recently the International Monetary Fund declared the dollar should
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Throughout the centuries gold has been crowned the currency of “Captains and Kings” and if the GOP has it’s way, it will again become the standard for the US dollar. The US dropped the gold standard in 1971, under Richard Nixon. At the Republican National Convention, the platform committee called on Congress to establish a “gold commission” which would examine whether or not to restore the country to the gold standard.
Lew Lehrman, author of “True Gold Standard” believes that in order to preserve America’s economic prosperity,
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Ralph Silva, director at Silva Research network and Moorad Choudhry, head of treasury at the corporate banking division of RBS, described the US Republicans idea of returning to the gold standard as ‘nonsensical’ and ‘ludacris’.
The gold standard has returned to mainstream U.S. politics for the first time in 30 years, with a “gold commission” set to become part of official Republican party policy.
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Gold Spot $/oz. and 200 Day Moving Average – August 2009 to Today – (Bloomberg)
Gold rose $4.80 or 0.3% in New York this week and closed at $1,620.70/oz. – its highest level in three months (since June 19).
Gold continues to be supported by the real risk of European Monetary Union break up and further weakness in the euro, dollar and other currencies. Gold continues to consolidate below its 200 day moving average at $1,644/oz. The $1,640 an ounce mark for gold was universally considered to be
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Understanding the difference between U.S. Certified Gold Coins and Gold Bullion. This video also explains
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Danny Boyle’s Opening Ceremony for the 2012 London Olympics brought audiences on a beautifully chaotic journey through many iconic moments in modern British history. It made for an awe-inspiring beginning to the world’s most legendary event.
Ironically, while much of the world watched live as the 2012 London Olympics began, American audiences had to wait until prime-time to watch the lighting of the flames. NBC spent $1.3 billion on
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The Daily Crux: Van, what’s the state of the rare coin market these days?
Van Simmons: The rare coin market is healthy… It’s very liquid. But we have seen a bit of a shakeout with the price of gold going down. So it’s taken many of these coins out of the so-called “weak hands.” Most of the people left are the strong, longer-term investors.
Some of this area has become very inexpensive, and I can assure you it’s
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Since the year 2002, the price of gold has demonstrated a unique pattern. It has increased in value beginning the last trading day in July through the last trading day in December in the last seven out of ten years. The following chart demonstrates that the average percentage increase
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The Treasury released a press release July 31, 2012 issuing the following the statements:
