Tag Archives: gold IRA

You Call It Inflation, I Call It Theft

FORBES.com By Bill Flax Originally Published Mar. 3 2011 – 5:05 pm On my daughter’s birthday, she received a crisp new $5 bill, which she promptly deposited in her piggy-bank. Never foregoing an opportunity to expound on free market principles, … Continue reading

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Why the Dollar’s Reign Is Near an End..

March 2, 2011 By Barry Eichengreen WallStreetJournal.com For decades the dollar has served as the world’s main reserve currency, but, argues Barry Eichengreen, it will soon have to share that role. Here’s why—and what it will mean for international markets … Continue reading

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Who Owns the U.S.?

Mainstreet.com By Greg Bocquet February 28, 2011 Foreign Treasures Regardless of how much closer Obama’s budget brings our economy into a balance of payments not seen since 2001, we will continue to run deficits for the next decade, and the … Continue reading

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Soaring Debt Pushes Portugal Towards Bail-Out

FinancialTimes.com By David Oakley Originally Published: February 9 2011 Portugal’s cost of borrowing hit a euro-era high on Wednesday amid growing concerns that Lisbon will have to turn to bail-out funds to revive its stagnating economy. Hedge funds were selling … Continue reading

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IMF Calls For Dollar Alternative

CNNMoney.com By Ben Rooney, staff reporter Originally Published February 10, 2011 NEW YORK (CNNMoney) — The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world’s reserve currency. The IMF said Special Drawing … Continue reading

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$8,000 Gold by 2013-2015 May be Too Cheap

KITCO News By Timothy Wood Originally Published Feb 10, 2011 CAPE TOWN (MineFund.com) — Speaking at Mining Indaba conference in Cape Town, James Turk forecast that gold could reach $8,000 per ounce by 2013-2015. He added that that may be … Continue reading

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Obama Budget Doubles National Debt to $26.3 Trillion in 10 Years

CNSNews.com Originally Published Monday, February 14, 2011 By Matt Cover (CNSNews.com) – If the federal budget released by President Barack Obama today is implemented, it will double the national debt over the next 10 years. The current national debt is … Continue reading

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Geithner Admits Obligations in President’s Budget “Unsustainable”

Treasury Secretary Timothy Geithner today admitted under questioning from Sen. Sessions that the president’s own budget, submitted Monday, calls for interest payments and obligations that are “excessively high” and “unsustainable.” The president’s plan accumulates $13 trillion in new gross debt, … Continue reading

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Are Silver Prices Ready to Break Out?

The Street By Alix Steel 02/14/11 – 03:04 PM EST NEW YORK (TheStreet ) — Gold prices were looking for direction Monday while silver prices plowed higher. Gold for April delivery settled $4.70 to $1,365.10 an ounce at the Comex … Continue reading

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Gold Rises to Highest in Almost Four Weeks on Inflation Concern

Bloomberg By Nicholas Larkin and Pham-Duy Nguyen – Feb 15, 2011 11:09 AM PT Gold futures climbed to the highest in almost four weeks as rising consumer prices boosted demand for the precious metal as a hedge against inflation. In … Continue reading

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