Let Them Eat Paper – Qu’ils mangent de papier

By Adam Brochert, GoldSeek “Qu’ils mangent de la brioche” or “Let them eat cake” has become a phrase used to denote the obliviousness and selfishness of the ruling establishment. Well, with a slight twist it’s apropos in the case of paper debt-backed paper currency regimes under stress. Cranking up the debt presses to ease the [...]

Gold to Rise to $2,000 Amid ‘Massive’ Inflation, Superfund Says

By Kim Kyoungwha Oct. 28 (Bloomberg) — Gold may rise to a record $2,000 an ounce in the next three years as investors hedge against “massive” inflation sparked by governments printing money, according to Superfund Financial Singapore Pte’s Aaron Smith. “In the next few years, after the deflation cycle, we’ll see massive inflation,” Managing Director [...]

Chinese visit signals thaw in relations with Australia

The mood was boosted by a glowing editorial in one of China’s most popular newspapers Read more….

Gold’s New Ally

The Daily Reckoning If you’ve invested in gold, you’re about to gain a powerful ally: pension funds. “I think the largest institutions like our own are realizing that we barely own any [gold]” Shayne McGuire, head of the Teacher Retirement System of Texas said in an interview in Hong Kong very early this morning. “The [...]

CoinWeek October 12-18, 2009

What’s New on CoinLink …….. Olympic Medals – As unique as the world’s top athletes and their awe-inspiring performances, every medal won at the Vancouver 2010 Olympic and Paralympic Winter Games will be a one-of-a-kind work of art. NGC recently certified the unique Ecuador 1862 50 Francos struck in gold. This classic rarity of 19th-century [...]

The Golden Road Out of Financial Crisis

The Daily Reckoning “Who goes borrowing, goes sorrowing.” – Ben Franklin Today’s reckoning is going to be short. We’re on the road again…this time to Ireland where our Family office is headquartered. The quote above comes from one of America’s founding fathers. But it was recalled to us neither by America’s president, nor America’s secretary [...]

Slideshow: 11 Ways to Invest in Gold

The Daily Reckoning With gold at about $1,060 an ounce, and numerous forecasts of much higher prices, it logically follows that investors would consider a wide variety of avenues for claiming a stake. Of course the options range from buying gold bling to speculative gold-related alternative investments, and today, The Money Game picks 11 top [...]

Brand Disloyalty

The Daily Reckoning The US dollar is a sort of monetary brand. And like any other brand, it can fall out of favor. Even iconic brands can rapidly lose their “must-have” caché. Sometimes, a brand can disappear entirely, as did Pan American Airways or “Members Only” jackets. But there is always something else waiting to [...]

Gold Bullion Investment

It’s becoming painfully evident to more and more investors that resisting an economic trend is like trying to sweep back the ocean with a broom, and these investors are liquidating their paper assets in stocks and bonds, and converting that wealth into a gold bullion investment. You may notice that fewer and fewer so-called “economic [...]

Walt Disney World Using Native American $1 Coins

The Walt Disney World Resort in central Florida near Orlando has just announced plans it is participating in a pilot program with the US Mint. Under this program, several merchandise and dining locations will now be giving back US Native American $1 coins instead of dollar bills as change.   "Our participation in the circulation [...]

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