Monday, August 15, 2016

Special Alert – Obama’s Box

January 24, 2010 by · Leave a Comment 

USAGOLD “President Obama wants to limit the scope of risk-taking by barring banks with federally insured deposits from trading securities for their own accounts and from owning hedge funds and private equity funds. The plan, policy makers said on Friday, would effectively require bank holding companies — which Goldman and Morgan became at the height [...]

Girl Scout Commemorative Coin Act is Law

October 30, 2009 by · Leave a Comment 

President Obama on Thursday signed the Girl Scout Commemorative Coin Act into law, authorizing the Untied States Mint to strike up to 350,000 silver dollar coins to honor the 100th anniversary of the establishment of the Girl Scouts of the United States of America (GSUSA). The coins will be minted and sold in 2013, marking [...]

Medal of Honor Commemorative Coin Act Passes Congress

October 24, 2009 by · Leave a Comment 

Legislation known as the Medal of Honor Commemorative Coin Act of 2009, H.R. 1209, has been approved by Congress and will move quickly — within weeks — for an expected signature from President Obama, which will make it law.   (…)Read the rest of Medal of Honor Commemorative Coin Act Passes Congress (379 words) © [...]

Girl Scouts Commemorative Coin Act Cleared to Become Law

October 23, 2009 by · Leave a Comment 

Touted by itself as the preeminent organization dedicated solely to girls, the Girl Scouts of the USA is about to get a commemorative coin issued in its honor if Congress gets its way. The Girl Scouts USA Centennial Commemorative Coin Act authorizing the $1 silver coins was passed last week by the U.S. House of [...]

Medal of Honor Commemorative Coin Act Passes Senate

October 23, 2009 by · Leave a Comment 

Legislation seeking to recognize and celebrate the establishment of the Medal of Honor was approved in the U.S Senate Thursday by Unanimous Consent. The bill, H.R. 1209, passed in the U.S. House of Representatives back on May 14, 2009. Following a procedural clearance step, the Medal of Honor Commemorative Coin Act of 2009 will make [...]

Girl Scouts Commemorative Coin Bill Set to Become Law

October 21, 2009 by · Leave a Comment 

Girl Scout Commemorative Silver Dollars are in the works. Legislation to celebrate the Girl Scouts with silver coins passed in the U.S. House of Representatives last Tuesday, and the bill was given a thumbs up in the U.S. Senate on Monday without amendment and by Unanimous Consent. Following a few minor procedural details, the bill [...]

Gold at $2,000 Becomes Inflation-Adjusted Bullseye for ‘80 High

October 19, 2009 by · Leave a Comment 

By Pham-Duy Nguyen Oct. 19 (Bloomberg) — Gold’s rally to a record means prices are still 53 percent below the 1980 inflation-adjusted peak. While gold rose 19 percent this year to $1,072 an ounce on Oct. 14, consumer prices almost tripled in the past three decades, eroding the metal’s value. Bullion hasn’t kept pace with [...]

Capital Gold Group Report: DOLLAR DECLINE GAINING MOMENTUM: ‘Benign currency neglect’ could spell real danger for US economy – A Foreign News Perspective

October 15, 2009 by · Leave a Comment 

What’s happening to the dollar? That’s the question dominating the world’s financial markets. Last week the US currency fell, on a trade-weighted basis, to a fresh 14-month low. The dollar’s decline is now gaining momentum. By Liam Halligan Published: 7:22PM BST 10 Oct 2009 Many American economists say the greenback is falling because the global [...]

Gold Rises to Record as Dollar’s Slump Spurs Investment Demand

October 14, 2009 by · Leave a Comment 

By Pham-Duy Nguyen and Nicholas Larkin Oct. 13 (Bloomberg) — Gold futures rose to a record as the slumping dollar spurred demand for the precious metal as an alternative asset. The metal is on course for a ninth straight annual gain. This year, gold has gained 20 percent. Today, the price reached a record $1,069.70 [...]

DOLLAR REACHES BREAKING POINT AS BANKS SHIFT RESERVES; LOSES 10.3% IN SIX MONTHS

October 12, 2009 by · Leave a Comment 

Oct. 12 (Bloomberg) — Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback after its biggest two- quarter rout in almost two decades. Policy makers boosted foreign currency holdings by $413 billion last quarter, the most since at least 2003, to $7.3 trillion, according [...]

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