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June 2009

High-Level Monetary Discussion

by Jason on June 26, 2009 · 0 comments

Transcript of GoldMoney’s James Turk responding to questions/comments from Principally Correct, a visitor at DollarCollapse.com: Principally Correct: An author wrote in the FAQ on “fiat currency”: “An example of a non-fiat currency would be the gold and silver coins that used to circulate in much of the world. There was only so much of each [...]

Doom And Gloom Are In

by Jason on June 23, 2009 · 0 comments

Watching the markets tank yesterday, supposedly because of a pessimistic World Bank (!) report, got me to thinking about Elliott Wave analyst Robert Prechter’s belief that news doesn’t move markets. Instead, he says, our reaction to events is what matters, and that depends on how we’re feeling — i.e. the social mood. Prechter’s take (I’m [...]

No Gold, No Bullets: Now It’s Personal [Revised 6/23/09]

by Jason on June 22, 2009 · 0 comments

Facts have a different feel when they’re personal. And speaking personally,  evidence that Americans are seriously spooked is starting to pile up. In the past few months: • While researching a magazine article on offshore investing I interviewed Erika Nolan, executive director of the Sovereign Society, a Florida-based consultancy. She noted that her client base [...]

Is Your Gold Really There?

by Jason on June 16, 2009 · 0 comments

I was getting ready to post an update on GoldMoney’s new service that allows customers to take delivery of their gold and silver in smaller, more practical bars. But Run To Gold’s Trace Mayer got there first, with an article that also explains the controversy now raging over whether mints and other bullion storage firms [...]

Lessons From the Past

by Jason on June 12, 2009 · 0 comments

Discover Magazine runs a monthly back-page feature called “20 Things You Didn’t Know About…” that usually lives up to its title. In a recent issue the subject was money, and some of the factoids are worth noting. See 6, 7, and 8. 20 Things You Didn’t Know About… Money 1  No escape: As you file [...]

Junior Miner Buy-Out Binge

by Jason on June 10, 2009 · 0 comments

Gold is making another run at $1,000, silver is up even more in percentage terms, and the financial markets are showering the established miners with cash:  In February Newmont raised $1.7 billion, while Yamana, Agnico-Eagle, and Kinross Gold have between them raised over $800 million. And last week Goldcorp offered to sell $750 million of [...]


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