GOLD TO REGAIN FULL STATUS AS FINANCIAL ASSET IN JANUARY AS BASEL III RULES KICK IN

Kitco News’ Daniela Cambone has released an interview with Scotia Bank’s VP of Commodities Patricia Mohr on the Basel III regulations going into effect on January 1st 2013, in which gold will be reclassified as a tier 1 asset.  As gold regains full status as a financial asset (meaning along with cash and treasuries, gold will be able to be used to meet margin calls), the metal should see substantial new demand from [...]

Judge Orders Illegal High School Valedictorian To Leave US

Daniela Pelaez has been ordered by a judge to return to her native Colombia by March 28, 2012. (CBS4)

MIAMI (CBS4) – A judge has ordered a top student at North Miami Senior High School to leave the country later this month.

The student has lived here since she was four. Now her classmates say they don’t plan on letting her leave without a fight.

Daniela Pelaez, 18, has spent most of her [...]