A new propaganda story develops to instill fear on how important and essential it is to hold debt notes, opposed to gold.
To provide for an audit of all gold owned by the United States.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Gold Reserve Transparency Act of 2011′.
SEC. 2. ASSAY, [...]
From Casey Research:
The CEO of Almaden Minerals explains why resource exploration “is where it’s at… the big game,” and why mining has become so profitable in recent years.
Morgan is only one of 10 young resource money-makers whose careers we here at Casey Research watch closely. These “Casey NexTen” are the next…
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1) US Home Seizures Reach Record for Third Time in Five Months
“U.S. home seizures reached a record for the third time in five months in August as lenders completed the foreclosure process for thousands of delinquent owners, according to RealtyTrac Inc.
Bank repossessions climbed 25 percent from a year earlier to 95,364, the most since the Irvine, California-based data provider began keeping records in 2005. Foreclosure filings, [...]
Not too long ago, stories stated that small investors were still pulling money out of funds, and stashing cash in bond and other fixed income funds. So, this means the rally is being generated by the “market makers” chasing narrow areas of “promise”. This premise is backed by the reality the gains, as of lately, have been followed by quick, brutal sell-offs.
The problem with most [...]