For years, retired Texas Republican Congressman and three-time presidential candidate Ron Paul has espoused the virtues of precious metals and the disasters of a fiat currency, most notably the United States dollar. As a long-term investor of gold … [Read more...]
Archives for May 2013
Ron Paul talks gold’s volatility, U.S. dollar’s weak purchasing power
Thailand economic chief sees gold prices hanging above $1,000
Chart analysts are projecting that the latest plunge in gold prices could signal even bigger losses not seen for the past few years. Many foresee gold dropping to $1,100, while one foreign bank analyst believes the yellow metal will dip below $1,000. … [Read more...]
WGC Report: Italian officials considering using gold reserves as alternative to austerity
The World Gold Council released a report last week that found a strong majority of Italian business leaders and citizens agree that the Italian government’s gold reserves are extremely important and have a positive role in the nation’s economic … [Read more...]
Tangent Capital Investor: Gold to hit $4,000 amid deflation fears by central banks
Although the notion among libertarians, goldbugs and opponents of the Federal Reserve System is that inflation fears are causing the price of gold, silver and other precious metals to go up, others are now arguing that deflation concerns could drive … [Read more...]
Arizona legislature passes bill making gold and silver legal tender money
Over concerns about the weakness of the United States dollar and the Federal Reserve’s questionable inflationary measures, Arizona lawmakers voted Tuesday in favor of making gold and silver coins and bullion legal tender in The Copper State. The bill … [Read more...]
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