World Gold Council: Gold demand to rise in global transition to multi-currency reserve system

In an Official Monetary and Financial Institutions Forum (OMFIF) report commissioned by the World Gold Council (WGC), it was projected that demand for gold would likely rise in 2013 as the world shifts toward a multi-currency reserve system due to … [Read more...]

Selling gold to deal with debt ceiling crisis being talked about

Since the idea of minting a $1 trillion platinum coin to evade the debt ceiling has been officially rejected, there has been another concept floating around to sell a portion of the Treasury’s 261.5 million ounces of gold in Fort Knox, Kentucky. With … [Read more...]