Gold Blog Archive
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American Bullion -- John Williams: A Hyper-Inflationary Great Depression Is Coming
ShadowStats' John Williams has done his math and believes his numbers tell the truth. He explains why the U.S. is in a depression and why a Hyper-Inflationary Great Depression is now unavoidable. John also shares why he selects gold as a metal for asset conversion in this exclusive interview. John, last December you stated, The U.S. economic and ...
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American Bullion -- Gold Most Likely to Double
By John Dourekas Of Kitco News
Hong Kong (Kitco News) -- Gold will most likely double from its current $1150 an ounce during the course of the bull market, according to Puru Saxena, founder of Puru Saxena Wealth Management.
In an exclusive interview with Kitco News, Saxena said one major factor in gold’s favor "is that central banks have now ...
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American Bullion -- CNBC - Governments Will 'Bankrupt Us': Marc Faber
By: CNBC.com
Current economic policies are not sustainable and the world faces doom because "the governments are taking over", said Marc Faber, editor & publisher of The Gloom, Boom & Doom Report.
"They will all bankrupt us and expropriate us, but it may not happen tomorrow. They'll give us something to play with, until the whole system breaks down...they ...
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American Bullion -- Gold Rises as Investors Seek Alternative to Holding Currency
By Pham-Duy Nguyen
(Bloomberg) -- Gold rose for a second day on speculation that Europe’s debt problems may worsen, boosting demand for the metal as an alternative to holding currency.
Gold priced in euros reached a record as the 16-nation common currency dropped for the fifth straight day on Greece’s debt troubles. Before today, gold gained 28 percent in ...
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American Bullion -- Gold Surges to Four-Month High on Demand for Currency Hedge
By Pham-Duy Nguyen
April 9 (Bloomberg) -- Gold climbed to the highest price since December as investors sought an alternative to holding currencies.
The dollar fell as much as 0.8 percent against a basket of six major currencies. The euro headed for a weekly loss against the greenback on mounting speculation that Greece will default on its debt. Gold priced ...