The United States does not have a capitalist system. We have a corporate fascist economic system where a small cartel of bankers, military weapons suppliers, and mega-corporations set the agenda for the country through their complete capture of politicians and the mainstream corporate media.
The Bank of America Merrill Lynch said in a report that there was strong possibility of silver hitting $80 an ounce, causing ripples in the silver stock and ETF markets.
Even as silver prices are hovering near their all-time record high, there are some investors who ardently believe prices will continue to go upward. And then, there are people who think it's realistically possible that silver will breach an unbelievable $100 an ounce!
Prince William and Catherine Middleton continued the 88 year tradition of the British monarchy to use wedding ring made of rare Welsh gold. Ironically, it was May 1999 when Gordon Brown sold half of Britain's gold reserves at rock bottom prices, squandering many billions of the national wealth.
The dollar hit new 2011 lows against the euro and the British pound yesterday, while the Dollar Index (USDX) is currently trading at around 73 - close to record lows.
U.S. stocks advanced in early trade on Friday, following stronger-than-expected earnings from major companies including Caterpillar and Merck.
Gold continued its explosive rise, when measured in the falling US dollar currency, on Friday trading for $1,540 per ounce, marking a new record high yet again and set for its seventh successive weekly gain.
The take away from Bernanke's comments yesterday should allay any fears that the Federal Reserve will be lifting interest rates any time soon.
Gold Investing prices extended last night's strong gains on Thursday, hitting fresh all-time highs at $1534 per ounce as new US data showed inflation accelerating sharply.
U.S. stocks declined in early trade on Thursday after government reports showed that US economic activity slowed significantly in the first quarter and applications for jobless benefits unexpectedly increased.
Futures on major U.S. stock indices remained range-bound on Thursday ahead of economic data including key US GDP figures from the government.
The Australian share market closed lower amid concerns about a tough upcoming federal budget, strong local dollar and possible interest rate rises sparked by higher inflation figures.
This week’s Federal Open Market Committee (FOMC) meeting should not interrupt the recent positive performance of the US financial markets.
U.S. stocks slightly higher in early trade on Wednesday after a government report showed that new orders for manufactured durable goods rose better-than-expected in March.
Prices to Buy Gold rose but silver held flat in Asian and London trade on Wednesday, while the Dollar fell, European equities rose, but peripheral Eurozone debt sank to new record lows.
Futures on major U.S. stock indices point to a higher opening on Wednesday ahead of US Federal Reserve’s meeting and Census Bureau's durable goods orders report.
The Gold Price recovered an overnight dip below $1500 per ounce in London on Tuesday, trading less than 1% shy of yesterday's new all-time high at $1518 as European stock markets rose together with major government bonds and energy prices.
Gold is constant. What is changing is everything else - the volume and quality of debt, in particular, and the volume of US Dollars most especially. That's what makes the golden constant stand out against the noise of the Dollar's latest plunge.
Brookhaven National Laboratory's Relativistic Heavy Ion Collider in Upton, N.Y., has found the heaviest atom of antimatter ever, a bit of anti-helium.
U.S. stocks ended higher on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
Gold prices shot up to a new record of $1,512.50 an ounce in New York late on Friday, posting a record weekly gain and maintaining a six-week winning streak. What the gold rally means to the dollar and the American people is obvious from the rush pawn shops see across the United States.
Scandal-prone actress Lindsay Lohan has been ordered to serve 120 days in jail along with 480 hours of community service in connection with the alleged theft of a necklace on probation violation.
