Monthly Archives: May 2011

Commentary: Gold bugs cite lack of faith in paper money MarketWatch By Peter Brimelow May 30, 2011, 12:01 a.m. EDT NEW YORK (MarketWatch) — Another fabulous Friday for gold has the bugs bugalooing. With two distinct surges, early and late in … Continue reading →

Yahoo! News By Andy Sullivan May 25, 2011 WASHINGTON (Reuters) – Republicans on Wednesday rushed to defend their drive to cut government health spending amid signs it may spur a backlash from voters and weaken their hand in talks to … Continue reading →

CNBC.com By: Jeff Cox Monday, 23 May 2011 | 9:25 AM ET The US is spending $4 billion a day more than it is taking in, putting the country on an unsustainable fiscal path perpetuated by both Democrats and Republicans, … Continue reading →

Associated Press May 23, 2011 SALT LAKE CITY (AP) — Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being “as good as gold.” To make that … Continue reading →

The Wall Street Journal by Carolyn Cui and Rhiannon Hoyle Friday, May 20, 2011 Chinese investors are snapping up gold bars and coins, buying more than ever before in the first quarter of 2011 and overtaking Indian buyers as the … Continue reading →

Kitco News By Allen Sykora Of Kitco News May 19, 2011 (Kitco News) – First-quarter world gold demand grew 11% from the same period a year ago to 981.3 metric tons, said the World Gold Council Thursday in its quarterly … Continue reading →

CNBC.com Published: Tuesday, 17 May 2011 | 9:33 PM ET By: Reuters Americans worried about a weaker dollar may want to get used to it. Whatever Treasury Secretary Timothy Geithner may say about a strong dollar being in U.S. interests, … Continue reading →

Yahoo! News By PAUL WISEMAN, AP Economics Writer Mon May 16, 6:14 pm ET WASHINGTON – The government has maxed out its credit card. The United States reached its $14.3 trillion limit on federal borrowing Monday, leaving Congress 11 weeks to raise the threshold … Continue reading →

CNNMoney.com By Jeanne Sahadi May 16, 2011: 12:49 PM ET NEW YORK (CNNMoney) — It’s official: The U.S. government hit the debt ceiling on Monday, Treasury Secretary Timothy Geithner told Congress. Geithner said he would have to suspend investments in … Continue reading →

HumanEvents.com By Paul Dykewicz May 11, 2011 A return to the gold standard by the United States within the next five years now seems likely, because that move would help the nation solve a variety of economic, fiscal, and monetary … Continue reading →