Greece Considers Exit from Euro Zone: Athens Mulls Plans for New Currency

To the people of Greece: If I were you I would buy physical gold and silver NOW to protect my assets. This is a great investment opportunity: - Mike Krieger of KAM LP on Gold And Silver, Exposes ‘The Big Lie’ Here are the ‘dire’ consequences of leaving the euro and the EU: - Why [...] continue reading world news

And So It Continues: Another 92,000 Ounces In Physical Silver Withdrawn From Comex (Despite Historic Paper Collapse)

At this rate, tomorrow, for the first time, we will see a 32 handle in Comex registered silver ounces, where apparently despite the massive drubbing in paper silver, demand for physical inexplicably persists. Speculators to be blamed for this in 5…4…3… Longer-term: Submitted by Tyler Durden on 05/05/2011 19:00 -0400 Source: ZeroHedge See also: - [...] continue reading world news

US Food Stamp Recipients Hit New Record – 400 Americans Account For 10% Of ALL Capital Gains

See also: - Warren Buffett’s $600 Million INTEREST-FREE Loan From US Taxpayers Or How The Wealthiest Americans Enrich Themselves At Taxpayers Expense (Yahoo Finance) May 03 — Today SNAP released the most recent food stamp numbers. Not surprisingly, we just saw another all time high 44.2 million poverty-level Americans relying on government funding for day [...] continue reading world news

US Dollar Collapse Index Is Getting Ready To Break Below Its March 2008 Record Low Of 72.165

This article is from Feb 28, 2011: - Guru Insight; U.S. Dollar collapse?: “The dollar right now is hanging on the precipice. If we break below 77 on the Dollar Index, look out below,” said Turk. “I don’t think people really appreciate how scary the dollar chart is here, or how ominous the implications really [...] continue reading world news

Another Day, Another All Time High: Gold At $1,544.9

Hopefully at this point nobody is surprised why at this rate gold will pass $1,600 within a month, silver may be $100 by the end of the year, and the dollar will be worthless, in order, to paraphrase Bernanke, reincarnate it in a fresh start version of itself, following the refinancing of all US private [...] continue reading world news

Gold-Buying Central Banks Signal Bullion Extending Record Price Rally

See also: - China Proposes To Cut Two Thirds Of Its $3 Trillion In USD Holdings! - As The Japanese Government Pension Fund Announces Commencement Of Asset Liquidations, Will The Japanese Bond Market Finally Crack? Apr. 29 (Bloomberg) — Central banks that were net sellers of gold a decade ago are buying the precious metal [...] continue reading world news

Bank Of Japan: Japan Economic Outlook ‘VERY SEVERE’

Apr. 30 (Reuters) – Bank of Japan Governor Masaaki Shirakawa said on Saturday that the country’s economic outlook was very severe and that the central bank would take appropriate action to support the economy. But he offered few clues on whether and when the BOJ would expand its asset-buying scheme, only saying that its next [...] continue reading world news