Archive for March 24th, 2009

Salvation Army rings up 10% increase
Galesburg Register-Mail, IL
The Salvation Army in Galesburg received this $50 gold coin in one of its Christmas kettles last fall. It marks the fourth or fifth year such a coin has been donated to the kettle campaign. By JOHN R. PULLIAM Donations to The Salvation Army’s iconic

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The Next Gold Rush: Your Living Room
CBS News, NY
All of that former finery ends up at a smelter, melted down into gold bricks often worth $10000 a piece. Many are now hoarding them as a hedge against a sinking stock market. Americans bought 77 tons of gold bars and coins last year,

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Lawmaker proposes Medal of Honor coin
Stars and Stripes, DC
Carney’s legislation calls for recognizing the Medal of Honor with 100000 $5 gold coins and no more than 500000 $1 silver coins. Those coins would be legal tender. The gold coin cost would include a surcharge of $35 and the silver coin a surcharge of

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Bob Moriarty: Act on Contrarian Thinking
Jutia Group, MD
TGR: It’s interesting that silver coins carry a much higher premium than gold coins do. What’s causing that if there is no shortage? BM: That’s not really true. I went into my coin dealer in Miami a couple of weeks ago, and I was buying Mercury dimes

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A Handy Glossary for Today's Economic Crisis
Seeking Alpha, NY
Gold remains a principal financial asset of almost all central banks. There is also a highly liquid market in the private ownership of gold, usually in the form of gold coins and gold bars, serving as a private source of wealth.

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