Archive for June 9th, 2009

Chrysler-Fiat Is On!
The Business Insider, NY
In particular, US bonds, including those issued to finance the American participation in the First World War, provided the holders of the bonds with an unambiguous promise that the US government would give them the option to be repaid in gold coin.

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Some answers on banking
Examiner.com
The currency being exchanged is no longer gold coin, and paper scrip from the banks is no longer used. The rest of the system has the same foundations it always did. So with that in mind I'll look at the questions posed by my commenters.

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Gold Seek
Tupperware and ATMs– Gold Goes Mainstream
Gold Seek
In December, bullion dealers from Johannesburg to New York City were starting to run out of gold coins when investors caught in the economic downturn scrambled to get into safe-haven assets. The sudden “gold rush” was so extreme that large coin dealers

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Pak Watan
'Decade of dollar weakness' to boost Gold Investment
BullionVault, UK
A prominent fund manager has claimed that gold is a sound long-term investment because the dollar is likely to struggle in the next decade, Reuters reports. Investors often opt to Buy Gold as an alternative currency to the greenback - particularly when
Investing in Gold on the rise as 'dollar is suffering' BullionVault
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BBC News
Coin hoard exceeds sale estimate
BBC News, UK
A hoard of gold coins found by a builder in the cellar of an Oxfordshire flat have sold at auction for £76360. The 400-year-old coins, minted during James I's reign, were valued by auctioneers at about £50000 and were found in Chipping Norton 30 years

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