Gold Coin Buying . com

China's central bank renewed its call for a new global currency and said the International Monetary Fund should manage more of members'foreign-exchange reserves, triggering a decline in the U.S. dollar.”To avoid the inherent deficiencies of using sovereign currencies for reserves, there's a need to create an international reserve currency that's delinked from sovereign nations,” the People's Bank of China said in its 2008 review released yesterday. The IMF shou…

Beijing's quest to dethrone the dollar as the world's dominant currency is a natural strategy for hard-line Chinese leaders bent on undercutting U.S. influence in the world. Yet here's a twist: A key figure behind this policy drive, Chinese central banker Zhou Xiaochuan, is actually an economic reformer and internationally respected economist….Beijing is nudging trading partners to use its currency, the yuan, in trade transactions. Meanwhile Zhou, who has served as governor…

Original Post By Google News By Steve LeVine and Dexter Roberts, Business Week

CHICAGO (MarketWatch) — Bill Gross, co-chief investment officer of bond mutual-fund giant Pimco, on Thursday offered investors a sobering market outlook in which he sees lower returns, decreased U.S. growth and the loss of the dollar's status as the world's reserve currency……. “it's hard for [Pimco] to imagine” the Dow Jones Industrial Average climbing back to 14,000 or home prices returning to 2006 levels, Gross said.”Growth will be stunted,” he said. “It will be a diff…

Original Post By Google News By Sam Mumudi, MarketWatch

From a long-term perspective, gold is a bargain at recent prices in the $900 to $930 an ounce… and will remain so even as it begins to move into a higher trading range. Recent gold-market developments and technical price action - along with broader economic and financial-market developments - suggest gold is bracing for a resumption of its long march upward and a retest of its historic high in the months ahead. First and foremost, the bullish outlook for gold rests on the increasing likel…

Original Post By Google News By Jeffrey Nichols, Telegraph

Follow the Gold Coins to Ray Robinson Examiner.com A collection of six major works — ranging from a series of “psychedelic smoke” studies to playful monster eyes and drifting keyhole cosmonauts — lined the walls above rows of T-shirts and caps, some of which came from Robinson’s Gold Coin line. …

Original Post By Google News Click Here For The Entire Article