Sunday, June 20, 2010

New monetary system may use gold at much higher price, Tocqueville's Hathaway says


Ambrose Evans-Pritchard: Gold reclaims currency status as global system unravels


Saudis hoard twice as much gold as thought


H.H. sent this: Venezuela Food Prices Skyrocket. H.H. asks: "How's that Socialist Revolution workin' out for ya, Hugo?"


story on CNBC that is of interest: 'Serious Market Problems' in the Fall—Gold to Hit $2500. Here's an excerpt: "In the meantime, Schatz said investors should expect a rally through June and into August—before seeing 'serious problems' in the fall. ...Taxes are going up next year and so on the surface, people are going to have less money to invest and less money in the economy,” he explained. “We’ve also got a municipal crisis coming on the horizon that no one’s talking about."


Spain: The New Crisis in Euroland


Food Prices to Rise Up to 40% Over Next Decade, UN Warns


Bank Run in Spain and its Destabilizing Ramifications for the Entire EU


Spain Plays High-Stakes Poker Game with Germany as Borrowing Costs Surge


Gold Rises as Euro Struggles, Share Prices Down


Spending Fable (The Mogambo Guru)

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