IMF advisor says we face a Worldwide Banking Meltdown
Dexia to be buried by tomorrow/silver and gold OI lowest in many years
Harvey Organ at Harvey Organ's - The Daily Gold and Silver Report - 6 minutes ago
Good evening Ladies and Gentlemen:
Tonight's commentary will be on the short side.
Before commencing I would like to report that we had two banks that entered the morgue Friday night:
1. Sun Security Bank of Ellington Mo.
2. Riverbank, Wyoming, MN
Gold finished the comex session at $1434.50 down $17.40 on the day. Silver fell $1.06 to $30.96
Most of the fall in the metals occurred after 12Nestle Chief Warns of Food Riots.
French populism advocates metallic currency and smashing big banks, IMF, ECB
The Dutch Central Bank Answers 10 Questions About Its Gold
Three weeks ago, the Dutch asked their central bank where their gold is. The central bank has responded. Courtesy of Vrijspreker, here are both the replies, as well as the key follow up questions. And while the bulk of the answers are expectedly trite, and generic form, "DNB’s physical gold holdings function as the ultimate reserve and anchor of trust in times of financial crisis. Further, gold is being held for diversification reasons." This appears just slightly different from our own Chairman's definition of gold as mere barbarous tradition.James Turk: Why gold is a better currency than anything governments issue
Mike Zielinski: Silver eagle bullion sales move into record territory
King World News posts Davies audio and precious metals demand reports
Occupy Wall Street Evolves Using Social Media Message
Moody’s Cuts Rating on 12 UK Financial Institutions
Regulators Close Two More Banks, bringing the nationwide tally of bank failures up to 76 for the year.
CBO estimates $1.3 trillion deficit for 2011
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