From LRC :

Our nation was founded with the sacred words, “We hold these truths to be self-evident, that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty and the pursuit of happiness.” But in1933,all that was shattered if by “pursuing happiness,” you chose to pursue gold.

Read the full article here.

Paul Joseph Watson
Prison Planet.com
July 2, 2010

The dollar plunged today following a United Nations report which called for the greenback to be replaced as the global reserve currency by the International Monetary Fund’s special drawing rights (SDRs).

The dollar’s trend of moving inversely to the stock market has seemingly been snapped, with the Dow Jones falling over 100 points atone stage today. However, as soon as markets began to claw back losses,the greenback failed to follow suit, indicating that whichever way markets move, the dollar is in ...

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From the Washington Post:

Nearly two years after tremors on Wall Street set off a historic economic downturn, congressional leaders greenlighted a bill early Friday that would leave the financial industry largely intact but facing a more powerful network of regulators who could impose limits on risky activities.

The final bill took shape after a 20-hour marathon negotiation between House and Senate leaders seeking to reconcile their separate versions.The legislation puts a lot of faith in the watchful eye of regulators to prevent another financial crisis. ...

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APMEX.com

Common Mistake #5 – Superficial Research

When faced with something new, it’s easy to simply scan the owner’s manual for the basic information and then “wing it.” It is tempting to do the same when beginning an investment in precious metals.  In the precious metals market, superficial research is just looking at such general information as spot prices — in other words, doing the bare minimum to prepare yourself before jumping in. The downfall of not doing serious research is obvious. There are ...

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Buying an automobile is a big step and very expensive.  So The Art of Manliness breaks down how you should negotiate for your next used car.

HT: LRC

From Neithercorp Press:

They called us “kooks” and “crackpots”. They said our ideas were outdated and incompatible with modern finance. They said it wouldn’t last. Oh yes, Gold, they said, was a silly investment with no inherent value, and soon, precious metals investors would be “wiped out” by the“inevitable implosion of the gold bubble” (gold bubble….?). Mainstream establishment economists and Keynesians have been yipping and snarling like overanxious Chihuahuas for the past two years against gold and silver, most specifically their use as a hedge against collapse in ...

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"The recession that began in December 2007 produced a change in Americans' perception of their economic future," writes Gary North.  "They moved from the tradition of hope to one of just barely hanging on. I have never seen this before.Only someone born around 1910 can recall anything like it,assuming that he recalls anything at all."

Read the rest of the article here.

From FT :

The US remained the world’s biggest manufacturing nation by output last year, but is poised to relinquish this slot in 2011 to China – thus ending a 110-year run as the number one country in factory production.

The figures are revealed in a league table being published on Monday by IHS Global Insight, a US-based economics consultancy.

Last year, the US created 19.9 per cent of world manufacturing output, ...

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From LRC :

1. The crucial objective factor promoting economic growth in a private property social order is per capita investment.

2.Americans save less than 5% of household income.

3.The Federal Reserve System runs the show economically; Congress doesn't.

4.Here is the supreme symbol of the chain of command: Congress will not audit ...

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APMEX.com

Common Mistake #4 – Physical Gold And ETFs Are The Same

Many investors, especially those new to precious metals, make the critical error of thinking that owning an Exchange Traded Fund (ETF )that invests in gold, such as GLD, is the same as owning the physical gold itself.  This mistake is born of a common misunderstanding. While ETFs do buy some physical gold, there are many differences between owning shares of an ETF and owning physical gold.There are many differences you should be aware ...

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