Tag Archives: gold standard

Every week, Your News to Know delivers you the latest news stories about the economy and the gold market. Stories this week include: The West jacks up gold prices by printing more paper money, more and more European nations say they want their gold back from the United States, and India eases gold import restrictions boosting wedding demand for the metal. Get all the details here.

In his latest contribution, Keith Weiner argues that the United States is facing a “monetary cancer”, and for as long as we allow it to continue there will be no economic recovery. The solution, Weiner says, is in the gold standard. Find out why here.

Every week, we bring you the top 3 stories about gold, precious metals, and the economy. In this edition of Your News to Know, gold demand in Asia picks up as wedding season in India approach, Scotland may claim a chunk of the UK’s gold reserves and Steve Forbes launches a campaign to get the Fed clean up its act. See all the details here.

Following in the footsteps of Utah, Kansas and Texas, Oklahoma recently passed a law to allow gold as legal tender, which has led some to believe that the U.S. is slowly moving towards the gold standard. How would that work? And is it even realistic? How would you even use gold in place of the U.S. dollar? It’s a fascinating topic with no right or wrong answers. In this Market Report, Will Hart and Jake Kennedy give their take on these questions. Pay special attention to the enlightening example that’s taking place in Ukraine today.

Each week, we bring you news and top stories about gold, precious metals and the economy. This week, a mining exec says he expects gold to hit $5,000. Also, Moscow has been hoarding gold this year as fast as it can get its hands on it, and now Russia on its way to become 2nd largest gold producer. Oklahoma, Utah, Texas, and Louisiana might be joined by other states in accepting gold and silver as hard money.

Early this year, the hype surrounding FATCA was palpable. Our clients were desperate to learn as much as they could about the law. And all the interest swelled to a crescendo when it was implemented on July 1, 2014. But now that the law is actually in effect? NOW is the time you need to know the true damage it’s causing. And we have the early results right here.

Every week there are new, dynamic stories that impact the gold market and greater economy that we like to share with you. This week, the notion of a Chinese gold standard seems quite viable. The escalating situation in Ukraine could blow the roof off the price of gold. And finally, are the worst days for gold finally behind us? All in this week’s Your News To Know.

In a new book, Steve Forbes has advocated a return to the gold standard, warning that the implications of not doing so could wreck havoc on the economy. Forbes is far from the first person to push for moving back to a system in which the dollar is backed by gold – Ron Paul has been a vocal supporter for some time. With so much conversation swirling, our own Vince Miller and Will Hart give you some perspective: What would going back to the gold standard do for our economy, for the dollar and for gold? And perhaps more importantly, what are the ramifications if Washington fails to take action? Get answers to your questions here.

Every week we keep you up to date on different events that affect the precious metals market and potentially your savings. This week, we look at how gold is the last chance for the American government to prevent ultimate failure in the dollar. Although we’ve come a long way from the financial disaster of 2008, the economy still faces fiscal adversity. Also, what does China’s rising middle class mean for the future of gold? Here are this week’s headlines.

Following gold’s slip last week, this week saw a round of bargain hunting. Gold traded near highs of $1,730, ending the week at $1,716. Silver held in a lateral position with platinum taking a beating as South African mining strikes resulted in massive layoffs and mine closures. US job reports leave many unimpressed, and the country’s presidential elections seem to be sliding into confusion rather than home base as the candidates categorically ignore Europe’s meltdown, China’s slowdown and untold mismanaged mineral wealth in Eastern and Central Africa. With the world’s markets indexed to the over-abundant weak-kneed US dollar, those in the know are calling for reinstating the Gold Standard. Central banks are snapping up gold, leading calls for a November fat with $2000 per ounce gold.