Keyword: gold
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WASHINGTON, Dec. 12 — A former Iraqi intelligence officer who was said to have met with the suspected leader of the Sept. 11 attacks has told American interrogators the meeting never happened, according to United States officials familiar with classified intelligence reports on the matter. Ahmad Khalil Ibrahim Samir al-Ani, the former intelligence officer, was taken into custody by the United States in July. Under questioning he has said that he did not meet with Mohamed Atta in Prague, according to the officials, who have reviewed classified debriefing reports based on the interrogations. American officials caution that Mr. Ani may...
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Prince wasn’t big on the stock market — but he did have nearly $1 million in gold bars. The Carver County District Court released an inventory of the late singer’s estate last Friday. While many items are still being appraised and valued, the documents obtained by PEOPLE make it clear that the “Purple Reign” icon had exactly zero dollars worth of “stocks, bonds and other securities.” Apparently he preferred to keep his cash the old fashioned way. Sixty-seven 10 oz. gold bars, valued currently at $836,166.70, were found in his possession when he died of a fentanyl overdose on April...
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The European Commission proposed tightening controls on cash and precious metals transfers from outside the EU on Wednesday, in a bid to shut down one route for funding of militant attacks on the continent. The move follows Monday's attack on a Christmas market in Berlin, where 12 people were killed as a truck ploughed into a crowd. It is part of an EU "action plan against terrorist financing" unveiled after the bombings and shootings in Paris in November 2015. Under the new proposals, customs officials in European Union states can step up checks on cash and prepaid payment cards sent...
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Vice President-elect Michael Pence is currently the most powerful single political influence on President-elect Trump. Among other things, he is in charge of the transition team. He will also be in charge, after the inauguration, with dealing with Congress. For leftists, hostile to gold, that is a problem. However, for those of us who believe that the only way to solve our long-term economic problems is by a return to honest money, it is a godsend. The editor of the New York Sun realized this quite a while ago. He wrote, back in July, about the wise choice of then-Governor...
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Tommy G. Thompson was once one of the greatest treasure hunters of his time: A dark-bearded diver who hauled a trove of gold from the Atlantic Ocean in 1988 - dubbed the richest find in U.S. history. Years later, accused of cheating his investors out of the fortune, Thompson led federal agents on a great manhunt - pursued from a Florida mansion to a mid-rent hotel room booked under a fake name. Now Thompson's beard has grayed, and he lives in an Ohio jail cell, held there until he gives up the location of the gold. But for nearly two...
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As it goes in silver, so it goes in gold. In London at least. In a bid to have UBS reinstated as a defendant in a London Gold Fix antitrust lawsuit, plaintiffs documents submitted to a New York Court last week include explosive chat room transcripts of UBS and traders from different banks encouraging each other to “push,” “smack,” and “whack” gold prices. The transcripts are equally as startling as those described of banks of the London Silver Fix and UBS given to the court the previous day and described last week in this article. On December 6th attorneys for...
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Police search for man who took a container of gold flakes from a truck while security guards were distracted Opportunist thief steals pot of gold in New York – video New York police are searching for a man who swiped a large bucket of gold flakes from the back of an armored truck, disappearing with an estimated $1.6m in treasure.
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The heir to a property in Normandy moved in only to find his forebear had hidden 100kg of gold coins, bars and ingots around the house, which he has just sold for €3.5m. The unnamed individual made the incredible discovery after inheriting the plush home in Evreux, a town south of Rouen. He started looking around the house to work out what his relation had left behind, and was stunned at what he found, according to the auction house of Evreux, which sold the entire collection. “There were 5,000 gold pieces, two 12-kilo gold bars and 37 ingots each weighing...
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Tyler DurdenNovember 19, 2016 India's 'de-monetization' scheme has caused chaos across the nation, and while SocGen says the government's plan may have some short-term success in curbing so-called 'black-money', investors should "brace for economic disruption" as Bloomberg reports the Indian government is considering a cap on cash holdings for individuals. As SocGen concludes, "people will now be more inclined to park their black income in gold rather than in currency." The daily images of utter chaos in India that has brought the conutry's economy to a standstill since they unleashed their war on cash... Are perhaps about to get worse,...
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Chaos in the Wake of the Ban Here is a link to Part 1, about what happened in the first two days after India’s government made Rs 500 (~$7.50) and Rs 1,000 (~$15) banknotes illegal. They can now only be converted to Rs 100 (~$1.50) or lower denomination notes, at bank branches or post offices. Banks were closed the first day after the decision. What follows is the crux of what has happened over the subsequent four days.
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Jeff Berwick November 17, 2016 We are living in a world where paper fiat money is becoming a novelty. In Australia, Citibank has just become the first to declare that it no longer will accept notes or coins. Only digital transactions. This follows on the heels of India banning large cash denominations. The cash-oriented changes of these two countries are especially troubling in light of the eventual plans to phase out large denomination euro notes and the US 100 dollar bill by 2018. Just as the Economist predicted nearly 30 years ago, the world is going cashless. A few days...
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George Soros’s hedge fund Soros Fund Management sold its stake in a widely used gold exchange-traded fund in the third quarter, according to a regulatory filing out Monday. The fund reported no stake in the SPDR Gold Trust GLD, +0.58%  in the period ended Sept. 30. That’s after disclosing a position worth $30.4 million in a second-quarter filing. The storied billionaire investor had attracted attention during the second quarter for being generally bearish on world markets — and scooping up safety-play gold.
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A leading precious metals dealer, has shipped ten 1/10th oz 2016 American Gold Eagle Coins to Supreme Court Justice Ruth Bader Ginsburg to ease her exit from the United States now that Donald J Trump has been elected President. The NY Times reported in July that Justice Ginsburg stated when asked about a Trump Presidency, “Now it’s time for us to move to New Zealand.”
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With all eyes on Russia’s unveiling their latest nuclear intercontinental ballistic missile (ICBM), which NATO has dubbed the “SATAN” missile, as tensions with the U.S. increase, Moscow’s most potent “weapon” may be something drastically different. The rapidly evolving geopolitical “weapon” brandished by Russia is an ever increasing stockpile of gold, as well as Russia’s native currency, the ruble. Take a look at the symbol below, as it could soon come to change the entire hierarchy of the international order – potentially ushering in a complete international paradigm shift – and much sooner than you might think. The symbol is...
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No one else can be with you the way that I AM. Know that as I AM perpetually with you as the flowing down of a waterfall , Truly even this presence is your shield and guard. So there is no need to fear for I have already overcome this world for you and Zion is now your home and place of eternal reside. So "See" yourself here for it is your eternal truths you walk in not what is seen with your eyes but "what you know in your heart and soul to Be true". Now find Peace in...
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Thread for Gold Rush fans
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A new report has government officials considering setting 10 million acres of across six states in the American west off limits to mining and development to protect the chicken-like Greater Sage Grouse, which is not an endangered species. The U.S. Geological Survey (USGS) report found that much of the Sage Grouse’s habitat sits on top of extremely valuable deposits of minerals including gold, copper, lithium, silver, uranium and many others. The USGS report means that the government’s most restrictive grouse protection plan could kill even more than 31,000 jobs and lead to more than $5.6 billion in reduced annual economic...
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During the final days of 2014 Canada's minister of the environment gave the green light to Seabridge Gold's KSM project in northern British Columbia, the world's largest undeveloped gold-copper project by reserves. The federal and provincial environmental assessment process took nearly seven-years and KSM was only the second metal mine in five years to receive approval. A new preliminary economic impact study released by Toronto-based Seabridge on Thursday, the already ambitious project takes another leap forward. During the first seven years of operation annual gold output would top 1 million ounces According to a statement, Seabridge now envisages a much...
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My country club locker room is a fascinating 19th hole observatory where human nature and intelligence often come into conflict. Almost all of my golfing buddies are risk takers by nature and many of them are gamblers — not just in the card room but also in the casinos in Las Vegas. Having spent some time in Sin City myself in my early 20s as one of the first blackjack counters, I was, and still am, most familiar with odds and the impossibility of beating the “House” in any game other than blackjack over a long period of time. Still,...
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Economists on the left routinely appear mystified by the ongoing slow growth in jobs, investment and business startups under President Obama. But a new report from America's largest manufacturers' group suggests a big reason for our current slowdown can be found in one word: regulation. The study by the National Association of Manufacturers (NAM) shows new regulations over just the past year amount to a huge hidden tax on U.S. businesses... ...In the last year, federal agencies and departments imposed rules that will cost U.S. businesses $81.6 billion... ...don't expect a sympathetic hearing from Hillary Clinton and other Democrats on...
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