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Keyword: gold

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  • Gold is taking back its crown from bitcoin as best defensive play, strategist says

    04/12/2018 9:05:31 AM PDT · by NRx · 9 replies
    CNBC ^ | 04-12-2018 | Keris Lahiff
    Gold is surging to two-year highs. But does the rally have legs? Gold is surging to two-year highs. But does the rally have legs? 19 Hours Ago | 02:30 Gold soared to two-year highs this week as uncertainty rattled the market. The bull run isn't over yet, says one strategist. "I am a buyer. I really do like it," Boris Schlossberg, managing director of FX strategy at BK Asset Management, told CNBC's "Trading Nation" on Wednesday. It's "retaking its mantle as the key defensive asset against bitcoin, which has certainly suffered a lot over the last couple of months." As...
  • Sound Money Bill in Congress Would Define Dollar as Unit of Gold

    04/05/2018 9:08:42 PM PDT · by WisconsinRep · 40 replies
    The New American ^ | 05 April 2018 | Alex Newman
    Legislation introduced in Congress recently would define the U.S. dollar as a fixed amount of gold, a move that supporters say would help stabilize the monetary system while protecting savers, workers, and investors from the ravages of inflation. If signed into law, the bill would also restrict the ability of the controversial Federal Reserve System to confiscate the American people's wealth and manipulate the economy by expanding the currency supply. President Donald Trump has publicly supported the idea of returning to a gold-backed dollar, but the prospects for the new legislation remain uncertain. The legislation, H.R. 5404, would “define the...
  • H.R.5404 - To define the dollar as a fixed weight of gold.

    03/28/2018 11:33:11 AM PDT · by MNDude · 113 replies
    Sponsor: Rep. Mooney, Alexander X. [R-WV-2] (Introduced 03/22/2018) Committees: House - Financial Services Latest Action: House - 03/22/2018 Referred to the House Committee on Financial Services. (All Actions)
  • Death Of US Dollar? China Launches Petro-Yuan To Challenge Greenback’s Dominance

    03/26/2018 8:55:51 AM PDT · by Enlightened1 · 34 replies
    RT ^ | 03/26/18
    The highly anticipated yuan-backed crude oil futures have been launched in Shanghai. China is the world’s biggest oil consumer, with eyes on rival benchmarks Brent and WTI as well as the US currency. Trading of the new oil futures contracts for September settlement started on the Shanghai International Energy Exchange at 440.20 yuan ($69.70) per barrel, reports Chinese daily the South China Morning Post. Some 18,540 lots have reportedly been sold and purchased so far. long-awaited step evoked a surge in global prices for oil with Brent Crude soaring to $71 a barrel for the first time since 2015. US...
  • Cache of Iron Age Coins Discovered in England

    03/20/2018 5:00:44 AM PDT · by SunkenCiv · 22 replies
    Archaeology ^ | Wednesday, March 14, 2018 | editors
    CHIDDINGSTONE, ENGLAND -- Kent Live reports that a hoard of gold coins was discovered by a metal detectorist in a farmer’s field in southeast England. The ten coins are thought to have been minted in northern France about 2,000 years ago. The Gauls may have used the coins to pay or bribe mercenaries to fight against Julius Caesar. Archaeologist Claire Donithorn of the Eden Valley Museum said the coins are being held at the British Museum, but may be returned to the local area. "They date from precisely the time when Britain emerged from prehistoric to historic times," she said....
  • FBI dig at rumored site of fabled Civil War treasure comes up short

    03/20/2018 3:09:35 AM PDT · by BBell · 31 replies
    http://www.foxnews.com/ ^ | 3/20/18 | Lukas Mikelionis
    The FBI came out empty handed at the remote Pennsylvania site where Civil War-era gold treasure is rumored to be buried, officials said Monday. Dozens of FBI agents, Pennsylvania state officials and members of a treasure-hunting group dug in a rural site where local lore has it that a Civil War-era gold shipment bound for a U.S. Mint in Philadelphia was either lost or hidden around the time of the Battle of Gettysburg in 1863. President Abraham Lincoln reportedly ordered the shipment to pay Union Army soldiers, according to a local treasure-hunting group called Finders Keepers.The FBI said it conducted...
  • Has lost Civil War gold bound for Philly been found?

    03/16/2018 5:54:42 PM PDT · by mdittmar · 20 replies
    Philly.com ^ | March 16, 2018 | Jason Nark
    When Sgt. Jim Connors tipped back a few too many, he’d talk about the legend of lost Civil War gold, and boast about its whereabouts deep in the hills of Western Pennsylvania. Connors, according to a 1978 United Press International article in the Pittsburgh Press, was part of a special Union detachment tasked with transporting 26 gold bars, each weighing 50 pounds, from West Virginia to the U.S. Mint in Philadelphia in the summer of 1863.According to one version of the story, Connors staggered into Lock Haven, in north-central Pennsylvania, as the lone survivor of an ambush. The gold was...
  • Legend says a load of Union gold went missing during the Civil War. Did the FBI just find it?

    03/18/2018 1:25:48 PM PDT · by BBell · 35 replies
    https://www.washingtonpost.com/ ^ | 3/17/18 | Cleve R. Wootson Jr.
    As a 155-year-old legend goes, a Union Army wagon train left Wheeling, W.Va., before the Battle of Gettysburg, carrying two tons of gold, but never completed its 400-mile mission. The gold was supposed to be used to pay Union soldiers. But it first had to make it to the U.S. Mint in Philadelphia, according to the Associated Press. It never did. The wagon train traveled northeast and was last spotted in St. Marys, Pa. Searchers found the wagons and the bodies of dead soldiers — and the gold was gone. But maybe not forever. On Friday, dozens of FBI agents,...
  • Has $55MILLION of gold lost during the Battle of Gettysburg finally been discovered? [tr]

    03/17/2018 5:25:21 AM PDT · by C19fan · 22 replies
    UK Daily Mail ^ | March 17, 2018 | Minyvonne Burke
    Has $55million worth of lost gold from the Civil War era been found in central Pennsylvania? That's what locals seem to believe after FBI agents, Department of Conservation and Natural Resources and treasure hunters Dennis and Kem Parada were seen digging around a remote area in Benezette Township, called Dents Run. Dennis and his son Kem, the owners of the treasure hunting organization Finders Keepers, have claimed for years that 52 gold bars were buried under a fire pit at Dents Run more than 150 years ago during the Battle of Gettysburg.
  • Russian Plane Loses Gold Bars Worth $378 M After Door Breaks

    03/15/2018 10:20:14 AM PDT · by BenLurkin · 24 replies
    A reported 200 bars of gold and other precious metals have scattered across an airport runway in Russia after a cargo plane door broke off upon takeoff. Strong winds blew off the Nimbus Airline An-12 cargo plane door upon takeoff from Yakutsk Airport, airport officials told Interfax on Thursday.  After the incident, the plane crew made an emergency landing in a village airport some 12 kilometers from Yakutsk.
  • Q Anon: (3/5/18) Continued from Friday's thread. FRiendly Freeper Collaboration

    03/05/2018 12:05:20 AM PST · by ransomnote · 1,394 replies
    qanonmap.github.io ^ | March 5, 2018 | FReepers, vanity
    This thread is a friendly collaborative place for FReepers to analyze information and share opinons. FReepers have a wide variety of reasons for investigating Q Anon content; this is not the appropriate place to criticize or badger those who choose to use some of their time in this manner. This thread is a continuation of the prior Q Anon thread located here: http://freerepublic.com/focus/chat/3636549/posts I plan to post one thread at a time and ping new drops posted to it. The current schedule is to post new threads Monday, Wednesday, and Friday. When I post each (new) thread, the prior thread...
  • How China and Hong Kong’s Currencies Were Shaped by Spanish, Mexican Silver Dollars

    02/25/2018 6:36:08 PM PST · by nickcarraway · 7 replies
    South China Morning Post ^ | Wednesday, 07 February, 2018 | Stuart Heaver
    Many modern East Asian currencies have roots in Ming dynasty trade and Chinese traders’ faith in the Mexican silver dollar. Attempts to dislodge it, such as the Hong Kong-minted silver British dollar, were not always successfulAt the antiques market near the old Qingjing mosque in central Quanzhou, a city in China’s south-eastern Fujian province, it is sometimes possible to purchase unusual silver objects that reveal much about the currencies in circulation in East Asia today. On one stall, crammed with opium pipes, blue-and-white ceramics and jade trinkets, is a small, dome-shaped lump of metal in a rusty tin box. It...
  • USA curling’s 'Miracurl on Ice' gold-medal win goes viral

    02/24/2018 2:33:02 PM PST · by ak267 · 41 replies
    Newsday ^ | 2-24-2018 | Neil Best
    When it ended with the United States’ first gold in the sport at about 4:15 a.m. Eastern (6:15 p.m. in Korea), more than 77,000 people were streaming the event through NBC’s Olympics website. How many were watching on television on NBCSN? It ended so late that data will not be available until Sunday for the 3 to 4:15 a.m. ET portion of the telecast. But an average of 1.58 million viewers were watching from 1:30 to 3 a.m., a remarkable figure given the hour, the sport and the channel.
  • Clean Sweep: US men capture Olympic curling gold with win over Sweden

    02/24/2018 8:19:10 AM PST · by xp38 · 32 replies
    Fox News ^ | February 24 2018 | AP
    The American men have won the Olympic gold medal in curling in a decisive upset of Sweden. John Shuster skipped the United States to a 10-7 victory on Saturday for only the second curling medal in U.S. history. Shuster was part of the other one, too, as the lead thrower on Pete Fenson's bronze-medal team at the 2006 Winter Olympics in Turin, Italy. The Americans received a good-luck call from actor Mr. T before the match. The King of Sweden was in attendance, as was U.S. presidential daughter Ivanka Trump.
  • TEAM USA Women's Hockey Wins GOLD!

    02/21/2018 11:13:27 PM PST · by GoldenState_Rose · 34 replies
    YAY! :) This was the only event I've watched in full so far at the Olympics and it was SOOOOOOOOO WORTH IT! Went to overtime and then they won in the shootout.
  • ADVANCE[Charismatic Caucus]

    02/05/2018 10:09:00 AM PST · by Jedediah
    My children do you realize all the battles we have walked through together have already made you Overcomers as David over Goliath ?! Now I desire you to take the hand of others I have placed in your path and reveal to them that I AM The KEY to all trials and I alone hold the Key to their Victories as I overcame for you in your Valleys ! Now be that buoyancy compensator for as I have been the Lifter of your Soul Now I desire you to lift up others and love them as I Love you for...
  • South Africa gold mine: About 950 workers trapped [stranded] underground

    02/01/2018 10:21:57 AM PST · by BenLurkin · 8 replies
    [A] storm caused a power cut and blocked their way out. Without electricity, the lifts could not bring night shift workers to the surface, but they "appear to be fine", a spokesman for their employer said. He said about 65 miners have so far been rescued and all are accounted for. South Africa is a leading gold producer, but the industry has often been accused of a poor safety record. The Beatrix mine is in Welkom town, about 290km (180 miles) south-west of Johannesburg. It is owned by Sibanye-Stillwater mining firm. It has 23 levels, going down to 1,000 metres...
  • Ethiopia could be sitting on one of world's great untapped gold deposits

    01/24/2018 9:10:50 AM PST · by Red Badger · 73 replies
    phys.org ^ | January 24, 2018 | by Liam Bullock, The Conversation
    To the west of Ethiopia near the Sudanese border lies a place called the Asosa zone. This may be the location of the oldest gold mine in the world. Dating back some 6,000 years, it provided a key source of gold to the ancient Egyptian empire, whose great wealth was famous throughout the known world. It may even have supplied the Queen of Sheba with her lavish gifts of gold when she visited King Solomon of Israel almost 3,000 years ago. The excitement in this part of the world is more about the future, however. Some local inhabitants already make...
  • How drug lords make billions smuggling gold to Miami for your jewelry and phones

    01/17/2018 8:29:24 AM PST · by Red Badger · 20 replies
    www.miamiherald.com ^ | January 16, 2018 08:00 AM | By Jay Weaver, Nicholas Nehamas And Kyra Gurney
    When Juan Granda ventured into Peru’s Amazon rainforest to score another illicit load of gold, he boasted that he felt like legendary Colombian drug lord Pablo Escobar. “I’m like Pablo coming ... to get the coke,” he told two co-workers in a text message in 2014. A 36-year-old Florida State University graduate who once sold subprime loans, Granda was no cartel kingpin. But his offhand comparison was apt: Gold has become the secret ingredient in the criminal alchemy of Latin American narco-traffickers who make billions turning cocaine into clean cash by exporting the metal to Miami. The previous year, Granda’s...
  • Rio Tinto accused over Bougainville 'war crimes'

    10/26/2011 4:01:13 AM PDT · by B.Lyle · 3 replies
    A US federal appeals court has revived a lawsuit seeking to hold Rio Tinto responsible for human rights violations and thousands of deaths linked to a Bougainville copper and gold mine it once ran. The appeals court has returned the case to US District Judge Margaret Morrow in Los Angeles for further proceedings. But some dissenting judges protested against allowing a lawsuit to proceed in federal courts brought by non-US residents against non-US companies such as Rio Tinto, which has corporate offices in the UK and Australia. The case is one of several in which non-US residents seek to hold...