Gold & Silver prices soar

Is there an echo in here?

Texas University Endowment Storing About $1 Billion in Gold Bars

The University of Texas Investment Management Co., the second-largest U.S. academic endowment, took delivery of almost $1 billion in gold bullion and is storing the bars in a New York vault, according to the fund’s board.

States Look to Bring Gold Standard Back

Starting in May, Utah residents will be able to shop in a currency other than the dollar -- gold, something that hasn't happened since 1933.

Stopping Inflation, the Federal Reserve Way

Either they ignored me completely, replied with something rude and/or threatening, or admitted that they have not been buying gold and silver.

Perfect Storm For Gold & Silver - Silver Surges 6% In Week To $40.28 – GFMS Forecast $50/oz This Year

In years to come people will be shocked by the ignorance of the western “cash for gold” phenomenon - while people in the Middle East, China, India and Asia continue to buy gold and silver as timeless stores of value rather than as an “investment” to be timed and bought and sold for commercial gain and profit.

COMMODITIES-Gold hits new record, Brent oil above $122

 Spot gold rose to a record $1,458.50 an ounce as
investors bought the precious metal to hedge against inflation
and as a save haven as sovereign debt problems flared again in
Europe after Portugal's credit rating was downgraded.

Gold Settles at Record High Above $1,452

Bullion prices broke out after a struggle to sustain new highs in the last month, and silver soared to a 31-year peak after Federal Reserve Chairman Ben Bernanke suggested he was committed to complete a $600 billion stimulus program as scheduled in June.

China Nudges World Closer To New Gold Standard

Financial calamities are becoming increasingly likely in this overly indebted world of ours and the death of paper currencies is becoming increasingly certain. The best time to prepare is ahead of time.

Gold Replacing Dollar as World’s Reserve Currency?

$105 per barrel oil. Cotton prices at record levels. Food prices at 2008 highs. Typically, such commodity price increases would send central banks running to the U.S. Dollar to secure the value of their savings. After all, the dollar has been the reserve currency since World War I. But not this time.

Legislator says the state needs its own currency

RALEIGH -- Cautioning that the federal dollars in your wallet could soon be little more than green paper backed by broken promises, state Rep. Glen Bradley wants North Carolina to issue its own legal tender backed by silver and gold.

Precious Metals Portend Dollar Panic Ahead

“At some point, there is going to be a panic as the flight from the dollar moves from the relatively orderly retreat we are currently witnessing to a stampede. The charts are telling me that panic is about to begin.”

Prepare thyself accordingly.

China’s Central Bank Recommends Gold For “Value Preservation”

Believe it or not Ripley! The People’s Bank of China(PBOC) recommended yesterday that 1  billion Chinese consider buying gold as a  hedge against inflation and to preserve values in a world where currencies can fall.

Gold, Silver Prices Break Out As Political Unrest Spreads

The FT reported a few days ago, via  cables  released by  Wikileaks,  that  more central banks are plowing into gold, playing catch up with China, Russia  and India.

The World’s Best Gold Experts: “Buy and Hold!”

The U.S. government will buy another $600 billion of its bonds in 2011 concurrent with running the largest deficit in its history. With this in mind, it is no surprise that the gold price rallied.

10 Things To Know Before Jumping Into Gold And Silver

As the U.S. dollar has declined, gold, silver and other precious metals have been going up, up, up over the past decade.  Investors all over the globe have been flocking to the safety and stability that they provide.

Gold’s Record Surge—A Rejection of Capitalism?

It keeps going up because more and more people don’t want to play in a capitalist system where banks are still too big too fail, the Federal Reserve buys Treasuries in the open market and countries openly, and in a coordinated fashion, try to devalue paper assets right before our eyes.