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17 Aug 2011 20:46

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World: Hugo Chavez wants to nationalize Venezuela’s gold mining

Someone else must’ve read in the New York Times that gold is gaining against the dollar these days. Also, seeing the still-recovering Hugo Chavez bald is incredibly weird. source
Posted by Ernie Smith • 0 Comments • Permalink

08 Aug 2011 10:22

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Biz: As stocks go to hell, gold reaches new record high — and then some

  • $1,718 Glenn Beck was right or something source
  • » This is worth keeping an eye on: With the U.S. dollar facing new scrutiny as a result of the S&P’s credit downgrade, gold prices will reflect more than ever as a bellwether of how investors feel about paper currency. And so far, it’s not looking good. (Note: Price above reflects per-ounce price of gold, which means that if you had a pound of gold sitting around your apartment, you’d have one really expensive paperweight.)
Posted by Ernie Smith • 0 Comments • Permalink

24 Apr 2011 12:02

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Biz: Gold’s explosion in value, and what that means for the U.S. dollar

Is the rapidly-increasing price of gold due to the U.S. dollar losing its value? Or is it because gold-hawkers bought all that extra advertising on Glenn Beck? source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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