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Tuesday, November 22, 2011
European debt crisis boosting gold demand.
Monday, November 21, 2011
Tuesday, November 15, 2011
Gold Rush Hits US House Parties
Uploaded by VOAvideo on 15 Nov 2011 - As world financial markets rise and fall, interest in gold holds fast. As interest in buying gold has spread, so has the popularity of gold parties, where participants sell their golden treasures and walk away with cash.
Sunday, November 6, 2011
Gold found in South Africa mine's waste
Uploaded by AlJazeeraEnglish on Nov 4, 2011 - In a single gold mine in South Africa, an expected $2.2 billion worth of gold can still be extracted from just one dump site's waste material.Using water cannons and chemical treatements, a single mine can hope to extract about 3 grams in every tonne.
It may not sound like much but if there is 140 million tonnes of waste lying around - the numbers start adding up.
High prices means all the effort that goes into sourcing the precious metal may well be worth it.
Tuesday, October 4, 2011
Germany 4.0 Making its Mark.
Uploaded by RussiaToday on 3 Oct 2011 - the return of the deutschemark is imminent.
Friday, September 30, 2011
Gold rush ravages Malaysian forest!
Uploaded by AlJazeeraEnglish on 29 Sep 2011 - Malaysian forestry officials have warned that illegal mining is polluting rivers, causing soil erosion and damaging trees in the country's pristine forests.
Mining for gold has been taking place in Malaysia's southern state of Johor since the 1960s, but as gold prices have soared in recent months the hunt for the precious metal has intensified.
Tuesday, September 27, 2011
Gold starting to lose glitter following slump.
Uploaded by AlJazeeraEnglish on Sep 26, 2011 - After hitting a high of $1,900 an ounce in early September, the price of gold has fallen to just above $1,500.European policymakers are struggling to resolve the region's debt crisis, and such fears would normally drive the price of gold higher.But with the commodity already at such lofty heights, many investors now feel the only really safe bet is cash itself, and hence the selling.
Wednesday, September 21, 2011
Gaddafi gold-for-oil,
dollar-doom plans behind Libya 'mission'?
Uploaded by RussiaToday on May 5, 2011 - More speculation has been raised on the reasons for NATO's intervention in Libya. As RT's Laura Emmett reports, the organisation may have been trying to prevent Gaddafi from burying the American buck.
Tuesday, September 20, 2011
Gold Chart - Last 10 years
the USA dollar since sept 2001 is now worth only 14.3 cents , when compared to the price of gold over the last ten years , clearly the entire world no longer trusts nor wants the USA dollar.
Saturday, September 3, 2011
Gold ATM sure to make a mint
Uploaded by ReutersVideo on 24 Sep 2010 :: As gold nears $1,300 an ounce, now $1,800+ (3rd Sept 2011) "Gold to go" unveils its first gold dispensing ATM in Europe at Madrid´s Westin Palace Hotel .
Friday, August 26, 2011
Goldvein, Virginia : Gold Prices Luring Many to Start Prospecting
Uploaded by VOAvideo on Aug 25, 2011 - As gold prices continue to rise around the world, there is renewed interest in panning for gold in certain parts of the United States. In the late 1800's the state of Virginia had a thriving gold-mining industry. Today there is still gold to be found in the streams of central Virginia. The lure of easy money is drawing many to buy prospecting equipment and head into nearby streams. But as Jeff Swicord reports from Goldvein, Virginia, striking it rich is not that easy.
Friday, August 19, 2011
Gold rises as Asian markets slide
Uploaded by AlJazeeraEnglish on Aug 19, 2011 - For investors in this economic climate, it seems that all that glitters is gold. The cost of the precious metal hit an all-time high on Friday after its seventh consecutive weekly gain. The metal has already risen by 14 per cent in August.It is being called a modern day gold rush, and is fueled by the dismal performance of the stock markets across Asia pacific.
Thursday, August 18, 2011
Casino Capitalism Centers failures makes gold stronger.
Published on Aug 18, 2011 by Euronews - The world financial markets have again been taking a beating due to renewed worries about recession and Europe's debt crisis.
European bourses suffered their biggest daily fall in two and a half years - with the top 300 shares down five percent at the close.
The sell off was on both sides of the Atlantic - with the Dow Jones Industrial Average down around four percent for most of the session - made worse by a decline in factory activity in the US Mid-Atlantic region and an increase in the number of Americans claiming new jobless benefits last week.
Gold Hits New Record After Chavez Announces Plan To Pull Reserves From US, European Banks
Thursday, August 18, 2011

Despite a report from the World Gold Council showing that demand for the precious metal has subsided, gold soared to a new record high today on the back of another stock market plunge and an announcement from Venezuelan President Hugo Chavez that the country’s gold mining industry would be nationalized.
Gold touched a new record high of around $1827 dollars an ounce as the Dow Jones plunged by 500 points in early trading.
Gold soared to new heights even in the face of aWorld Gold Council report that said demand was down 37% year on year.
However, the report noted that there was “increasing acceptance of higher price levels” globally, which explained a modest 3% fall in recycling gold on the supply side.
Although today’s new high for gold is obviously being driven by a flight to safety as the stock market crumbles, Hugo Chavez’s announcement last night that he was to nationalize the country’s gold mining industry undoubtedly has had an impact on today’s trading.
Prison Planet - read full posting
Thursday, August 11, 2011
2011 Gold Rush Is On
VOAvideo on Aug 11, 2011With the price of gold hovering around $1,800 an ounce, gold buyers haven't been this busy in many years. In New York, the buyers and traders of gold have a standing room only business. VOA's Bernard Shusman in New York City reports.
Market jitters cause Thai gold rush.
Uploaded by AlJazeeraEnglish on Aug 10, 2011 - Thailand is taking part in the global gold rush. Concerns over the global recession and debt crisis in Europe and the US prompted many Thais to buy gold as a safe haven amid market jitters across the region. There is so much demand for it that the Thai Gold Traders Association says some shops have run out.
Al Jazeera's Veronica Pedrosa reports from the capital Bangkok.
Saturday, July 23, 2011
'Greek default hype part of Euro vs Dollar global currency war'.
RussiaToday on Jul 22, 2011 - A major U.S. credit agency says it will downgrade the Greek debt to 'default status' as a result of the second bailout for the country. The plan agreed by EU leaders, includes both government and private loans totaling around 150 billion euros. For a broader discussion on the state of the European economy we're joined live from Germany by William Engdahl, author of 'Gods of Money'.
Saturday, July 16, 2011
USD & World Trade - The Theft Under Our Nose.
The US have stole the world resources by giving valueless paper in return. They stole at least USD 14 trillon worth of world resources and still the world is missing the plot. USD14 trillion is USA's total debt as at May 2011 and its growing at USD1 trillion p.a This means every year USA steals USD1 trillion worth of our resources under our nose by printing paper currency and the world is still blind to the theft.
If only the Muslim world wakes up. If only the Muslim world finds an alternative other than USD in trades between itself. It will begin to at least stop some of the thieving. If only the Muslim world becomes a common market. In trades with non Muslim countries it can first try barter trade. When that limit has been reached exchange of each others currencies. And when forced then can use yuan or euro cautiously lest they become another USD. Muslim intellect must sit and discuss solutions to this problem.
But this will never happen when we have Muslim nations in blind support of the US. Much of these nations' investments are in the US including real property. It is difficult to dethrone the USD in the light of such fundamental compromises of principles.
Sunday, July 3, 2011
BRICS credit: Local currencies to replace dollar.
SANYA: Brazil, Russia, India, China and South Africa - the BRICS group of fastest growing economies - Thursday signed an agreement to use their own currencies instead of the predominant US dollar in issuing credit or grants to each other.
The agreement, the first-of-its-kind, was signed at the 3rd BRICS summit here attended by Indian Prime Minister Manmohan Singh, China's Hu Jintao, Brazil's Dilma Rousseff, Russia's Dmitry Medvedev and South Africa's Jacob Zuma.
"Our designated banks have signed a framework agreement on financial cooperation which envisages grant of credit in local currencies and cooperation in capital markets and other financial services," Manmohan Singh told reporters at a news conference with other BRICS leaders.
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