Business Insider Magazine - Los Angeles South Bay » gold

Powerful New Glenn Beck Video Alluding to Pending Collapse of the Dollar

Editor and Publisher — Fri, 20 Nov 2009 22:23:40 +0000

Blog Editor’s Note: Glenn Beck is labeled a “conspiracy theorist.” However, you can rest assured no one presenting views this extreme on a regular basis could do so from a corporate media platform unless powerful interests want the public at large to get used to these kinds of ideas. So perhaps Beck’s corporate masters are “conspiracy theorists,” or at least pretending to be.

Beck is generally right on target with his key facts. However, he generally points the finger at the undefined “left” as the villain. Let’s just say the real villains are far more diversified than that. So put away ... Continue Reading

Gold Taps Record as U.S. Joblessness Hits 10%

Editor and Publisher — Fri, 06 Nov 2009 22:45:00 +0000

Bullion tops $1,100 mark for first time as easy money seems assured

NEW YORK (MarketWatch) — Gold futures finished at a record Friday, after earlier tapping $1,100 an ounce, as news that the U.S. unemployment rate topped 10.2% in October lifted expectations the Federal Reserve will keep interest rates near zero well into next year, pressuring the dollar.

Gold for November delivery rose $6.40, or 0.6%, to end at $1,095.10 an ounce, the highest closing level for a front-month contract.

The more-actively traded December contract gained $6.40, or 0.6%, to $1,095.70. December gold earlier hit a record intraday high of $1,101.90 on the ... Continue Reading