E-Dinar

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Gold&Silver News

		Gold&Silver News The True Nature of Money by Dr. Zeno Dahinden DGC Magazine [29-AUG-08] Modern money (called FIAT Money) is money made out of nothing and comes into being through the creation of government, business and private debt. This becomes possible through a collusion of interest between governments and privately owned banks ... Mystery Solved goldmoney [07-AUG-08] On July 15th the US Dollar Index closed at 71.87, the lowest close since reaching its record low in April. This index was in the process of breaking down, and in fact it had actually fallen out of its uptrend channel on the following chart. Interview with David Morgan moneyshow.com [17-JUN-08] David Morgan of Silver-Investor.com thinks the metals are due for a rest over the summer months, but expects them to move up later in the year. Interview with e-dinar CEO Dr. Dahinden DGC Magazine [02-JUN-08] A nine page interview of Digital Gold Currency Magazine editor Mark Herpel with e-dinar CEO Dr. Dahinden has just been published. Silver Price Manipulation silver-investor.com [22-MAY-08] This week I must address the latest Commodity and Futures Trading Commission (CTFC) findings that, The U.S. commodities regulatory body found no evidence that silver prices had been manipulated downward by short sellers after re-examining long-term and recent allegations of misconduct. Key Note by Dr. Benn Steil New York Hart Asset Investment Conference [13-MAY-08] This presentation was delivered by Dr. Benn Steil at the New York Hard Assets Investment Conference, held 12-13 May 2008 at the New York Marriott Marquis on Times Square. Dr. Steil is Senior Fellow and Director of International Economics at the Council on Foreign Relations in New York. He has written and spoken widely on international finance, securities trading and market regulation. A 4-Month Review goldmoney [08-MAY-08] It makes sense at the end of every month to review the gain or loss in various markets, but now is a particular opportune time for a review given that we are one-third of the way through 2008. It also makes sense to look at recent results given the growing chorus that the US dollar has bottomed and is therefore due to strengthen. TED BUTLER COMMENTARY: Another Sick New Record www.investmentrarities.com [06-MAY-08] The engineered sell-off of gold and silver by the big commercial shorts continued over the past week. However, there were decidedly mixed results in the dealers attempt to force speculative long liquidation in each market, even though gold declined almost $50 and silver $1.20 in the latest reporting week (ended Tuesday)... ABN Amro predicts key precious metals to surge Reuters [16-MAR-07] London - Prices of key precious metals would surge this year and next because of contracting mine supply, a decline in the dollar and lower sales by Europe's central banks, ABN Amro said yesterday. IMF to make central bank gold lending data more transparent Minweb [23-JAN-07] RENO, NV (Mineweb.com) --A Blanchard & Company study calling for greater transparency in central bank gold lending accounting has apparently helped to convince the International Monetary Fund to adopt a landmark accounting change in the way central banks account for gold loans Silver Manufacturing to Get Boost in Dubai IDEX [09-JAN-07] The only silver refinery in the UAE, Emirates Gold, was just awarded the Dubai Good Delivery (DGD) status by the Dubai Multi Commodities Centre (DMCC). Moneyization #28 kitco.com [22-AUG-06] Moneyization: The global financial phenomenon of individuals and businesses moving their funds to monies in which they have the highest confidence, or money in which they have a higher store of faith. The Outlook For The Dollar Worsens kitco.com [14-AUG-06] The Federal Reserve has stopped raising interest rates. Therefore, the logical question to ask ourselves is whether their decision has changed anything. I think it has. FIAT and CREDIT Kitco [01-JUN-06] This article builds on earlier essays by the writer based on a similar theme. However, as the reader will see, this gold boom cycle will be like none before it, and, as is often the case in human affairs, events of the past, whilst similar in outline, may differ significantly from presently unfolding events. To quote Winston Churchill, they are "variants on a familiar theme". Soaring Commodity Prices Point Toward Dollar Devaluation pinr.com [26-MAY-06] The astonishing rally of commodity prices during the past 12 months has taken most analysts, economists and investors by surprise. Rather than a dramatic change in the relationship between supply and demand for the underlying commodity, surging commodity prices have been driven by the devaluation of the preeminent marker of international commodity values -- the U.S. dollar. How does a currency collapse? And the U.S.$? goldforecaster.com [10-MAY-06] When a currency loses the confidence of its people, its fall becomes exponential, as has happened to the Zimbabwe $, where in 1982 one U.S.$ equalled 1 Zimbabwe $. Today around Z$200,000 buys one U.S. $ if you can find someone idiot enough to sell one for the Z$. Gold hits new 25-year peak, sentiment upbeat Reuters [05-MAY-06] Gold glittered on Friday as investor interest buoyed by firm oil and geopolitical worries pushed the metal to a new 25-year high, just $15 away from the next big target of $700 an ounce. UAE shoppers world's top gold buyers TradeArabia [23-APR-06] An average shopper in the UAE bought 30 gm of gold annually compared to the global average of less than one gm, according to a survey. ETFs add 125 tonnes of gold in early 2006 Miniweb [22-APR-06] With precious metals prices continuing to take centre stage, especially after silvers vicious pullback (Thursday saw it trade an 18% range down to $11.60 before staging something of a recovery), the physical markets remain somewhat subdued with grass roots physical buyers still standing aside and waiting for further dips before returning to the market in any size. Gold, Silver Rally on Concern Oil Gains Will Spark Inflation bloomberg.com [17-APR-06] Gold rose to a 25-year high, and silver topped $13 an ounce for the first time since 1983, on concern that the dispute over Iran's nuclear program will disrupt oil exports and spur inflation. $600 gold - overvalued or still a safe bargain! Gulf Daily News [09-APR-06] Market watchers are debating whether gold is overvalued or still a bargain as its price hovers near the $600 level after spiking to a new 25-year high on Friday. Why the gold rally will continue paulvaneeden.com [04-APR-06] Thursday was an interesting day: the US dollar fell sharply against the euro and other European currencies, causing a spike in the gold price. Silver and other metals prices also benefited. There it was: the dollar falling with rising interest rates and a rising gold price. Regular readers of these commentaries know we were waiting for this exact scenario. Under these conditions, I expect the gold price to continue to move upwards; even though it never does so in one, smooth, straight line. They won't believe until gold is much higher freemarketnews.com [31-MAR-06] Across the past several years gold's price has risen from its $252.50 nadir to a recent $572 high. Yet, despite the fact that it has more than doubled in price, few individuals or investors truly recognize that its Bull Market even exists. Gold near 25-year peak; silver strong above $11/oz Reuters [30-MAR-06] Spot silver held above $11 an ounce on Thursday, supported by buying by hedge funds who are trying to take new positions ahead of the second quarter on hopes that an exchange-traded fund (ETF) will launch soon. Gold is not another currency freemarketnews.com [24-MAR-06] With gold prices rising against all of the world4s fiat currencies, some have suggested that gold now trades as if it were an alternative currency, on par with the dollar, euro, and yen. However, this observation reveals a basic lack of understanding of the difference between money and currency. Since the confusion seems to be wide-spread, I thought it would be worthwhile to try and clarify the issue. Indulge Your Inner Gold Bug Forbes [23-MAR-06] Speculating on commodities is a great way to lose money. And gold prices, at a recent $551 per ounce, aren't far from a 20-year high. A contrarian could be forgiven for taking a pass on gold. Silver hits 22-year high on fund news, gold eases Reuters [22-MAR-06] Silver surged to its highest in more than 22 years on Wednesday on strong speculative buying after U.S. regulators took a big step towards finally approving the market's first exchange-traded fund (ETF). Will gold become the common currency? The Dailyreckoning [22-MAR-06] ...The role of gold in the 21st century is not just to act as a barometer of financial anxiety, but to ultimately return to the forefront as the common currency... Merrill sees gold outshining stocks theglobeandmail.com [21-MAR-06] Gold should outperform equities over the next few years, said technical analysts at Merrill Lynch & Co.