http://www.fourwinds10.net 2013-05-21T20:10:00+01:00 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1368888120 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1368807212 May 14, 2013 In what may be the strangest story I have seen in a while related to the gold market, it appears $982 million worth of gold has left JFK international airport in New York to some undisclosed location in South Africa.  While it remains unclear what purpose this gold serves, it seems the most likely explanation is to fulfill demand for Krugerrands (South Africa’s popular gold bullion coin) to meet elevated demand in the face of constricted mine production.  This story is timely coming on the heels of the article I posted yesterday about how Dubai’s gold demand is running at 10x normal levels. [3]  This is a bizarre story, so if anyone has further color I’d love to hear it. From Quartz:     Examining US trade data, we were surprised to see that South Africa’s $402 million trade surplus with the United States in January had turned into a $689 million deficit by March. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1368550075 May 14, 2013 http://www.testosteronepit.com/home/2013/5/12/russias-plan-for-the-brics-to-dismantle-the-dollar-system.html Russia’s Plan For The BRICS to Dismantle the Dollar System In Russia, politics are Byzantine; the fact that the Kremlin decided not to hide the document or leak it to a chosen few journalists, but publish it outright is a very strong signal, a very vocal angry signal directed at the US. A signal that the Western media chose to ignore. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1368546231 May 14, 2013 Is there a connection between Human Freedom and A Gold Redeemable Money? At first glance it would seem that money belongs to the world of economics and human freedom to the political sphere. But when you recall that one of the first moves by Lenin, Mussolini and Hitler was to outlaw individual ownership of gold, you begin to sense that there may be some connection between money, redeemable in gold, and the rare prize known as human liberty. Also, when you find that Lenin declared and demonstrated that a sure way to overturn the existing social order and bring about communism was by printing press paper money, then again you are impressed with the possibility of a relationship between a gold-backed money and human freedom. In that case then certainly you and I as Americans should know the connection. We must find it even if money is a difficult and tricky subject. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1368235041 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1368067702 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1367859028 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1367853904 April 29, 2013 Federal Reserve Refuses to Submit to an Audit of Germany’s Gold Held in U.S. Vaults Thu, Apr 18th, 2013 Dr. Long Xinming (4M),- The German government has been storing about half of its gold supply with the US FED, apparently in the NYC FED vaults. Germany decided to bring home all its gold, but the FED has said that isn’t possible to do, and it would need until 2020 to be able to accomplish the transfer. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1367687967 May 3, 2013 PHOENIX (Reuters) - Arizona Governor Jan Brewer vetoed a measure on Thursday that would have made gold and silver legal tender in the state, saying the legislation could have resulted in lost tax revenue. The Republican-controlled state legislature voted through the measure last month in a response to what backers said was a lack of confidence in the international monetary system. The bill called for Arizona to make gold and silver coins and bullion legal tender beginning in mid-2014, joining existing U.S. currency issued by the federal government. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1367506744 May 1, 2013 http://www.reuters.com/article/2013/05/01/usa-arizona-gold-idUSL2N0DI00Z20130501 You cannot have Gold and Silver being used alongside useless fiat paper, because eventually, the useless and valueless paper, gets dropped for the real deal.  Goyim like convenience, they don't like having to think to much at the check out -- so counting, and figuring is out of the question, to confusing, and exhausting for the most part -- which is what plastic has done to their brains; turned them into mush. You want fast, convenient, and easy, then you get the biggest con game in history that goes along with it. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1366997858 April 26, 2013 China’s been busy. This would be a good time to buy yuan as a hedge against the US fiat dollar. 7.000 yuan = $1372 https://www.sterlingcurrencygroup. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1366772421 April 23, 2013 We have been reporting extensively on the terminal disconnect between the paper gold market, which tumbled ten days ago for a variety of reasons, and the physical gold market which one can safely say, has seen a record surge in demand by those who wish to take advantage of the tumbling prices, depleting inventories of gold and silver in virtually all jurisdictions, and leading to the a record purchase of gold in the US mint a week ago as also reported here. Today, we learn that, as expected, none other than the US Mint has officially run out of small denomination gold coins, in this case One-Tenth ounce American Eagle gold bullion coins. We are confident this incontrovertible proof of soaring retail demand for physical will somehow result in JPM or another bullion bank dumping a few extra thousands ounces of paper/electronic gold or silver to further disconnect the paper price from what is actually going on with physical demand. As for the US Mint, first it's fractions of an ounce: look forward to the mint running out of all bullion denominations in the coming days and week, first in gold, then in silver as well. From Reuters:     The U. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1366300637 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1366246141 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1366218426 April 17, 2013 NOTE: Gold weights are based on metric tons and Troy ounces. 500 metric tons of gold would be 16,075,000 troy ounces. This changes the arithmetic slightly but not the point I was the first to point out that the Federal Reserve was rigging all markets, not merely bond prices and interest rates, and that the Fed is rigging the bullion market in order to protect the US dollar’s exchange value, which is threatened by the Fed’s quantitative easing. With the Fed adding to the supply of dollars faster than the demand for dollars is increasing, the price or exchange value of the dollar is set up to fall. A fall in the dollar’s exchange rate would push up import prices and, thereby, domestic inflation, and the Fed would lose control over interest rates. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1366128830 Alpril 15, 2013 Gold plunged the most in 33 years amid record-high trading as an unexpected slowdown in China’s economic expansion sparked a commodity selloff from investors concerned that more cash will be needed to cover positions. China’s economy in the first quarter grew less than forecast by economists, government data showed today. The minimum amount of cash for borrowing from brokers to trade gold futures on the Comex may increase after prices plummeted 13 percent, or more than $200 an ounce, in two sessions. Silver, platinum and palladium slumped, and a gauge of 24 commodities fell to the lowest since July. On April 12, gold slumped into a bear market on concern that Cyprus may sell bullion holdings to cover a bailout, and the Federal Reserve signaled that that U. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1366128545 April 13, 2013 There were many casualties following Friday's 4% gold rout, but none were hurt more than one-time hedge fund idol John Paulson, who according to estimates, lost more than $300 million of his own money in one day. Per Bloomberg: "Paulson has roughly $9.5 billion invested across his hedge funds, of which about 85 percent is invested in gold share classes. Gold dropped 4.1 percent today, shaving about $328 million from his net worth on this bet alone. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1366127921 April 12, 2013   There’s been a recent huge draw down of physical gold at the New York COMEX and at the JP Morgan Chase depository. Look at the physical market draw down on the charts below. It has taken a drastic plunge.   HOUSTON -- we have a problem.   Physical inventory drawdown at JPM   Charts by Nick Laird of www. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1366081060 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1366042350 April 14, 2013 5 million ounces of annual silver supply and 500,000 ounces of annual gold supply have just been vaporized landslided. Rio Tinto’s Kennecott mine in Utah- the US’ 2nd largest silver mine and world’s largest copper mine has just suffered a massive landslide which will likely shut down production at the mine for years as upwards of 1 billion tons of dirt and ore have collapsed into the basin.    16% of US annual silver production just vanished.  Good thing there aren’t any physical supply issues in silver currently or anything… According to Rio Tinto’s VP of Marketing Vania Grandi, Kennecott produces up to 5 million ounces of silver, and 1/2 million ounces of gold annually: “We produce about 3 (million) to 5 million ounces of silver a year and 300,000 to 500,000 ounces of gold,” said Vania Grandi, vice president of marketing for the Precious Metals Copper Group at Rio Tinto — parent company of Kennecott Utah Copper Corp. The total US mine output for silver in 2012 was 1,050 tons for 2012 or 30. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365993399 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365992554 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365870967 April 11, 2013 President Obama wants to make sure that people don’t save “more than is needed,” and his budget proposal includes steps that would limit the amount of money individuals can have in their retirement accounts. from Bloomberg: President Barack Obama’s budget proposal would cap multimillion-dollar tax-favored retirement accounts like the one held by Mitt Romney, his Republican rival in 2012. Obama’s budget plan, to be unveiled April 10, would prohibit taxpayers from accumulating more than $3 million in an individual retirement account. That proposal would generate $9 billion in revenue for the Treasury over the next decade, according to a White House statement released today. “Under current rules, some wealthy individuals are able to accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving,” the statement said. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365867129 Published on Apr 10, 2013 Important Links http://www.wideawakenews.com/ http://www.austinrarecoins.com/ VIEW VIDEO http://www. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365786125 April 11, 2013 11:04 pm TheUnhivedMind 1 Comment 11 April 2013 Last updated at 09:59 http://www.bbc.co.uk/news/business-22106187 Cyprus may sell some gold reserves to help fund bailout Cyprus may sell off some of its gold reserves to help finance part of its bailout, according to reports. An assessment by the European Commission says Cyprus must sell about 400m euros (£341m) worth of gold. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365780256 April 9, 2013 Epic drainage of physical silver inventories continued Monday, as Brinks’, CNT, and Scotia all reported massive withdrawals of silver from their COMEX depositories. The biggest withdrawal came in the CNT vault, where 1.138 million ounces (including 737k REGISTERED oz) were withdrawn- an astonishing 17.3% of CNT’s entire physical silver inventory vaporized overnight! (SCROLL DOWN) * * * * * * * and……it’s gone!   2013 Silver Eagles As Low As $3.25 Over Spot at SDBullion! http://silverdoctors. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365699951 April 10, 2013 (NaturalNews) In what has to be the most accurate currency crash prediction ever made, bitcoin crashed today from $266 to a low of $105 in a rapid "free fall" market crash pattern, erasing $1 billion in currency valuation in a matter of hours. I openly and publicly predicted all this would occur yesterday, in both a Natural News article as well as national radio via the Alex Jones Show broadcast aired on over 120 am stations. But the real story here isn't that I accurately made this dire prediction less than 24 hours before it took place; the real story is that this crash was almost certainly caused by a covert central bank "stress test" of the pliability of the bitcoin market. That's all explained below. (This is a Natural News exclusive. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365613594 April 6, 2013 I was able to reconnect for an interview with legendary Quantum Fund manager and commodities bull, Jim Rogers. This was an especially groundbreaking interview, as Jim shared thoughts on what governments around the world will be taking next, and what he’s doing right now to protect his personal bank accounts following the Cyprus collapse. Speaking towards the frightening implications of the Cyprus banking collapse, Jim said that, “It’s been condoned [now] by the IMF, the European union, and everybody else in sight; that a government in need, can take assets. We all knew they could tax us…but this is the first time that I’m aware of, that they’ve gone in and taken bank accounts. They took gold from people in the U. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365609529 April 8, 2013 Distrust of the Federal Reserve and concern that U.S. dollars may become worthless are fueling a push in more than a dozen states to recognize gold and silver coins as legal tender. Arizona is poised to follow Utah, which authorized bullion for currency in 2011. Similar bills are advancing in Kansas, South Carolina and other states. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365439760 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365261294 FW:  April 6, 2013 I’m one of those early ones. I read the original paper, thought about it for a few hours and decided that this is going to become bigger than Jesus. Bought a lot of mining equipment (took a lot of risk with my money, at this point there was not any kind of marked price/exchange or anything) and mined like there was no tomorrow. I have not sold many coins, had to sell a few to prove to my wife that I was not completely insane, she was not satisfied until she saw USD appear in her account. I have no plans to sell anytime soon, I’m fairly certain this is only the beginning. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1365179285 April 3, 2013 I recently released a video about the Internet-based currency, Bitcoin. I asked the question: is Bitcoin money?  In brief, I said no it’s an irredeemable currency.  This generated some controversy in the Bitcoin community.  I took it for granted that everyone would agree that money had to be a tangible good, but it turns out that requirement is not obvious.  This prompted me to write further about these concepts. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364992962 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364992670 Aprl 3, 2013     I must admit that I've been watching JP Morgan pull the same manipulation stunts over and over again for years. And it's not just in the silver markets. On November 18, 2005 when natural gas prices were skyrocketing to near $15 due to the ravaging of hurricanes Katrina and Rita the Federal Reserve announced that they had approved JP Morgan to trade in natural gas. That announcement can still be found on the Federal Reserve website here: http://www.federalreserve. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364992209 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364867280 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364400112 text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364398862 March 25, 2013 Yesterday the Wall Street Journal published an article entitled “Web Money Gets Laundering Rule,” an article framed in typical central bank newspeak warning of money laundering and growing “concerns” that new forms of cash bought on the Internet might be used to fund illicit activities. [1] This concern for possible laundering and illicit activities is banker newspeak indicating that banksters are really concerned about the possibility people might be able to escape the global web of banking activity spying and find a way out of debt slavery caused by central bank controlled currencies. Furthermore the bankers worry bitcoin [2], the virtual currency in question, might actually provide a way to independently and objectively value banker currencies in terms of purchasing power - not just relative values between managed banker currencies, which have no tight correlation with purchasing power. And, a derivative of providing an objective measure of cartel-controlled currency purchasing power is that wealth can be transferred into bitcoin, where its purchasing power can remain reasonably stable. In fact, if bitcoin survives, the purchasing power of bitcoins will rise over time. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364321133 March 26, 2013 A member of the Federal Reserve Board of Governors left his notebook at a local gentlemen’s club. We present this incomplete memo, found in said notebook, without comment as it speaks for itself. Memo: internal use only Fedcoin: A centrally-issued alternative to peer-to-peer currencies The biggest problem with the so called “virtual currencies” is that we, the Federal Reserve and our associates, are cut out of the money creation process. Unless we can all get good at Bitcoin mining soon, we’re ruined. Since its’s hard to get Ben to even switch from his AOL account, our friends in Creative Finance have suggested a possible solution: Fedcoin. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364318577 March 22, 2013 This is one of the most interesting stories I have read regarding the precious metals market in quite some time.  It appears that Texas Rep. Giovanni Capriglione has a bill in play that would move the state’s gold from New York (where its under the “safekeeping” of the ultra shady Federal Reserve) to a depository within the state of Texas itself.  The reason this would be such a big deal if it happens, is because a lot of the gold bought and sold globally is very likely not actually owned by those that “buy” it.  From my perspective, pretty much the only countries that actually buy gold and bring it within their borders are China, Russia and Iran. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364312211 March 26, 2013 This table does not reflect U.S. Mint production costs, but the pure base metal value that composes the coin. Calculations are based on coin weight, metal composition, and base metal prices. The "Metal % of Face Value" column represents the percentage of metal that comprises the denomination's purchasing power. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364062654 March 20, 2013 Earthquakes have the Midas touch, a new study claims. Water in faults vaporizes during an earthquake, depositing gold, according to a model published in the March 17 issue of the journal Nature Geoscience. The model provides a quantitative mechanism for the link between gold and quartz seen in many of the world’s gold deposits, said Dion Weatherley, a geophysicist at the University of Queensland in Australia and lead author of the study. When an earthquake strikes, it moves along a rupture in the ground — a fracture called a fault. Big faults can have many small fractures along their length, connected by jogs that appear as rectangular voids. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1364062338 March 22, 2013 Efforts to revive the JPMorgan Chase & Company (NYSE:JPM) silver manipulation case have failed — and much faster than lead counsel Christopher Lovell expected. The case was dismissed in December after Judge Robert Patterson deemed the complaint against JPMorgan too weak. The plaintiffs submitted a proposed amended complaint last month in an effort to keep the matter alive. Lovell expected the court’s decision to take six months. “None of the allegations added by plaintiffs in the proposed amended complaint cure the pleading deficiencies that led to the dismissal of the plaintiffs’ first complaint for failure to state a claim,” Patterson wrote in his decision, according to Bloomberg. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1363878851 Marhc 20, 2013 VIDEO HERE http://dailybail.com/home/cnbc-theres-a-rumor-theres-no-gold-at-fort-knox.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheDailyBail+%28The+Daily+Bail%29 In 1933, U.S. President Franklin D. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1363869683 March 21, 2013 Deposit and paper are the money of of the all-middle-class citizenry of a republic. Gold is the money of kings; Silver is the money of gentlemen; Barter is the money of peasants; But debt is the money of slaves.”    - Norman Franz  In order to circulate abroad in any quantity, a currency must become widely available there. How is that possible without a large entrenched deficit on foreign trade? Is not therefore the common use of a currency in world trade a sign in itself that the issuing country’s best days are over? It was reported today, that the Chinese government has objections against the permanent use of the US dollar for world trade and would like to see it gradually replaced by China’s own currency. But isn’t this idea based on a misconception? Their currency may now be perceived as strong, but wouldn’t it be necessary to destroy that strength before its widespread use in world trade becomes possible?   - Rubin Bartlett   http://crisisboom. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1362421256 FW:  March 4, 2014 May, 2010 "A conspiracy against life' 12th May 2010 . . . in their folly the men of the city are willing to wreck our great city, being won over by wealth. False are the hearts of the people's leaders. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1362078635 Feb. 26, 2013 A Steve Quayle reader has reported that the 2 dozen gold Krugerrands he kept stored in his safety deposit box in a Cincinnati 5/3rd Bank have been confiscated, and that the 5/3 Bank Manager informed him that a CIA agent was the culprit who cleaned out his stash of phyzz- but that all fiat dollars were left untouched in the box. While this in an anecdotal account, this emphasizes a point we have long made here at SD: if you don’t hold it, you don’t own it! Full account of Fed gold confiscation is below:   Freedom Girl Now Available From the Silver Bullet Silver Shield Collection at SDBullion.com!! From Steve Quayle: I woke up and thought .  I think i will go to the bank today and see the gold coins my grandpa gave me about 15 yrs ago as its been about 2 yrs now since I have been to the Bank Box. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1362078454 2/11/13   Instead of reducing crime, the new law will instead put a damper on the sale of gold, silver and other precious metals Last week the Houston City Council passed an ordinance requiring people who sell precious metals to be fingerprinted and photographed. According to KTRK-TV, the ordinance is “meant to help track down criminals who try to resell stolen valuables. Gold-buying businesses will now be required to photograph and fingerprint sellers as well as photograph the items that are being sold to the dealer.” In other words, citizens who sell gold will be considered criminals until they demonstrate otherwise. “It’s going to allow us the tools necessary to combat a lot of the high-end jewelry thefts that’s going on in the city, whether it’s robberies or burglaries,” Houston Police Officer Rick Barajas told the news station last Wednesday. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1361804809 Feb. 24, 2013 At a recent  meeting of the American Economic Association a vote was held about whether or not the United States should back its currency with gold. Not surprisingly, 100% of mainstream economists educated by our most prestigious universities were against such a measure. From the top down, there is a cult-like belief that our paper monetary system is absolute and infallible. Yet, as we have seen throughout history, and especially in the last decade, currencies backed by nothing are always debased, eventually being worth even less than the paper they’re printed on. text/html 1970-01-01T00:00:00+01:00 http://www.fourwinds10.net http://www.fourwinds10.net/siterun_data/business/currency/news.php?q=1361799740