Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
Archive for May, 2010
Superior Gold Group – How to Buy Gold Bullion | Stock Market News
Buying gold bullion is considered to be the perfect investment since the demand for gold outstrips supply, and looks to continue way into the.
Israel: The Pariah of the International Community
The most striking feature about Israel’s most recent act of terrorism, an act of piracy and murder on the high seas, is that it surprises nobody. A robber steals. Israel commits war crimes. What is even more remarkable is its attempts at self-justification, claiming that its soldiers were attacked. Well of course they were attacked. They were illegally boarding a ship carrying peace activists trying to feed the starving people of Gaza in international waters. This was an act of piracy, this was an act of terrorism. Someone invades your space. You fight back. WRH permalink
his video image released by the Turkish Aid group IHH Monday May 31, 2010 purports to show Israeli soldiers aiming a gun on the deck of a Turkish ship
This video image released by the Turkish Aid group IHH Monday May 31, 2010 purports to show Israeli soldiers aiming a gun on the deck of a Turkish ship, part of an aid convoy heading to the Gaza Strip, after Israeli soldiers boarded the vessel in international waters off the Gaza coast. Israeli commandos on Monday stormed six ships carrying hundreds of pro-Palestinian activists on an aid mission to the blockaded Gaza Strip, killing at least 10 people and wounding dozens after encountering unexpected resistance as the forces boarded the vessels. WRH permalink
One Australian shot in Israeli boat raid
One Australian has been wounded during a deadly commando raid on ships taking humanitarian aid to the blockaded Gaza Strip. WRH permalink
The Legal Position on the Israeli Attack
But as I told this afternoon’s tremendous spontaneous demonstration on Whitehall, fine words are not enough and we must now see the kind of sanctions regime we saw against apartheid South Africa. WRH permalink
‘Israel has lost all legitimacy’
The Turkish foreign minister has told the UN Security Council that Israel should be held accountable for its deadly attack on the flotilla carrying humanitarian assistance for Gaza. Ahmet Davutoglu said that Israel has “lost all legitimacy” because of the onslaught that left at least 20 peace activists dead and many others wounded. Most of those killed in the assault were from Turkey. WRH permalink
