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
Tag: edgar-hoover
Systemic Injustice Against Two Longtime Political Prisoners
They’re two of many targeted Panthers, victims of COINTELPRO viciousness, “dirty tricks,” after J. Edgar Hoover’s orders to infiltrate, disrupt, sabotage, and destroy their activist mission for ethnic justice, racial emancipation, and real economic, social, and political equality across gender and color lines. In an earlier article, this writer explained that COINTELPRO is the acronym for the FBI’s secretive, mostly illegal, counterintelligence program to neutralize political dissidents, including alleged communists; anti-war, human and civil rights activists; the American Indian Movement; Black Panther Party members, and today Muslims for their faith, ethnicity, and activism. WRH permalink
