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: news-forum
FReeper Help Needed – Great Javelin Anti-Tank Missile Video, But What’s That Music?
Hep me ! Hep me ! Love video, but what's that music? Original Article: Forum: News/Activism
Goldman Fraud Case Weighs on Financial Bill (Wall St. lapdog Schumer likes Dodd’s bill)
The securities fraud case against Goldman Sachs found its way into the Senate’s debate over the financial regulatory bill on Friday as senators from both parties tried to use it to their advantage, although the Democrats seemed more vocal. Lawmakers appeared united in their criticism of some of Wall Street’s practices after the Securities and Exchange Commission accused Goldman of creating subprime mortgage securities that were intended to fail. But Democrats and Republicans did not budge in their division over financial regulation. “We can have only one justice system in this country for both the rich and powerful and those… Original Article: Forum: News/Activism
Space Shuttle Discovery Landing Live Thread (04/20/10 7:33am EDT)
Good mission.. 2nd time the charm???? Original Article: Forum: News/Activism
Vacationing a human right, EU chief says
The European Union has declared travelling a human right, and is launching a scheme to subsidize vacations with taxpayers' dollars for those too poor to afford their own trips. Antonio Tajani, the European Union commissioner for enterprise and industry, proposed a strategy that could cost European taxpayers hundreds of millions of euros a year. Original Article: Forum: News/Activism
Vacationing a human right, EU chief says
The European Union has declared travelling a human right, and is launching a scheme to subsidize vacations with taxpayers' dollars for those too poor to afford their own trips. Antonio Tajani, the European Union commissioner for enterprise and industry, proposed a strategy that could cost European taxpayers hundreds of millions of euros a year. Original Article: Forum: News/Activism
Iran: Pastor Released from Jail
The Voice of the Martyrs – – A Global Perspective on the Persecution of God's Children Iran: Pastor Released from Jail On March 28, Rev. Wilson Issavi was temporarily released from Dastgard prison after posting bail, according to Farsi Christian News Network (FCNN). His charges are pending review by the court. Original Article: Forum: News/Activism
Iran: Pastor Released from Jail
The Voice of the Martyrs – – A Global Perspective on the Persecution of God's Children Iran: Pastor Released from Jail On March 28, Rev. Wilson Issavi was temporarily released from Dastgard prison after posting bail, according to Farsi Christian News Network (FCNN). His charges are pending review by the court. Original Article: Forum: News/Activism
White House Quietly Courts Muslims in U.S.
When President Obama took the stage in Cairo last June, promising a new relationship with the Islamic world, Muslims in America wondered only half-jokingly whether the overture included them. After all, Mr. Obama had kept his distance during the campaign, never visiting an American mosque and describing the false claim that he was Muslim as a “smear” on his Web site. Original Article: Forum: News/Activism
Maybe they should start filming “Survivor Detroit”
If the popular reality show “Survivor” was shot in Detroit it might be hard to tell the difference between the Motor City and some of the wild locations the show has visited over the years. Survivor pits two teams against each other and the elements. The “comforts of home” are missing, and contestants have to make their own shelter and find food. Given the differences between civilization and Detroit, there seems to be a good argument for shooting a “Survivor Detroit” in the wilds of Motown. Why not? The streets of the city are filled with the types of dangers… Original Article: Forum: News/Activism
