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In November 2005, Rick Munarriz of Motley Fool.com posed the question of which represented a better investment: a share of Google or an ounce of gold. The specific comparison between these two very different investments seems to have captured the imagination of many in the investment commuity and is serving to crystalize the broader debate. At the time of writing, a share of Google's stock and an ounce of gold were both near $700. On January 4, 2008 23:58 New York Time, it was reported that an ounce of gold outpaced the share price of Google by 30.77%, with gold closing at $859.19 per ounce and a share of Google closing at $657 on U.S. market exchanges. On January 24th 2008, the gold price broke the $900 mark per ounce for the first time. The price of gold topped $1,000 an ounce for the first time ever on March 13, 2008 amid recession fears in the United States.
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War, invasion, looting, crisis and gold. In times of national crisis, people fear that their assets may be seized and that the currency may become worthless. They see gold as a solid asset which will always buy food or transportation. Thus in times of great uncertainty, particularly when war is feared, the demand for gold rises.
The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. GATA underwrote the federal anti-trust lawsuit of its consultant, Reginald H. Howe -- Howe vs. Bank for International Settlements et al. -- which was pursued in U.S. District Court in Boston from 2000 to 2002. While the Howe suit was dismissed on a jurisdictional technicality, it became the model for Blanchard Coin and Bullion's anti-trust lawsuit against Barrick Gold and J.P. Morgan Chase & Co., which was filed in U.S. District Court in New Orleans in 2002 and prompted Barrick Gold's decision to stop selling gold in advance for 10 years.
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1898 gold coins 5 grams News
To CAC or Not to CAC ?
Thu, 24 Jul 2008 12:31:54 +0000
By Kathleen Duncan for Pinnacle-Rarities
That is the question. The Collector’s Acceptance Corporation was founded by John Albanese, one of the industry’s top experts. His goal is to address the problem of low-end certified coins dragging down the bid levels. While PCGS and NGC do an excellent job, both have been grading coins for over 20 ...]
CCAC to Meet August 1 at ANA World’s Fair of Money®
Tue, 15 Jul 2008 12:07:36 +0000
Design Candidates for 2009 American Eagle Platinum Proof Reverse Slated for Review
Public Invited to Share Opinions in Open Forum
The Citizens Coinage Advisory Committee (CCAC) will hold a public meeting at 9:00 a.m. (EDT) on Friday, August 1, 2008, at the Baltimore Convention Center at One West Pratt Street, Baltimore, MD, 21201, the site of this ...]
Music and laughs are worth trip into LAVentura County Star, CA - 9 hours agoHe began with "Brief History of My Life," a song brightened up by all sorts of oddities such as when his then-girlfriend Jewel met Mark McGwire
Tue, 29 Jan 2008 17:26:49 +0100
Minnesota Public Radio, MN -His song "Yesterday" is listed as the most covered song in history and has been played more than 7000000 times on American television and radio. ...
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3. Name the three generals appearing on modern Federal Reserve notes
1884 silver dollars | 1964 canadian silver dollars | carson silver dollars uncirculated | 1893 s silver dollars
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