China, gold, and the civilization shift – Telegraph Blogs

China, gold, and the civilization shift – Telegraph Blogs: "...the rising economic powers of Asia, the Middle East, and the commodity bloc are rejecting Western fiat currencies. China, India, and Russia have all been buying gold on a large scale over recent months."

Welcome to Stage Two of Gold's Bull Market

Welcome to Stage Two of Gold's Bull Market: "November 23, 2009 – Bull markets are marked by three distinct stages, and when gold climbed above $1,000, it only entered its second stage. In other words, gold has much further to climb in the months and years ahead."

Gold hits record above $1,150/oz as dollar falls | Reuters

Gold hits record above $1,150/oz as dollar falls | Reuters: "LONDON (Reuters) - Gold rose to record highs above $1,150 an ounce on Wednesday as the dollar index languished, boosting interest in the metal as an alternative asset, after largely benign U.S. inflation data."

Mineweb - GOLD NEWS - SA gold miners on final deathwatch as scientist finds gold reserves more than 90% less than claimed

Mineweb - GOLD NEWS - SA gold miners on final deathwatch as scientist finds gold reserves more than 90% less than claimed: "The apparent bottom line in a paper published in the South African Journal of Science is that South Africa's gold industry is on final deathwatch, despite claims of massive existing below-ground reserves. Chris Hartnady, research and technical director of Cape Town earth sciences consultancy Umvoto Africa, has found that South Africa's Witwatersrand goldfields are around 95% exhausted, and anticipates that production rates should fall permanently below 100 tonnes a year within the coming decade."

Raw Story � Spitzer: Federal Reserve is ‘a Ponzi scheme, an inside job’

Spitzer: Federal Reserve is ‘a Ponzi scheme, an inside job’: "The Federal Reserve — the quasi-autonomous body that controls the US’s money supply — is a “Ponzi scheme” that created “bubble after bubble” in the US economy and needs to be held accountable for its actions, says Eliot Spitzer, the former governor and attorney-general of New York."

Barrick shuts hedge book as world gold supply runs out - Telegraph

Barrick shuts hedge book as world gold supply runs out - Telegraph: "Aaron Regent, president of the Canadian gold giant, said that global output has been falling by roughly 1m ounces a year since the start of the decade. Total mine supply has dropped by 10pc as ore quality erodes, implying that the roaring bull market of the last eight years may have further to run."

Barrick shuts hedge book as world gold supply runs out - Telegraph

Barrick shuts hedge book as world gold supply runs out - Telegraph: "Global gold production is in terminal decline despite record prices and Herculean efforts by mining companies to discover fresh sources of ore in remote spots, according to the world's top producer Barrick Gold."

Key oil figures were distorted by US pressure, says whistleblower | Environment | The Guardian

Key oil figures were distorted by US pressure, says whistleblower | Environment | The Guardian: "The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying."

Aletho News: Quotes from the great depression

Quotes from the great depression: "Quotes from the great depression"

Gold Climbs to Record as India’s Central Bank Buys IMF Bullion - Bloomberg.com

Gold Climbs to Record as India’s Central Bank Buys IMF Bullion - Bloomberg.com: "Nov. 3 (Bloomberg) -- Gold jumped to a record after India’s central bank bought 200 metric tons of the metal from the International Monetary Fund, heightening speculation that there may be more official purchases."

Be Prepared for the Worst - Forbes.com

Be Prepared for the Worst - Forbes.com: "The large-scale government intervention in the economy is going to end badly."