Bullion Vaults Run Out of Space on Gold Rally - Bloomberg

Bullion Vaults Run Out of Space on Gold Rally - Bloomberg: Deep in the 7.4-acre Singapore FreePort next to Changi International Airport’s runways is the bullion vault of Swiss Precious Metals, behind seven-metric-ton steel doors built to survive a plane crash or earthquake.

U.S. Mint Suspends all Numismatic (Eagles) Gold Coins as of August 22 2011! Proves no physical gold to be had? No Silver Eagles Available either. | Philosophers stone

U.S. Mint Suspends all Numismatic (Eagles) Gold Coins as of August 22 2011! Proves no physical gold to be had? No Silver Eagles Available either. | Philosophers stone

Chavez to nationalize Venezuelan gold industry | Reuters

Chavez to nationalize Venezuelan gold industry | Reuters: Venezuelan President Hugo Chavez said on Wednesday he will nationalize the gold industry, including extraction and processing, and use its output to boost the country's international reserves.

Kitco moves into creditor protection

Kitco moves into creditor protection: "Faced with tax claims of more than $300 million from Revenu Quebec, embattled Montreal-based gold trader Kitco Metals Inc. now is officially in creditor protection, until July 27."

The Canadian Dollar is No Haven from a US Dollar Collapse

The Canadian Dollar is No Haven from a US Dollar Collapse: "There are numerous reasons why the Canadian dollar will not survive a US dollar collapse:

The Canadian economy is very tied to the US economy
The Canadian Government is intent on devaluing the Canadian dollar alongside the US
The Bank of Canada has virtually no gold backing the Canadian dollar
All that does back the Canadian dollar is the US dollar and other fiat currencies
The Canadian dollar is not used globally"

Gold-Buying Central Banks May Signal Bullion Extending Record Price Rally - Bloomberg

Gold-Buying Central Banks May Signal Bullion Extending Record Price Rally - Bloomberg: "Central banks that were net sellers of gold a decade ago are buying the precious metal to reduce their reliance on the dollar as a reserve currency, signaling demand that may extend a record rally in prices."

Texas University Takes Cue From Kyle Bass to Hold $1 Billion in Gold Bars - Bloomberg

Texas University Takes Cue From Kyle Bass to Hold $1 Billion in Gold Bars - Bloomberg: "“Central banks are printing more money than they ever have, so what’s the value of money in terms of purchases of goods and services,” Bass said yesterday in a telephone interview. “I look at gold as just another currency that they can’t print any more of.”"