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Monthly Archives: March 2012
Germany and Switzerland Demand the Return of their Gold!
This week saw two huge developments in the gold and silver world. Earlier in the week Germany request that its 3,396.3 tons of gold be transferred from being held abroad to local storage. Germany right now is one of the … Continue reading
Fiat Currencies Assaulted by Brazil!
History was truly made last week. In a historic speech given by Guido Mantega, the Brazilian Finance Minister declared a new “currency war” to battle the overactive printing presses around the world. In full Mantega stated, “Brazil has declared a … Continue reading
European Commission Threatens to Fine Spain for Budget Deficit!
Mere months after the inception of more stringent fiscal requirements, the European Commission is threatening to impose strict fines on Spain for a “grave breach of budget limits.” It was only recently that the European Union ruled that it would … Continue reading
What Does the US Debt Look Like?
$100 $10,000 $1,000,000 $100,000,000 Plenty to go around for everyone. Fits nicely on an ISO / Military standard sized pallet $1,000,000,000 $1,000,000,000,000 When the U.S government speaks about a 1.7 trillion deficit – this is the volumes of cash the … Continue reading
Spanish Treasure Ship of 544,000 Ounces of Silver to be Returned to Spain!
In May of 2007, a Spanish Galleon named Nuestra Senora de las Mercedes was discovered by an American group of treasure hunters called the Odyssey. After all the contents were taken from the wreck, the total amount of silver discovered … Continue reading
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