Approximately 1% own gold. China says they only have 37 million ounces and the US says they have 286 mill, There is lots of upside for ownership. As the reserve banks are all now net importers they are swapping dollars for gold and excess currency beyond the US needs are being put into circulation. Hello hyperinflation...more

the reality of the situation.; Gold is not in a correction, bubble or otherwise. Gold is the reflection of value for fiat currencies. therefore any "price" movements of gold are actually moves reflecting that being measured's value in relation to  stability. The American people better wake up to the reality that what i...more

Wow, I never thought I would see the day that destroying the dollar was thought of as economic sense by abyone but the government. What are we supposed to do? Stop spending money you don't have on things we dont need. $10 million to Africa to show uncircumcised males how to clean their penis is just "the tip" of the ic...more

My my my, how we wish. The capital markets are very near collapse. The IMF just released a very detailed report regarding G-20 economies. While they commented on many countries, they stated the US debt is 96% of GDP and predict 364% by 2014! If you really want the big picture go to http://www.usdebtclock.org/ here's w...more