April 4

What happens to the US economy if the oil industry shift to using the Euro?

stoptheBS asked: In the 1970’s some genius decided that us dollars would no longer be backed by gold. With pressure Oil was sold on the international market by US dollars, this has become to be known as petro-dollars. The euro has flourished as a currency, overtaking the US dollar in a growing number [...]

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April 2

So what area is making money in the current climate?

Justin B asked: Even with markets down worldwide I know there must be someone making money or in the process of making a profit off of the current downturn. I’m not sure gold is the way to go, as a lot of people are selling gold in order to free up cash. Where [...]

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April 2

current price 1 gram of gold?

tom e asked: what is current market value of one gram of gold

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April 1

Foreign Exchange Markets?

hazard_cutie18 asked: Consider the following: You have been asked by a local college to write a lecture that explains the gold standard and addresses the functions of the world’s major foreign exchange markets. I am to write a 1050-1400 word summary detailing the functions of the world’s major foreign currency exchange markets. I am to [...]

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March 31

Question for free market supporters, capitalists, and free economic thinkers?

infinitesky49 asked: Socialists are busy yelling how that if their were more regulations of the free market, the financial crisis would not have occurred.
However, if the US constitution has been applied, and Gold and silver been used as currency, the banks would not have been able to cheat with their money lending.
Are there any [...]

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March 30

Does anyone know good stocks to invest in and how are mutual funds good to invest in?

strawberry asked: I wanna know what stocks are starting from low and are starting to climb up before it reaches its peak. Like gold minning, technologies, biotech, energy, computers, websites,natural resources, good chinese and indonesia stocks too. If chinese and vietnamese currency is good to invest in and mutual funds to. I [...]

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March 27

Processing and selling gold?

Shola Carter asked: i have pure gold dust straight from the mine which i want to sell but from information gathered, it would be best to melt the dust into bars. Does anyone think it is a good idea? and how much would i sell the bar for? going market price? Remember that the gold [...]

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