Gold rush erupts over financial crisis By Nick GardnerJanuary 10, 2009 12:01amRecord rush on goldInvestors convinced gold’s a safe havenOnly time will tell THE global financial crisis has sparked a new gold rush. Worried investors seeking a safe home for their money are ploughing billions of dollars into the precious metal in a bid to [...]

THERE’S a worldwide run on gold coins. Even as the price of the precious metal itself comes under pressure along with commodities like oil and copper, people around the world are demanding so many of the valuable coins that government mints are having difficulty filling orders. A spokesperson for the US Mint tells me that [...]

According to Eric_deCarbonnel who writes a column called “marketskeptics”, the US dollar will collapse in 30 days. He and many others believe COMEX gold is a form of debt. Right now, because of low margin requirements, sellers of gold futures only have enough gold to cover 10% of outstanding contracts stored in COMEX warehouses. If [...]