To survive a feared currency crash, some people are going for gold. "People are frightened, pensions are at risk because of this devaluation and printing that's going on and the debt thing is a monster," said John Budden, a veteran market analyst based in Ottawa. "Have some gold - physical gold. By that I mean bullion or coins, tucked away. Maybe bury it in the garden." Budden says Canada is generally a safe place to stash money for an emergency, but the value for precious metals as currency is still lost on many. "Canadians, North Americans, just don't have a clue - they have never had to get their families across a border in the middle of the night using gold as a bribe, when no one will take any paper currency," said Budden. Demand for gold and silver has jumped since the 2008 recession. Many fear the fiat currency...
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Central banks top up gold reserves
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Civil disobedience gathers steam in Athens
An anti-tax rebellion is brewing in Greece, where the embattled government continues to bring in new spending cuts and tax rises. Now, even elected local officials are joining the fray in a seemingly random but increasingly prevalent wave of civil disobedience. Working on the theory of strength in numbers, authorities in the sizeable Nea Ionia district of Athens are urging residents not to pay a hated new property tax which is charged through electricity bills. The local council has now posted instructions on its website on how to pay an electricity...
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Portugal wants U.S. help in euro crisis - source
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The French Riviera in November conjures up images of ageing playboys eking out the last rays of autumn sunshine on the Croisette over a pastis. So it may be fitting that Nicolas Sarkozy has chosen Cannes as the venue for this week's G20 summit, where the fading power of Europe's old world economies will be thrown into sharp relief by the nouveau riche arrivistes from China, India and Brazil. Sarkozy's humiliating call to Beijing last week, asking if the Chinese would care to invest in the European financial stability facility, the huge euro bailout fund,..
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China warns it cannot 'cure' eurozone's debt crisis
The warning came as European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy urged G20 leaders to use the meeting of major economies to address Europe's debt crisis, saying measures proposed last week were not enough by themselves. French President Nicolas Sarkozy has said Beijing had a "major role to play" in proposals to expand the European Financial Stability Facility (EFSF) to €1 trillion (£877bn), possibly through a special purpose investment vehicle that would attract...
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Aircraft carrier sized asteroid 2005 YU55 could pass between Earth & the moon
A giant asteroid headed towards Earth has been deemed safe by experts. NASA scientists will begin tracking the aircraft carrier-sized asteroid next week. It’s slated to pass by our planet on November 8th. The asteroid named ‘2005 YU55’ measures about 1,300 feet across and will pass within 201,000 miles of Earth. In Perspective, the moon is about 239,000 miles...
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Anonymous Threatens Mexico’s Murderous Drug Lords
A ruthless campaign of killing, extortion and kidnapping by Mexico’s powerful Zetas drug cartel has created plenty of enemies, from the Mexican government to paramilitary vigilantes to rival cartels. But now the Zetas have a new adversary: the hacker collective Anonymous. In a video uploaded Oct. 6, an Anonymous spokesperson said that unless the Zetas release one of the group’s members,..
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L'EPIPHANIE, Que. -- A huge sinkhole opened up next to a road for the second time in three years, swallowing two front-loaders and a dump truck in L'Epiphanie, just east of Montreal. The ground gave way Thursday evening just a few metres from a residential neighbourhood, but there were no reports of injuries. The company that owns the dump truck tells QMI Agency that their...
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Shorter University is requiring its more than 200 employees to sign a “Personal Lifestyle Statement” rejecting homosexuality. Don Dowless, president of the Christian university in Rome, said anyone not signing the statement, which also requires staffers to reject premarital sex and adultery, faces termination. “I think that anybody who adheres to a lifestyle that is outside of what the biblical mandate is and of what the board has passed,..
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Lesbian Couple Crowned Homecoming King and Queen
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Dollar hits new record low vs yen
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More signs Israel preparing to launch attack
Leaves canceled, helicopter traffic surging
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Now That Greece Is “Fixed,” Portugal Is Next
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The Euro “Deal” — More Questions Than Answers
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