Coin News Daily September 25, 2008

History of Monetary Imperialism
By Henry C K Liu – Asia Times
Over the course of the 19th century, enough gold was known to have been accumulated by Britain to make it credible for the British Treasury to introduce paper currency backed by its gold to force the demonetization of silver in Europe to advance British monetary imperialism.
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It’s the End Of the World As We Know It and I Own Gold
Seeking Alpha
There seems to be a good deal of confusion these days about the reasons why individuals should own gold. Who owns gold? While there’s the “momentum crowd” – those who will buy anything that is going up or sell short anything that is going down – these folks are more traders than owners and don’t really factor into the “ownership” discussion.
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Reserve Bank Building Stoned
By RadioVop
The Reserve Bank (RBZ) Building in Bulawayo was on Wednesday stoned and damaged by some residents who were angered by their failure to access cash from banks.
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Seven Coins with Potential
By Mark Benvenuto, Coins Magazine
Gamblers always want to find that safe bet – a sure way to make some money. Some of them convince themselves a particular bet is a good one, even when a bit of reasoned logic would tell them they are throwing money down a toilet. But whatever they consider lucky – including that “lucky 7″ in card and dice games – usually overrides any calm, reasonable judgment.
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U.S. firm rebuts Spanish charges over $500 mn treasure haul
By Emilio J. Lopez – Trading Markets
U.S. treasure-hunting firm Odyssey Marine Exploration denied Spanish government claims that it “secretly” scoured the ocean floor to find a wreck containing a $500 million haul of colonial-era coins. “Odyssey in this case followed all the appropriate archaeological and legal protocols,” Odyssey CEO Greg Stemm told Efe, calling allegations to the contrary false and “inflammatory.”
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Birmingham firm strikes Barack Obama presidential coin
By Tom Scotney,
A company in Birmingham’s Jewellery Quarter is making commemorative coins for American presidential hopeful Barack Obama. And if the Democratic candidate is elected to become the most powerful man in the world on November 4, it could open the floodgates for millions of pounds worth of business for the firm.
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Austria Honors Empress Line
By World Coin News
The Empress Elisabeth West Railway from Vienna to Salzburg is the fourth railway to be commemorated on a silver coin from the Austrian Mint. Its availability was announced Sept. 10. The obverse of the new silver 20 euro coin shows the locomotive 306 steaming across an iron railway bridge.
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Related posts:

  1. Coin News Daily September 24, 2008
  2. Coin News Daily September 1, 2008
  3. Coin News Daily September 17 2008
  4. Coin News Daily September 11, 2008
  5. Coin News Daily September 5 2008
  6. Coin News Daily September 15 2008
  7. Coin News Daily September 3 2008
  8. Coin News Daily September 19 2008
  9. Coin News Daily September 4 2008
  10. Coin News Daily September 29, 2008

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