Tuesday, February 22, 2011

World oil prices soar amid Libya chaos

Oil prices have risen to their highest level for two years as Libya's Colonel Gaddafi defies a widespread uprising.

James Turk, : A new currency and revaluing gold reserves

Uploaded by GoldMoneyNews on February 21, 2011
Chris Powell, Secretary/Treasurer of http://gata.org, is asked by James Turk, Director of The GoldMoney Foundation and Founder of GoldMoney if we're heading towards a monetary train wreck. Chris expects the central banks to mobilize gold back into the monetary system. This would perhaps mean a new currency arrangement and a revaluation of the gold reserves. View the full 34-minutes interview at: http://www.goldmoney.com/powell-turk

Saudi Oil Minister: We Will Protect Supply

Feb. 22 2011 | “The market knows that Saudi has a good chunky excess capacity and a record of using it when needed,” said Prince Abdulaziz bin Salman Al Saud, Saudi Arabia's deputy oil minister, to CNBC.

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