The price of the precious metal is soaring, hitting a record $1,119 an ounce on Wednesday — confounding market analysts who thought there was no way gold would remain so expensive when it first cracked the unheard-of $1,000 mark last year.

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I believe the story of the dollar is one of the most under reported stories in the news. The next few months will be critical for this country and the dollar.

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LONDON (AFP) – The price of gold struck an all-time high at 1,038.65 dollars an ounce here on Tuesday as the dollar fell on a reported plan by Gulf states to stop using the greenback for oil trading.

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You have to go back to the banking crisis of the Great Depression to find a moment when the financial system as a whol seemed so close to the precipice.

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Alan Greenspan, the former chairman of the US central bank, or Fed, has said that inflation rates in Gulf states, which are reaching near record levels, would fall "significantly" if oil producers dropped their US dollar pegs.

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It can be argued, of course, that the present value of the future production that Squanderville must forever ship to Thriftville only equates to the production Thriftville initially gave up and that therefore both have received a fair deal.

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WASHINGTON, DC—While speaking to a group of White House reporters, President Bush fended off questions about the weak state of the dollar, the expected long-term deficit caused by Social Security and Medicare payments, and a faltering housing market by assuring reporters that t …

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Wal-Mart makes a killing putting people out of work, depressing local economies, and lowering wages but it is globalization --an unholy alliance with GOP "trickle down" policies --that spawned Wal-Mart and sounded a death knell for the futures of American workers.

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