Iranian President Mahmoud Ahmadinejad opened the first leg of a Latin American tour in Venezuela, today. The visit with President Hugo Chávez came in middle of rising tensions between Iran and the United States. The tensions intensified even further, today, after Iran announced it had sentenced a former U.S. Marine to death.
All the instability in the global economy this year has been good for the United States Mint. People in search of a safe place to put their money have been buying gold and silver coins in record numbers.
"Precious metal coins were up $800 million dollars last year and that's approximately thirty some percent," says Richard Peterson, deputy director of the Mint.
According the the Mint's annual report, they sold 45.2 million ounces of gold and silver coins in 2011.
Originally published on Mon January 9, 2012 4:00 pm
As Mount Washington calmly reigns over much of New Hampshire's geography, Mount Romney smiles down on the last day before the state holds the nation's first presidential primary.
The front-running former governor of neighboring Massachusetts spent the day getting chummy with crowds in Nashua and Hudson and Bedford, reciting his favorite lines from "America the Beautiful" and engaging in other behaviors just as risky. He came out in favor of free enterprise and job creation and got really cross with the Chinese for currency manipulation and intellectual property theft.
Iranian President Mahmoud Ahmadinejad waves as he is welcomed by Venezuelan Vice President Elias Jaua (at right, wearing glasses and tie) at the airport in Caracas on Sunday. Ahmadinejad is on a five-day tour aimed at shoring up ties in Latin America.
Isolated by the West because of Iran's nuclear program, Iranian President Mahmoud Ahmadinejad is turning to close allies in the Americas for diplomatic support.
He kicked off his four-nation tour of Latin America on Monday in Venezuela, whose president, Hugo Chavez, accuses the U.S. of trying to dominate the world. Ahmadinejad's next stops are Nicaragua, Cuba and Ecuador — all sharply critical of Washington's foreign policy.