Virginia takes the ultimate step

Virginia has created a committee to study monetary alternatives in case of a terminal Fed breakdown-and gold is one of the alternatives.

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Steve and Murdoch are on the same page

Steve Jobs and Rupert Murdoch are reportedly planning to launch News Corp's new iPad newspaper (to be christened 'The Daily') at an event next week in San Francisco.

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The Chinese are tanking up... Even more

China's foreign-exchange reserves climbed 18.7% to a record $2.85 trillion at the end of 2010.

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