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Our fund raising round was not successful.  As a result, IDB will be going off line and into cold storage.  If our competitors should stumble, I may re-active the site in the future but for now, we're turning out the lights.

I had planned to go off-line on April 4th.  Due to some important and unplanned changes in our maintenance schedule, I am now bumping that up to next Tuesday morning, March 27th, 2018.  PM 'admin' if you need to reach me. 

You should use the next 5 days to find a new home for your community.

Running IDB has been fun over the years and I hope you enjoyed your time here as well.  Sincerely,  Paul

P.S. News on IDB Funding -- this is now on it's own page to clean up the site a bit.

Gold and Silver Up in First Half of 2017

Gold and Silver Up in First Half of 2017

schiffgold.com / BY SCHIFFGOLD / JULY 3, 2017

With plenty of geopolitical turmoil around the world, and strong demand from the east, gold and silver both posted healthy gains through the first half of 2017.

While most of the mainstream headlines focus the short-term drop in the price of gold in June, looking at the bigger picture reveals a much more positive trend for precious metals. The price of gold rose 7.9% through the first half of the year. Meanwhile, the price of silver logged a healthy 4% advance.

Safe-haven buying helped drive the surge. Investors are buying gold and silver in a world of uncertainty, and an abundance of caution helped push the price of gold higher. Political uncertainty and geopolitical tensions around the world have people on edge and seeking the safe-haven gold traditionally offers. The war in Syria continues to rage, the relationship between Russia and US remains tense, Qatar is locked in a standoff with its neighbors, numerous terror attacks have rocked Europe over the last several month, and how Brexit will proceed remains up in the air.

One could look at the current political tensions and troubling events on the horizon and think, ‘well, this will soon pass.’ But as we’ve pointed out in recent months, uncertainty seems to be the new norm. Next week, there will be a whole new set of political issues, surprise events, and rising tensions to make us uneasy.