Lebanon finds itself
sitting on a gold mine

AP

The government is considering using some of its gold reserves to bail out the banks and pay back depositors who got wiped out. But doing so would not only go against historical precedent, but also violate a 1980s-era law. Meanwhile, those depositors would like to make up some of their losses by buying gold and silver, hoping that prices will bounce back from the downturn of recent days and hit new highs. FULL STORY