the end of the international gold standard, every major crisis has led to fears of major currency devaluation, which duly send the demand for gold soaring. Consequently, whatever the prevailing monetary system, the industrial capitalists who produce the money commodity have no trouble selling their commodity during a crisis.

5 Since the extremely rapid increase in the monetary base engineered by the U.S. Federal Reserve System and other central banks since the panic hit with full force in the fall of 2008 is so much greater than any possible increase in the supply of gold, there is a strong tendency for the dollar price of gold to rise sharply. This renewed depreciation of the dollar and the other paper currencies tied to it threaten to unleash a new waveOne of two teenagers accused of planning a terrorist attack was only 12 when he went to a Sydney protest holding a sign saying 'Behead all those who insult the prophet', a jury has been told.

At 14, he refused to stand when the Australian national anthem was played at his school, saying: 'I will only stand for Allah', prosecutor Ian Bourke SC said on Tuesday.

He was opening the Crown case at the NSW Supreme Court trial of the two teenagers - who can't be named - who have pleaded not guilty to doing an act or acts between October 6 and October 12 in 2016 in Sydney in preparation for a terrorist act.

The schoolfriends were both aged 16 when arrested at a Bankstown Muslim prayer hall on October