Romney Wins Maine Caucuses

PORTLAND, Maine (AP) - Maine Republican Party Chairman Charlie Webster says Mitt Romney has won the Maine caucuses by a slim margin, giving him a much needed boost following losses in three other contests in the past week.

The former Massachusetts governor defeated Ron Paul, the only other GOP hopeful competing in the state. Rick Santorum and Newt Gingrich did not actively participate in the contest.


Party leaders announced the results Saturday. The caucuses began February 4 and continued through the week. Some Maine communities have yet to hold their caucuses, though party leaders say they don't plan to count those votes.

Romney easily won the Maine caucuses in 2008.

Read more at the Associated Press.


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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