Precious metals are apparently waking up. And here is where you can find the best deals.
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13 Days In A Row: Eric Sprott Breaks Down the "Salami Slicing" of Silver by the Shorts, and Explains that "This Has Never Happened Before":
I cannot believe it is the same story as always, the commercials cover on the massive raid over the past 7 days..the hedge funds cannot be that stupid!
Gold has suffered a sharp pullback over the past couple weeks, stoking much bearish sentiment. While a variety of factors fed this selloff, the precipitating catalyst was a gold-futures shorting […]
True Economics called it "the scariest chart in the world."That may be a little bit of hyperbole, but a chart showing declining average rates of growth during each economic expansionary period since the 1950s is certainly cause for concern.
Puerto Rico officially plunged into bankruptcy this week. Years of accumulating debt and misguided government policies finally reached their inevitable end.The bankruptcy means more pain for the people of Puerto Rico, as well as bondholders who have virtually no hope of ever getting their money back. But beyond that, it serves as a giant, flashing warning sign, because the truth is, the financial condition of the the US isn't fundamentally different than that of her island territory.
This is the monetary battlefield. Gold and silver are their weapons
We believe long-term fund managers will soon begin to hold a significant proportion of their portfolios in gold bullion.
Jim Rickards joined Bloomberg Daybreak to discuss the geopolitical headwinds facing gold over the next several months.
Selling are soon forced out, leading to selling exhaustion. That leaves only buyers, resulting in big multi-month gold rallies.
So far this year, gold has gained more than 8%. By comparison, the S&P 500 index has climbed less than 7%. That’s not typical. And it’s not a well-publicized fact...
The U.S. Government controls the banking system — as well as the credit system.
As markets, sectors & individual stocks are like rubber bands that are stretched -- they always return to their original state.
It probably stays near or below 3% through this cycle, Bianco said.
The problem, however, is that rising asset prices and surging debt levels, despite rumors to the contrary, do not translate into stronger economic growth.
Perhaps that’s why the former head of the Bank of China calls these WMPs the greatest Ponzi scheme in history.
Silver Fortune Reveals Why Silver Will Soar in the Coming Crash:
While margin debt is NOT a leading indicator of future declines, it is the fuel that magnifies the inevitable reversion as forced liquidation occurs.
The relentless smash of gold and silver prices continued Wednesday. Is the End in Sight or Has the Washout Only Begun?
Each person contributes to society just by being a part of it, we are all stakeholders in it subject to a cut of the wealth it generates.
On average gold increases along with debt. Expect much higher prices for gold as the dollar & all fiat currencies are devalued.