I think that gold and quality stocks have a strong chance of both hitting new highs in due course.
The largest primary silver mine in the world experienced a huge decline in its production due to falling ore grades.
The western Central Banks will have a problem if the price of gold begins to take-off, as they will lose control of their ability to control the price using derivatives.
Being able to print your own money and buy stocks at any price sure can be fun. Just as the SNB which unlike many other (if ever fewer) central banks admits to doing just that.
Presidential candidate Marine Le Pen’s chief economic adviser Bernard Monot met with Bank of France Governor Francois Villeroy de Galhau in September and set out her party’s plans to take control of the central bank and use it to finance government spending.
Dalio concludes his piece predicting that “savers will seek to escape financial assets and shift to gold and similar non-monetary preserves of wealth, especially as social and political tensions intensify.”
Embracing cryptocurrency, Japan has a new law that will make bitcoins usable as legal tender. Companies hoping to deal in the new currency, however, must submit to a long list of regulations to ensure that the ‘coins’ are not being used for criminal activity.
French presidential hopeful Marine Le Pen, who has been calling the country to leave the eurozone & give up the euro, has described the single currency as “a knife which the EU puts into the backs of the people.”
Over the years, I’ve written a number of articles regarding why I prefer physical gold and physical silver over bitcoin (BTC). I believe in monetary competition, however, and believe that different forms of money should be allowed to compete, because the best form will eventually and quite rapidly always rise to the top.
Lacy and his partner, Van Hoisington, produce a quarterly letter that is a must-read for me, as it reliably informs my thinking in a world drowning in conventional economics – economics that seem to continually miss the mark.
Silver Investors Haven't Had Much To Be Excited About Since 2011. If Renowned Silver Expert David Morgan Is Correct, That Might Be About To Change:
Move Over Eric Sprott! A NEW Billionaire Is Buying Gold...
In an unexpected scramble, the Bundesbank has completed all of its scheduled gold withdrawals from the NY Fed, having repatriated a total of 300 tonnes, some 3 years ahead of […]
The EU leadership is really trying to make Great Britain pay dearly for voting to exit the Community. Like the socialists in American, it's our way or no way.
In the earliest days of the Republic Rome’s taxes were quite modest, and were not direct, but were a property tax or a wealth tax on all forms of property, including land, houses, slaves, animals, money and personal effects.
The best thing about this fake-money system — at least from the insiders’ point of view — is that the masses don’t know what is going on.
Some things don’t change. Many work hard, play by the rules and hope to provide for their retirement. Others live from day to day not worrying about tomorrow.
(Follow 'Insiders' & Bank Execs) We know the big bank executives have been dumping $100 millions as their stock prices have soared
Jim Rickards shows you exactly why U.S-China relations are careening toward crisis. What’s the likely outcome? Read on...
So, a near record initial jobless claims report, but lower HOURS worked.