Precious metals are apparently waking up. And here is where you can find the best deals.
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Total UST “selling” has picked up in the past few months...That means global central banks/governments continue to “sell” US$ assets
My biggest fear about the U.S. & global economies concerns the likelihood that rebounding, trade-centered current account imbalances around the world will lead to an international financial & economic crisis just as they did in the previous decade. The big difference next time, of course, would be that major central banks…
an infographic from the same on the scale of the Italian banking woes:
Clive Maund believes The Precious Metals (PM) sector correction may be completing RIGHT NOW:
Italy's PM Unloads On Deutsche Bank's Unfixable Problem: "Hundreds And Hundreds Of Billions Of Derivatives"Sep 20, 2016 - 06:00:45 PDT
Italy's prime minister Matteo Renzi, "went there" & slammed Deutsche Bank as the true "derivative problem" facing Europe.
images collectively say something is seriously wrong, not only with Deutsche Bank, but the European banking system in general.
Deutsche Bank AG’s riskiest bonds dropped to the lowest since a marketwide rout in February as a potential $14 billion bill to settle a U.S. probe into mortgage-backed securities reignited capital concerns.
The evil Federal Reserve is still busily monetizing government debt (cash and credit created out of thin air to buy new government-issued debt) by more than (yes, I said “more than”) a terrifying trillion dollars (yes, I said “trillion dollars”) a year, every year, year after year
“It’s going to be really bad for everybody except for the precious metals investor.” Mike reviews an alarming chart that shows the massive currency creation currently under way in Europe and Japan. It's astonishing how much currency is being printed today.
ANOTHER BILLIONAIRE WARNS OF CATASTROPHIC DEPTHS NOT SEEN IN 5,000 YEARS – AND EMPHASIZES GOLDSeptember 19, 2016
Billionaire's are warning CNBC that A massive crunch is looming...
"I will be backing up the truck if this happens” Mike reviews the Commitment of Traders report and the latest pullbacks in gold and silver prices. Also, he looks at the massive currency creation currently under way in Europe and Japan and what it means for precious metals investors.
This appears to be restoring gold as a central element of monetary management after four decades of attempted demonetization, according to reserve statistics compiled by the Official Monetary and Financial Institutions Forum
Having analysed the data over the weekend, I wouldn’t count on it. That could spark (yet) another gold rush in the weeks ahead. Here’s why…
Frank Holmes CEO & CIO U.S. Global Investors Today the consumer price index (CPI), a measure of inflation, came in hotter than expected, registering 2.3 percent year-over-year in August on expectations of 2.0 percent. With the five-year […]
The common narrative is that the Fed “didn’t do enough” during the Great Depression. This is used to justify the Fed’s use of non-stop extraordinary monetary policy post-2008. But it’s a total lie.
Facing inconvenient facts, the theorists behind much of our economic policy are facing a growing challenge from some very credible economists focused on facts.
A warning indicator for banking stress rose to a record in China in the first quarter, underscoring risks to the nation and the world from a rapid build-up of Chinese corporate debt.
Not all eyes are on the Fed. The Bank of Japan could steal the show by altering its quantitative easing program and potentially upsetting the bond market.
Sep 19, 2016 - 15:38:56 PDT
Ken Rogoff is by all accounts a brilliant man. The Harvard professor and former IMF chief economist is a chess grandmaster....
We are only 12 days away from the effective date of the new SDR. Coincidently this is also the date when the United Nations takes over control of the internet.