Precious metals are apparently waking up. And here is where you can find the best deals.
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Jim Grant didn't hesitate when asked. He sees the price of gold is going up.Grant made the rounds Wednesday, appearing first on CNBC, saying he thinks the US is already in a recession, and we can expect even crazier monetary policy in the future. Then he did an interview with The Street and made an emphatic prediction about the price of gold:I think gold is going to be coming into its own in reaction to the wrong-headed notions of our central bankers."
The US Is Already in a Recession; Get Ready for Some Crazy Monetary Policy (Video)February 11, 2016
Jim Grant appeared on CNBC’s Closing Bell and unhesitatingly said he thinks the US economy has already gone into recession:I think we are in one…I think there's a defensible case to be made that a recession began late last year."Grant echoed what Peter Schiff has been saying. In his Gold Videocast last week, Peter also said he thinks the recession started last year:I believe eventually the government will acknowledge that this greater recession began in the fourth quarter of 2015, the very quarter that the Fed chose to raise interest rates."
Gold Explodes To $1,263/oz As Deutsche Bank And Europe Near Contagion "Worse Than Lehman"February 11, 2016
*Update: Gold now up 5% on the day to $1263! Silver closing in on $16. So much for the 2% rule... Gold has surged over 3% today on increased safe […]
The following 70 minute EPIC RANT is the Golden Jackass at his finest:
Whether you want to see it or not, the financial system is in a forced unwinding. It took some 70 years to build this great credit edifice. When it goes […]
There is reportedly a database containing personal and financial data of millions of U.S. citizens who are believed to be “threats to national security”.
The Stage is Set, and the Second Act is about to begin...
Hopefully you do not live in an area that is a nuclear target. Hopefully you have at the ready a good supply of cash, precious metals, food, and supplies in […]
Flying in those friendly skies has never been better for the corporate airlines.
Banks and businesses are now seeing no return at all for investment in cases with negative interest rates. Things are severely distorted.
You are witnessing the CONTROLLED demolition of the US economy...
The LBMA Silver Price - Broken Promises on Wider Participation and Central ClearingFebruary 11, 2016
Can't Get Fooled Again!!
Jim Grant, author of Grant's Interest Rate Observer, explains why the Fed could pursue more radical measures.
The banksters tried to whack gold and silver today but it was in vain as gold has just burst through $1200!
Our strategies are to short the S&P 500 index, go long on Gold & trade currencies based on risk sentiment, says Axel Merk of Merk Investments.
William Engdahl explains why most of the reasons given for oil prices collapsing really are the Wall Street elite setting us up for an explosive turn upward.
All of a sudden, everybody has gone bullish on gold, even Wall Street.Within the last couple of days Jim Cramer, the CNBC Nightly Business Report, and Van Eck Global all sang gold's praises. Cramer said, "There is a bull market in Gold," and CNBC Nightly Business Report opened the show Monday proclaiming, "Hard assets - stocks slump, gold shines."CNBC even devoted a blog post to technical analysis on the gold bull market, saying "the rally in gold has the potential to develop into a breakout from the consolidation base and become a new uptrend."Wall Street has apparently caught on to what Peter Schiff was saying a month ago - 2016 looks like a big year for gold. This video compilation tells the story.