Government regulations are no match for Indians’ love of gold.Try as it might, the Indian government has been unable to stem the tide of costly gold imports, nor stop Indians from hiding billions of dollars in undeclared “black money” by investing in the yellow metal.The latest attempt was a requirement that buyers of high value gold jewelry must provide their tax ID. But instead of denting demand, the move has apparently boosted unofficial trading.
Spoiler Alert: IT FAILS...
Why is gold and why is silver demonized with crushed values, daily manipulation of prices and constant propaganda against its use, categorizing it as a barbarous relic? Because it represents […]
Back in 2014, the Keynesian central bankers declared victory over the financial crisis of 2008. They thought they had rescued the economy, but as you can see in this week's video we are now facing the consequences of their actions.
“It was a balmy day when we arrived at Feltham station where we were warmly greeted by our host for the day, Allan Finn, Global Commodities Director for Malca-Amit. Allan told […]
Bear markets are designed by the laws of nature to inflict damage on as many people as possible. Weeks like last week are designed to keep the middle class […]
What Does The Fed Rate Hike Mean For Real Estate?
If, by the end of February the S&P closes below 1920, it is currently at 1940, the patterns that were unleashed in 2001 and 2008 will be in full view.
Just when did "preppers" become an enemy of the state!?!
A leaked document suggests that China will not use the lowering of the RRR reserves but instead provide direct yuan injections into the market!!
Willem Middelkoop explores a scenario where the US dollar could be debunked as the global reserve currency. Also discusses the possibility of Gold being incorporated back into the monetary system
CNBC's Rick Santelli reflects on central bank policy's impact on the global economy.
Harris - "The Fed models are flawed" and the potential for the deflationary spiral.
This video was posted Monday, February 1, 2016.
Those interested in silver know that for market insight and advice they need look no further than David Morgan. As publisher of The Morgan Report he's a fixture at industry events, & much sought after as a commentator on silver & the resource space as a whole.
the implications of a negative rate environment and investors' rush to cash.
We’ve focused a great deal on gold demand in China, India, and Eastern Bloc countries over the last several months, but people in these nations aren’t the only ones buying gold. Demand for the yellow metal is also robust in the Middle East due to what analysts call "safe haven buying."Despite general sluggishness in the retail sector, gold jewelry sales surged in the United Arab Emirates during January. According to Gulf News, retailers in Dubai sold upwards of 8 tons of gold jewelry last month. This rivals sales rates from January 2015, despite a much more difficult environment for retailers this year. Abdul Salam K.P., a member of the board at Dubai Gold & Jewellery Group, pointed to gold sales as one of the few bright spots for UAE retailers:
THE DEATH CANDLE PATTERN CONTINUES TO REPEAT ITSELF...FROM THE DEATH CANDLES...TO THE HOPE CANDLES...TO THE MERGING OF THE MOVING AVERAGES. NEXT, IF THE MOVING AVERAGES DO FINALLY CROSS IN FEBRUARY, THEN WE […]
Former White House Budget Director David Stockman contends, "We are nearing the end. I think the world economy is plunging into an unprecedented deflation recession period of shrinkage that will bring down all the markets around the world"