Underneath the surface, trouble is brewing. A new financial crisis has already begun, and it is going to intensify as we head into 2016. And as this new crisis unfolds, […]
Scenic vistas from Mount Stupid
If you have a bank account anywhere in Europe, you had better read this...
but it's not going to be deflation against dollars. It will be deflation against Gold. Meaning, the value of everything will devalue against Gold.
Hindsight is supposed to be 20-20, but for some people it seems like it’s blind.We’re approaching a decade since the housing bubble burst, plunging the US economy into the worst crisis since the great depression. Still, defenders of big government and central planning continue efforts to sell the myth that the meltdown was caused by “deregulation” and insufficient government oversight of greedy Wall Street types. This includes a lot of people who should know better, including New York Times columnist Paul Krugman.In a recent column, Krugman once again dragged out the deregulation myth, claiming “the bubble whose existence they denied really was inflated largely via opaque financial schemes that in many cases amounted to outright fraud — and it is an outrage that basically nobody ended up being punished for those sins aside from innocent bystanders, namely the millions of workers who lost their jobs and the millions of families that lost their homes.”
Peter Schiff has been saying that the December Federal Reserve interest rate hike is likely a one-and-done deal, with rates going back to zero or lower, and another round of quantitative easing in the cards for 2016. Peter insists that the US economy isn’t in good shape, and it can’t even sustain the recent small rate hike, much less the series of increases promised by the Fed.Another bit of news came out this week that seems to further reinforce Peter’s position.
Once again, Shanghai Gold Exchange gold withdrawals during the week ending December 17th were higher than total COMEX gold deliveries for the entirety of 2015!!!
It's that time of year again. When hindsight is 20/20 and coulda/woulda/shoulda gives way to reality. With the US equity market barely able to keep its head above green water, […]
Much damage is done when such dictators begin their reign, and it is very hard to remove them from their positions of power once they are thoroughly ensconced.
Perhaps mom and pop investors should show the following chart to their financial advisors, who directly or indirectly work for these institutions, and ask them:why should they be buying, when […]
U.S. gold bullion shipments to Hong Kong where so large they exceeded its total domestic mine supply in September:
Former Treasury Official Paul Craig Roberts warns that following "the New Pearl Habor", WW 3 is inevitable:
The noose is now being tightened...
Are there 5 Stages to Stacking Silver? Chris Duane Explains...
Deeply buried in the $1.1 trillion spending deal unveiled by congressional leaders Wednesday is an arcane provision for new funds and reforms at the International Monetary Fund. Though the item is getting scant notice, […]
Any significant interest hike causes the prices of all assets to drop. Janet Yellen will want to avoid this catastrophe. She won’t want to be remembered as the Fed Chair […]
The only way to restore economic stability and avoid a major economic crisis is to END THE FED, or at least allow Americans to use alternative currencies.
India continues to move closer to a massive 80% chop in the gold import duty. The news for silver is, arguably, even better than for gold! Indian imports of silver […]
which in turn points to a shocking long-term strategy: a move to link or back the yuan with Gold.
"Just Print It": Why Finland Wants to Pay Citizens 800 Euros a Month