With the benefit of hindsight, the two-day devaluation of the yuan in mid-August might have been a masterstroke of strategy.
Frequent followers of the German public campaign “Repatriate our Gold“ already know how intensively we have been struggling since 2011 (and longer) with Deutsche Bundesbank to finally – after more […]
Marshall Swing makes a rare interview discussing his recent predictions of an Economic Apocalypse Now...
The disconnect in the silver market continues...
What's the old phrase? We may not agree on what pornography is- but we all know it when we see it? The same is true in gold and silver. We […]
Changes in way the Fed reports the total amount of debt in the economy revealed $2.7 T of debt that was previously unreported. Makes us wonder how much more debt is being concealed
China, along with other central banks, are selling US government bonds at the fastest rate on record, according to the Wall Street Journal. WSJ calls it “a dramatic shift” in the bond market:Foreign official net sales of U.S. Treasury debt maturing in at least a year hit $123 billion in the 12 months ended in July, said Torsten Slok, chief international economist at Deutsche Bank Securities, citing Treasury Department data. It was the biggest decline since data started to be collected in 1978. A year earlier, foreign central banks purchased $27 billion of U.S. notes and bonds.”It’s not just China dumping US Treasury bonds:
Walk into the small restaurant near the shore of Lake Michigan in Manitowoc, Wisconsin, and the smell of burgers and deep-fried cheese curds will assault your senses. According to the Blaze, locals will tell you Late’s has the best burger in town. It’s a throwback kind of restaurant, complete with a long, winding dining counter and spinning stools.Late’s also features some throwback pricing for customers willing to pay with silver coins minted before 1965.High on the south wall, up near the ceiling, hangs a sign featuring the special prices. In big bold letters it reads, “Late’s prices, if you pay in US silver coins dated 1964 or earlier."
Published on Oct 10, 2015 “I am all in.” If you buy assets at the bottom of the market, you create value. If you buy it at the top of the market, you destroy value. Keith’s entire net worth is invested in the precious metals sector in his two companies – First Mining Finance and First Majestic Silver Corp.
Interested in the REAL reason that Belgium sold exactly 1,098 metric tonnes of gold?
Forget Norway. Japan. Iceland. Switzerland. Or any of the other places around the world that are notorious for being painful on the wallet. Venezuela is now the most expensive country […]
When the lights go out, everything will instantly change...
A great deal of trouble is bubbling just under the surface. As you will see below, something happened in mid-September that required an unprecedented 405 billion dollar surge of Treasury collateral […]
Is hyperinflation already here? Monetary Metals' Keith Weiner weighs in:
Ted Butler discusses the recent events in silver...
Bull market in serfdom. If this is what a recovery looks like, I don’t want to see a recession.
Did you know the RAF has been given the green light to shoot down Russian jets? There haven't been many Western-based media reports on this change in RAF "rules of […]
The warnings are getting louder...