High end London property prices crashed 6.3% in the last month while average prices in the city fell 2.3% – the largest fall in nine months, according to Bloomberg. Prices […]
Bo Polny joined us today for an update on major markets. He’s calling for a major sell-off on the dollar and treasuries. He also sees a major sell-off on […]
"Global debt is $200 trillion, and it’s grown from the last crisis in 2008. Something has to happen to take care of that debt. Either it’s going to be repudiated […]
Peter Schiff digs under the surface of the latest economic data. As usual, Wall Street locked onto the headline number last week, which showed the lowest weekly jobless claims in 42 years. Peter asks the question no one else will — is this really the strongest economy America has seen in four decades?
From what I’m seeing Chinese gold demand in Q1 was 500-600 tonnes, though the WGC wants us to believe it’s only slightly more than half of this (273 tonnes). The […]
Why did nobody notice it?" & then show how private debt was the missing ingredient in the models that conventional economists have, which is why they missed the crisis.
Citizenship is ultimately a contract. And like all contracts, citizenship has both costs and benefits. It also changes over time as the stronger party sets aside or ‘reinterprets’ parts of […]
Between the short interest in SLV, the high probability that a significant portion of SLV silver has been hypothecated in some form, and the enormous naked short interest position in […]
"What I'm absolutely sure on is this is going to be a COMEX BREAKER..." -Andrew Maguire
Gold is the deadly threat to all governments, including the Chinese government. Gold is a free market independent currency and puts all government currency at risk. Is China really working […]
US National Debt: We know the progression of debt – it increases, or it increases rapidly. What will this look like for stocks and gold by 2020?
When the imports and exports figures of March were released, the world was taken aback when the United States announced that their trade deficit has ballooned $51.4 billion, a 43% […]
Leading economists say that the European banking system is still highly vulnerable to financial and economic shocks despite the various policies which have been put in place to protect against […]
Silver has enjoyed a fantastic week, awakening from its bottoming slumber to surge with gold. And this strong silver investment demand is likely only starting. American stock traders and futures […]
The appetite for gold coming from China is depleting not only gold from the LBMA and GLD, but also the COMEX is bleeding gold. Last week 38 tonnes of gold was […]
Like everything else in America, faux patriotism is also for sale.
Pulitzer Prize winning investigative journalist Seymour Hersh has uncovered one of the biggest lies in modern American history. It turns out that much of what the American public was told […]
The US dollar continued to lose ground this week, contributing to a firmer trend for precious metals. Gold rose over $40 to $1223, and silver by $1.13 to $17.45, though […]
The US fiat FRN will still be a part of the SDR basket of currencies, and its “worth” is no better than the “worth” of the Pound, Euro, or Yen. You […]
The war on cash continues to heat up with a proposed law in Denmark that would open the door to what Jim Leaviss called “the first step towards an economic revolution that sees physical currencies and normal bank accounts abolished,” in a recent Telegraph column.Last month, we reported on the reasons central banks would love to do away with cash. In a nutshell, these central planners believe they can more effectively manipulate the economy in a cashless society.The proposed Danish law would take a step in that direction, allowing shops to refuse cash and require some form of electronic payment. Policymakers claim the law would “ease administrative and financial burdens,” but Leaviss gleefully sees it as part of a much bigger picture.