The only people who should be buying bonds today are altruistic billionaire lunatics with a financial death wish. When The Morgue's Jamie Dimon is becoming edgy on the risks associated with T-bonds...it's […]
The Federal Reserve and, by default, the IRS are nothing more than rogue, criminal enterprises operating under the cover the Federal government.
A friend and colleague of mine was chatting with a business acquaintance last week. The acquaintance had been stopped at a train crossing. What he described was a bit of […]
Our bankster friends are at it yet again...
Jon Corzine, the man who quite literally should currently be rotting in jail for running his commodities brokerage MFGlobal like a hedge fund rehypothecating billions in clients assets...wait for it.... […]
Yesterday a British stock trader was arrested on criminal fraud charges for stock market manipulation. The Commodity Futures Trading Commission and the United States Department of Justice accused Navinder Singh Sarao of single-handedly triggering the “flash crash” of May 2010. During this crash, the Dow Jones Industrial Average plunged about 600 points in just minutes, representing a loss of almost $1 trillion in market value.
According to Bloomberg Intelligence, China’s gold bullion reserves may have tripled since its last official report in 2009. Bloomberg estimates that the People’s Bank of China could now own as much as 3,510 metric tons of the metal. If true, China now has the second largest store of gold in the world, following the United States with 8,133 tons.While there has been a lot of speculation in the past few years that the Chinese government has been stockpiling more gold, this is the first mainstream American news source that we have seen seriously look into the possibility. Bloomberg reached its estimate by analyzing China Gold Association data, as well as domestic production and trade figures.Why this sudden attention to China’s gold hoard?
Jason Burack of Wall Street for Main Street invited Fund Manager Dave Kranzler to discuss economic issues and the precious metals market. Kranzler discusses his report which exposes why he believes Amazon.com […]
It is widely believed that there isn’t enough support for a straight reauthorization of the Patriot Act unaccompanied by some sort of any NSA reform, but that didn’t stop GOP establishment […]
June 1, 2015 is a very important day for American civil liberties and the Constitution. On that day, Section 215 of the Patriot Act, one of the most egregious pieces […]
“Gold rises when people lose confidence in government. It has nothing to do with inflation. So, when you start to worry about government is not going to survive or who’s […]
President Obama has provided 80,000 new reasons this year alone to prove that the US peaked during the Reagan Era...
When High Frequency Traders, central banks, and political agendas are in control, the price of paper gold can be suppressed and bonds can be levitated. The real questions are: How […]
Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety. – Benjamin Franklin
As Rick Rule puts it, “There are over 2,000 junior exploration companies around the world and most of them are destined to fail for geological reasons alone. The idea of […]
The rise in the stock market is creating a lot of wealth for Chinese investors, and they are celebrating by buying gold jewellery. The first issue of the Apple gold […]
In simple-average terms, the elite S&P 500 stocks were trading at a staggering 25.9x earnings! And in market-cap-weighted-average terms, their collective P/E wasn’t much lower at 24.0x. These levels are […]
India's gold imports have MORE THAN DOUBLED over the 1st quarter of 2015 vs Q1 2014 to 286 metric tonnes...and India has yet to relax import restrictions as is widely […]