The numbers that you are about to see tell a story. They tell a story of a once mighty economy that is dying. For decades, the rest of the planet […]
- Europe and western world is in a debt-fuelled deflation which is spiralling out of control - Global debt has risen a massive $57 trillion or more than 25% in […]
There are two charts every precious metals investor needs to see. The U.S. Mint is celebrating its 30 year anniversary producing Gold and Silver Eagles and if we look at […]
The Swiss banks and many others have just taken dreadful losses. Perhaps the damage can be concealed for a while longer. Expect more defaults. When the death of the franc […]
A Mexican Greek Standoff Looms as the new Greek government refuses to back down to the Troika & the ECB...
Bloomberg has published a feature-length article about the history of the German gold repatriation movement partly led by Peter Boehringer. The piece is unusual for the mainstream American media in that it actively entertains the possibility that foreign gold stored in the New York Federal Reserve may not be the same gold originally deposited. Even worse, some of the gold could be missing, which might be the reason so many European central banks have begun to show interest in repatriation.We live in an era of unprecedented sovereign debts and extraordinary monetary manipulation by central banks. There’s never been a more important time for both individuals and governments to protect themselves with gold reserves. However, it appears that Germany has always been a bit blasé about its reserves:
Marc Faber has been long on gold since the mid-1990s. He thinks 2015 may be the year that investors wake up to the scam that is central banking. The only way to bet against the central banks is to buy gold. You can take a riskier approach and get into gold mining stocks, but the safest bet is physical gold and silver bullion. Faber explains his philosophy in this interview with Barron's.
Pippa Malmgren, former U.S. Presidential policy advisor, warns that the UK & US are using inflation to default on their debts, & their principal creditors, Russia & China, are making grabs for assets in the face of that uncertainty & risk
If anyone has been watching the trading action of the mining sector, they’ll notice that the “character” of the action has changed since the end of December. The mining stocks […]
Every central bank in the world has openly declared its intent to beat down its currency. This is true, paper currencies have been falling for decades. We believe they will […]
As a sniper I was not usually the victim of a traumatic event, but the perpetrator of violence and death. My actions in combat would have been more acceptable to me if […]
Technically, gold should be under $1,140 per ounce, but instead it is rising with the strong dollar. In this interview with The Gold Report, Pamela and Mary Anne Aden, authors […]
Americans are in big trouble and they don’t even know it. The financial system in which they are totally invested is heading towards an epic collapse. Printing money and increasing […]
Price goes up when the cartel wants it to and down when they want, as well. Metal price is a puppet on strings consisting of shorts and longs from both […]
What we saw in 2008 was just the appetizer ahead of the main course. The level of debt and derivatives stashed way on big bank, hedge fund and financial […]
ECB ‘blackmails’ Greece – “Grexit”, bank runs, capital controls and bail-ins likely Shock announcement yesterday led to volatility in markets; turmoil in Greece Stocks, commodities including oil and Greek investments […]
Quite a day today. First off the ECB has decided that it will not fund Greece anymore and that should kick off a huge bank run tomorrow. Let’s head immediately […]
While the Federal Reserve & Obama administration continue to spew nonsense of an economic recovery, this chart speaks for itself…
It doesn’t’ take a rocket scientists to figure out what a bankrupt government will do—just like any thief, they’ll go after easy targets first...
The gold price is an early warning of future monetary and currency troubles, and it is now becoming apparent how they may transpire: