The US dollar has staged a massive rally against most currencies in early 2015, but it has fallen sharply against gold in the same time frame. Why is that? The […]
The open interest for the upcoming February contract month remains extremely high at 130,026 with 3 days to go. I cannot recall ever seeing such a high OI with 3 […]
You may not work in retail yourself, but never doubt that the mass closure of these businesses will directly affect you...
Russia’s response to a possible cut-off from the SWIFT international banking payment system will be “unrestricted,” Prime Minister Dmitry Medvedev vowed. The West is pushing for hitting Moscow with more […]
Greg Hunter of USAWatchdog spoke with Michael Pento, author of The Coming Bond Market Collapse. Pento agrees with Peter Schiff on the fundamental problems with the global economy. Central banks and irresponsible politicians have loaded governments with unsustainable levels of sovereign debt. The endgame is an inevitable financial crisis of epic proportions. Pento’s analysis is brutally honest and harshly critical of the financial media. What is his advice for the average investor? “Run for gold.”We actually believe that small group of… plutocrats can decide better than the free market where commodity prices should be, where currencies should be, where equity prices should be, where bond yields should be. [Central bankers] haven’t just tinkered in that regard. They’ve dominated, usurped, vanquished the entire market. The free market is gone… We put it all in the hands of these few people, and they have screwed things up royally.”
Russia has added more gold to its foreign reserves, making December the ninth month in a row that it has bought the yellow metal. Russia’s gold holdings are now the largest they’ve been in two decades, according to the International Monetary Fund.Smaller countries have also been stocking up on the yellow metal. Kazakhstan added to its reserves for the 27th straight month. Malaysia, Belarus, Greece, Kyrgyz Republic, and Serbia also bought gold.
Cell phones are tracking devices that make phone calls. – Jacob Appelbaum
Gundlach - Gold Goes Much Higher from Here
Anyone who has been paying attention to the global economy the past years can agree with me our central bankers have conducted miserable monetary policy and have taken the insufficient measures to […]
At 397.9 million barrels, U.S. crude oil inventories are at the highest level for this time of year in at least the last 80 years. What it appears has been […]
You are ready for what comes—at least more than 98% of your neighbors. You see, we are the other 1%-not filthy rich, but ready for a new economy.
WASHINGTON (AP) — The government’s health insurance website is quietly sending consumers’ personal data to private companies that specialize in advertising and analyzing Internet data for performance and marketing, The Associated Press […]
Do you think its a wonderful thing to have your Constitutional rights violated in the name of "safety"?
In an attempt to prevent a bloodbath rout in equities, the NYSE has invoked Rule 48 due to the likelihood of "high market volatility". As a ZH commentator aptly put it: […]
You may have heard the news, the European Central Bank have started up the printing press. They are soon to print upwards of €60 Billion a month. The crowds of […]
Russia and surprisingly the Netherlands were the largest central bank buyers in December – accumulating a significant 30.34 tonnes between them as currency wars intensify. The Netherlands, which has the […]
Central banks around the world have teamed up to fleece the public for centuries. Last week, the Swiss National Bank broke rank by not only lying to the public - but by lying to their Central Banking cohorts.
The gold shares rebounded sharply today as the bankers covered their massive shorts in the gold/silver equity shares. That is a sure sign that gold and silver will have a […]
That moment of failure is coming closer and closer. Recent actions by central banks have exposed their increasingly desperate mindset and have even called into question the one thing […]
China does not have enough gold to have a seat at the table right now. Think of it as a game of Texas Hold’em. What do want in a […]