And you thought the dollar's loss of reserve status was occurring quickly...
Here we go again. The second Bush administration successfully used propaganda and spiked intelligence to fabricate vastly exaggerated claims that Saddam Hussein possessed an active weapons of mass destruction program […]
The U.S. Mint just updated its Silver Eagle sales on its website… and it was a real doosey. Looks like the U.S. Mint sold nearly one million Silver Eagles over […]
Our own Eric Dubin joined Wall Street for Main Street this week, discussing his thoughts on the Swiss de-pegging from the Euro, the big move in progress for gold, silver, […]
Today, once gold surpassed the 1300 dollar level, one could guess that the bankers were going to defend their turf and they most assuredly did with a raid this morning. […]
Marc Faber appeared on CNBC’s Futures Now yesterday to encourage investors to get into gold. His reasons are the same as Peter Schiff’s – 2015 could be the year that the markets lose confidence in central banks’ ability to artificially prop up the economy. In fact, he strongly believes that gold could rise 30% this year.At 1:58, the interview gets uncomfortable when Faber calls out the financial advisors and CNBC specifically. The anchor goes quiet and quickly ends the interview when Faber remarks bluntly that the financial sector would love it – Main Street be damned – if Yellen printed way more money:It is clear to me that the financial sector – including CNBC – loves central banks, because by printing money, they lift stocks… I also get higher fees from rising stocks… Yellen should print twenty times more money… Then stocks will go up and it will impoverish the population.”
Peter Schiff uses his latest podcast to dig into the fundamentals of gold production in Canada and the United States. He also explains why mainstream analysts are completely clueless when it comes to understanding how the Chinese yuan is affected by its peg to the dollar. He wraps up by looking at the terrible condition of US student loan debt, and the government policies that empower college students to make terrible career decisions.
The intentional erosion of public privacy is no accident. It’s not merely a simplistically stupid overreaction to the dangerous world we live in either. It is a very deliberate and […]
Nearly every major post-9/11 terrorism-related prosecution has involved a sting operation, at the center of which is a government informant. In these cases, the informants — who work for money […]
January is the time of the year for the Chinese to buy golden gifts for their love ones. And that is exactly what they are currently doing en masse, according […]
A new force that is bullish for gold has unexpectedly appeared, which is the Swiss franc’s mauling of the US dollar. The franc has a stellar track record of being a […]
The US Dollar's death is imminent if you believe the 2015 forecast of Hat Trick Letter Editor Jim Willie...
Is gold a safe haven? Mark O’Byrne, executive and research director at GoldCore, told CNBC yesterday that yes it is. He explains why the Swiss National Bank’s recent decision was “icing […]
When the waters start getting really choppy, that is a clear indication that stocks are about to plummet. In early 2015, volatility has returned to Wall Street in a big […]
The current set of fiscal and monetary policies pursued by central banks and states are all based on lessons drawn from the Great Depression of the 1930s. The successful (if […]
Financial analyst Michael Pento says,
It would seem that last week’s rally in gold was Swiss National Bank-driven, plain and simple. It is difficult to get a handle on the ramifications of what just happened with […]
Today gold and silver had a good day price wise as the fear factor continues to weigh in on the financial scene. Late on Friday, the SPDR gold trust released […]
For those dreading tonight's State of the Union address, Here’s something different for you. Ron Paul produced a “State of Liberty” speech, and it was released earlier today. Check out Ron's […]
The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe. Citigroup and Deutsche Bank both say […]