Gold always accounts for an expanding fiat currency supply, either through a bull market that can last years as gold reasserts its value, or through a snap overnight revaluation as we've seen many times before in history. How will it play out this time?
The number of volcanoes that are erupting continues to rise, and scientists cannot seem to explain why this is happening. In 2013, we witnessed the most volcanic eruptions worldwide that we […]
The precious metals have been having a hard time recently, especially following Janet Yellen's press conference last week. While Yellen was extremely vague about when the Federal Reserve would raise interest rates, the financial media latched on to her theoretical discussion of how rates would be raised when the time came. This turned out to be the only part of Yellen's statement the markets seemed to care about. Even unbiased, legitimate new agencies like Reuters reported that "...the Federal Reserve indicated in its policy statement it could raise borrowing costs faster than expected when it starts moving." This is the explanation for gold and silver's latest downturn. Talk about not seeing the forest for the trees.In his latest Schiff Report video, Peter Schiff dissects Yellen's press conference and the Fed's statement to explain why the Fed will never raise interest rates. In fact, Peter thinks the United States is overdue for another cyclical recession. Physical gold and s...
Thanks to the Fed's monetary policies, which have encouraged an increase in demand for US Treasuries, the Federal government no longer has a problem funding its deficit. QE is therefore […]
The real reason Russia and Syria are being targeted right now by the US war machine... We are on a road that leads straight to the World War 3, but […]
I have written several times previously my absolute BUY signal is $18 and below… We now have a $17 handle in silver. If you have the ability to buy with […]
Although I never put much credibility in the Government’s housing starts report because the data collection is poor and the data that is collected is put through the Government’s statistics […]
The most important factor right now is the physical shortage of gold. The declining amounts of gold in Shanghai storage suggest we are getting close. So I expect something […]
In the face of a global physical gold shortage, the London Bullion Market Association (LBMA) is quietly planning a new gold fix in a desperate attempt to maintain the status quo.
What is our society going to look like when our faces are being tracked literally everywhere that we go? As part of the FBI's new Next Generation Identification System, a […]
The precious metals have been under the most intense and concentrated period of downward price manipulation by the Federal Reserve/U.S. Government that has occurred over the last 14 years, except for […]
Gold and silver drifted lower over the course of the week, with a challenge to the $1200 level for gold becoming a distinct possibility. On Friday, silver plunged below support […]
Do you remember when the NFL actually used to be about football?
This week's Scottish NO vote was entirely secured by overwhelming support from those aged above 55. In fact, the “better together” camp failed to win any of the age groups below 55 years […]
The suppression of gold prices is essential at all costs to the Anglo-American banking interests. The saber rattling and attempts to lure Russia and China into military conflict are about […]
With gold smashed to $1215, perhaps only a day or 2 from testing bear market lows at $1179 and silver plunging through substantial support at $18 to place new bear […]
A recent article on the Wall Street Journal's blog draws attention to the high cost of producing a single penny – 1.6 cents each, to be exact. They blame this unsustainable price on the high cost of zinc, which makes up 97.5% of every American penny. The online publication Quartz ran with this story, giving it a new headline: "It costs 1.6 cents to make one penny because of the rising price of zinc". Time for a short economics lesson.An alternate, more accurate headline for this story would be, "It cost 1.6 cents to make a penny because of currency debasement." Rather than pondering whether or not the United States should simply stop producing pennies to save money, Americans should really be thinking about the long-term effects of currency debasement that has been going on for generations.
The intensity of the banks’ attacks on gold and silver prices have been long, drawn out, and merciless. Since 2011, the banks have been hitting completely “below the belt”. They […]
Silver has just broken below the June 2013 low of $18, continuing its post FOMC "taper" sell-off Friday, plunging to a new bear market low of $17.77. Gold is also continuing its […]
Events last month in Ferguson, Missouri forced Americans to confront the frightening reality that many of of the nation’s police departments have been quietly, but consistently, militarizing over the past couple […]