The likelihood of electronic asset confiscation happening long before physical precious metals are called in is not very hard to imagine. Being “Cyprussed” is probably on the table if the […]
Payrolls +162k, a big miss of expectations of + 185k Unemployment rate to 7.4% Silver up over $1 off lows to $20.30, gold back above $1300 to $1320
Economist and Boston University Professor Laurence Kotlikoff calculates that to fully eliminate the shortfall in Social Security funding, the government would need to either cut all present and future social […]
There is one vitally important number that everyone needs to be watching right now, and it doesn't have anything to do with unemployment, inflation or housing. If this number gets […]
Jon Pawelko publishes the web comic Lampoon The System to poke fun at insane economic policies and educate the public on sound economics. Click here for more cartoons and information on his anthology book, available for only $15.
The figure for custodial gold held at the BOE was reported by the BOE in June to be 4,977 tonnes “at least 400,000 400-ounce bars” taken from tour-note 2 of […]
Something very strange is happening to Detroit. Once upon a time, it was the center of American manufacturing and it had the highest per capita income in the United States. […]
"Yes, Virginia, two plus two can equal five. And since we're the U.S. Government, we can tell you that two plus two equals six." Caution: our Governmental system is now […]
Money manager Catherine Austin Fitts says, “You are seeing a tug of war between the new system that’s coming up and the old system that’s struggling and dying.” Fitts explains […]
Deutsche Bank Opens Asian Gold Vault The Wall Street Journal - Deutsche Bank has opened a gold vault in Singapore with a 200 metric ton capacity in order to capitalize on rising Asian demand for the metal. The opening goes hand-in-hand with Singapore's goal of becomeing a new center for bullion trading. Last year, Singapore dropped its goods-and-services tax on gold and now hopes to increase its share of world gold demand to 10-15% in the next decade. "Gold has traditionally been stored in London, Zurich, and New York, but there is a serious shift in dynamics going on as the global financial crisis continues to evolve," said Mark Smallwood, head of Asian-Pacific wealth planning for Deutsche Asset & Wealth Management. Read Full Article>>Platinum Demand Likely to Increase in 2013 Forbes - CPM Group predicts that platinum demand will increase in 2013, outstripping supply once again and supporting an increase in the price. The rising demand is attributed to positive investor ...
As a fairly novice investor, I’m quick to acknowledge that I lack sophisticated knowledge about many of the terms, concepts and topics that seem to influence more experienced or “professional” […]
Detroit is under attack by the international banking elite. The gutting of Detroit, its public works, its social programs and all human safety nets is the same Bankster-genocidal model used […]
Fed to hold serve on QE, no taper yet ZIRP to continue indefinitely Fed "Prepared To Increase Or Reduce QE" Gold & silver bouncing- silver clears $20, gold holds $1300 […]
What is America going to look like when the middle class is dead? Once upon a time, the United States has the largest and most vibrant middle class in the […]
Politicians and bankers work together to benefit themselves at the expense of the people actually producing something of value. Politicians increase their power and influence by spending ever-increasing amounts of […]
Jim Sinclair opines on the Bureau of Economic Analysis' changes to GDP calculation announced Wednesday, which will add 3% to official US GDP (or an economy approximately the size of […]
There is an FOMC announcement on Wednesday. Then, Barrick Gold Corporation issues its quarterly report on Thursday. On Friday, the US labor department releases the jobs report. It’s very likely […]
Is the paper gold scam about to be brutally crushed by a crippling shortage of physical gold? If so, what will that do to global financial markets? According to the Reserve […]
Legendary investor Don Coxe, Chairman of Coxe Advisors LLP, and former advisor to the $540 billion BMO Financial Group, has issued a powerful new commentary entitled, “What Is China Up Too?“ In this dispatch, […]
Make no mistake though from a physical market perspective, the extreme condition we are currently witnessing in gold should never happen and forewarns of an extremely serious imminent disconnect illustrating […]