Once the European debt crisis is resolved one way or another the focus will shift to the UK and the US. California announced Thursday it's deficit is 10% higher than […]
We have a little levity for our readers on a slow Friday afternoon. SELL YOUR SILVER AND BUY ZIMBABWE CURRENCY. TEACH YOUR KIDS AND GIRLFRIENDS. WAKE SOME PEOPLE UP!
If the banksters could pimp their own mothers and daughters for a buck they would. Perhaps those now forced to sell their life-insurance policies to the ‘financial innovators' should have […]
China continues to extricate itself from the US dollar daily, as well as create a stranglehold on natural resources throughout Africa. The state-owned China National Gold Group Corporation has made […]
Billionaire George Soros' 13-F report filed with the SEC reveals Soros has just sold his entire equity position in financial stocks (over 1 million financial shares) and converted the entire […]
Clearing derivatives may help going forward, but it does nothing for the $1.26 quadrillion weapon of mass destruction already sitting on the balance sheets of The Morgue, the Vampire Squid, […]
Doc's Deal Of The Day 2012 Canadian Silver Maple Leaf AS LOW AS $2.09 OVER SPOT!! >1000 ounces $2.09 over Spot >500 ounces $2.19 over Spot 100-499 ounces $2.29 over […]
CME Europe has just announced that it will now accept gold as eligible collateral for clearing, stating in a press release that it ‘has extended the range of eligible collateral […]
Barrick Gold Corp, the world's top gold miner, is currently in negotiations with China Gold Corp, China’s top gold producer, about selling part or all of its holdings in its […]
Sprott Money has brought silver guru David Morgan in for the 2nd installment of Ask the Expert. Morgan states he expects silver to end 2012 between $35 and $40 an […]
In response to our post this morning that according to former SigTARP inspector General Neil Barofsky, ‘Geithner Admitted To Us That Obama’s Housing Policy Was DESIGNED To “FOAM THE RUNWAY” […]
The Baltic Dry Index appears to have made a perfect double top, and is currently rolling over, well within its sustained downtrend, and appears ready to make new all-time lows […]
Former SigTARP inspector general Neil Barofsky has informed MSNBC that Treasury Secretary Timothy Geithner informed him privately during the financial crisis that President Obama's housing policy was ‘designed to sacrifice […]
If the first three days of this week are any indication, the HFT algo day trading bots are literally the only traders left in the silver futures market. We understand […]
Doc's Deal Of The Day 100 ounce Johnson Matthey or Engelhard Silver Bar AS LOW AS 69 CENTS OVER SPOT!! >5 Bars 69 Cents Over […]
The World Gold Council released its quarterly report today. Accumulation of gold bullion from central banks was the bright spot in demand last quarter, as total demand fell 7% globally, […]
BrotherJohnF's latest Silver Update: Sleeping Sentinels
Welcome to Capital Account. As the economic crisis unfolds, and we see evidence of ‘crony-capitalism’ and ‘corportasim’, we wonder if capitalism even still exists. Our guest, Richard Duncan, believes we […]
41 years ago today, on August 15, 1971, President Nixon took the world off the gold standard at Bretton Woods. Happy 41st Anniversary to the entirely fiat world Keynesian monetary […]
Today's animated metals update discusses the Saudi recall of citizens from Lebanon; George Soros exiting his position in Citigroup, Goldman Sachs and JP Morgan; Trader Dan's analysis of the rate […]