Steve Quayle has released an alert from his international banking contact advising that his sources are informing him a Spanish bank holiday is imminent, and it will spill over to […]
The CFTC's Gary Gensler discussed the Commodity Futures Trading Commission's oversight (or lack thereof) of commodity "futures,"on C-Span Tuesday afternoon, and he also responded to telephone calls during a live […]
All the action in silver shufflin was in Brink’s vaults again Tuesday, as Brink's reported a large deposit and a separate withdrawal, with the rest of the COMEX vaults unchanged […]
The last hold-out of the ratings agency still giving Spain an A rating has thrown in the towel, downgrading Spain from A3 to Baa3, outlook negative. Finally we can move […]
For those who missed it live, today's farce of a Senate Hearing (which sent the markets soaring as Dimon assured the honorable Senators that everything is under control in JP […]
Eagan Jones has just downgraded Spain from B to CCC+, estimating Spain's default probability as 18% (the ISDA would put the number more like 0%). Eagan Jones also says to […]
Get Your Phyzz From The Doc “Nothing fancy. Just a telephone and low prices.” Call Now To Order At 614-300-1094 Doc’s Deal Of The Day Today is […]
WilliamBanzai7 has outdone himself again today in commemoration of Jamie Dimon's trip to Washington with his latest artwork: The Dukes of Moron Hazard
Congratulations MAMYTA!! You are the winner of Tuesday’s 1 oz Silver Round. This time 10 SD Readers were eligible for Tuesday’s drawing, so you would have had a 8.5% chance […]
Our favorite European Parliament member, Nigel Farage has released another epic rant to the EU Parliament regarding the latest Spanish bank bailout, which Farage states makes things worse, not better! […]
Watch Jamie Dimon's Senate Banking Committee testimony over JPM's CIO losses LIVE NOW! Dimon's complete prepared statement can also be seen here:
Gold and silver have both opened and worked higher thus far in early Wednesday COMEX trading ahead of Jamie Dimon's 10am EST Senate Banking Committee testimony on JP Morgan's CIO […]
Gold edged up again today as Spain’s 10 year bond yield’s hit a euro-area high nearing the 7% level, which led investors to question Madrid’s access to the bond markets. […]
JP Morgan's CEO Jamie Dimon is scheduled to appear before the Senate Banking Committee at 10am EST Wednesday in a hearing titled A Breakdown in Risk Management: What Went Wrong […]
Our friend Chris Duane of Dont-Tread-On.me is calling for readers to vote for a 3rd party candidate this election day. Rather than voting for Obamney this November 6th, VOTE FOR […]
All of the action in silver inventory movements was in the Brink's vaults Monday, as we have 2 large movements to report from Brink's, while the rest of the COMEX […]
It appears the administration is desperately attempting to undo the self-inflicted damage caused by its attempt to use the SWIFT system as an economic weapon...which backfired horribly as Iran began […]
Congratulations UGLY DOG. You are the winner of Monday's 1 oz Silver Round. Only 8 SD Readers were eligible for Monday's drawing, so you would have had a 12.5% chance […]
Austria's Finance minster Maria Fekter stated Tuesday that Italy will need a financial rescue next due to its high borrowing costs. Nothing like throwing gasoline on the contagion by admitting […]
The Spanish 10 year has blasted another 4% higher today to a new 2012 high of 6.834%