Soon to be front page news again will be Greece and their insolvency. The question will remain (for a time) whether or not they stay in the Eurozone, leave by choice or get "kicked out". I am not even sure if being forced out is a legal...
I apologize ahead of time for the length of this post. The extreme length is a function of Harry Dent’s most recent diatribe on why you should not own gold and why should “sell it short when he tells you to”. Mr. Dent has so many...
This past Friday, Dave Kranzler of Investment Research Dynamics put out a very thoughtful article and chart regarding the spike in “reverse repurchase agreements” RRP’s held at the Fed.
Much speculation abounds regarding China's gold holdings. They officially claim 1,054 tons as of April 2009. We suspected they might "re" announce their holdings again last year at this time as it was five years after their last...
We live in a world where all currencies are “fiat”, none backed by gold, silver, oil or anything else. Yes of course the dollar, otherwise known as the “petrodollar” has functioned and survived (so far) based on oil revenues being recycled...
No, we're not talking about 4G phones, nor God, Gold, Guns and Grub. Today let's look at GE, Greece, and finish with a very interesting Germany and Gazprom. Last week GE shocked the market place by announcing they will sell their crown...
The plan for today was to pen an article regarding silver. I believe silver to be the cheapest, most undervalued asset on the planet. From these current levels I believe any capital in silver is a no brainer. Let’s hold off on this...
There is now mounting evidence and undeniable proof that the world is actively preparing for economic life after the death of the US Dollar. The facts are now quantifiable, and for those of us who are accustomed to this moment in history...
We are again entering a collapse phase similar, yet far worse than we had in 2007-2008. I will show you a few graphs as illustration of weakness in the real economy and compare them to the financial bubbles we are living.
The big story regarding the Asian Infrastructure Investment Bank was the application by the Israelis. This came just prior to the deadline and of course at the displeasure once again to Washington. Britain was the early defector followed...