As an addendum to yesterday's writing, today we should tie together the new alliances and what appears to be Western defections toward the East. Just overnight, Australia also applied for membership to the AIIB, a U.S. rebuke is sure to...
We have watched, even marveled at how the U.S. dollar has strengthened since last September. All sorts of theories have been put forth as to “why”. Some have proffered the dollar is the cleanest dirty shirt of the bunch. Others believe the...
Do you remember how Lucy always pulled the football each time Charlie Brown tried to kick it? To this day, he’s fallen on his rear end and every time while Lucy just snickers. This is exactly what the Federal Reserve has done since late...
I had planned to write about the recent news Andrew Maguire relayed regarding HSBC allegedly closing their seven London gold vaults. I am putting this on hold because other than his word and Ned Naylor-Leyland’s tweets on same, I cannot...
The latest news out of Greece is truly a head scratcher. After agreeing with the Eurozone to a four month extension, the new plan to get from here to there can only be described as insane. In order to roll over current debt, Greece plans...
While doing an interview a few months back with Turd Ferguson at www.tfmetalsreport.com , he made the comment “gold has never been more valuable than it is today”. This is so true and correct, I’d like to break it down into small pieces...
Before getting to the topic of “all in for precious metals!”, I have a story for you which may be of interest. All the way back in 2002, I travelled out to Colorado Springs for the shareholder meeting of a very small and obscure royalty...
In case you had not noticed, we live in a crazy upside down sort of world. We could go into the social aspect of this but it would only make our collective blood pressures go up. The same thing goes for politics, religion and let’s not...
Without going into the mechanics and logic of “why” or really even how the current Ponzi schemes will fail, I will assume that you understand the current “dollar system” is untenable, unfair, unstable and will fail in very grand fashion....
So much is happening behind the scenes, it’s mindboggling. This past week we of course ended with “deal or no deal” over Greece. The “deal” the markets were hoping for really was no deal at all, the markets were only hoping for more time...