Monday, 27 Oct 2014 09:02 AM By Dan Weil Central banks around the world have been easing big-time over the past five years, and the results won't be pretty, says star investor Jim Rogers. "The central banks have been printing staggering amounts of artificial liquidity," he told Reuters TV. "It's going to come to an end. I don’t know if it's coming to an end now. When it does end, we're all[...]
Tag: Gold
The Terrifying Idea that the Economy Might Stay Stuck Forever Just Got More Terrifying
by Matt O’Brien Washington Post The U.S. economy has fallen, and it can’t get up. At least that’s the way it seems. That’s because our slump hasn’t really ended, even though the Great Recession officially did more than five years ago. Growth has been low, unemployment is still high, and it’d be even more so if the labor force hadn’t shrunk so much. And all this, remember, has[...]
Putin Warns Of Risk Of Major Conflict, Says Dollar Losing Reserve Currency Status
Having been relatively quiet for a while, Russia's leader Vladimir, speaking in Sochi (following meetings with Middle East crown princes who confirmed Russia as a key partner - "isolated"?), has unleashed his most aggressive statements with regard the failing world order: *PUTIN SAYS U.S. DOLLAR LOSING TRUST AS RESERVE CURRENCY *PUTIN: WORLD WITHOUT RULES IS POSSIBILITY; ANARCHY[...]
CURRENCY WARS ALERT: Big Nations Snub Beijing Bank Launch After US Lobbying
Jamil Anderlini Financial Times, London Tuesday, October 22, 2014 BEIJING — China will officially launch a new $50 billion Asia Infrastructure Investment Bank on Friday as it steps up its challenge to global financial institutions like the World Bank that it feels are dominated by America and its allies. But only 20 mostly small economies, many of them effectively client states of China, will [...]
Breaking: European Central Banks Secretly Repatriating Gold from USA
October 23, 2014 What is this secret repatriation of Gold about? We have heard from one very reliable source that repatriation of gold is secretly taking place at this moment from the USA to Europe. This is October 2014! The information contains details about transported quantities by one of the global security firms being much higher than usual, as well as country of destination. This leads[...]
Your Personal Gold Standard – James Rickards
There isn’t a central bank in the world that wants to go back to a gold standard. But that’s not the point. The point is whether they will have to. I’ve had conversations with several of the Federal Reserve Bank presidents. When you ask them point-blank, “Is there a theoretical limit to the Fed’s balance sheet?” they say no. They say there are policy reasons to make it higher or[...]
How The Federal Reserve Is Purposely Attacking Savers
by Chris Martenson There's something we 'regular' citizens wrestle with that the elites never seem to: a sense of moral duty. For example, following the collapse of the housing bubble, many people struggled with mortgages they could no longer afford to pay, fearing the shame of default. Many believed defaulting was wrong somehow; that it was their moral obligation to pay their mortgages, no[...]
Terrifying Chart Predicts Gold Spike & Meltdown For Markets
Today King World News interviewed a 60-year market veteran who made some absolutely fascinating predictions as we head into the end of 2014. He discussed what to expect in the major markets, including stocks, gold, and silver. Rosen also included an astonishing chart which predicts a gold spike as well as disaster for the global markets. Below is six-decade market veteran Ron Rosen’s remarkable [...]
Study: Wealth Disparity Greater Than Anytime Since 1929
Wednesday, 22 Oct 2014 07:00 AM By Michael Kling Wealth inequality is greater than anytime since 1929, new research from Emmanuel Saez of the University of California, Berkeley, and Gabriel Zucman of the London School of Economics reveals. "The share of wealth held by the top 0.1 percent of families is now almost as high as in the late 1920s, when 'The Great Gatsby' defined an era that rested on [...]
The GLD Trust Is Being Drained – You Were Warned About Counterparty Risk!
by David Kranzler Investment Research Dynamics It’s a matter of “trust.” How much do you trust GLD’s vault custodian, HSBC? Has HSBC given us any reason to place trust in both its financial reporting and the way it operates? HSBC has been already been nailed for rigging LIBOR and the LBMA gold fix. [...] I wonder how many of those bars shown in the picture do not belong in the GLD[...]