By Henry Bonner Hi Jim. You have recently published Currency Wars and now The Death of Money. Are you expecting a global collapse of every currency? And if so, a collapse relative to what? I expect a collapse in the value of currencies relative to real goods, real assets and real services. This will happen to all currencies, not just the dollar. I don’t expect a word where people lose[...]
Tag: market manipulation
China’s Massive Holdings of Gold Bullion. Is the West Financially Bankrupt?
Alisdair Macleod of Goldmoney.com in a recent article suggests China may already have accumulated between 20,000 and 25,000 tons of gold prior to 2002. Please read this very carefully as it makes very good sense and puts a piece into the puzzle which was missing for so long. Let me also add, if this turns out to be true then it is THE biggest financial news since August 15, 1971 when the U.S.[...]
Silver Analyst Who Predicted Silver’s Crash to $15 Three Years Ago Says Massive Rally Coming
November 2, 2014 From SD report... Nearly 3 years ago, with silver trading near $40/oz and gold near all-time nominal highs, gold & silver analyst Marshall Swing shocked the PM community by warning that silver would crash to $15/oz, then rocket past $1,000/oz as fiat collapses! Fast forward to Oct 31st, 2014, and silver has indeed crashed to a $15 handle. Does the ONLY precious metals[...]
The Diversified Precious Metals Portfolio Softens Today’s Market Smash – PMC Ounce outperforms Gold and Silver
Market Observations By Chris Blasi - Neptune Global Holdings LLC For gold and silver investors, Halloween 2014 has been a harrowing experience. Following the hawkish tone within the FOMC's earlier press release, the expected impact on the precious metals was played out in the bullion paper markets. The irony within the precious metals investment world continues, as the wholesale dumping of[...]
Overt Repression – Australian Scholar Says Futures Markets Suppress Commodity Prices, Keep Producing Nations Poor
by Ed Steer Yesterday In Gold & Silver The gold price got sold down a few dollars right at the 6 p.m. EDT open on Sunday evening in New York. It rallied back to unchanged within a few hours, but all four attempts to rally above unchanged during the Monday trading session were met by a willing seller. Then, once the 1:30 Comex close was in, the not-for-profit seller[s] sold gold down some[...]
19 Very Surprising Facts About The Messed Up State Of The U.S. Economy
By Michael Snyder, on October 20th, 2014 Barack Obama and the Federal Reserve are lying to you. The "economic recovery" that we all keep hearing about is mostly just a mirage. The percentage of Americans that are employed has barely budged since the depths of the last recession, the labor force participation rate is at a 36 year low, the overall rate of homeownership is the lowest that it has[...]
Russians Stunned By China’s Move To End Western Dominance – KWN
King World News speaks with John Ing about China's plan to monetize gold and Russia's reaction toward this strategy to end Western dominance. Ing also spoke about the currency wars which are breaking out that will only add fuel to the global fire. Also included in the interview is information never reported in Western media such as the massive purchases of physical gold by China and the many[...]
Are You Prepared For The Next Round Of The Financial Crisis?
by Graham Summers - October 15, 2014 The 2008 crash was a warm up. Many investors think that we could never have a crash again. The 2008 melt-down was a one in 100 years episode, they think. They are wrong. The 2008 Crisis was a stock and investment bank crisis. But it was not THE Crisis. THE Crisis concerns the biggest bubble in financial history: the epic Bond bubble… which as it[...]
9 Ominous Signals Coming From The Financial Markets That We Have Not Seen In Years
By Michael Snyder, on October 14th, 2014 Is the stock market about to crash? Hopefully not, and there definitely have been quite a few "false alarms" over the past few years. But without a doubt we have been living through one of the greatest financial bubbles in U.S. history, and the markets are absolutely primed for a full-blown crash. That doesn't mean that one will happen now, but we are[...]
12 Charts That Show The Permanent Damage That Has Been Done To The U.S. Economy
By Michael Snyder Most people that discuss the "economic collapse" focus on what is coming in the future. And without a doubt, we are on the verge of some incredibly hard times. But what often gets neglected is the immense permanent damage that has been done to the U.S. economy by the long-term economic collapse that we are already experiencing. In this article I am going to share with you 12[...]