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.[...]
Tag: precious metals
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[...]
Election Uncertainty Has Wall Street on Edge
A handful of toss-up U.S. Senate races this week could hold the key to whether the stock market glides through the year-end in a typical post-midterm election rally or gets hit with a fresh bout of volatility. U.S. investors appear less concerned with whether Republicans take control of the Senate, as expected, or Democrats hang on to their majority by a slim margin. They just want to know —[...]
Most People Cannot Even Imagine That An Economic Collapse Is Coming
By Michael Snyder, on November 2nd, 2014 The idea that the United States is on the brink of a horrifying economic crash is absolutely inconceivable to most Americans. After all, the economy has been relatively stable for quite a few years and the stock market continues to surge to new heights. On Friday, the Dow and the S&P 500 both closed at brand new all-time record highs. For the year,[...]
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[...]
Stunning Amounts Of Euro, Asian, & Indian Gold Buying
Today London metals trader Andrew Maguire told King World News that there is currently stunning amounts of euro gold physical buying taking place in London. Maguire also spoke about the staggering demand for physical gold elsewhere around the world. Below is what Maguire had to say in Part I of a series of interviews. Maguire: “There is solid evidence of continued investment bar demand coming[...]
Deciphering the War Between Gold, Oil, and the US Dollar
by Frank Holmes The United States is doing better than it has in years. Jobs growth is up, unemployment is down, our manufacturing sector carries the rest of the world on its shoulders like a wounded soldier and the World Economic Forum named the U.S. the third-most competitive nation, our highest ranking since before the recession. As heretical as it sounds, there’s a downside to America’s [...]
Why We’re Poorer: Inflation And Deflation Are Now Globalized
by Charles Hugh-Smith of OfTwoMinds blog, We're being hit with a double-whammy: Wages are under deflationary pressure, and almost everything else is exposed to inflationary pressure. As correspondent Mark G. observed in Globalization = Permanent Instability, it's impossible to understand inflation and deflation now except in a global context. Now that prices for commodities such as oil and[...]
BusinessWeek Wants YOU To Become A Keynesian Debt Slave
There are those, increasingly more of them, including such shocking statist luminaries as Alan Greenspan (the person more responsible for today's global depression than anyone else) and the Treasury Borrowing Advisory Committee, who are realizing that the old debt=growth, saving=bad, spending=prosperity and inflation=utopia economic paradigm, the one unleashed by John Maynard Keynes, is the[...]
Does This Look Like A Housing Recovery To You?
By Michael Snyder, on October 28th, 2014 We just learned that the homeownership rate in the United States has fallen to the lowest level in 19 years. But of course this is not a new trend. As you will see in this article, the homeownership rate in the United States has been in a continual decline for more than 7 years. Obviously this is not a sign of a healthy economy. Traditionally,[...]