Editor's Note: Owning physical precious metals and safeguarding them in a non-bank depository is best defense. By Brandon Smith As I write this, the news is saturated with stories of a hostage situation possibly involving Islamic militants in Sydney, Australia. Like many, I am concerned about the shockwave such an event will create through our sociopolitical structures. However, while most of[...]
Tag: precious metals
The Market Gage December 17, 2014 – Russian Headlines Impact Precious Metals
“The Market Gage” features insights into the precious metals market from Roy Friedman. Roy has over 30 years of in-depth experience in all facets of precious metals. Precious metals have had a volatile trading week on good volume with most of the moves prompted by headlines that have to do with Russia. As sanctions continue to impact the Russian economy, President Putin has been[...]
Yes, It’s Possible for a Gold-Backed Renminbi to Dethrone the Dollar
by Tim Price on December 15, 2014 [Sovereign Man Editor’s note: This letter was written by Tim Price, London-based wealth manager and editor of Price Value International.] “[W]e want to use our reserves more constructively by investing in development projects around the world rather than just reflexively buying US Treasuries. In any case, we usually lose money on Treasuries, so we need to[...]
Savings Accounts are at Risk as Long as JP Morgan CEO Gets Everything He Wants
The CEO of America’s biggest bank, JP Morgan, appears to have Washington at his beck and call but is his push to repeal a key financial safeguard a step too far? COMMON SENSE ACTION - OWN PHYSICAL PRECIOUS METALS HELD IN A NON-BANK DEPOSITORY...AWAY FROM THE WALL STREET PLUNDERERS. If you want to understand what’s wrong with the US financial system, start by asking this question: why does[...]
The Market Gage December 15, 2014 – Precious Metals Start Week Below Friday’s Close
“The Market Gage” features insights into the precious metals market from Roy Friedman. Roy has over 30 years of in-depth experience in all facets of precious metals. Precious metals concluded last week on a steady note, but its failure to find further buying on the back of a sharp sell-off in the U.S. stock market was disappointing. This morning finds all four precious metals trading[...]
The Devastation Of America’s Working Class
After years of exposing, month after month, the truth about the US labor market - its conversion into a part-time (in 2010!), low-paying job market where Millennials refuse to work (as the job market reality is gruesome so instead they opt to load up on record amount of student loans) and where older Americans, instead of enjoying retirement are forced right back into the labor force leading to[...]
Maguire – Banks Panicking As London Gold Hub Implodes
From King World News Today London metals trader Andrew Maguire told King World News that bullion banks are now panicking because the London gold hub is finally imploding. Maguire also warned the bullion banks are not the only one who are panicking. Below is what Maguire had to say in Part I of a powerful series of interviews that will be released. Maguire: “The paper markets are nothing more[...]
Fairytales from the Federal Reserve: 15 Reasons Fed Policies Belong in Fantasyland
By James Rickards Don’t ever think for a minute that the central bankers know what they’re doing. They don’t. And that’s my own view, but I’ve heard that recently from a couple central bankers. I recently had spent some time with one member of the FOMC, the Federal Open Market Committee, and another member of the Monetary Policy Committee of the Bank of England, which is the equivalent [...]
The Market Gage – December 12, 2014
Posted on December 12, 2104 “The Market Gage” features insights into the precious metals market from Roy Friedman. Roy has over 30 years of in-depth experience in all facets of precious metals. Precious metals have not been able to extend the big rally that occurred earlier in the week as trading volume has contracted a bit over the second half of the week. Despite a crude oil market that [...]
Duck And Cover —- The Lull Is Breaking, The Storm Is Nigh
By David Stockman September 15, 2008 is the day that Lehman died and the moment that the world’s central banks led by the Fed went all-in. As it has turned out, that was an epochal leap into the most dangerous monetary deformation that the world has ever known. It needn’t have been. What was really happening at this pregnant moment was that the remnants of honest capital markets were[...]