It has been my nature from the earliest point, I can remember that I have always looked for inspiration in the underdog. There is no logical reason for this, as my upbringing was about as “middle of the middle” as it could be. However, all the stories, movies, and lectures that have stood with me throughout my life have been those where the HEART was the significant theme. Where the unde... read more
Akin to ancient Rome, the United States has over-extended herself. She has created a climate that could easily be transformed into a war on a slight pretext. Wars, as it is well known are also a means a nation can extricate itself from debt and financial responsibility. – The U.S. Endgame, Jeremiah Johnson (nom de plume, retired U.S. Special Forces, excerpt from Zerohedge One would have t... read more
Today former U.S. Treasury Secretary, Dr. Paul Craig Roberts, warned King World News that the world financial system is on fire and the price of gold may skyrocket. Dr. Paul Craig Roberts: “The West no longer exists. There’s no longer any democracy in the West, certainly not in the United States. The people have chosen Trump, so what are the politicians doing? They simply won’t acc... read more
Gold was enjoying a substantial jump on Friday, after a disappointing jobs report made traders more skeptical about the prospect of the Federal Reserve raising rates in the near future. The Bureau of Labor Services reported Friday that 160,000 jobs were created in April, missing economists' expectations and sending a signal that the American economy is not as strong as has been anticipate... read more
As fear around the globe increases and more investors begin to worry about the insane policies of central banks, two billionaires just issued dire warnings. Two billionaires, Stanley Druckenmiller (above) and Carl Icahn, just issued dire warnings. Gerald Celente: “Stanley Druckenmiller was speaking this week at a major investment conference in New York. They wanted him to be specific... read more
That’s correct. Going by the historic Dow Jones-Silver ratio, it points to $300 silver. This may seem outlandish or a play on hype, but it isn’t. While many precious metals analysts have forecasted high three-digit silver prices, I didn’t pay much attention to them. However, after I looked over all the data, $300 silver is not a crazy figure at all. Let me explain. The U.S. econom... read more
Demand for silver hit a record-high last year with the jewellery, coin and bar, and photovoltaic sectors, helping to boost the precious metal’s sales to 1.17 billion ounces. Overall, however, the market registered its third consecutive annual deficit, which was 60% larger than 2014, shows the latest World Silver Survey published Thursday by GFMS in collaboration with the Silver Institute.... read more
With China, Russia, and the BRICS nations all accumulating vast physical gold reserves over the past four years, there has been a great deal of speculation on whether this coalition, or an individual from the five nation economic pact, would choose to one day backstop their currency with their metal holdings. And the creation of the AIIB, CIPS, and Shanghai Gold Exchange (SGE) by China has done... read more
For investors skeptical that gold’s rally will persist after the best start to a year since 2006, one indicator may help ease their concerns. Open interest, a tally of outstanding contracts in Comex futures, rose to the highest in five years on Monday, showing traders are expecting further increases, according to George Gero, a managing director at RBC Wealth Management in New York. Bullion i... read more