The Godfather of newsletter writers, Richard Russell, says that he is buying physical silver because it’s “dirt cheap.” Russell also warned that the gold/silver ratio may plunge from 66/1 down to 16/1.  This means the price of silver would more than triple the upside surge he expects for gold. Big debt is deflationary because it takes a lot of needed cash to carry big debt.  The US h... read more

Early weakness in US equity futures was rescued when Asia opened and JPY was mysteriously bid but it's fading back now as the UN session escalates into he-YouTube'd-she-YouTube'd. The bigger moves on the night so far are gold (which jumped back over $1325 and 3-week highs) and EUR which fell around 40 pips to 1.3850. We suspect as Ukraine's red-line deadline draws near the bid... read more

Two bright white eyes looked at me inquisitively through the small hatch in the nondescript metal door. I quickly glanced around the dark, empty streets of the Palermo district in Buenos Aires and whispered the password. The door clanked open, revealing a small antechamber and a phone booth. I picked up the receiver and punched in a 4-digit code, and a second door opened. Now I could b... read more

Transcription of Finance News Network Interview with James G. Rickards – author ofThe Death Of Money, economist, lawyer, investment banker and portfolio manager at West Shore Funds Lelde Smits: Hello I’m Lelde Smits for Australia’s Finance News Network and joining me in Sydney to discuss his outlook for the global eco... read more

The last few days have seen Western anti-Russian rhetoric and red lines escalate dramatically as the military and economic issues come to light in any push back against Putin's pressure. From NatGas export fallacies to "boomerang"-ing sanctions, the west seems stuck (for now).. which brings up the question - why is China and Russia making huge investments in commodity-miners?�... read more

Renewed tensions in Ukraine, a weaker U.S. dollar, and a faltering domestic stock market combined to support precious metals prices last week as most risk assets declined. Dollar weakness appears to be the biggest short-term driver for gold while steady demand in China and India continues to be one of the most important long-term factors and recent news from Asia has been encouraging during wha... read more

Silver investors will have been a little disappointed by the metal’s performance vis-a-vis the gold price following the latter’s gains after the release of the latest U.S. FOMC meeting minutes. The minutes suggested that the low interest rate regime may well continue longer than expected and resulted in a major boost to the stock market and a significant uptick in the gold price. But it had... read more

  Recently I visited the breathtaking city of Hong Kong to speak at the seventh-annual Mines and Money conference, Asia-Pacific’s premier event for mining investment deal-making and capital-raising. During my time in Asia I had the additional privilege of addressing the audience of the Asia Mining Club, alongside my good friend Robert Friedland, Executive Chairman and Founder of Ivanh... read more

People consider Federal Reserve notes, U.S. dollars, to be real money. This includes their digital equivalent in bank and credit card statements and Treasury-issued base metal coins. As a unit of account, all goods and services, and land and labor are priced in U.S. dollars. Declared legal tender, Federal Reserve notes are the country’s medium of exchange.

This year mar... read more

In an excellent interview with Bloomberg, Jim Rickards correctly states that the Fed is completely insolvent on a mark to market basis, that the stock market is up over gold since 2010 because The Fed is manipulating stocks up and gold down, and urges investors to prepare for a dollar collapse by rotating OUT of stocks, and into PHYSICAL assets. read more