“I think silver will be the investment of this decade, whereas gold was the investment of last decade,” Eric Sprott of Sprott Asset Management said in a recent Russia Today interview.
Looking at US Mint sales in 2011 and 2012, Sprott said that silver and gold coins have received the same amount of investment dollars. That means investors are purchasing 53 percent more silver than gold....
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The American spirit is rooted in the belief of a better tomorrow. Its success has been due to generations of men and women who toiled, through both hardship and boom times, to make that dream a reality.
But at some point over the past several decades, that hope for a better tomorrow became an expectation. Or perhaps a perceived entitlement is more accurate.
It became assumed that the futu...
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Since the second half of 2012, financial markets have recovered strongly worldwide. Indeed, in the United States, the Dow Jones industrial average reached an all-time high in early March, having risen by close to 9% since September. In Europe, European Central Bank President Mario Draghi’s “guns of August” turned out to be remarkably effective. Draghi reversed the euro’s slide into obli...
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(Reuters) - Europe has spent hundreds of billions of euros rescuing its banks but may have lost an entire generation of young people in the process, the president of the European Parliament said.
Since the region's debt crisis erupted in Greece in late 2009, the European Union has created complex rescue mechanisms to prop up distressed countries and their shaky banking sectors, setting aside...
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David Morgan of The Morgan Report is predicting a major move in silver, soon. His prediction is supported by Equity Management Academy's research and by predictions made by Rick Rule and Eric Sprott of Sprott Asset Management.
Morgan argues that after a 10-year bull market and a long, 2-year consolidation period, silver is poised for a major move to the upside. He said, "Perhaps 90% of the m...
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Summary: Our government’s runaway borrowing is risking runaway inflation. One way We the People can limit that risk is to practice, in advance, the use of optional, alternative currencies — specifically those based on gold or silver coin and bullion. Starting with coins in our pockets and moving to gold- and silver-bullion debit cards, it’s a way for the states to survive the Federal Re...
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David Zeiler: Talk of a bond market crash has been building for months, and not just among obscure financial bloggers.
Articles sounding the alarm about a bond market crash have appeared time and again in many mainstream publications.
Recent headlines like “Danger Lurks Inside the Bond Boom” (The Wall Street Journal), “How Banks Could Get Blown Away by Bond Bubble” read more
Today John Embry told King World News that “... when silver truly surges it will leave market participants speechless.” But first, here is what Embry, who is chief investment strategist at Sprott Asset Management, had to say regarding the US debt and gold: “Something that caught my eye over the weekend was the temporary removal of the debt limit in the United States. In the month of Fe...
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This video has been popping up all over the place in recent days and it really does a good job of depicting how wealth is distributed in the U.S., much to the chagrin of everyone who isn’t in the top few percent.
Wealth Inequality in America
Aside from nicely done graphics and the astonishing 92 percent consensus on what the ideal wealth distr...
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I have been enjoying a wonderful short book called
Fiat Money Inflation in France, by Andrew Dickson White. It refers to experiments with printing press finance that began in 1789. The book was published in 1896.
I will simply provide here some short excerpts. I think they speak for themselves.
“Still another troublesome fact began now to appear. Though paper money had increase...
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