Of all the things the Obama Administration could be focused on during its last week in office, a Catastrophic Meteor Impact tops the list?
Revelations have been piling up since the 2008 financial crisis. Major U.S. and international banks cheat their customers and rig markets.
“How on earth are we going to resolve $120 trillion on balance sheet and off balance sheet liabilities before we consider state and local debt and underfunded pensions? My suspicion is we get out of this in one of two kinds of defaults.
I think we will have a series of unofficial defaults where we devalue the net present value of the obligations, which is a different way of saying we devalue the currency, gradually like we did in the 1970’s. I think that will have the same impact on gold and silver prices…”
Why scream about Russian hacking if they do not have a PLAN?
Which Precious Metal is the Most Manipulated?
The Answer May Surprise You…
Without a doubt there are a whole lot of people out there that do not like Donald Trump.
But the business community sure seems thrilled with him.
These Specials End Monday,
January 23rd at 10:00 AM EST
After two days He will revive us; On the third day He will raise us up…
Is the Realization of the Biggest Unfulfilled Prophesy in the Entire Bible at Hand?
My friends had concerns. They were living in New York before and didn’t like the trends they saw in their home country.
There was too much debt. Too much war. Too much money printing. Too many lies. Too much spying. Too much violence. Too much uncertainty.
They wanted to distance themselves from conditions that made them uncomfortable.
So they made a very deliberate plan and took steps that led them to where they are today– living in their own paradise.
And they couldn’t be happier…
An examination of the Real Economic Numbers and Key Market Realities today leads to a Startling Conclusion.
Soon in 2017 We Expect Investors to Experience a Great Shocker—
Precious metals today appear to be repeating their performance of last year.
Are BIG Bull Moves in Gold and Silver Prices Just Getting Started?
Billionaire Eric Sprott Discusses His Outlook, Explains Why “Everyone’s A Seller of Bonds”, and Reveals What’s Next For Precious Metals:
January 20th cannot come soon enough…
Perhaps in the modern era only the Weimar German and Zimbabwe stock markets were more overvalued.
Will there be a “shock” designed to correct Trump’s foreign policy, and create a war with Russia on the dawn of the next administration?
Sprott takes a look back at 2016, and a look ahead to 2017.
For commodities, 2016 was a tale of two halves:
Gold has hit the ground running in this young new year, a stark contrast to its brutal post-election selloff. Rather remarkably, these strong recent gains accrued despite literally zero buying from one of gold’s most-important constituencies. The American stock investors who almost single-handedly fueled gold’s strong bull market last year are still missing in action since the election.
That means big gold buying is still coming:
We should ignore the short term noise of the Trump inauguration next week – although it is set to be compelling box office viewing!
However, it would be imprudent to ignore the likely impact of four years of the Trump Presidency on markets and particularly the gold market.
On Wednesday, we had just a little taste of this when his press conference led to turmoil and massive volatility in markets and gold rising on safe haven demand to over $1,200 per ounce:
The new year is less than two weeks old, and we can already say one thing with confidence. 2017 is not going to be boring.
Firing on all cylinders and tackling important economic and political events of the past month while looking towards what may happen in 2017, Jason and Eric make the case that gold and silver bottomed in December. We examine the historical pattern often seen of a strong January and Eric places the historical trend into current context.
The 70 nations that are gathering in Paris, France on Sunday are literally in danger of cursing the entire planet.