The US Fiscal Cliff Is Here (You Have To Own Gold)
You can’t print trillions of dollars and borrow trillions every few months. No economy in earth’s history has ever been able to do that without…
Continue readingYou can’t print trillions of dollars and borrow trillions every few months. No economy in earth’s history has ever been able to do that without…
Continue readingThe US national debt officially passed the $22 Trillion mark this week. Here’s TraderStef to put the debt into perspective…
Continue reading“Closing the gap would require an immediate hike in the payroll tax of 2.78% to 15.18% or an immediate reduction in current benefits of…”
Continue readingTaking possession of precious metals and becoming your own central bank is becoming more essential in the current state of world fiat currency unraveling. Fiat currencies lack the hard collateral […]
Continue readingWhen you add maturing debt to the new debt that the federal government is accumulating, the total is quite eye catching. You see, the truth is that the U.S. government […]
Continue readingFinancial analyst Karl Denninger says, “If you keep raising the debt ceiling willy nilly, you’re going to get downgraded.” Denninger thinks the latest talks in Washington will only kick the […]
Continue readingPIMCO founder and co chief investment officer Bill Gross gives no credence to the trillion dollar platinum coin scheme. “We feel that such an action would not only jeopardise the […]
Continue reading“Quantitative Easing is not the only bullish factor for gold,” says January’s Metal Matters Monthly from bullion-bank Scotia Mocatta. “The financial system is drowning in debt and there seems no […]
Continue readingThe U.S. government may default on its debt in 38 days or as soon as February 15th, half a month earlier than widely expected, according to a new analysis adding […]
Continue readingIn his latest market update, Greg Mannarino states that the market pop in the wake of the 2 month fiscal cliff agreement is merely a relief rally that has no […]
Continue readingSubmitted by Stewart Thomson: On the last trading day of 2012, a watershed event occurred. Key gold stocks staged superb breakouts, from their weekly chart power downtrend lines. The gold […]
Continue readingBrotherJohnF discusses the fiscal cliff insanity and silver’s technicals in his latest Silver Update: Fiscal Clowns.
Continue readingSenate Democrats are announcing the fiscal cliff has been averted for 2 months, with a last minute agreement in principle with Republicans to extend Bush-era tax levels for individuals under […]
Continue readingRaoul Paul sent shock-waves throughout the financial markets in June in what Tyler Durden called the scariest presentation ever, when Paul predicted a complete systemic collapse of the financial system […]
Continue reading*Breaking Reports indicate that the House will NOT vote on any potential Senate fiscal cliff deal today, which means that the US will be plunging full speed ahead over the […]
Continue readingAfter consolidating throughout the overnight Asian and London session as well as throughout morning COMEX trading, gold and silver have just gone vertical, with silver up .65 from its lows […]
Continue readingCNBC invited retiring Congressman and former Republican Presidential Candidate Ron Paul on to discuss the lunacy of the fiscal cliff negotiations going on in Congress. In this MUST WATCH interview, […]
Continue readingThe U.S. federal deficit is now exceeding $1 trillion dollars every year —up from $161 billion in 2007, the last year before the financial crisis. Spending is up some $1 […]
Continue readingThe only CNBC commentator who does have a clue, Rick Santelli, gave another epic rant this morning concerning the fiscal cliff, Federal debt and unfunded liabilities, and the Fed. Santelli, […]
Continue readingRJ O’brien Senior Commodities Broker Phil Streible was on Bloomberg this morning, and when asked by the host for his #1 commodities pick for 2013, Streible responded: Silver! Streible stated […]
Continue reading