It was widely reported the other day when Bernanke gave a speech in Abu Dhabi for which he was paid $250,000. While Bernanke’s visible speaking engagements are actively reported, […]
Continue readingThe primary reason the U.S. Government and Federal Reserve intervene actively in the gold market is to keep to keep the price from moving higher in order the protect the […]
Continue readingThe stench of a well-trodden cow pasture is emanating from the Zerohedge article which tries to blame the decline in the price of gold during 2013 on China’s use of […]
Continue readingAnyone who denies that the Fed is engaging in unprecedented intervention in all of the markets – especially the gold and silver markets – is guilty of either ignorance or […]
Continue readingThe Big Lie is that Central Banks don’t care about gold. Nothing could be further from the truth. According to public records, the Government of Ukraine owns 33 tonnes of gold […]
Continue readingSorry CNBC, Bloomberg, Fox News and Wall Street but the reason for the slowdown is not the weather. The real reason is the structural deterioration in the income and wealth […]
Continue readingThe Government is lying through its teeth to us about the Ukraine situation. It’s amazing how quickly CNN and Fox News seem to have misplaced the Victoria Nuland phone tape […]
Continue reading[Secretary of State, John ] Kerry, wallowing in his arrogance, hubris, and evil, has issued direct threats to Russia. The Russian foreign minister has dismissed Kerry’s threats as “unacceptable.” The […]
Continue readingThe price of gold and silver will both hit new highs in 2014. The price of gold goes north of $2,000, and silver will quickly go over $50. When it […]
Continue readingGold has been the best performing asset since the Fed tapering began on December 18th, 2013. Most analysts were, and many still are, calling for gold to hit $875 this […]
Continue readingSince tapering began in December, gold has been THE asset to own. The only theory I can think of to explain this is that the smart money in that the […]
Continue readingJanuary auto sales released on Monday showed a precipitous decline in auto sales in January compared to January 2013. Of course the first words out of every analysts’ mouth was […]
Continue readingDecember existing home sales were released last week by the National Association of Realtors. Despite the happy headline report of a 1% gain over November, when you factor in the […]
Continue readingEarlier this week 30-day/4-wk T-Bills were auctioned off a 0% rate. Intra-day, after the auction, the rate went negative. Negative short term rates were last observed in 2008, before the […]
Continue readingWe looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the […]
Continue readingGoldcorp has offered Osisko shareholders $2.4 billion in stock and cash to buy the shares of Osisko Mining (OSK). In terms of proven and potential gold in the ground, OSK […]
Continue readingBuried in the January BLS report is a metric that shows the number of people in this country not in the labor force. The report shows that 535,000 people dropped […]
Continue readingHow would you like to get your bank statement in the mail from JP Morgan or Bank of America and see this disclaimer added at the bottom: “The information in […]
Continue readingMake no mistake about it. In the face of China’s moves to move away from the U.S. dollar and bolster their own currency with an historically epochal program of systemic […]
Continue readingThe price of gold was remarkably smashed $35 in the space of 60 seconds at 10:14 a.m. NY time Monday morning. 12,000 contracts hit the market almost all at once. […]
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