The dollar has been in trouble for a very long time. The government has been duplicating it, with the help of its willing accomplice, The Federal Reserve. They have been doing it for so long, in a measured manner, that it is now but a mere shadow of itself. If that is so, then why [...]
When it comes down to the major players in the financial markets, it has become quite clear that they will say whatever they have to say in order to keep the “game” going. One day “QE” is on, the next day, the Fed is going to scale it back. The net result is that gold [...]
The gold market and the general equities are all in a lather wondering whether the Fed will start drawing down on “QE” or keep it going. As far as the gold market is concerned, it makes no difference which way they turn the spigot! Turn it up and inflation is intensified, turn it down and [...]
Inflation is a monetary event that hardly anyone sees coming until it is entrenched in the monetary system and expanding like a wildfire. It is simply amazing to me, that as science and knowledge progressed rapidly due to the advancements in our computer society, our economic and political philosophies are mired in the past. Where [...]
Money talks and, as we have seen lately, big money talks the loudest! This is true as long as the game is played by the original rules. When things start to get shaky and those in the know sense it (even if they can’t tell what is causing it), they change the rules of the [...]
Yesterday was truly “Black Friday” for the gold bull market. It appears that the “back” of the gold bull has been broken and the elevator is going down, to the bottom floor, in short order. Perception is the key in the markets and there is blood in the streets and outright panic in the holders [...]
Things are getting curiouser and curiouser, as central banks are doing everything that they can to stop gold from reflecting the debasement of the fiat currencies around the world. It doesn’t surprise me that central banks would try to hide the affects of all the money that they have been creating because they don’t want [...]
Who benefits from the “new normal” which has been created by the Cyprus bail-in? Only time will tell, but it appears to me that the central bankers have opened a door that could very well lead to the exact opposite outcome than the one they were looking for! This could be the straw that breaks [...]
It looks like the Cyprus bailout has been resolved. That is the good good news. The bad news is that they are going to seize 10% to 40% of the large depositor’s money. Under our dear leader, President Obama, that would be a good thing, because “everyone should pay their fair share”. Unfortunately, in the [...]
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