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 [...]
The “Cyprus Experiment” speaks directly to the big lie that all socialist governments are trying to pedal on their “lumpen proletariat”. In this case the Cypriot people have spoken and told their parliament that they are not going to take it in the shorts in order to bail out the big banks. Make no mistake [...]
Predicting the price of gold going forward is like sticking your finger into to the wind to see which way it is blowing. Like the wind on your finger, what the price of gold is doing at any given time is not necessarily going to tell you what it will be doing in two days, [...]
U.S. gold eagle coin sales took off to the upside after the results of the election became clear. Small and large investors alike, realized that America’s spending and penchant for debt was not going to abate in the next four years under the rule of “The Community Organizer In Chief”. Any chance of reigning in [...]
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