It is clear that the latest polls are indicating that Americans have a very severe problem. The American people blame Congress for the struggling economy and are still giving “The Prevaricator In Chief” a pass for all of the scandals that have finally come to light during his second term. There is simply no accounting [...]
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 [...]
Nouriel Roubini has the the bears lining up and predicting the end of the gold bull. To me it is interesting that he is leading the movement when there is nothing to suggest the U.S. economy, not to mention the European economy, are any where showing signs of recovery. If anything, they are teetering on [...]
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 [...]
A funny thing happened on the way to the autopsy table. The patient exhibited a very weak pulse, so we immediately turned the gurney with the body towards the intensive care unit. The ER team is working on the patient as we speak and it looks like, at least for the time being, the patient [...]
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 [...]
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