Precious metals are apparently waking up. And here is where you can find the best deals.
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Why the next market crash may end up collapsing the monetary system.
RBS said it will pay a civil monetary cash penalty of US $4.9 billion, linked to its issuance and underwriting of U.S. residential mortgage-backed securities between 2005 and 2007.
The only time this indicator has been higher than today was during the Tech Bubble
In 7-2 Vote; Cable Plunges On Dovish Inflation Outlook. And just like that the market has priced out any hopes of further rate hikes by the BOE for this year.
"mining operations have been taken over by illegal miners, usually under the supervision of Venezuela’s army. The ensuing chaos and..."
"While one of the reasons to own precious metals is understood by many in the alternative media community, the more important critical factor is not..."
"Gold has been under pressure from a strengthening U.S. dollar...this makes it an ideal entry point in anticipation of a late summer rally before Diwali..."
The US dollar has rallied over the last few weeks. The dollar index closed above 93 on May 8. This represents about a 5% increase from the low this year of just above 88. On the year, the dollar is up about 1%, although it is still off about 6% from its highs in 2016.In his latest podcast, Peter Schiff called this a "bear market rally."There hasn't been any good economic news that would explain the strength of the dollar."
In August 2015, a photo of a man using a 2 bolivar note as a napkin went viral. It vividly illustrated how rampant inflation had devalued the Venezuelan currency to the point of near worthlessness.Fast forward two-and-a-half years and things haven't gotten any better for Venezuelans. In fact, they've gotten significantly worse. Today, Venezuelans are better off holding video game money than bolivars. According to an article published by Fortune, World of Warcraft tokens are seven times more valuable than Venezuelan currency.
There is going to be a super-spike in the precious metals. . . . These are unprecedented times coming.
Nomi has put together a timeline of exactly when and how the central banks have plundered the wealth of the masses since 2008
"This makes it an ideal entry point in anticipation of a late summer rally before Diwali and the Indian wedding season."
Hmmm: Warren Buffett's Right Hand Man Disses Bitcoin (But He Is Really Covertly Praising Gold)May 9, 2018
Charlie Munger recently came out swinging against Bitcoin, but if you understand what he just said, he was actually praising gold...
Iran’s gold demand will probably be “strong” for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.
Argentina has a long and unhappy relationship with global debt markets. The country’s troubles are well known—but the factors pressuring emerging markets right now run deeper.
The top central banks in the world - the Federal Reserve, the European Central Bank, the Bank of Japan - have basically given $21 trillion - the size of the entire economic production of the United States - into the banking system.
Corporate America partied like never before on cheap money over the past decade, and now comes the hangover.
"Underinvestment in the form of exploration and capital expenditures, empty project pipelines, and a lack of new discoveries mean reduced supply in the coming years."
The Fed is technically tightening, other Central Banks, particularly the BoJ & ECB have been printing their currencies by the hundreds of billions.
Michael Pento: The Unprecedented Run On Gold Starts This Year With New All-Time Highs In 2019May 9, 2018
Michael says the coming run on gold is going to make the last two runs on gold look like they were nothing. Here's the details...