History Month: Does The Fed Hold Gold? NO!

Only a few times in history do you get someone tenacious enough to force an answer from the Federal Reserve. Ron Paul did that. In an exchange with Federal Reserve attorney, Scott Alvarez, the truth comes out in the video. The Federal Reserve has NO Gold interest whatsoever. Then the question is, what real asset […]

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History Month: Michael Maloney On Gold & Silver Historical Trends

It is crucial to understand where we’ve come from to have an idea of where we’re going. Michael Maloney is a Gold and Silver historian who’s simplified and made it easy to understand the trends that Gold and Silver have been in since the 1900’s and why they’re essential for your portfolio now. If you’re […]

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Chinese going for broke on thorium nuclear power, and good luck to them

The nuclear race is on. China is upping the ante dramatically on thorium nuclear energy. Scientists in Shanghai have been told to accelerate plans (sorry for the pun) to build the first fully-functioning thorium reactor within ten years, instead of 25 years as originally planned. “This is definitely a race. China faces fierce competition from […]

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Petrodollar Alert: Putin Prepares To Announce "Holy Grail" Gas Deal With China By Tyler Durden

If it was the intent of the West to bring Russia and China together – one a natural resource (if “somewhat” corrupt) superpower and the other a fixed capital / labor output (if “somewhat” capital misallocating and credit bubbleicious) powerhouse – in the process marginalizing the dollar and encouraging Ruble and Renminbi bilateral trade, then […]

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China, India back President Putin in Crimean reunification with Russia

Moscow vetoed the resolution, while Beijing abstained. This step wasn’t seen by mass media as clear support for the Crimean reunification and even deemed as a ‘slap in the face’ for Russia by Western diplomats. Yet, the step by Beijing was considered as clever and politically far-seeing. China wasn’t able to veto the resolution on […]

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Global Funds Double China Bond Holdings as Default Starts

Foreign investors boosted purchases ofChina’s onshore bonds by 16 percent this year as some funds look at theyuan’s drop as a buying opportunity. They increased their holdings to a record 384.1 billion yuan ($62 billion) as of Feb. 28 from 331.9 billion yuan at the end of 2013, according to data from China Central Depository & […]

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S&P Dims Outlook on Russia to 'Negative' on Geopolitical Jitters

Hours after President Obama threatened to sanction key sectors of Russia’s economy, Standard & Poor’s downgraded its outlook on Russia on Thursday to “negative” amid fears over the economic fallout of the deteriorating geopolitical situation. The move by the ratings company underlines the financial ramifications of Moscow’s annexation of Crimea, which has slammed Russia’s equity […]

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Russia Warns It May Play The 'Iran Card' Over Ukraine Sanctions

A senior Russian diplomat signaled a possible shift Wednesday in Russia’s position on the ongoing Iranian nuclear talks amid tensions with the United States and other Western countries, according to The Associated Press. Russian Deputy Foreign Minister Sergei Ryabkov was quoted by the Russian news organization Interfax as saying the recent sanctions announced by the European Union […]

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Bankruptcy looms

One more possible bankruptcy is looming in China as the largest private steel maker in Shanxi has failed to repay debt totaling 3 billion yuan (HK$3.75 billion) on time. “Highsee Group’s 3 billion yuan debt was overdue last week,” the 21st Century Business Herald reported yesterday. “The company is running in red, and has failed […]

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The Federal Reserve Seems Quite Serious About Tapering – So What Comes Next?

Will this be the year when the Fed’s quantitative easing program finally ends? For a long time, many analysts were proclaiming that the Fed would never taper. But then it started happening. Then a lot of them started talking about how “the untaper” was right around the corner. That hasn’t happened either. It looks like […]

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