Survey: Is a Silver Supply Shortage on the Horizon?

It’s in part because of those many uses that some silver market watchers think at some point — perhaps in the near future — demand for the metal will exceed supply, creating a shortage. Andrew Chanin, co-founder of the PureFunds ISE Junior Silver ETF (ARCA:SILJ), is one person who believes that’s what’s in the cards. He told Silver […]

Continue reading

Monster Silver Rally Brewing

On silver’s 1-year chart we can see that a fine large Double Bottom is completing. We already had the breakout on good volume from the 2nd trough of this Double Bottom in the middle of February, and it was this event that has (rightly) caused traders to pile into silver, although the price hasn’t moved much […]

Continue reading

Have Governments & Central Banks Bankrupted The West?

The current economic “recovery” and stock market rally have many similarities to Mr. Anderson’s work.  The underlying fundamentals behind the S&P 500’s 180% advance since March of 2009 should be blatantly recognized as phony, even to a child.  Yet traders and economists appear to willingly overlook the nakedness of it all. There has been a […]

Continue reading

State TV says Russia could turn US to 'radioactive ash'

Moscow (AFP) – A leading anchor on Russian state television on Sunday described Russia as the only country capable of turning the United States into “radioactive ash”, in an incendiary comment at the height of tensions over the Crimea referendum. “Russia is the only country in the world realistically capable of turning the United States […]

Continue reading

German Exporters Fire Warning Shot About Russia “Sanction-Spiral,” Banks At Risk

It took a while. But it had to come, the public warning shot – after what must have been a ferocious lobbying campaign behind closed doors. No one in Germany is allowed to get in the way of the sacrosanct exporters. The German economic model, to the chagrin of neighboring countries, is based on them. It wasn’t […]

Continue reading

Foreigners Sell A Record Amount, Over $100 Billion, Of Treasurys Held By The Fed In Past Week

A month ago we reported [9]that according to much delayed TIC data, China had just dumped the second-largest amount of US Treasurys in history. The problem, of course, with this data is that it is stale and very backward looking. For a much better, and up to date, indicator of what foreigners are doing with US Treasurys […]

Continue reading

Precious Metals Prices To Rise As The U.S. Economy Disintegrates

As the U.S. economy continues to disintegrate, increasing numbers of investors will be forced to move out of paper assets and into physical gold and silver to protect their wealth.  At first the move will be slow, but as Americans wake up from four decades of fiat monetary amnesia, it will turn into a torrent. Unfortunately, there won’t […]

Continue reading

Russia Touches U.S. Achilles Heel: Petrogold instead of Petrodollar

The US government feels the need to intervene in the Russian issue with Ukraine. If it wasn’t for an economic reason, nobody could come up with a valid argument explaining what the US has to do with a former USSR geopolitical issue. Is it really true that US policy makers leverage these “opportunities” as they […]

Continue reading

Debtor nation: Americans pay interest on $163 billion held by top tech firms overseas

United States taxpayers make large interest payments to the top four technology firms for the $163 billion in US government debt the companies own and shelter in tax-free offshore accounts. United States taxpayers make large interest payments to the top four technology firms for the $163 billion in US government debt the companies own and […]

Continue reading

N.Z. Raises Key Rate to Become First Developed Nation to Tighten

New Zealand raised its key interest rate, the first developed nation to exit record-low borrowing costs this year, and said it plans to remove stimulus faster than previously forecast to contain inflation. “It is necessary to raise interest rates toward a level at which they are no longer adding to demand,” Reserve Bank of New Zealand […]

Continue reading