LATEST NEWS : Spike for Silver Prices Ahead? This Options Activity Suggests So

After rising as much as 16% earlier this year, silver prices are now nearly unchanged year to date. They’re up just 0.2%, while gold has gained 7.2%. The silver price isn’t the only number that’s lagging… Silver’s option activity sits near a decade low. That’s highly unusual – and won’t last. In fact, the low […]

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LATEST NEWS : The bubble expands: “no money down” loans come to Asia

Remember all of those credit card and loan offers you used to receive in the mail? 60000 loan Bad credit? No credit? No problem.  0% APR for the first six months. Free balance transfers. No money down. And my personal favorite– no credit check. These were all classic signs that the mother of all liquidity […]

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LATEST NEWS : Evans-Pritchard: ECB's Embrace of Deflationary Policy Means 'Mass Unemployment'

The European Central Bank (ECB) is pursuing a deflationary policy that spells trouble for the eurozone economy, says Ambrose Evans-Pritchard, a columnist for The London Telegraph. “The ECB has failed to meet its 2 percent inflation target or to comply with its other Treaty obligation of supporting jobs and growth,” Evans-Pritchard writes. “It admits that this inflicts […]

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LATEST NEWS : Kevin Kerr: Not buying gold now is ‘somewhat foolish’

The Russian invasion of Ukraine is only one of many reasons behind higher prices for gold, according to a post by ITrustGold Editor Kevin Kerr that appeared in its 2014 Gold SuperCycle Report. The Russian invasion of Ukraine is only one of many reasons behind higher prices for gold, according to a post by ITrustGold Editor […]

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LATEST NEWS : China Calls Iran a ‘Strategic Partner’

On Monday China and Iran agreed to deepen defense ties, according to Chinese state media. The announcement was made following a meeting between Chinese Defense Minister Chang Wanquan and his Iranian counterpart, Hossein Dehqan. According to Reuters, which quoted a report in Xinhua News Agency, China said that bilateral relations “remained positive and steady, featuring frequent high-level […]

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LATEST NEWS: Draghi Keeps Rates on Hold as ECB Waits for Price Signals

The European Central Bank kept interest rates unchanged, giving itself more time to gauge whether the euro-area recovery has reignited inflation. The 24-member Governing Council, meeting in Brussels today, left the main refinancing rate at a record low of 0.25 percent. The outcome was forecast by 56 of 58 economists in a Bloomberg News survey. ECB President Mario Draghi will […]

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LATEST NEWS : Initial Claims Drop But Alaska & New Jersey Remain Top Of "Insured Unemployed" List

The total number of people claiming benefits in all programs for the week ending April 19 was 2,832,693, an increase of 10,353 from the previous week (on an unadjusted basis) but the headlines will gloat of the drop in initial claims after last week’s rather disturbing spike (which temporarily destroyed the pent-up demand post-weather meme). Initial […]

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LATEST NEWS : Russia can switch to payments with India, China in national currencies crushing dollar amid sanctions – experts

Experts believe that the wish of the West to restrict Moscow’s cooperation with Brussels and Washington will play into the hands of the Russian economy. Wisdom and presence of mind are two components that will guarantee success for a new spiral of Russia’s cooperation with eastern countries. Also, this will allow us to counter-balance the […]

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LATEST NEWS : Fed Chair: ‘Deficits Will Rise to Unsustainable Levels’

Federal Reserve Chairman Janet Yellen, referencing the Congressional Budget Office’slong-term budget projections, told the Joint Economic Committee of Congress today that under current policies the federal government’s deficits “will rise to unsustainable levels.” continue reading at cnsnews.com

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LATEST NEWS : The One Silver Factor The Fiat Monetary Authorities Are Worried About

There is one factor in the silver market that the Fiat Monetary Authorities and Banking Institutions are deeply concerned about. It has to do with controlling the public’s understanding of what is “Real Value” versus “Perceived Value.” While the Fed and its cohorts in the banking industry continue to print money as well as offer […]

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