LATEST NEWS : Silver at 'bargain levels' – Phillips

Gold Today – The gold price closed at $1,221.60 down $13.90 on Wednesday in New York. In Asia and London, gold prices recovered slightly to $1,224. The gold price was Fixed at $1,223.00 down $13.50 and in the euro at €949.609 down €4.628, while the euro was slightly much weaker at $1.2879. Ahead of New […]

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LATEST NEWS : Dirty Secret of $1 Trillion Loans Is When You Get Your Money Back

Imagine a trillion-dollar market that runs on faxes and phone calls while routinely tying up investors’ money for months before they get any return. That’s not fiction: It’s the unregulated market for leveraged corporate loans. In a financial system that is increasingly automated, the origination and trading of loans is in the relative dark ages […]

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015: How To Create A Gold & Silver Savings Account

In the last episode I talked about which 3 asset classes you want to be invested in. In this episode I want to talk about how you can create a simple and effective Gold & Silver savings account. Regardless of how much money you want to invest, $50 a month or $10,000,000, this is an […]

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LATEST NEWS : Economic Policy Treats Symptoms, Not Underlying Causes

Take a look at the breathtaking array of government policies designed to fix every conceivable problem citizens might encounter. Look at the laws governing labor unions, minimum wage laws, occupational licensure, unemployment insurance, stimulus spending; look at the endless efforts to improve education through government standards, mandatory testing, earlier and earlier induction of children in […]

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LATEST NEWS : China advances launch of international gold exchange

China will launch its international gold exchange 11 days ahead of schedule, sources said on Tuesday, racing ahead in the scramble to set up an Asian bullion benchmark as rival Singapore is forced to delay its gold contract due to technical issues. Asia, home to the world’s top two gold buyers – China and India, […]

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LATEST NEWS : Investigators turn bankers into informants in forex probe – WSJ

U.S. investigators have turned several bank employees into informants to gather evidence against some of their colleagues in the probe of possible manipulation of currency markets, the Wall Street Journal reported, citing people familiar with the matter. Britain’s Financial Conduct Authority (FCA) and U.S. regulators are investigating allegations that dealers at major banks colluded and […]

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LATEST NEWS : Keynes was a failure in Japan – No need to embrace him in Europe

Draghi’s volte-face two weeks ago has emboldened the Keynesian majority in the media and in economic research departments. It has injected new life into their relentless campaign for yet more state intervention in the Eurozone economy. It wasn’t anything the ECB actually did (or announced) that initiated this new euphoria. As usual, the measures fell […]

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LATEST NEWS: China + Russia v USA + Europe

China has aligned itself with Russia as often an ally in the international arena. China has made it known that it stands ready to use the right of “veto” any decision of the UN Security Council on the situation in Ukraine directed against Russia. To a large extent, our sources have been highlighting the outrage […]

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LATEST NEWS : World waits for white smoke from U.S. Fed

The U.S. Federal Reserve may give clearer hints on when it will hike the cost of borrowing in the United States in the coming week, as struggling Europe braces for a tight vote in Scotland on whether to leave the United Kingdom. continue reading at reuters.com

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LATEST NEWS : Paul Craig Roberts Accuses US Banks Of Gold & Silver Smash

“So one more or less has to conclude that the Federal Reserve is worried about the dollar.  Why would it be worried about the dollar right now?  Well, we know that one effect of the sanctions on Russia has been to move Russia out of the dollar payment system.  And they (the Russians) have made […]

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