LATEST NEWS : Spreading deflation across East Asia threatens fresh debt crisis

Deflation is becoming lodged in all the economic strongholds of East Asia. It is happening faster and going deeper than almost anybody expected just months ago, and is likely to find its way to Europe through currency warfare in short order. Factory gate prices are falling in China, Korea, Thailand, the Philippines, Taiwan and Singapore. […]

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LATEST NEWS : Worst Shortage In Precious Metals In A Decade

In the past you would only read about a shortage of silver on specialized websites, but the fact that the US Mint is now without silver to mint the popular Silver Eagle made headlines on CNBC and Reuters. Meanwhile the shortage is increasing in silver and gold and the Gold Forward Offered Rate is at […]

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LATEST NEWS : UPDATE 1-Clear attempt to manipulate precious metals benchmarks at UBS-FINMA

Swiss regulator FINMA said on Wednesday that it found a “clear attempt” to manipulateprecious metals benchmarks during its investigation into precious metals and foreign exchange trading at UBS. The benchmark known as the gold “fix” is used to ascertain reference prices twice daily for the precious metals industry. Along with other precious metal benchmarks, it […]

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LATEST NEWS: China hoarding gold to challenge U.S. dollar?

In a world filled with fiat currencies, how important is gold’s role in the financial system? Proponents often view the precious metal as a hedge against economic chaos, while critics typically claim gold is hardly more than an unproductive rock. Interestingly, some countries appear to believe gold is quite important, and one former Fed chair […]

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LATEST NEWS: Predictors of ’29 Crash See 65% Chance of 2015 Recession

In 1929, a businessman and economist by the name of Jerome Levy didn’t like what he saw in his analysis of corporate profits. He sold his stocks before the October crash. Almost eight decades later, the consultancy company that bears his name declared “the next recession will be caused by the deflating housing bubble.” By […]

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LATEST NEWS : Russia may ban circulation of US dollar

The State Duma has been submitted a relevant bill   Moscow. Farid Akbarov – APA. Russia may ban the circulation of the United States dollar. The State Duma has already been submitted a relevant bill banning and terminating the circulation of USD in Russia, APA’s Moscow correspondent reports. If the bill is approved, Russian citizens […]

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LATEST NEWS : The Economy Of The Largest Superpower On The Planet Is Collapsing Right Now

How do you fix a superpower with exploding levels of debt, that has a rapidly aging population, that consumes far more wealth than it produces, and that has scores of zombie banks that could collapse at any moment.  You might think that I am talking about the United States, but I am actually talking about […]

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LATEST NEWS : Finance experts call for a new global financial order at Beijing conference

On Nov. 5, top financial experts concluded a conference held in Beijing, China to discuss economic reforms and how the current global financial system could be adapted or changed to function in a rapidly evolving monetary environment. Members of a Chinese think tank, along with the former President of the European Central Bank, Jean-Claude Trichet, […]

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LATEST NEWS : Pricing Gold in the Real World

As we see the price of gold and silver dragged lower once again in our Hostage Markets; a reality-check is badly needed – since we certainly get no reality from the Corporate media. However, while the mainstream media provides no “reality”, it does provide consistency. As any knowledgeable reader already knows; gold (and silver) is […]

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LATEST NEWS : Euro Area Limping Toward Deflation Fuels QE Calls as ECB Meets

The euro area is edging closer to the moment that deflation risks become reality. Companies cut selling prices by the most since 2010 as they attempted to boost sales in the face of a flagging economy and slowing new orders, Markit Economics said today. This in turn is squeezing profit margins and reducing resources for […]

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