LATEST NEWS : Gold American Eagle Bullion Coin Sales Soar 37% in June – Will Gold Outperform Stocks in 2014?

Sales of the US Mint American Eagle gold bullion coins soared in June to 48,500 ounces from the previous month of May during which sales totaled 35,500.  Demand for gold bullion coins, however, has been relatively soft compared to previous year. continue reading at goldandsilverblog.com

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LATEST NEWS : How the International Monetary Conference Helped Fuel the 1980s Debt Crisis

The 1980s debt crisis erupted when Mexico announced in 1982 that it could no longer service its debts to Western, and primarily American, banks. This resulted in a crisis that quickly spread across Latin America, Africa and parts of Asia. The oil price rises of the 1970s had led to a surge in revenues for […]

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The Global Economy’s Ticking Debt Bomb is About to Explode

As the dust settles in the iron ore and copper markets (both metals enjoyed a rise overnight) let’s take a step back and assess the damage. Both metals are heavily involved in China’s credit bubble. That is, traders, speculators and whoever else wanted in on the action would effectively ‘monetise’ their copper/iron ore holdings and then […]

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The beginning of the end for the "petrodollar"?

“Numerous reports point out that Saudi Arabia has been one of the main forces pushing the US for a military intervention in Syria. Prince Bandar bin Sultan, the chief or Saudi intelligence, has offered to pay Washington for all expenses incurred during the intervention and some reports claim that he has threatened Vladimir Putin with […]

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Since When Did Financial Freedom = Going More Into Debt?

Watch this funny video: This video really highlights the nonchalant attitude there is to the debt situation. It really personalises it home, to an individuals perspective for people. The scariest part about this, is that even though it’s in humour, it is FACT. Everything in this video is fact. The US debt situation IS really […]

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