"The Government Comes Up With the Money"

I’m half-heartedly watching the State of the Union address right now. What a cynic I’ve become. My younger self would be shocked and saddened to learn how I’ve come to view these annual addresses as little more than a game of charades. The President (not just Obama, but his predecessors, too) reads a carefully and […]

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Don’t Worry – The Government Says That The Inflation You See Is Just Your Imagination

If you believe that there is high inflation in the United States, you are just imagining things.  That is the message that the U.S. government and the Federal Reserve would have us to believe.  You might have noticed that the government announced on Wednesday that the cost of living increase for Social Security beneficiaries will only […]

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How to Take Your Money Out of the Bank Without Going to Prison

“The banking industry is absolute chaos as their criminality is being exposed for the entire world to see. It is now widely known that the derivatives debt is over $1 quadrillion dollars and some of the rank and file in this country are concerned that their bank accounts, 401K’s, IRA’s and pensions will be confiscated […]

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Interest Rate Observer's Grant: Central Bank Folly Will Lift Gold

“James Grant, editor of Grant’s Interest Rate Observer, expects gold prices to rise as a result of the flawed easing policies of central banks around the world. “Gold is the legacy monetary asset. It was there before they printed paper,” he told Yahoo. “The price is the reciprocal of the world’s faith in central bankers. […]

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Interest Rate Observer's Grant: Central Bank Folly Will Lift Gold

James Grant, editor of Grant’s Interest Rate Observer, expects gold prices to rise as a result of the flawed easing policies of central banks around the world. “Gold is the legacy monetary asset. It was there before they printed paper,” he told Yahoo. “The price is the reciprocal of the world’s faith in central bankers. The […]

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Gold Now Beginning Its Long-Awaited Ascent…

“As mentioned in last Sunday’s note, technical gold trader Gary Savage indicated a potential “1-2-3 Reversal” was forming in the miners. This week saw that pattern complete and confirm itself. Based on that confirmation, Gary now expects an explosive move higher over the next few months, in which gold should retest the September 2011 highs.” […]

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The Most Profitable Route For Gold And Silver Bugs

“While much information circulates in our community regarding the impetus to buy gold, there is one classical item which could use attention with respect to the value of buying during corrective periods. That item is the power of dollar cost averaging over time. When one creates and reviews a set of dollar cost averaging numbers, […]

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Rob McEwen: “I See No Reason To Reduce One’s Exposure—But More To Increase One’s Exposure In Gold”

“I had the opportunity yesterday to join McEwen Mining‘s Q2 2013 conference call, led by the founder and former CEO of GoldCorp, Rob McEwen. He is now the CEO, Chairman, and Chief Owner of McEwen Mining. It was an interesting call as usual, with informative commentary on the mining environment in Argentina, and of particular […]

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EU faces double whammy of political turmoil in Italy, Spain

“BRUSSELS, Aug. 2 (UPI) — Europe’s southern eurozone faces the double whammy of political turmoil in Italy and Spain where both governments are at risk of being toppled by corruption scandals. EU officials were reported in urgent consultations with Italian and Spanish counterparts after a tax fraud verdict against former Italian Prime Minister Silvio Berlusconi […]

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The Global Banking System, On the Road to Fragility

“The market has called Bernanke’s bluff. The melt-up is on. After spending the past few months trying to convince the market that the US economy is improving, putting an end to QE and zero interest rates, the market isn’t buying it. It’s seeing more of the same. That is, an economy keeping its head above […]

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