Gold and pirates have always been a potent combination, an exotic mix capable of instantly firing up the imagination about rum chugging roughnecks sailing the open seas with ships full of ill gotten loot. Buried treasure with elaborate maps, traps, and curses are all part and parcel of any good pirate tale, but just how … Continue reading The truth behind pirate gold
India has enjoyed a long and colorful relationship with gold for thousands of years and remains one of the few societies which still recognizes the power gold has in protecting ordinary citizens from the wealth destroying and inflationary policies of government. Perhaps no better evidence of this stubborn appreciation for the yellow metal lies in … Continue reading Indians Refuse to Give up Their Gold
Thanksgiving is just around the corner, a time of for sending prayers of thanks and appreciation for the “harvest” of the previous year and for counting the blessings of being surrounded by the people we love. It is a magical time of year and one which celebrates some of the core values and principles that … Continue reading Thanksgiving Just Around the Corner
The worldwide assault on the average worker and middle class lifestyle is gathering at a furious pace – and while ordinary Americans are facing a marked deterioration in their everyday standard of living it would seem that those in Europe are getting it far far worse. Europe has been no stranger to negative headline in … Continue reading Europe’s blueprint for destroying the wealth of the middle class
One of the most important, if not totally obscure pieces of legislation regarding the reform of the Federal Reserve could be debated by lawmakers in the next few days, opening up a new era of increased scrutiny over how the Fed implements monetary policy. Critics of the proposed “FORM” bill (Fed Oversight Reform and Modernization … Continue reading The most important piece of financial legislation that you have never heard of!
Markets worldwide have been enduring volatile price action in response to the tragic events which unfolded in Paris over the weekend where 129 innocent civilians were killed and scores more were seriously injured in a series of coordinated terrorist attacks. While the exact motives and rationale behind the attack have yet to be established, it … Continue reading The Gathering Storm
Inflation is under control* (except for the prices of anything useful) Official inflation data released by the Bureau of Labor and Statistics came in broadly in line with analyst expectations, with headline CPI rising 0.2 percent in October, the first rise in over two months on signs that energy and gasoline prices are finally beginning … Continue reading Inflation is Under Control
Sales of physical bullion coins and bars in the United States soared in the third quarter, posting their highest level of growth since 2010 as investors rushed to take advantage of knockdown prices and to secure some form of insurance against the increasingly murky intentions of the Federal Reserve. US consumers stocked up on 33 … Continue reading US gold investors are back with a bang in the third quarter
US banks are finding themselves increasingly at risk to deteriorating credit conditions in the Energy sector according to a consortium of financial institutions responsible for regulating the industry. Tucked away deep in the pages of a little known report called the Shared National Credit (SNC) Review, are growing concerns that banks may have overextended credit … Continue reading How Safe are our banks?
The odds of a December interest rate rise have been shortening in recent days, largely on the back of Fed chair Janet Yellen’s unexpectedly hawkish testimony on Capitol Hill. Speaking in front of the House FInancial Services Committee, Yellen announced that a December hike was still very much a “live possibility” – a remark which … Continue reading Entering the Inflation Twilight Zone