"Before, they were talking about stress tests. Now, they realize that all of them in the past were a fraud. So, they are talking about 'bail-ins' because they are expecting failures." Dr. Willie contends, "It's all coming to a climax where gold is go...
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the broad US stock markets are approaching a parabolic blow off top and should be sold, and gold and silver are bottoming and should be bought. Read More »
Precious metals were monkey-hammered at their open overnight but staged a miraculous recovery leaving gold with its best gain since June 2012 (didn't hear too much about that on TV?). Credit markets notably under-performed - never managing to get int... Read More »
There is not much doubt in my mind that the antics we saw in the silver, and to a lesser extent gold, markets last night were a classic hit and run, Dr. Evil market play. Read More »
You know that unbacked paper currencies are declining in purchasing power. The path is erratic but clearly lower over the last four decades. You want to protect your purchasing power – you have a MOTIVE to own gold instead of owning devaluing currenc... Read More »
Japan posted 0.9pc quarter-to-quarter growth in the three months through March, during which time Prime Minister Shinzo Abe took charge with a platform that has featured ramping up money supply and intense fiscal stimulus. Read More »
That's right: there is a possibility the Fed would end up owning over two-thirds of all Treasurys with a maturity over 6 years by the end of 2014, especially now that the US suddenly needs to issue less primary debt than expected previously. Read More »
Hong Kong Mercantile Exchange to Close Monday, Gold and Silver Paper Contracts will have Cash Settlements
The voluntary surrender decision was made to enable the Exchange to re-align its strategy with the new industry environment since its trading revenues have not been sufficient to support operating expenses and, as a result, its inability to meet the ... Read More »
The very purpose of the IRS is to transfer wealth from one group to another while violating our liberties in the process, thus the only way Congress can protect our freedoms is to repeal the income tax and shutter the doors of the IRS once and for al...
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It will be interesting to see how many more bullion banks are forced to admit the fiction behind their customer accounts in the coming weeks. For the moment the temporary solution amounts to rationing bullion supplies to the public. Read More »
The announcement by ECB President Mario Draghi to purchase unlimited government bonds to stabilize the euro, Weidmann views, it is the opinion of the Bundesbank with the euro will no longer be a viable currency. Read More »
Citing ‘extraordinary measures’, America’s ticking debt bomb has been reset. Washington has suspended the debt ceiling, setting a date, & not a concrete dollar sum as a deadline, an unprecedented first in US history. Read More »
The member-owned cooperative provides the communications platform to connect more than 10,000 banking organizations, securities institutions and corporate customers in 210 countries. Read More »
Silver futures trading volume 82% higher than 100-day average While the mainstream media will likely be loathed to mention it, gold & silver are surging higher. Gold has retested $1400 & Silver $23 on no news... so it seems the demand for 'ch... Read More »
U.S. policy makers must address debt loads projected to rise later this decade to avoid a 2013 downgrade, raising the U.S. debt limit was among the reasons S&P downgraded the U.S. in 2011, the debt ceiling will likely be raised to avoid a default Read More »
Having the Latest Gold Investment News at Your Fingertips Protects Your Wealth
Do you know where most of the purchasing power in the United States comes from? In addition to reactionary economic policy that drives the printing of new dollars whenever the whim strikes, paper currency extends its reach through fractional reserve banking. In the past, currency had to be borrowed from those who were saving; now, it is stretched to the breaking point. Today, every bank loans out the maximum allowed. When you deposit $10 in a checking account, that bank can loan out all but ten percent. That $9 is passed back into the economy and deposited into another bank; 90 percent of that deposit can again be loaned. Ultimately, a $10 deposit in a checking account creates $100 in fractional currency. A single dollar, in the hands of a modern bank, can become ten or more with fractional reserve lending.
The problem with this type of economic system is that paper currencies always self-destruct. It is worth remembering the mantra: "Cash is trash!" Only precious metals like gold and silver have the ability to adjust their value, and staying up to date on gold investment news properly positions you to be able to protect your wealth. Throughout history, gold and silver automatically revalued to catch up with the changes that have occurred with paper currency, cyclically adjusting based on the amount of currency in existence at any given time. Being attuned to these cycles requires staying on top of gold investment news and picking out the relevant from the noise.
News on gold and silver can also help you pinpoint the right moments to buy and sell precious metals, allowing you to have an active role in your wealth management and financial protection efforts. GoldSilver.com™ is a cycles investors with expertise in measuring both past and current gold markets and silver markets. We provide the latest breaking gold and silver news that will position you to be ready to take immediate advantage of wealth protection opportunities as they arise.
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