What Stage Are We At? Mike Maloney and Ed Steer

"It's going to go far far higher because of this healthy shakeout that we've got" - Mike Maloney on the silver market, June 2014.

Play Video marc faber on markets, money printing and gold July 24, 2014 - 07:19:10 PDT

Marc Faber on Markets, Money Printing and Gold

Gold is traditionally seen as a safe haven asset and a hedge against inflation during times of economic turmoil. It has risen around 8 percent this year to $1,308 per ounce amid heightened geopolitical tensions in the Middle East and Ukraine. Read More »

social security's $300million distribution computer doesn't work July 24, 2014 - 10:42:26 PDT

Social Security's $300Million distribution Computer doesn't work

After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can't get it to work. n the meantime, people filing for disability claims face long delays at nearly every step of the ... Read More »

fed hubris - central bank ignores that it is on thin political ice July 24, 2014 - 10:32:35 PDT

Fed Hubris - Central Bank Ignores That It is on Thin Political Ice

A shot across the Fed’s bow from Simon Johnson, former IMF chief economist and bank critic, on the surface looks to be a good bit of news. Johnson, in a recent Project Syndicate article, warns that the notoriously cloistered central bank is overly co... Read More »

how government uses “efficiency” as an excuse to steal - mises July 24, 2014 - 10:18:19 PDT

How Government Uses “Efficiency” as an Excuse to Steal - Mises

In a nutshell, this means that the “winners” gain more than the “losers” lose, so that the winner could potentially compensate the loser enough that they would both come out ahead. Read More »

this time is not different - why the market is heading for a fall July 24, 2014 - 10:08:24 PDT

This Time Is Not Different - Why The Market Is Heading For A Fall

....& unlike past cycles where safety net programs like food stamps shed recipients as the recovery gained momentum, there are still nearly 47 million Americans in the program compared to 30 million in March 2009. Read More »

ukraine's government collapses, pm yatsenyuk resigns July 24, 2014 - 09:58:23 PDT

Ukraine's Government Collapses, PM Yatsenyuk Resigns

Ukraine’s coalition collapsed after two parties quit during a months-long pro-Russian insurgency in the nation’s east that downed a Malaysian Air jet last week. Read More »

the imf's comedy of quarterly errors reveals the biggest hockeystick you have ever seen July 24, 2014 - 09:50:05 PDT

The IMF's Comedy Of Quarterly Errors Reveals The Biggest Hockeystick You Have Ever Seen

Readers are familiar with our quarterly summary of the IMF's laughable forecasts, which we compile after every quarterly release of the fund's World Economic Outlook. Moments ago, the IMF released its latest update [8]for world growth and trade for 2... Read More »

new home sales collapse 20% from may to dec 2012 levels; biggest miss in a year July 24, 2014 - 07:33:10 PDT

New Home Sales Collapse 20% From May To Dec 2012 Levels; Biggest Miss In A Year

New Home Sales in June plunged to 406k vs 504k in May (remember that 504k print was the catalyst for 'weather' is over & the market to surge: it somehow was magically revised lower by more than 10% to only 442K) Now that has soaked in, consider... Read More »

rich french fleeing hollande taxes find sanctuary in portugal July 24, 2014 - 07:23:37 PDT

Rich French Fleeing Hollande Taxes Find Sanctuary in Portugal

“The French president’s taxes are prompting many to flee their country,” Silva, who heads real estate agency Aguirre Newman, said in an interview. “Many of these wealthy French are coming to Portugal to take advantage of a series of tax benefits that... Read More »

bill July 24, 2014 - 07:13:54 PDT

Bill "What Rosy Jobs Numbers?" Simon Is Out At Walmart

This comes just 2 week after Simon questioned the validity of the government's "rosy jobs numbers" on CNBC & several quarters of weak performance at the company (due to a weak economy). Read More »

us manufacturing pmi drops, biggest miss on record July 24, 2014 - 07:08:48 PDT

US Manufacturing PMI Drops, Biggest Miss On Record

new export orders weakened, manufacturing production fell, input costs surged, and employment tumbled to 10-month lows. Read More »

atlantic city’s credit rating cut 2 steps to junk by moody’s July 24, 2014 - 07:00:56 PDT

Atlantic City’s Credit Rating Cut 2 Steps to Junk by Moody’s

“The downgrade to Ba1 reflects the city’s significantly weakened tax base, revenue-raising ability & broader economic outlook,” analysts Vito Galluccio and Julie Beglin said in the statement. “These result from ongoing casino revenue declines, ex... Read More »

the beijing bubble - will china's housing addiction damage the global economy? - chris whalen July 24, 2014 - 06:53:33 PDT

The Beijing Bubble - Will China's Housing Addiction Damage the Global Economy? - Chris Whalen

"The sad fact is that much of the housing construction activity in China over the past several years was neither rational in economic terms, nor sustainable in terms of basic financial mechanics." Read More »

u.k. talks on currency-rigging settlement accelerate July 24, 2014 - 06:25:02 PDT

U.K. Talks on Currency-Rigging Settlement Accelerate

Talks to reach the first settlement in the currency-rigging probe are accelerating, with Britain’s markets regulator preparing to reach a deal with a group of banks this year, people with knowledge of the situation said. Read More »

escaping the rat-race - charles hugh smith July 24, 2014 - 06:26:25 PDT

Escaping the Rat-Race - Charles Hugh Smith

The changing nature of work doesn’t just matter to new graduates seeking their first career-track job—it’s equally important to experienced workers seeking to escape the corporate rat-race or build a new career after a layoff. Those who understand th... 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.™ 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.

Lasting Food
Guide to Investing in Gold & Silver Book Mike Maloney