There was a big sell-off in the COMEX silver market this week. But what was really happening on the physical level, and were investors actually buying or selling?Find out in this week's physical silver and gold market update with Andy Schectman of Miles Franklin!Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals.Read More
Oh look, more "See, I told you so!" :-)Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea Party movement. His website is The Market Ticker. Read More
Gold's slight correction of 3.99% this week doesn't say much. But the $170/oz. decline in about 24 hours certainly did get my Continue...Read More
Over 30 million people lost their jobs between mid-March and mid-May, while the wealth of America's 600+ billionaires ballooned by $434 billion. How did this happen?Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). I...Read More
"The rate at which the Federal Reserve is printing money is going to basically eviscerate the retirement prospects of the vast majority of Americans."Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major...Read More
"It's not only the MTA that gets screwed - it's millions of people who commute here and work in the region," he said. "It's the entire New York City regional economy that will be screwed."Continue...Read More
*This interview was recorded on August 16thJim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between...Read More
Who killed Father John Kaiser? A question the Catholic Church is still grappling with 16 years after the death of the American priest.The church says the current and previous governments have shown no interest in finding the killers of the priest. Father Kaiser's body was found at MO-RE-ND-AT in Nakuru County and to date it is believed that his active involvement in the advocating for the rights o...Read More
Stephen Nano, CEO of Mirasol Resources sits down with Maurice Jackson of Proven & Probable (http://www.provenandprobable.com/) to discuss the virtues of Prospect Generation, the most recent press release regarding the Claudia Gold-Silver Project' ., and some of the unique features that makes Mirasol Resources one of the hand-picked exhibitors for the Sprott Natural Resource Symposium in Vancouve...Read More
Scott Close of Eurasian Minerals sits down with Maurice Jackson of Proven and Probable to discuss the virtues of partnering and owning shares in one of the industry's premier Prospect Generators. Specifically, Mr. Close outlines the business model for Eurasian Minerals and how they have earned the distinction of being identified as a Royalty Generator. In addition, value investors will learn about...Read More
Moody's Investors Service has injected some fresh optimism into the global mining industry by changing its outlook for base metals to stable from negative, which basically means it believes prices for aluminum, copper, nickel and zinc have already bottomed out."We view prices for base metals as having likely bottomed following the sharp decline beginning late last year, and consequently we have re...Read More
This U.S. Bank Is About to Relive the 2008 Derivatives Nightmare ... Deutsche Bank AG (NYSE: DB) - with its stock now trading at a 30-year low - was recently called the world’s riskiest financial institution by the International Monetary Fun … In a last-ditch effort to save itself, DB is trying to dump a bucket load of credit derivatives … You would think no one would buy the...Read More
China to play greater role in Syria while US 'left out' ... Are we seeing the start of a new anti-Islamic State coalition with Russia, Iran and China's involvement in Syria? How could it influence the balance of power in the region? What reaction could be expected from the West, particularly from the countries involved in Syria? -RTThe organization of a larger war continues to become apparent. It...Read More
BRIEFGet ready for the era of The Bitch ... If Hillary Clinton wins the White House in November, it will be a historic moment, the smashing of the preeminent glass ceiling in American public life. - Atlantic (here)This Atlantic article promotes the idea that many men will be angry with President Hillary because of her gender.This is its ultimate point, even though to begin with the article fairly...Read More
BRIEFEvery Month This Year Has Been the Hottest in Recorded History ... On Wednesday, the US National Oceanic and Atmospheric Administration (NOAA) announced that July was the hottest month ever recorded on our planet, since modern record-keeping began in 1880. -Motherboard (here) Once again, as almost always it seems, we are confronted with "facts" about global warming.The point of such propa...Read More
BRIEFRyan Lochte, Jimmy Feigen, Gunnar Bentz and Jack Conger's celebratory night out in Rio continues to get weirder. First the group said they were mugged in a taxi. Then the story changed to include a stop at a gas station restroom. Now authorities have focused on the gas station restroom and there is apparently security footage that shows one of the swimmers "breaking down" a door and "fighting...Read More
BRIEFFake human sacrifice filmed at Cern, with pranking scientists suspected … Scientific users' of the Geneva facility 'let their humour go too far' with staging of occult rite ... The video, which circulated online, shows several individuals in black cloaks gathering in a main square at Europe's top physics lab, in what appears to be a re-enactment of an occult ceremony. The video includ...Read More
BRIEFUS moves nuclear weapons from Turkey to Romania ... Two independent sources told EurActiv.com that the US has started transferring nuclear weapons stationed in Turkey to Romania, against the background of worsening relations between Washington and Ankara.- Euractiv (here)Always the nukes.Whenever there is military tension anywhere in the world that involves the US, it often involves the nucle...Read More
This U.S. Bank Is About to Relive the 2008 Derivatives Nightmare ... Deutsche Bank AG (NYSE: DB) - with its stock now trading at a 30-year low - was recently called the world’s riskiest financial institution by the International Monetary Fun … In a last-ditch effort to save itself, DB is trying to dump a bucket load of credit derivatives … You would think no one would buy the...Read More
China to play greater role in Syria while US 'left out' ... Are we seeing the start of a new anti-Islamic State coalition with Russia, Iran and China's involvement in Syria? How could it influence the balance of power in the region? What reaction could be expected from the West, particularly from the countries involved in Syria? -RTThe organization of a larger war continues to become apparent. It...Read More