Clik here to view.
Physical Gold Demand Remains High
Physical gold demand remains high, futures push prices up. Bloomberg reported earlier this week that the central banks of Russia and Kazakhstan added substantially to their gold holdings in defiance of...
View ArticleNowhere to Hide
Reuters reported earlier this week that the Swiss parliament is considering a bill that would sidestep its famed Secrecy Laws of 1934 and permit Swiss banks to disclose data on deposits to U.S....
View ArticleWhy Student Loan Debt Will Crush the Recovery
Last week, US News & World Report’s money blog noted the Federal Reserve Bank of New York’s recent ominous findings: Student loan borrowers, facing mounting debts and diminished prospects for...
View ArticleGood Riddance to Fannie & Freddie
Fannie Mae and Freddie Mac, the massive mortgage giants that own or guarantee over half of all mortgage loans in the U.S., may finally be headed for that great by-and-by. In an unexpected display of...
View ArticlePippa Malmgren’s “Insider” Guidance: Buy Gold Now
Robert Wenzel over at Economic Policy Journal had an interesting post yesterday about comments made by Dr. Philippa “Pippa” Malmgren about the recent fizzling of spot gold. Malmgren has an uncommonly...
View ArticleThe Bears Devour Abenomics
The Financial Post reported Japanese stocks falling below 13,000 for the first time in two months. 12,754 would signal a return to bear territory. All this despite the news from Japanese Prime Minister...
View ArticleGreenspan: Taper Away!
Taper now! Taper with all you’ve got! This is the message — more or less — from former Federal Reserve chairman Alan Greenspan in an interview today with CNBC. “The sooner we come to grips with this...
View ArticleEurozone to Greece: You’ve Got 3 Days
This should go well. Reuters reports: “Greece has three days to reassure Europe and the International Monetary Fund it can deliver on conditions attached to its international bailout in order to...
View ArticleGold: Wait For the Bottom
If you’re watching spot gold today, I hope you’re sitting down. The dizzying price fluctuations over the last few days seem to be continuing, with spot reaching $1,259 today after having crashed to a...
View ArticleThe Trouble With The U.S.’s Return to “Prosperity”
“U.S. Bond Yields Soar on Strong Job Growth” was the Financial Times headline earlier today. “U.S. Economy Gains a Robust 195,000 Jobs, Topping Expectations,” declared the Christian Science Monitor....
View Article“Multibillion-Dollar Consequences” for U.S. Businesses
While the U.S. waits for its best opportunity to snag Edward Snowden in transit, European businesses are likely to shut down relationships with American Internet service providers to avoid being spied...
View ArticleBlack Markets Aren’t Just for Pimps and Drug Dealers
What went wrong in Egypt following the Arab Spring? In a word: Everything. After his election as president of Egypt in 2012, Mohamed Morsi proceeded to ruin the country’s economy in an impressive...
View ArticleClik here to view.
Syrian Pound Hits an All-Time Low
Egypt isn’t the only Middle Eastern country getting rocked by inflation. The “official” inflation rate in Syria is 36.43%. That alone is devastating. But Steve Hanke writing for the Cato Institute says...
View ArticleWhy Gold Will Make a Comeback
You might be tempted to think that the global economy is recovering, the dollar strengthening and gold will finally sink into obscurity. Think again. Central bankers like Ben S. Bernanke may tell you...
View ArticleThe Top 5 States for Doing Business
Every year, MSN Money puts together a list of the best states to do business in. They use 50 metrics in 10 categories of competitiveness, including cost of doing business, economic strength,...
View ArticleClik here to view.
Jim Rogers: Gold Prices May Face a “Complicated Bottom”
In an interview with Kitco’s Daniela Cambone, Jim Rogers stated that he doesn’t think gold has found a bottom. “I bought a little more at $1,200 just in case, but I don’t think we made the final...
View ArticlePity the Fool Who Holds the Dong
Vietnam has dealt with inflation for many years. Many individuals have stored their wealth in gold bullion. The local currency, the dong, has floundered. As a result, the gold trade has flourished for...
View ArticleDoug Casey: Get Your Money out of the Country
Doug Casey, founder of Casey Research and Daily Reckoning contributor, granted an interview to FutureMoneyTrends.com at FreedomFest in Las Vegas last weekend, sounding dire warnings about the future of...
View ArticleHow Often Are Fed Forecasts Wrong? Pretty Often
Federal Reserve chairman Ben Bernanke gave testimony today on the future of the Fed’s easing program. “The current pace of purchases could be maintained for longer,” Bernanke warned. He cautioned that...
View ArticleClik here to view.
Don’t Bother Saving Anymore
Don’t bother saving, Ben Bernanke told Congress one Wednesday, echoing a message the Fed has been sending to the middle class for 15 years. The zero interest rate policy (ZIRP) has been discouraging...
View Article
