Bank deposits are neither safe nor sacred. More financial disasters are inevitable and imminent. Your standard of living is likely to decline. Governments, agencies, and bankers are preparing for more confiscations. Plan on it! Buy gold and silver and remove it from the banking system.
The primary trend has been confirmed in the past month through various signals. At the same time, a heroic battle is going on by central planners to suppress natural market forces which is blatantly visible in the gold market. Related to gold, we have witnessed historic extremes in the past couple of weeks.
Cyprus made us clear that our money on the bank is not our money, it is the bank’s money. Moreover, there is more debt in the world than there are assets to pay, so somebody has to pay for the debts. Those are the key thoughts about Cyprus by Bob Moriarty.
This article proves how paper silver (i.e. silver futures market) has been able to cap the silver price despite exceptional strength in the physical silver market. The first quarter of 2013 revealed this great disconnect based on publicly available data. Besides, silver expert Ted Butler calculates an historic concentration of short positions by JP Morgan allowing the bank to control the silver price.
The Cypriot case is all over the place, in all types of media. However, it is amazing how the following simple facts remain underexposed. It is one thing to look at the news; it is another thing to look at the learning that comes out of the news. For those who are willing to see, here is what Cyprus is teaching the whole world about money, the debt crisis and gold.
A short but powerful documentary shows the similarities between the evolution towards the hyperinflationary period in the Weymar Republic in 1923 / 1924, and the USA today. The similarities appear to be striking!
Major news hit the wires on Saturday March 16th. Cyprus, although a very small island in Southern Europe, is the next country to announce a bailout of their banks. European officials and the government in Cyprus worked out a deal in which depositors become part of the bailout: every depositor of a bank in Cyprus will be charged a “one-time fee” of either 6.75% (for deposit less than 100,000 euros) or 9.9% (for deposits exceeding 100,000 euros). Source: Reuters. More facts related to this crucial event: The rescue package by the EU and IMF is worth 10 billion euros ($13 billion). The government stated that this bailout deal was a […]
The Austrian view on economics – many know it from the surface, but a minority has studied the principles. This article explains the basics and applies it to today’s economy. It appears that the world could avoid a lot of suffering by applying the sound principles of Austrian economics.
n this article, we summarize the key principles for gold investors. It helps focusing on the fundamental reason why they have chosen to own PHYSICAL gold and silver. Especially in times like these, where the media is using every bit of news against the precious metals, where almost all major financial institutions revise their gold forecasts downward, and where the number of statements that the gold bull market has ended is countless.
“What’s the plan from the best and brightest of our politicians, economists, and central bankers? Two words: Infinite Borrowing.” It is your choice: Believing “Juncker Moments” or increasing your gold and silver investments? My vote is for gold and silver.
Nobody can make money by listening to noise. People should learn where to get the real signals. If you look at the XAU over gold chart it is lower now that in 2008, but the fundamentals of gold and silver are much better; people can buy gold shares as if gold stood at 600 dollar and silver at 18 dollars an ounce.
Gold goes where the money is; it came to the United States between World Wars I and II, and it was transferred to Europe in the post-war period. It then went to Japan and to the Middle East in the 1970s and 1980s and currently it is going to China and also to India.
Today, the West and its bankers are desperately hoping to prevent a hyperinflationary collapse of paper money should confidence in fiat paper money evaporate. Russia and China, however, are preparing for that very day; they are stockpiling gold as fast as they can in anticipation of a coming currency crisis triggered by the West’s increasingly suspect paper money.