29
Aug
2016

Obama To Leave $20 Trillion Debt Crisis For Clinton Or Trump

President Obama is set to leave a massive near $20 trillion debt crisis for his successor – be that Hillary Clinton or Donald Trump. The U.S. national debt reached $19.5 trillion last week and has been increasing by roughly $1 trillion a year during his Presidency and during the so called “recovery” as the U.S. government […]

Continue Reading
26
Aug
2016

Gold Bullion Averages Biggest Seasonal Gains in September Over Past 20 Years

Gold bullion has had its biggest gains in September over the past 20 years. Seasonally gold is entering the sweet spot with the Autumn being gold’s best season and with September being gold’s best month in the last 20 years. Gold’s Monthly Performance – 1994-2014 (Bloomberg) Given the backdrop of one of the most uncertain […]

Continue Reading
25
Aug
2016

Gold Futures See Massive $1.5 Billion “Non Profit” Liquidation In “One Minute”

Gold futures saw a massive $1.5 billion liquidation in one minute yesterday which had all the hallmarks of a “non profit” liquidation – a large seller trying to manipulate gold futures lower rather than maximise profits. Gold Futures – August 24, 2016 (Zero Hedge) Subsequently, gold dropped throughout most of trade in New York and […]

Continue Reading
24
Aug
2016

Jim Grant Is “Very Bullish On Gold”

Jim Grant is “very bullish on gold” due to deepening concerns of a crash in sovereign debt. The monetary historian and expert, financial journalist and editor of the investment newsletter ‘Grant’s Interest Rate Observer’ is always worth reading and listening to. Grant gave voice to his deepening concerns in an excellent interview with  Swiss business newspaper […]

Continue Reading
23
Aug
2016

Germans Warned To ‘Stockpile’ Cash In Case Of ‘War’

The German government is warning its people to ‘stockpile’ food, water and cash in case of ‘war’. For the first time since the end of the Cold War, the German government is set to tell citizens to stockpile food, water, medicine, fuel and cash in case of war, an attack, catastrophe or “national emergency”, the Frankfurter […]

Continue Reading
22
Aug
2016

Ireland’s Biggest Bank Charging Depositors – Negative Interest Rate Madness

Deposits at Bank of Ireland are soon to face charges in the form of negative interest rates after it emerged on Friday that the bank is set to become the first Irish bank to charge customers for placing their cash on deposit with the bank. This radical move was expected as the European Central Bank began charging large […]

Continue Reading
19
Aug
2016

Rothchilds Buying Gold On “Greatest Experiment” With Money In “History of the World”

The Rothschilds are buying gold through their investment house RIT Capital Partners and Lord Jacob Rothchild is warning about the results of “the greatest experiment in monetary policy in the history of the world”. British investment banker Lord Jacob Rothschild is buying gold. Pictured with Joanna Lumley. (Source: Getty) The Rothchild’s investment house has increased its allocation […]

Continue Reading
18
Aug
2016

Gold – “Mother of All Bull Markets Has Only Just Begun” – Grandich

There are many reasons to believe that “the mother of all bull markets has only just begun” for gold. So believes Peter Grandich, the market analyst dubbed the “Wall Street Whiz Kid” whose track record speaks for itself. He called the Wall Street Crash in 1987 and subsequent sharp stock market recovery, the end of the bull […]

Continue Reading
17
Aug
2016

45th Anniversary Of Nixon Ending The Gold Standard

This week 45 years ago, August 15th 1971 to be exact, President Nixon suddenly declared the end of the Gold Standard. He ushered in the modern monetary system based on fiat paper and digital currency that works so poorly for us today and led to the global financial crisis. The dramatic announcement by ‘Tricky Dicky’ […]

Continue Reading
16
Aug
2016

Gold In UK Pounds Collapses 38% Versus Gold and 56% Versus Silver Year To Date

Gold in UK pounds neared its post-Brexit high overnight as sterling fell sharply on currency markets due to concerns about rising inflation as shown in data today and the outlook for the UK economy. Gold is up nearly 4% in sterling terms in August and by a whopping 38% year to date.  ‘Sterling silver’ has […]

Continue Reading