Archive - Jul 13, 2015 - Blog entry

The whole thing feels a bit like the summer of 2008 all over. Once again, the global economy is weakening, a significant crisis has erupted, and temporary solutions to said crisis are being hailed as a success.

And the Treaty of Versailles 2.0

Peter the Great liked to confiscate successful businesses and put the owners to death... 

Demand for Silver Eagles spiked in the first week of this month leading the U.S. Mint to run out of its entire August inventory of coins. This coincided with a counter-intuitive 3.8% plunge in price last Monday. It would appear that prices are being forced down. This is likely being done to scare investors away in order to protect some large banks who are net short silver - and for whom a surge in price would be damaging - and possibly to facilitate large unknown entities to accumulate large volumes of silver at a knockdown prices.