Archive - 2015 - Blog entry

The prevailing view in the gold community is that banks are speculators who bet on a falling price. 

The world’s three largest economies, the US, China and Japan are already in recession. These countries represent nearly a third (29%) of global GDP. A stock market crash is coming.

Prepare for Keynesian Lift Off!

The catch-22 for ownership is once they are in this position is that they cannot fire the players, so the coach must always be the one to get fired.

Here's a little ditty on signs of the looming cashless society that the banks are foisting upon the boiling frogs of America.

While a good portion of us here in the states spent last week in a collective food coma, Australian zoologist, Adam Britton, launched a crowdfunding campaign to continue research on one of Paul Hogan’s lesser-known adversaries – the pygmy crocodile. 

D'uh!

Smart money continues to accumulate gold and silver coins. Demand for American Eagle silver coins has also been strong, with year-to-date sales already reaching an annual record at 44.67 million ounces, breaking the full-year record of 44 million ounces in 2014

The S&P 500 has completely disconnected from most risk assets, driven by the usual manipulation during options expiration week, performance gaming by hedge funds before end of the month results are posted, and short covering.

Fill her up Erdo...

Even despite the saturation criminality that readers have already seen, many will still argue that we “need” these Big Banks, and that we even “need” fractional-reserve (no reserve) fraud.

Scott Sumner said he had a “modest” proposal: there should be a highly liquid futures market in Nominal Gross Domestic Product. Let's look at that.

The ISIS group sells most of its crude directly to independent traders at the wellhead for $20-$45 a barrel earning the group an average of $1.5 million a day.

Obama and Clinton Are JUST AS BAD

While gold prices continue to languish in the doldrums and are on course for their worst month since 2013, global demand and especially Chinese retail, investor and official demand continues to remain very robust. Indeed, China looks likely to see a new record demand for gold annually again in 2015.