Archive - Blog entry

Bitcoin is an easy way for people to swap out of yuan. Goldman Sachs analysts estimated earlier this year that 80% of bitcoin volume is exchanged in and out of the Chinese yuan. Once converted to bitcoin, the owners can then swap back into other fiat currencies and indeed physical gold.

and his legacy.

Strange Bedfellows ...

Make no mistake, the War on Cash is very real. And it’s unfolding before our very eyes.

In an interview on CNBC's "Trading Nation," the Gloom, Boom & Doom Report editor revealed he may not be as bearish as some may think and that he is actually a “great optimist.”

Over the past decade; our markets have ceased to behave like “markets”, at all. 

You will not be warned of the risks to your wealth by anyone in a position of power in the political financial hierarchy.

Holy Jiggly Wiggly!

“A predicted global meltdown passed without event. But there are enough warning signs to suggest we are sleepwalking into another disaster”.

Is having the CEOs of two of the largest, most powerful banks sit on the board of their own regulator literally worse than putting a fox in charge of the hen house? Here's why the name "Morgan" get's you a regulator board seat and what regular people can do about it.

"This industry has committed “hari kari” as far as I'm concerned."

Anyone who thinks that somehow this will not impact the rest of the globe is out of his or her mind.

Now that Chipotle's e. coli outbreak had shuttered places all over the Pacific Northwest, I'm even more content to enjoy the fabulous, inexpensive fare at my local Los Gallos

Thant's right, no BOOTS on the ground!

Dennis Gartman, author of the institutionally well followed ‘The Gartman Letter,’ has asked questions about gold’s peculiar price action last week and raised the question as to whether there was official central bank manipulation of gold prices.