Who appointed this guy Chief A$$HoLe?
But be careful what you wish for: what we may get could be worse than what we have.
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.
Don't worry. The current smackdown in gold and silver prices (more silver than gold) is just temporary.
The financial world is now a ticking bomb that is just waiting to explode.
If jobs growth is so great... why has this number been FALLING since 2012?
I’ve never seen anything so surreal as the United States’ current political circus of unelectable and undelectable candidates offered as each party’s top of the crop.
Prudent retail, company and family office clients are realising they can no longer afford to simply leave their deposits in a single bank account.
How long can this go on?
Measured in gold, the price of the dollar hardly budged this week. However, in silver terms, it’s a different story.
We think the U.S. Dollar is undervalued going into this week on a short term basis, and should move back above 95 going into Jackson Hole`s annual monetary policy symposium Thursday and Friday.
The biggest cultural myth we believe is the one in which some divine superhero will save us from ourselves.
Politically correct version...
... and China has something to do with it.
You might be way richer than you think
So we thought we would settle this question once and for all so that everybody is on the same page.
Between the Russian announcement and yuan/RMB convertibility, the US will gradually have more trouble printing money at will.
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