I think this statement probably sums up the current banking crisis most succinctly: “The American banks have a whole bunch of accounting tricks that they can play, to show earnings when earnings don’t exist, to show capital when capital...
For many years, gold has had a rough general tendency to decline ahead of the US jobs report, and then rally after the release of the report. The next report is scheduled for this Friday.
For many years the yen was the preferred safe-haven currency for the largest bank FOREX traders. The topping action of the yen in 2011 created a huge US stock market buy signal. In 2015, the yen’s bottoming action helped create a massive...
While the war worshippers of the world take turns waving “I love Poohtin!” and “I love Jackboot Joe!” pom poms (and wave them far from the front lines of the war. The citizens of India, aka the “A Team”, are back on the buy!
Today is Valentine’s Day. It’s also CPI report day. On this interesting day, will there be love for gold?
Last week the precious market got a “Triple Whammy” of a silver duty hike in India, another rate hike from the Fed, and a blowout jobs report.
Gold is often soft on Tuesday and… today is Tuesday. The uptrend line is being tested today, which is not a surprise. In just a few months, gold surged from about $1610 to $1950! I’ve urged investors to sell into this massive rally.
The glory of gold. In a world ravaged by debt, fiat, and war… is it a time for gold bugs of the world to be bold?
In the financial markets, history shows that rather than lots of exciting predictions, mundane preparation for surprise is a much better tool for building immense wealth… wealth that is sustained.
A child who is a brat and a bully must be punished or be isolated so they can’t harm other children. The US government has become the world’s largest brat, using fiat and debt to relentlessly bully citizens at home and in faraway lands....