Four commercial banks arrived in Shanghai the same day Shanghai's silver stockpiles began massive depletion, possibly to cover naked shorts before the scheme blows up.
I have to scoff at the pros sitting on their butts in the wet sand. Even with the Fed telling them consistently that the battle is far from over, they don’t want to see it.
Gold tends to perform well during economic downturns and periods of geopolitical strife. It has also historically charted good returns when there is a lot of market volatility.
The U.S. and world economies are dying. Maybe it is not apparent to some, but it will be soon. The worst part is that a painful withdrawal is no longer an option.
Maharrey interviewed Thomas DiLorenzo, an accomplished author, who discussed the Federal Reserve's role in inflation, the impact of monetary policies, and Austrian economic principles.
Advocates may welcome news that Julian Assange's plea deal with the U.S. includes time served in the UK and a return to Australia, as his leaks exposed U.S. gold price suppression.
We'll never know exactly how much gold the Chinese government and its central bank hold. But it’s reasonable to think they likely have far more gold than they’re letting on.
Eliminating taxes on tips will provide some (limited) relief from the Federal Reserve’s inflation tax. The Fed-created price inflation has forced many Americans to work two jobs.