Silver as an investment

Monthly Archives: May 2012

ZH Evening Wrap Up 5/31/12

    Some Headlines From Today – Morgan Stanley’s Gorman defends handling of Facebook IPO – Spain says it has at least until October to raise enough funds to rescue Bankia – Newly issued Mortgage Backed Securities see record low yields – Weekly Jobless claims come in at 383,000 – New York City Will now […]

America Lost 129,000 Millionaires in 2011

cnbc.com / by Robert Frank / May 31, 2012 America’s millionaire population declined last year for the first time since the financial crisis, according to a new report. The population of U.S. millionaire households (households with investible assets of $1 million or more) fell to 5,134,000 from 5,263,000 in 2011, according to The Boston Consulting […]

Guest Post: Myths and Realities of Returning to a Gold Standard

Submitted by Terry Coxon of Casey Research Myths And Realities Of Returning To A Gold Standard The gold standard, under which any holder of paper dollars could redeem them for gold at the US Treasury, is now within the living memory of just a few million Americans, nearly all of whom would be dangerous behind […]

Guest Post: Myths and Realities of Returning to a Gold Standard

Submitted by Terry Coxon of Casey Research Myths And Realities Of Returning To A Gold Standard The gold standard, under which any holder of paper dollars could redeem them for gold at the US Treasury, is now within the living memory of just a few million Americans, nearly all of whom would be dangerous behind […]

U.S. Labels ALL Young Men In Battle Zones As “Militants” … And American Soil Is Now Considered a Battle Zone

Preface: If this is too intense for you, look at this instead. Glenn Greenwald has two must-read posts on the reason that virtually everyone the U.S. kills is called a “militant” or “suspected militant”. He wrote Monday:   Virtually every time the U.S. fires a missile from a drone and ends the lives of Muslims, […]

China PMI Plunges Most In 28 Months, Reverts To HSBC’s Reality

Color us not stunned at all. China’s Manufacturing PMI finally reverted to the reality that HSBC’s Manufacturing PMI has been arguing for and fell for the first time in six months. The drop is the largest since February 2010. While still above 50 (though the lowest level of expansion in five months), or 50.4 technically, […]

Ascenta Bullion Plus: A new fund that aims to outperform Gold, Silver

commodityonline.com / May 31, 2012 MAURITIUS(Commodity Online): Worried about the steep fall in gold prices and uncertainties in the equity market? Perhaps, Ascenta Bullion Plus Fund may help with its mixed exposure to physical gold, silver and select mining stocks, according to Jason Cubitt, Fund Manager, Ascenta Asset Management Ltd. The fund said that 42% […]

Mike Shedlock on the Spexit, the Grexit and Running for the Eurozone Exit!!

Welcome to Capital Account. A slew of bad news out of Europe, as Irish voters today attempt to exercise their sovereignty and cast their ballots in a referendum on Europe’s fiscal consolidation treaty. Meanwhile, European central banker Mario Draghi made it clear he’s fed up with national sovereignty. The ECB says europe needs new tools […]

Silver to bounce back, rally likely in coming months

commodityonline.com /  June 1, 2012 NEW YORK (Commodity Online): There is a lot of speculation that silver will rebound from lower levels in the coming months. The speculation comes as analysts predict that manufacturing will expand in key economies like China and USA which will likely boost the demand for the metal. Some analysts believe […]

Silver to bounce back, rally likely in coming months

commodityonline.com /  June 1, 2012 NEW YORK (Commodity Online): There is a lot of speculation that silver will rebound from lower levels in the coming months. The speculation comes as analysts predict that manufacturing will expand in key economies like China and USA which will likely boost the demand for the metal. Some analysts believe […]