Silver as an investment

Monthly Archives: August 2012

Can “It” Happen Again… Again?

from Zero Hedge Many have talked about it. More have eschewed it. But Minsky’s hugely important insight in asking the question “Can ‘It’ Happen Again?” regarding the Depression remains critical reading for any- and every-one who opines day-in and day-out on how much we need or do not need Central Bank money-printing. As Bill Gross […]

Employment ‘Catastrophe’ if Euro Bloc Splits

Eurozone unemployment reached a record high as a United Nations agency warned of a “catastrophic” rise in the jobless count if the sovereign debt crisis worsens. by Tom Rowley More than 18m people were out of work in the 17 eurozone nations last month, the highest total since records began in 1995. The jobless […]

A Holiday Treat – Grilled Jackass

from TF Metals Report OK, so here’s the deal. We’ve made it through the doldrums. For over 100 days, gold and silver have based and consolidated and, this week, they have finally broken out. Now, before the fireworks begin, we have a 3-day weekend. Knowing that you’ve got some time to kill over the next […]

Silver Breaks its Downtrend

by Dan Norcini Trader Dan Norcini For nearly the last year and a half, silver has been in a sustained downtrend in price although it has managed to find a floor of support near the $26 level. This week it has finally broken that downtrend. If this metal is going to begin a sustained rally, […]

Mitt Romney Game Changer

from The Daily Bell Mitt Romney gave a game-changing convention speech. Rebranded as a centrist, he looks like a winner … Mitt Romney’s convention speech may have redefined both the man and the candidate. It was like a reverse Invasion of the Body Snatchers: Mitt went to bed a pod person and woke up a […]

China, Germany to Settle More Trade in Yuan, Euros; What’s That Mean for Gold, the Dollar?

by Mike Shedlock MISH’S Global Economic Trend Analysis Inquiring minds note China, Germany Plan to Settle More Trade in Yuan, Euros. Germany and China plan to conduct an increasing amount of their trade in euros and yuan, the two nations said in a joint statement after talks between Chancellor Angela Merkel and Chinese Premier Wen […]

Art Cashin – The Most Disastrous Economic Event In US History

from King World News Today 50 year veteran Art Cashin shocked King World News by speaking about the most disastrous economic event in the history of the United States. Cashin said, “The most disastrous thing economically that happened in this country, happened in August of 1971, when they came off the gold exchange standard.” Cashin, […]

Questions From Your Broker On Why You Want DRS Or Certificates

by Jim Sinclair JSMineset My Dear Friends, So many CIGAs are running into pompous ass officers at their brokerage firm interrogating them about why they want DRS or certificates. You might counter that request by asking them what is the capital ratio of their firm? Keep in mind when you are DRS or certificated your […]

China Launching Gold Backed Worldwide Currency – Now the Americans will have to find a reason to go to war against China

from India Vision According to an article, China is recasting all of their gold reserves into small one kilo bars in order to issue a new gold-backed currency. Many say this will disrupt global trade and will eventually cause a collapse of the US dollar. There can be no doubt that the US dollar will […]

Ben Bernanke Should Return the Fed to its Golden Roots

by James Grant Washington Post More important than anything that Ben Bernanke might say in his long-awaited speech Friday in Jackson Hole, Wyo., is the thing he won’t say, but should. Positively out of bounds for the chairman of the Federal Reserve is the admission that he is in the wrong line of work. The […]