Silver as an investment

Monthly Archives: July 2013

The Blindness of Modern Economists / By Dan Steinhart / July 31, 2013 Supposedly one of the top ten reasons to become an academic economist is that it gives you a chance to talk about money without ever having to make any. Also, you get to say “trickle down” with a straight face. The contrast between mainstream academic economics and […]

Change Dead Ahead Cycles Show

Since its launch in 2009 this online resource has consistently explained the future in general terms. Simple economics (not the post-1930 “new economics”) supports what Mike Maloney wrote the book, and recorded video on—the long-term under- and overvaluations he dubbed WealthCycles. When looking at prices, the long-term cycles Mike and the WealthCycles team follow consistently […]

The Most Important Number In The Entire U.S. Economy / By Michael Snyder / July 31st, 2013 There is one vitally important number that everyone needs to be watching right now, and it doesn’t have anything to do with unemployment, inflation or housing.  If this number gets too high, it will collapse the entire U.S. financial system.  The number that I am talking […]

Elliott Management: “The Entire Developed World Is On A Slippery Slope”

Elliott Management’s 22-page letter to investors has something for everyone as Paul Singer ascribes his uniquely independent wisdom. From the fragility of the financial system to the hubris of academic pretenders; from inflation’s various devious impacts on assets and reality to the floundering of the world’s bankers; from America’s “cooked data” to the pending social […]

NSA Admits: ‘We Do Store All Your Data But We Don’t Look At It All’ / By Tyler Durden / July 31, 2013, 20:35 -0400 The Director of National Intelligence released three declassified “in the interests of transparency”documents this morning that authorized and explained the bulk collection of phone data – one of the secret surveillance programs that Snowden revealed. As Reuters reports, much of what is contained in the documents has […]

Marc Faber : I dont pay much attention to what the Fed publishes, they are completely confused and very vague

 Marc Faber : I don’t pay much attention to what the Fed publishes. When you read their statements, they are completely confused and very vague. In other words, all is data-driven. If the stock market dropped ten, 20 percent, for sure there would be more QE programs. On the other hand, if the economy is […]

Fresh Summer Fun in Gold & Silver / By Adrian Ash  / Wednesday, 7/31/2013 17:22 GLANCE at the headlines, and you’d think this summer offered a bull market for ‘hard money’ gold and silver, writes Adrian Ash at BullionVault. The People’s Bank of China has taken to one-day injections of almost $3 billion for the financial system, boosting shares after a scary jump in bank interest rates… Wage […]

How Profitable Is Fracking Monterey Shale?

The prospect is tantalizing—billions of gallons of oil, all located securely within the borders of the United States. The Monterey shale field extends 1,750 miles through southern and central California, dwarfing all other known shale fields and potentially making the state the top oil producer in the nation. Possible economic benefits are astounding. According to […]

U.S. knows what Nazis did: Imperialism works best by rigging currency markets / By CHRIS POWELL / July 31, 2013 Dear Friend of GATA and Gold: Hard upon the Bank of England’s belated admission this week that it had been almost as much of a Nazi collaborator as the infamous Bank for International Settlements itself – – Jan Skoyles of The Real Asset Co. in […]

Mises Video Reveals Fed’s Role in Inflation, Decline

Description:  Mises Institute Video Explains Federal Reserve’s Role in Perpetuating Inflation, Economic Decline   The Federal Reserve System virtually controls the nation’s monetary system, yet it is accountable to no one. It has no budget, it is subject to no audit, and no Congressional Committee knows of, or can truly supervise its operations. –Murray N. […]