Silver as an investment

Monthly Archives: April 2014

Prominent Economists Call for End to Fractional Reserve Banking

Excessive leverage by the banks was one of the main causes of the Great Depression and of the 2008 financial crisis. As such, lower levels of “fractional reserve banking” – i.e. how many dollars a bank lends out compared to the amount of deposits it has on hand – the more stable the economy will […]

Detroit’s Magical Revenue Math Common to Indebted U.S. Cities

It’s a threat nearly everywhere in the world­­: that unsustainable public pension debt, promised to government employees in response to perceived flush times or under duress from unions, will bankrupt states and municipalities, forcing taxpayers or investors to foot the bill. Sovereign pension obligation is a major factor threatening the viability of the euro. And […]

Maximum Wage Law Targets Subtraction of 2% Annually – Groceries Again On Rise

Prices are going up more briskly now, and we at WealthCycles have always maintained that it would be the growing gap between and expenses and incomes, or real income, resulting from central bank targeted annual price inflation (core commonly set to 2%), that’d finally trigger the loss of public faith in in fiat and monetary […]

Wisdom From Steve Jobs On The Coming System Reset

Submitted by Simon Black via Sovereign Man blog, Steve Jobs used to tell a very inspiring story about an article he read in Scientific American when he was a boy:     He said that the article measured the ‘efficiency of locomotion’ of various species– essentially how many calories different animals spend getting from Point […]

Can Police Search Your Cell Phone Without A Warrant? The Supreme Court Is About To Decide

Submitted by Michael Krieger of Liberty Blitzkrieg blog, Two very important cases related to the 4th Amendment protection of cellphone data went before the Supreme Court yesterday. At issue here is whether or not police can search someone’s cellphone upon arrest. As usual, the Obama administration’s Justice Department is arguing against the citizenry, and in […]

Chinese Currency Collapses To 18-Month Lows; Nears PBOC Limits

After widening its tolerance for real world volatility mid-March, the PBOC has faced a daily battering of USD buyers and CNY sellers which have driven the Chinese currency to its weakest level in over 18 months. However, things are starting to become problematic… while call buying and hedging is exploding – as carry traders and […]

Inside The “Low-flation” Myth: A Disquisition On Inflation Seen And Not Seen – Part 1

Submitted by David Stockman via Contra Corner blog, After paying my bills the other day I had home heating and electric utility costs on my mind—the winter having been an unusually harsh one in NYC like much of the rest of the nation. But then I noticed a story by an outfit called CNS News.com […]

Desire For Clean Energy (and Scallops) Pushes Free Market Solutions

Description:  CBC report fingers worsening pollution, largely resulting from ever-increasing use of carbon-based energy, as the culprit in the shellfish die-offs. Just as deliberate, human-made inflation is putting increasing upward pressure on prices on of the most basic necessities of life, such as food and energy, other human-created conditions are taking a toll as well. […]

Ukraine Denies Funneling Arms To Jihadis In Syria

Over the weekend, Germany’s Der Spiegel magazine published a report on the funneling of Ukrainian arms to jihadists in Syria via Germany. According to information obtained by Der Spiegel, a Ukrainian state enterprise is delivering rifles to Germany, but the German federal government allegedly doesn’t know what is happening with the weapons. In fact, as […]

Is Kress already king of the oligarchs?

A fellow gold and silver enthusiast with excellent record calling most major stock market turning points since 1997, Clif Droke, writes: While cycles are important, having the right set of cycles is absolutely critical to an investor’s success.  We couldn’t agree more, and as animals act en masse (and see: Silver, Gold, and the Future […]