Silver as an investment

Monthly Archives: August 2015

IL lottery winners are being issued IOU’s / August 31, 2014 Congratulations, you won $25,000 in the Illinois lottery! Sorry, you’ll have to settle for an IOU for now. Winners of the Illinois lottery are being forced to wait for their money, because state lawmakers haven’t passed a budget and so lottery officials don’t have legal authority to do payouts. Jackpots of […]

China: Doomed If You Do, Doomed If You Don’t

by Charles Hugh Smith Of Two Minds Whichever option China chooses, it loses. Many commentators have ably explained the double-bind the central banks of the world find themselves in. Doing more of what’s failed is, well, failing to generate the desired results, but doing nothing also presents risks. China’s double-bind is especially instructive. While there […]

All About Gold

by Monty Pelerin Monty Pelerin’s World From the Daily Reckoning comes this prolific collection of quotes all about gold. Thus far (the last several years) gold has been a poor investment, at least in the sense that gold has gone down in value. Gold will eventually see its day, although one wonders whether its believers […]

Rigor Mortis Of The Robo-Machines

by David Stockman David Stockman’s Contra Corner Call it the rigor mortis of the robo-machines. About 430 days ago the S&P 500 crossed the 1973 mark——-the same point where it settled today. In between there has been endless thrashing as highlighted below. Surely most thinking investors have left the casino by now. So what remains […]

The Game Has Changed

by Rick Ackerman DaBoyz have not lost control of the markets, not by a longshot, but they’ll have to get used to being buffeted each night by crazed trading in Asia, the current locus of the world’s financial and economic problems. For the time being, though, the tricky game of exhausting sellers ahead of […]

In The Month Of September 2015 We Officially Enter The Danger Zone

by Michael Snyder The Economic Collapse Blog Is September 2015 going to be one of the most important months in modern American history? When I issued my first ever “red alert” for the last six months of 2015 back in June, I was particularly concerned with the months of September through December, and not just […]

Greece Loses 17,000 Jobs in July, Most Since 2001

by Mike “Mish” Shedlock MISH’S Global Economic Trend Analysis It’s no wonder Greek prime minister Alexis Tsipras wanted elections now rather than later. He does not want the grim news of job losses and austerity to hit when he is more vulnerable. Tsipras’ problem may well be that he is too late. Via translation from […]

Fed Casts Extras In Its Rate Hike Show

from Peter Schiff The Peter Schiff Show Podcast – Episode 106

Latest Clinton Email Release Includes Redactions of Now-Classified Information

by Byron Tau Market Watch WASHINGTON—The State Department released Monday night the largest batch of former Secretary of State Hillary Clinton’s emails to date—some 7,000 pages—including about 150 that had been redacted for containing information the department said is now classified. The classified material appears in redacted form, occasionally in emails discussing State Department operations […]

Russian Military Forces Arrive In Syria, Set Forward Operating Base Near Damascus

from Zero Hedge While military direct intervention by US, Turkish, and Gulf forces over Syrian soil escalates with every passing day, even as Islamic State forces capture increasingly more sovereign territory, in the central part of the country, the Nusra Front dominant in the northwestern region province of Idlib and the official “rebel” forces in […]