Silver as an investment

Tag Archives: John Williams

HSBC Not Closing Gold Vaults – Safety Deposit Boxes of Clients? Being Closed

HSBC Not Closing Gold Vaults – Safety Deposit Boxes of Clients‏ Being Closed – Incorrect rumors abound around blogosphere that HSBC is rapidly and quietly closing gold vaults- HSBC are in fact closing down their safety deposit box facilities in vaults in branches- Banks internationally closing boxes as not profitable and move to “cashless society”- […]

Futures At Overnight Highs On China PMI Miss, Europe PMI Beat

It is a centrally-planned “market” and everyone is merely a bystander. Last night, following a dramatic China PMI miss, which as previously reported tumbled to the worst print since early 2014 and is flashing a “hard-landing” warning, the Shanghai Composite first dipped then spiked because all a “hard-landing” means is even more liquidity by the […]

Nearly At “Full Employment”? 10 Reasons Why The Unemployment Numbers Are A Massive Lie

Submitted byMichael Snyder via The Economic Collapse blog, On Friday, we learned that the official “unemployment rate” has fallen to 5.5 percent. Since an unemployment rate of 5 percent is considered to be “full employment” by many economists, many in the mainstream media took this as a sign that the U.S. economy has almost fully […]

From One Non-Profit To Another – Jay Carney Moves To Amazon

As one wit noted, it appears former White House Press Secretary Jay Carney is moving from one non-profit organization to another. As Politico reports, Carney joins Amazon on Monday as senior vice president for Worldwide Corporate Affairs – reporting directly to Jeff Bezos and topping current veteran PR Chief Paul Misener.   As Politico reports, […]

The Bond Market Has Reached Tulip Bubble Proportions

By EconMatters     Fed Officials Trying to Send Signals to the Bond Market   James Bullard on Friday noted that the Bond Market was far too dovish in relation to where the Fed is in regard to raising rates in June, and this might be the understatement of the year so far. For example the U.S. 2-Year Bond […]

Gold In Euros Up 7.2% In 2 Weeks – Surges Over EUR 1,050 Per Ounce

Gold In Euros Up 7.2% In 2 Weeks – Surges Over EUR 1,050 Per Ounce Gold priced in euros surged through the €1,050/oz barrier to a high of €1,052.04 per ounce this morning. It’s up 7.2% this month, outperforming gold in dollars which is up 4.8%, and building on the 12% gains seen in 2014. […]

FOMC Minutes Preview: The 3 Key Issues The Sell-Side Is Looking For

The December FOMC statement revealed a lack of agreement among Fed officials over communication, BofAML explains, as evidenced by the complicated extension of the forward guidance language and the dissents from both sides of the hawk-dove spectrum. While Standard Chartered expects the Minutes to show The Fed in no rush to raise rates, Bloomberg Briefs […]

John Williams’ Take On The October Unemployment Report: “The Economy Remains In Terrible Shape”

When it comes to inflation data, there are two parallel sources: the BLS, and ShadowStats’ John Williams, who continues to plough through the underlying “data” using pre-pre-pre-revision protocols, and every month reveals a parallel universe in which something shocking is revealed: the truth. Here is his take on the October “weaker but really stronger than […]

We Have Just Witnessed The Last Gasp Of The Global Economy

Submitted by Brandon Smith via Alt-Market blog,   It is difficult to find the motivation to write about the state of the global economy these days, if only because there is not much left to say. I feel like I am composing multiple obituaries for the same long dead corpse. Most of the Liberty Movement […]

Peak Empire 2.0

Originally posted at Club Orlov blog, Based on the lessons of history, all empires collapse eventually; thus, the probability that the US empire will collapse can be set at 100% with a great deal of confidence. The question is, When? (Everyone keeps asking that annoying question.)   Of course, all you have to do is […]