Behind the Scenes Glimpse At The War On Gold & Silver

“Open interest is up, particularly for silver, but both gold and silver prices are stuck near support.  The price of gold has hardly moved over the past week, and remains in a narrow trading range on either side of $1280.  Normally one would expect to see a rise in price with the jump in open […]

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Investors Flock to Silver Coins

Silver coins are gaining favor among investors and sales could rise to a record high in 2013, thanks to a sharp fall in the precious metal’s price. Demand for silver, which is sought after by investors and industrial users alike, is expected to rise, consultancy Thomson Reuters GFMS said in a recent report. The industrial […]

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CIA Database Tracks All US Money Transfers

While hardly as dramatic as ongoing revelations of Big NSA Brother probing every aspect of Americans’ lives, overnight the WSJ reported that in addition to the complete loss of privacy – which should now be taken for granted – the CIA has been added to the list of entities that scrutinize every online interaction, and […]

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Empire Manufacturing Collapses To Lowest Since January

The headline Empire manufacturing data missed expectations by the most since January (the 4th month in a row) and plunged to its lowest since January. Across the board sub-indices collapsed (every one of them) into contraction with shipments down from over 13 to -0.5, and New Orders down from 7.75 to -5.5. “Hope” didn’t save it […]

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Citi Warns "Fed Is Kicking The Can Over The Edge Of A Cliff"

It is becoming increasingly obvious that we are seeing the disconnect between financial markets and the real economy grow. It is also increasingly obvious (to Citi’s FX Technicals team) that not only is QE not helping this dynamic, it is making things worse. It encourages misallocation of capital out of the real economy, it encourages poor […]

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USD as a Percentage of Global Reserves Down, then Up. What’s next for Gold?

When the euro arrived on the scene, it took over around 32% of global foreign exchange reserves from the USD, with the tacit approval of the U.S. This dropped the USD’s percentage of global reserves from 95% to around 63%. Since then [2000] its percentage of reserves dropped from 63% to 53% and now has […]

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Is It Wrong To Be "Anti-Government"?

It is natural for a society to search for explanations and motivations in the wake of a man-made tragedy. It is also somewhat natural for people to be driven by their personal biases when looking for someone or something to blame. In recent years, however, our country has been carefully conditioned to view almost every […]

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The Euro Could Disappear In 10 Years – BlackRock CE

The euro could be in danger of disappearing within the next decade if France does not continue pushing economic reforms, BlackRock Capital boss Larry Fink said Tuesday. Fink expressed his concern about the health of one of Europe’s largest economies at The New York Times’s DealBook Conference, mentioning France’s recent downgrade by Standard & Poor’s. “I don’t think […]

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Central Banks Risk Asset Bubbles in Battle With Deflation Danger

Central banks are finding it’s easier to push up stock and home prices than it is to prevent inflation from falling short of their targets. While declining costs for everything from gasoline to coffee can be good news for consumers, disinflation makes it harder for borrowers to pay off debts and businesses to boost profits. The greater […]

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Dawn Of A Terrifying New Financial, Monetary & World Order

“And the kings of this ‘New Financial Order’ are going to be none other than China, Russia, and Germany.  The United States is not going to be there.  They are going to have a role to play, but it’s not going to be a primary role when it comes to the monetary system, the financial […]

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