This disconcerting story was brought to my attention by our resident commodities expert at Wyatt Investment Research, Kevin McElroy. It's been mostly buried by the main stream media but has substantial implications for exposing the hypocrasy of central bankers tellling us that gold isn't money...
Europe’s banks are in trouble, big trouble. And the U.S. Federal Reserve is prepared to bail them out. European banks are some of the biggest holders of debt (bonds) from Greece and other indebted Eurozone countries. And they will be big losers if Greece defaults on its debt payments. Throw in...
.........But First, A Word From Our Sponsor.......... Now get 5 metals & forget the market risk(1) With the all new MarketSafe® Timeless Metals CD, we've brought together 5 of the world's most valued metals-gold, silver, platinum, copper and nickel-into one CD. Now through August 18, 2011...
I am attending the Global Interdependence Center’s latest conference here in Philadelphia, writing you from the Admiral’s Club on my way to Boston. The chatter last night at dinner and between sessions was focused on the risks in Europe. I did an interview with Aaron Task on Yahoo’s...
As long time readers know, I am a big fan of Greg Weldon. This week he has very graciously allowed me to reproduce his client letter from last Thursday on some of the issues of Bernanke and Quantitative Easing 2. It prints a little longer than usual because of his format and all the charts, but this...