by Jeff Nielson, Bullion Bulls Canada:
For a tiny, little nation; Iceland is certainly managing to make its mark on European and global politics.
It first made its name by being the ONLY European (and Western) nation which has managed to (more or less) rid itself of the Western banking cabal. Its reward [...]
by Adam Hamilton, Zeal LLC:
Silver has suffered horrendously in 2013’s opening months, plunging dramatically to miserable lows. This exceptional weakness has naturally kindled extreme bearishness. Predictions abound for silver to continue selling off indefinitely. But amidst this severe carnage, the silver bullion held by the flagship silver ETF has remained flat. This [...]
by Andy Hoffman, MilesFranklin.com:
As they say, “when the going gets tough, the tough get going”; and as the END GAME of fiat currency collapse approaches, the DEATH THROES of a dying system are becoming uncomfortably spasmodic. I cannot claim to have “envisioned” how things would play out; however, the reason I sold all [...]
from Zero Hedge:
Two days ago we suggested that “they better pray there is no short squeeze.” Today, following the just released latest CFTC Commitment of Traders data which showed that the Comex gold short position grew once again to a new all time high of 79,416 shorts, all prayers are now off. If [...]
from Sovereign Man:
Last week when I arrived to Bangladesh, the immigration officials there were positively ecstatic to see a foreign tourist entering the country.
I’ve also been to places in Africa and the South Pacific where you’re greeted upon arrival by dancing tribespeople singing songs of welcome.
It’s not quite the same in the [...]
by J. D. Heyes, Natural News:
The financial institution that came to epitomize the “too big to fail” concept should have been left to its own economic destruction during the days of the Great Recession it helped to cause back in 2008-09, because had it been allowed to go under, its criminal behavior would [...]
by Greg Canavan, Daily Reckoning.com.au:
Yesterday was a doozy, wasn’t it? Where to start?
The Aussie dollar fell below 97 cents. The ASX200 fell more than 100 points, or around 2%. The Nikkei collapsed over 7%, after starting the day rallying mindlessly. The index experienced a 1,000+ trading range. We also heard that [...]
by Pater Tenebrarum, Acting-Man.com:
The Misguided Urge to Close Loopholes
As ‘Der Spiegel’ reports, there are efforts underway in the EU to close the tax loopholes used by multinational corporations to quite legally avoid taxes. Allegedly it is a ‘tough battle’ as a few member states are not very happy about these plans. Recently [...]
Paper Gold must cease to function, said Veteran gold trader Jim Sinclair.
He predicts that physical gold is going to replace the paper gold of the futures market to set the price of the yellow metal.
If it is not today, the reality that paper gold is not gold is going to [...]
from Dollar Vigilante:
You have overlooked one small point. Any country you choose unless they speak English you are screwed for being part of the country’s business community. I live in Thailand and it is exceedingly difficult to do business.
Not impossible. Please tell your young member this point.
by Doug Hornig, Casey Research:
A little over a year ago in this space, we called your attention to a developing situation in the pharmaceutical industry, as shown by the chart below that dramatically illustrates the arrival of the so-called “patent cliff”.
Today, the results are in from 2012. The IMS Institute for Healthcare [...]
As if it wasn’t bad enough that there’s a law to govern my every move (from how fast I drive, to what I can consume), my tax dollars are paying to advertise those mandates back to me! by Kelly Diamond, Global Wealth Protection:
If the laws we have reflect the will of the people, [...]
from Democracy Now!:
During President Obama’s first major counterterrorism address of his second term, he said the United States cannot continue waging what he described as a boundless global war on terror. He also discussed his administration’s efforts to close down the U.S. military prison at Guantánamo Bay. He was repeatedly confronted by CodePink’s [...]
from Wealth Wire:
We attended a conference call with Rick Rule (founder and chairman of Sprott Global Resource Investments Ltd.) in which he shared his view on the ongoing developments in the resource and precious metals markets. In this article, we summarize the most relevant ideas related to precious metals.
A lot is ongoing in [...]
by SRSrocco, Silver Doctors:
Martin Armstrong stated in his blog Post that the reason for the “flash crash” in silver Sunday night, May 19, was due to the lack of bids. He goes on further to say “Despite the gold/silver promoters, there is no expansion of buyers for the precious metals. It has been [...]
by Jeff Nielson, Bullion Bulls Canada:
There was “good news” on the U.S. economy, and so its stock markets fell — just like they should, according to the mainstream media. This is because good news is now “bad news.”
That sort of perversity in market reaction is not necessarily unheard of. However, it’s the [...]