We discuss the fact that life’s but a walking shadow, a poor homeless schmuck that struts and frets his squeegee upon thy windshield, and then is heard no more. It is a tale told by an idiot tabloid, full of…
Iraq War veteran David Rodriguez steps into a softly lit classroom at the Institute for Advanced Study of Human Sexuality in San Francisco, crosses his legs and sits on a pillow in front of an altar decorated with a rope,…
This seemingly inexhaustible credit line is now drying up, with severely negative consequences for oil producers with debt that’s coming due. Could the oil patch bust triggered by oil plummeting from $100/barrel to $50/barrel kick the U.S. into recession? Longtime…
– U.S. Mint sees highest monthly gold eagle sales in over two years – Indians take advantage of low price in a season not typically known for gold buying – Chinese investors, disillusioned with stock market, are buying gold in…
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When Lyndon B Johnson told the American people that the US government would replace the currently circulated silver coinage with clad coins, most people didn’t think anything of it. After all, in his speech, Lyndon B. Johnson had assured nobody…
– Russia adds another 800,000 ounces or 25 tonnes to gold reserves in June – Russia’s has sixth largest gold reserves in the world – Allocates 13% of FX reserves to gold – Central bank buys all Russian gold production…
When banks build new gleaming headquarters, that generally marks the top of the bank’s fortunes. There appears to be some sort of hubris in constructing a monumental new headquarters that shouts “we’re rich beyond all conception” that angers the stock…
If you want to see what unrestrained parasitic financial oligarchy ultimately looks like, look no further than the humanitarian crisis in Greece turned unprecedented billionaire opportunity. With global wealth becoming more and more systemically concentrated in the hands of “insiders,” empty…
We discuss Greek prime ministers bearing referendums as privatization schemes move full steam ahead as billionaires and celebrities begin buying up Greek islands on the cheap. In the second half, Max interviews Eddy Travia of Coinsilium.com about the company’s upcoming…
When a speculator bought a new particle-board-and-paint McMansion in the middle of nowhere in 2007 with nothing down and a $500,000 mortgage, the lender and the buyer both considered the house as $500,000 of collateral. The lender counted the house…
I fled the Islamic Republic of Iran with a suitcase, a thousand dollars, and no regrets. But it wasn’t easy; I had to rebuild my life from scratch. Less than ten years later, I faced a decision that threatened to…
– Gold market comes under “unprecedented attack” – Telegraph – “Sharp drop bore similarities to bear raids by Chinese funds” – FT – Paper contracts for 57 tonnes of gold dumped onto market in two minutes – Gold still holding…