Let’s honor Labor Day by reviewing what’s happened to wage-earners in the eight years since central banks “saved the financial system” with free money for financiers: wage-earners have taken a beating and been dumped in a ditch.It’s really very simple:…
By its actions, the Federal Reserve has selected a precious few winners and many, many losers. Sadly, you are highly likely to be one of the losers. But the previously-bulletproof faith in the Federal Reserve is quickly eroding. As with…
The debacle involving Deutsche Bank’s failure to deliver physical gold from the Xetra-Gold exchange traded commodity (ETC) continued on Friday after a press release from Deutsche Bank. Zero Hedge covered the “non-response” from the beleaguered German bank over the weekend: And so another…
Jim Willie Issues A Crucial Market Update: A Systemic Lehman Event is IN PROGRESS, the Chinese are Ready to Launch a Gold-Backed Yuan, and The Bond Market Is About to BLOW. We’re About to See A Run On Treasury Bonds… Click Here For…
We discuss all that was won by simple sleight of monetary hand. We also discuss Scotland’s collapsing North Sea oil revenues and whether or not China can help them. In the second half, Max interviews David Low about Scotcoin and…
We discuss the mega week in the news: from Apple’s mega tax bill to Trump’s ‘yuuuge’ visit to Mexico. We also discuss Mark Carney’s warning about “dishonest bankers” and their “misconduct” threatening another mega disaster in the financial markets. In…
Expert Analyst David Morgan Joined the Show Friday, Discussing: Friday is Just the Beginning: It’s Gonna Be EXPLOSIVE In the 4th Quarter! Gigantic Tidal Wave of Managed Money is Beginning to Sniff Around Gold and Silver Why David Morgan Thinks This…
2016 has re-established Bitcoin’s status as a formidable digital innovation, capable of replacing traditional methods of payment. After being crippled by numerous controversies, the cryptocurrency has slowly gained traction with numerous applications. With the adoption of the currency on the…
Longtime correspondent Michael M. recently recommended this long-form article The Market For Lemons, The Market For Bullshit, And The Great Cascading Credence Crash Of 2016. The article discusses the soaring market for self-serving narratives, rigged statistics like the jobs report…
The physical gold delivery failure to clients of Deutsche Bank who own Xetra-Gold, the gold exchange traded commodity, was confirmed yesterday by Deutsche Bourse who said that the inability to deliver gold was not limited to Deutsche Bank and that other German banks…
Obama needs to ensure he gets well compensated after leaving office for a job well done protecting, defending and further enriching the global oligarch class. This is precisely why he’s so adamant about passing the TPP during the upcoming lame duck session of Congress, when he…
Getting to know Bitcoin Given that Bitcoin is a relatively new asset, investors share uncertainty about its long-term viability. Like other currencies, Bitcoin is susceptible to fluctuations in price and value. However, the mechanisms that govern Bitcoin are radically different…
One of my reading projects over the past year is to learn more about empires:how they are established, why they endure and why they crumble. To this end, I’ve recently read seven books on a wide variety of empires. The…
“Delivery of gold” has been refused by a popular German gold exchange traded commodity (ETC), Xetra-Gold, which is offered by Deutsche Bank, in the latest example of the risk of owning gold exchange traded commodities (ETCs), exchange traded funds (ETFs)…
I don’t possess any more insight than you do regarding the medical condition of Hillary Clinton. However, what I do know is that given her age and health history asking questions about it is definitely not conspiracy theory. While hordes…