ARE CENTRAL BANKS BEGINNING TO NATIONALIZE THE WHOLE ECONOMY?

ARE CENTRAL BANKS BEGINNING TO NATIONALIZE THE WHOLE ECONOMY?

BY  PHILIPPE HERLIN This question might sound preposterous, but this movement is very real and growing in importance: central banks are progressively buying private assets with their unmatched firepower. The mainstream media is silent about it and the economic press almost...

Physical Gold Delivery Failure By German Banks

Physical Gold Delivery Failure By German Banks

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...

Deutsche Bank Tries To Explain Why It Did Not Deliver Physical Gold, Fails

Deutsche Bank Tries To Explain Why It Did Not Deliver Physical Gold, Fails

The unprecedented escalation involving Deutsche Bank’s failure to deliver physical gold on demand continues. As we first reported two days ago, a client of Xetra-Gold, a German Exchange-Traded Commodity fund, tried to get access to the gold he had been promised...

The End of the Silver Correction

After nearly three months of moving sideways since July 4th, silver is near the end of its correction and ready to move on. The chart below shows that a classic flat wave has panned out and is now either ended...

Are the Central Banks Manipulating the Price of Gold?

Are the Central Banks Manipulating the Price of Gold?

I was in a panic. I was living off the interest from our Certificates of Deposit (CDs). The government passed the Troubled Asset Relief Program (TARP), and interest rates tanked. My world went topsy-turvy as the banks redeemed my CDs....

Art Berman: Labor Day Weekend Oil Special (Podcast)

Art Berman: Labor Day Weekend Oil Special (Podcast)

Erik Townsend and Aaron Chan welcome Art Berman to MacroVoices. Erik and Art discuss: Looking beyond absolute inventory numbers and gleaning insights from comparative inventories Recent anomalous comparative builds relative to historic trends Continued time-spread compression reflecting producer hedging or...

Conquistador Trump

Conquistador Trump

In accepting the invitation of President Enrique Pena Nieto to fly to Mexico City, the Donald was taking a major risk. Yet it was a bold and decisive move, and it paid off in what was the best day of...

John Embry & Chris Waltzek (Podcast)

Highlights John Embry, Senior Strategist at Sprott Asset Management returns with key insights into the startling 2016 PMs market rally.  The recent pullback represents a discounted buying opportunity within a new long-term bull market.  Once gold breaks out of the consolidation in...

We’ve Reached the “Zero Point” of Debt Creation

We’ve Reached the “Zero Point” of Debt Creation

Hurtling toward a massive financial crisis. By Harry Dent, Senior Editor, Economy & Markets: Forty-five years and counting: We’ve been on a debt spree since the early 1970s when we went off the gold standard, covering every possible angle. Trade deficits, government...