Category: Economy

GREECE!!!!

by Harvey Organ Good evening Ladies and Gentlemen: Here are the following closes for gold and silver today: Gold: $1178.50 up $5.60 (comex closing time) Silver $15.66 down 7 cents In the access market 5:15 pm Gold $1180.00 Silver: $15.76...

Gold Is A Necessary Insurance Against Dysfunctional Governments

Gold Is A Necessary Insurance Against Dysfunctional Governments

by Gary Christenson, GoldSilverWorlds Despite the fact that the Greek government has now imposed capital controls and has instructed banks to close for this week, the price of gold had a rather muted response while global equities experienced a sharp...

Jim Sinclair: The World Has Already Ended!

Jim Sinclair: The World Has Already Ended!

from Silver Doctors The world is not going to end. It already has, and you have not noticed.   They will never learn, but why should they? These institutions are gambling with your money, not theirs. They win and they...

Destroying America 101: The Blueprint Exists

Destroying America 101: The Blueprint Exists

by Susan Harris, Freedom Outpost p>I believe there is a plan for destroying America, that it exists on paper, and that thousands of people are involved in executing it. Many are doing it knowingly, some are being used as pawns,...

Marc Faber – Precious Metals And Some Cash Are The Safest Place To Be

Marc Faber – Precious Metals And Some Cash Are The Safest Place To Be

BPlayer(null, {"id":"6irPF44TS4ubdsGcxpxKZw","htmlChildId":"bbg-video-player-6irPF44TS4ubdsGcxpxKZw","serverUrl":"http://www.bloomberg.com/api/embed","idType":"BMMR","autoplay":false,"video_autoplay_on_page":false,"log_debug":false,"ui_controls_popout":false,"use_js_ads":true,"ad_code_prefix":"","ad_tag_gpt_preroll":true,"ad_tag_gpt_midroll":true,"ad_tag_sz_preroll":"1x7","ad_tag_sz_midroll":"1x7","ad_tag_sz_overlay":"1x7","ad_network_id_preroll":"5262","ad_network_id_midroll":"5262","ad_network_id_overlay":"5262","ad_tag_cust_params_preroll":"","ads_vast_timeout":10000,"ads_playback_timeout":10000,"wmode":"opaque","use_comscore":true,"comscore_ns_site":"bloomberg","comscore_page_level_tags":{"bb_brand":"bbiz","bss_cont_play":0,"bb_region":"US"},"use_chartbeat":true,"chartbeat_uid":"15087","chartbeat_domain":"bloomberg.com","use_share_overlay":true,"share_metadata":{"canonical_url":"http://bloom.bg/1FKllyu"},"vertical":"business","ad_tag_overlay":"business/videooverlay","zone":"video","source":"BBIZweb","module_conviva_insights":"enabled","conviva_account":"c3.Bloomberg","width":640,"height":360,"ad_tag":"","ad_tag_midroll":"","offsite_embed":true});

Greece Burns & Gold Prepares To Rally

by Stewart Thomson, GoldSeek 1. As the crisis in Greece (and now Puerto Rico) intensifies, Global markets (except gold) are tumbling. Please click here now. Greek banks are closed, and the situation looks grim. 2. Incredibly, the enormous volatility seen...

ON THE EDGE OF PANIC

from The Burning Platform It was a bad day in the market. It was down 2%. That’s nothing in the big picture. The market is up 300% since 2009. A 2% move shouldn’t be a problem in a normal market....

When Gold is Declared Illegal

by Bill Bonner, Daily Reckoning Over the weekend, the lines in Greece stretched along the street. Around the corner. Down the block. Lines to get cash. Lines to buy gas. Lines of people eager to get their hands on something...

Origins of The Current Crisis

by TF, TFMetals Report Earlier today, our pal Koos Jansen sent out a link to this terrific Dutch documentary from 2012. If you need a reminder of how and why the crisis in Greece has reached these current levels, then...

Is the Chinese stock market bubble finally bursting?

Is the Chinese stock market bubble finally bursting?

from My Budget 360 The Chinese stock market has been one of the hottest tickets lately.  The US stock markets might seem overvalued but in comparison to China with relatively new financial checks and balances, the US looks like a...

Greece Shows Importance of Gold as Europeans Buy Coins and Bars

Greece Shows Importance of Gold as Europeans Buy Coins and Bars

by Mark O’Byrne, GoldCore – Demand for physical gold from Europeans surges – Greek ATMs limit withdrawals to €60 per day – Greeks panic buy food, fuel and medicine – European elites threaten Greece with expulsion – Gold not subject...

“Greek Fire” Contagion Spreads Through Europe

“Greek Fire” Contagion Spreads Through Europe

from The Wealth Watchman Syriza Lights the Molotov Cocktail Well, brothers, it has finally begun.  The moment that all of us “crazy” stackers have stacking silver for in the first place, has now arrived: the beginning of the end of Bretton Woods...

Grexit?, BIS Warning, Chinese Market Crash & Systemic Risk Shake the Global Economy

Grexit?, BIS Warning, Chinese Market Crash & Systemic Risk Shake the Global Economy

by Mark O’Byrne, GoldCore – Persistent low rates leave central banks with no ammunition to fight next crisis – BIS says short-sighted central banks and governments contributed to current weaknesses – Lack of policy options have forced some central banks...