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Imo silver is going to play a major role in US fiscal policy. Gold is typically used to settle trade but silver has always been a currency of the people minus 100 years.
I hope so although I don't believe Cruz can win a GE. I like em both but Trump seems to be the one more aligned with the populous imo
More evidence that America has become a weak nation.
Your post speaks to the optics of the western media. China doesn't need to tell the rest of the world it's the Alpha because the world already knows this to be true. Returning to a time when conflict was resolved through finance and economics rather than war and invasion.
This is why the world rallies around China and not the USA. The western media doesn't tell the real story as usual. If it did it would recognize America pushes it's inflation down the throats of most countries while its citizens eat like little piggies
I can't imagine anyone including China wants another 100 years of this Keynesian nonsense
Ask your neighbor to hold it for you and see if he pays you back in dollars
Agreed and that's an excellent recommendation. Diversifying into an tangible asset like phyzz is most certainly advisable imo
BAA
Negative interest rates support gold because it takes the argument "gold has no yield off the table". Now only one asset out of the 2 can be mass produced out of thin air. Are you expecting a mad rush into the $USD again?
The world knows the US and it's Treasuries are insolvent but they will buy up zero coupons for volatility not yield. But the dollar has to come down to bring balance to the overbought multinational corps and their overseas balance sheets. Doesn't this put pressure on US stock indexes? FUBAR my friend!
Miners can save in gold and they will if the price is right. I agree miners only work with a perfect storm but I think we're about there. I expect a rate hike in June and and a retraction shortly after as the the US heads into bail-ins and negative interest rates
BOA 3% mortgage program should have been the first clue that negative rates are on the horizon
Nice day today
She will likely run off the debate stage crying and asking for more control in the debate rules. If an elderly hack with the initials BS can rattle her her chain Trump should be able to send her lying ass packing to the big house
Yup it's meant to keep the mindless sheep in the $USD
The Fool at 1600 will be gone and most of these gutless governors will still be in office. Perhaps it's time for another Mitt Romney speech to pull everyone together. Maybe a one way trip to the new Satanic Playground?
Nothing is certain whether it be gaps that are expected to close on a chart or whether gold trades like a commodity vs. money. Gold is shedding its commodity skin and is assuming it's generational accounting role as a true currency/ money.
Parallel currencies are on the horizon it's just a matter of when. Smashing down the price again to 980.00 oz is becoming problematic for the paper gold manufactures.
BAA
That would make Trump a Trojan horse of the socialist kind.
I may file this away..thanks for sharing
:)
Asians Indians and Russians will know it and they will capitalize on the bullion prices cleaning out the remaining inventory. Americans will chase more dollar denominated charts
Win win?
Thank you sir and I do like the name of your alias. I have seen it done FYI but to your point it's not easy. BAA
Agreed the market speaks volumes of Banro's price today. If your goal is to amass the highest pile of USD's I wish you well. If it's to pay off real estate I bid you good luck and good fortune sir.
But there are a number of ways to make money only we may have a difference of opinion as to what money actually is.
Amen brother and don't waste the energy imo. The one thing I have learned is the majority don't know and or don't care to learn from those that do when it comes to finance and economics. This is not directed at anyone in particular btw just my experience in general
I am far from any sort of expert but I do know that nobody will trade their way into a fortune if they chase debt denominated dollars and assets. The game is going to change soon and very few seem to understand
BAA
Totally agree but I don't know where this goes since western media is so dishonest. Most Americans think the term BRICS is something used to build homes and schools
Yes
Interesting article that shockingly didn't make the western media
http://www.bbc.com/news/world-latin-america-35919248
To those that served
Agreed anything with counter-party risk will be and is currently fair game to cyber attacks as well as others. Gold and silver bullion held outside of the banking system is the ultimate hedge against these threats. BAA
The problem is he continues to be the #1 firearms salesman year after year.
It's good news indeed! Happy Easter everyone..BAA
150 million motivated organized and armed men and women don't need a court to determine the fraudulent case that has been presented here.
If the right leader materializes this is a non issue imo. The issue is who pays the piper because he must be paid. Hello 3rd world America and back to the beginning she goes but at least she maintains her sovereignty
Either way this gets real ugly for sovereign AMERICANS imo
Possibly but the Republican Party may not come together either. It's very concerning imo
It's time for a new party imo
Absolutely I agree that he's one of the few worth following
Rickards: The Golden Chameleon
http://www.darientimes.com/65198/rickards-the-golden-chameleon/
"Gold’s role as money is difficult for investors to grasp. One criticism of gold is that it has no yield. Gold has no yield because money has no yield. In order to get yield, you have to take risk.
Bank deposits, and so-called money market funds have yield, but they are not money. A bank deposit is subject to default by the bank as we saw recently in Greece and Cyprus. A money market fund is subject to collapse of the fund itself as we saw in 2008. Gold does not have these risks"
A page taken from Atlas and unfortunately there's nowhere to run...
Hold Onto Your Hats, Price Controls May Be On The Way
by Paul-Martin Foss • March 22, 2016
If you thought negative interest rates were as bad as it could get with central banks, you might be in for a surprise. Central banks have been so spectacularly unsuccessful with their accommodative monetary policies that they are discussing pulling out all the stops to get the results they want. They fail to realize that the reason prices aren’t rising is because they really want and need to fall. Bad debts weren’t liquidated during the last financial crisis, the debtors were merely bailed out. Overpriced assets weren’t allowed to be reduced in price. Central banks pumped trillions of dollars into the economy to attempt to paper over the recession. Market forces want to drive prices down, while central banks attempt to prop them up. So what to do when central banks aren’t getting their way?
Central bankers may very well recommend price controls in an attempt to “jolt the economy out of its doldrums.” Of course, economies don’t go into doldrums and they can’t be jolted out of them. Recessions are not something endemic to the economy but are rather the result of central bank monetary intervention. Because central banks refuse to acknowledge their culpability for causing recessions, their methods for responding to recessions end up being more of the same thing that caused them in the first place: monetary easing. And now that those methods are proving ineffective, more drastic measures might be on the way. Remember that the last time all-out wage and price controls were implemented in the United States was in the early 1970s, also a time of great monetary turmoil. In fact, the price controls were instituted by President Nixon at the same time as he closed the gold window in 1971.
As Ludwig von Mises pointed out many decades ago, once you begin to institute price controls, you inevitably lead to socialism.
It must add to the first decree concerning only the price of milk a second decree fixing the prices of the factors of production necessary for the production of milk at such a low rate that the marginal producers of milk will no longer suffer losses and will therefore abstain from restricting output. But then the same story repeats itself on a remoter plane. The supply of the factors of production required for the production of milk drops, and again the government is back where it started. If it does not want to admit defeat and to abstain from any meddling with prices, it must push further and fix the prices of those factors of production which are needed for the production of the factors necessary for the production of milk. Thus the government is forced to go further and further, fixing step by step the prices of all consumers’ goods and of all factors of production – both human, i.e., labor, and material – and to order every entrepreneur and every worker to continue work at these prices and wages.
That is why no one should be surprised that the governments of Japan, Europe, and the United States might resort to price controls to try to achieve what monetary policy could not. It follows logically, after all, since central bankers are in the price-setting and price control game to begin with. The interest rates that central bankers target or set are themselves prices, prices of money being loaned overnight or of money being deposited with the central bank. The aim of targeting or setting those interest rates is to influence interest rates and prices in the broader economy. So if that limited price-fixing doesn’t work, governments will expand their efforts to fix even more prices. It may not come directly, at least at first, but rather through some sort of incentivization. Pressure may be brought to bear to raise wages, using tax policy as either a carrot or a stick. The aim and the effect, though, will be to move prices to where the government thinks they ought to be, not what the market can actually bear.
If price controls are in fact enacted, it will make it all the more obvious that economic planning on the parts of central banks and governments must be firmly opposed. It will separate the wheat from the chaff, those who actually support economic freedom from those who are willing to rationalize central planning. Anyone who claims to stand for free markets, free trade, and limited government but who attempts to defend the existence or importance of the Federal Reserve or central banking is a liar. Either you support free markets and freedom of pricing or you support central bank price-fixing and creeping socialism. There is no third way or middle road – socialism and the free market are mutually incompatible. A little bit of socialism in the form of price-fixing is like a little bit of gangrene, if left unchecked it will eventually infect and kill the whole. Now that governments and central banks may endorse further price controls as a remedy, the monetary policy facade has been torn away to reveal the reality that it is just another tool that leads to intensified central planning. Will enough people rise to the occasion to oppose further transgressions against monetary and economic freedom, or will they shrug their shoulders as our society continues to slouch towards socialism?
http://mengercenter.org/hold-onto-your-hats-price-controls-may-be-on-the-way/
There are plenty of us here with 6 figure positions that understood that Chinese reference. BAA
Solid article worth the read
Lol did you do any research on this company? BAA
That's awesome
Maybe instead they extract the Intel from this coward take him out back put 2 in the head and call it a day.
Tell the lawyer to take a hike
One year ago it was a 1.4 quadrillion derivative bill payable in full by the bag holders of the world aka pretty much everyone holding paper assets.
This madness is going to reset one way or another
Yea it's gotta be a correction on the gold/silver dance floor. Too much leverage all around and something has to give. All the wrong folks are jumping on the 3% mortgage delusion as more paper backs up the proverbial flusher.