October 2014

SILVER SQUELCHERS PART 4: And Their Interesting Associates

(by Charles Savoie) “GOLD HAS NO USEFUL PURPOSE TO SERVE IN THE POCKETS OF THE PEOPLE”—Pilgrims Society member Alan Sproul, president of Federal Reserve Bank of New York, addressing the anti-precious metals American Bankers association meeting in San Francisco (Vital Speeches of the Day, December 1, 1949, pages 108-114). “LONDON,…

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The Heart Of The Ponzi??

(by Chris Hamilton) Given the Fed will complete its “taper” shortly…the topic of who has bought, who owns, and who will buy US Treasury debt seems a tad bit important. The 1st slide shows the four distinct classes of US Treasury buyers. It shows who purchased and how much in…

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