(By GoldCore) The Minister for Finance in Ireland, Michael Noonan, sold his shares in funds that track European and US stocks and diversified his portfolio including allocating some of his personal wealth into a gold exchange traded fund (ETF) in 2014. Noonan sold out of his positions in the Lyxor…
As the U.S. drilling rig count continues to plummet due to low oil prices, ironically, the opposite is taking place in the Middle East. The total number of drilling rigs in the Middle East hit a new record high in February. This spells serious trouble for the U.S. Shale Oil…
(By Chris Hamilton) China, the largest buyer of US Treasury’s ceases buying Treasury’s…and US Treasury yields collapse?!? The Chinese (and others) buy record amounts of gold and create an imbalance of demand over available supply…and prices collapse?!? These are clearly not the actions of a market attempting to find a…
The future of the U.S. Treasury Ponzi Market will likely unfold in two scenarios. Unfortunately, both end up with a crash of the U.S. economic and financial system. Which is precisely why it is important to own physical precious metals before this occurs. Chris Hamilton explains these two scenarios in…
(By Gary Christenson) What storm? The stock and bond markets in the US are doing great, the media has sold the strong employment story, and all those nasty wars are far, far away. So the top few percent are doing well and are sheltered from the storm, but what about…
(By Art Berman) U.S. tight oil production may fall 600,000 barrels per day by June 2015 based on reasonable projections of current rig counts. I compared the decrease in rig counts that began in late 2014 to the rig count decrease in 2008 and 2009 following the Financial Crisis. I…