The Fed and Central Banks are in serious trouble and certain countries realize it. This can be seen by the change in the gold price and its impact on U.S. gold exports. If the Fiat Monetary Authorities believe a low gold price will discourage investors from purchasing the yellow metal……
(By Charles Savoie) Two ideas about the silver accumulation of JP Morgan Chase—one, it may be used for price suppression at higher levels. That’s exactly what happened with a much larger silver hoard—that of the U.S. Treasury—as a consequence of the Silver Purchase Act of 1934 and Franklin Roosevelt’s “Pilgrimized”…
Think gold and silver will continue to be the whipping post for the banking cartel? No so fast. While the paper game continues it seems the time is running short due to the fact that the energy stored within these precious metals will soon be on the decline. Combine this…
There are 105 trillion reasons to own silver. Very few investors in the world realize this, which makes it one of most undervalued assets in the world. While the paper price of silver could go a bit lower, it’s forming a bottom while the major stock indexes are developing the…
(By Art Berman) Saudi Arabia is not trying to crush U.S. shale plays. Its oil-price war is with the investment banks and the stupid money they directed to fund the plays. It is also with the zero-interest rate economic conditions that made this possible. Saudi Arabia intends to keep oil…
With the last remaining company finally releasing their year-end results, my top primary silver miners lost a combined $1.9 billion in net income in 2014. Â While two-thirds of the group reported significant write-downs (impairments), Â two of the largest companies suffered the highest losses. Even though the group experienced record net…