While the world has entered into a financial crisis, the worst is still yet to come. When the global contagion continues to spread, the crisis will turn into a FINANCIAL STORM, in which few are prepared. Unfortunately, the analysts on CNBC and Bloomberg continue to provide incorrect forecasts because they…
There’s more evidence finally surfacing in the media of the dire energy predicament the world is now facing. The negative ramifications of peak oil and the falling EROI were going to hit the world economy within the next 2-5 years, but the global contagion has sped up the process considerably. …
Today, the global gold spot markets broke down as prices varied considerably from the different exchanges. Moreover, U.S. Mint sales of Gold and Silver Eagles surged again this week. Gold Eagle sales are so strong in March; they jumped 1,700% compared to February!! At one point, the gold price was…
The precious metals market continues to experience unprecedented demand for silver bullion products. Even with the Fed increasing its liquidity injections by providing “Open-ended” QE to infinity, the Dow Jones Index today is still selling off considerably…. down 900+ points. There is no way the Fed and central banks can…
The oil price collapse is a bad omen for much worse things to follow. The global contagion is impacting the U.S. economy and the domestic oil industry far greater than I realized just two weeks ago. As I try to allow my analysis to “Catch Up” to the gravity of…
I was finally able to spend some time today talking with precious metals dealer, Tom Cloud this morning. Tom Cloud, like all precious metals dealers, has been busier this past week than in the last 30-40 years. The response I’ve seen by many of these dealers, they haven’t seen anything…