The Central banks bought a staggering $1.5 trillion in assets in the first five months of the year to keep the economy from imploding while at the same time, capping the gold price. Yes, it’s true…. $300 billion a month of Central bank asset purchases pushes up STOCK, BOND, and…
(By the Doomstead Diner) Due to my High & Mighty position as a Global Collapse Pundit, I am often asked the question of when precisely will Collapse arrive? The people who ask me this question all come from 1st World countries. They are also all reasonably well off with a…
The once Great Chinese Dragon Economy seems to be burning out as its economic indicators continue to weaken and smolder. One such indicator is China’s rapidly falling industrial silver consumption. At one time, Chinese industrial silver fabrication was consuming nearly a third of the global total. However, this has fallen…
The U.S. economy and markets are now the BIGGEST BUBBLES in history. In 2000, we experienced the Tech Bubble. In 2008, we suffered both a Stock Market and Housing Bubble. However, today… we are in the “EVERYTHING BUBBLE.” This is an excellent video presentation by Mike Maloney at GoldSilver.com. Mike…
The coming GREAT DEFLATION will impact the value of Gold and the Dollar much differently than what most analysts are forecasting. Unfortunately, most analysts do not understand the true underlying value of gold or the U.S. Dollar, because they base their forecasts on information that is inaccurate, flawed or imprecise….
(by Wolf Richter) Up 10,000% in 16 months? These charts truly depict our crazy times “One word, a question: Etherium,” said the guy at my swim club on Sunday. “What do you think? It’s a ten-bagger since January.” Meaning that the value of the cryptocurrency has multiplied by ten in…