(by Chris Hamilton) Yen weakness is relative dollar strength is gold weakness…or said otherwise in the land of the blind, the one eyed man is king. If the correlation hasn’t become obvious by now…the carry trade around the Yen and the BOJ’s plan to depreciate or bust seems to have…
The amount of leverage in the U.S. Dollar fiat currency system reached an all time high in 2013. Even though the growth in total U.S. currency more than doubled since the collapse of the Housing and Investment banking system in 2008, the majority of the increase was from just one…
(by Charles Savoie) “They control the currency and banking system as well as the government and the Federal Reserve. They were safe in permitting others to develop the power systems with moneys invested by the public. Then by manipulating a depression and by retroactive laws written for the purpose, they…
The U.S. Mint announced to its Authorized Dealers that its was sold out of its Silver Eagle inventories after the price of silver fell to $15 today. According to the Breaking News Update at SilverDoctors website, over 2 million Silver Eagles were sold in less than two hours. Which means…
As the Banking Cartel continues to push the paper price of gold lower, the Comex experienced another large withdrawal of gold from its inventories. The largest withdrawals came from the vaults at HSBC and Scotia Mocatta. In just one day, 321,650 ounces of gold were removed from the Comex: As…
(By Chris Hamilton) My article “10,000 tons of gold…The math says China could have easily done it!” explains how it’s possible or even likely China has amassed 10,000+ tons of gold. What it doesn’t explain is the context as to why this is so important. I know some now this…