(By Charles Savoie) The path towards fiat is always the same. First, assassinate silver. Second, hit at gold! Recall in the first episode of this series we documented the hostility of the N.Y. Clearing House Association to monetary silver. Manufacturers Hanover was in on the frenzy to winnow silver…
According to the work of Gary Christenson, the price movement of silver over the past several years resembles what took place during the 1970’s, when silver shot up to nearly $50 in 1979. Gary provides some excellent charts showing similar silver sentiment cycles during the 1972-1979 & 2008-2014 time periods….
The U.S. Empire is in real trouble. This is due to its idiotic business model of selling quality assets while acquiring massive liabilities and debts. Of course, the U.S. Government realizes this is not a sustainable way to do business, but at least for now…. we continue to have our…
(By Koos Jansen) In anticipation to the launch of the Shanghai Gold Exchange international board, that presumably will start shifting gold pricing power from West to East, in this post we’ll examine the historical trading volumes of the Shanghai Gold Exchange (SGE), the Shanghai Futures Exchange (SHFE) and the COMEX….
(By Charles Savoie) HSBC USA in recent years was listed on the roster of the Silver Users Association (circa 2006). HSBC, with over 8,000 offices, appears to remain at the “centre” of silver price suppression. Sir Ewen Cameron whose family traced back into the 13th century, joined the Caledonian Bank…
(by Gary Christenson) Gold persistently rallied from 2001 to August 2011. Since then it has fallen rather hard, down nearly 40% at one point, but it currently looks ready to rally for the balance of this decade. WHY SHOULD WE EXPECT THAT GOLD WILL RALLY? The answer, in my opinion,…