The world is facing a Seneca Cliff like collapse in the future. Ancient Roman philosopher Lucius Seneca stated, “the increases are of sluggish growth, but the way to ruin in rapid.” Unfortunately, due to the massive amount of debt the world, the economic and financial systems are becoming more unstable….
The top three U.S. oil companies released their financials today and the results were completely horrible. Exxon Mobil was the only one of the three that still made a profit for the first half of the year, however it was down a stunning 62% compared to the same period last…
We will be hosting the first Live SRSrocco Report Precious Metals Webinar on Tuesday, August 2nd at 6 pm EST. This is a chance for individuals to ask any questions about gold and silver as well as the retail-wholesale precious metals market. CLICK HERE TO: SIGN-UP For The SRSrocco Precious…
There was a huge trend change in U.S. gold investment in May. Something quite extraordinary took place which hasn’t happened for several decades. While Switzerland has been a major source of U.S. gold exports for many years, the tables turned in May as the Swiss exported a record amount of…
The U.S. financial system continues to disintegrate even though most Americans hardly notice. The system is being gutted from the inside out… much the same way a chronic disease weakens a patient even before any symptoms are felt. However, we are already experiencing painful symptoms as U.S. economic indicators continue…
In this week’s precious metals update, Tom discusses the continued Sovereign debt crisis and how Japan is getting ready to flood the market with more liquidity and is talking about issuing a “Perpetual Bond” that has no time limit on it and pay no interest. This has sparked a rise…