Tuesday, April 26, 2016

Currencies Around The World Race To ZERO -- Jeff Nielson

Mario Draghi pledged to destroy the Euro last week with Bazooka money, Japan continues to debase the Yen, Venezuela has hit outright hyperinflationary status, and currencies around the world are in an unprecedented suicidal race to zero - while the blasphemous Banksters in the City of London lick their chops on Threadneedle Street, as their plans to kill cash entirely are well underway. In an environment such as this, there remains only one good question: Got PHYSICAL gold and silver?

Friday, April 22, 2016

Nick Santiago - Will Gold Go Parabolic?

Nick Santiago has been an astute market observer and trader for many years. Now he's guardedly optimistic about precious metals. He'd like to see gold trade sideways for a while, which he believes will set up the next advance. He's thinking that $1400 by the year's end isn't unrealistic. But either way, Nick will be trading a downward trending stock market and he doesn't see much good in the offing for oil either.

Tuesday, April 19, 2016

Michael Pento - Global Currency Depreciation Derby - Gold Big Winner

Financial expert Michael Pento warns, “One thing you cannot fake, you cannot fake the amount of revenue that comes into the government’s coffers. That’s what’s available to service debt. That you cannot fake. When that amount of income diminishes, you are left with currency monetization--debt monetization. This is printing of your currency, counterfeiting your currency and buying debt. That’s where we are headed. That’s what happened in Georgia, Zimbabwe, Weimar Germany, Hungary, and it’s going to happen again. It’s not going to happen in some isolated banana republic or a small part of the developed world. It’s going to happen across the developed world. All of the major economies are going to fall into the same trap. It’s going to be a currency depreciation derby, and gold is going to be the big winner.”

Friday, April 15, 2016

The Inevitable Run on Gold

"When paper money systems begin to crack at the seams, the run to gold could be explosive."

- Harry Browne, Libertarian Party Presidential candidate 1996 & 2000

Tuesday, April 12, 2016

Jeff Deist And Jay Taylor - Banks Are Dangerous

Central banks — and central bankers — are in uncharted waters. They don't know how to create economic growth, they don't know how to fight the great bogeyman of deflation, and they don't know how — or if — they'll ever be able to return to a time of "normal" monetary policy. Their pretense of knowledge, of being able to effectively control currencies used by billions of people, is coming to an end.

But it's not just an academic issue — all of us are affected by the possibility of negative interest rates, prohibitions on cash, and bank bail-ins. Will you be able to get cash out of your bank or money market account if the economy suffers another crash like 2008? Will governments force us into cashless, digital-only payment systems, tracking our every purchase and creating black markets in the process? Will you have to pay your bank, in the form of negative interest rates, for the privilege of holding your money? And will your deposits take a haircut if your bank suffers losses from its bad loans?

Jeff joins Jay Taylor on his radio show to discuss how both central banks and commercial banks are poised to change your life in some very unpleasant ways.