I was not surprised when the Wall Street Journal reported, “Senate Moves to Confirm Trump Fed Nominee Waller, but Shelton’s Candidacy Hits Likely Dead End.” Waller is an insider, currently working for the St. Louis Fed, while Shelton is an advocate of returning to the gold standard. Ms. Shelton was described by some senators as “radical.” The deep state does […]
» Read moreNo, I’m not talking about the political hatred dividing our country. My concern is something deeper. If it doesn’t end, the political divide will grow worse. Wall Street On Parade (WSOP) reports JPMorgan Chase is caught once again: “…. JPMorgan Chase, the largest bank in the United States, has admitted to an unprecedented five criminal felony counts since 2014 and […]
» Read moreThis Wall Street On Parade headline, Now that Indictments Have Outed Gold Manipulations at JPMorgan, UBS says “Buy Gold” grabbed my attention: “While multiple indictments have been handed down against JPMorgan precious metals traders since last year by the Justice Department, charging some of the traders with RICO (Racketeer Influenced and Corrupt Organizations Act) crimes, the bank itself has yet […]
» Read moreGold has been around since the beginning of time. It sits in a lump, doesn’t pay interest; yet governments around the world hoard it, and investment pundits recommend we own some. As kids, we watched movies about pirates stealing it, governments fighting over it and women swooning when they receive it as a gift. Warren Buffett, a former gold critic, […]
» Read moreI recently interviewed Chuck Butler; what is going on and what can regular working-class people do to protect themselves financially? Mainstream Americans work hard to provide for their family and save money so they are not a burden on their family in their old age. It’s crime when government policies, using the excuse of a crisis, can destroy the wealth […]
» Read moreSeveral experts, who are not in the gold business, recently suggested gold will be a good investment in 2019. Zerohedge reports on David Einhorn’s annual letter to Greenlight Capital shareholders with my emphasis: “Gold – Long – U.S. debt to GDP is over 100%. The…U.S. debt has increased by over $2 trillion…. When the economy eventually slows, the deficit is […]
» Read moreThe politically motivated press is having a heyday with the Trump Tariffs and ensuing trade war. Trump calls it negotiations while much of the media predicts Armageddon. How does an individual investor sort through all the media hype, separate facts from hyperbole, and protect their life savings? Good friend Jeff Clark’s recent article, “The Russians Are Coming! The Gold/Treasury Inversion […]
» Read moreI recently interviewed Jeff Clark about using gold as an inflation hedge. Jeff asked why I never write about gold stocks. I own several – time to fess up! Why don’t I write about gold stocks? I don’t recommend stocks, I know my limitations. You can make a lot of money with gold stocks, but you better know what you […]
» Read moreThe US Debt Clock tells us our national debt is around $21 trillion. Social Security promises are approaching $17 trillion – included in the “unfunded” government promises – over $112 trillion. Despite government mandated Cost of Living Increases, our recent article, “An Inconvenient Truth About Social Security” clearly indicates social security recipients have no inflation protection.Each month, seniors and savers […]
» Read moreCentral Banks are rigging the metals markets. Does it signal a buying opportunity? Will they ever be prosecuted for this illegal activity? I recently interviewed good friend Ed Steer who writes Ed Steer’s Gold and Silver Digest, a daily must-read. We discussed an article written by Peter Warburton in 2001 outlining the relationship between central banks and investment banks rigging […]
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