We are in one of the most complex conundrums in financial history. On the one hand we have vast amounts of cash that creates tremendous liquidity with interest rates at virtually zero, G7 finance ministers at least alarmed about the high level of liquidity yet it is becoming obvious even to them that monetary policy can not […]

QUESTION: What about the gold inventory decline. Is this not significant? ANSWER: No. The inventory at COMEX has always been volatile. Inventories rise and fall without any leading indicator to price. Supplies will shift also between London and New York. Inventories dropped sharply after 1980 as well. Manipulators often play with the inventories of all […]

A number of readers have asked doesn’t gold survive a Mad Max event? Historically, the answer to that is no. Dark Ages seem to be the total collapse of all economic activity on a collective basis. This is why there are huge gaps in the monetary history in Greece, Western Europe after the fall of […]

A Journalist at the New York Times discovered how Wikipedia is abused by rivals and even the government. They allow anyone to change anything on living people and slander them becomes standard operational procedure. They hold themselves to be high and mighty, but we traced bogus entries and they came back as towns where the […]

Why people seem to think that I disagree with GATA I am not sure. I have had contact with Bill and Chris since at least 1999 over the years casually – not regularly. To the best of my knowledge they are NOT part of the crowd that claims there is no gold in Fort Knox. […]

Gold trades technically not fundamentally. Why there are so many gold promoters selling fundamental gibberish is amazing. To me this is suspicious. They are so desperate to get people to buy and have no regard for their financial survival. Here is SPOT gold back to 1975 on a quarterly basis. All the same fundamental nonsense […]

The whole idea of “socialism” is based upon the same theory that led to the overthrow of the Shah and the birth of Islamic Radicalism in 1979. What is the connection? Both hold that the private sector cannot be trusted and that the state should manage the economy. In Iran, it became the religious clerics […]

We firmly believe in privacy and liberty. Ideas even like Bitcoin count on the simple fact that there is some RULE OF LAW that will be respected. There is none. As the Sovereign Debt Crisis unfolds, they are really hunting down everything they can possibly get their hands on. Canada is now taking the position […]

The History of the Dow Index It was on July 3rd, 1884, when Charles Henry Dow first began publishing his Dow Jones Index Average. Eight months later when the index was being published daily it was composed of 12 stocks, 10 of which were railroads. Keep in mind that it was the railroads that were […]

The 1987 Crash The 1987 Crash also became known as Black Monday referring to Monday October 19th, 1987. It was a fateful day when the US stock market crashed, creating a wave of confusion as capital and government failed to grasp the real underpinnings of currency. The 1987 Crash came precisely to the day on […]