Posts Tagged ‘ precious metals ’

Precious Metals: What Could Possibly Go Wrong?

Precious Metals: What Could Possibly Go Wrong?

This is an OP-ED. Don’t lose your mind over it – but gold can’t hold at its current price at a ratio of almost 41 to silver. I’m sure everyone knows this, but there is a lot of platinum in the system. It’s used in manufacturing, but no country ever used it as a...
Read more »

Tags: , , , ,
Posted in Financial, OP/ED | 22 Comments »

Popping the Quadrillion-Dollar Derivatives Bubble: Not If, But When

Europe has belatedly grasped that huge Credit Default Swaps are being sold to hedge short positions that cannot be filled. There is a run-up of precious metal, but it cannot continue because all that metal is going to be dumped to cover the enormous margin calls which, because of long hedges, cannot be met...
Read more »

Tags: , , , , , , , , ,
Posted in Financial, OP/ED | 10 Comments »

Silver and Gold: Why Precious Metals Aren’t

Silver and Gold: Why Precious Metals Aren’t

“Silver and gold have always been a way to preserve wealth through recorded history.” That was then and this is now. If you stole Inca gold and took it to Spain, you were wealthy because Spain wasn’t trading with South America. It was plundering South America. If your country started to tank, you could...
Read more »

Tags: , , , , , , , ,
Posted in Financial, OP/ED | 41 Comments »

Let Them Eat Gold: The Precious Metal Bubble

Let Them Eat Gold: The Precious Metal Bubble

EDITED ON Independence Day: Here is a typical reply to this post: “Gold and silver have been storehouses of wealth since the beginning of time.” That’s right, they have – and they still are – FOR KINGS AND NATIONS which field armies and FEED them to protect their precious metals – which are only precious as storehouses...
Read more »

Tags: , , ,
Posted in Financial, OP/ED | 9 Comments »

Rich Dad, Poor Dad, Prepper Dad? Even Robert Kiyosaki Is Warning That An Economic Collapse Is Coming

Rich Dad, Poor Dad, Prepper Dad? Even Robert Kiyosaki Is Warning That An Economic Collapse Is Coming

Are you familiar with Robert Kiyosaki? He is best known for the "Rich Dad, Poor Dad" series of books.  Over 26 million books authored by Kiyosaki have been sold and he is recognized as a financial expert by millions of people across the globe.  Well, guess what?  Even Robert Kiyosaki is warning that...
Read more »

Tags: , , , , , , , , ,
Posted in Financial, OP/ED | 1 Comment »

Switch to our mobile site