Posts Tagged ‘ Silver ’

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...
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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...
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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...
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Posted in Financial, OP/ED | 41 Comments »

The Fake Bull Market: A Dollar Mirage

The Fake Bull Market: A Dollar Mirage

José Tomás The SP 500 hit an apocryphal low during the financial crisis of 666 in March of 2009 from which point it has surged to more than double in price in about two years. This bull market is one of the most robust in  US equities history; its only rivals are the end...
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Posted in National News, OP/ED | No Comments »

Gold, Silver And Oil Are All Skyrocketing And That Is Bad News For The U.S. Economy

Gold, Silver And Oil Are All Skyrocketing And That Is Bad News For The U.S. Economy

The following is one statement that you should get used to seeing: "The price of gold set another record today."  Today, spot gold reached a new all-time record of $1461.91 an ounce before settling back a little bit.  Silver is also skyrocketing.  At one point today silver hit $39.75 an ounce.  It seems inevitable...
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Posted in OP/ED | No Comments »

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