Monthly Archives: April 2011

Rick Santelli – Gold Rally is Thumbs Down for Bernanke & Fed

April 30, 2011
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With the Fed press conference this week and gold closing at new all-time highs, today King World News interviewed Rick Santelli, CNBC’s Business News on-air Editor. When asked about the run in gold and silver Santelli remarked, “I always like to let the market speak for themselves, I don’t get into any hot water that…

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Richard Russell: A Gold Tsunami Is Coming – Prieur du Plessis

April 30, 2011
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I do not always agree with 86-year old Richard Russell, author of the Dow Theory Letters, but there is no disputing that he has been on the money with his gold recommendations ever since the low of $250, 10 years ago. He believes a final explosive phase the yellow metal is approaching – a viewpoint…

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Secret Silver Buying by Russian Billionaire, Chinese Traders, and People's Bank of China to Lead to Comex Silver Default? By: Gold Core

April 30, 2011
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Gold rose to new record nominal highs at $1,540.85/oz in early Asian trading last night. Silver and gold remain very close to nominal highs today as the beleaguered US dollar remains under pressure due to ultra loose US monetary policies, deepening inflationary price pressures and concerns about the feeble economic recovery. Gold has risen 8%…

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What Is the Purpose Of A Gold Standard? – Nathan Lewis

April 30, 2011
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Even its adherents have an imprecise grasp on why we need gold-defined money. What is the purpose of a gold standard system? If you ask the typical academic Keynesian economist this question, he would probably say that there was no purpose at all. People used gold just because it is shiny and beguiling, and therefore…

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Gold on Track to Reach $1860 – $1920 by Mid-year By: Lorimer Wilson

April 30, 2011
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The Golden Parabola is continuing to follow the cycle of the 70’s Gold Bull as the U.S. Dollar is further devalued against Gold to balance the budget of the United States at this point in the “paper currency cycle” where Global Competitive Currency Devaluations rule. As discussed in a recent editorial this point in the…

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Global systemic crisis: Second half of 2011 – Get ready for the meltdown of the US Treasury Bond market

April 29, 2011
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Beyond its tragic human consequences [1], the terrible disaster that has just hit Japan weakens the shaky US Treasury Bond market a little more. In the GEAB No. 52, our team had already explained how the sequence of Arab revolutions, this fall of the “petro-dollar” wall [2], would translate during 2011 into the cessation of…

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Losing Faith (In The U.S. Economy)

April 29, 2011
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Are the American people losing faith in the U.S. economy? The statistics that you are about to read might surprise you. Not everyone believes that the U.S. economy is dying (there are still millions out there that will swallow anything that the mainstream media tells them), but the reality is that there is a growing…

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Doug Casey: Precious Metals vs. the USD

April 29, 2011
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Doug Casey: The only things that are doing well are the stock and bond markets. But the markets and the economy are totally different things—except, over a very long period of time, there’s no necessary correlation between the economy doing well and the market doing well. My view is that the market is as high…

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Panic Selling of The U.S. Dollar Now Underway as Debt System Implodes

April 29, 2011
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(NaturalNews.com) To most Americans it’s unthinkable that the U.S. dollar could someday be relegated to second-class status as a currency, but what they may not realize is that the transition is already underway. Reports this week marked the dollar’s continued slide – it reached a 16-month low against the euro and slid to a historic…

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Don't worry about silver until it hits at least $100, says Jim Rogers – James McKeigue

April 29, 2011
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Commodities bull Jim Rogers has admitted he is worried that silver might go “parabolic” and crash later this year. The 69-year-old investor remains confident that gold will continue to rise but says that if silver continues to rise at its recent rate, “you’ve got a bubble”. Rogers is well known for attracting press attention, famously…

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2013-05-20 04:34:52