All the hype surrounding Bitcoin is a dead giveaway that you should be suspicious. Forget all the economic arguments against the currency, though. The biggest risk is a technological one. Add in the neck-snapping volatility, and you’re telling me this is the future of money? Keep dreaming! It’s little more than a wild speculation. One with a fatal flaw, at that, so please, whatever you do, refrain from converting your life savings – or any meaningful amount of money – into Bitcoins. At least until you read this article.
Read More »Possible Mega Default In China On Jan.31 Could Be Next “Lehman Brothers” Moment – Here’s Why (+2K Views)
Did you know that financial institutions all over the world are warning that we could see a mega default on a very prominent high-yield investment product in China on January 31st? We are being told that this could lead to a cascading collapse of the shadow banking system in China which could potentially result in sky-high interest rates and a precipitous plunge in credit. It could be a Lehman Brothers moment for Asia and, since much of that "hot money" has flowed into stocks, bonds and real estate in the United States, that would be very bad news for the U.S. as well. [Let me explain.]
Read More »Noonan on Silver: Wait for Price to Confirm Its Intent – Then Start Stacking! (+2K Views)
Do not mess with Mother Nature! The natural law of supply and demand will always rise up from under the distorted efforts to contain it. The good news is that each passing week brings silver closer to its inevitable resolve: a powerful rally that will surpass all others.
Read More »Argentina In Advanced Stage of Yet Another Financial Panic/Meltdown (2K Views)
With international reserves in virtual free-fall, the black market peso rate plunging, and no sign for months that President Kirchner has any appreciation at all of the gravity of the situation, the country is in the advanced stages of another financial panic/meltdown. This will end badly, another chapter in the long history of Argentine financial crises extending back almost 100 years.
Read More »Gold vs. Bitcoins: Gold Bugs Shouldn’t Be Bitcoin Bashers! Here’s Why (+3K Views)
Bitcoin bashers and angry gold bugs have missed the bus and are missing the point. While Bitcoin may be attracting some of the investment dollars that would otherwise be flowing into gold, the two are actually quite complimentary and can co-exist nicely. This article explains why that is the case.
Read More »These 10 Charts Suggest the Outlook for Gold Is Good for 2014 and Beyond (+3K Views)
Very poor sentiment towards gold and oversold conditions is reminiscent of the conditions seen in late 2008 and January 2009 [as seen in the chart below] when gold prices had fallen by more than 25% in 9 months. Subsequently, gold rose from a low on January 15, 2009 at $802.60/oz to a high less than 12 months later at $1,215/oz for a gain of over 50%. A similar move today would see gold above $1,800/oz by year end.
Read More »It’s Time to Go Bottom-Fishing & Buy Gold Miners! Here’s Why (+2K Views)
Following a brutal year for bullion in 2013 and an even worse year for gold miners, those bullish on the yellow metal and the companies that extract it from the earth may finally have something to hang their hats on.
Read More »Is Gold Still In A Downtrend? Yes – and No – Depending On How You Look At It (+2K Views)
Is Gold still in a downtrend or has it actually broken its downtrend? Both as it turns out, but only if viewed from the proper perspective. Let me explain.
Read More »Noonan: The Trend in Gold Remains Down – But For How Long? (+2K Views)
If your perception is focused solely on where the price of gold is, as opposed to where you think or believe it ought to be, the elites would like to sell you a renewable subscription to their “Fiat Is Better” newsletter.
Read More »Construction of Keystone XL (oil) Pipeline Through American Mid-west: The Pros & Cons
Below is an infographic presenting a crash course in the need for, problems with, and benefits of, building the Keystone XL pipeline from Alberta through the American midwest to the refineries in Texas.
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