The U.S. holds great power over international monetary transactions via the SWIFT network system given the USD's world reserve currency status...It is entirely possible, however, that China and its closest partners might someday implement their own SWIFT system...The world's players could then choose between the two and, given the resentment that exists worldwide toward the U.S. for the bullying of FATCA, many would likely align with China in their SWIFT system. In doing so it would eliminate their need to comply with FATCA and other draconian U.S. demands [which might well bring about a swift] end to the U.S. dollar as the world's default currency.
Read More »What Could – What Will – Pop This “Money Bubble”? (+2K Views)
There is too much debt. Debt works the same way for a country as it works for an individual or a family, which is to say if you borrow too much, then your life basically craters. Everything gets harder to do, and you end up doing things in order to deal with your past mistakes that you would never do normally. You start trying absolutely crazy things, and that’s where the world’s governments are right now. We are doing all these things that are essentially con games and getting away with it so far, because a printing press is a great tool for fooling people. I don’t see how we can get away with it too much longer.
Read More »Latest Gold & Silver Tweets on Twitter (#munKNEE) – Check Them Out
Lorimer Wilson @munknee has an active Twitter account providing links to the BEST gold and silver articles to be found on the internet. They have all been edited/abbreviated to provide you with a fast and easy read. Check them out! There's something there for everyone.
Read More »Pros & Cons Of Investing In Gold & Silver At This Particular Point In Time
Despite the precious metal's recent rally, and though silver may be somewhat more interesting than gold, I'm not convinced that this is a market that most investors want to chase. Here's why.
Read More »Bradley Model Suggests Major Turning Point In Stock Market Is Imminent (+3K Views)
Back in the 1940s Donald Bradley developed a means to forecast the stock market using the movement of the planets which, according to the noted technical analyst William Eng in his book Technical Analysis of Stocks, Options, and Futures, is the only ‘excellent’ Timing Indicator. Below are current Bradley timing model charts indicating a major turning point in the stock markets is imminent.
Read More »Noonan: Comments On Developing Market Activity For Gold & Silver (+2K Views)
Ignore those pundits who are saying PMs are ready to take off. If you apply a little bit of common sense, and you look at these charts, can you draw any other conclusion(s)? Always remember: the markets never lie and here is what they are saying.
Read More »Where Is Gold Likely Headed & Why?
Gold, like any merchandise, changes price according to supply and demand. In this article, we look at the supply and demand to understand where the gold price is possibly heading.
Read More »2 Indicators Suggest Silver Appears to Be Topping – Here’s Why
I believe the signals show that silver is either at, or very close to, a short-term top. Let me explain.
Read More »Bitcoin: the Ins and Outs Of Everyday Use & What the Future Holds (+3K Views)
Bitcoin is a decentralized, global, peer-to-peer, digital, online currency but, that said, most are unsure whether or not it is the future of currency and unaware of the potentially massive impacts this crypto-currency holds. The infographic below shows you the ins and outs of everyday Bitcoin use as a way to save money and provide more autonomy in your financial transactions.
Read More »Average Joe Investors Underperform the Market – Here’s Why
Over the past 20 years, the S&P 500 has produced a 9.2% annualized total return. Over the same period, gold has returned an annualized 6.6%. And bonds? The Barclays U.S. Aggregate Bond Index has returned 5.7%. Based on these figures, what type of return do you think the average investor has achieved over this time period? The answer will shock you. Read on!
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