The next black swan is already staring us in the face. It's out of control currency debasement and it's going to be a collapse in the purchasing power of the US dollar. [After all,] does anyone seriously think that we can print trillions of dollars out of thin air for five years and not eventually have something bad happen?
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Noonan: Charts Say “Still No Ending Action to Decline In Gold & Silver” (+2K Views)
The decline is holding near the last swing low. Will the June low hold? The odds are greater for the low not holding, based on the trend, but there is no way to determine the probability of the June low giving way, for it is possible it will not.
Read More »China’s Reining In of U.S. Treasury Purchases Will Precipitate U.S. Dollar Collapse (+4K Views)
The People’s Bank of China is reported by Bloomberg to have said that it will rein in dollar purchases as the country no longer benefits from increases in its foreign-currency holdings...What implications will this have? I believe that we'll see the start of a U.S. dollar collapse. Here's why
Read More »Noonan: Charts Say NO End In Sight for Decline In Gold & Silver Prices (+3K Views)
No matter what the latest “news” development is for PMs that paints a rosy picture, those in the fundamentalist camp are looking through rose-colored glasses to expect change in the near future. The charts for gold & silver continue to tell a more accurate story that belie all known fundamentals, and the charts shown here depict a market in decline with no apparent end in sight.
Read More »Noonan on Gold & Silver: “When Fundamentals Fail, Charts Prevail” & This Is What They’re Conveying (+3K Views)
Fundamentals are relative, charts are absolute. They accurately reflect all that is going on, regardless of reasoning/motivation and...right now, the charts are letting us know that higher PM prices are unlikely to occur anytime soon. Barring some kind of “overnight surprise” that will shock the markets, odds favor lower prices over higher prices unless and until demand shows up in chart activity.
Read More »Bitcoin Buzz from Visual Capitalist (+3K Views)
What currency is feared by the European Central Bank as a threat to fiat monetary institutions? What currency is cash-like but digitally transmittable allowing for ultimate anonymity and global mobility? What digital currency is up over 2,200% over the last year? It's Bitcoin.
Read More »Noonan: When Will Silver Rise to Higher Values? Here’s the Answer (+2K Views)
It takes time to turn a market around, and silver is in that process. There is no degree of certainty that a bottom has been reached, but there exist at least a probability the recent lows may hold. Whether the lows hold or not, one cannot lose sight of why accumulating silver has been so important. When price finally accelerates higher, the trying of one’s patience will quickly be forgotten and all will be well.
Read More »China Converting U.S. Dollar Debt Holdings Into Gold At Accelerating Rate (+14K Views)
China, Russia and other nations are exiting their dollar-denominated holdings in favor of gold. This action should put pressure on the dollar and U.S. treasuries, pushing not only central banks, but mainstream investors towards the safety of precious metals and other tangible assets that cannot be defaulted on. There will be a rush out of dollars and into assets with no counter-party risk, it is just a matter of how soon it happens.
Read More »This Proposed Law Would Ban Use or Possession of U.S. Dollar in Russia (+5K Views)
If the U.S. national debt continues to grow then the U.S. dollar system will collapse in 2017 suggests a Russian lawmaker in submitting a bill to the country’s parliament that would ban the use or possession of the American currency.
Read More »Gender Equality: U.S., U.K., Canada & Australia Fail to Crack Top 10
The World Economic Forum released its annual Global Gender Gap Report for 2013 measuring gender disparity between men and women around the world…and disappointingly the United States didn’t even make it in the top 20! How did your country fare?
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