‘Authors’ Archives
Gold is Not in a Bubble
One of our clients sent us the latest article by Nick Guarino (Wall Street Insider - wasn't it called Wall Street Underground a few years back when he was selling his advice, for thousands of dollars, on how to use futures and options in the stock market and make a fortune - before the crash of 2008? I suspect it did not end well for those who [...]
National Debt from a Big Picture Point of View
READ THE FULL NEWSLETTER You can bet your last nickel that the Commercial shorts of all descriptions in the Comex futures market in gold and silver were either covering, or going long themselves yesterday. -Ed Steer The CME Group raised margin requirement on COMEX gold futures by 27 percent, the biggest hike in more than two and a half years and [...]
Gold Mining Shares
READ THE FULL NEWSLETTER This Currency, as we manage it, is a wonderful machine. It performs its Office when we issue it; it pays and clothes Troops, and provides Victuals and Ammunition; and when we are obliged to issue a Quantity excessive, it pays itself off by Depreciation. - Benjamin Franklin Yesterday, my son Andy and I attended a [...]
Tuesday’s market mauling
READ THE FULL NEWSLETTER "They say the price of gas could soon be under $3 a gallon. Do you know what that means? You can now afford to drive by the house you used to live in, go by the job you used to have, and go see the bank where you used to have money." -Jay Leno Today's daily will be longer than usual. I have enclosed some pictures from [...]
The Fed refused to disclose the sums it lent to the banks in 2008
READ THE FULL NEWSLETTER My last daily was on August 4th. Gold was $1,648.80 and silver was $38.88. Can you believe that gold has risen $680.60 in the last year? And silver is up 26.05; a whopping 144.78% (after-market, 5:51 PM). I would never have imagined that my being away would have such a positive affect on the markets. Susan and I had [...]
Whistleblowers Coming Out of the Woodwork
READ THE FULL NEWSLETTER QUOTE: "He that goes a borrowing goes a sorrowing." Benjamin Franklin You know what is funny? My father living in this tent! If you knew my dad you too would laugh! When he sent me this picture, I burst out laughing until tears welled up in my eyes. Last Friday I received an email saying that he and my mom [...]
Rising Interest Rates and Dependence on Foreign Investment
READ THE FULL NEWSLETTER Two weeks ago, while speaking at the Agora Conference in Vancouver, a man who reads my newsletter approached me with a sullen look on his face and before he spoke, he sighed in exasperation. He said, "Andy, I have wanted to buy gold for years, and every time I broach the subject with my wife my financial advisor or my [...]
Illusion of Prosperity in the US
READ THE FULL NEWSLETTER QUOTE: "If the average American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and the corporations that will grow up around them, will deprive the people of all property until their children will wake up homeless on the continent that their [...]
Massive dollar inflation the by-product of massive dollar devaluation
READ THE FULL NEWSLETTER QUOTE: The worst evils which mankind has ever had to endure were inflicted by bad governments. -Ludwig von Mises I am an optimist, I always have been. But as I look to the future, I see less to be optimistic about. I see my friends, a middle class being decimated by inflation and taxes. I see more and more people out [...]
What if gold is to be used to back a new world reserve currency
READ THE FULL NEWSLETTER QUOTE! Ron Paul told CNBC what he worries about most is "the consequence of currency destruction is violence. And boy, every day there is more violence, whether it's in London, demonstrations in Israel, all around the world, revolutions are going on." "How high will gold go Andy?" I am asked that question just [...]
