‘Quantitative Easing’ Archives
The 5 major US banks control 97% of all credit derivative swaps
READ THE FULL NEWSLETTER Today's daily is EXTRA important. Please take the time to read it all!!! As I write this, at 3:30 a.m., gold and silver are moving up fast and have recaptured all of yesterday's losses. Jim Sinclair issued the following announcement early last night: The Most Powerful Body In Finance And What They Mean To [...]
I Bought Platinum Yesterday. Do You Want to Know Why?
READ THE FULL NEWSLETTER I lost count how many articles I read in the last 24-hours that concluded with the Fed's announcement yesterday's, that they will keep interest rates near zero at least until 2014, and that QE3 was "on the table," gold is now in a "risk-on rally" take off. It is a fact, central banks are now "printing money to a [...]
Overt or Covert, “QE to Infinity” is Here
READ THE FULL NEWSLETTER Back in August 2011, a whopping five months ago, I was AMAZED when the Fed outwardly expressed its FEAR of global economic COLLAPSE by announcing an extension of its "ZIRP," or Zero Interest Rate Policy, until "at least mid-2013." I have long espoused that Bernanke & Co. have never had a clue what they were [...]
Mr. Edelson, it looks like you are wrong.
READ THE FULL NEWSLETTER As long-time readers know, I do not trade gold and silver based on short-term trends. I identify a long-term bull market and "ride the bull," which is not easy to do. I believe that the biggest dis-service a newsletter writer can do is to scare you with predictions of an eminent fall in the price of gold and silver. [...]
We Are Moving Toward Hyperinflation
READ THE FULL NEWSLETTER I have been thinking lately about how best to describe Ranting Andy Hoffman. I have decided that the term that best describes Andy is an "angry whistleblower" and the object of his anger is Wall Street, a place he knows well, having worked for many of the largest brokerages in the business for well over a decade. For [...]
What do I think will happen in 2012?
READ THE FULL NEWSLETTER Russell's warnings continue. He sums up the stock market, the economy and the election as follows: Subscribers who are buying or holding stocks on the on the basis of the better employment news should remember that deteriorating internals in the face of improving newspaper headlines give us the worst of all [...]
Chutzpah? Nah, just more inflation.
READ THE FULL NEWSLETTER THE ESSENCE OF CHUTZPAH Chutzpah is a Yiddish word meaning gall, brazen nerve, effrontery, sheer guts plus arrogance. As Leo Rosten writes, no other word, and no other language, can do it justice. This example is better than 1,000 words ... A little old lady sold pretzels on a street corner for 25 cents [...]
It is only a matter of time until the Fed gives us QE3
READ THE FULL NEWSLETTER I’ve been in this industry since 1983 and have seen all of the ups and downs along the way. But at no time, in the past three-decades, have I ever seen gold and silver so openly, blatantly and continually manipulated. The “expert” on the causes of this manipulation is our own Ranting Andy Hoffman, and if you [...]
Target for gold in 2012: $1,700 to $2,100
READ THE FULL NEWSLETTER Andy Schectman sent me the following YouTube link and told me I must see it. I did, and he is right. This is not to be missed. If you go no further in today’s daily, you must watch the following video: Video on the Tax-the-Rich Mentality We now have abbreviations posted on our blog. Go to the following [...]
Farewell America
READ THE FULL NEWSLETTER We are LIVING through an epic moment in history, one that future generations will write books about. In the future, there will be classes taught in college on this time period. Our grandchildren will wonder how we let things get so out of hand and destroyed the Greatest Country the world has even seen in a mere [...]
