Rates

What will American banks do if their own existence is in jeopardy, due to major losses? Well, as a matter of fact, there is only one possibility left: draw from their clients’ accounts.

While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the US. Poverty also kills.  At the end...

  To answer the question of which of the SDRs or gold will replace the US dollar we need first to know what each is. For gold it’s very simple. One gram of gold is just a yellow metal that weights one gram. Its physical characteristics make it quite easy to identify and measure and they n...

The collapse of four regional Italian banks (Banca Etruria, CariChieti, Banca Marche and Carife) is starting to take on alarming proportions.

“Gold is like a canary in the coal mine. It signals problems with respect to currency markets”. It doesn’t signal problems just with the US dollar but with the whole international monetary system based on fiat.

The International Monetary Fund (IMF) agreed Monday to add the Chinese yuan, or renminbi, to its reserve currency basket.

Exclusive interview with Gordon T Long on financial repression, currency wars, gold and the Dollar

Today when gold in US dollars is making a new correction low, the paper shorts are elated. They believe they can win this game of frightening every gold investor to sell their holding. But this elation is likely to soon turn to desperation. Supply tight in gold and silver As I have discussed ma...

Is there an alternative to the dollar? The world existed before the British pound and before the US dollar, and it has survived the British pound and will survive also the US dollar when it collapses.

It seems that a bull fed on paper money has eternal life. Whatever the news is, stock markets worldwide react positively. It takes a long time to kill off a secular bull even if it has the wrong diet. Central banks have no policy This last week stock markets surged on the news more QE is like...