Silver prices suffered mightily in August, as this Friday is likely to show the white metal down considerably on the month.
However, some new developments in the futures markets and the move into the fall months provides favorable trading terms for silver.
Illegal gold mining is a growing problem that’s costing countries millions.
“Countries are losing significant funds,” United Nations Interregional Crime and Justice Research Institute (UNICRI) director Jonathan Lucas said to The Wall Street Journal this week.
Folks, take economic cover. There is already a rabid financial mania loose in the land as reflected in the irrational exuberance of the stock market, but, in fact, the fairy tale economics fueling the current financial bubble is fixing to leap into a whole new realm of lunacy. Namely, an out-and-out drop of “helicopter money” to the main street masses. That’s right. The Keynesian…
Attending costly games is on the margins of the household budget. When the credit card gets maxed out, attending is no longer an option.Please understand I’m not suggesting professional sports isn’t the greatest thing since sliced bread: I’m simpl…
To be clear on the main point of “The Killing Fields”: The world’s central banks have been working for well over a year on handing out money to the people.
At the recent central banker conclave in Jackson Hole, Wyoming, the two most powerful central bankers in the world, Janet Yellen, chair of the U.S. Federal Reserve, and Mario Draghi, president of the European Central Bank (ECB), gave back-to-back addresses on the same subject.
Not everyone is irrationally exuberant in my beloved and crazy San Francisco, serial epicenter of magnificent bubbles and their subsequent busts.
Limited action in the early openers: Kiwis -0.3%, Aussies +0.1%, Nikkei -0.3% and Sth Korea -0.7%.
In Aussie sectors, Gold/IT +0.7% down to Consumer Staples -1.6%.
The house organ for the Council of Foreign Relations, Foreign Affairs, has published its final solution under the title: “Print Less and Transfer More: Why Central Banks Should Give Money directly to the People.”
The S&P 500 recently hit a new high as it drove through the 2000 mark for the first time in history on the day that Burger King announced that it would purchase iconic Canadian fast food chain Tim Hortons.
