A recent Financial Times noted that the proposed overhaul of US financial rules threatens the credit ratings of Bank of America and Citibank. Standard & Poor’s, one of the world’s top two credit...
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Posted by admin on February 15th, 2010
Category: Economic Crisis, Federal Finances, Interesting Issues, Money
In moves that should have surprised no one, last week Zimbabwe defaulted on debt repayments and the United States raised its debt ceiling limit to avoid defaulting.
Zimbabwe owed Caledonia Mining a mere...
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Posted by admin on February 1st, 2010
Category: Federal Finances, Money
A long-time client, and successful commodities trader I add, sent the below:
The following comments come from a Merrill Lynch publication today.
“To repeat our Mantra:
1) Whatever MUST happen, WILL...
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Posted by admin on December 8th, 2009
Category: Money
Many economic/political observers ridicule the suggestion that the massive printing of Federal Reserve Notes (a.k.a. US dollars) could result in hyperinflation. They have long viewed the hyperinflation...
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Posted by Administrator on January 20th, 2009
Category: Money
Among gold and silver investors there is a common cry to get rid of the Fed and return to the gold standard. However, with the Establishment having controlled our schools and universities for decades,...
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Posted by Administrator on June 18th, 2008
Category: Money
Perhaps the fundamental fear behind every gold investment is that the paper money being gotten rid of could become worthless. In theory (probably in actuality), that fear rests with any currency not redeemable...
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Posted by Administrator on June 2nd, 2008
Category: Gold, Money