US & Japan Warned by IMF, rating agencies on Debt

Jan 30, 2011

Standard & Poors cut Japan’s debt rating while Moody’s warned that the USA’s triple-A rating was at risk. The IMF had harsh words for both nations. The report is from Canada.com: “In advanced economies where fiscal sustainability has not...

Gartman Remains Perfect As A Contrarian Indicator In Gold; Problems On The Comex?

Jul 21, 2010

Dennis Gartman was on CNBC yesterday explaining with his unique brand of arrogant stupidity that the trend in gold has changed (to down). Contrary to DG’s ignorance, I’ve been telling colleagues that the current period of time is strikingly...

SDR Strawman and Gold-Backed Euro

Jun 23, 2010

The world faces challenges and uncertainty these days like perhaps never before in modern history. Broken insolvent banking systems match the insolvent homeowners living in despair but with newfound hope from simply not paying home mortgages in large numbers.....

SHOCK EVENTS & GOLD BREAKOUT

May 13, 2010

The events of the last 12 to 18 months have been as shocking as they have been instrumental in reshaping the global financial structures. In fact, the events have pointed out the fracture of the global monetary system and...

If Germany Is Forcing Fiscal Restraint on Greece

Apr 23, 2010

Germany's Prime Minister, Angela Merkel, was in the news today defining the conditions upon which Germany would provide financial assistance to Greece. Included in the list of requirements is a plan.....

IMF Is Now Rejecting Prospective Buyers For Its Gold Stash

Mar 27, 2010

In an exclusive report, Kitco has just released yet another stunner in the world of precious metals. It turns out that Eric Sprott has attempted to purchase gold from the IMF, according to information provided to Kitco by Frank...

IMF Doubles Inflation Target!

Mar 03, 2010

I grew up in Germany, a country that went through hyperinflation twice during the 20th Century. Maybe that’s the reason I learned inflation is bad and inflationary policies are diabolic....

Desperate Times and Desperate Measures

Feb 18, 2010

Things are going to continue to get darker economically. Nothing has been solved but massive currency debasement has already occurred to try to stem the tide......