Commentaries

Britain’s coalition government pressed the reset button on the UK Economy during summer 2010, as it has continued to make a plethora of tax raising and spending cut economic austerity announcements over the past 9 months in an attempt to get a grip on the Labour government’s legacy of an out of control annual budget … Continue reading

The inability of governments to pay their obligations in constant dollars, also recognized as inflation by the public and ongoing default by capital, has been occurring since 1934. It certainly intensified in 1971. The secular gold trend suggests that 1971 was simply the dress rehearsal for a bigger show taking place right now. As a … Continue reading

As a general rule, the most successful man in life is the man who has the best information .

Warren Buffet released his annual shareholder letter last week and also conducted what has become an annual interview on CNBC with Becky Quick.  During the interview they covered an array of topics including the economy, the U.S. government’s fiscal situation, inflation, Berkshire’s investments, and oil.  At one point during the interview Joe Kiernan asked Buffet … Continue reading

While rumors that certain banks and exchanges may or may not be experiencing a dramatic run on physical silver are propagating across the blogosphere, we won’t know for sure until we see Blythe Masters resignation letter. In the meantime Alexander Gloy of Lighthouse Investment reminds us of something very much indisputable: the physical premium over … Continue reading

It was a strong week for the precious metals especially Silver. We had a few large players in the world talk about Gold and the coming further weakness of the US Dollar and it’s lessening role throughout the world.

Weekend Gold Review

Back in 2005 I commented in an article that “my investment portfolio is almost exclusively invested in a basket of commodities (gold, silver, potash, uranium and crude oil) of which the bulk is precious metals.

Terraco Gold Corp TSX.V – TEN is an aggressive junior exploration company with properties in Nevada  and Idaho. The Almaden property, located in Idaho, has been drilled with 887 holes, and 60,000 meters of historical drilling and has a Measured and Indicated gold resource of 864,000 oz of gold and an inferred resource of 84,000 … Continue reading

We like to ask cab drivers about the economy. Not that they understand anything any better than the average central bank economist. But they talk to people. Without cameras or tape recorders in the background. And they have their own businesses too. When times are good, people take cabs. When they are bad, they take the bus.