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You have probably read it many times the last couple of days: People are rushing into safe havens such as Gold, the Swiss Franc and the Japanese Yen. When the mass is doing something, we pay attention. We get cautious.

The supply of silver not being used for coinage increased – European Nations had just gone from a silver to a gold standard, the US was no longer coining silver dollars and these two factors, when coupled with massive new silver discoveries in the American west, caused the price of silver to collapse.

Please have a look at the next charts, that show us what happened after a silver Parabola burst.

Here is some important news from this week…. The Swiss National Bank is intervening in the currency market. Gold News reports: The Swiss National Bank recently announced that they will lower their target rate’s range to 0%-0.25% and flood money markets with Swiss francs, more than doubling bank’s sight deposits, in order to drive down … Continue reading

Weekly Gold Review

As a general rule, the most successful man in life is the man who has the best information
Throughout our history, some elements, much more than others, have advanced technologies and driven our economic growth – from wood to coal and then to burning oil to produce steam stands out as a recent example.

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

Gold prices embarked on a massive rally recently, rising from around $1210 to $1380 in just two months. Simultaneously the US index, which has a traditional inverse relationship with gold, has fallen from 83.5 to 76.5 as America puts a nose ahead in the current currency devaluation wars. The fundamental factor that is driving both … Continue reading

This essay is based on the Premium Update posted on September 3rd, 2010..

Delusional deflationist right from the Bank of England MPC, to the mainstream press for well over a year have pushed the mantra of ongoing debt deleveraging deflation….

The trade deficit widened unexpectedly this month after the dollar reached extremely oversold levels, which was quite surprising to Wall Street.  Usually, a weaker dollar should lead to an increase of exports of U.S. goods; however, the exact opposite occurred.  This further signifies the global economic slow down despite record government stimulus, a devalued dollar … Continue reading

CNBC’s analysis after Thursday’s big drop…