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The Greek population is in constant revolt with another 48 hour national strike underway against ever expanding announcements of economic austerity though to date little of which has actually been implemented and therefore risks at the very a least a delay of the latest tranche of Euro 12 billion in what has now become … Continue reading

Heading into 2011, the consensus outlook on precious metals is slightly positive but the consensus believes that higher interest rates will ultimately support the US currency and in turn engender a move out of Gold. The Gold naysayers are using “rising rates” as a way to dismiss Gold. Let me explain why this belief is … Continue reading

I have warned that a debt crisis of a magnitude we have never experienced before is approaching. States and municipalities are going bankrupt along with the Federal government. Economists foolishly applaud sub-3% growth in GDP when it took a $1 trillion budget deficit to produce. There is some serious misunderstanding of the fundamentals of our economy right … Continue reading

Analysts and pundits provide various reasons for the bull market in Gold. This includes emerging market demand, low interest rates, money printing, central bank accumulation, central bank policies and falling gold production. These are all good reason but there is one reason which stands apart and will drive precious metals to amazing heights. It is … Continue reading

Addicted to Profits Newsletter Writer David Skarica has an addiction that might just benefit you. David is addicted to making himself and his subscribers money……

Replacing most of Europe’s colorful notes and various coins less than a decade ago, the euro is on the brink of extinction, according to Trader Tracks’ Roger Wiegand, sharing news and views of Euroland’s critical condition with Gold Report readers in this exclusive interview. Roger says the euro at $1.20 is the “line in the sand where big trouble will start. . .and that’s dangerously close.”…..

Yesterday I interviewed friend and colleague Dave Skarica, of addictedtoprofits.net. We discussed Treasuries, the Sovereign Debt bubble, the US Dollar, Gold and Gold Stocks.

Last week I interviewed Todd Harrison, founder and CEO of Minyanville. The main topic of our conversation was currencies and how action in the currency market (specifically the US$) could be a trigger for the next phase of this crisis, which has also morphed into a socioeconomic crisis. We talked about the chances of a … Continue reading

Don’t we all wish we live like that? Folks, it is simple why Gold and Silver are rising. It is because of sovereign debt default concerns. How can the US and the UK finance growing these record budget gaps when spending is increasing and tax receipts are stagnant? And as we mentioned in previous posts, … Continue reading

Futures exchanges like the Comex are giving buyers and contract holders paper and not metal. The full story is here.