As you probably know by now, President Trump backed out of the nuclear deal with Iran and is re-imposing harsh sanctions. And just this morning, Trump announced that he’s canceling the much-anticipated nuclear summit with North Korean leader Kim Jong Un because of Kim’s recent belligerent comments. What does that mean, aside from the…
* During my time training to be an equity options trader, the shop I worked for required that I log 100 hours of poker training. Under the belief that there are great similarities between the decision-making required for poker, and that required for successfully trading the financial markets. Along those lines, there was a…
This was going to be about “helicopter money” because a ton of precious metal literally fell out of a Russian plane. But now its way more than that… Please connect the dots below, but first, please do this math:1+1+1+1=? (Answer: 4, every day of the week). While it has been known that China and Russia…
CHEYENNE, Wyo. (Feb. 8, 2018) – A bill filed in the Wyoming House would define gold and silver specie as legal tender and eliminate all taxes levied on it. The new law would pave the way for the use of gold and silver in everyday transactions and could help undermine the Federal Reserve’s monopoly on money.…
The Roman Republic and the later Roman Empire had gold coins called the aureus and solidus, but they also minted a popular silver coin called the denarius. One denarius was the daily wage for unskilled labour and Roman soldiers. Of course, in the late Empire, the aureus, solidus and denarius were all debased by mixing…
So how does JP Morgan keep the physical silver price suppressed when the physical silver supply is itself in deficit?
South Korea’s economy outpaced earlier growth expectations due to a rise in silver semiconductor exports. Defying the elevated political tensions on the Korean Peninsula, South Korea’s economy has accelerated to its fastest rate in seven-years driven by robust domestic retail sales, as well as a pick-up in foreign trade. This brings the nation’s monetary policy into the spotlight, with investors and policymakers alike getting…
China wants to dethrone the dollar. But of course, it’s not alone. Russia would also love to knock the US off the top of the economic mountain. Putin is also positioning his country to free itself from the dollar-dominated global financial system. Like its neighbor to the east, Russia is using gold to pave the…
See Video Timeline At 30:35 => Silver Physical Price Being Suppressed By Counterfeit Paper For Sony, Apple, Tesla, Toyota The U.S. Supreme Court allowed private antitrust lawsuits brought by investors including big U.S. cities accusing major banks of conspiring to manipulate the pivotal Libor benchmark interest rate to move forward. The justices rejected an appeal…
The Trump Administration has presented the first part of its plan to overhaul a number of Wall Street financial regulations, many of which were enacted in the wake of the 2008 financial crisis. The report is in response to Executive Order 13772 in which the US Treasury Department is to provide findings “examining the United…
