Cash Confiscation and the Case for Gold

Cash Confiscation and the Case for Gold by J.L. Yastine Last month, India banned 500- and 1,000-rupee notes. In that country, somewhere between 70% and 95% of all transactions are…

A Flock of Black Swans

A Flock of Black Swans by Jeff Thomas Major depressions go in downward waves interrupted, at intervals, by false recovery waves. The first major event of what would become the…

Silver Prices and Interest Rates

Silver Prices and Interest Rates by Gary Christenson A chart of annual silver prices since 1913 shows clearly that the trend is upward, and will continue as long as debt…

Italian Referendum: Gold Confounds—Again

Italian Referendum: Gold Confounds—Again by Lawrie Williams Recent events (the Austrian vote, the Italian referendum) that could have boosted the gold price have had the opposite effect. As with the Brexit…

President Trump’s Immediate Emergency

President Trump’s Immediate Emergency by David Jensen When Donald Trump is inaugurated, he will immediately face an emergency that will potentially be the greatest crisis of his presidency. It involves…

Now it Begins to Unravel

Now it Begins to Unravel by Wolf Richter Debt is good; more debt is better. Debt must always grow, and for that purpose, the Fed has manipulated interest rates to…

“Brace for Economic Disruption”

“Brace for Economic Disruption” SocGen Sees “Sharp Rise in Gold” as India Plans Cap on Cash Holdings by Tyler Durden India's demonetization scheme (the banning of high-denomination banknotes) has caused…