– What Keynes would think of today’s “Neo-Keynesians”- Unlike his acolytes, he understood the value of gold and the dangers of currency debasement- Keynes did not desire “a world where currencies are backed by nothing more than a governmental promise to pay while the printing presses whirled unchecked”– Keynes would have been “puzzled that his… Read More »
On June 3, 1975, Fed Chairman Arthur Burns, sent a “Memorandum For The President” to Gerald Ford, which among others cc:ed Secretary of State Henry Kissinger and future Fed Chairman Alan Greenspan, discussing gold, and specifically its fair value, a topic whose prominence, despite former president Nixon’s actions, had only managed to grow in the… Read More »
Got your precious metals yet?
Here are two of the world’s leading experts on where we are going right now.
As Central Banks continue to significantly devalue all major global currencies through excessive creation of new supply out of thin air in a digital world where â€œnew moneyâ€ is never even printed into paper/cotton form but only is created as digital bytes that are sent across international borders, the private families that are the majority… Read More »
Check out these predictions from Eric Sprott, founder of Sprott Asset Management and famed investor. In this wide-ranging interview, he shares his insights on the precious metals markets – specifically what investors need to be aware of in terms of the way the markets are currently managed (manipulated), the macro outlook for the economy (grim)… Read More »
A couple of good comments in Zerohedge’s article courtesy of Eric Sprott. Lot’s of the usual trolls as well. “despite all of the endless verbiage, analysis, and speculation, when it comes down to it, the golden rule applies. in other words, he who owns the gold rules. when the parabolic moves in Au/Ag occur at… Read More »
Great video here, a Jim Rogers interview on CNBC from June 8, 2011. Jim remains on track with his commodities recommendations and he is short one particular American Bank – hmmm… obviously JP Morgan, since they are so anti-silver.