February, 2013

Why does the “Paper Gold” Price Track the Physical Gold Price? Part I

It’s curious, isn’t it?  So-called “paper gold” (a futures contract) has a price that is not only very close to physical gold, but it remains locked to it.  This is despite the fact that “paper gold” is reviled in the gold community. I am writing this on Sunday evening with little liquidity in the market, […]

Government Knows What’s Best For You

In an effort to “protect” Americans from falling prey to financial scams, the U.S. Consumer Financial Protection Bureau wants to help you in making investment decisions. See here. In an attempt to provide clarity on the Bureau’s statements, we have provided the following translation. “We, The Bureau, believe that the average American is not capable […]

The Coming Silver Correction

Dutch Deflation

A bank, not in the PIIGSC (Portugal, Ireland, Italy, Greece, Spain, Cyrpus) is insolvent. It’s in Netherlands. So the government is taking it over. Inflation is an expansion of counterfeit credit. Deflation, a forcible contraction of credit, is the inevitable consequence of inflation. – goal is to “shore up confidence” – Netherlands’ deficit was already […]