Friday, March 31, 2017

Here’s Why Italy’s Banking Crisis Has Gone Off the Radar

Italy's banking sector is circling the drain, so the EU authorities are keeping things mum until upcoming elections are over.  They know bad news from bankrupt banks will collapse the EU.

Friday, March 24, 2017

Dead Men Walking?

There is a game of Russian roulette going on in the silver pits of the COMEX futures exchange.  Silver guru Ted Butler posits seven bullion banks will blow up due to a short squeeze.  JPMorgan, the big whale on the short side, will either implode with the rest of the big shorts or they will survive.  Either way, expect silver prices to soar when the emperors are revealed to have no clothes.

The FBI’s Conspiracy Theory of a Trump/Putin Collusion Has No Clothes — Paul Craig Roberts

Friday, March 17, 2017

Demand for physical gold is collapsing

It is instructive to know the difference between the price of physical gold vs. the price of paper gold, the latter being a highly leveraged financial asset.