December 19, 2011 –
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RELATED TICKERS: CEF
, NEM
, AUY
The recent technical chart for gold does not look good. Multiple supports were broken and the momentum traders may be thinking to initiate short positions. This is likely to be a losing bet. [more]
December 04, 2011 –
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RELATED TICKERS: CEF
, SLW
, CDE
The dark magic of the modern monetary system has led to wars and the potential for famine in areas that have been the recipient of Fed induced inflation. Now that the world banking system appears at risk we find that many sovereign nations are not so sovereign. The biggest Currency War of the last century has already begun. The choice for central planners is to prolong the charade or to admit that their hubris was unwarranted. Unfortunately, those that will be made to suffer will not be those who were at fault. The system will be kept alive until disorder prevents even the bankers from controlling the outcome. For now the mainstream media will try to shield us from any harmful truths that may threaten the facade. [more]
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