Marc Faber, publisher of the Gloom, Boom and Doom report, yesterday reiterated his criticism of money printing practices, which he believes will continue in the US, Europe and elsewhere, causing bubbles such as those seen in the...
Read MoreStandard & Poor’s said it would keep the U.S. government’s credit rating at AA+ after a congressional committee that was supposed to break partisan gridlock and cut the budget deficit didn’t reach an...
Read MoreThe European Central Bank (ECB) must pump liquidity into the 17-member financial system to stop a run on bonds and even slap a ceiling on yields to avoid a breakup of the currency zone, says billionaire financier George Soros....
Read MoreThe crisis in the euro zone has exposed the flaws of the 17-member currency union, and its leaders will need to take urgent action if they want the euro to survive, veteran investor Warren Buffett told CNBC on Monday. “The...
Read MoreWhen I was looking at some long term charts, I found out that the current situation for the SP500 is very similar to the situation in 2008. Check out the following chart below, and you will see why… – The RSI...
Read More“There is definitely going to be another financial crisis around the corner,” says hedge fund legend Mark Mobius, “because we haven’t solved any of the things that caused the previous crisis.”...
Read MoreSilver bugs anxiously waiting for a the next big move in silver could get one soon enough. Goldmoney’s Founder James Turk is out with his next call for the silver price. He believes silver could reach between $60 to $75,...
Read MorePlatinum: The “Cheapest” Precious Metal… Historically, precious metals (such as Gold & Silver for example) had an important role as currency, but are now regarded mainly as investment and industrial...
Read MoreHistorically, precious metals (such as Gold & Silver for example) had an important role as currency, but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum, and palladium each have an...
Read MoreWhen we look at the long term chart of WMT (Wal-Mart), we can clearly see that the stock was in a strong uptrend until 2000. However, ever since, the stock hasn’t moved AT ALL… It is still trading at the same level...
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