Category Archives: Financial

Obama’s Borrowed More Per Household ($53,616) Than Median Household Earns ($50,502)

Under President Barack Obama, the federal government’s debt has increased by an amount per household that exceeds the annual median household income. Since Obama’s first inauguration on Jan. 20, 2009, the federal debt has climbed $6,167,472,778,984.22. That equals about $53,616 … Continue reading

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SD Weekly Metals & Markets: JPMorgan Fumbles the Gold!

httpv://www.youtube.com/watch?v=zMH2NAWxXj0#t=21s

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JPMorgan Accounts For 99.3% Of The COMEX Gold Sales In The Last Three Months

Somebody should explain to the blathering numbskulls at CNBS that when just one firm accounts for 99.3% of the physical gold sales at the COMEX in the last three months it’s not what most of us on this side of the rainbow … Continue reading

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ISDA Caught Up in EU Probe of Credit-Default Swap Data

The International Swaps & Derivatives Association, a financial industry derivatives group, is being probed as part of a European Union antitrust investigation into how data on credit derivatives is shared. Regulators found “indications that ISDA may have been involved in a coordinated … Continue reading

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MINTS, REFINERIES, BROKERAGES OUT OF STOCK – COMEX GOLD INVENTORIES PLUMMET

The manipulated sell off on the COMEX has led to bargain hunting and a surge in physical coin and bar buying internationally. Gold bullion inventories on the COMEX are being depleted rapidly, and certain bullion products are either out of stock … Continue reading

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Total US Debt To GDP: 105%

More… USDebtClock.org puts this ratio at 107.17%.

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The Last Days of J.P. Morgan and Jamie Dimon’s Reign

More…

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JPMorgan’s Eligible Gold Plummets 65% In 24 Hours To All Time Low

Everyone has seen what a run on the bank looks like. Below is perhaps the best chart of what a “run on the vault” is. More…

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“The battlefield is the United States of America”

When you’ve got a guy like Senator John McCain who says “The battlefield is the United States of America,” it tells you that almost nothing is safe in the Land of the Free. Whatever remains of civil liberties is going … Continue reading

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US Mint Gold Sales Surge To Highest Since 2009

First it was a tripling of gold sales at the UK Royal mint, and now with just 23 days in the month of April gone, it is the US Mint’s turn to reports that more gold has been sold month to … Continue reading

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ROBBER BARONS ARE STEALING PENSIONS, BANK DEPOSITS AND DEMOCRACY

By Dr. Paul Craig Roberts April 24 (King World News) “The real concern about US bank deposits is that they are denominated in US dollars, and the supply of new dollars has been increasing by about $1,000 billion per year … Continue reading

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Sinclair – Full-Blown Panic As People Ask “Where Is The Gold?”

Today legendary trader Jim Sinclair warned King World News about the full-blown panic that has erupted in both the financial world, and the gold market as well, as people ask, “Where is the gold?”  Below is what Sinclair, who was once … Continue reading

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Inflation, Deflation and Wealth Protection – Part One

What is inflation? Inflation is one of the most commonly misunderstood phenomenon in the world today – even by so called professionals. I worked in the investment banking industry for fifteen years. I would bet the percentage of these people … Continue reading

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US MINT SELLS OUT, HALTS SALES OF FRACTIONAL 1/10 OZ GOLD EAGLES!

The US Mint has just halted sales of fractional 1/10th oz gold eagles!  For now, sales continue for 1oz, 1/2 oz, and 1/4oz coins…although based on the fact that many wholesalers have already sold their next 2 months allocations forward … Continue reading

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The next shoe to drop: Internet sales tax to become reality

Surprise, surprise… the completely insolvent US government has yet another idea to raise revenue in the Land of the Free: a new tax! The Marketplace Fairness Act was introduced some time ago, and we’ve discussed it before. But it’s now … Continue reading

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