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Markets

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Sovereign Debt Blows Big Holes in Big Banks

Jul 13, 2011 at 13:11

The past few days have been very bad for the world's largest banks. American behemoths Citigroup and Bank of America are down about 7% each. Across the Atlantic, things are…

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The Road to Perdition

Jul 13, 2011 at 12:23

Terry Coxon worked side by side with best-selling author Harry Browne for years and is a rare expert in the arcane study of monetary systems. His remarks at this juncture…

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Bernanke - Money for Nothing and Dollars For Free

Jul 13, 2011 at 11:46

Federal Reserve (Fed) Chairman Bernanke, in a verbal duel with Representative Ron Paul, provided insult to injury to hard money appreciating investors. When asked whether gold should be considered money,…

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Profit Surge Dirge - Unexpurgated

Jul 13, 2011 at 10:49

In recent years, corporate earnings have been walking on water... literally. It is a phenomenon that has stumped more than a few analysts. Earnings are high, whether viewed in terms…

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Market Update

Jul 13, 2011 at 10:42

As I was watching CNBC earlier this week, they had a poll question asking people what they were most worried about. That being, corporate results, no debt deal, Europe, or…

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We Give Up!

Jul 13, 2011 at 10:12

The idea that there were pain-free solutions to the mountain of debt the world has taken on was always a delusion. But it was one that the leaders of the…

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Markets Trapped in a Contracting Fibonacci Spiral, Point of Singularity in 2019

Jul 13, 2011 at 09:00

Fibonacci sequences are generally seen as an expansionary trend, but what about if they were to occur in reverse to a point of singularity. I borrow the term "Singularity" from…

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Remain Long Gold, Unless.........

Jul 13, 2011 at 08:51

The fact that there is such a uniformed bullish consensus in Gold amongst most investors, makes me skittishly bearish at this time. However, the proof is in the facts, and…

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Gold Thoughts

Jul 13, 2011 at 08:41

Coins always have to sides. We all are familiar with well-worn story of heads I win and tails you lose. Maybe this time the coin may be far more desirable.…

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B.I.S. Gold/Currency Swaps and a Greek Drachma?

Jul 13, 2011 at 06:58

In the last year, according to the B.I.S.'s annual report Central banks have pulled 635 tonnes of gold from the Bank for International Settlements in the past year, the largest…