By Nick Giambruno
For the unprepared, it happens like a mugging…
When you hear a central banker or politician deny that something is going to happen to bank depositors, you can almost be certain that it will happen. And probably soon.
Coming from a government official, the real meaning of “No, of course not” is “Could be tomorrow.”
There’s a reason for the dishonesty. The government needs to take the public by surprise. Otherwise they won’t get the results they want from capital controls or a bank holiday.
The term bank holiday is a politician’s euphemism. When one happens, you won’t be celebrating. You won’t be able to access your bank account, and you’ll be worried.
By Nick Giambruno
Imagine investing in China just before its economy took off.
Between 1990 and 2000, China’s stock market increased more than 20 times.
Today that kind of opportunity is right in front of you…
By Jeff Thomas
“And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.” – Luke 2:1, New Testament
“Since the beginning of recorded history, the business of government has been wealth confiscation.” – Ron Holland
Apologies for beeing rather quiet of late but I managed to get out of the office and hit the road. The first stop was Dubai were I was able to catch up with a couple of gold traders for an update and now I am in London where Im catching up with some old colleages. I find a face to face chat usually reveils more than the usual methods of communictaion, so we will see how it goes.
China is looking for companies with large uranium deposits and low costs to meet domestic demand and a few Canadian miners including
He Zuoxiu, a leading Chinese scientist, says the country is not investing enough in safety controls after lifting of post-Fukushima disaster reactor ban
By Jeff Clark
Yearning for sunnier skies for your gold investments? How’s this sound…
- Gold in a decisive bull market, with the price steadily rising
- Silver soaring and outpacing gold’s gains
- Gold stocks rocking, erasing underwater positions and racking up the profits
That’s not pie in the sky wishful thinking—it accurately describes the next stage of the gold market, something that will soon visit your portfolio.
Tokyo Electric Power Co. is planning to sell part of its uranium stockpiles for nuclear power generation in the current business year to cut costs amid uncertainty over the restart of idled nuclear plants, a company document obtained by Kyodo News showed Monday.