From Numismaster: London Squeeze Raises Silver Price (by Patrick A. Heller, 9-4-12) When the price of silver topped $30 about 10 days ago, demand on this exchange surged. The best information I have is that at least two purchases were made then, each in the range of 5-10 million ounces of silver. The sellers simply [...]
News is flying by real fast. Grab your hat, it's gonna get windy. The European Central Bank (ECB) is fighting a losing battle. It is easy to tell this is so: they are telling ever-bigger lies about their soon-to-be-really-announced, no-kidding-we-really-have-a-great-plan, bailout program-of-the-hour, ever more frequently. There is no money; the ECB has invented a massively [...]
Even Bernanke's money-dropping aircraft are powerless to stop the carnage. http://www.youtube.com/watch?v=o7gFlSGXt_k&feature=related Ray Dalio was just interviewed by John Cassidy of The New Yorker. The article goes to some length to describe Dalio's business style and his rigorous nature, probably an effort by the magazine to establish his credibility with its readership. Ray Dalio is the founder [...]
