By Juan Castañeda for GoldMoney.com Governments grant central banks a monopoly on the creation of hard currency. At the same time, we ordinarily make transactions with other means of payment supplied by commercial banks. This is possible because in our monetary system commercial banks are able to create so-called bank…
The structure of the U.S. Federal reserve makes it beholden to its shareholders – the major banks and institutions and it seems to have strayed far from its original purpose. Author: Richard (Rick) Mills On the night of November 22, 1910 a delegation of the nation’s leading financiers, led by Senator…
[Audio clip: view full post to listen] EKM, Carter and Cory weight in on the US Banks stress test and how the Fed enabled the banks to release the results early causing a major downturn to commodities stocks. …
Following Wednesday's announcement by the Federal Reserve that interest rates would likely stay near zero in the coming two years, the price of gold surge to its highest price in four months.…
Silver prices rose for a second consecutive session on the back of the Federal Reserve commitment to near zero interest rates through 2014. However, the target inflation rate of 2 percent has caused some to question the strength of silver and gold as an investment hedge.…
Sign up for our FREE newsletter here: http://bit.ly/ekmnewsletter July 14, 2011: Big Al and Roger Wiegand discuss Gold and Silver’s continued upwards moves in the August futures as European and U.S. debt concerns continue to grow. Mr. Wiegand is the Editor and Publisher of Trader Tracks a Stocks, Futures and…
Click here to sub to our FREE newsletter: http://bit.ly/ekmnewsletter July 13, 2011: Big Al and guest Frank Holmes talk about Gold hitting record highs today, the E.U. situatuion, and the fear trade. Frank E. Holmes is chief executive and chief investment officer at U.S. Global Investors, which specializes in natural…
Click here to sub to our FREE newsletter: http://bit.ly/ekmnewsletter July 12, 2011: Big Al chats with author and Huffington Post writer Ellen Brown about the proposed increase in the debt ceiling, and how they feel it will affect the price of gold. Ellen Brown is an attorney and president of…
June 6, 2011: Al talks with Bill Murphy, Ed Steer, and Chris Powell of the Gold Anti-Trust Action Committee (GATA) about how they uncovered manipulation in the gold markets, secret gold-swap agreements in the Fed, and how the price of gold is being held down still today. Stay up to…
Checkpoint: Ron Paul vs. Paul Krugman
Share This Post
TweetOn April 30th, Paul Krugman and Ron Paul faced off on Bloomberg TV. It was an interesting debate to say the least as the two diametrically opposed economic thinkers went head-to-head on the topic of how America should tackle her current economic crisis. To say that these two disagree would…
No Comment / Continue reading →