In Hong Kong, Mohammed al-Jasser, the head of the Saudi Arabian Monetary Authority affirmed that the US dollar’s role as the world’s reserve currency is coming to an end when he stated, “The dollar is still preeminent in its role…
Perhaps if the Bank of England, the US Treasury and the US Federal Reserve had not been surreptitiously suppressing the price of gold futures through their puppet bullion banks on Wall Street for decades, I would agree with George Soros…
Today, our financial system is so broken that casinos have much more integrity in their business dealings than do our banks. Casinos Actually Have More Cash on Hand The largest casinos in Vegas and Macau have much more cash on…
In his first State of the Union speech in 2010, President Barack Obama carefully chose his words in calling for a new jobs bill to stimulate real organic economic growth. Historically, politicians have garnered widespread public support for bills that…
John Maynard Keynes once stated that the markets can stay irrational longer than investors can stay solvent. While this statement has proven to be true, it is really not aboveboard. What Keynes didn’t want to disclose to the public is…
2009 was an incredibly interesting year both politically and financially, as both arenas are inextricably intertwined, though on the surface, the leaders from these respective industries often bicker and admonish one another for public show, while smiling and shaking hands…
It is indisputable that: (1) History has much to teach us; and that (2) We ignore historical evidence that is useful in predicting the future far too often, even though history has demonstrated time and time again that it repeats…
Ilene’s the editor at Phil’s Stock World, where she keeps readers up to pace with the latest stock market news and events from around the internet. Visit her at Phil’s Favorites site. Her background is in law and biological science,…
I hate bankers and so should you. Why? Because bankers steal a little bit of Christmas cheer every year. For the past several years, bankers have stolen a lot of Christmas cheer. Like the Grinch from Dr. Seuss’s famous children’s…
Yes, there is no typo in the headline of this article. Today there is still an unbelievable opportunity to invest in gold that will disappear over the next several years as this monetary crisis deepens. Despite the general widespread sentiment…