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Olduvai III: Catacylsm
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Federal Borrowing Crosses the Rubicon

Federal Borrowing Crosses the Rubicon A year ago, Republicans in control of Congress suspended the cap on federal borrowing. The limit was automatically re-imposed on March 1st. Politicians now have a few months to hammer out legislation to raise the cap as the Treasury employs “extraordinary measures” to fend off default. The federal deficit is […]

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Will 2019 Bring a Free and Fair Gold & Silver Market?

Will 2019 Bring a Free and Fair Gold & Silver Market? JPMorgan Chase and a number of other bullion banks are in a whole lot of trouble. Evidence detailing years of rigging markets and swindling clients is piling up. Deutsche Bank pleaded guilty two years ago and forked over hundreds of thousands of documents. John […]

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JPMorgan Chase Trader Pleads Guilty to Gold Manipulation, Turns State’s Evidence

JPMorgan Chase Trader Pleads Guilty to Gold Manipulation, Turns State’s Evidence Gold and silver investors got a rare bit of good news on the enforcement front last week. A trader from JPMorgan Chase pled guilty to rigging the precious metals futures markets. John Edmonds admitted to cheating the bank’s clients and plenty of other people […]

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Reckless Deficit Spending by Congress Set to Wreck the Dollar

Reckless Deficit Spending by Congress Set to Wreck the Dollar U.S. equities got a free ride on the Trump train after his election, even as Federal Reserve officials hiked interest rates. That ride may have ended last week. If commentators are correct and the blame for recent selling in the stock market falls on the […]

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Mobs of Angry Investors Fight Market Rigging, Maul Deutsche Bank in Class-Action Lawsuit, other Banks Next

Mobs of Angry Investors Fight Market Rigging, Maul Deutsche Bank in Class-Action Lawsuit, other Banks Next Since none of the criminal bankers responsible end up in prison… Prior to last week, Deutsche Bank made headlines for a string of huge losses and massive exposure to risky derivatives. The last time the firm’s shares traded at […]

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Betting on Deflation May Be a Huge Mistake. Here’s Why…….

Betting on Deflation May Be a Huge Mistake. Here’s Why……. Precious metals investors heading into 2016 worry the dollar will continue marching ahead, right over the top of gold and silver prices. The Fed is telegraphing additional rate hikes throughout the year, and commodity prices – led by crude oil – are falling. There have […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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