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We can hardly afford to maintain it, let alone rebuild it

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The Power Of One

One of the best examples of how a single person can make a difference in the world


The Mother Of All Financial Bubbles
Will be unimaginably destructive when it bursts


for premium members
How Bad Will It Get?
How big will the losses be? Who will bear them?

Gold & Silver Update

Gold rose +1.50 to 1238.20 on moderately light volume, and silver climbed +0.04 to 18.07 on heavy volume.  The major event today was the release of the minutes from the most recent FOMC meeting, which occurred at 14:00 Eastern. The minutes revealed that “many” participants felt another rate hike would be appropriate “fairly soon” - with hawks...

Today's Market

Gold Futures
H 1,250.60
L 1,236.40
Silver Futures
H 18.21
L 17.93
Crude Oil (Brent)
H 57.18
L 56.15
S&P 500
H 2,368.26
L 2,357.46

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