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This bear market is about to give most of us another large haircut....from ear to ear.
The next "Cyprus debacle" looms nearer and will cause bank runs in the EU as well as the U.S.
We are being fenced in and cut loose to wither away by the rest of the world. All of the signs are there for those not afraid of t...more
The sole way to SECURE your money is to exchange all paper for gold and silver....PHYSICALLY, of course.
Sure, they can play with the levels, but at the end of every day you always have the same number of troy ounces. You have effectively taken yourself out of the government controlled paper market and freed yours...more
This comment is a well thought out and planned assault on the economic debacle about to occur.
Druckenmiller is just one of countless hornet's nest pokers who need to keep attention off of the government, yet somehow attack areas that "drain" funds out of the system despite those areas that qualify as ...more
Pull out physical cash and convert wholly into precious metals.
Sure, they can play with the price, but they cannot reduce the physical attributes, the inherent and accepted value or internal confiscation as they can with "their paper money".
Both China and Russia will one day have a gold backed curency. ...more