Wealth Abuse

By The Burning Platform “Although low inflation is generally good, inflation that is too low can pose risks to the economy – especially when the economy is struggling.” – Ben Bernanke “The true measure of […]

By Tyler Durden Back in mid-March, there was a brief scare after the start of the Ukraine conflict, when Fed custody holdings plunged by a record $104.5 billion (if promptly bouncing back the following week), […]

The critical 40% income-to-food threshold by Chris Martenson As we observe the growing unrest in Ukraine, there is the usual rush to ascribe a cause. Was it meddling by the West? Russia? Was it corruption […]

By Paul Craig Roberts and Dave Kranzler Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of […]

Today’s AM fix was USD 1,292.75, EUR 938.95 and GBP 765.08 per ounce. Friday’s AM fix was USD 1,289.00, EUR 933.25 and GBP 762.54 per ounce. Gold fell $0.50 or 0.04% Friday to $1,288.70/oz. Silver […]

By Glen Ford In the second half of his second term, Obama and his crew seek to rewrite the history of his administration. Attorney General Eric Holder now declares that no bank is too big […]

Source Zero Hedge According to GMO’s Jeremy Grantham, the six most important asset bubbles in modern times are the following: Click on the charts to enlarge. And some additional color from the legendary investor: The […]

Today’s AM fix was U.S.D 1,308.50, EUR 939.61 and GBP 772.20 per ounce. Yesterday London was closed for a Bank Holiday. Friday’s AM fix was U.S.D 1,285.00, EUR 927.26 and GBP 761.03 per ounce. Gold […]