SilverDoctors.com JULY 18, 2013 I had the chance to reconnect with one of the world’s rising stars in the gold market, Ronald Stoeferle, managing partner of Incrementum AG, and publisher of “In Gold We Trust”—the world’s definitive annual report on gold. During the interview, Ronald indicated that in researching this year’s updated report (released... »
Archive for July 18th, 2013
RONALD STOEFERLE: “THE LARGEST & MOST DEEP-POCKETED TRADERS HAVE POSITIONED THEMSELVES FOR HIGHER GOLD PRICES”
The U.S. Government Will Borrow Close To 4 Trillion Dollars This Year
By Michael Snyder TheEconomicCollapseBlog.com July 18th, 2013 When you add maturing debt to the new debt that the federal government is accumulating, the total is quite eye catching. You see, the truth is that the U.S. government must not only borrow enough money to fund government spending for this year, it must also “roll... »
Top US Military Officer: America Is Considering Entering Syrian War
MICHAEL KELLEY BusinessInsider.com JUL. 18, 2013 America’s top military officer told a Senate committee that the Obama administration is considering the use of military force in Syria, Richard Lardner of the Associated Press reports. U.S. Army General Martin Dempsey testified that he has provided President Barack Obama with options for the use of force... »
Detroit Files Largest Municipal Bankruptcy In History
ROB WILE BusinessInsider.com July 18, 2013 Detroit has filed for bankruptcy, the AP’s Ken Thomas reports. The full filing can be found below. “Right now, the City cannot meet its basic obligations to its citizens,” Gov. Rick Snyder, who signed off on the filing, said in the petition. He added, “Right now, the City... »
Gold & The Most Remarkable Thing I’ve Seen In 50 Years
KingWorldNews.com July 18, 2013 With oil surging to $108, and the Dow Jones hitting all-time highs, today one of the savviest individuals in the business spoke with King World News about gold and the most remarkable thing he’s seen in 50 years. Jeffrey Saut, who is Chief Investment Strategist for $360 billion Raymond James,... »
America’s Banks Primed for Quantum Dawn 2
By: DK Matai Market Oracle Jul 18, 2013 American Banks — large and small — are primed and ready for an elaborate simulated cyber attack today christened “Quantum Dawn 2” that will test how they would manage if teams of hackers unleashed a powerful and co-ordinated attack against them. A successful, widespread attack on... »
JIM SINCLAIR: FDIC NOT SUFFICIENTLY CAPITALIZED FOR COMING BAIL-INS!
SilverDoctors.com JULY 18, 2013 Legendary gold trader Jim Sinclair has sent an email alert to subscribers warning that the FDIC is not sufficiently capitalized to sustain FDIC insured deposits for the coming bail-in, and boldly predicts that the FDIC will not pay in cash, but will rather pay in special issue US Treasury instruments... »
Detroit May File For Bankruptcy Overnight
by Tyler Durden ZeroHedge.com 07/18/2013 Presenting default you can believe in, as the largest municipal bankruptcy in US history, involing the one-time iconic “motor city” which now has a population of 700,000 and some $20 billion in liabilities, is about to become reality. But fear not: the Detroit bankruptcy, like rising rates, are entirely... »
Big Money Anticipating Another 1970s Style Gold Mania
KingWorldNews.com July 18, 2013 Today one of the top CEO’s in the world told King World News that big money investors are positioning themselves ahead of what they believe will be another 1970s style mania in gold. This interview is tremendous, and it will let KWN readers around the world see the gold market... »
Peter Schiff: “I Think The Dollar Is Going To Collapse Before The Market Does”
By Tekoa Da Silva Bullmarketthinking.com July 18, 2013 I had the opportunity this week to reconnect with Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Capital. It was a powerful interview, as Peter indicated the Fed is trapped in a long-term position of destroying the dollar, while mainstream voices cheer resultant new... »