The DOW/Gold ratio has historically proven to be a pretty accurate indicator of when gold has topped.
This does of course require a "functioning" market. Stable and functioning are not the same thing. It could be argued that the last few tops in gold didnt necessarily occur during a "stable"...
Bingo. 3D nails it.
Like a compressed spring, the longer and harder you supress something the more force it comes back with when it ends.
US Gov can feed gold stocks into the COMEX to prevent a default...but it has no silver stocks to do the same with.
Silver could make the whole thing come...
Selling gold and silver.
May sound strange, but our business has been booming.
We even have a way for people to make money referring business. PM me for details if you are interested.
The Swiss have laws that forbid them from disclosing a clients information. I dont envision them changing these laws any time soon just to placate the IRS.
UBS does not = Switzerland.
The account closings are simply a way of UBS "saying" they are complying with the IRS as to not ruffle...
Have not read it, dont care to read it.
Why?
Because a statue was never erected to a critic.
Armchair quarterbacks do not impress me.
Never ceases to amaze me how people will make commentary on something they have never done, or been personally responsible for.
People who have never run a...
We recently fulfilled an order for a client for close to 10 metric tonnes of silver.
I am an advocate of physical delivery if a person does not have any precious metals close at hand.
However, whether you are an advocate of taking physical delivery or not, it tends to be a bit difficult to...
Max Keiser by nature of his personality always sounds like a crazy person, whether he is actually saying something crazy or not haha.
Even though he "sounds" like a lunatic, he is actually quite smart imo.
Not saying his predictions will come true, but he is no idiot.