Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichter
Exuberant wealth managers expect another phenomenally good year for stocks in 2014, followed by more great years. They see bonds and bond funds as a juicy investment that belongs in every diversified portfolio, damn the torpedoes. They’re the vast majority of wealth managers.
But there are some fretters scattered around, still, and they’re having a hard time, and they’re losing clients, and they’re pushed to the margins. No one wants [...]
Today’s AM fix was USD 1,255.25, EUR 912.05 and GBP 765.49 per ounce.
Yesterday’s AM fix was USD 1,245.75, EUR 906.13 and GBP 757.76 per ounce.
Gold rose $21.90 or 1.77% yesterday, closing at $1,262.50/oz. Silver soared $0.53 or 2.67% closing at $20.40/oz. Platinum climbed $15.25, or 1.1%, to $1,386.99/oz and palladium also rose $1.50 or 0.2%, to $735.20/oz.
Gold in U.S. Dollars, 5 Years – (Bloomberg)
Gold neared a three week [...]
http://usawatchdog.com/brace-for-vola… - Axel Merk, who manages nearly a half billion dollars, says, “The only good news in all of this is that policymakers are predictable. That provides opportunity such as shorting the yen or buying some gold.” Merk predicts, “The risk is something is going to blow up, but the more likely scenario is that we’re going to just keep our heads spinning . . . and we’ll talk again at [...]
Background here, here and here.
IN THIS INTERVIEW:
*NSA will give illegal inside trading information to the world’s central banks (0:49)
Market Oracle article: http://marketoracle.co.uk/Article4347…
*Congress throwing away the debt ceiling? (6:21)
*U.S. war with China? (7:12)
*Gold confiscation in the U.S. and collapse of the dollar (11:03)
*Record setting winter, snowstorm in Arizona! Where’s Global Warming? (19:23)
*NASA debunks global warming? (24:41)
Forbes article: http://onforb.es/1diLrg4
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About Our Guest:
MICHAEL RIVERO is the webmaster of [...]
US Going After Other Countries To Report US Hidden Assets — Episode 235
Approximately 25% of the Greek people cannot afford healthcare at this time. Cyprus is getting more bail-out money. More than million children are homeless this is more than in the Great Depression. The US is forcing Swiss banks to hand over hidden assets, many are not complying at this time. The US government has extended the agreement for [...]
It’s a bird, it’s a plane, it’s a yellow quadcopter filled with medicine! On Monday, the folks over at Deutsche Post DHL, the largest logistics company, conducted its first test flight of its “Paketkopter” (as you might have guessed, that means ”package copter” in German) in the western city of Bonn, just south of Cologne.
For the test flight, the small quadcopter carried medicine from a pharmacist in Bonn across the Rhine River to the DHL head office [...]
On International Human Rights Day, 562 authors, including 5 Nobel Prize laureates, from over 80 countries have joined together to launch an appeal in defense of civil liberties against surveillance by corporations and governments. 5 Nobel Prize Winners have signed: Orhan Pamuk, J.M. Coetzee, Elfriede Jelinek, Günter Grass and Tomas Tranströmer. Also among the signatories are Umberto Eco, Margaret Atwood, Don DeLillo, Daniel Kehlmann, Nawal El Saadawi, Arundhati Roy, Henning [...]
Curious about life on Mars? NASA’s rover Curiosity has now given scientists the strongest evidence to date that the environment on the Red Planet could have supported life billions of years ago.
Since Curiosity made its rock star landing more than a year ago at Gale Crater, the focal point of its mission, the roving laboratory has collected evidence that gives new insights into Mars’ past environment.
NASA scientists announced in March that Mars could [...]