Posted on 26. Sep, 2013 by Another Joe.
If the CFTC discovered that the rigging of the monetary metals markets is essentially government policy, being conducted through intermediaries, then it would not be able to act against government agents.
By federal law, the Gold Exchange Act of 1934 specifically authorizes the US government to rig not only the gold market, but to rig any (financial) market surreptitiously through the Exchange Stabilization Fund. If the CFTC has discovered that market rigging is taking place because of US government policy, then according to law there is nothing to be done about it.
via My Blog.
Posted on 09. Jun, 2013 by Another Joe.
Greetings Regular Joes, Many in the US think that a Cyprus-like event could not happen here. There is a sense of arrogant American invulnerability that leads to a haughtiness that will eventually be our undoing. It’s already taking form in the empiricism so rampant in our military (as well as financial – FATCA) fronts. Before getting into […]
Posted on 31. May, 2013 by Another Joe.
Today we have a thought provoking article from one of our favorite gold dealers, the Hard Assets Alliance. The fact that we’re members obviously is one reason that it’s one of our favorites. But we seriously investigated what this organization stands for, what it does and what it offers the customer before putting in our […]
Posted on 24. May, 2013 by Another Joe.
Rachel greeted the woman at the table and remembers her being “very pretty” and “probably in her mid-20s.” “She seemed a bit shy, but she smiled as I greeted her.” Rachel served her a drink, took her order, and made some small talk about how the woman’s baby was beautiful and seemed so peaceful as […]
By Jeff Clark, Senior Precious Metals Analyst Platinum is a precious metal, as is palladium, though to a lesser degree. However, like silver, both are also industrial metals. Unlike silver, it’s their industrial use that is the primary price driver for both platinum and palladium – and that use is undergoing a fundamental shift. The […]
Posted on 20. May, 2013 by Another Joe.
By Jeff Clark, Editor of BIG GOLD Is there a potential event that could negatively impact your world so much that it’s imperative you insure against it? Of course. That’s why you carry fire insurance on your home, for example. The odds of your house burning to the ground are very low – but the […]
By Casey Research In August 1956, the Calder Hall Power Plant in Seascale, England began generating electricity and earned the distinction of being the world’s first commercial nuclear power plant. It was a humble beginning for nuclear power; the plant only had a 50-megawatt (MW) output capacity, whereas the smallest US plant today has a […]
Posted on 20. May, 2013 by Another Joe.
By John Mauldin All Japan, All the Time Japan grew at a 3.5% annual pace last quarter, the fastest pace in a very long time. Of course, government officials see this development as vindication of their new policies and will no doubt decide that even more of the same will be needed in the […]
By the Casey Research Energy Team Like the United States, the European Union relies heavily on Russia and the Commonwealth of Independent States (CIS) for its uranium, as shown in the chart below: Russia is projected to produce 64 million pounds per year by 2020. The majority – 40 million pounds – will come from […]
By Dennis Miller Ninety-eight percent of insurance brokers do not know how to use life insurance optimally. That, anyway, is what one reader wrote in to tell me. I chuckled as I thought to myself, “You could substitute any profession for ‘insurance broker’ – lawyer, salesperson, politician, etc. – and that statement would still ring […]
By Jeff Thomas, International Man An article was published in Uruguay that has received little notice outside of Latin America. This article refers to Cuban dissident Yoani Sánchez, also little known in the First World. Ms. Sánchez has recently been allowed to travel outside of Cuba for the first time, as a result of the […]