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15 Dec 2022 2 minute read 1 comment trumpman
Last time we saw a fine chubby silver specimen, time for a skinny one! Once again it is a 5 Deutsche Mark, only this from 1971. A pretty minimalistic coin so far, featuring a sexy slim eagle, the denomination below and the minting date on the front....
14 Dec 2022 2 minute read 0 comments SweptOverNiagara
As was widely expected, the Federal Reserve has announced this afternoon it will be raising interest rates by 50 basis. This is the 6th increase this year but instead of 75 basis point increases, we got the 'soft pivot' the financial world has been t...
13 Dec 2022 4 minute read 0 comments SweptOverNiagara
Zero Hedge reports on the CPI (Consumer Price Index) data that was released this morning. While the consensus was for a 0.3% increase month over month, it came in at just 0.1%. Since this is the final CPI report of the year, the consensus for a year...
12 Dec 2022 1 minute read 1 comment stag89
Without a doubt, a currency crisis is coming. Rather than sit back and wait for it to happen, protect yourself and take advantage of the financial chaos that can basically make your dollar as worthless as the paper on which it is printed. I recently...
11 Dec 2022 6 minute read 0 comments SweptOverNiagara
It should be clear to everyone by now that we are living in an inflationary environment. Western central banks have started raising interest rates in earnest in an effort to quell inflation. The Bank of Canada just raised by half a percentage point e...
11 Dec 2022 1 minute read 1 comment CryptoManthan
Poor policies of the governments, politicians, and other financial institutions of the country lead to disasters. We have seen this happening in a number of countries where citizens suffer the poor decisions of governments in terms of inflation and o...
8 Dec 2022 3 minute read 6 comments SweptOverNiagara
Gold can be purchased for just $57.49 USD per gram, at time of writing. In most other currencies (except the Swiss Frank), the price per gram or ounce has skyrocketed. It will cost over $78 in Canadian dollars, $85 in Australian dollars, $448 Hong Ko...
5 Dec 2022 2 minute read 1 comment SweptOverNiagara
You name it, it got hammered today. Oil, gold and silver, bonds, stocks and Bitcoin all took a tumble today. Let's delve a little further to see what happened. Apparently, according to a Zero Hedge article, Nick Timiraos, nicknamed 'FED Whisperer' ba...
3 Dec 2022 2 minute read 2 comments SweptOverNiagara
On Thursday, gold broke through its 50, 100 and 200 day moving averages, breaching the $1,800 mark and skirting there for the next 24 hours until closing last night for the weekend, having fallen just below the mark to close at $1797. Opening the we...
2 Dec 2022 3 minute read 2 comments SweptOverNiagara
With inflation soaring to at least 8% in 2022, depending on who you believe, is it feasible to keep your cash stored in a bank account earning 4% or less? John Williams of ShadowStats.com makes it clear inflation is much higher by about 50%, bringing...
