447 Articles 1 Followers
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...
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...
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...
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...
28 Nov 2022 2 minute read 0 comments SweptOverNiagara
We're off to a wild start and it's only Monday. Protests have erupted across China over the weekend that could cause even more disruption to the global supply chain. We're talking more than a billion people here. Could be historic. In Austria, a nati...
26 Nov 2022 2 minute read 0 comments SweptOverNiagara
Eric King of KingWorldNews has just released a very good interview with Nomi Prins, author of the book, 'Permanent Distortions - How financial markets abandoned the real economy forever'. Her credentials speak for themselves. Prins once worked as man...
25 Nov 2022 2 minute read 3 comments SweptOverNiagara
An article popped up on Kitco News yesterday really caught my attention, centered around the sudden movement of Bitcoins that were stolen in the now infamous hack of Mt. Gox which ultimately led to its downfall. After 7 years laying low in a wallet r...
24 Nov 2022 3 minute read 3 comments SweptOverNiagara
Mike Maloney, precious metals dealer at GoldSilver.com, author of the most successful financial self-help book, 'Guide to investing in gold and silver: Protect you financial future' and producer of the hugely successful Youtube video series, 'Hidden...
