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Rick Rule on Greece and Gold Jun 30th, 2011 Europe has decided Greece with 160% debt to GDP would be better served with 170% debt to GDP. notes Bill Bonner quote, “who gets stiffed, those expecting entitlement, those living beyond there means, or savers?” answer: yes noted several banks, funds and sovereign funds would be [...]

Eric decides to go on the attack with just how crazy the silver market is. He notes that 1.1 billion ozs trade daily but annual production is only 979 million oz/year and only 322 million ozs are available for investment. So basically 1.3 million oz are produced each trading day but 1.1 billion oz are [...]

The AGM I attended the AGM this afternoon and it was worth being there to see be able to look them in the eye and to hear the chatter afterwards. The formal meeting portion was quick and uneventful. In the presentation Adamson definitely focused on where they have come from and what has been achieved [...]

In the world of the Basel Committee on Banking Supervision (BCBS) their are 3 tiers of capital. At present gold is Tier 3 meaning only 50% can be used as collateral, leaving little incentive for banks to hold it. The World Gold Council (WGC) of all groups has put forth a proposal supported by the [...]

If you have what you consider nice safe US Money Market Funds you might be surprised to know, or maybe not, that they typically have 40% exposure to European bonds in order to get some yield. It seems nothing was learned by US money market funds from 2008. There is an increase in withdrawals from [...]

UBS Survey of Central Bank Reserve Managers, Sovereign Wealth Funds and Institutions managing $8 Trillion see US dollar loosing it’s reserve status within 25 years, and expect the US dollar to be replaced by a basket of currencies. 6% of managers said gold would be the biggest position increase in their portfolio’s over the next [...]

Charles Nenner (June 23, 2011) General Markets very clear we’ll have a double dip and worse believes we’re making a top in the markets cycle low next week and bounce into middle of July, then turn back down again Nenner is long the bond market, has lightened up in equities significantly would sell bond market [...]

Clive is saying, from a technical perspective, silver needs to take more of a break before moving higher and could dip to the $28 – $30 area first and drift lower if the stockmarket tanks which he believes is likely soon. This of course looks at silver strictly from a technical perspective and ignores the [...]

Ben Davis Highlights (June 25th, 2011) see’s more consolidation in gold and silver, for gold we could see $1475 but will stay in a $100 range. mining stocks are cheaper than when gold was $400/oz lower, more bargains come august timeframe Bernanke needs to be careful how QE3 is introduced. Davis considers the IEA 60 [...]

It seems the Fort Calhoun nuclear plant is getting a bit more interesting. There was a breach in the berm surrounding the plant allowing about 2ft of water to surround the buildings. Apparently the plant is water tight so there is no real concern. Apparently the 8ft berm was to protect the ‘powerblock’ against 6ft [...]