SD Friday Wrap: Last weekend was the last normal weekend. Here comes the grave new world, so dig in and hunker down before next week if possible… Editor’s Note: These […]
The post Got Leftover Fiat Currency After Final Coronavirus Preps? Physical Silver Is A Screaming “Buy”! appeared first on Silver Doctors.
There are some peculiar things going on in the world right now. Find out more right here in Part II of this hard-hitting Jim Willie interview… Editor’s Note – This […]
The post Jim Willie: Will The 2020 U.S. Presidential Election Get Cancelled? appeared first on Silver Doctors.
Mike Adams says the anti-Trump liberals in America are literally trying to spread the virus and make the outbreak worse… by Mike Adams via Natural News (Natural News) Now we […]
The post They’re TRYING To Spread It! Sacramento County Announces Ending All 14-Day Quarantines appeared first on Silver Doctors.
CNBC/Jeff Cox/3-12-2020
“‘These changes are being made to address highly unusual disruptions in Treasury financing markets associated with the coronavirus outbreak,’ the New York Fed said in an early afternoon announcement amid a washout on Wall Street that was heading toward the worst day since 1987.”
USAGOLD note: There is obviously something more going on in financial markets than just a stock market meltdown and that “something” apparently involves the bond market. CNBC tells us that the Fed will be purchasing Treasuries across the range of maturities. By its own definition, the Fed appears to have just launched QE4.
GLINT/3-4-2020
“So while in general Covid-19 so far seems only moderately lethal, it has nevertheless prompted a knee-jerk selling of most assets and a shift into gold. It is an ill wind that does no-one any good and disease and death are never cause for celebration, but it needs to be accepted that gold in these uncertain times is proving its merit.”
USAGOLD note: Well said……Glint echoes precisely the way we feel about the situation with gold and Covid-19, and that is why we posted a link to this article even though it is a bit dated.
How to choose a gold firm
A quick guideline for beginning investors
It is surprising how many prospective investors simply dive into gold and silver investing without much in the way of a consumer inquiry. That lack of simple due diligence has ended up costing a good many investors thousands of dollars, and sometimes even hundreds of thousands before the damage is detected.
Here you will find some brief but useful guidelines to help
you choose the right gold and silver company.
To end right, start right.
DISCOVER THE USAGOLD DIFFERENCE
ORDER DESK: 1-800-869-5115 x100/orderdesk@usagold.com
ONLINE ORDER DESK-24/7
Reliably serving physical gold and silver investors since 1973
The National Interest/Neil McInnes
“In fact, Hayek said, central planning led, via cumulative attempts to mend its inevitable failures, to ‘a servile state’ (he recalled Hilaire Belloc’s 1913 book of that name). It led to serfdom, to a condition ‘scarcely distinguishable from slavery.’ Moreover, any attempt at getting a little bit pregnant in this domain, by toying with moderate planning and a ‘middle way’ between capitalism and socialism, would set the democracies on a slippery slope that would end, more slowly but just as surely, in that same serfdom. The free market was not only more efficient economically but indispensable for political and cultural freedom. Its enemies were intellectuals, meddling politicians–and unbridled democracy, which is to say, oppression and spoilation by demagogues invoking the unrestricted will of the majority.”
USAGOLD note: Given the developments in American politics over the past several months, including the left’s sudden embrace of Modern Monetary Theory, it might be worthwhile to revisit the thinking of Frederich von Hayek and, in particular, his book, The Road to Serfdom. Von Hayek was awarded the Nobel Prize for Economics in 1974. The article linked is a review of that book and highlights many of von Hayek’s principles. He memorably dedicated the book to “The socialists of all parties”.
Repost from 4-23-2019, article publication date = 3-1-1998
Credit Bubble Bulletin/Doug Noland
“Bubbles and resulting manias take on lives of their own. They cannot, however, escape harsh realities: Fragilities only build up over time, and Bubbles don’t work in reverse. Collapse becomes unavoidable, with any serious de-risking/deleveraging dynamic leading to a contraction of marketplace liquidity, a spike in risk premiums, illiquidity, panic and dislocation. It’s the modern form of the old-fashioned Bank Run. That’s where we are today.”
USAGOLD note: Sounds like the sort of thing the wise investor might consider hedging………Noland goes on to discuss the notion of “globalized bubbles.” Globalized bubbles, it follows, lead to globalized breakdowns that in turn lead to globalized demand for gold and silver. James Ricards warning of last week that there might come a time when investors might not be able to buy gold takes on a greater sense of urgency in this context.
Repost from 3-8-2020
