Category: Gold and Silver

Automation's Destruction Of Jobs: You Ain't Seen Nothing Yet…

Authored by Charles Hugh Smith via OfTwoMinds blog, Employers have no choice: it's innovate/automate or die. Automation–networked robotics, software and processes–has already had a major impact on jobs. As this chart from my colleague Gordon T. Long illustrates, the rise of Internet technologies is reflected in the steady, long-term decline of the labor force participation…

Raoul Pal Warns Bitcoin Is A Mania, Not A Store Of Value… "I Sold-Out Last Week"

Via MauldinEconomics.com, The price of Bitcoin has risen by 210% since March to over $2,900… and one of the world’s most successful investment strategists is warning investors to stay away. Speaking at the Mauldin Economics’ Strategic Investment Conference, Raoul Pal-author and publisher of The Global Macro Investor, an elite macroeconomic and investment research service—said Bitcoin’s…

Banks Playing Same Old Game

In what should come as no surprise to anyone around here, The Banks are once again creating as much paper metal as necessary to stall an advance in price.   Already twice this year we’ve seen this happen in Comex Digital Silver and now The Banks are working their alchemic magic in Comex Digital Gold, too.From…

Moby Trump

Authored by Howard Kunstler via Kunstler.com, He breached out of the horse latitudes in the Great Sea of Politics last spring and destroyed all the lesser whales with his mighty flukes, but now the Democratic Pequod, with its diverse and inclusive crew has vowed to chase him to the ends of the earth until he…