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46 MINS AGO - Zero Hedge

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A Vision of Monetary Hell Troubles Our Sleep...

Submitted by Bill Bonner via Bill Bonner & Partners, A vision of Hell troubles our sleep. It is the vision of what the United States will be like when the authorities have obliterated almost three millennia of monetary progress and have their boots on our necks. Here’s Peter Bofinger, a leading German Keynesian economist, in Der Spiegelmagazine: With today’s technical ...

Tags: A Vision of Monetary Hell Troubles Our Sleep...,  Silver Latest News

7 HOURS AGO - Safehaven.com

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Precious Metals Rally Consolidates

Gold and silver rallied strongly last Friday and into Monday's overnight trading (UK time) before spending the rest of the week drifting lower from initial highs to consolidate above notional support at $1200 and $17 respectively.

Tags: Precious Metals Rally Consolidates,  Silver Latest News

11 HOURS AGO - Zero Hedge

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Smart Money Entering Precious Metals as Russia Buys Another 300,000 Ounces

Today’s AM LBMA Gold Price was USD 1,211.00, EUR 1,083.45 and GBP 772.96 per ounce.Yesterday’s AM LBMA Gold Price was USD 1,209.60, EUR 1,084.36 and GBP 772.60 per ounce. Gold fell $3.78 to close at $1,205.82 an ounce on yesterday, and silver remained unchanged at $17.12 an ounce. Gold in U.S. Dollars - 1 Week Overnight, gold in Singapore inched up 0.2 percent to ...

Tags: Smart Money Entering Precious Metals as Russia Buys Another 300,000 Ounces,  Silver Latest News

11 HOURS AGO - Zero Hedge

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Why The US Consumer Is About To be Crushed: The Obamacare Inflationary Deluge Arrives

For the past three years, the biggest argument supporters of Obamacare would trot out every single time when faced with opposition to the mandatory tax, would be that despite widespread predictions of soaring prices, US medical care service costs had remained low and even, on occasion, declined (we leave aside the lack of discussion about soaring in deductibles which are ...

Tags: Why The US Consumer Is About To be Crushed: The Obamacare Inflationary Deluge Arrives,  Silver Latest News

13 HOURS AGO - Zero Hedge

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Tick Tock, The Greek Time Bomb Is About To Go Off

We were warning in several previous articles (here & here) the Greeks didn’t have much time left to enter into a new funding agreement with its lenders as the country was facing several billions of euros in mandatory repayments over the next few weeks. Meanwhile, the International Monetary Fund has estimated Greece has until June 5th before it runs out ...

Tags: Tick Tock, The Greek Time Bomb Is About To Go Off,  Silver Latest News