Indicative Price to buy (Sat 10.40am NZ time):
1 oz Gold bar: $2152.80 1 kg silver bar: $1432.05

Even before Bernanke’s speech – Has the Fed started QE?

Overnight Friday (NZ time) Ben Bernanke’s speech in Jackson didn’t give away too much.  He did mention further stimulus remains on the table and that the Fed has booked in 2 days for it’s next meeting in September instead of the usual 1, which could indicate a plan is afoot.  This seems to have been enough to keep the markets from diving for...

Too Much of a Good Thing Is Not a Good Thing

It’s interesting to see the charts in this article comparing the USA’s money printing to that of Japan in the early 2000′s.  Both resulted in significant boosts to the stock market.  In Japans case it didn’t last and 10 years later the Japanese stock market is still off it’s highs.  Is the USA repeating Japans past as we watch...

Porter Stansberry: The End of America, & Mike Maloney: You Better Man the Lifeboats

The End of America The founder and namesake of Stansberry Associates, Porter Stansberry, shocked the audience at the Casey Research Spring Summit with his ‘End of America’ speech. “Our country racked up an enormous amount of debt over the last 40 years – an unprecedented amount of debt. We went from being the world’s largest creditor, to being the...

QE2 and the Fate of the U.S. Economy

So far the call from David Galland appears to be tracking pretty closely.  The recent Fed annoucement came just after he wrote this article.  They are saying QE2 will continue to the end of June.  We will have to wait and see what happens then to see how close he is on the rest of his theory below… By David Galland, Casey Research In the last few weeks,...

Major Policy Shift Ahead From The Federal reserve?

(Interviewed by Louis James, Editor, International Speculator) Editor’s Note: David Galland, Casey Research partner and managing editor of The Casey Report, sees a major shift in Federal Reserve policy ahead and has advice on how to invest accordingly. Time is short, so we’ve asked David to share his thoughts with us. L: David, in recent editorials...