Preventing Taxpaying Milk Cows from Seeking Greener Pastures

By Nick Giambruno   It’s undeniable that the window of opportunity is getting smaller… especially when you connect all the dots and see the big picture. To help connect those dots, it’s important to understand the things that make being an American citizen uniquely burdensome. First, Americans are the only people in the entire world who effectively suffer under an inescapable, worldwide system of taxation. For example, if an American and an Italian both moved to Singapore (or any foreign country) and earned income there, the American would still have to file and pay US income taxes. The Italian would have no tax liability to Italy. That’s how it works for citizens of virtually all countries… except American citizens. The obligation for US citizens to file a stack of complex and almost incomprehensible forms each year usually requires the assistance of an expensive tax preparer. This is because even an honest mistake … Continue reading

Frank Holmes Talks No-Drama Investment Strategy

Source: JT Long of The Gold Report  (11/10/14) Frank Holmes’ advice to investors? Chill. In his interview with The Gold Report, the veteran commodities investor shared some strategies that help him “sit back and stay balanced,” namely by diversifying and following the money. Find out about the indicators Holmes watches to read the market’s pulse, and why a +/- 35% move for gold doesn’t keep him awake at night. Holmes also profiles his favorite mining stocks, including one that generates what could be the highest per-employee revenue in the world. The Gold Report: Your talk at the New Orleans Investment Conference was titled “The Optimistic Investor in a Pessimistic World.” How do you stay so positive when gold falls 2% or even more in a day? Frank Holmes: The biggest thing when it comes to gold—something I’ve always advocated—is to maintain a 10% weighting, 5% in gold stocks and 5% in … Continue reading

Gold Has A Monster Rally and Closes Up For the Week

November 7, 2014    5:10PM, CST Dudley Pierce Baker What an incredible week for gold and that is an understatement. With gold crashing earlier in the week and trading in the low $1130s, today, Friday November 7th gold rallied and the rally continued into after hours trading and closed at $1178.50 up a whopping $37.20 for the day and up $7.80 for the week. Gold needed this move in an attempt to minimize the technical damage which has many calling for the end of the long term bull market in gold. Of course the jury is still out but today was a significant move and may get the bull back on track, only time will tell. Below, we show you the closing charts for the day and week using, but remember gold surged after the cutoff in the charts. ____________________________________________________________________________________________ Advertisement:Join us at for the only listing and details on all … Continue reading

The Madness of the EU’s Energy Policy

By Marin Katusa, Chief Energy Investment Strategist The stakes couldn’t be higher. Vladimir Putin has launched a devastating plan to turn Russia into an energy powerhouse. And Europe, dependent on Russian natural gas and oil for a third of its fuel needs, has fallen right into his hands: Putin can bend the EU to his will simply by twisting the valve shut. Considering how precarious Europe’s economic security is, one would have thought that now would be a good time for the EU to reassess its energy policy and address the effect crippling energy costs are having on its struggling economy. But the EU is never going to agree to a rational reappraisal of its policies, because eco-loons like its new energy commissioner, Violetta Bulc, have taken over the asylum. A practicing fire walker and a shaman, she’s the sort of airy-fairy Goddard College type who only believes in the … Continue reading

A Triple Bottom For The HUI?

Thursday November 06, 2014 15:34 Jay Taylor We now have a 10-year triple bottom for gold shares as measured by the HUI Index. Have we now seen a capitulation in the gold shares? Or are we destined to go still lower? Actually, in terms of the TSX-S&P Gold Share Index shown below on your left, that question was answered on Friday, October 31, when, on extremely heavy volume, the index fell precipitously from what had been a 110-year low of 160 to a low of 131.04. For a second day in a row it gapped down dramatically at the open. But at least today it didn’t finish on the low. It bounced back from 131.04 to close at 134.62 Clearly this is of concern to your editor. Either we are now at a grand buying opportunity or we could still have further on the downside to go before things turn … Continue reading

Putin Signs Secret Pact to Crush NATO

By Marin Katusa, Chief Energy Investment Strategist Back on September 11 and 12, there was a summit meeting in a city that involved an organization that most Americans have never heard of. Mainstream media coverage was all but nonexistent. The place was Dushanbe, the capital of Tajikistan, a country few Westerners could correctly place on a map. But you can bet your last ruble that Vladimir Putin knows exactly where Tajikistan is. Because the group that met there is the Russian president’s baby. It’s the Shanghai Cooperation Organization (SCO), consisting of six member states: Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan. The SCO was founded in 2001, ostensibly to collectively oppose extremism and enhance border security. But its real reason for being is larger. Putin sees it in a broad context, as a counterweight to NATO (a position that the SCO doesn’t deny, by the way). Its official stance may … Continue reading

The Net Worth of Every US President

JEFF DESJARDINS on October 23, 2014 at 8:45 pm The Net Worth of Every US President In the modern US political system, it costs billions of dollars to rise through the ranks and eventually make a run for president. While not necessary, it is definitely helpful to have some personal wealth to facilitate years of campaigning. Many presidents have come into office with a great amount of personal or family wealth. Others, such as Bill Clinton and Richard Nixon, made their wealth after their terms from authoring books, interviews, or other public appearances. Interestingly, adjusted for inflation, it appears that the two wealthiest presidents were George Washington and John F. Kennedy. Some of the less wealthy include Harry Truman, Woodrow Wilson, Calvin Coolidge, Chester Arthur, James Garfield, Ulysses Grant, Andrew Johnson, James Buchanan, and Abraham Lincoln.   Advertisement:Join us at for the only listing and details on all stock … Continue reading

German Precious Metal Dealers Report Huge Run on Silver Coins

Montag, 3. November 2014, 10:31 Uhr | Eingetragen von Goldreporter Precious metal dealers in Germany have literally been run down after the latest slump in gold and silver. Wholesalers already expect deferred deliveries. The latest plunge in gold and silver late last week has led to a sharp increase in demand by German precious metals investors, which also continued on Saturday. There was a particularly strong demand for silver coins. “On Thursday and Friday people had to draw numbers in order for us to control the run”, reports Andreas Heubach, CEO of Heubach Edelmetalle in Nuremberg. “On both days we sold each around 40,000 silver ounces – incredible”, he said. “Demand is back – and hysteria as well”, he evaluated. Tremendous Run “The run is tremendous, even today on a Saturday”, Christian Brenner, CEO of Philoro Edelmetalle GmbH in Leipzig and Berlin reports. Despite the high counter trade level in September, demand has … Continue reading

Ron Paul Says: Watch the Petrodollar

By Nick Giambruno, Senior Editor, The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros. The sooner the better.—Ron Paul Dr. Paul is referring to the petrodollar system, one of the main pillars that’s been holding up the US dollar’s status as the world’s premier reserve currency since the breakdown of Bretton Woods. Want to know when the fiat US dollar will collapse? Watch the petrodollar system and the factors affecting it. This is critically important, because once the dollar loses its coveted reserve status, the consequences will be dire for Americans. At that moment, I believe Washington will become sufficiently desperate to enforce the radical measures that governments throughout world history … Continue reading

Gold Charts | Weekly & Monthly HAVE NOT Broken Support

By Dudley Pierce Baker Fear is in the streets again for resource investors as gold plunged late last week and closed at $1172 having been as low as $1160. Over the weekend I looked over the charts which I access with and a close look to me reveals that the weekly and monthly gold charts have not broken support, at least not yet. Yes, we are close but need additional time to know for sure. You look and you decide. Advertisement:Join us at for the only listing and details on all stock warrants trading in the United States and Canada. All industries and sectors are represented and many opportunites for investors. Don’t overlook this unique opportunity. Visit our website now.   … Continue reading