The global financial system is on very thin ice, teetering on collapse. The Fed is spending money at an astronomical rate. It’s creating this money out of thin air by monetizing bad debts and whatever else it has to. Typically there is a lag of about a 8-12 months between money creation and inflation but eventually, what’s recently happened...

Commodities are under pressure this morning with Refiners being the weakest in the energy sector. The whole industry group is down 5% and as crude oil moves lower so does this sector. Crude is down 5% to 43.28 per barrel. Natural gas is trading higher, however. It was recently quoted 1.5% higher at $4.56 per contract. Natural gas futures contracts...

I currently have on full position on in Yamana Gold AUY. Congrats to all who grasped this low risk setup. Gold is $900 now and $680 appears to be a convincing bottom. Deflation will not last forever. AUY is doubling production in the coming years and is cash flow funded to keep growing. AUY has all the attributes and qualities you look for in an investment...

Even the talking heads at CNBC can’t get in the way of MoMo of this gold rally. The collapse of the British pound is the spark that finally lit the fuse. Now the fuse is burning and all the central bankers and all the corrupt banks can’t stop the explosion soon to come. The people of the world (especially the Chinese, Arabs, and Japanese...