Gold Market News

Goldman Sachs Issues Debt Warning – Gold Goliath

Posted on :Feb 19, 2018

CNBC Goldman Sachs sees a tidal wave of red ink — and it may drag the U.S. economy into its undertow. Federal deficit spending is headed toward “uncharted territory,” the firm said on Sunday, suggesting that the Trump administration and Congressional Republicans may not be able to count on the economic boost of tax reform […]

Could Trump Back Dollar With Gold? – Gold Goliath

Posted on :Feb 09, 2018

Zero Hedge The only way for Trump to back the dollar with gold is to destroy the Federal Reserve and imprison those running it. Andrew Jackson put America’s 3rd Central Bank out of business and maybe there’s a chance of it happening again. Contradictory Palaver The recent hullabaloo among President Trump’s top monetary officials about […]

Proof Of Futures Rigging, Again – Gold Goliath

Posted on :Jan 29, 2018

Zero Hedge In a shocking development – shocking because as everyone obviously knows market are never rigged or manipulated – late on Friday Reuters reported that the CFTC was set to announce it has fined European lenders UBS, HSBC and Deutsche Bank millions of dollars each for “spoofing” and manipulation in the U.S. futures market. The enforcement action by […]

The $ Divide Continues – Gold Goliath

Posted on :Jan 22, 2018

USA Today A new billionaire is created every other day. The three richest Americans have the same amount of wealth as the poorest half of the U.S. population. And 82% of the global wealth generated last year went to just 1% of the world’s population. These are among the findings of a study released Sunday […]

Crypto Buyers Beware – Gold Goliath

Posted on :Jan 08, 2018

Economic Collapse Investing in cryptocurrencies such as Bitcoin, Ripple, Ethereum and Litecoin is extremely risky, and experts all over the country are warning that people should only invest what they are willing to lose.  Unfortunately, many are getting swept up in the current euphoria surrounding cryptocurrencies and are not listening to that very sound advice.  A disturbing […]

Door To Cashless Societies? – Gold Goliath

Posted on :Dec 18, 2017

Economic Collapse Gold Goliath – Once upon a time, the average American placed great trust in owning physical assets. Whether it be houses, land or possibly gold and silver, individuals knew if life took a financial downturn they would have recourse to weather the storm. With the advent of modern technologies otherwise known as “paper […]

Bitcoin Bubble – Gold Goliath

Posted on :Dec 08, 2017

Economic Collapse The price of Bitcoin continues to rise at an exponential rate, and the financial world is in a complete state of shock.  Just yesterday, I marveled that the price of Bitcoin had surged past the $13,000 mark for the first time ever, but then on Thursday it actually was selling for more than $19,000 […]

Bitcoin Pitfalls – Gold Goliath

Posted on :Nov 27, 2017

Fortune Just as gold bars are lost at sea or $100 bills can burn, bitcoins can disappear from the Internet forever. When all 21 million bitcoins are mined by the year 2040, the actual amount available to trade or spend will be significantly lower. According to new research from Chainalysis, a digital forensics firm that studies the bitcoin […]

Of Course The Fed Owns Washington – Gold Goliath

Posted on :Nov 09, 2017

CNS News – Only the Federal Reserve owns more U.S. federal government debt than entities in the People’s Republic of China, according to the latest data released by the Treasuryand the Federal Reserve. As of the end of August, according to the Treasury, entities in Mainland China owned $1,200,500,000,000 in U.S. Treasury securities. The only other nation that […]

Bankrupt Still Means Bankrupt – Gold Goliath

Posted on :Oct 25, 2017

Sprott Money News   America’s 2017 fiscal gap will come in near $6 trillion, nine times higher than the $666 billion deficit announced by the US Department of the Treasury last week, says Laurence Kotlikoff, an economics professor at Boston University. “Our country is broke,” says Kotlikoff, who estimates total US government debts at more than $200 […]

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