I just put the finishing touches on my presentation for our Money Crisis Survival Summit in Las Vegas next weekend. I hope to see some of you there, because the clock is ticking… The Federal Reserve’s next policy meeting starts Sept. 21, right after the event. The meeting was only supposed to last a […]
Gold Prices at $1,800: You Ain’t Seen Nothing Yet…
A frequent reader of mine wrote in with a question. He asks: With the latest drop in the equity market, presumably because of the U.S. debit, why doesn’t the Federal Reserve sell off some of its gold reserves? I understand that it has +/- 7,000 tonnes in stock. Could it not also settle its debts […]
Why Now is the Time to Invest in Silver
A lot of my friends are having kids right now. Over the weekend, we had some friends over for dinner. One of them brought his eight-year-old daughter. She loves animals, and was great with all our dogs and horses, but we ended the night exhausted! Explaining the rules, keeping a watchful eye over the bigger […]
Should You Invest in Natural Gas?
Over the past week and more, we’ve been talking about crude oil, crude oil and crude oil. And for good reason. Oil prices jumped above $97 a barrel in after-hours trading on Friday. This industry is so important — and so riddled with corruption and greed — that Sandy Franks and I wrote a book […]
Protect Yourself From a U.S. Debt Default
The U.S. is in a very scary position right now… We have a real chance of defaulting on our debt. The government is still arguing over what to do about the debt ceiling, and if they can’t find a solution we’re looking at an economic meltdown. The rating agencies are starting to catch on. Moody’s […]
Obama Gives OPEC Dissenters the Finger, Crude Oil Prices Could Lower
For the past two days, I’ve been driving… I recently won an auction for a mustang — a gorgeous strawberry roan we’re calling Aesop Rye. I spent all of Wednesday towing all 1,000 pounds of him, plus the 3,500-pound trailer. The trip was grueling, and we made plenty of pit stops along the way. But […]