Time for a Two-Month Trade Against the Dollar

I believe gold hit a bottom last week, and I believe it will enter a multi-month rally starting now.

I also believe that the U.S. dollar hit a near-term peak this week, and I believe it will enter a multi-month downtrend, starting now.

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We’re Closing In On a 70% Dividend

Lately, it seems billionaire precious metals investor Eric Sprott is grabbing headlines almost daily.

Sprott believes in silver and gold as money, and he has little faith in paper currencies.

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Is the euro sell-off different this time?

Net shorts by speculators in the euro versus the U.S. dollar reached a record high of 116,000 contracts last week, according to the CFTC’s commitment reports of futures positions at the Chicago Mercantile Exchange.

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Rival bidder possible for European Goldfields

The rumours were true. After a couple of weeks of speculation, Eldorado Gold Corp. has struck a $2.5-billion all-stock deal to buy European Goldfields Ltd.

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The Latest Investment Victims of the Chinese Government

Back in June, I warned readers about the breakdown in Wall Street’s favorite China stocks… the Chinese “Internet plays.” These stocks include Baidu, Sina, and Sohu. These are companies with services similar to U.S. companies like Google, Yahoo, and Twitter.

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Foreign Markets in 2011? Not So Good

Bespoke Investment Group had a post the other day with the YTD returns of all the stock markets in the world. Of the 78 that they track only ten were positive. Of the ten that were positive, only six were up more than 2%. There are still two weeks left in the year so the numbers could of course change.

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Time for a Two-Month Trade Against the Dollar

I believe gold hit a bottom last week, and I believe it will enter a multi-month rally starting now.  I also believe that the U.S. dollar hit a near-term peak this week, and I believe it will enter a multi-month downtrend, starting now.

Read more »

Debt-Free United States Notes Were Once Issued Under JFK And The U.S. Government Still Has The Power To Issue Debt-Free Money

Most Americans have no idea that the U.S. government once issued debt-free money directly into circulation.  America once thrived under a debt-free monetary system, and we can do it again.  The truth is that the United States is a sovereign…

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Global economy fading fast … and no one’s coming to the rescue this time!

There’s no longer any doubt. It’s not something the bulls can argue against. The global economy is fading fast — from one end of the world to the other. And many markets are rolling over sharply.

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Should You Worry About Europe’s Back Door Bank Run?

On Wednesday, Fitch Ratings Inc. downgraded its credit ratings on five of Europe’s biggest banks, and while that decision made headlines, it’s not the most important story to come out of Europe this week.The real story, which the mainstream media is neglecting, is that there are signs of an underground run on Europe’s banks.

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