American Financial Markets Have No Relationship To Reality — Paul Craig Roberts and Dave Kranzler
By: algol|04 November, 2014|Categories: Articles & Columns
UPDATE: Nov. 7, 2014 The demand for bullion coins has forced the Canadian Mint to put silver Maple Leafs on allocation order, which is a form of rationing. The 40% fall in the price of silver in the last four months has not resulted in a 40% fall in the price of the coins. The premium on the coins has…
Read more »Why the Financial and Political System Failed — Nomi Prins
Nomi Prins in the article below addresses the destruction of the market-based Western financial system and its replacement with a casino underwritten by taxpayers. Why the Financial and Political System Failed — Nomi Prins The recent spike in global political-financial volatility that was temporarily soothed by European Central Bank (ECB) covered bond buying reveals another crack in the six-year-old throw-money-at-the-banks…
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