ANNOUNCEMENT: Over the course of the next few weeks, FlyingEagleGold.com will be preparing for a major transformation on this site. It's going to take many hours late into the night. We will be incorporating new features, pages and products into the new format, but we'll still hold on to our signature images - so stick with us, and be prepared for a new dawn
Roubini's Bearish Forecast Is Bullish For Gold
Gold will still be supported by central banks who add to their reserves, plus strong Asian interest from investors and consumers. (Read Full Story)
Broken Dollar
It has been my theory that this year we would see one of the worst performances by the stock market since 2008. (Read Full Story)
Life, Liberty & All That Jazz...
$58-60 silver price by September says Dubai silver trader It is far more profitable to trade silver than gold where the margin is much smaller... (Read Full Story)
Fed To Markets: Buy Gold And Silver The Fed just spoke.Here's a slightly edited transcript: Blah blah blah ...the economy has been expanding moderately ...blah blah blah boilerplate... (Read Full Story)
Steen Jakobsen on Maximum Intervention "Now is the Time You Need Metals – Particularly Gold and Gold Stocks" Both the ECB and the FED have now clearly showed that the changed board of directors is far more willing to print money and keep rates low forever than ever before in central banking history – which is probably not a good thing or is it? (Read Full Story)
Taxpayers Still In Hole $133 Bil From Gov't Bailouts Financial Crisis: The bailouts of the last three years were a rousing success, Democrats like to say, a shining example of how government activism can save the economy. Really? A new government report suggests otherwise. In 2010, the newspapers were full of reports of companies ... (Read Full Story)
Government Accounting Is Like Lemonade Stand Economics It is tempting to think that the Soviets perfected negative-value-added investment — the stuff produced is worth less than the value of the resources to produce it. However, most families have experienced this first hand. It usually surfaces with an entrepreneurial adolescent deciding it ... (Read Full Story)
STEVE ROACH: We're Completely Screwed One of Wall Street's most respected economists is not buying this rally. (Read Full Story)
If The Economy Is Improving…. Everywhere you turn these days, someone is proclaiming that the economy is improving. Barack Obama is endlessly touting the "improvement" in the economy, the mainstream media is constantly talking about "the economic recovery" and an increasing number of Americans seem to be buying into this line of thinking. (Read Full Story)
Silver Sales Up As Supply Slips
For the first time in history, Silver Eagle & Maple Leaf sales will surpass domestic silver production in the U.S. and Canada in 2011 ... (Read Full Story)
Life, Liberty & All That Jazz...
$58-60 silver price by September says Dubai silver trader It is far more profitable to trade silver than gold where the margin is much smaller... (Read Full Story)
When Will Silver Reach a New High? It's a commonly known fact that silver is more volatile than gold. Already in this decade, silver has risen by a factor of 12 from its ten-year low ($48.70 vs. $4.07), while gold has seen about a sevenfold climb ($255.95 vs. $1,895). (Read Full Story)
More QE on the Way The next FOMC meeting is scheduled for this week, but there is little chance that the Chairman will announce the new round of bond-buying. But listen for Bernanke to list the continuing woes of the housing market, and its drain on the economy and growth. Housing will be the new demon. And Ben will excise it with a Trillion dollar dose of his favorite restorative quantitative elixir. (Read Full Story)
Hardest-hit areas These 100 U.S. zip codes were impacted the most by foreclosures, according to RealtyTrac. Welcome to deez Plantation Mutha Fuggahs!(Read Full Story)
Democrats' Three Years Of No Budget Is All About Deception Congress: The last time the Democratic-controlled U.S. Senate passed a budget was April 29, 2009 — 1,000 days ago. It's no mystery why: They don't want taxpayers to know about the trillions they're wasting. A published budget would be an election-year death warrant for Senate ... (Read Full Story)
Dems: Let Government Determine Reasonable Profits Big Oil: In the annals of stupid legislation, add a proposal from House liberals that would set up a "Reasonable Profits Board" to decide when oil companies have made too much money. We pay lawmakers for this? The "Gas Price Spike Act" is really just a warmed over windfall profits ... (Read Full Story)
If The U.S. Government Keeps Spending Money Like This We Are Doomed And If The U.S. Government Stops Spending Money Like This We Are Doomed If you increased your credit card spending by a couple thousand dollars per month would your lifestyle improve? Of course it would. By going into large amounts of debt, it is possible to live a lifestyle that you can't really afford, at least for a while. But if you keep racking up huge amounts of credit card debt every single month, eventually it gets to a point where it is extremely difficult to even keep up with the minimum monthly payments and the credit card companies will not lend you any more money. Well, on a larger scale it is the same thing with government debt. (Read Full Story)