Continued from Part 2 Banking System Similarities Just look at the banks that lend out multiples of their deposits. Once the 2008 financial crisis hit (actually well before this), the bad loans started to hit the banks. The banks don’t have enough cash on hand to cover the write-down on the assets, so they got the Financial Accounting Standards Board …
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1
2011
Continued from Part 1 What Does All This Have To Do With Gold and Silver Prices? Most people know that trading in stocks or ETFs is not the same as trading in the actual physical metal, at least for the retail investor. But the big boys get to play the physical metals in the Over The Counter (OTC) market. From …
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1
2011
Every time we get a run up in the price of gold and silver of late, we seem to get it pushed right back down again like today when we see falling gold and silver prices. Sure, news of what’s going on in Europe or Japan can have some short term effects on the price of gold and silver, or …
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