There were reports out today that JP Morgan has now admitted to having their massive naked short position in silver and is taking steps to reduce it. According to the Financial Times in London, "JPMorgan has quietly reduced a large position in the US silver futures market which had been at the centre of...
This country is headed for financial disaster. Spendthrift government is insolvent and its behavior threatens the economy and lifestyle of all citizens.
Federal Reserve Chairman Ben Bernanke was a guest on '60 Minutes' this evening and the National Inflation Association felt it was important to address Bernanke's comments.
Have you ever noticed that all your credit card bills seem to get mailed to South Dakota, Nevada or Delaware? Have you ever wondered why national credit card issuers would want to run their businesses in South Dakota, a state where the average temperature in January is 5 degrees?