We have a college education bubble in America that was made possible by the U.S. government's willingness to give out cheap and easy student loans.
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...
The price of gold leapt at the start of US trading on Thursday, coming within 0.5% of last month's record highs – and gaining $50 per ounce inside 21 hours – as the US Dollar fell in response to the Federal Reserve's re-launched quantitative easing program.
"...several financial seers — Marc Faber, Jim Rogers, and Peter Schiff among them — saw gold’s rise as inevitable and linked it directly to the massive ongoing issuance of cheap money by the Federal Reserve and other central banks."