Will Putin Play His “Gold Card?” – Amphora…

The topic of ‘currency war’ has been bantered about in financial circles since at least the term was first used by Brazilian Finance Minister Guido Mantega in September 2010. Recently, the currency war has escalated, and a ‘sanctions war’ against Russia has broken out. History suggests that financial assets are highly unlikely to preserve investors’ […]

Big Mac Attack is a deal…

89 rubles (eighty-nine rubles = $1.78) is what it costs for a Big Mac yesterday in the local McDonald’s. 400 rubles is a fair meal for two at McDonald’s in Russia… Then eating at Globus for two, nearby, runs about 400 rubles and that equates to about $8 give or take. Globus is a full […]

No Oil Production Cuts…

Cut Oil Production? Russia says, “NO!” OPEC says, “NO!” USA says, “?” – They just frack the country to death and to hell with the people… I have to smile and realize that OPEC and Russia are in for the long-term. They both have years of extra money to ride out the games being played […]

Give Our Gold Back…

Gold Please; Governments around the world are getting prepared for the coming US debt default/ global economic collapse… Germany tried last year and was turned down, through arm twisting issues, but the Netherlands got some gold back and France plus Switzerland are getting ready to ask for theirs back also… De Nederlandsche Bank – was […]