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Money printing is the only thing keeping the system afloat
Will The U.S. Economic 'Recovery' Take The Shine Off Gold And Silver?
U.S. Credit Rating: No Risk Of A Debt Default?
The Financial Collapse Won't Come With A Warning Sticker
SGU: Silver Gut Analysis
Links for 2012-10-13 [del.icio.us]

Money printing is the only thing keeping the system afloat

Posted: 14 Oct 2012 07:00 AM PDT

Last Monday GoldMoney published my article showing the frightening growth in money-quantities for the US dollar. In that article I stated that the hyperbolic rate of increase, if the established trend ...

Will The U.S. Economic 'Recovery' Take The Shine Off Gold And Silver?

Posted: 14 Oct 2012 06:55 AM PDT

By Tim Iacono:
A combination of factors - better U.S. economic reports, slowing growth in China, new concern over a Spanish bailout, and a stronger U.S. dollar - drove precious metals prices sharply lower for the second Friday in a row as gold and silver have now seen their most substantive retracement since concluding an impressive late-summer run last month.
But, while there may be more downside to come over the very near-term, it is shaping up to be another exciting year-end as the stars seem aligned for new record highs for the gold price and much higher silver prices amid growing demand from investors around the world.
For the week, the gold price fell 1.5 percent, from $1,781.30 an ounce to $1,754.30, and silver fell 3.0 percent, from $34.51 an ounce to $33.48. Gold is now up 12.0 percent for the year, down 8.8 percent from its high last fall, and silver

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U.S. Credit Rating: No Risk Of A Debt Default?

Posted: 14 Oct 2012 05:44 AM PDT

By Shaun Connell:

One of the basic responses to those who are worried about a debt default by the US government is the notion that the US doesn't face that risk because the government has the power of the printing press in an age of fiat currency.

The argument goes that "sovereign debt defaults" are simply for governments not in complete control over their own currency creation, like the Greeks, the Germans, or the US under the gold standard.

This makes many feel quite good about the national debt, and helps create the appealing narrative that debt worries are mostly overblown.

But they're not. The national debt problem is slowly being built into a crisis which will eventually be structurally impossible to fix without massive economic upheaval, and "we print our own money" won't magically fix it.

Yes, The US Has A Default Risk

The US has a default risk, and the notion

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The Financial Collapse Won't Come With A Warning Sticker

Posted: 14 Oct 2012 05:32 AM PDT

By Plan B Economics:

The financial system will survive until it doesn't. Such is the nature of most catastrophes - they arrive without warning. I am afraid the US financial system - specifically the US dollar and US Treasuries (TLT) - may be the next unsuspecting victim.

This is not to say that financial catastrophe comes completely out of the blue. On the contrary, most collapses (small and large) are preceded by compounding pressures of some kind. The prescient few (like Marc Faber and Nouriel Roubini) who see the building pressures and forecast a disastrous discontinuous event are often ridiculed, called 'broken clocks' or labeled doomsayers. And because their forecasts can take years to unfold, the few investors that subscribe to their warnings often eventually dismiss them. In the end, catastrophe is a surprise to the average institutional and retail investor because most fail to, are incentivized not to or choose not to listen

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SGU: Silver Gut Analysis

Posted: 14 Oct 2012 05:18 AM PDT

scrapgolduniversity: Silver Gut Analysis 10-13-2012

from scrapgolduniversity: