Timothy Alexander Guzman, Silent Crow News – The US political crises and its Debt limit problem is a warning sign for China over its $1+Trillion it holds in US treasuries. Although the crisis is temporarily resolved until January, uncertainties will still remain. Before a deal was reached on Wednesday, Chinadaily.com reported that “Even if the debt impasse is eventually solved…
Category: Global Economy
Has the US Dollar Lost its Credibility? Legitimate Concerns for the World’s “Reserve” Currency
Timothy Alexander Guzman, Silent Crow News – The confidence in the US dollar as the world’s reserve currency since the US government shutdown has continued its rapid decline. On October 14th, started the third week of a US government shutdown reported that the US dollar fell against the Euro. A deal involving a spending bill would most likely happen between…
A Precious Metals Renaissance? What the Federal Reserve Bank’s Endless QE Means for Gold and Silver
Timothy Alexander Guzman, Silent Crow News – As the Syria Crises continues with unfolding developments every day, an economic crisis looms. The US economy is on the verge of sliding in to a severe recession that will eventually lead to a depression. When? It is hard to say. Federal Reserve Chairman Ben Bernanke announced this past Wednesday at a news conference…
America’s Economic War on the People of Iran: Obama Signs Executive Order Targeting Iran’s Currency and Auto Industry
Timothy Alexander Guzman, Silent Crow News – The Nobel Peace Prize President recently signed another executive order targeting Iran’s currency, the ‘rial’ due to its nuclear program. It is intended to make the Iranian people angry at the government for high food prices and an economy that is continuing to stagnate due to numerous sanctions imposed by the West, particularly…
New Sanctions Begin: South Korea’s Samsung announces its “online store” will not operate in Iran
Timothy Alexander Guzman, Silent Crow News – Samsung, the South Korean multinational company headquartered in Seoul just announced that its online store will not operate in Iran as of May 22, 2013. The Associated Press report titled ‘Samsung to block access to app store in Iran’ that “Iranian users of Samsung mobile applications said Thursday that the company had notified…
Buoyant Silver Market: China’s Silver Demand Increases as the Euro Continues its Downfall
Timothy Alexander Guzman, Silent Crow News – Silver will be in high demand in the future. The future of silver looks promising. Many industry insiders understand that silver has the highest electrical and thermal conductivity of any metal that currently exists. As we already know, silver has the potential to store more power in a small amount of space that any other…
Investing in Silver, Moving out of the Dollar: The Roman Denarius, the American Dollar and the Return of Silver?
Timothy Alexander Guzman, Silent Crow News – If the US dollar collapses, it will have a dramatic impact on the world economy because the dollar is the standard unit of currency for commodity markets, especially gold and oil. The U.S. dollar is still the world’s reserve currency, but the reality is that it can lead the world into an economic depression. Nations…
10 Things You Didn’t Know About Gold
Tyler Durden, Zero Hedge – With gold and silver down this morning – following a mysterious vertical plunge last night (once again) – we thought ConvergEx’s Nick Colas’ timely discussion of gold was worthwhile. As he notes, Gold is the ultimate personality test for investors. Some hate it, excoriating its adherents for their lack of faith in human ingenuity –…
The Wolves are at it again! Goldman Sachs Prey on America’s Social Security
Timothy Alexander Guzman, Silent Crow News – In a CBS interview on November 19th 2012 with Goldman Sachs CEO and Chairman Lloyd Blankfein recently said that retirees who are expecting entitlements such as social security will not receive any payments because the US government cannot afford them. The American people should be prepared for what President Obama and his Goldman…