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~ Quotables ~ "There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It's the system."~ Raymond Chandler, The Long Goodbye
Morgana’s Treasure Chest
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Author Archives: admin
If any pair of investors had the financial clout and lack of scruples required to engineer the bedlam of Black Friday, it was Jay Gould and Jim Fisk. As president and vice president of the Erie Railroad, the duo had … Continue reading
What was happening on this date in 1970? Gold was $37.52 an ounce; Silver at $1.73… Happy Anniversary Baby!
Darn! Just lost my BIGGEST customer… OFFICIALS found a stash of Thirteen tons of gold bars (worth £300million) and £30 billion in cash in the basement of an allegedly corrupt Chinese former mayor of Haikou City. 58-year-old Zhang Qi, allegedly … Continue reading
Gold / Silver Monday Climbing – Will It Hold? (One week old, but worth the read) As we noted earlier today the metals are climbing and presumably “building new floors” for gold and silver. We feel confident that silver will … Continue reading
EDITOR: WOW! Now THESE numbers make sense. ~ J.B. Below is a comment from youtube video on Mike Maloney’s latest video The World’s Biggest Gold Investors are on a Buying Spree SKIP AD Gold is $76 AUD a gram here … Continue reading
It is beginning to come apart… We have described, in the last several days, a fascinating trend that is developing: the dash for cash ahead of the next market crash.
Last week, Lim Chow Kiat, who runs some $440 billion for Singapore’s sovereign wealth fund, laid out his case for keeping powder dry. Before that, Chicago billionaire Sam Zell said his firm has never been this cash-heavy. Meanwhile, hedge-fund titan … Continue reading