Exxon Mobil Corporation (XOM): What’s Obama Think?

http://economicrisis.com/exxon-mobil-corporation-xom-whats-obama-think/7543 Exxon Mobil Corporation (XOM): What’s Obama Think? The great debate over natural gas exports has taken a very interesting turn. President Obama, in a speech last weekend, hinted that the U.S....

Chinese Gold Imports Soar To Monthly Record On Insatiable Demand

http://economicrisis.com/chinese-gold-imports-soar-to-monthly-record-on-insatiable-demand/7461 Chinese Gold Imports Soar To Monthly Record On Insatiable Demand In what must be an inexplicable move to momentum-chasers everywhere, as gold continued to decline in price in...

Gold Buying Goes Vertical

http://economicrisis.com/gold-buying-goes-vertical/7462 Gold Buying Goes Vertical As you may have heard, China’s gold purchases for 2013 got off to a slow start. After hitting a record high of 114 metric tons in December of 2012, gold imports dropped to 51 tons in...

India Aims to Restrict Gold Imports As China Breaks New Records

http://economicrisis.com/india-aims-to-restrict-gold-imports-as-china-breaks-new-records-2/7466 India Aims to Restrict Gold Imports As China Breaks New Records Gold rose $17.90 or 1.22% yesterday to $1,452.00/oz and silver finished down 0.29%. The Reserve Bank of...

This Is Stunning, I Haven’t Seen Anything Like This In 43 Years

http://economicrisis.com/this-is-stunning-i-havent-seen-anything-like-this-in-43-years/7456 This Is Stunning, I Haven’t Seen Anything Like This In 43 Years On the heels of enormous purchases of physical gold from China and continued volatility in global markets, today...

Are We On The Verge Of Witnessing The Death Of The Paper Gold Sca

http://economicrisis.com/are-we-on-the-verge-of-witnessing-the-death-of-the-paper-gold-scam/7448 Are We On The Verge Of Witnessing The Death Of The Paper Gold Scam? The legal claims on physical gold far exceed the amount of physical gold that the banks actually have by...

President Obama’s False Hopes for 2014

http://economicrisis.com/president-obamas-false-hopes-for-2014/7439 President Obama’s False Hopes for 2014 Thirty-one months ago Senate Minority Leader Mitch McConnell affronted the media and other custodians of propriety by saying something common-sensical. On Oct....

The Obamacare Nightmare Will Officially Start October 1

http://economicrisis.com/the-obamacare-nightmare-will-officially-start-october-1/7429 The Obamacare Nightmare Will Officially Start October 1 In less than five months, on Oct. 1, the Affordable Care Act‘s insurance exchanges will go live online. Millions of Americans...

Pentagon report prompts Obama to take tough stance on sex assault

http://economicrisis.com/pentagon-report-prompts-obama-to-take-tough-stance-on-sex-assault-cases-in-military-2/7402 Pentagon report prompts Obama to take tough stance on sex assault cases in military In the wake of a Pentagon report, which stated rise in sexual assault...

The Obama Administration’s Natural Gas Policy Is Tragically Misgu

http://economicrisis.com/the-obama-administrations-natural-gas-policy-is-tragically-misguided/7398 The Obama Administration’s Natural Gas Policy Is Tragically Misguided The Obama administration has come out in support of the idea of exporting U.S. natural gas. This...

Oil slips; weekly supplies up less than forecast

http://economicrisis.com/oil-slips-weekly-supplies-up-less-than-forecast/7231 Oil slips; weekly supplies up less than forecast Benchmark U.S. crude-oil prices edged lower Wednesday in electronic trade, as data that weekly U.S. oil supplies rose less than expected were...

Australia dollar up after China data; Kiwi slides

http://economicrisis.com/australia-dollar-up-after-china-data-kiwi-slides/7228 Australia dollar up after China data; Kiwi slides The Australian dollar AUDUSD +0.09%  rose as high as $1.0192 after China said it logged an $18.16 billion trade surplus in April....

Outcry After GOP Arizona Gov. Brewer Vetoes Gold and Silver

http://economicrisis.com/outcry-after-gop-arizona-gov-brewer-vetoes-gold-and-silver-bill/7290 Outcry After GOP Arizona Gov. Brewer Vetoes Gold and Silver Bills Despite overwhelming support among lawmakers and activists, Republican Gov. Jan Brewer vetoed legislation that...

Gold-Mining Margins 3

http://economicrisis.com/gold-mining-margins-3/7298 Gold-Mining Margins 3 Gold mining is a very tough business.  Not only is it highly capital-intensive and chock-full of environmental risks, its revenues are entirely at the mercy of a volatile commodity.  It...

China’s Gold Purchases From Hong Kong Expand to Record

http://economicrisis.com/chinas-gold-purchases-from-hong-kong-expand-to-record/7291 China’s Gold Purchases From Hong Kong Expand to Record Gold imports by China from Hong Kong more than doubled to an all-time high in March as buyers in the biggest consumer after India...