John Williams: Hyperinflation and Double-Dip Recession Ahead

Economic recovery? What economic recovery? Contrary to popular media reports, government economic reporting specialist and ShadowStats Editor John Williams reads between the government-economic-data lines. “The U.S. is really in the worst condition of any major economy or country in the world,” he says. In this exclusive interview with The Gold Report, John concludes . . . → Read More: John Williams: Hyperinflation and Double-Dip Recession Ahead

Silver debunking

Silver has been running hot and so has the misinformation. Some antidotes:

Sprott Begins Selling PSLV Shares Good detective work by Kid Dynamite on Sprott’s other funds selling their PSLV shares. My guess is that the funds sold their shares and then bought physical at spot, pocketing PSLV’s 17% premium

Comex Explains Large Adjustment . . . → Read More: Silver Debunking

Economic Events on May 3, 2011

The figures for motor vehicle sales in April will be released today.  The consensus estimate is that 9.9 million domestic autos were sold last month, which would be an increase of 200,000 from the previous month.

At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the . . . → Read More: Economic Events on May 3, 2011