Financial News: Here’s the Biggest or Most Interesting Stories of Late

by Wes Bridel on September 28, 2011

in Economic Updates

The financial news is teeming with fascinating (if often disturbing) information. We’re bringing the top stories of the last month to you here in this post and one or two more to follow.  You can find a recent post of this type that we did here.  The articles that stood out over the last month are in the double digits, and I think it might be more interesting to bring them to you randomly rather than by topic so that in each post you get some different kind of information.

Financial News Articles:

1) FLASH: China knows about gold price suppression, and U.S. knows China knows – Apparently it’s no secret to China that the Western governments and bullion banks act to suppress metals prices as this story (originally revealed by Wikileaks) reveals.

2)  Explanation of the Importance of Gold in the Monetary System – This Porter Stansberry teaching explains why gold is so important as a check on the corrosive power of governments and why many of the things these governments (and bankers) tell us today about the gold standard are historically false.

3)  The Greatest Trade of All Time – We’ve had it all wrong!  The politicians and bankers leading the US are not the self indulgent imbeciles they might appear to be.  They’re brilliant!  They’re trading worthless green pieces of paper to all the world in exchange for real goods.  Why didn’t we think of this sooner!  No wonder they’ve put a turbocharger to the printing press.  Why only print a few worthless pieces of paper when you can print so many more for practically nothing and get real goods back…

4)  David Rosenberg’s 12 Bullet Points Confirming the Double Dip is Here – This is an excellent zerohedge synopsis of Rosenberg’s proof that the economy is heading south.  A great short read to help you get your bearings!

Watch the currently ongoing economic update video series for more broadly covered financial news of great importance at: 1)  Europe Economic Update 1, 2) Europe Economic Update 2, 3) Europe Crises Explained, 4) World Economic Update., & 5) US Economic Update.

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