Swiss America Trading Corporation

Angry White Male - An Explosive New Book

Gold last traded at $1,329 an ounce. Silver at $18.68 an ounce.

NEWS SUMMARY: Precious metal prices fell Wednesday after short-term speculators sold $1.5B in gold future contracts. U.S. stocks drifted lower again awaiting fresh direction from Fed speak on Friday.

Author Explains The Secret War on Cash -Wall Street Raw (LISTEN)
Author and Swiss America Chairman Craig R. Smith discusses his book Don't Bank On It! The Unsafe World of 21st Century Banking with Wall Street Raw host Mark Leibovit. According to Mr. Smith, most bank depositors are unaware of the new risks to them, which could include being presumed guilty of a crime simply by holding or withdrawing cash from your own bank account, which is detailed in his White Paper: The Secret War on Cash. Mr. Smith also answers Mark's questions about the prospects for the future of gold and the U.S. dollar in 2016 and over the longer term. "We have a currency war going on worldwide and it's a race to the bottom," says Craig. (listen to interview)

WAR book Angry White Male New Book Release-Wayne Allyn Root/Amazon
"The mainstream media and ultra-liberal Democrats can't understand why white voters, especially white men, are so angry. Wayne Allyn Root is an angry white male, and he knows why. This is his story, his testimony, and a look at what's happening to an entire group of good people: law-abiding, tax-paying, hard-working, middle-class people. Root has declared 2016 the year of the 'Angry White Male' - a demographic he calls 'the soccer moms of the 2016 election.' In this explosive new book, 'the Trump phenomenon' is seen through the eyes of the ultimate, angry white male who is determined to save the middle class. According to Root, 'What has been done to the predominantly white middle class in the past eight years is unimaginable and mind- numbing. You need to face the truth before you can act on it....That action starts with putting a plan in place to protect yourself and save our nation.'"

The central bank that cried wolf? Talk of higher U.S. interest rates is often just that -Marketwatch
"Two years ago, a prominent central banker suggested interest rates could rise 'sooner than you think' after an unprecedented five-year stretch of easy money. Earlier this week New York Federal Reserve President William Dudley issued a similar warning to financial markets.... The U.S. central bank is more likely than not to raise interest rates before the end of 2016, but the timing is still an open question. Dudley strongly implied a rate hike could come as soon as September....Yet the Fed has been on the cusp of rate hikes several times since 2013 - recall the famous taper tantrum - and it seemed on the verge of acting just last spring before backing off....A problem for the Fed, though, is that raising rates could strengthen the dollar at a time when most central banks are doing like the Bank of England and cutting them."

James Grant: "This Will Turn Out To Be Very Bad For Many People" -Zero Hedge
"From multi-billion bond buying programs to negative interest rates and probably soon helicopter money: Around the globe, central bankers are experimenting with ever more extreme measures to stimulate the sluggish economy. This will end in tears, believes James Grant. The sharp thinking editor of the iconic Wall Street newsletter Grant's Interest Rate Observer is one of the most ardent critics when it comes to super easy monetary policy. Highly proficient in financial history, Mr. Grant warns of today's reckless hunt for yield and spots one of the biggest risks in government debt. He's also scratching his head over the massive investments which the Swiss National Bank undertakes in the US stock market....According to Grant, 'Gold is money and money is sterile, as Aristotle would remind us. It does not pay dividends or earn income. So keep in mind that gold is not a conventional investment. That's why I don’t want to suggest that it is the one and only thing that people should have their money in. But to me, gold is a very timely way to invest in monetary disorder.'"

As usual, James Grant is spot on in his articulation of both the present "reckless" economic environment and the simplest solution; come to grips with the reality that gold is money. It's liquid worldwide, a proven store of value and the antidote to accelerating monetary disorder. Read our 2016 Gold Report - World Edition.

More: Swiss America Gold Market News

RMP RIGHT ON THE MONEY - Swiss America's 34th Anniversary issue of REAL MONEY PERSPECTIVES discusses how we can restore the American Dream, if we keep our eyes fixed on the prize, instead of upon the negative obstacles.

RIGHT ON THE MONEY covers: * 2016 Economic Outlook * We Have Seen The Future And It Looks Like Baltimore Executive Summary * Craig R. Smith Answers Seven Frequently Asked Questions * The Coming Stock Market Meltdown - Is It Here? * Gold's Rising Role in a Global Economy * Also included FREE: 'RIGHT ON THE MONEY' CD!

Latest Feature Commentary

Major Long-Term Reversal Triggered In Gold and U.S. Dollar
By James M. Carrillo - On March 31, the U.S. dollar triggered and re-established its long term bear market trend, signaling a major long term sell-off. In layman's terms; be prepared to potentially lose your buying power even more rapidly than you have over the last four decades. More...

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