JP Morgan Bullish on Gold

Investors Have $102 Billion Bet on Gold, Silver Gains
By Nicholas Larkin and Pham-Duy Nguyen
Feb. 7 (Bloomberg) -- After the worst January for precious metals in two decades, investors still have a $102 billion bet on higher prices, hoarding more gold than all but four central banks and more silver than the U.S. can mine in almost 12 years.

The Underwater Mortgage

A new report from Zillow reveals that 15.7 million single-family homeowners are currently underwater on their mortgages. Amber Dakar provides some steps that you can take if you are one of the people who finds themselves underwater in their mortgage.

Gold and Silver are the only sound money there is

James Turk, founder of GoldMoney and director of the GoldMoney Foundation, interviews Alasdair Mcleod of http://financeandeconomics.org. Alasdair who is very bearish on paper currencies calls gold and silver as the only sound money out there. Alasdair Mcleod speaks about the COMEX as well as and the huge short positions taken by central banks and bullion banks. Alasdair explains why he started his blog almost 2 years ago. His aim is to inform educated people about finance and economics, with an angle towards sound money. During the interview he looks back on his active career in the UK and how he acquired the knowledge he has.View the full 15-minutes interview at: http://goldmoney.com/macleod-turk.

Alasdair Macleod, and James Turk, Director of the GoldMoney Foundation, discuss the collapse of the Slater Walker bank in 1975 in the UK and the preceding boom-bust period. There are clear comparisons to today's dangerous situation, where governments try to control the situation with more money and credit.