WHAT IS A PONZI SCHEME?

Silver & Market Report Week of September 6 | Jack Mullen What is a Ponzi Scheme? According to Wikipedia: A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.[1] Named after Italian businessman Charles Ponzi, the scheme leads victims…

Silver and Gold Weekly Report

Silver and Gold Market Outlook for Week of August 22 | Jack Mullen Silver and gold prices are not determined by free market price discovery but are rather tightly controlled by the entities that control the credit and issuance of private Federal Reserve Notes, America’s currency since 1913. It’s important to keep this point in…