Federal Reserve Can't Rescue Debt Debacle

Source: Washington Post, Neil Irwin (7/27/11)

"Could the Federal Reserve bail Congress and the Obama administration out of their standoff? No way, no how, says Bernanke."

Washington Post, Neil Irwin

bernanke

Could the Federal Reserve bail Congress and the Obama administration out of their standoff over the debt ceiling? No way, no how, according to recent testimony by the Fed chairman and people who study the central bank.

With the government about to run out of cash to pay its bills without an increase in the legal limit on how much debt it can issue, speculation has run rampant in financial and political circles that the Fed and its chairman, Ben S. Bernanke, could use their almost unlimited ability to print money to find a way out. . .View full article

Is a Commodities Super Cycle on the Way?
Source: Streetwise Reports (04/19/2024)

Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.

Idaho Gold Project Could Produce One-Third of Critical Antimony for US
Source: Streetwise Reports (04/18/2024)

Perpetua Resources Corp.'s Stibnite gold project in Idaho is also expected to provide as much as 35% of the United States annual demand for the critical metal antimony. Find out why analysts are recommending this developer.

Vancouver Explorer Sees 'District-Scale' Project in Colo.
Source: Streetwise Reports (04/18/2024)

Metallic Minerals Corp. announces that all four holes drilled at its Newmont-backed La Plata project in Colorado intersected porphyry-style mineralization from the surface and over their entire lengths.

Field Work Points to Copper Porphyry at Idaho Asset
Source: Streetwise Reports (04/18/2024)

To prove this out, the Canadian company plans additional exploratory work, to commence next month. Read on to learn more about this compelling project.

Gold Co. Sets New Drill Targets for Mexican Project
Source: Streetwise Reports (04/18/2024)

Centenario Gold Corp., fresh off the results of its maiden drilling program at its Eden gold-silver property in Mexico, is outlining new drill targets across the property. At the same time, prices for the precious metal are taking off.