InvestorMind

Speaking at the Casey Research Gold and Resource Summit, Rick Rule, founder of Global Resource Investments, gave investors his advice on how to make money in a volatile market. "In the next five years you are going to witness volatility in these markets like you may have never witnessed before. It's going to be your choice whether you use volatility or are used by volatility... You have to be psychologically and financially strong enough to stay the trade."

Eric Sprott speaks at the Casey Research/Sprott Summit When Money Dies.

Well, it is not just the CDS ban, the fact that Greece is now done is also a modest factor, but since nobody can short Greek default risk unhedged, the only option is to short the bonds. As they did today en masse. Greek 1 Year bonds: the most liquid proxy for default in the absence of 1 Year CDS, closed at 183%, after hitting an all time high of 188%, following yesterday's 173% close. To all those who bought 1 Year Greek bonds when yields hit 100% a month ago because "they just couldn't possibly drop any more, and you would double your money in one year guaranteed", condolences for the 50% loss. We are certain that a new batch of bottom callers will emerge, this time calling for doubling your money in six months.... Then three.. Then one and a half... etc... Until finally Zeno's paradox catches up and you either double your money overnight or you lose it all. Original source at Zerohedge .

Found this David Morgan interview with the biggest names in the precious metals industry. Eric Sprott, Bill Murphy, Rob Kirby, Bob Quartermain, Sean of SGTReport.com and James Anderson for Mike Maloney.

Europe’s banks face a $7 trillion lending contraction to bring their balance sheets in line with the US and Japan, threatening to trap the region in a credit crunch and chronic depression for a decade. The risk is "Japanisation" without the benefits of Japan: without a single government, or a trade super-surplus, or 1pc debt costs, or unique social cohesion. Even today, the jobless rate for youth is near 10pc in Japan. It is already 46pc in Spain, 43pc in Greece, 32pc in Ireland, and 27pc in Italy. We will discover over time what yet more debt deleveraging will do to these societies. Full article here .

In northeastern Pennsylvania, natural gas from shale rock promises clean, abundant energy for the U.S. and the world. But locals worry about the environmental and social costs.

It certainly seems as though the entire financial culture in America is changing. Once upon a time everyone wanted to know how to get rich. Now everyone wants to know how to survive the collapse that is coming. The statements that Robert Kiyosaki dicusses with Mike Maloney in this video are absolutely jaw-dropping. Once upon a time Robert was all about teaching people how they could get rich, but now he is talking about storing food, buying guns, investing in precious metals and preparing for the coming crash.

The first of a four-part investigation into a world of greed and recklessness that brought down the financial world. From Al Jazeera TV.

(Reuters) - Gold rose on Wednesday in tandem with riskier assets, as the dollar fell on hopes the euro zone debt crisis will be contained after Slovakian parties reached a deal on plans to boost the region's bailout fund. Bullion moved in tandem once more with U.S. stocks and industrial metals, gaining after Slovakian lawmakers said they would approve a plan to expand the powers and size of the European EFSF rescue fund. The precious metal has risen 2.5 percent in the past three sessions, lifted by optimism about a plan to tackle Europe's debilitating crisis, which prompted gold -- a traditional safe haven -- to move in sync with equities and commodities. "Investors are less concerned that what's going on in Europe will develop into some type of Lehman event," said Leo Larkin, metals equity analyst at S&P Capital IQ. "As long as people are confident that gold is not going to be sold off in panic, it can continue to go higher." Spot gold was

The world is about to peak in global silver production. This will not occur due to a lack of silverto mine, but rather as a result of the peaking of world energy resources, declining ore grades,and a falling Energy Returned On Invested –EROI. The information below will describe a futureworld that very few have forecasted and even less are prepared. This is an update to myprevious article Peak Silver and Mining by a Falling EROI.In my first article I stated that global silver production may peak in 2009 if we were to enter a worldwide depression. We did nothave the global depression as massive central bank printing and bailouts have thus farpostponed the inevitable. Peak Silver Revisited

Marc Faber says in the interview, "The US needs a Lee Kwan Yew who stands in front of the US and tells them, listen you lazy bugger, now you have to tighten your belts, you have to save more, work more for lower salaries and only through that will we get out of the current dilemma that essentially prevents the economy from growing." Watch.

This guy is awesome!

Honda Motor Co. President Takanobu Ito says the high yen makes it impossible for Japan to remain a major manufacturing center for automobiles. Ito offered his thoughts during an interview with The Asahi Shimbun. Excerpts follow: * * * Question: Can Honda continue to export automobiles, given the growing negative effects from foreign exchange losses brought about by a stronger yen? Ito: At current foreign exchange levels, that is out of the question. The situation is such that our executive in charge of the U.S. market said, "Sending automobiles from Japan will only add to our losses." (Honda) has a long history of setting up plants overseas as part of a move toward a system that promotes local production and local sales. However, the body blows we have taken as a result of the current stronger yen have made it clear that Japan can no longer be a global center in terms of a manufacturing and exporting base. Read the full article here .

Yesterday we advised readers that the US Mint sold 737,000 Silver Eagles during the 1st day of October! Sales slowed down slightly on Tuesday, but remained brisk enough to cap a 2 day sales total of over 1 Million ounces sold during the first two business days of October! At this pace the 2010 sales record of 34,662,500 ounces will be surpassed by....tomorrow. This is absolutely unprecedented physical investment demand for silver. If the current sales pace continues for US Mint silver products, look for the mint to soon again suspend all silver bullion production, even with the San Francisco Mint now online. Full story from Silverdoctors.com

Several readers of ArabianMoney have written to us over the past two weeks to express their astonishment at the current price of silver because demand where they live is so high that stocks have run out. Consider this comment: ‘I used to buy silver from a shop in Kobar in Saudi. From the last four weeks they said they ran out of silver. I cannot find anyone who sells silver in Saudi now. I asked them from where do they get their silver. They said the UAE. The problem is they only have 1kg bars…and I still cannot find any supplier.’ No stock Well don’t bother coming to the UAE. Our information is that the 1kg bars mentioned here and featured in a video on the website last month (click here) are all sold out too. We’ve also had feedback about low or no stock in Texas and Australia from big private bullion dealers there. Now what would normally happen when a commodity is in short supply is that the price would go up to encourage sellers to put some more into the market. That is pr

Morgan Stanley executives are battling a daily barrage of speculation and nay-saying to try to stem a sharp slide in the company's stock. It is a war that is being fought in large part in the shadows: against anonymous blogs and market whispers, but also against undefined fears about exposure to troubled European banks. While those worries are common to all the big Wall Street banks, Morgan Stanley, as the smallest, is perhaps the most vulnerable among them. In response, Morgan Stanley executives have been rallying employees and talking to the company's biggest shareholders. The campaign culminated late on Monday, with the Mitsubishi UFJ Financial Group, which owns approximately 22 percent of Morgan Stanley, publicly reaffirming its support for the company. The push may have helped on Tuesday. Shares of Morgan Stanley rose 12.4 percent, after falling nearly 29 percent since the beginning of September. Morgan and other banks were primarily buoyed on Tuesday by a suggestion

Trader Alessio Rastani goes on the BBC and says that Goldman Sachs rules the world. His interview pretty much got the BBC anchors speechless. Not exactly what they were hoping to hear. After the interview, a lot of people started saying he was a hoax (he is not) and started doing a background check on him showing that he's not rich and lives with his girlfriend who owns the house they live in. Because of his frankness, a lot of people are slamming his views pretty much calling him greedy bastard for not wanting the economy to recover.

Rumor has it that Germany is re-introducing the Deutschemark and have already started printing the new currency.