Oct 30

alan-greenspan

- Alan Greenspan: QE Failed To Help The Economy, The Unwind Will Be Painful, “Buy Gold” (ZeroHedge, Oct 29, 2014):

It appears it is time for some Hillary-Clinton-esque backtracking and Liesman-esque translation of just what the former Federal Reserve Chief really meant. As The Wall Street Journal reports, the Fed chief from 1987 to 2006 says the Fed’s bond-buying program fell short of its goals, and had a lot more to add.

Mr. Greenspan’s comments to the Council on Foreign Relations came as Fed officials were meeting in Washington, D.C., and expected to announce within hours an end to the bond purchases.

He said the bond-buying program was ultimately a mixed bag. He said that the purchases of Treasury and mortgage-backed securities did help lift asset prices and lower borrowing costs. But it didn’t do much for the real economy.

“Effective demand is dead in the water” and the effort to boost it via bond buying “has not worked,” said Mr. Greenspan. Boosting asset prices, however, has been “a terrific success.” Continue reading »

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Oct 30

- Things That Make You Go Hmmm… (Mauldin Economics, Oct 27, 2014):

About 18 months ago, I had a very pleasant chat with a gentleman by the name of Luzi Stamm.

You may detect some measure of surprise in my words, and the reason for that is quite simple: Luzi Stamm is a politician; and, as regular readers will know, I am no fan of that particular class.

But Herr Stamm was different.

An MP representing the Swiss People’s Party, Stamm was spearheading a federal popular initiative which needed 100,000 signatures in order to comply with the Swiss parliamentary system’s rigid framework regarding referendums. (OK all you “referenda” people out there, I know, OK? But I’m going with “referendums,” so pipe down). Continue reading »

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Oct 29

- Fireworks Fly As Peter Schiff Warns “An Economy That Lives By QE, Dies By QE” (ZeroHedge, Oct 28, 2014):

Ahead of tomorrow’s decision by the FOMC, Peter Schiff ventured on to CNBC to discuss the economy, the fed, and gold… among other things. Schiff rightly fears that while the Fed may well stop QE3 tomorrow, QE4 will not be too long behind it as he notes, rather eloquently, that “an economy that lives by QE, will die by QE” as the Fed’s total lack of willingness to allow stocks to fall (see Bullard 2 weeks ago) or a ‘cleansing’ recession leaves the nation’s economy in far worse shape than it was before the Fed’s intervention. Schiff calmly replies to the anchor’s questions (as she proclaims “I am not on the side of the Fed but…”), gently explains his view on gold when challenged about his ‘wrongness’, but when a guest starts hounding him for being dangerous to CNBC viewers wealth… Schiff (rightly) loses it – must watch!

A well reasoned discussion of the Fed’s manipulation of markets and mal-investment hangovers is well worth the price of admission… but at around 6:35 when Scott Nations unleashes his tirade on Schiff, the fireworks start to fly… and Schiff (while being shouted over) reminds guests, anchors, and viewers alike “Go to YouTube, I am wrong a lot less often than most people on this program… and all you do is hassle me”  that he was among the very few appearing on CNBC before the crash who foresaw it and the cataclysmic shift that has occurred (no matter what the perception of short-term memory traders)…“Think of all the bulls you paraded out here when Nasdaq was 5,000″

Absolute must watch…

We can’t help but feel the timing of this tirade against Schiff is spookily prophetic and will be in its own YouTube class in a few years…

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Oct 28

Golden Chart Porn

Triple Bottom  –  Consecutive Higher Lows  –   Potential Reversal Pattern

Source

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Oct 28

- The Monetized New Millennium (StealthFlation, Oct 4, 2014):

New Monetized Millennium Facts Jack:

  • US real median family income has declined to the level of twenty years ago.
  • Labor participation rate has dropped to a 36 year low.
  • Total U.S. household debt, currently over $10 trillion, nearly tripled during the new millennium.
  • U.S. debt to GDP ratio up over 100% since we entered the new monetized millennium.
  • Anemic to flat-line average Real GDP growth throughout the new monetized millennium.
  • As for the new millennium inflation results, take a peak at the chart below, it will blow your mind.

inflation Continue reading »

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Oct 25

- Fastest Pace Of Withdrawals From JPM’s Gold Vault In Over A Year (ZeroHedge, Oct 24, 2014):

While JPM’s eligible gold holdings are nowhere near the record lows hit in the summer of 2013, when they dropped to a tiny 46K ounces, sparking concerns of a potential deliverable default, yesterday according to the daily CME gold depository report, JPM saw a whopping 321,500 ounces, or about 10 tons of gold, withdrawn. This was the biggest outflow since the August 5 rebalance when nearly 1.5 million ounces were withdrawn and added, and was the biggest, and is tied with two identical 321,500 oz outflows recorded in early January. As of yesterday, JPM’s eligible gold tumbled by 40% in one day, declining to 485.K ounces from over 800K the day before: the lowest eligible gold inventory since almost exactly a year ago.

Eligible Gold JPM Oct 2014

What is perhaps more notable, is that the recent outflows of eligible golds are taking place at the same time as there has been a significant reduction in the NAV/gold holdings of the GLD ETF. A question thus arises once again: where is the gold being withdrawn to and who is doing these not insubstantial withdrawals. Continue reading »

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Oct 23

Putin-Gold

India Gold Demand Surges 450% and Bank of Russia Demand At 15 Year High (Goldcore, Oct 22, 2014):

Demand for gold continues to be robust and has indeed increased significantly in recent weeks despite gold’s most recent paper driven gold weakness.

Demand in China and India surged again and gold reserve diversification by the central bank of Russia hit a new record high in September as geopolitical tensions rose.

russia-central-bank-gold-reserves

The seemingly insatiable appetite of the growing Indian middle class for gold is causing the government in India to again consider imposing sanctions on the importing of gold.  Continue reading »

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Oct 14

Chairman of the Shanghai Gold Exchange (SGE) Xu Luode

- Shanghai Exchange Chairman Admits China Gold Demand Topped 2000 Tonnes In 2013 (ZeroHedge, Oct 13, 2014):

After all evidence presented, the amount of Chinese non-government gold demand in 2013. At the LBMA forum in Singapore June 25, 2014, one of the keynote speakers was chairman of the Shanghai Gold Exchange (SGE) Xu Luode. In his speech he made a few very candid statements about Chinese consumer gold demandthat according to Xu reached 2,000 tonnes in 2013. In contrast to the Word Gold Council (WGC) that states Chinese gold demand was 1,066 tonnes in 2013. Xu’s speech has now finally been translated and published in the LBMA magazine The Alchemist #75.

Xu’s statements once again confirm what I have been writing for months. SGE withdrawals equal Chinese wholesale demand: Continue reading »

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Oct 09

And yes, TPTB are testing who is exposing them and is standing up to them.

FYI.



06.10.2014

Description:

V, the Guerrilla Economist, walks us through the labyrinth of the current economic crisis – yes, there is one, and gives us possible dominoes that might fall first, an event or series of events that will ultimately bring down the U.S. Dollar.The Guerrilla Economist, who has a proven near perfect accuracy rate, is the founder and operator of his website, Rogue Money at www.RogueMoney.net. We’ll explore the proxy war going on between Russia (and China) versus the United States, and how this proxy war is laying the groundwork for a potential shooting war, or WW III. Sound ominous? It is, more than most people realize. The Guerrilla Economist will also discuss the Silver and Gold manipulation, and where both metals are expected to be trading in the next 3, 6, 12 and 18 months. Also, Mike Rosecliff will be interviewed with the Guerrilla.

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Oct 08

Flashback:

- The Battle Is Almost Over: Destroying Libya To Steal 144 Tons Of Gold


ISIS-Gold


Oct 7, 2014

Description:

Read the FREE INFOGRAPHIC here ➜ http://goo.gl/xQhgN1

Below are extra links of research related to the BIGGEST GOLD ROBBERIES ever… Continue reading »

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Oct 03


30.06.2014

Sorry for the drama, just trying to do right by our listeners.. Here’s the original interview with a short caveat. The interview begins at 6:05.

Karen Hudes, the Acting General Counsel of the World Bank joins us to discuss the impending collapse of the international criminal banking cartel which Karen says is “imminent”. We discuss the worldwide BOND FRAUD, the 9/11 false flag event, and the fact that Karen says China isn’t bankrupting the FED, we are. The American people and a U.S. DEBT-FREE currency will rise from the ashes after the FEDERAL RESERVE and the FEDERAL RESERVE NOTE collapse – and that day is right around the corner.

Karen’s site:
http://kahudes.net/

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Sep 27


Sep 26, 2014

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Sep 25

- With 50 Tonnes Of Gold Smuggled In 10 Days, India’s Physical Gold Premiums Set To Double (ZeroHedge, Sep 25, 2014):

As the price of precious metals that is eschewed daily by status-quo-hugging talking-heads on business media as indicative of the days of hard money being over continues to come under ‘pressure’, demand for physical gold remains extremely high. With India’s festive season about to begin, The Hindustan Times reports a massive surge in gold smuggling in the last 10 days as heavy demand for gold during Dussehra (for which booking and supply starts today when Navratri begins) has dragged 50 tonnes of gold across the borders to avoid the government’s capital controls. As Bloomberg adds, physical gold premiums may double by the end of October. Continue reading »

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Sep 24

china-shanghai-gold-exchange

- China Moves To Dominate Gold Market With Physical Exchange (ZeroHedge, Sep 23, 2014):

China is slowly moving to dominate the global gold market and it is important to join the dots regarding a few key recent developments in China relating to gold.

When the International Board of the Shanghai Gold Exchange (SGE) was launched last Thursday September 18 during an evening trading session, it was notable that the first transactions were put through by a diverse group comprising HSBC, MKS (Switzerland), and the Chinese banks,  ICBC, Bank of China and Bank of Communications.

MKS is the Geneva headquartered precious metals trading group that also owns the large PAMP refinery company in Switzerland.  Continue reading »

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Sep 23


Jun 10, 2014

See also:


Sep 24, 2013

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Sep 22

Putin-Gold

- This Is Why China Russia & China Are Now “The Enemy” (The Burning Platform, Sep 20, 2014):

The suppression of gold prices is essential at all costs to the Anglo-American banking interests. The saber rattling and attempts to lure Russia and China into military conflict are about who controls the financial world.

Russia and China keep accumulating the eternal currency – gold.

russia-gold

China-Gold

The American Empire and their EU disciples continue to accumulate debt and print fiat currencies. Has fiat paper ever won out over gold in the long-run? Change is coming. Revolution is in the air.

You can sense the desperation of the ruling oligarchs. Their fiat world is beginning to crumble. But they will not go without a bloody fight.

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Sep 22

- The Big Picture For Gold And Silver (ZeroHedge, Sep 20, 2014):

With precious metals back at 4-year lows against a backdrop of gold migration from west to east, paper vs physical divergences, ‘disappearing’ Comex positions, dark pools in London, collateral grabs, and massive monetary policy extremist actions; we thought the following two presentations worth considering. Tocqueville’s John Hathaway delves into the darker corners of today’s gold markets while Mike Maloney reminds us of the big picture behind gold and silver as wealth insurance. The failure of a monetary system is never a smooth road – it is rocky and undulating, with twists and turns that don’t appear on any map. But the destination is always without question, despite suppression efforts: Gold will inevitably respond to an expanding fiat currency supply. That simple. Continue reading »

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Sep 22

gold-bar

- Meanwhile, Here’s What The “Super-Rich” Are Rushing To Buy (ZeroHedge, Sep 20, 2014):

If you said shares of BABA, you’d be wrong. According to the Telegraph, the exodus out of paper wealth and into hard assets is reaching a fever pitch as the “super-rich are looking to protect their wealth through buying record numbers of “Italian job” style gold bars, according to bullion experts.”

The numbers cited by the paper are impressive: the number of 12.5kg gold bars being bought by wealthy customers has increased 243% so far this year, when compared to the same period last year, said Rob Halliday-Stein founder of BullionByPost. “These gold bars are usually stored in the vaults of central banks and are the same ones you see in the film ‘The Italian Job’,” added David Cousins, bullion executive from London based ATS Bullion.

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Sep 19

gold-bars-737

- The Dow And S&P 500 Soar To Irrational Heights While The Ultra-Wealthy Rush To Buy Gold Bars (Economic Collapse, Sep 18, 2014):

Did you know that the number of gold bars being purchased by ultra-wealthy individuals has increased by 243 percent so far this year?  If stocks are just going to keep soaring, why are they doing this?  On Thursday, the Dow Jones industrial average and the S&P 500 both closed at record highs once again.  It is a party that never seems to end, and there are a lot of really happy people on Wall Street these days.  But those that are discerning realize that we witnessed the exact same kind of bubble behavior during the dotcom boom and during the run up to the last financial crash in 2007.  The irrational exuberance that we are witnessing right now cannot go on forever.  And the bigger that this bubble gets, the more painful that it is going to be when it finally bursts.  Those that get out at the peaks of the market are the ones that usually end up making lots of money.  Those that ride stocks all the way up and all the way down are the ones that usually end up getting totally wiped out. Continue reading »

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Sep 18

- Gold Tumbles To 2014 Lows As China Unveils Anti-Rigging Benchmark (ZeroHedge, Sep 18, 2014):

With a Fed hinting at exit strategies, gold has tumbled to 2014 lows (and almost in the red year-to-date) as traders apparently forget Japan, China, and European central banks continue to (or are set to) print more money into the global reflation trade. It appears that as the West continues to sell ‘paper’ gold, the East remains enamnored as the PBOC announced this morning:

  • *CHINA TO FORM SHANGHAI GOLD BENCHMARK, PBOC GOVERNOR SAYS
  • *PBOC CHIEF ZHOU: GOLD MARKET IMPORTANT PART OF FINANCIAL MARKET
  • *SHANGHAI GOLD MARKET HAS TO AVOID SYSTEMIC RISK: PBOC’S ZHOU

Furthermore, traders have noted physical buying interest continues in the Asian region as premiums rise in China and India.

As Bloomberg reports, PBOC’s Zhou says Chinese gold market is crucial: Continue reading »

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Sep 16

ron-paul-weekly

- Will The Swiss Vote to Get Their Gold Back? (Ron Paul Sep 14, 2014):

On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank (SNB) from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold make up at least 20 percent of the SNB’s assets. Arising from popular sentiment similar to movements in the United States, Germany, and the Netherlands, this referendum is an attempt to bring more oversight and accountability to the SNB, Switzerland’s central bank. Continue reading »

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Sep 15

- Why The Rigging Of The Gold Market Matters (Zerohedge, Sep 14, 2014):

In a radio interview recently I was asked a question to which I could not easily give a satisfactory reply: if the gold market is rigged, why does it matter? Continue reading »

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Sep 13

Tungsten-gold-bar-3

How To Test For Fake Gold And Silver(ZeroHedge, Sep 11, 2014):

Many precious metals investors like the idea of physical bullion because, unlike paper money, it is difficult to counterfeit. That said, when there is a will, there is a way. In recent years, there have been extremely concerning cases of gold counterfeit, and investors that are not fully prepared can get duped. That’s why we worked with our friends at Silver.com to put together this handy infographic list of ways to test for fake gold or silver.

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Sep 09

Physical gold and silver (stored outside the banking system!) will protect your financial assets.

Even more important will be water, food, …, etc.


- On The Brink Of A Major Crisis: “This Will Be A Literal Collapse of the Entire Global Monetary System” (SHFTplan, Sep 6, 2014):

Discussions of the possible collapse of the U.S. dollar often center around how such an event will affect the domestic economy. But the dollar doesn’t just operate inside of a bubble. It is the world’s reserve currency for a reason. Some sixty-six countries world-wide either utilize it as their primary currency or peg their own currencies to its exchange rate. What this means, as noted by Future Money Trends in the micro documentary below, is that if and when the dollar does come under attack the fallout will be everywhere. The collapse will happen simultaneously and affect billions of people worldwide.

This is 33% of the nations of the world all submitting their currency sovereignty to the US Federal Reserve.

If and when the U.S. loses its currency status this will be a literal collapse of the entire global monetary system… A system that is built on lies, fraud and theft.


(Watch at Youtube)

As you might have guessed, when the game is finally up it will wreak havoc across global economies, financial markets and monetary systems. Should that ever happen, those who have failed to exchange their fiat currencies for physical goods of some sort are going to have a rude awakening. Continue reading »

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Sep 04

From the article:

“At the beginning of this century Canada held 46.19 tonnes of gold. Now they hold only 2.99 tonnes. That’s a whopping 93.5% decline in gold reserves in just over a decade!”


canada_smushed

- Presenting The Worst-Capitalized Central Bank In The West (Hint: Not The Fed) (Sovereign Man, Sep 2, 2014):

As the world’s top central bankers gathered at their annual jamboree recently, the governor of Bank of Canada, Stephen Poloz, undoubtedly received envious comments from his fellow money magicians for Canada’s perceived status as a global financial safe haven.

This newly found perception was perhaps best exemplified during a Bloomberg interview, when the CEO of RBC Wealth Management – the biggest financial institution in Canada said that “Canada is what Switzerland was 20 years ago, and the banks in Canada are what Swiss banks were 20 years ago.” Continue reading »

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Sep 02

Commentary:

‘Bilderberg Merkel’ is only another elite puppet, like Bilderberg puppets Schmidt, Kohl and Schröder before her.

angela-merkel

Germany cannot do anything on its own. The problem is that under the ‘Geheime Staatsvertrag’ (= secret treaty) as reported by the former German MAD (= Militärischer Abschirmdienst = Military Counterintelligence Service) chief Gerd-Helmut Komossa all German media and the chancellor itself  are under control by the allied forces (US, UK, France) until 2099.

die-deutsche-karte

The ‘Geheime Staatsvertrag’ also regulates that the German gold reserves stay exactly where they are (as collateral).

Here is an …

Internal BND (Bundesnachrichtendient) document only for ministers (“NUR Für Minister”)

T O P   S E C R E T ( Strengste Vertraulichkeit)

It states that copy No.4 of the ‘Geheime Staatsvertrag’ has been lost and also describes in detail what it has been all about.

The document further states that if copy No. 4 of the ‘Geheime Staatsvertrag’ gets into the wrong hand its authenticity should be denied.

geheimerstaatsvertragkopie4teil_1

geheimerstaatsvertragkopie4teil_2

Also there is a quote by Egon Bahr, minister from 1972 bis 1976 under Chancellor Willy Brandt, stating that Brandt had to sign 3 letters for the ambassadors of the US, the UK and France.

Brandt was reportedly disgusted by having to sign this ‘Unterwerfungsbrief’ (letter of subjugation), but was told that Konrad Adenauer, Ludwig Erhard and Kurt Georg Kiesinger had to sign these letters as well.



Sep 1, 2014

Dr. Jim Willie joins me to present some important recent developments that bode ill for the dollar as Germany / France and other former allies and partners of the US are now aligning themselves with Russia / China and the BRICS bloc.

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Sep 01

- Liberals’ darling Elizabeth Warren defends Israeli attacks on Gaza schools and hospitals (RT,, Aug 29, 2014):

Israel has the right to shell Palestinian hospitals and schools out of self defense as long as Hamas stores rocket launchers next to them, US Sen. Elizabeth Warren said during a town hall meeting in Massachusetts this week.

Warren, darling du jour of American liberals, defended her vote to send more defense funding to Israel in the middle of its recent fierce offensive on Gaza, saying she believes civilian casualties are the “last thing Israel wants,” according to the Cape Cod Times.

“But when Hamas puts its rocket launchers next to hospitals, next to schools, they’re using their civilian population to protect their military assets. And I believe Israel has a right, at that point, to defend itself,” she said.

Gaza - Remember This Image In November

Israel and Palestinian authorities reached a long-term ceasefire agreement this week after Israel started its campaign in Gaza on July 8. The death toll from the Gaza conflict has reached at least 2,120 people, of which 577 are children, according to the Palestinian Health Ministry. Continue reading »

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Aug 31

… as planned by TPTB.


marc-faber1

From the article:

“We find ourselves with the same anti-free market interventionist types who set up the Federal Reserve, the US Treasury and the US government running foreign policy in America and then go and intervene in the affairs of Libya, Syria, Egypt, Iraq or Afghanistan. And as can be expected, they mess up just about everything. I think the whole region will blow up and financial markets are not paying sufficient attention to this.”

- Marc Faber Slams US Intervention In Middle East, Warns “Whole Region Will Blow Up” (ZeroHedge, Aug 30, 2014): 

Excerpted from Global Gold interview with Marc Faber,

Let’s talk about the ongoing power shift from the West to the East.

Well, basically, everything is connected and interrelated. We had a colonial system until the end of the Second World War, followed by the rise of individual countries. And over the last twenty-five to thirty years what we had was the rise of China with 1.3 billion people. Because of China’s rapid growth and resource dependence (iron ore, copper from Australia, Brazil and Africa, and oil principally from the Middle East), the Chinese have obviously become a very important economic force. Continue reading »

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Aug 22

You know it’s bad when …


- Former Mafia Boss Who Did a Lot of Business with Wall Street: Buy Physical Gold and Silver, Because Wall Street Steals Your Money (Washington’s Blog, Aug 21, 2014):

Crime Boss: Wall Street Has No Ethics

The Colombo crime family’s former boss – Michael Franzese – says even he doesn’t trust Wall Street.

Franzese – played by Joseph Bono in the 1990 Martin Scorsese movie “GoodFellas” – spent 10 years in prison after he was convicted on federal racketeering charges.

When he was 35, Franzese ranked No. 8 on Fortune Magazine’s list of the 50 most wealthy and powerful mafia bosses (44 of those on the list are now dead, and three are doing life in prison without parole). He reportedly raked in up to $8 million a week.  Franzese is the only surviving high-ranking member of a major crime family to publicly walk away and refuse protective custody. Continue reading »

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Aug 15

Gold-gold-GOLD

- Gold Not A Safe Haven? Tell That to Folk in Ukraine, Gaza, Syria and Iraq (ZeroHedge, Aug 14, 2014)

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