- It’s Official: Gold Is Now The Most Hated Asset Class (ZeroHedge, May 18, 2013)
As a side note (just to warn you about ‘Transcendental Meditation’):
Stuart Wilde is also a ‘Transcendental Meditation’ practitioner:
God Rot Our King by Stuart Wilde
YouTube Added: 28.03.2013
- In Loving Memory of Stuart Wilde (Stuart Wilde’s Website, May 10, 2013):
World Renowned Author & Metaphysical Teacher Stuart Wilde Dies, Age 66
Friends & Family sadly announce the passing of globally respected Author & Metaphysical Teacher Stuart Wilde. Wilde suffered a fatal heart attack on a scenic drive through Ireland on Wednesday May 1st, 2013.
As Author of over 20 books (translated into 27 languages and selling millions of copies) on Spirituality & Personal Development, Wilde was considered by many to be one of the greatest metaphysicians that ever lived. Many famous New Age, New Thought writers & teachers privately studied with him including Deepak Chopra & Dr. Wayne Dyer.
“Stuart’s sudden departure from the physical realm was very shocking and millions of hearts worldwide will be weeping with despair over the loss of a great teacher, a great man, and a great friend. He touched the lives of so many people, and he will be greatly missed.” said Stuart Wilde spokesman Tom Lishman
- From Petrodollar To Petrogold: The US Is Now Trying To Cut Off Iran’s Access To Gold (ZeroHedge, May 16, 2013):
The US is moving to broaden its ‘blockade’ efforts of Iran to the movement of pure gold into the Islamic Republic. The US-led embargo of Iranian crude succeeded in slowing the flow of petrodollars into the nation but as Foreign Affairs committee chairman Edward Cohen remarked, there is “no question that there is gold going from Turkey to Iran.” While the official line from US elite such as Bernanke remains that ‘gold is not money’ it appears that increasingly other nations would disagree, as Cohen admitted, “in large measure what we’re seeing is private Iranian citizens buying gold as a protection against the falling value of Iran’s currency.” It would seem somewhat self-evident that the US is admitting, by attempting to embargo this gold flow, that outside the US, the Dollar is becoming increasingly irrelevant (see China’s gold demand); and that for many countries the petrodollar no longer exists, having been replaced by ‘Petrogold’.
With Iran’s currency already hit hard by European and Asian participation in the U.S.-led embargo of Iranian crude, Mr. Cohen asserted that his staff is broadening its efforts to include blocking the movement of pure gold into the Islamic republic.
“I can assure you that we are looking very, very carefully at any evidence that anyone outside Iran is selling gold to Iran,” he said.
- How A Criminal Syndicate Of Banks Is Raping The Gold Market (King World News, May 15, 2013):
So this is a great business for the bankster banks. The same people who rigged LIBOR, I’m telling you are very obviously rigging the gold market. It’s so obvious that only the mainstream media would not be able to figure this out.”
Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.
- Gangster State America — Paul Craig Roberts (Paul Craig Roberts, May 13, 2013):
There are many signs of gangster state America. One is the collusion between federal authorities and banksters in a criminal conspiracy to rig the markets for gold and silver.
My explanation that the sudden appearance of an unprecedented 400 ton short sale of gold on the COMEX in April was a manipulation designed to protect the dollar from the Federal Reserve’s quantitative easing policy has found acceptance among gold investors and hedge fund managers.
The sale was a naked short. The seller had no gold to sell. COMEX reported having gold only equal to about half of the short sale in its vaults, and not all of that was available for delivery. No one but the Federal Reserve could have placed such an order, and the order came from one of the Fed’s bullion banks, one of the entities “too big to fail.”
Bill Kaye of the Greater Asian Hedge Fund in Hong Kong and Dave Kranzler of Golden Returns Capital have filled in the details of how the manipulation worked. Being sophisticated investors of many years of experience, both Kaye and Kranzler understand that the financial press runs with the authorized story planted to serve the agenda that has been put into play.
- Why Has $1 Billion in Gold been Shipped from New York to South Africa? (Liberty Blitzkrieg, May 14, 2013):
In what may be the strangest story I have seen in a while related to the gold market, it appears $982 million worth of gold has left JFK international airport in New York to some undisclosed location in South Africa. While it remains unclear what purpose this gold serves, it seems the most likely explanation is to fulfill demand for Krugerrands (South Africa’s popular gold bullion coin) to meet elevated demand in the face of constricted mine production. This story is timely coming on the heels of the article I posted yesterday about how Dubai’s gold demand is running at 10x normal levels. This is a bizarre story, so if anyone has further color I’d love to hear it.
Examining US trade data, we were surprised to see that South Africa’s $402 million trade surplus with the United States in January had turned into a $689 million deficit by March. Why?
It turns out the $1.1 billion swing is entirely due to unusual shipments of gold from the US to South Africa in February and March. So far this year, 20,013 kg of unwrought gold, worth $982 million, has left John F. Kennedy International Airport (JFK), in New York, for somewhere in South Africa, according to the US Census Bureau’s foreign trade division. (Unwrought gold includes bars created from scrap as well as cast bars, but not bullion, jewelry, powder, or currency.)
- Gold Drops Below $1400 (ZeroHedge, May 15, 2015):
After retracing 61.8% of the gold crash, spot gold prices have fallen back and are now trading back under $1400 for the first time in four weeks. It would seem more time is perhaps needed to enable the gathering of physical gold to fufill Germany’s demands… (and cue, the death of gold headlines) So, in summary, we have had a notable increase in tapering discussions – Treasury yields have surged, the USD has surged, Gold has dropped, and credit has widened – all reflecting lower liquidity flow expectations; but stocks just keep going…
- New Information Shows Gold Demand in Dubai is Now Running at 10x Normal Levels (Liberty Blitzkrieg, May 13, 2013):
The disconnect between the massive physical buying of gold versus the falling paper derivatives price has now become nothing short of extraordinary. While we have all seen the figures describing the gold buying frenzy in China and India, now we have some more detailed information about what is happening on the ground in Dubai. Incredibly, we find that since the April paper price crash, 50 tons of gold has been purchased, which is the equivalent of the entire amount of 51.8 tons purchased in all of 2012.
One of the most comprehensive looks at the massive physical versus paper disconnect I have read is courtesy of Goldbroker.com, a company that specializes in physical bullion stored in Switzerland. I suggest checking out their latest Gold Market Report.
Now from Emirates 24/7 we find that: Continue reading »