David Stockman Warns “Gold Is The Only Safe Asset Left” – “We Are Heading For A Thundering Collision In The Bond Market” (Video)

– David Stockman Warns “Gold Is The Only Safe Asset Left”:

Via Greg Hunter’s USA Watchdog blog,

Record high stock and bond prices are flashing danger signs to former Reagan White House Budget Director David Stockman.

Stockman contends,

I don’t think we are going to have a liquidity crisis.  I think it’s going to be a value reset.  I think there is going to be a jarring downward price adjustment both in the stock market and in the bond market.

 This phantom or phony wealth that has been created since the last crisis is going to basically evaporate.”

So, what asset is safe? Stockman says gold and goes onto explain,

Read more

WE NEED TO TALK ABOUT SILVER [& Andy Hoffman] (Video)

My view: HERE.


Bitcoin: The Greatest Story Ever Sold

Evidence points to Bitcoin being an NSA-engineered psyop to roll out one-world digital currency

EXPOSED: The real creator of Bitcoin is likely the NSA as One World Currency

If you are interested on what Mike Krieger & Andy Hoffman are thinking now, watch this:

Mike Krieger & Andy Hoffman: Bitcoin, Crypto Assets and Decentralization (Video)


* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

Ron Paul Says He Was “Surprised” His Followers Prefer Bitcoin To Gold

Ron Paul Says He Was “Surprised” His Followers Prefer Bitcoin To Gold:

Earlier this week, former Congressman Ron Paul posted a Twitter poll asking his followers to choose between four different assets for a long-term investment, with the stipulation that the bearer would need to keep their money locked up for ten years.

Paul admitted he was surprised when he saw that a majority of respondents – 54% – selected bitcoin over gold, dollars and a 10-year Treasury bond.

During an interview with the Street, a reporter asked Paul if he was surprised that his followers prefer bitcoin to gold.

Yea a little bit. I was a little bit – of course I wasn’t surprised that only 2% would store it in Federal Reserve notes, nor do they think they should buy Treasury bills. Gold has 36% but bitcoin has 54%…it’s the sort of information that tells me where my viewers are and what they’re thinking. Most of my viewers know how supportive I am of gold, and they know I’m tolerant of digital currencies.

Still, Paul believes cryptocurrencies are an interesting experiment and is generally supportive of their development and increasing popularity. But when asked for his thoughts on where bitcoin might be in ten years, he demurred.

Read more

Russia-China Real Gold Standard Means End Of US Dollar Dominance

Russia-China real gold standard means end of US dollar dominance:

The BRICS counties are considering starting an internal gold trading platform, according to Russian officials. When this happens, the global economy will be significantly reshaped, and the West will lose its dominance, predicts a precious metals expert.

In 2016, 24,338 tons of physical gold were traded, which was 43 percent more than in 2015, according to Claudio Grass, of Precious Metal Advisory Switzerland.

Gold moving from the West to the East

“We have to put the BRICS initiative into a broader context. It is just part of a geopolitical tectonic shift which started decades ago. We have seen a constant outflow of physical gold from the West to the East. At the same time, the West has lost the economic war, and as a consequence, the focus now turns to the financial system. China dominates the world economy and has displaced the US as the world’s most formidable economic powerhouse, he told RT.

The creation of a new gold standard by BRICS is also a step to end the US dollar’s domination of the global economy

Read more

Russia, China and BRICS Unveil A New Gold Trading Network

Russia, China and BRICS: A New Gold Trading Network:

One of the most notable events in Russia’s precious metals market calendar is the annual “Russian Bullion Market” conference. Formerly known as the Russian Bullion Awards, this conference, now in its 10th year, took place this year on Friday 24 November in Moscow. Among the speakers lined up, the most notable inclusion was probably Sergey Shvetsov, First Deputy Chairman of Russia’s central bank, the Bank of Russia.

In his speech, Shvetsov provided an update on an important development involving the Russian central bank in the worldwide gold market, and gave further insight into the continued importance of physical gold to the long term economic and strategic interests of the Russian Federation.

Read more

Russia Warns Washington: Confiscating Gold Reserves Would Be “Declaration Of Financial War”

Russia Warns Washington: Confiscating Gold Reserves Would Be “Declaration Of Financial War”:

In a surprising, and unexpected warning – which seemingly came out of nowhere – Russia’s Finance Minister Anton Siluanov cautioned Washington yesterday that “If our gold and currency reserves can be arrested, even if such a thought exists, it would be financial terrorism.”

The comment appears to have been prompted by consideration of escalating US/EU sanctions which could ultimately impact Russia’s offshore held gold and reserves. If sanctions include the freezing of foreign accounts of the central bank, it would be equal to declaring financial war on Russia, Siluanov said, although he added that he considers such a scenario unlikely (for now).

After making the point that Russia’s budget is prepared for the possibility of tougher US/EU sanctions, RT reports that Siluanov warned if the west include the seizure of Russia’s foreign exchange reserves, it would be regarded as a “declaration of a financial war.”

Read more

Texas to build its own massive gold repository in Leander, Texas… first step toward secession?

Texas to build its own massive gold repository in Leander, Texas… first step toward secession?:

Texas officials have officially announced the location of the Texas Bullion Depository, bringing the Lone Star State one step closer to making the facility fully operational. Once the Texas Bullion Depository is finished, it will represent a significant departure from the federal government, leading many to believe that this could be not only the end of the Federal Reserve’s monopoly on money, but also the first step towards secession.

In June of 2015, Texas Governor Greg Abbot signed legislation for the state gold bullion and precious metal depository. In addition to proving a secure place for people and businesses to store their gold and other precious metals, the depository will also allow people to use gold and silver in business transactions, meaning that they will be able to deport their precious metals in the depository and pay others either electronically or via a written check.

Read more

Money ‘tsunami’ may spur quadrupling of gold prices to over $5,000 – expert

Money ‘tsunami’ may spur quadrupling of gold prices to over $5,000 – expert:

A prolonged period of cheap money and the shift of investor focus to gold as a haven from geopolitical and financial risk could boost the price of the precious metal to over $5,000 an ounce in five years, McEwen Mining CEO Rob McEwen says.

If that happens, “there is going to be a tsunami of money looking for a place to go,” he told Bloomberg at a mining industry conference in San Francisco.

Read more

Gold Drops To Key Technical Support After $2 Billion Purge

Gold Drops To Key Technical Support After $2 Billion Purge:

After surging above its 50-day moving-average on Friday, it appears someone is keen for that key technical level not to hold as they dumped almost $2 billion notional in seconds this morning, testing down to the 50DMA (but holding for now).

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

100 Billion Reasons To Have Non-Reportable Assets

100 Billion Reasons To Have Non-Reportable Assets:

In early March 1938 in a dusty corner of the Arabian desert, Max Steineke finally had the breakthrough he was hoping for.

Steineke was the chief geologist for the California Arabian Standard Oil Company (CASOC), a venture owned by what we know today as Chevron.

And he hadn’t had a lot of success despite years of effort.

Steinke was convinced that massive oil reserves were beneath the sands. He just couldn’t find any.

Read more


H/t reader squodgy:

“Confusion for the common man.

eBay prices in UK for a Gold Sovereign, which weighs roughly a quarter of an ounce, are going at an average of £275, £25 up on one month ago.


Which, converted to dollars at 1.31, the actual selling price of solid gold metal is $1441 per ounce.

But the Gold Fixed Rothschild price for gold remains stuck at between $1250 and $1300.


There seems to be a real trading market in gold and silver bullion and coins, presumably because more and more people have more confidence in the real market price as against the knocked down, fixed Bankster nonsensical figures set twice daily by a group of Rothschild Banksters, regardless of supply and demand….the only true factors in economics.”

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

German Investors Now World’s Largest Gold Buyers

German Investors Now World’s Largest Gold Buyers:

– German gold demand surges from 17 ton-a-year to a 100 ton-plus per year
– €6.8 Bln spent on German gold investment products in 2016, more per person than India and China
– Germans turned to gold during financial crises and ongoing euro debasement

– Evidence of latent retail demand on increased economic concerns
– “Gold fulfils an important long-term, wealth preservation role in German investors’ portfolios”

H/t reader squodgy:

“Something else to add to the confusion.”

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP