Friday, September 22, 2017

Big Data Leaks Threaten The Western World

Max and Stacy discuss ‘big data’ making the case for crypto by allowing for single point of failure leaks of vital, private information. Max interviews James Howard Kunstler about the hot mess of US climate change policy and infrastructure spend.

- Source

Wednesday, September 20, 2017

Gold Shows Resilience After Upbeat Inflation Data

Despite the upbeat U.S. inflation data Thursday, Kitco’s Peter Hug points out that gold prices remain resilient. The U.S. Consumer Price Index rose 0.4% in August, higher than expected, which investors saw as more ammo for the Federal Reserve to raise interest rates this year. 

Gold prices fell to daily lows on the news but later moved higher, which to Hug is a positive sign. ‘I think traders bought the dip. You need to buy these dips,’ he said. ‘I’m still firm in my belief the Fed is not going to move in September.’

- Source, Kitco News

Monday, September 18, 2017

Rob Kirby: Silver is the Most Undervalued Asset in the World

Forensic macroeconomic analyst Rob Kirby says people should be looking to buy gold and silver for protection because it’s still relatively cheap compared to the exploding value of some crypto currencies. 

Kirby explains, “When you look at the price differential between silver and gold, you see an ounce of silver selling for around $18, and you see an ounce of gold going for $1,340, and that means you would need to sell 75 ounces of silver to buy one ounce of gold. The ratio in nature suggests you should be able to sell eight ounces of silver to buy one ounce of gold. This tells me one of those two prices is very wrong. 

Either silver is too cheap or gold is too expensive. I don’t think gold is too expensive because I think it’s undervalued too. That leads me to believe that silver is insanely priced and probably the most underpriced asset on the planet. 

I think silver will be going up in price much more than gold, even though gold is going to go up in price dramatically.”

Sunday, September 17, 2017

Bitcoin Is No Safe Haven, It's Risky Business Warns Jeff Christian

Bitcoin is a pet rock. Jeff Christian, managing director for New York based CPM Group did not mince words when it comes to the cryptocurrency. 

'Bitcoin is the ultimate pet rock,’ he told Kitco News Friday. ‘I think it’s just a gigantic speculative play, it has no tangible asset behind it. It’s a scandal waiting to happen.’ 

The longtime precious metals expert says he prefers gold because it is a more ‘legitimate’ asset class. ‘What you are seeing is speculative players buying bitcoin,’ he said. ‘Just because you make money on it doesn’t mean it’s a legitimate activity.’

- Source, Kitco News

Saturday, September 16, 2017

Keiser Report: RIP, Petrodollar?Keiser Report: RIP, Petrodollar?

In this episode of the Keiser Report, Max and Stacy ask, “RIP, Petrodollar?” China readies a yuan-priced oil benchmark backed by gold. Is this the final nail in the dollar’s coffin? In the second half, Max interviews Michael Pento of to discuss the oil-gold-yuan futures contract, North Korea, hurricanes and coming market meltdowns.

- Source, Russia Today

Friday, September 15, 2017

St. Angelo: Doomsday for the US dollar is Fast Approaching

China plans to trade oil gold-backed Yuan. This is a major death nail for the petrodollar. St. Angelo says countries will no longer need there US Treasuries. Massive bond dumping will take place, causing high inflation. 

What does this all mean for precious metals? He says gold and silver should continue rising. St. Angelo also reveals the recent spike in American Silver Eagle sales shows a major shift in the silver market.

Wednesday, September 13, 2017

The Final Nails Are Being Hammered Into The US Dollar Coffin

Gregory Mannarino discusses the slow decline of the US dollar and how its days are ultimately numbered. The fiat system is growing increasingly unstable and if you are not preparing for its ultimate decline, then you will be left behind in the dust, possibly losing everything in the process.

Take heed and take notice, you have been warned. Gregory Mannarino explains more.

Monday, September 11, 2017

This Indicator is Indicating $200 Silver, Very Soon

BrotherJohnF tells Silver Doctors why silver is headed to $200/oz. The silver market’s Monthly MACD is turning upward toward the zero line. The last time the Monthly MACD broke above the zero line, silver rose from $5 to nearly $50. 

If the Monthly MACD continues higher and breaks through the zero line once again, John expects a ten-fold increase, placing silver around $200/oz. Also discussed in this interview is China's recent outlawing of ICOs (Initial Coin Offerings.) John says the Powers That Be are petrified of cryptocurrencies. “If they don’t control money, their power is severely withered away - if not wiped out.”

- Source, SD Bullion

Saturday, September 9, 2017

Gold Won’t Shoot Up Like A Rocket, But That’s A Good Thing

Gold prices have not shot up dramatically on heightened geopolitical tensions instead, they’ve been steadily rising and to longtime investor John Doody, this is a good sign. ‘It’s not going up like a rocket, which is good. 

I think a steady progression higher is exactly what the metal needs,’ he told Kitco News Friday. ‘$1,900 gold was an overshoot, there were too many speculators in the party and gold proved to be unstable at that price.’ 

Now that gold is trading above $1,300 an ounce, the Gold Stock Analyst founder said mining companies are better positioned to profit investors. ’It’s good to see companies re-establishing and raising dividends. We don’t need gold to be a good speculation, we need it to be a good investment.’

Thursday, September 7, 2017

Economic War With China?

In this special double-header episode, Max and Stacy discuss Germany repatriating €24 billion worth of gold from New York and the US administration finally realizing it is already at economic war with China. They also discuss 'enlightened' Silicon Valley sorts who 'feel' they are inclusive despite the data proving they are not.

- Source, Russia Today

Tuesday, September 5, 2017

Why Jim Rickards Thinks Gold Is About to Get Revalued Soon

Last week featured two unusual stories on gold — one strange and the other truly weird. These stories explain why gold is not just money but is the most politicized form of money.

They show that while politicians publicly disparage gold, they quietly pay close attention to it.

The first strange gold story involves Germany…

The Deutsche Bundesbank, the central bank of Germany, announced that it had completed the repatriation of gold to Frankfurt from foreign vaults.

The German story is the completion of a process that began in 2013. That’s when the Deutsche Bundesbank first requested a return of some of the German gold from vaults in Paris, in London and at the Federal Reserve Bank of New York.

Those gold transfers have now been completed.

This is a topic I first raised in the introduction to Currency Wars in 2011. I suggested that in extremis, the U.S. might freeze or confiscate foreign gold stored on U.S. soil using powers under the International Emergency Economic Powers Act, the Trading With the Enemy Act or the USA Patriot Act.

This then became a political issue in Europe with agitation for repatriation in the Netherlands, Germany and Austria. Europeans wanted to get gold out of the U.S. and safely back to their own national vaults. The German transfer was completed ahead of schedule; the original completion date was 2020.

But the German central bank does not actually want the gold back because there is no well-developed gold-leasing market in Frankfurt and no experience leasing gold under German law.

German gold in New York or London was available for leasing under New York or U.K. law as part of global price-manipulation schemes. Moving gold to Frankfurt reduces the floating supply available for leasing, making it more difficult to keep the manipulation going.

Why did Germany do it?

The driving force both in 2013 (date of announcement) and 2017 (date of completion) is that both years are election years in Germany. Angela Merkel’s position as chancellor of Germany is up for a vote on Sept. 24, 2017. She may need a coalition to stay in power, and there’s a small nationalist party in Germany that agitates for gold repatriation.

Merkel stage-managed this gold repatriation with the Deutsche Bundesbank both in 2013 and this week to appease that small nationalist party and keep them in the coalition. That’s why the repatriation was completed three years early. She needs the votes now...

- Source, James Rickards, Read the Full Article Here

Monday, September 4, 2017

Technical Researcher Louise Yamada Sees a Big Breakout Coming for Gold

Louise Yamada sees a big breakout coming for gold from CNBC.

Can gold push to $1,400? A look at gold's shining rally, with technician Louise Yamada, CNBC's Jackie DeAngelis and the Futures Now traders.

- Source, CNBC

Saturday, September 2, 2017

SMOKING GUN PROOF: No Free Press & No Free Markets

Gold & silver suppression & media blackouts: are they conspiracy theories or proven facts? What words of wisdom can be gained from one of the most senior analysts in the precious metals markets, reflecting across decades of experience? Bill Murphy, co-founder of the Gold Anti-Trust Action Committee ( shares his essential takeaways from years of penetrating research and investigation, and exposes what keeps him on a crusade for truth and unhindered markets. Murphy believes that both truth and free markets will finally erupt into the light of day, bringing justice to criminals who have ridden on the backs of honest people!

Thursday, August 31, 2017

The Economic Collapse of Venezuela

Venezuela was once the richest country in Latin America.
It has the largest known oil reserves in the world. But today, Venezuela’s democratic institutions and its economy are in shambles.

The country has the highest inflation in the world, making food and medicine inaccessible to most Venezuelans.

Over the last four years, its GDP has fallen 35%, which is a sharper drop than the one seen during the Great Depression in the US.

The country’s murder rate has surpassed that of the most dangerous cities in the world.

These conditions have sparked months of protests against the president, Nicolas Maduro. And it’s easy to see why: the country has become measurably worse since his election in 2013.

- Source, Vox

Wednesday, August 30, 2017

John Embry: Annual Gold Mining Supply Will Fall Even if Gold Prices Rise Substantially

Jason Burack of Wall St for Main St for Main St interviewed returning guest, Chief Portfolio Strategist at Sprott Asset Management, John Embry. John has over 40 years experience professionally managing money including producing industry leading returns managing a stock portfolio of gold stocks and resources stocks.

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