Monday, October 31, 2016

Report: Huma Abedin’s Emails On Weiner’s Laptop Were In a File Marked “Life Insurance”

Federal Agents at the FBI have discovered 650,000 emails on Anthony Weiner’s laptop, reportedly hidden in a file marked “Life Insurance”…

We reported earlier that Huma Abedin has been kicked off of Hillary’s “Stronger Together” Campaign Plane.

Perhaps this is the reason?

10,000 new emails found on Huma Abedin and Anthony Weiner’s computer and phones. They were in a file marked “Life Insurance”

- Source, Silver Doctors

Thursday, October 27, 2016

Alasdair MacLeod - The Case for $11,000 GOLD

Alasdair MacLeod joins Silver Doctors to reveal banks are increasing their lending of money. If more money is lent, there will be more money in the system, causing price inflation.
Will the Fed raise interest rates to prevent this inflation?

MacLeod says the Fed is too worried about deflation to make a significant rate hike.

While the U.S. dollar has shown strength against other currencies, it has been weak with respect to commodities, MacLeod points out.

When it comes to precious metals, MacLeod says gold will continue to rise to account for the expansion of the paper currency supply. Based on how much the dollar has been inflated, MacLeod calculates gold should rise to $4,000/oz – $11,000/oz.

MacLeod predicts the correction in the precious metals is over. He sees gold testing its all-time highs in 2017, and silver breaking through into the $30 range.

- Source, Silver Doctors

Monday, October 24, 2016

Prominent Democrat Connected To Clintons Donated $675,000 To Campaign Of Deputy FBI Director's Wife

The latest allegation of potential impropriety and conflict of interest involving the Democratic Party and the FBI, which over the summer famously cleared Hillary Clinton of any criminal wrongdoing as relates to her personal email server, comes not from a Podesta email or a Wikileaks disclosure, but the WSJ which overnight reported that the political organization of Virginia Govenor Terry McAuliffe, an influential Democrat with longstanding ties to Bill and Hillary Clinton, gave nearly $500,000 to the election campaign of the wife of an official at the Federal Bureau of Investigation who later helped oversee the investigation into Mrs. Clinton’s email use.

Campaign finance records show Mr. McAuliffe’s political-action committee donated $467,500 to the 2015 state Senate campaign of Dr. Jill McCabe, who is married to Andrew McCabe, now the deputy director of the FBI.

McAuliffe was prominently featured here most recently for his August decision to restore the voting rights of some 13,000 West Virginia ex-felons, an effort he was expected to continue until the voting rights for all 200,000 ex-criminals have been restored.

The WSJ adds that the Virginia Democratic Party, over which Mr. McAuliffe exerts considerable control, donated an additional $207,788 worth of support to Dr. McCabe’s campaign in the form of mailers, according to the records. That adds up to slightly more than $675,000 to her candidacy from entities either directly under Mr. McAuliffe’s control or strongly influenced by him. The figure represents more than a third of all the campaign funds Dr. McCabe raised in the effort.

Despite the boost in funding, after McAuliffe and other state party leaders recruited Dr. McCabe to run, she lost the election to incumbent Republican Dick Black.

A spokesman for the governor said he “supported Jill McCabe because he believed she would be a good state senator. This is a customary practice for Virginia governors… Any insinuation that his support was tied to anything other than his desire to elect candidates who would help pass his agenda is ridiculous.”

Among political candidates that year, Dr. McCabe was the third-largest recipient of funds from Common Good VA, the governor’s PAC, according to campaign finance records. Dan Gecker received $781,500 from the PAC and $214,456 from the state party for a campaign that raised $2.9 million, according to records; and Jeremy McPike received $803,500 from the PAC and $535,162 from the state party, raising more $3.8 million that year for his candidacy.

Seeking to clear away any speculation of impropriety and conflicts of interest , the FBI said in a statement that during his wife’s campaign Mr. McCabe “played no role, attended no events, and did not participate in fundraising or support of any kind. Months after the completion of her campaign, then-Associate Deputy Director McCabe was promoted to Deputy, where, in that position, he assumed for the first time, an oversight role in the investigation into Secretary Clinton’s emails.”

FBI officials said that after that meeting with the governor in Richmond on March 7, Mr. McCabe sought ethics advice from the bureau and followed it, avoiding involvement with public corruption cases in Virginia, and avoiding any campaign activity or events.

Mr. McCabe’s supervision of the Clinton email case in 2016 wasn’t seen as a conflict or an ethics issue because his wife’s campaign was over by then and Mr. McAuliffe wasn’t part of the email probe, officials said.

Of course, despite the prompt denial that this fund transfer was not out of the ordinary, the money was not refunded and will serve as the latest suggestion that "pay-to-play" is alive and well, and involves not just the judicial branch, but also the supposedly impartial FBI.

As the WSJ also notes, McCabe is a longtime FBI official who focused much of his career on terrorism. His wife is a hospital physician who campaigned in northern Virginia, where the couple live with their children. The 2015 Virginia State senate race was Dr. McCabe’s first run for office and her campaign spent $1.8 million. The race was part of Mr. McAuliffe’s failed effort to win a Democratic majority in the Virginia legislature, which would have given him significantly more sway in Richmond, the state capital.

Some more details:

Mr. McAuliffe has been a central figure in the Clintons’ political careers for decades. In the 1990s, he was Bill Clinton’s chief fundraiser and he remains one of the couple’s closest allies and public boosters. Mrs. Clinton appeared with him in northern Virginia in 2015 as he sought to increase the number of Democrats in the state legislature.
Dr. McCabe announced her candidacy in March 2015, the same month it was revealed that Mrs. Clinton had used a private server as secretary of state to send and receive government emails, a disclosure that prompted the FBI investigation.

At the time the Clinton probe was launched in July 2015, McCabe was running the FBI’s Washington, D.C., field office, which provided personnel and resources to the Clinton email probe.

The rabbit hole gets deeper: "That investigation examined whether Mrs. Clinton’s use of private email may have compromised national security by transmitting classified information in an insecure system. A review of Mrs. Clinton’s emails concluded that 110 messages contained classified information. Mrs. Clinton has said she made a mistake but that she never sent or received messages that were marked classified." We now know that also was incorrect.

At the end of July 2015, Mr. McCabe was promoted to FBI headquarters and assumed the No. 3 position at the agency. In February 2016, he became FBI Director James Comey’s second-in-command. As deputy director, Mr. McCabe was part of the executive leadership team overseeing the Clinton email investigation, though FBI officials say any final decisions on that probe were made by Mr. Comey, who served as a high-ranking Justice Department official in the administration of George W. Bush.

The paper concludes that "it was unclear the extent to which Mr. McCabe may have recused himself from discussions involving Mr. McAuliffe. When Mr. McCabe’s wife began her campaign, he shied away from involvement in Virginia public corruption cases, according to officials." He was, however, instrument in supervising Hillary's investigation the subsequently clearing her.

The punchline: "once the campaign was over, officials said, Mr. McCabe and FBI officials felt the potential conflict-of-interest issues ended."

- Source, Zero Hedge

Sunday, October 23, 2016

Diagnosis of Gold Correction: Normal

Murphy’s Law, applied to gold and silver: the price will fall right after you buy.

New GoldSilver Law: it doesn’t matter. Prices will be a lot higher in a couple years (and you should focus on how many ounces you own anyway).

As most of you know, gold and silver have been on a tear this year. Gold hit $1,363.75 (based on London PM fix) on August 2. But yesterday it fell to $1,253.45, what amounts to an 8.1% pullback.

As you’re about to see, this decline is completely normal. That’s not me saying so; that’s what history shows.

I have some data on corrections I want to share with you. The reason I’m sharing it is because I want us all to be prepared for what’s ahead…

The following charts look at the size and frequency of corrections during gold’s two biggest bull markets in modern history. First up is the 2001-2011 run. Look how many corrections there were and how big some of them got. I added our current pullback so you can put it in perspective.

In the bull market that saw the gold price rise a total of 645%, there were 19 corrections of 6% or more. Ten were in double digits.

The average of all those corrections was 12%. That means our current pullback is, so far, relatively minor by comparison.

Corrections are normal even during manias. Here's a chart of the pullbacks that occurred during the final two years of the 1970s parabolic advance. Notice not just the big drops but how quickly they occurred.

During the final phase of the gold mania—at a time when the price rose 392% in just 24 months—there were seven big pullbacks. The average was a 10.1% decline every three and a half months. And they were all very sharp—four lasted less than ten trading days, and all were over in less than a month.

So, in the two biggest gold advances in modern history, price corrections, even big ones, were completely normal.

This information gives us power…

There are three distinct facts we can take away from this data. If you tend to worry when the gold price falls, you may find the following points useful as we progress through what Mike and I are convinced will be a gold advance of historic proportions…

#1. We will never say goodbye to corrections.

History shows that volatility, both up and down, is normal during bull markets, even manias. What this means is that while we can’t predict when they’ll occur, we know going in that they’re gonna happen. So before we exit this sector, understand that we will see some big and sharp corrections. Prepare your emotions accordingly.

#2. Focus on the big picture.

When the gold price declines in a bull market, history shows it’s almost always higher three months later. The only time this didn’t happen in the 2001-2011 period was during the 2008 financial crisis—but even then the price ended up more than doubling within two years. In the 1976 to 1980 mania, gold wasalways higher three months later.

In other words, daily and even monthly fluctuations are nothing to fret over. Viewed on a long-term basis, corrections are nothing more than one step down before the next two steps up. This fact reminds us to keep the big picture in mind.

#3: Corrections are buying opportunities.

If you don’t have as much gold and silver as you need, every pullback should be viewed as your chance to buy them on sale. It’s an automatic discount on what you want to buy anyway.

It’s not just gold bugs saying this…
Francisco Blanch, head of global commodities and derivatives research at Bank of America Merrill Lynch: “Investors should use the recent drop in gold prices as a buying opportunity… once the US central bank decides to raise interest rates, potentially causing equities to sell off and the dollar to rally, investors will see gold prices stabilize and eventually trend higher.”
Goldman Sachs analysts Jeffrey Currie and Max Layton: “We would view a gold sell-off below $1,250 as a strategic buying opportunity, given that substantial downside risks to global growth remain, and given that the market is likely to remain concerned about the ability of monetary policy to respond to any potential shocks to growth.”
Joni Teves, UBS strategist: “We think the recent price correction and sizeable decline in positioning improves the risk-reward for gold, allowing those who are looking to build longer-term gold exposure to build positions at better levels.”
Chris Gaffney, president of World Markets at EverBank: “the recent drop is overdone… Several factors can put a floor under gold in the short term, including increased tensions in Syria, the end of cooperation between Russia and the US, Brexit, and political uncertainty in the US.”
Ross Norman, chief executive officer at Sharps Pixley: “It is clear to us that the rationale for buying is more powerful than any time in living memory.” That last quote is my favorite.

Mike Maloney agrees, but takes it one step further… as he shows with sharp clarity in Episode 7 of the Hidden Secrets of Money, what is almost certainly ahead promises to be not just the greatest crisis in history but also the greatest wealth transfer. But only if you own physical gold and silver.

The Ultimate Question to Ask
So, does that mean we should buy now? What if the correction isn’t over?

Instead of focusing solely on price, I think this is a better question to ask:
Do you have enough ounces to withstand the fallout if Mike is right about what’s coming?Focus on how you and your family would be impacted in a crisis, and how you will deal with it. Any reasonable assessment of global financial affairs points to the need to have a lot of bullion at this point in history.

If even just a portion of Mike’s predictions come true, worrying over a few dollars for gold or a few cents for silver will be meaningless and long forgotten.

Buy enough gold and silver so that your fort is ready for all arrows—deflation, inflation, economic recession or depression, central bank blunders, government interference, war, helicopter money, a crashing currency, a monetary reset, capital controls, and any other scenario that could wipe out you and your family’s wealth.

- Source, Jeff Clark via Gold Silver

Thursday, October 20, 2016

The Debt Trap Is Global

Mike shows you how much the government controls the economy today. And why it will be very difficult to get out of this mind-boggling level of debt. You’ll see this is not just a problem in the Western world, it’s the entire world. As Mike says, "this is going to be a global recession and it’s going to be bad."

- Source, Gold Silver

Tuesday, October 11, 2016

Ron Paul: Believe Me, Gold Prices Are Going Up

Former US Representative Ron Paul sees gold headed higher after plunging this week. He discusses with CNBC’s Jackie DeAngelis and the Futures Now traders.

- Source, CNBC

Tuesday, October 4, 2016

Max Hyprocrisy - Bill Clinton Bashes Obamacare As The Craziest Thing In The World

In a staggering moment of honesty caught on tape, former President Bill Clinton admits to a group of voters in Michigan that Obamacare is a complete disaster and is wreaking havoc on the middle-class and "small-business people." Per the video published by the NY Post, Clinton says that Obamacare is fine for those who are eligible for subsidies but admits that thathardworking "people who are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half and it’s the craziest thing in the world."

“You’ve got this crazy system where all of a sudden 25 million more people have health care, and then the people who are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half and it’s the craziest thing in the world.

On the other hand, the current system works fine if you’re eligible for Medicaid, if you’re a lower-income working person. If you’re already on Medicare or if you get enough subsidies on a modest income that you can afford your health care.

But the people getting killed in this deal are the small-business people and individuals who make just a little bit too much to get any of these subsidies."

- Source, Zero Hedge