- Source, USA WatchDog:
TRACKING THE GOLD AND SILVER INVESTMENT COMMUNITY, WORLDWIDE - AN UNOFFICIAL EDITING OF RELATED INVESTMENT COMMENTARY
Wednesday, February 27, 2013
Financial Collapse is Inevitable
Wednesday, February 20, 2013
Those Who Have Caused Wreckage Will Not Have My Gold
"I swear those that have caused the wreckage of all things once held dear to us shall not have my gold or gold share position. Fear is no part of me, and I will face the enemy, confident in our success."
Respectfully,
Jim Sinclair
Respectfully,
Jim Sinclair
Monday, February 18, 2013
Ending the Currency Wars with a Gold Standard
- Source, Keiser Report:
Thursday, February 14, 2013
Jim Willie - Currency Wars and the US Dollar Rejection
They talk about China's increasing use of yuan swaps in bilateral trade. Sanctions on Iran have led to an increase in trade settled in gold, with Willie pointing out the intermediary role of Turkey in this matter. Jim and Alasdair also discuss deindustrialisation in the United States and the subsequent destruction of capital; with Willie mentioning the mysterious outflow of gold classified as "industrial supplies" out of the US.
They discuss the pressure on the dollar due to the declining importance of the dollar in international trade, and how the US Dollar Index (USDX) is understating the true decline in the dollar's value. Willie also talks about the Treasury Bond bubble and how interest-rate swaps are supressing yields.
Finally they talk about China, and the possible introduction of a gold trade note by which gold could become the basis of trade settlement. Willie speculates about the actual non-reported amount of gold held by China."
- Source, GoldMoney:
Monday, February 11, 2013
Gold Production is Set to Plunge
"I don’t think we’re going to be finding much new gold at all. So consequently, as these existing mines get depleted and all mined out, I think production will fall dramatically, irrespective of what the gold price does. When you put that in the perspective of central banks, which have gone from being large suppliers of gold for years and years and now they are taking gold out of the market, you've had a swing of at least 1,000 tons per year in central bank activity.
When you put this into the context of a market that’s only about 4,000 tons per annum, and then you add to this the fact that future gold production is literally set to plunge, I think there is no choice but for the price of gold to go ballistic on the upside. It’s just a matter of how long these paper shenanigans can continue. Once these (paper shenanigans) are over, and they will certainly be over at some point, the price will go up by multiples of the current level.”
When you put this into the context of a market that’s only about 4,000 tons per annum, and then you add to this the fact that future gold production is literally set to plunge, I think there is no choice but for the price of gold to go ballistic on the upside. It’s just a matter of how long these paper shenanigans can continue. Once these (paper shenanigans) are over, and they will certainly be over at some point, the price will go up by multiples of the current level.”
- John Embry via a recent King World News interview, read the full interview here:
Friday, February 8, 2013
Artificial Debt Market
- Source, Fox Business News:
Monday, February 4, 2013
Argentina Freezes Prices Inflation Spiral Out of Control
"The price freeze applies to every product in all of the nation's largest supermarkets — a group including Walmart, Carrefour, Coto, Jumbo, Disco and other large chains.
Polls show Argentines worry most about inflation, which private economists estimate could reach 30 percent this year. The government says it's trying to hold the next union wage hikes to 20 percent, a figure that suggests how little anyone believes the official index that pegs annual inflation at just 10 percent.
The government announced the price freeze on the first business day after the International Monetary Fund formally censured Argentina for putting out inaccurate economic data. The IMF has given Argentina until September to bring its statistics up to international standards, or face expulsion from the world body in November."
Polls show Argentines worry most about inflation, which private economists estimate could reach 30 percent this year. The government says it's trying to hold the next union wage hikes to 20 percent, a figure that suggests how little anyone believes the official index that pegs annual inflation at just 10 percent.
The government announced the price freeze on the first business day after the International Monetary Fund formally censured Argentina for putting out inaccurate economic data. The IMF has given Argentina until September to bring its statistics up to international standards, or face expulsion from the world body in November."
- Source:
Inflation Proof - $1.00 Face Value 90% Silver Washington Quarters
Friday, February 1, 2013
Kyle Bass - Remember Zimbabwe
by Zero Hedge
"Amid the euphoria of today's crossing of the Dow's Maginot Line at 14,000, Kyle Bass provided a few minutes of sanity this morning in an interview with CNBC's Gary Kaminsky. Bass starts by reflecting on the ongoing (and escalating) money-printing as the driver of stock movements currently and would not be surprised to see them move higher still (given the ongoing printing expected). However, he caveats that nominally bullish statement with a critical point, "Zimbabwe's stock market was the best performer this decade - but your entire portfolio now buys you 3 eggs" as purchasing power is crushed. Investors, he says, are "too focused on nominal prices" as the rate of growth of the monetary base is destroying true wealth. Bass is convinced that cost-push inflation is coming (as the velocity of money will move once psychology shifts) and investors must not take their eye off the insidious nature of underlying inflation - no matter what we are told by the government (as they will always lie when its critical). Own 'productive assets', finance them at low fixed rates (thank you Ben), and finally, on HLF, don't bet against Dan Loeb."
"Amid the euphoria of today's crossing of the Dow's Maginot Line at 14,000, Kyle Bass provided a few minutes of sanity this morning in an interview with CNBC's Gary Kaminsky. Bass starts by reflecting on the ongoing (and escalating) money-printing as the driver of stock movements currently and would not be surprised to see them move higher still (given the ongoing printing expected). However, he caveats that nominally bullish statement with a critical point, "Zimbabwe's stock market was the best performer this decade - but your entire portfolio now buys you 3 eggs" as purchasing power is crushed. Investors, he says, are "too focused on nominal prices" as the rate of growth of the monetary base is destroying true wealth. Bass is convinced that cost-push inflation is coming (as the velocity of money will move once psychology shifts) and investors must not take their eye off the insidious nature of underlying inflation - no matter what we are told by the government (as they will always lie when its critical). Own 'productive assets', finance them at low fixed rates (thank you Ben), and finally, on HLF, don't bet against Dan Loeb."
- Source, Zero Hedge and CNBC:
Wednesday, January 30, 2013
We're Gonna See the Price of Siver With a Zero Behind It
- Source, SGTReport:
Sunday, January 27, 2013
Keep Calm and Slave On Limited Edition Coin
This unique limited edition coin, that is sure to bring a huge premium once finished production can be bought from Silver Gold Bull. The following is a description of the coin by Silver Gold Bull:
"The first release of the Silver Bullet Silver Shield series was related to the Debt and Death paradigm, with the Rothschild banking family, while this one, the third release (and second negative medallion) relates to a controversial connection of the British Royal Family with the same paradigm.
The obverse depicts the smiling Slave Queen with a crown with the word OBEY inscribed on it, and three symbols.
- "The first symbol is a Poppy blossom symbolizing the many decade long Opium War against China. The British had a long time silver trade deficit with China as a result of the English consumption of China's silk & tea."
- "The second symbol is the Rothschild crest that made its first appearance on the Debt and Death Medallion, and it symbolizes banking power taking power from the Royal Family long before the Queen was born."
- "The final symbol is the Eye of Providence, a controversial symbol that some belive represents a trick to get us to self-regulate because of constant fear that we are being watched by a higher authority. This symbol is commonly associated with Freemasonry, and appears on the United states one-dollar bill."
The reverse shows Classic Silver Bullet Silver Shield Crest with the sayings "A Conscious Solution To Collectivist Problems" and "Listen To All. Follow None". The Silver Shield is flanked by 47 Silver Bullets representing the atomic number of silver."
The obverse depicts the smiling Slave Queen with a crown with the word OBEY inscribed on it, and three symbols.
- "The first symbol is a Poppy blossom symbolizing the many decade long Opium War against China. The British had a long time silver trade deficit with China as a result of the English consumption of China's silk & tea."
- "The second symbol is the Rothschild crest that made its first appearance on the Debt and Death Medallion, and it symbolizes banking power taking power from the Royal Family long before the Queen was born."
- "The final symbol is the Eye of Providence, a controversial symbol that some belive represents a trick to get us to self-regulate because of constant fear that we are being watched by a higher authority. This symbol is commonly associated with Freemasonry, and appears on the United states one-dollar bill."
The reverse shows Classic Silver Bullet Silver Shield Crest with the sayings "A Conscious Solution To Collectivist Problems" and "Listen To All. Follow None". The Silver Shield is flanked by 47 Silver Bullets representing the atomic number of silver."
This limited edition coin is now available from Silver Gold Bull, as with the other coins in this series, they are sure to bring a huge premium once fully sold.
Wednesday, January 23, 2013
Explained in Animation - The Collapse of The American Dream
Debt = Money. This is the most important thing you can understand about modern finance in my personal opinion.
America is now 16.5 Trillion dollars in debt. That is roughly $53,000 dollars per citizen. Most of this debt has been falsely imposed on America by the banking organization.
Notice at 23:40 in the video that the only thing that can defeat the banksters is a "golden sword". I'll let the video explain the rest. Enjoy.
- Source:
http://www.theamericandreamfilm.com/
Saturday, January 19, 2013
We Are Now Seeing Massive Shortages Of Silver
“We are now seeing major shortages of silver. It’s much, much harder to get hold of silver than it is to get gold. As soon as people get silver inventory to sell, it’s gone straightaway.
I agree with John Embry who talked about silver going up hundreds of dollars. Silver will absolutely explode in price. Silver does have a much greater potential than gold, there’s no question about that. As an investment silver will be spectacular.
But the bottom line is we are having real problems getting silver because of these massive shortages. We are now seeing very lengthy delays in getting physical silver. You can still find gold, but silver is simply not around, and we expect the situation to get much worse. We are now to the point where we are going to begin to see a massive breakout in the price of silver.”
I agree with John Embry who talked about silver going up hundreds of dollars. Silver will absolutely explode in price. Silver does have a much greater potential than gold, there’s no question about that. As an investment silver will be spectacular.
But the bottom line is we are having real problems getting silver because of these massive shortages. We are now seeing very lengthy delays in getting physical silver. You can still find gold, but silver is simply not around, and we expect the situation to get much worse. We are now to the point where we are going to begin to see a massive breakout in the price of silver.”
- Egon von Greyerz via a recent King World News interview, read the full interview here:
Wednesday, January 16, 2013
Why Will it Take 7 Years For Germany to Get it's Gold Back?
"So Germany has asked for the gold stored at the Fed to be returned to Germany. The amount of gold the US supposedly has stored for the Germans is 1,536 tons. This can certainly be shipped to Germany. Yet it’s going to take 6 or 7 years to return a small portion of the gold to Germany? Why?
They ship much more oil than gold. This is ridiculous. What do they expect? Do they expect the gold to blow up? Last I heard gold doesn’t even oxidize or even tarnish, much less blow up. Why can’t they just load it on a ship or on planes and send it? Something doesn’t add up here, Eric.
The reality here is that the German gold has been leased out and it’s not sitting in the vault. So the Fed has agreed to return very small portions of the German gold each year, which is supposedly stored at the Fed. Well, the gold isn’t there and that’s why it is going back to Germany in small portions each year."
They ship much more oil than gold. This is ridiculous. What do they expect? Do they expect the gold to blow up? Last I heard gold doesn’t even oxidize or even tarnish, much less blow up. Why can’t they just load it on a ship or on planes and send it? Something doesn’t add up here, Eric.
The reality here is that the German gold has been leased out and it’s not sitting in the vault. So the Fed has agreed to return very small portions of the German gold each year, which is supposedly stored at the Fed. Well, the gold isn’t there and that’s why it is going back to Germany in small portions each year."
- Stephen Leeb, via a recent King World News Interview, read the full interview here:
Tuesday, January 15, 2013
Beginning of the End? Bundesbank To Begin Repatriating Gold From New York Fed
"In what could be a watershed moment for the price, provenance, and future of physical gold, not to mention the "stability" of the entire monetary regime based on rock solid, undisputed "faith and credit" in paper money, German Handelsblatt reports in an exclusive that the long suffering German gold, all official 3,396 tons of it, is about to be moved. Specifically, it is about to be partially moved out of the New York Fed, where the majority, or 45% of it is currently stored, as well as the entirety of the 11% of German gold held with the Banque de France, and repatriated back home to Buba in Frankfurt, where just 31% of it is held as of this moment. And while it is one thing for a "crazy, lunatic" dictator such as Hugo Chavez to pull his gold out of the Bank of England, it is something entirely different, and far less dismissible, when the bank with the second most official gold reserves in the world proceeds to formally pull some of its gold from the bank with the most. In brief: this is a momentous development, one which may signify that the regime of mutual assured and very much telegraphed - because if the central banks don't have faith in one another, why should anyone else? - trust in central banks by other central banks is ending."
- Excerpt from an article on Zero Hedge, Read the full article here:
Saturday, January 12, 2013
John Embry and James Turk on Why the Gold Bull Market isn't Over Yet
Embry thinks the bottom is being tested right now and that there's a lot of upward potential with limited risk. He notes that if you're negative on gold, you must be bullish on currencies, which doesn't make sense in the current environment.
James notes the media's negative sentiment towards gold lately, which has scared people away from the metals. He also notes that the banking system is falling apart in Europe, which should boost gold's status as a safe haven asset."
- Source, GoldMoney Research:
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