Alasdair Macleod: All Roads in Europe Lead to Gold

"This week we bring back Alasdair Macleod, publisher of Finance and economics.org, because, as he puts it "every horror that we discussed last time we spoke is coming about". Especially scary since our previous conversation with him was less than three weeks ago...

Today's interview continues building on his excellent synopsis from last month that detailed the origins of the Eurozone crisis. The fundamental shortcomings warned of at the Euro's creation in 1997, combined with the excessive sovereign debts run up since then, have finally expressed themselves at a scale too large to be contained any longer.

Today, Alasdair details in-depth the huge and serious challenges facing Greece and the major Eurozone countries, and the likely impacts of the fast-dwindling options left remaining.

He sees no happy ending to this story, no outcome in which serious pain and permanent behavior change can be avoided. And for those looking for shelter from the unfolding economic storm, he sees few options besides the precious metals (which he believes are severely under priced at the moment)."

- Source:

http://www.chrismartenson.com

Mike Maloney - Paper Price Pullbacks 1 Year Later

In this 1 year old video Mike Maloney, CEO and founder of GoldSilver.com with James Anderson, Managing Director at GoldSilver.com, they talk about the following topics:

* The entire bull market of silver

* The supply and demand fundamentals

* There is no scenario in which gold and silver do not rise

* Beware the pitfalls - professional scams

* Measuring wealth in ounces, not in dollars

* Currency is currency, not "money"

* The big gains coming based on history

* The Wealth Transfer - transfered from us to the big banks

* "The key of this game is to ask yourself how many ounces you have"

* Holding gold and silver as your safe haven asset


- Source:

http://goldsilver.com/video/mike-maloney-paper-price-pullbacks-1-year-later/?utm_medium=email&utm_campaign=Gold++Silver+Weekly+-+5+-+15+-+2012&utm_content=Gold++Silver+Weekly+-+5+-+15+-+2012+CID_ed2377e72461546d2c070b503e24bbb3&utm_source=GoldSilver+Email+Marketing&utm_term=Watch+this+Video

The Farce Continues

It’s Official, The Economy is Heading Down

"There has been so much bad economic news out, recently, I do not see how anyone with half a frontal lobe could say the economy is not in trouble. Friday, new unemployment figures were announced, and a weak 119,000 jobs were created. The rate fell to 8.1%, but only because more discouraged workers stopped looking for work and disappeared from the government’s data base. In Friday’s report, economist John Williams of Shadowstats.com summed it all up by saying, “The headline U.3 unemployment rate dropped a statistically insignificant notch to 8.1% in April, from 8.2% in March, but the “good” news was anything but good. The declining pace of headline unemployment reflected an accelerating increase in the number of the headline unemployed giving up looking for work, because there were no jobs to be had. . . . The SGS-Alternate Unemployment Measure, accordingly, notched higher in April to 22.3%, from 22.2% in March.” 

So, unemployment in the real world actually went up—not down. According to outplacement firm Challenger, Gray & Christmas, planned job cuts rose 7.1% in April, and more than 40,000 more workers are going to be laid off."

- Read the full story here:

http://usawatchdog.com/its-official-economy-heading-down/

John Embry - I Took Delivery of More Physical Gold Today!

"Today I took delivery of more physical gold because I think this is a great time to be adding to your position. Eight months ago it was over $1,900 and today it’s $1,650. Savvy investors will buy these dips in bull markets and that’s what I’m doing personally.

Once gold exits this range that it’s been in now for a considerable period of time, it will exit violently to the upside. I keep saying it, but the physical market is gradually overcoming the paper market, and the paper market, in a word, is preposterous.”

- John Embry via a recent King World News interview, read the full interview here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/5/1_Embry_-_This_is_What_Im_Doing_with_My_Own_Money_Right_Now.html

How Dare you Waste Taxpayers Money?!

Same Old, Same Old

South Carolina House OK's Gold and Silver as Real Money

FLASHBACK: Jim Sinclair on CNN Your Money

Jim Sinclair to Leave the United States?

The following was posted by Jim Sinclair just today. Does this mean he is leaving the United States? Is it time to get out of Dodge?

According to Dean Harry Schultz, the way to live your life involves the following:

- Money in one country
- Citizenship in a different country
- Body in another country where neither your citizenship nor money resides.

I have resisted this sage advice from Harry for many years knowing that the day might come when his genius proves true.

That day has come.

Seriously consider this advice.

Respectfully,
Jim

- Source JSMineset.com:

http://www.jsmineset.com/ 

End of the Rainbow for Future Generations...

Egon von Greyerz - Gold Will have an Explosive Move to the Upside

"First of all, we know the debt levels are too high today and gold is starting to reflect that. But because less than 1% of world financial assets are in gold, we have yet to really see the gold market react to all of this massive money printing. Once the gold market starts reacting to all of this, that’s when gold is going to go exponential.

It doesn’t matter whether investors are buying gold at $1,600 or $1,800, it’s irrelevant in the long-run. What’s important is they are invested in physical gold in order to preserve their wealth.

I believe that QE will and must start very soon. This will either happen in April or the gold market will anticipate its start at that time. The Treasury bond market, which is going down fast, is already smelling inflation and QE. So I believe we are nearing the time period where gold will have an explosive move to the upside.”

- Egon von Greyerz via a recent King World News interview, Read the full interview here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/16_Greyerz_-_Gold_Will_React_to_the_%24120_Trillion_of_Additional_Debt.html 

The Bernake - The Bubble Boy!

John Hathaway - 9 Key Points for the Gold & Silver Markets

1.The recent sharp decline appears to have been another test of the December low of $1532/oz intraday. Gold fell to $1675 on March 9th from $1788 including a drop of $72 on February 29th. So far, the downside was contained near the 200 day moving average. From a purely technical standpoint, the uptrend in gold seems intact.

2. Still, we may see another test to shake out weak hands in the next month or so.

3. Gold shares remain cheap relative to the gold price, with robust earnings reports in the Q4 2011, and strong earnings are likely to repeat in the 1st quarter of 2012.

4. Bernanke’s comment on February 29th, that future QE was unlikely, was the spark for the recent sharp decline in gold and other precious metals. Additional pressure has come from the flow of favorable reports on the US economy.

5. The fact that gold has survived the negative news flow from the monetary and economic front is encouraging. If gold can withstand the apparently changing narrative that had underpinned a bullish stance on gold, it will be a sign of enormous strength.

6. What is it that conventional wisdom has not already discounted that could propel gold much higher? We can only guess at this stage, but it is far more preferable for the precious metals complex to exhibit strength for no apparent reason, as opposed to when everybody thinks the reasons are obvious (which had been the case until this most recent pullback and the apparent change in the news flow.)

7. We believe that the precious metals story is far from over, but it may be changing from the point of view of the simple minded commentary one is exposed to in most of the financial media.

8. The future rationale for investing in gold will most likely be found in the difficulty that central banks encounter in trying to unwind unprecedented monetary largesse. This could take the form of a disastrous market for government securities or an extended period of inflation which further undermines confidence in paper currency. It could come from some sort of economic difficulty which raises the prospect for further quantitative easing in the Western democracies.

9. In any event, we believe it is far too soon to sound the “all clear” signal with respect to abandoning the protection against monetary debasement that gold provides.

- John Hathaway via a recent King World News interview, read the full interview here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/13_John_Hathaway_-_9_Key_Points_for_the_Gold_%26_Silver_Markets.html

Sinclair - Greek Tragedy Part of $37 Trillion, Not $3.5 Billion

"Very simply, the number is not $3.5 billion. It’s some part of $37 trillion. The emergency swaps from the Fed could total in the trillions of dollars. This is based on my strong belief that the figure of $3.5 billion is not accurate.

The implications of this, if it comes to pass, are a second rescue of approximately eight international banks. Central planners would attempt to totally camouflage this and it would only be readable by tracking swaps from the Fed because the Fed is the lender of last resort.

This type of event would be the ‘meat’ by which Alf Fields would be proven right on his $4,500 projection for gold..."

- Read the full interview at King World News here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/9_Sinclair_-_Greek_Tragedy_Part_of_$37_Trillion,_Not_$3.5_Billion.html