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| Sprott Money |
| The LBMA Is A Ploy of the Central Bank Community - Nico Simons |
| This
article is about the way the Central Bank Community manipulates the price of
gold and the role of the LBMA within. We describe some of the signs that the
Central Bank Community manipulate the price of gold and that they are using the
LBMA to reach their goal. Is the manipulation of the gold price a classic case of
Diffusion of responsibility because so many organizations are involved and
avoid taking responsibility?
Manipulation is a joint effort of the Central
Bank Community
The sigWednesday, August 23, 2017 |
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| USA GOLD - USA Gold |
| The Daily Market Report |
| USAGOLD/Peter Grant/08-22-17
Gold is consolidating at modestly lower levels, but still generally at the high end of the recent range. The yellow metal remains underpinned by elevated political and geopolitical risks, while today’s uptick in the dollar weighs.
German ZEW Economic Sentiment slid to 10.0 in August, below expectations of 15.5, versus 17.5. Waning confidence in Germany diminishes the likelihood of any imminent tapering by the ECB. The recent rise in the euro appears to have stalled fTuesday, August 22, 2017 |
|
 | Przemyslaw Radomski CFA - SunshineProfits |
| Bitcoin Stalls |
| The fact that Bitcoin has recently hit an all-time high has already fueled wild speculation in the market and we are now seeing increased interest in the currency. The mainstream media are now full of articles on the meteoric rise of Bitcoin, Bitcoin Cash, Ethereum and the prospects of cryptocurrencies. In an article on Bloomberg, we read:
It seems like everyone is coming up with a price forecast these days, with some of the biggest banks including Goldman Sachs Group Inc. jumping into the actioTuesday, August 22, 2017 |
|
 | Mark O'Byrne - gold.ie |
| Mnuchin: I Assume Fort Knox Gold Is Still There |
| US Treasury Secretary Steve Mnuchin visits Fort Knox Gold
Later tweeted ‘Glad gold is safe!’
Only the third Treasury Secretary to visit the fortified vault, last visit was 1948
Last Congressional visit was 1974
Speculation over existence of gold in Fort Knox is rife
Concerns over Federal Reserves lack of interest in carrying to an audit on gold
Gold was last counted in 1953, nine years before Mnuchin was born
Mnuchin may be looking to prevent countries and states from worrying about and repatriaTuesday, August 22, 2017 |
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| USA GOLD - USA Gold |
| Morning Snapshot: Gold choppy at high end of range |
| USAGOLD/Peter Grant/08-22-17
Gold continues to trade within the recent range below $1300. Gold is oscillating as risk appetite ebbs and flows amid varied political and geopolitical risks. However, those risks should keep gold underpinned.
President Trump’s speech last night suggests the U.S. is in Afghanistan to stay. He also ratcheted-up pressure on Pakistan, calling them out for providing “safe havens for terrorist organizations.” Mr. Trump then called for a strategic counter-terror partnershiTuesday, August 22, 2017 |
|
 | Phoenix Capital - Gains Pains & Capital |
| U.S. Treasury Secretary: I Assume Fort Knox Gold Is Still There |
| U.S. Treasury Secretary: I Assume Fort Knox Gold Is Still There
US Treasury Secretary Steve Mnuchin visits Fort Knox Gold
Later tweeted ‘Glad gold is safe!’
Only the third Treasury Secretary to visit the fortified vault, last visit was 1948
Last Congressional visit was 1974
Speculation over existence of gold in Fort Knox is rife
Concerns over Federal Reserves lack of interest in carrying to an audit on gold
Gold was last counted in 1953, nine years before Mnuchin was born
Mnuchin may be lookingTuesday, August 22, 2017 |
|
 | Michael Pento - Delta Global Advisors |
| Cryptocurrencies: Modern Day Alchemy |
| Cryptocurrencies make good currencies, but fail miserably when trying to achieve the status of money. Cryptocurrencies are both created and held electronically inside a virtual wallet. These digital currencies use encryption techniques to regulate the generation of new units and to verify the transfer of funds. Cryptocurrencies operate independently of governments and are decentralized.
The most popular cryptocurrency now is Bitcoin. Bitcoin has risen in popularity because, unlike government-bacTuesday, August 22, 2017 |
|
 | Oilprice.com - oilprice.com |
| Forget Oil Prices, Oil Majors Are A Buy |
| Oil stocks have been performing dismally this year, and oil prices have failed to sustain a rally, so why are these stocks still attractive? Low valuations and high dividend yields, say analysts.
Supermajor oil companies are living a new reality that is based on new profits in a forever-low oil price environment—and globally, analysts say, the oil sector is a great investment.
Value has returned, because international oil giants have adapted.
The initial enthusiasm over OPEC’s production cut deTuesday, August 22, 2017 |
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| USA GOLD - USA Gold |
| The Daily Market Report: Gold Recovers From Friday’s Retreat |
| USAGOLD/Peter Grant/08-21-17
Gold has retraced more than half of the pullback from Friday’s high just above $1300. Renewed geopolitical tensions, along with a weaker dollar, are buoying the yellow metal.
As U.S. and South Korean joint military exercises commence, the North Korean’s are rattling the saber once again. They seem worried that the war games may be used as cover for a preemptive strike and warned of a “merciless strike” in retaliation. This exercise continues through the end of the moMonday, August 21, 2017 |
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| Mark O'Byrne - gold.ie |
| Buffett Sees Market Crash Coming? His Cash Speaks Louder Than Words |
| The Sage of Omaha’s adage is “it’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
Editor: Mark O’Byrne
But for Warren Buffett the current environment doesn’t appear to be offering up any wonderful companies at fair valuations. The situation is so bad that the cash stockpile of Berkshire Hathaway has more than doubled in the last four years, from under $40 billion to $100bn.
The infamous investor is famed for his investment approach of pouncing Monday, August 21, 2017 |
|
 | Mac Slavo - ShtfPlan |
| A Robot Army Just Made The Biggest Gold Discovery Of The Century |
| This report from OilPrice.com is a paid advertorial
Prospectors have mined 20 million ounces of gold from the Yukon’s famous Klondike since the Gold Rush. But they haven’t been able to find the original source—the multi-billion-dollar bedrock.
Until now.
A famous geologist armed with the latest in drone tech and robo-drills is certain he’s just found it.
This is the Mother Lode of Klondike gold that countless prospectors have been trying to get at for over a century.
It makes the 20 million ounMonday, August 21, 2017 |
|
 | Steve Saville - Speculative Investor |
| The weakest boom ever |
| [This post is a slightly-modified excerpt from a recent TSI commentary]
The US economic boom that followed the bust of 2007-2009 is still in progress. It has been longer than average, but at the same time it has been unusually weak. The weakness is even obvious in the government’s own heavily-manipulated and positively-skewed data. For example, the following chart shows that during the current boom* the year-over-year growth rate of real GDP peaked at only 3.3% and has averaged only about 2.0%. Monday, August 21, 2017 |
|
 | Warren Bevan - Precious Metals Stock Review |
| Palladium Pushes Into New Highs |
| By Warren BevanMore volatility is the name of summer trading.Large moves are coming out of nowhere as the US government crumbles around us.Enjoy the show as much as it’s possible since we will likely never see anything like it again, at least that is my hope.Stocks remain choppy and fast moving so I’m very cautious.Metals are also wild and trying, but failing, then trying, and failing to move into a bullish posture.Except of course Palladium, who’s looking at blue skies. Gold lost just 0.19% in Sunday, August 20, 2017 |
|
| Mac Slavo - ShtfPlan |
| NASA’S Risky Plan To Save US From Yellowstone |
| Government officials have been closely monitoring the activity in the Yellowstone caldera. However, scientists at NASA have now come up with an incredibly risky plan to save the United States from the super volcano.
A NASA scientist has spoken out about the true threat of super volcanoes and the risky methods that could be used to prevent a devastating eruption. Lying beneath the tranquil and beautiful settings of Yellowstone National Park in the US lies an enormous magma chamber, called a caldSaturday, August 19, 2017 |
|
| Mac Slavo - ShtfPlan |
| Art Of The Deal Coauthor Says Trump Will Resign By End Of The Year: “Presidency Is Effectively Over… The Circle Is Closing At Blinding Speed” |
| Tony Schwartz, the man who co-authored Art of the Deal with Donald Trump in 1987, now says that the President will likely resign before the end of the year.
In a series of Tweets earlier this week Schwartz showed his disdain for the President and echoed the sentiments of top Democrats who have claimed that Trump will either be impeached or voluntarily step away from the Presidency:
I said some time ago I wasn’t going to tweet about Trump anymore. He hadn’t yet raised the stakes to the point of Saturday, August 19, 2017 |
|
 | Ronan Manly - Bullion Star |
| BullionStar quoted in Wall Street Journal article on New York Fed gold |
| On August 10, the Wall Street Journal (WSJ) published an article about the Federal Reserve Bank of New York (FRBNY) custody gold and the NY Fed’s gold vault. This vault is located under the New York Fed’s headquarters at 33 Liberty in Manhattan, New York City.
The article, titled “The Fed Has 6,200 Tons of Gold in a Manhattan Basement – Or Does It?”, can be read on the subscription only WSJ site here, but is also viewable in full on both the Fox News Business and MorningStar websites, here and hSaturday, August 19, 2017 |
|
 | Hugo Salinas Price - Plata.com |
'There Is No Cure for this Disease...'  |
| In 1934, through the Gold Reserve Act, President Roosevelt devalued the dollar from $20.67 dollars per ounce, to $35 dollars per ounce.
The devaluation was excessive, meaning that at $35 dollars per ounce, the world considered that it would rather own American dollars - as undervalued - rather than gold; for this reason, and because of fears regarding another World War, the world shipped enormous quantities of gold to the US, in exchange for US dollars.
The consequence was that the stash of AmSaturday, August 19, 2017 |
|
 | Alasdair Macleod - Finance and Eco. |
| The fiscal benefits of free trade |
| Western governments have an overriding problem, and that is they have reached or exceeded the bounds of taxation, at a time when legally mandated welfare costs are accelerating. Treasury departments in all the welfare nations are acutely aware of this problem, to which there’s no apparent solution. The economic recovery, so consistently forecast since the great financial crisis, has hardly materialised and has added to the problem.There is, if treasury economists could only understand it, a soluSaturday, August 19, 2017 |
|
 | Jason Hamlin - Gold Stock Bull |
| Bitcoin Hits High of $4,500, Dash in Apple App Store, ICOs Continue Upward Trend |
| Weekly Price Action in Bitcoin, Ethereum, and Alt-Coins
The price of Bitcoin (BTC) has hit a new all-time high recently going above $4,500. The popular cryptocurrency reached beyond previous records set earlier this week and beyond most people have predicted in a short-time. Ultimately, the price peaked out at $4,510 just after a previous top reading of $4,387.
Today the currency settled in a trading range near $4,000. The gains happened amid continued bullish sentiment throughout the crypto indSaturday, August 19, 2017 |
|
 | Adam Hamilton - Zealllc |
| Gold Miners’ Q2’17 Fundamentals |
| The
gold miners’ stocks have spent months adrift, cast off in the long
shadow of the Trumphoria stock-market rally. This vexing
consolidation has left a wasteland of popular bearishness. But once
a quarter earnings season arrives, bright fundamental sunlight
dispelling the obscuring sentiment fogs. The major gold miners’
just-reported Q2’17 results prove this sector remains strong
fundamentally, and super-undervalued.
Four
times a year publicly-traded companFriday, August 18, 2017 |
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