| |
 | Mark O'Byrne - gold.ie |
| Puerto Rico Without Electricity, Wifi, ATMs Shows Importance of Cash, Gold and Silver |
| – Puerto Rico without electricity, wifi, ATMs shows importance of cash, gold and silver
– Most of Puerto Rico remains in the dark and without power three weeks after storm
– With widespread power failures, Puerto Rico remains cash only with retailers only accepting cash and few consumer having cash
– Shortages of food, fuel and medicine with infrastructure repairs delayed
– Power could be ‘out for months’ as 85% of people remain off the grid
– Around 75% of ATMs disconnected
– Electronic forms oMonday, October 16, 2017 |
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| Treasures and Gold Fever - Bix Weir |
Golden Secrets (VI) The Grand Canyon National Park...King Solomon's Mines or El Dorado?  |
| In the late 1800's and early 1900's crazy rumors started floating around the Southwest United States about Egyptian cities being found at the northern end of the Grand Canyon. The story went that while traveling down the Colorado River an explorer discovered a secret cave that was filled with egyptian artifacts, texts and ruins. In 1909, an article was written about the find in the Arizona Gazette:Monday, October 16, 2017 |
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 | Nathan Lewis - New World Economics |
 The Silliness of the Bretton Woods Years |
| We’re continuing our look into One Nation Under Gold (2017), by James Ledbetter.
October 2, 2017: One Nation Under Gold (2017), by James Ledbetter
Ledbetter glided quickly over the period from 1914 to 1931, taking up the story again in earnest with the British devaluation of 1931 and, especially, the U.S. devaluation of 1933. This was treated with some interesting detail. However, Ledbetter made almost no mention of the fact that the U.S. returned to gold at the beginning of 1934 at $35/oz., andMonday, October 16, 2017 |
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 | Przemyslaw Radomski CFA - SunshineProfits |
| FOMC Minutes from September 2017 Meeting and Gold |
| Yesterday, the minutes of the Federal Reserve’s September meeting were released. What do they say about the Fed’s stance and what do they mean for the gold market?
How can we summarize the recent FOMC minutes? As earlier this year, the FOMC members agreed that “the labor market had continued to strengthen and that economic activity had been rising moderately so far this year”. The U.S. central bankers also noted that the economic impact of recent hurricanes would only be short-lived. But the mosThursday, October 12, 2017 |
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| Bullion Vault |
| Gold Price Hits 2-Week Dollar, Euro High Ahead of Catalan 'Independence' as Shanghai Premium Leaps, Turkish Lira Sinks |
| The GOLD PRICE touched 2-week highs for Dollar and Euro investors on Tuesday, extending the metal's rally from Friday's 8-week low to 2.4% as world stock markets slipped further from last week's new record high.
Major government bond prices also slipped with stocks, edging yields higher.
Betting on the likelihood of a US interest-rate rise when the Federal Reserve meets in December
Thursday, October 12, 2017 |
|
 | Andy Hoffman - Miles Franklin |
| Print till it Dies |
| The US Dollar has had a wonderful run in its life time. Not too many fiat currencies have had the ability to sustain its usage for as long as this mighty experiment has and all who have reported on this instrument of trade are pretty much pointing to the same outcome that it can’t last much longer.
Today, the US Dollar trade sits at 93.55 down 8.6 points in the early morning on this Columbus Day. Not too long ago the dollar broke thru a multiyear downside target of 91.88 which originally happeneWednesday, October 11, 2017 |
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| Mark O'Byrne - gold.ie |
| Perth Mint Gold Coins Sales Double In September |
| – Perth Mint gold coins see sales double on month in September
– Perth Mint silver bullion coin sales surge 78% in September
– Perth Mint sold 46,415 ounces of gold in September
– Nearly six times more gold coins sold at Perth Mint than U.S. Mint in September
– Sales surge at Perth Mint from low base; could indicate trend change and higher demand in coming months
Click image to enlarge
From Reuters:
The Perth Mint’s sales of gold products doubled in September from a month earlier, while silver Monday, October 9, 2017 |
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| Bullion Vault |
| Gold Bars +2.6 for Week So Far as US Fed Dents Dollar, T-Bond Correlation Grows Ever-Stronger |
| GOLD BARS traded in London's wholesale market rose sharply early Thursday as the Dollar fell on the currency market following 'dovish' comments in the US Federal Reserve's latest policy-meeting notes.
The greenback then rallied and gold slipped to $1292 per ounce after new data showed US producer price inflation beating analyst forecasts for September with a 2.6% annual rate.
Minutes from the FeMonday, October 9, 2017 |
|
 | Chris Martenson |
| Betrayal! |
| Let me apologize in advance for what may be an upsetting piece of writing for some of you. If you're in a state of shock or exhaustion from recent events, perhaps you should skip this one.
I don't offer this analysis in order to further distress anyone -- but until you understand what is happening and how that influences your psychological state, you'll remain the emotional equivalent of a rag doll shaken to-and-fro by events.
Such understanding may not bring you to a place of calm acceptance. BMonday, October 9, 2017 |
|
 | Charleston Voice |
Death Penalty for Debasing Currency: US Coinage Act of 1792  |
| As most of you know much of our current law was based on English case law. Hence, this was the Royal Mint's disposition of counterfeiters and forgers. Themethods employed for carrying out the death penalty are appropriate eventoday.:
SOLOMON IDSWELL, Deception > forgery, 20th May 1795.
Reference Number:t17950520-26
Offence: Deception >forgery
Verdict: Guilty
Punishment: Death
Are Counterfeiting and Treason any less painful a crime upon the people today? We vote "Nay!" Hasn't our central government stolen real money by bank note deception and broken sworn promises ofredeemability from the American people and their foreign trading partners? And haven't our current leaders and appointees past and present lied knowingly to perpetuate thesecrimes ?Tothis,we vote "Yea!" onboth charges.Sunday, October 8, 2017 |
|
 | Frank Shostak |
| Inflation's Not the Only Way Easy Money Destroys Wealth |
| The US Federal Reserve can keep stimulating the US economy because inflation is posing little threat, Federal Reserve Bank of Minneapolis President Kocherlakota said. “I am expecting an inflation rate to run below two percent for the next four years, through 2018,” he said. “That means there is more room for monetary policy to be helpful in terms of … boosting demand without running up against generating too much inflation.”
The yearly rate of growth of the official consumer price index (CPI) sSaturday, October 7, 2017 |
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| Bullion Vault |
| Gold Price Sinks, Platinum -11 in 4 Weeks as Stocks Up, Vix Down to Record, US Fed 'Pencils In' Rate Hike |
| GOLD PRICES sank to 8-week lows against a rising Dollar on Friday as yesterday's fresh all-time highs in global equities were followed by US data showing joblessness in the world's largest economy falling to a fresh 16-year low.
"I have
penciled in a third rate hike in December," said Federal Reserve voting member Patrick Harker to CNBC on Thursday, "[although] we have to see how the inflation dynamics play out."
Friday, October 6, 2017 |
|
 | Adrian Ash - Bullion Vault |
| The Guild of Thrall: Warsh Fed Edition |
| Measured and authoritative. So there...
SO WHAT qualities might Donald Trump want in the next chair of the Federal Reserve?
asks Adrian Ash at BullionVault.
"We'll do whatever we can do to
prevent Kevin Warsh from taking on the role," says Jennifer Epps-Addison, president of the self-declared 'pro-worker, pro-immigrant'
Center for Popular DemocrFriday, October 6, 2017 |
|
 | Antal E. Fekete - Gold University |
| The Supply of Oxen at the IMF |
| .Friday, October 6, 2017 |
|
 | Axel Merk - Merk Fund |
| Tax Reform: Implications for Gold |
| Axel Merk, Merk Investments
October 4, 2017
Follow @AxelMerk Tweet
Last week, I got several calls asking me how U.S. tax reform will impact the price of gold. If you can answer this question, you might be able to answer how tax reform will impact other assets. Let me explain.
If you were to analyze the impact of any tax changes on any asset, you have two sets of dynamics to consider: those of the tax reform and thosWednesday, October 4, 2017 |
|
 | George F. Smith - Barbarous Relic |
| Were Americans ever fit for stateless government? |
| Jacob Hornberger recently posted an article discussing his reasons why he considers the advent of the US national security state to be the worst thing the government has ever done.Bad as they are, the income tax, the federal reserve act, and government schooling don’t come close.His reason: The US national security state has “the power to kill Americans (and others) without risk of any criminal or civil liability. . . . All that US officials have to do is relate the killing to ‘national securityWednesday, October 4, 2017 |
|
 | Chris Powell - GATA |
| HSBC, Deutsche Bank pay penalties for FX rate manipulation |
| Two major foreign banks, HSBC Holdings plc HSBC and Deutsche Bank AG DB , resolved legacy business misconduct matters in the United States. The banks were accused of rigging foreign exchange (FX) rates.
HSBC was fined $175 million for its "unsafe and unsound practices in its foreign exchange trading business" by the Federal Reserve. The bank was accused of failure of oversight and internal control of its FX traders who buy/sell currencies "for the firm's own accounts and for customers."
The Tuesday, October 3, 2017 |
|
 | Jordan Roy Byrne - The Daily Gold |
| Precious Metals Monthly Charts |
| By Jordan Roy-Byrne CMT, MFTAThe precious metals sector started September with a bang. Gold, which had already eclipsed $1300/oz, pushed to $1360/oz while Silver broke its downtrend line (from its late 2012 and 2016 peaks). Unfortunately, precious metals would soon reverse course and more. Gold ended September down nearly 3% and below $1300/oz. Silver lost 5% and its breakout. The gold mining indices (GDX, GDXJ, HUI) lost 7% to 8%. The monthly charts argue the major breakout from multi-year bottTuesday, October 3, 2017 |
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| Bullion Vault |
| Gold's Dollar Link Strongest in 2 Years Amid 'Warsh Fed' Talk, Investing via GLD Shrinks 1st Time Since Sept' Peak |
| GOLD INVESTING prices fell to new 7-week lows against a rising Dollar on Tuesday in London but held little changed against other major currencies as world stock markets rose and debate raged over who US President Trump will appoint as chair of the Federal Reserve.
Asian equities (ex-China, shut all week for National Day) gained after New York's S&P index set a third record-high close in succession overnight.
Tuesday, October 3, 2017 |
|
| Nathan Lewis - New World Economics |
| One Nation Under Gold (2017), by James Ledbetter |
| One Nation Under Gold (2017), by James Ledbetter, is, pretty much, a gold-bashing exercise. I think it is propaganda: that is to say, not a forthright expression of an individual’s independent and informed view, but an intentional effort to mold public opinion to serve certain agendas. The tone and method is very much like The Power of Gold: the History of an Obsession, by Peter Bernstein, seventeen years earlier — so similar, indeed, that it sometimes seems that it could have come from the sameTuesday, October 3, 2017 |
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