| |
| Mining stocks from the past |
| Keystone Holy Terror Gold Mining Company |
| Tuesday, September 19, 2017 |
|
 | Chris Powell - GATA |
| Dave Kranzler: Why is the BIS flooding the system with gold? |
| Gold swaps by the Bank for International Settlements, Dave Kranzler of Investment Dynamics writes today, correlate inversely with the gold price. That is, the more gold is swapped by the BIS, the more metal is made available to bullion banks for sale into the market and shipment to Asia to prevent demand there from boosting gold's price.
The recent explosive rise in gold swaps by the BIS, disclosed Saturday by GATA consultant Robert Lambourne --
http://www.gata.org/node/17646
-- "explains the cuTuesday, September 19, 2017 |
|
| Chris Powell - GATA |
| Turkey will strive to paperize 2,200 tonnes of gold in home savings |
| From Hurriyet Daily News, Istanbul
Monday, September 18, 2017
ANKARA, Turkey -- The Turkish Treasury will issue two types of bonds to attract into the economy 2,200 tons of gold stashed under mattresses, which has a market value of around 300 billion Turkish Liras, Deputy Prime Minister Mehmet Simsek has said.
"The first issuance of gold bonds and the gold-based rent certificates will begin between Oct. 2 and 6 in an attempt to benefit the economy with the under-the-mattress gold of citizens, wTuesday, September 19, 2017 |
|
 | Phoenix Capital - Gains Pains & Capital |
| A Tsunami of Inflation Has Just Appeared on the Horizon |
| Inflation is coming.
It’s taken seven years of ZIRP and over $4 trillion in QE, but the Federal Reserve has finally begun to unleash inflation.
It won’t show up in the official inflation measures like the Consumer Price Index CPI for a while. And this is intentional. The Fed knows that CPI doesn’t measure real inflation.
How do we know this?
The Fed itself published a paper back in 2002 admitting its official measures of inflation (CPI and PCE) do a horrible job of predicting future inflation. TTuesday, September 19, 2017 |
|
 | Jesse - Le Cafe Américain |
| Stocks and Precious Metals Charts - |
| "The conventional wisdom seems to be that the problems of the euro zone are, as economist Martin Feldstein once put it, 'the inevitable consequence of imposing a single currency on a very heterogeneous group of countries.'
What this commentary gets wrong, however, is that single currencies are never the product of debates about optimal economic solutions. Instead, currencies like the U.S. dollar itself are the result of political battles, where motivated actors try to centralize power.
This hTuesday, September 19, 2017 |
|
 | Chris Ciovacco - Ciovacco Capital Management |
| A Logical Approach To Investment Strategy Development |
| Professional Coaches Study The Game And Their Opponents
Successful coaches in any sport break down film to better understand the small details that lead to long-term success. The same principles can be applied to the financial markets, trading, and investing.
Michael Lombardi, who worked with NFL coach Bill Belichick for five years in Cleveland, and then during the 2014 and 2015 seasons in New England, on attention to detail via The Ringer:
Belichick treats every game like a Super Bowl; noMonday, September 18, 2017 |
|
 | Mac Slavo - ShtfPlan |
| The Equifax Hack Is The Most Disastrous Data Breach In History Because Now Hackers Have The Credit Information Of 143 Million Americans |
| This report was originally published by Michael Snyder at The Economic Collapse
Talk about a nightmare. It is being reported that criminals were able to hack into Equifax and make off with the credit information of 143 million Americans. We are talking about names, Social Security numbers, dates of birth, home addresses and even driver’s license numbers. If this data breach was an earthquake, we would be talking about a magnitude-10.0 on the identity theft scale. We have never seen anything likMonday, September 18, 2017 |
|
| Mining stocks from the past |
| The Ela Helean Gold Mining Co. |
| Monday, September 18, 2017 |
|
 | Steve Saville - Speculative Investor |
| Commodities and the Commodity Currencies |
| The Australian Dollar (A$) and the Canadian Dollar (C$) are called “commodity currencies” for a reason. The reason is that regardless of what’s happening in their associated local economies, on a multi-year basis they will usually trend in the same direction as broad-based commodity indices.
Since 2001 there have been three major rallies in the A$, each lasting about 2.5 years. These 2.5-year rallies are indicateMonday, September 18, 2017 |
|
 | James Howard Kunstler |
 Pushback  |
| A very brave law professor at the University of Pennsylvania, named Amy Wax has published the astounding argument that human beings in America would benefit from adopting “bourgeois values” and behaving accordingly. Bourgeois (Boozh-wah, for the underspeeched) may be an unfortunate term-of-art, since it came to be used as a pejorative back in the old hippie days — something that Ms. Wax might remember, since she is a Baby Boomer — but what else might you call this bundle of traditional values: hMonday, September 18, 2017 |
|
 | Keith Weiner - Monetary Metals |
| Bitcoin is Precise but not Accurate, Gold Silver Report 17 Sep 2017 |
| Previously, we have discussed the issue of a currency’s backing. From comments and emails, we realize this topic could use a bit more illumination. And there are some related concepts that should be addressed at the same time.
Let’s start with an analogy, the engineering concepts of accuracy and precision. These related words are oft-confused, but not the same thing. The former refers to how close a measurement gets to reality, and the latter refers the repeatability of the measurement. If you Monday, September 18, 2017 |
|
| Mac Slavo - ShtfPlan |
| North Korea’s Nuclear Tests Could Trigger A Super Volcano |
| Following North Korea’s sixth nuclear test, nations across the globe are ramping up defense systems and bracing for the worst. But it isn’t only radioactive risks scientists are worried about now. North Korea’s nuclear tests could disturb mountains in the Changbai range, along with the still-active Mt. Paektu, triggering the first eruption since 1903.
“I was a member of the NASA Advisory Council on Planetary Defense which studied ways for NASA to defend the planet from asteroids and comets,” exMonday, September 18, 2017 |
|
 | The Gold Report |
| Jack Chan's Weekly Precious Metals Update |
| Technical analyst Jack Chan charts the latest moves in the gold and silver markets.
Our proprietary cycle indicator is up.
Gold sector is on a long-term buy signal.
Long-term signals can last for months and years and are more suitable for investors holding for long term.
Gold sector is on a short-term buy signal.
Short-term signals can last for days and weeks, and are more suitable for traders.
Speculation favors overall higher gold prices.
$HUIMonday, September 18, 2017 |
|
 | Mish - Global Economic Analysis |
| Guaranteed Income and Living Wage Schemes Cannot Possibly Work |
| Facebook founder Mark Zuckerberg Supports Universal Basic Income.
In its basic form, universal basic income means “everyone gets a paycheck, whether they have a job or not.”
Many expect even more. They want a guaranteed “living wage”.
Useless Trials
Such schemes cannot possibly work. But that does not stop fools from trying.
For example, Finland is giving out a guaranteed monthly income of nearly $600 to 2,000 citizens.
Canada’s province of Ontario, which includes Toronto, started a pilot progMonday, September 18, 2017 |
|
| Chris Powell - GATA |
| Hugo Salinas Price: Dollar's reserve status ruined U.S. economy |
| The United States destroyed its own economy by elevating the dollar as the world reserve currency, the president of the Mexican Civic Association for Silver, Hugo Salinas Price, writes.
Once the Bretton Woods agreement in 1944 made the dollar the reserve currency and the dollar's convertibility to gold at a fixed rate was ended in 1971, Salinas Price writes, "The key for all countries was to undersell U.S. producers of whatever the rest of the world had for sale. There was no other way to obtainMonday, September 18, 2017 |
|
| Chris Powell - GATA |
| India may exclude gold from future trade agreements |
| A big spike in gold imports from countries with which India has trade agreements has caused alarm in the government, which now plans to exclude the yellow metal from such agreements in the future.
"Provisions of trade agreements have been abused to import gold at zero or lower duty," a government official said. The surge in gold imports has worsened the country’s current account deficit.
The issue has been discussed between the ministries of finance and commerce and industry, the nodal ministryMonday, September 18, 2017 |
|
| Mish - Global Economic Analysis |
| US Dollar Breakdown: What’s Next? |
| The US dollar index is down about 12% from the highs of late last year. It has broken support, no matter where you draw the trendline.
What’s Next?
No one can say for sure “what’s next”, certainly not me. But I can say that European investors need significant annual gains in US equities just to match the declining value of the US dollar.
Last week, Pater Tenebrarum at the Acting Man blog pinged me with this comment: “People underestimate how sticky currency trends are.”
Given the significance Monday, September 18, 2017 |
|
 | Jan Skoyles - GoldCore |
| Bitcoin Price Falls 40 In 3 Days Underlining Gold’s Safe Haven Credentials |
| – Bitcoin price action shows cryptos vulnerable to commentary and government policies
– Bitcoin falls to low of $2,980, down by $1,000 in week as China flexes muscles
– Volatility major issue: In 3 days btc fell 40% before bouncing 25% off lows
– BIS state risks of cryptos cannot yet be fully assessed and says technology still unproven
– Apple and Google developing a payment API for cryptos – may give governments full oversight
– Bitcoin and cryptos current volatility and exposure to governmentsMonday, September 18, 2017 |
|
| Phoenix Capital - Gains Pains & Capital |
| Is the Difference Now Permanent? |
| From the Slope of Hope: I will start off with a chart that, in a sea of tens of thousands of charts, stood out as shocking:
What the chart represents is the percentage drop from whatever the record high was. In other words, it shows the percentage loss a person would have had if they had bought at the highest point in the history of the market.
What stunned me about the chart was how for nearly half a decade stocks have been absolutely "pinned" to the top. There was a tiny dip in late 2015, butSunday, September 17, 2017 |
|
| Chris Powell - GATA |
| Bullion Star: Gold demand within the Chinese gold market |
| Bullion Star this week presents a primer on gold demand in China, arguing that it is far larger than the demand calculated by the World Gold Council. Bullion Star's report is headlined "Gold Demand within the Chinese Gold Market" and it's posted here:
https://www.bullionstar.com/gold-university/gold-demand-within-the-chine...Sunday, September 17, 2017 |
|
|
