| |
| 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 |
|
 | Stewart Thomson - Graceland Update |
| Gold Stocks: Good Times Are Near |
| Graceland Updates By Stewart Thomson1.After rallying almost $100 an ounce from the July lows of about $1210 (basis December futures), gold is consolidating its gains.2.Fundamentally, there isn’t much immediate time frame news from either the fear trade or the love trade.That’s the root cause of this sideways price action, and its healthy.3.To get some technical perspective on the consolidation, please click here now. Double-click to enlarge this short term gold chart.4.A small head and shouldersTuesday, 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 |
|
| Sprott Money |
| The IMF overlooked more than 3.000 ton gold from 2009 till 2015 |
| In their
annual report 2015 the IMF stated that the world official holdings in gold are 30.506
ton (
980.800.000
ounces
) as per 2009. This is very remarkable, because in
their annual report 2014 the world official holdings in gold were 27.346 ton (
879.200.000 ounces).
In the annual report 2015 there is no explanation for the difference of 3.160
ton (
101.600.000
ounces
) with a retrospective effect to 2009.So in 2015
the official gold holdings 2009 appear to be 3.160 ton higher than befTuesday, August 22, 2017 |
|
| Bullion Vault |
| Gold Price makes Small Recovery in Wake of Political/Geopolitical Uncertainty, while the Market Closely Watches Jackson Hole |
| GOLD PRICES edged 0.3 percent higher on Monday lunch time, after falling $15 from $1300 per ounce last Friday, as news broke that President Trump’s chief strategist Steve Bannon had left his position at the White House. $1300 per ounce was the highest gold price since the U.S. presidential election.
This latest upheaval in the Trump administration followed the resignation of several top CEOs from President Trump's Manufacturing Council, following his weak response to the CharlottesviMonday, August 21, 2017 |
|
 | 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 |
|
 | Frank Shostak |
| The Relationship Between Saving and Money |
| Conventional wisdom says that savings is the amount of money left after monetary income was used for consumer outlays. Hence, for a given consumer outlays an increase in money income implies more saving and thus more funding for investment. This in turn sets the platform for higher economic growth.Following this logic, one could also establish that increases in money supply are beneficial to the entire process of capital formation and economic growth. (Note increases in money supply result in inMonday, August 21, 2017 |
|
 | Jesse - Le Cafe Américain |
| Stocks and Precious Metals Charts - |
| "What has become of King Don Juan?
And the Princes of Aragon,
What has become of any of them?
What remains of our handsome nobility?
And of the many fads and fashions
They brought with them?
What remains of their jousts and tournaments,
Gilded ornamentations, fancy embroideries
And feathered tops?
Was all this insignificant waste?
Was it anything but a season's fleeting touch of green on the fields?"
Jorge Manrique
"To some who were confident of their own righteousness and achievements, and aSunday, August 20, 2017 |
|
 | Egon von Greyerz - Matterhorn AM |
| RISK ON: WAR, ECONOMY, DEBT, DOLLAR – RISK OFF: GOLD |
| Totally irresponsible policies by Governments and Central Banks have created the most dangerous situation that the world has ever experienced. Risk doesn’t arise quickly as the result of a single action or event. No, risk of the magnitude that the world is experiencing today is the result of many years or decades of economic mismanagement.
Cycles are normal in nature and in the world economy. And cycles that are the result of the laws of nature normally play out in an orderly fashion without extSaturday, 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 |
|
 | Phoenix Capital - Gains Pains & Capital |
| Preparing for Zombie Apocalypse for less than $1,200 in just one weekend |
| You think that after watching all the wonders of modern warfare fall flat on their high-tech hyper ass, that after watching three months of the Great Panic and watching everything you knew as reality be eaten alive by an enemy that wasn't even supposed to exist that you're gonna keep a cool fucking head and a steady fucking trigger finger?
-World War Z: An Oral History of the Zombie War, by Max Brooks.
Little money? Big fear?
You may have already read my ZH article...
...Guide for Those wSaturday, August 19, 2017 |
|
| Sprott Money |
 Debt, Dollars, DOW, War, Silver, and Shirts |
| Yes, they are
connected.
Dollars are created as debt.
More dollars in circulation = more debt.
More debt means consumption is “pulled forward” from the
future so consumption can occur now.
This usually ends badly.
Commercial banks and central banks have created trillions of
new dollars. Each new dollar devalues every other dollar currently in
circulation, in savings, and in pension accounts. Prices rise!
Wars are costly, kill people and produce little. Governments like wars because tFriday, August 18, 2017 |
|
 | Nathan Lewis - New World Economics |
| It’s Getting Uncomfortable in the Prices, Interest Money Box |
| We’ve been talking about The Midas Paradox (2015), by Scott Sumner.
July 23, 2017: The Midas Paradox (2015), by Scott Sumner
July 31, 2017: The Midas Paradox #2: Blame Gold
August 3, 2017: The Midas Paradox #3: It’s So Because I Say It Is
August 11, 2017: The Midas Paradox #4: Much Ado About Nothing
I’ve mentioned many times the “Prices, Interest, Money Box” that economists got themselves into beginning in the 1870s, and are still in today. The result of this, regarding the Great Depression, is Friday, August 18, 2017 |
|
 | Mish - Global Economic Analysis |
| Investment Advice in Four Words: Have Patience, Avoid Bubbles |
| A relations manager for Ted Thomas reached out last week and asked: “What is your most valuable advice to people who are beginner investors so that they can get great results in the long term?”
The answer form had no formatting options. Here is a detailed response, with links.
Have Patience, Avoid Bubbles
The TINA theory (there is no alternative other than stocks and bonds) is a path to poor returns.
Cash and gold are indeed options. I discussed TINA in Median Price-to-Revenue Ratio Higher in AFriday, August 18, 2017 |
|
| Mark O'Byrne - gold.ie |
| Gold, Silver Consolidate On Last Weeks Gains, Palladium Surges 36 YTD To 16 Year High |
| – Gold and silver rise as stocks fall sharply after Barcelona attack
– Gold, silver 0.6% higher in week after last weeks 2%, 5% rise
– Palladium +36% ytd, breaks out & reaches 16 year high (chart)
– Gold to silver ratio falls to mid 75s after silver gains last week
– Perfect storm of financial and geopolitical tensions is driving safe haven demand and should see higher prices
– Weekly close over $1,300 could see gold quickly test $1,400
– Palladium at 16 year highs today; gold, silver in coming Friday, August 18, 2017 |
|
| USA GOLD - USA Gold |
| The Daily Market Report: Gold Firms as Fed and ECB Lean Dovish |
| USAGOLD/Peter Grant/08-17-17
Gold remains generally well bid after once again nearing the high for the year at 1296.06 in earlier trade. Last week’s high at 1292.05 provides an intervening barrier.
The yellow metal rebounded strongly after the FOMC minutes from the July meeting revealed heightened concern over dimming inflation prospects. Former Fed insider Danielle DiMartino-Booth categorizes the minutes as “very dovish,” which further erodes the prospects for another rate hike this year. Ms. DFriday, August 18, 2017 |
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