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| RATIOS & INDEXES |
| Gold / Silver | 63.05 |
| Gold / Oil | 13.88 |
| Dowjones / Gold | 11.20 |
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 | Articles related to Pyramid |  |
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 | Jesse - Le Café Américain |
Comex Gold Registered Ounces Available Nearing All Time Low - The Risk of Rehypothecation  |
| 'What has been will be, what has been done will be done; there is nothing new under the sun.'
Ecclesiastes 1:9
"The commercial world is very frequently put into confusion by the bankruptcy of merchants that assumed the splendour of wealth only to obtain the privilege of trading with the stock of other men, and of contracting debts which nothing but lucky casualties could enable them to pay; till after having supported their appearance a while by tumultuary magnificence of boundless traffic, tThursday, June 06, 2013 |
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 | Mish - Global Economic Analysis |
| Evolution of Spanish Public Debt and Pension Promises |
| Inquiring minds may be interested in a chart of Spanish public debt over time to see how the policies of Spain and the Troika are working out in practice.
Evolution of Spanish Public Debt Over Time
I picked that chart up from estrategiastendencias.
My stab at a translation of text regarding public debt reads "Spanish banks are deluded. They must think we are going to save them from the assets that they have purchased."
Pension Benefits Need to Drop 22-45%
Regarding pensions, here is a MMonday, May 27, 2013 |
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| Jesse - Le Café Américain |
| Gold Supply and Short Positions on the Comex: Option Expiration Next Week |
| "Let Ahab beware of Ahab."
Herman Melville, Moby Dick
As a reminder, next Tuesday the 28th is an option expiration on the Comex in the precious metals.
The set up in the market is interesting. I wonder who, net-net, is really holding the big physical short underpinning that inverted pyramid of paper?
Qui est le trompeur trompé?
"A baited banker thus desponds,
From his own hand foresees his fall,
They have his soul, who have his bonds;
'Tis like the writing on the wall...
"When otherWednesday, May 22, 2013 |
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| Jesse - Le Café Américain |
Paper Gold, Metal Gold - When Worlds Diverge  |
| "Price discovery is not a sexy function of markets, but it is critical to the efficient allocation of scarce capital and resources, and to the preservation of the long term wealth of investors and the economy as a whole. If price discovery is compromised by manipulation, then we will all be gradually impoverished and the economy will be imbalanced and unstable."
London Banker, Lies, Damn Lies, and Libor
There are a number of ways to account for it, but this divergence between 'market prices' aSaturday, May 18, 2013 |
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 | Antal E. Fekete - Gold University |
| Gotterdammerung |
| Wagner's opera Gotterdämmerung is about the twighlight of pagan gods. The most powerful of the latter-day pagan gods that has been guiding the destinies of humanity for the past two-score of years is Irredeemable Debt. Before August 14, 1971, debts were obligations, and the word "bond" was to mean literally what it said: the opposite of freedom. The privilege of issuing debt had a countervailing responsibility: that of repayment.Friday, May 03, 2013 |
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 | Stewart Thomson - Graceland Update |
| Gold Price Is Stabilizing |
| Graceland Updates 1.Many economists believe the price of gold has fallen because institutional investors have become more interested in owning the general stock market.2.May is a time when institutional investors often sell stocks.Please click here now.An ominous head & shoulders top pattern appears to be forming on the Dow.3.?If you look at the economic growth story, it?s just not really there? ?David Bloom, head of FOREX for HSBC, April 23, 2013.4.Gold imports in India are surging."Imports havThursday, April 25, 2013 |
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 | FoFOA |
| All Paper is STILL a short position on gold |
| The gold derivatives pyramid is a vigorous free market creature. It cannot be put down with a simple declaration that the paper is no longer redeemable in gold, as governments did with currency. It is a short selling scheme that has become a trap from which few short sellers will escapeThursday, April 25, 2013 |
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 | Mickey Fulp - Mercenary Geologist |
| If You Keep Your Money with the Banksters, They are LOL. |
| O Gold!I still prefer thee unto paper, Which makes bank credit like a bark ofvapour.Lord Byron, 1815.
It was 1:30 am on Thursday March 28 on the West Coast of North America. Still jet-lagged a week following my return from Asia, I awoke after a mere three hours sleep to an epiphany.
The thought evidently coincided with the time thatbanksters in Cyprus braced for a run on reserves.Monday, April 22, 2013 |
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 | Richard Mills - Ahead of the Herd |
| Buying Dead Flowers |
| In
Institutional investors tend to prefer investments that are thought to contain the potential for growth, growth = sprouts. An investment has to produce a growing revenue stream - if it doesn’t grow it doesn’t compound.
Silver and gold are rejected as investments because they don’t produce sprouts, meaning the steady income and systematicMonday, April 15, 2013 |
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 | David Galland - Casey Research |
| Big Brother's Beginnings |
| Befitting its status as a "classic," George Orwell's 1984 is frequently mentioned by practitioners of the written arts, usually in a context such as, "Reminiscent of Orwell's 1984, the US government today revealed plans for more scanning of private Web traffic, email."Actually, the energetic referencing of Orwell's most dystopian of works – which is saying something – has caused it to transcend the realm of a mere classic, enshrining it as a cliché.The reason for said overuse is thatSunday, April 07, 2013 |
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 | Justice Litle - Taipan Publishing |
| The Next Stage in the Financial Crisis Starts Here |
| As part of a €10 million rescue deal, the European Union, the European Central Bank and the International Monetary Fund have decided to burn depositors in Cypriot banks.
Depositors with less than €100,000 face a 6.75% levy on their accounts. Depositors with accounts over that threshold face a 9.9% loss.
These institutions are run by clowns with matches. And their antics are taking place near tankers filled with kerosene.
The authorities argue that Cyprus is a "special case." That's because, in aThursday, March 21, 2013 |
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 | Mark O'Byrne - gold.ie |
| A beginner's guide to investing in Gold |
| One’s motivation for buying gold is fundamental to deciding in which form you should buy it. Are you a speculator, investor or saver? Do you wish to take a short term speculative position in gold? Are you investing for the short, medium or long term? Or are you diversifying, saving or using gold as a form of financial insurance?Tuesday, March 19, 2013 |
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| Stewart Thomson - Graceland Update |
| Chairman Bernanke: Thumbs Up For Gold? |
| Just Like That, Safe Havens Are Back in Favor? ? CNBC news, Feb 26, 2013.The Italian election results are in, and stocks have sold off hard. 2.Please click here now.You are looking at the weekly chart for the Dow. Make sure you double-click on the image to fully expand it. Hedge fund managers seem to be engaged in a competition, to see who can talk their short-weighted book with the most gusto.3.A decline of just a few hundred Dow points can make a leveraged hedge fund a lotWednesday, February 27, 2013 |
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 | Darryl Robert Schoon - Survive the Crisis |
| Soothsayers, Naysayers and Ostriches |
| Someday we're going to owe Chicken Little an apology. January 2013, US stock markets are at record highs, the volatility index, the VIX, is as quiet as a dormant caldera and hope the US economy is recovering is growing again as it has every January since 2010.Dow, S&P close at five-year highs; VIX plunges near 12CNBC, January 18, 2012?It?s darkest before the dawn? is a saying often used to rally the dispirited. The opposite sentiment, ?it?s brightest before the night?, instead cautions that unqualSaturday, January 26, 2013 |
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 | Deepcaster |
| Exposés Redux |
| ?Knowing Key Truths, especially those hidden by Officialdom for their own Economic or Political Benefit, is a Necessary, but not Sufficient, Condition for Successful Investing. Therefore, Periodic Exposés of Hidden Truths is Essential.?DeepcasterOne Key Truth relating to Gold, and thus to the Soundness or lack thereof of our Fiat Currencies and Financial System, is that there is a Serious Question regarding whether Major Western Banks and Governments actually have all the Gold they say they do.Saturday, January 19, 2013 |
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 | Captain Hook - Treasure Chest |
| Rapa Nui |
| Rapa Nui, which is also know as Easter Island, is a living exemplar of why our bloated modern day society should be concerned about the future, where it appears we have failed to learn from the past ? yet again. Because just like the early Rapanui people, who in a mass mania to have ever-grander Moai Statues self-extinguished both their habitat and society, we too, have fallen pray to false gods and materialism, only on a far greater and obviously more profound scale. In the case of the RapanuiFriday, January 18, 2013 |
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 | Chris Powell - GATA |
| Ambrose Evans-Pritchard: A new gold standard is being born |
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The world is moving step by step towards a de-facto gold standard, without any meetings of G20 leaders to announce the idea or bless the project.
Some readers will already have seen the GFMS Gold Survey for 2012 that reported that central banks around the world bought more bullion last year in terms of tonnage than at any time in almost half a ceFriday, January 18, 2013 |
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 | Paul Tustain - Bullion Vault |
| Fractional Reserve Banking: The Source of All Evil? |
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I'm getting very suspicious of anything which regulators think is "safe" collateral...
Fractional Reserve Banking is not responsible for the bad practice of 'creating money', writes Paul Tustain, founder and CEO of BullionVault.
It is a speed limit on moneycreation, put in place by a Central Bank to stop banks doing too much of what comes naturally to them.Saturday, January 12, 2013 |
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