| |
| 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 |
|
 | Przemyslaw Radomski CFA - SunshineProfits |
| Trump, Charlottesville and Gold |
| Last week, the counter-rally against the far-right protest in Charlottesville turned into tragedy. What does it mean for the gold market?
As both the Fed and the ECB released the minutes of their last meetings, we have recently focused on monetary policy. However, the last week was also hot for Donald Trump. On August 12, there was a protest of far-right groups against the decision to remove the statue of Confederate General Robert E Lee. In response, a counter-protest was organized. But it endeTuesday, 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 |
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| 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 |
|
 | James Howard Kunstler |
 Diminishing Returns  |
| These two words are the hinge that is swinging American life — and the advanced techno-industrial world, for that matter — toward darkness. They represent an infection in the critical operations of daily life, like a metabolic disease, driving us into disorder and failure. And they are so omnipresent that we’ve failed to even notice the growing failure all around us.
Mostly, these diminishing returns are the results of our over-investments in making complex systems more complex, for instance theMonday, 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 |
|
 | The Energy Report |
| The Bear Market in Oil Continues |
| Technical analyst Jack Chan charts the latest moves in the multiyear bear market in oil and gas.
Our proprietary cycle indicator is down.
$OSX is on a major sell signal.
The trend remains down.
SummaryThe energy sector is on a major sell signal. The trend is down; the cycle is down. The multiyear bear market continues. We closed out our long-term positions early this year and that will remain the case until conditions improve.
Jack Chan is thMonday, August 21, 2017 |
|
 | Mish - Global Economic Analysis |
 Deep Subprime Auto Loan Delinquencies Reach 2007 Levels: The Next Big Short? |
| Subprime auto delinquencies have staked up so much that we are back at 2007 milestone levels.
There’s a section of the auto-loan market — known in industry parlance as deep subprime — where delinquency rates have ticked up to levels last seen in 2007, according to data compiled by credit reporting bureau Equifax.
“Performance of recent deep subprime vintages is awful,” Equifax said in a slide show on second-quarter credit trends.
Analysts have been warning for years that subprime car loans posMonday, 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 |
|
 | The Gold Report |
| Jack Chan?s Weekly Precious Metals Market Update |
| Technical analyst Jack Chan charts the latest moves in the gold and silver markets.
Our proprietary cycle indicator is up.
The 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.
The 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 is rising from a multiyear lowMonday, 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 |
|
 | 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 |
|
| 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 |
|
| James Howard Kunstler |
Total Eclipse  |
| First they came for the statues….
What do you know, long about Wednesday, August 16, 2017, House Minority Leader Nancy Pelosi (D-Cal) discovered that the United States Capitol building was infested with statues of Confederate dignitaries. Thirty years walking those marbled halls and she just noticed? Her startled announcement perked up Senator Cory Booker (D- NJ) who has been navigating those same halls only a few years. He quickly introduced a bill to blackball the offending statues. And, of coSaturday, 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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| USA GOLD - USA Gold |
| The Daily Market Report: Gold Retreats From Above $1300 |
| USAGOLD/Peter Grant/08-18-17
Gold probed briefly above $1300 in early New York trading, establishing new highs for the year, but these gains could not be sustained. The yellow metal is presently trading modestly lower on the day.
The retreat may have been simple profit taking ahead of the weekend, but the media is reporting a relief rally in risk assets on the apparent ousting of White House chief strategist Steve Bannon. While Bannon was perhaps one of the more divisive members of President TruFriday, August 18, 2017 |
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