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| RATIOS & INDEXES |
| Gold / Silver | 62.44 |
| Gold / Oil | 12.51 |
| Dowjones / Gold | 13.10 |
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 | Most read |  |
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 | Ron Paul |
 What The Media Won't Report About Malaysian Airlines Flight MH17  |
| Just days after the tragic crash of a Malaysian Airlines flight over eastern
Ukraine, Western politicians and media joined together to gain the maximum
propaganda value from the disaster. It had to be Russia; it had to be Putin,
they said. President Obama held a press conference to claim - even before an
investigation - that it was pro-Russian rebels in the region who were responsible.
His ambassador to the UN, Samantha Power, did the same at the UN Security Council
- just one day afMonday, July 21, 2014 |
|
 | Egon von Greyerz - Matterhorn AM |
Gold Manipulators are Desperate  |
| With virtually empty gold vaults, the central banks and bullion banks are now becoming desperate.
The action we are seeing in the paper gold market with the recent $50 takedown is yet more proof of the corner that the gold manipulators have put themselves into by having virtually no physical gold left.
A rising gold price is dangerous for the manipulators. This would inevitably lead to more physical demand, something that would be disastrous for the manipulators. As the holders of paper gold bSaturday, July 19, 2014 |
|
 | Rick Ackerman |
 How Will It All End?  |
| How do you see the economic endgame playing out for the U.S. and the world? That’s this week’s discussion topic, and although some in this forum will undoubtedly lean toward the Armageddon scenario, we should always leave room to imagine a far sunnier outcome, such as a Second Great Depression deeper than the Mindanao Trench. I want you to have fun with this one, so set your minds free before you set pen to paper. My own outlook falls somewhere in-between, tempered by the perhaps misplaced hopMonday, July 21, 2014 |
|
 | Jesse - Le Cafe Américain |
| Nanex: The Market Is Rigged, With Details |
| Oh no, this could not possibly be correct, say the trolls, shills, revolving door careerists, media carnival barkers, and conmen's assistants.
This does not only apply to very large orders in excess of 10,000 shares. I have seen the same type of activity in smaller markets with orders of only a few thousand shares. Anyone who has Level 2 access can see it if they look closely enough.
These pampered princes of Wall Street are steadily degrading the markets, and distorting and taxing the realThursday, July 17, 2014 |
|
 | Jeffrey Lewis |
| Silver Before it’s Too Late |
| The ongoing plight of the long term value investor continues - seemingly without end. However, decades of exuberance and greed have colluded. The financial establishment has created an accident waiting to happen. The mainstream has not "priced in" risk, which makes it even harder to travel the road less traveled.And once the accident happens, it may be too late.If silver prices were to suddenly move back toward natural price equilibrium, there would naturally (not always the best thing) be a rusSunday, July 20, 2014 |
|
 | James Howard Kunstler |
 War Zones |
| I srael’s Prime Minister Benjamin Netanyahu summed it up the other day when he said, “We use our rockets to protect our women and children; they [Hamas] use their women and children to protect their rockets.”
Some time ago, the Left adopted the Palestinians as their pet oppressed minority group so there is nothing that Israel might do that will be okay with them, except to commit suicide, that is, cease to exist — which is the stated policy of Hamas. Every time Israel refuses the suggestion thatTuesday, July 22, 2014 |
|
 | Mac Slavo - Shtfplan |
 They Will Take Everything If You Don’t Stop Them: Ten Things You Must Do To Defend Yourself |
| They will take everything if you don't stop them :Ten Things You Must Do To Defend Yourself
At first glance a statement like this brings up thoughts of the government coming for all freedom seeking people. In actuality this is about your neighbors and those in your community that will ruthlessly mob up and literally storm your own home for what you have after a long drawn out disaster, perhaps sooner.Thursday, July 17, 2014 |
|
| Jesse - Le Cafe Américain |
 Thom Hartmann: The Crash of 2016 |
| This is a view of how we got here and where we are going that you are unlikely to hear from the mainstream media.Monday, July 21, 2014 |
|
 | Bron Suchecki - Perth Mint |
| How Eastern Gold Demand Is Transforming The Gold Market |
| GoldSilverWorlds has a good post up summarising my tweets and Al Korelin interview about the LBMA Forum in Singapore. Below are some additional notes I took which I didn't tweet or talk about.
Zhang Bing Nan of China Gold Association (view his slides here) when asked about the West to East flow gave what I think is a classic Chinese answer: the globe is round so what is East and what is West, which got a laugh. Other comments:
no matter who you lend your dollars to it is not safe; not the sameThursday, July 17, 2014 |
|
 | Jeff Clark - Casey Research |
| Gold : Western Delusions vs. Chinese Realities |
| I don’t want to say that mainstream analysts are stupid when it comes to China’s gold habits, but I did look up how to say that word in Chinese…
One report claims, for example, that gold demand in China is down because the yuan has fallen and made the metal more expensive in the country. Sounds reasonable, and it has a grain of truth to it. But as you’ll see below, it completely misses the bigger picture, because it overlooks a major development with how the country now imports precious metalsTuesday, July 22, 2014 |
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| Jeffrey Lewis |
| The Perfect Crime and the Plight of the Modern Silverite |
| Silver is not just any old commodity. It is old money. Despite massive efforts and price fixing, clipping and manipulation, it has remained central to monetary and political systems for centuries. Today it is small and relatively dark in the context of modern investing.Desperate times call for desperate measures. And the desperation to buy and hold metal should simply be proportional to the desperation of the will of the monetary powers to maintain the status quo.Here's a quote from ZeroHedge thThursday, July 17, 2014 |
|
 | Andy Hoffman - Miles Franklin |
| The Road To Hyperinflation In Simple Pictures |
| THE ROAD TO HYPERINFLATION, IN SIMPLE PICTURES
Sometimes, even the most poetic, concise text doesn’t do justice to simple graphics. Sure, I could write of this weekend’s dangerous expansion of “Cold War II” – which we can only pray doesn’t turn “hot”; or the most pitched Israel/Hamas battles, yielding 450 casualties, since the 1967 war. Heck, I could write entire articles on a half dozen topics related to Friday’s “horrible headlines” alone; from St. Louis Fed President Bullard warning of a U.S.Tuesday, July 22, 2014 |
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 | John Rubino - Dollar Collapse |
| Edward Snowden Towers Over His Enemies |
| The Guardian just ran an interview with Edward Snowden, the former NSA contractor
who blew the whistle on perhaps the most extensive secret spying program in
human history and is now a man without a country, very much in danger of assassination
or rendition or any number of other nasty things should Washington get ahold
of him.
It's a short interview, just 14 minutes, but by the end it is clear that this
guy is vastly smarter and more interesting than the politicians and bureaucrats
Saturday, July 19, 2014 |
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| Jesse - Le Cafe Américain |
| Gold Daily and Silver Weekly Charts - Sleepwalking To a Wipeout |
| Word has it that Goldcorp is eyeing Newmont (at these price levels and reserves) with covetous eyes. Can't say I would blame them.
Markets shook off the scare of a new cold to medium warm war yesterday as conflicts took their toll on innocents in the Ukraine and in Gaza.
The beleaguered Espírito Santo International has declared bankruptcy.
The Anglo-American financial system's moral bankruptcy is already a generally recognized fait accompli, except by those caught up in the credibility trSunday, July 20, 2014 |
|
 | Mish - Global Economic Analysis |
| Video of MH17 Hit by Missile; Update ... |
| Reader David sent an email and accompanying video that purportedly shows the Malaysian Flight 17 being hit by missile. Let's take a look.
David Writes ...
It appears as if the right engine and wing area took the hit. The camera operator is able to record the moment of impact in the first 2 seconds of this clip. Note the smoke burst left behind on impact with the #2 engine area. There is a 18 second delay (speed of sound delay) due to the distance and altitude of the explosion. Question: HowSunday, July 20, 2014 |
|
| John Rubino - Dollar Collapse |
| They’re Lying To Us, Part 4: Fake Pensions |
| Most people learn by the age of 10 or so that making promises is easier than
keeping them. That's why really big promises like corporate pensions and national
retirement/health care programs are so easy to screw up. Offering someone a
cushy retirement or a lifetime of healthcare feels great and generates massive
goodwill from the recipient. So elected officials and corporate executives
tend to over-promise in the moment and leave the hard part -- actually making
good on those promiseThursday, July 17, 2014 |
|
| Jeffrey Lewis |
| Central Banks and The Dollar Hitting the BRICS |
| “We are pleased to announce the signing of the Treaty for the establishment of the BRICS Contingent Reserve Arrangement (CRA) with an initial size of US $100 billion. This arrangement will have a positive precautionary effect, help countries forestall short-term liquidity pressures, promote further BRICS cooperation, strengthen the global financial safety net and complement existing international arrangements.... The Agreement is a framework for the provision of liquidity through currency swapsWednesday, July 23, 2014 |
|
 | Chris Martenson |
| The Electrical Grid May Well Be The Next War's Battlefield |
| We talk a lot about Peak Cheap Oil as the Achilles' heel of the exponential monetary model, but the real threat to the quality of our daily lives would be a sustained loss of electrical power. Anything over a week without power for any modern nation would be a serious problem.
When the power goes out, everything just stops. For residential users, even a few hours begins to intrude heavily as melting freezers, dying cell phones, and the awkward realization that we don't remember how to play boardThursday, July 17, 2014 |
|
 | Gordon Long - Market Analytics |
| The Sub-Prime Economy: Students, Car Buyers and Retail Stores |
| Growing Sub-Prime Population
In this 28 minute video Gordon T Long and Charles Hugh Smith discuss through
the aid of 23 slides the growing sub-prime population in America. It is getting
little attention as more and more citizens are effectively being squeezed into
the category that was once termed 'sub-prime' but which is now simply the US
Economy.
The biggest increases in credit are coming the areas least able to afford
increased debt levels, who see themselves as having no other surThursday, July 17, 2014 |
|
 | James West - Midas Letter |
 Putin’s Folly: Shooting Down Malaysian Airlines Flight MH17  |
| In the ‘fog of war’, tragic mistakes are to be expected. But in the case of Malaysian Airways Flight MH17, Russian militants have attacked a civilian aircraft and essentially murdered 298 citizens of mostly European countries who have no part in the hostilities. Adding to the evidence of the malice inherent in the act, the plane was cruising at 33,000 feet when hit by a missile, according to early reports.
At this point, it is not a given that the attack was originated by the Russian side of whaSaturday, July 19, 2014 |
|
| Mish - Global Economic Analysis |
| Holier than Thou: Why Should Anyone Believe the US, Ukraine, or Russia? What is the US Attempting to |
| I am quite tired of rhetoric from the Obama administration and Kiev regarding the situation in Ukraine. Hardly any of it is believable.
Indeed, some Ukraine propaganda efforts of Kiev are so amateurish they appear as sloppy acts of desperate coverups.
If so, then it is far more likely Ukraine is the guilty party, not the separatists. If you are innocent, you do not choose such tactics.
What is the US and Kiev Attempting to Hide?
Earlier today, Obama Issued a Stern Warning to Russia coupledTuesday, July 22, 2014 |
|
| Mish - Global Economic Analysis |
 "No Perry Mason Moment": US Intelligence Admits "No Direct Evidence Linking Russia to MH17" |
| Earlier today, and several times recently, I received emails accusing me of being a Russian spy and asking me how much I was receiving from RT. I find such accusations highly amusing.
Here's the deal: Few bloggers are willing to discuss MH17 for fear of getting it wrong. Whereas I suspect nearly everything, but especially reports coming from Kiev and the US. My reasons are threefold:
There are more questions surrounding Kiev and US reports than Russian reports.
Kiev has been caught twice inWednesday, July 23, 2014 |
|
 | Ty Andros - traderview |
| The Wizards of LIBERTY Street Big Buyers in a fool's paradise |
| There is no shortage of interesting items to choose from. The world is unraveling
fast and the absurdities just keep piling up. Here are a few from the last
week...
The Wizards of LIBERTY Street
Big Buyers in a fool's paradise
Is the TOP in for European Banks?
Spanish Banks, Lying with numbers.
David Letterman's top 10 reasons to vote democrat
Huckabee and the truth about the US border crisis
The REAL cost Illegal Immigration
Militarization of the UNITED STATES
Honest AbeFriday, July 18, 2014 |
|
 | investing in precious metals - The Gold Report |
| Silver Investing Chapter 5 : Alternative Silver Investing |
| If mining stocks did not provide enough leverage, there are still other avenues that offer even more leverage than mining shares. The decision to use leverage in a precious metals purchase is a decision to accept a greater percentage of risk relative to your capital outlay.
TheWednesday, July 23, 2014 |
|
 | James Turk - Goldmoney |
| Historic Shift In The Gold & Silver Markets |
| With continued turmoil in major markets, today James Turk told King World News that we are witnessing a historic shift in the gold and silver markets. Turk also discussed what the implications of this historic shift in these markets means as well as what investors should expect next.
Click here to read the full interview on King World News.Tuesday, July 22, 2014 |
|
 | The Gold Report |
| Sean Rakhimov: Upward Trend a Silver Investor's Friend |
| The Gold Report: The Washington D.C.-based Silver Institute reports that net silver demand has exceeded net silver supply each year since 2004, with a supply deficit of 113 million ounces (113 Moz) reported in 2013. Why hasn't that trend translated into dramatically higher silver prices?
Sean Rakhimov: First, I don't put much faith in these numbers. For instance, CPM Group has somewhat different numbers. Either way, silver supply and demand have been roughly in equilibrium, in my opinion, overTuesday, July 22, 2014 |
|
| Mish - Global Economic Analysis |
| Argentina "Determined to Default" Second Time |
| Background: Argentina defaulted on bonds following a debt crisis in 2001-2002. 92% of the investors agreed to haircuts, but a vulture fund picked up an 8% share at rock bottom prices and refused to negotiate.
In June, the US Supreme Court ruled that Argentina Cannot Selectively Default on the small group of hold-outs.
The problem with the ruling is that if Argentina pays the vulture fund full value, it will have to pay all the bondholders full value, and that would wreck the country again.
Monday, July 21, 2014 |
|
| Egon von Greyerz - Matterhorn AM |
| 2008 Meltdown Revisited – There’s No Solution |
| I just had the pleasure of being interviewed by Greg Hunter of USA Watchdog.
Amongst other things we discuss the demise of the dollar which of course is timely with the announcement today of a BRICS Contingent Reserve Arrangement. Bail-ins will be the norm as the banking system fights for survival and 2008 will seem like a gentle rehearsal in relation to the calamities that we will see in fiThursday, July 17, 2014 |
|
 | Philippe Herlin - GoldBroker |
| What the $7billion Fine to Citigroup Reveals |
| The American bank Citigroup has just been condemned by the Department of Justice to pay a fine of $7billion for its role in the subprime crisis. “Citigroup knew about serious and generalised deficiencies with the more and more risky loans it was transforming into bonds” and, nevertheless, it kept on with it, explained Eric Holder, the United States’ Attorney General. The big banks are being investigated by American justice for their responsibility in the subprime crisis: JP Morgan has already paThursday, July 17, 2014 |
|
 | Chris Powell - GATA |
| New gold miner ETF avoids primary investment in Barrick |
| Looks like you can now buy a gold-mining stock exchange-traded fund without putting the biggest part of your money in Barrick Gold, the biggest gold hedger and enabler of gold price suppression, the company that 11 years ago, by virtue of its enormous hedging, claimed to be the agent of central banks in the gold market:
http://www.gata.org/node/1858
The new ETF is the Sprott Gold Miners ETF, which began trading last week. According to its announcement, the ETF is based on the Sprott Zacks Gold MTuesday, July 22, 2014 |
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