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Jim Willie CB - Hat Trick Letter
Glaring Q.E. Failure Spotted 
Sometimes pictures are far more effective in communicating an important point. They are extremely effective in undermining respect and confidence, when in the cartoon format. A sequence of graphics struck the cognitive circuits recently. Long explanations will not serve well. The US Federal Reserve has been printing money since 2011 to cover USGovt debt securities in a frenetic manner. They have lost control. They call it stimulus, when it is actually the opposite. It does assist the speculators
Thursday, April 17, 2014
Darryl Robert Schoon - Survive the Crisis
The Real Purpose of QE 
It?s Not EmploymentFree markets are a function of supply and demand whereas capital markets are a function of credit and debtThe bankers? ponzi-scheme ? which began with the distortion of free markets in 1694 when the Bank of England began issuing debt-based paper banknotes alongside the Royal Mint?s gold and silver coins ? is coming to an end. The bankers? wildly successful and long-running scheme, dependent on the uneasy equilibrium between credit and debt, has now been irrevocably destabilize
Friday, April 18, 2014
Alasdair Macleod - Finance and Eco.
Of Kings and Gold. Has China Cornered the Gold Market?
Alasdair Macleod talks about the evidence that China has amassed over 13,000 tonnes of gold, exceeding U.S. Treasury claims, and as such may have cornered the gold market. Listen to the interview with Jay Taylor on VoiceAmerica.
Monday, April 21, 2014
Wolf Richter
  What the Heck is Going on With US Treasuries In Belgium? 
The tiny country of Belgium – my beloved hunting grounds for three years a while back – with a GDP of $484 billion, a country which you can cross by bicycle in a single day if you're really fit, a country that became famous to the chagrin of some people because it did just fine for a couple of years without a national government – well, that tiny speck of land is starting to grow an enormous mountain of US Treasury Securities. In February, according to data just released by the US Treasury Depar
Thursday, April 17, 2014
Charleston Voice
  Fort Knox Looted of 7,000 Tons of Gold in 1973-1974 says 1981 Article! 
This imaged article from 1981 and excerpted commentary below it will set the landscape for the scandal that is just now unraveling before the world. To date, we have not been able to uncover any official refutations, disclaimers or denials from the USG or Federal Reserve. for larger view: To read - Enlarge Image Dr. Peter David Beter - Audio Letter No. 70. "AUDIO LETTER(R)" is a registered trademark of Audio Books, Inc., a Texas c
Thursday, April 17, 2014
Nathan Lewis - New World Economics
  How to Make Billions While Making People Happy and Saving the Planet 
Real-estate legend Sam Zell said recently that the “End of Suburbia” might be happening. Right here and now. Of course, all the suburban dreck that was built in the last six decades isn’t going to vaporize. But, in terms of new construction — in other words, the real estate development business — reproducing the postwar, automobile-dependent Suburbia pattern is a money-losing proposition. “You’re drawing all the young people in America to these 24/7 ci
Sunday, April 20, 2014
Unspinning the Spin
“Former Assistant U.S. Treasury Secretary, Paul Craig Roberts, speculates that the U.S. Government has recruited its satellite countries, like Belgium, to compensate for the ‘tapering’ being done with purchases of U.S. Treasuries by the Federal Reserve.”“U.S. recruits satellites to compensate for Fed’s ‘tapering’ Roberts tells KWN,”, 04/16/2014Indeed, “Tiny” Belgium is now the holder of the third largest Hoard of U.S. Treasuries. Fancy that!It appears the Fed’s “Tapering” is being at le
Friday, April 18, 2014
Nathan Lewis - New World Economics
  China Doesn't Need Much Gold To Create a Gold-Based Dollar ... 
Although the idea of Classical money — in practice, a gold-based currency — is not popular today in the U.S., it actually has quite a lot of support elsewhere. Both China and Russia are clearly making moves in that direction, even if perhaps in the form of contingency plans should the present dollar-based system become unusable. However, this trend has been handicapped to some degree by the notion that enormous amounts of gold bullion need to be accumulated
Tuesday, April 22, 2014
Chris Martenson
US Gas Will Never Replace Russian Gas For Europe 
Recent entreaties by various US politicians to help wean Europe off of Russian gas are simply preposterous.  The numbers don't add up, and they never will. Let's begin with the facts: 16% of natural gas consumed in Europe flows through Ukraine Mar 14, 2014 Europe, including all EU members plus Turkey, Norway, Switzerland, and the non-EU Balkan states, consumed 18.7 trillion cubic feet (Tcf) of natural gas in 2013. Russia supplied 30% (5.7 Tcf) of this volume, with a significant amount flowing
Saturday, April 19, 2014
Jesse - Le Cafe Américain
Why Gold? 85% of Pension Funds Will Go Bust in 30 Years
I have not seen the scenarios run by Bridgewater Associates, but I do have respect for their name and their work.  I would like to know their assumptions. In an inflation, stocks may do quite well, as their inflated valuations keep pace with inflation. Bonds are likely to get obliterated. In a stagflation not so much.  The Fed and the Treasury would like a modest inflation to provide a controllable dilution of debts without opening the door to a debt jubilee for the hoi polloi.  The Fed serve
Thursday, April 17, 2014
Andy Sutton
EU Officially Adopts the Bail-In? with Graham Mehl
It has now been more than a year since that fateful weekend in the Mediterranean when everything changed. However, like most of the big changes we?ve seen lately, there is a subtlety afoot that somehow results in few noticing. This should surprise no one really. How the world can change in such dramatic ways without any type of mass awakening is a topic more for the psychologists who help pull the strings and the evil they represent than for anyone involved in the analy
Friday, April 18, 2014
Wolf Richter
‘People Don't Grasp Yet What European Unification Will Cost Them’ 
In the Southern half of the Eurozone, people feel crushed because their lives and future have been sacrificed on the altar of the Holy Euro. I'm writing from the Netherlands, so from the Northern side of the Great Divide in the soon-to-be-established cozy, happy Political Union and Paradise. Here we are not suffering as much as the people in Greece, Spain, and Portugal. Not yet. But our politicians are bent on continuing on this road to a federal state which in
Monday, April 21, 2014
Egon von Greyerz - Matterhorn AM
Gold is the world’s only ultimate asset 
Stewart Thomson is the president of Graceland Investment Management Ltd. and owner of GU Trader, which is a gold futures/ETF trading service. High net worth individuals around the world follow his newsletter Graceland Updates on a daily basis, which features his technical analysis of gold and precious metals, energy and more (see: He developed the “PGEN”, which is a unique capital allocation program. It is designed to allow investors of any size to mimic the action of
Thursday, April 17, 2014
Mike Maloney - Goldsilver
Safe Deposit Boxes Are Not Safe for Silver & Gold Buyers 
Many silver and gold buyers forget one of the main reasons to buy physical silver and gold bullion today is due to the world's current fragile financial system. Some even make the mistake of buying physical bullion and then storing it in a Safe Deposit Box at their local bank.  Why is that a mistake? Safe "deposits" held within regulated bank boxes are not very safe, nor private, nor FDIC insured deposits. Here are some major drawbacks of putting bullion into Safe Deposit Boxes: - Mos
Wednesday, April 23, 2014
Ron Paul
Nevada Standoff a Symptom of Increasing Authoritarianism 
The nation's attention has for the past few weeks been riveted by a standoff in Nevada between armed federal agents and the Bundys, a ranching family who believe the federal government is exceeding its authority by accessing "fees" against ranchers who graze cattle on government lands. Outrage over the government's use of armed agents to forcibly remove the Bundys' cattle led many Americans to travel to Nevada to engage in non-violent civil disobedience in support of the family. The
Monday, April 21, 2014
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - Counting Blessings and Tender Mercies
The markets were quiet today, for a stock option expiration ahead of a three day weekend. Next Thursday there will be an option expiration on the Comex for precious metals on Thursday the 24th. I would expect it to be relatively quite since May is not a major contract month. There were more deliveries on the April contract declared, but almost no activity in the Comex warehouses. Every person must have a purpose that takes them outside of themselves.  And so I thank God for the opportunity
Sunday, April 20, 2014
Philippe Herlin - GoldBroker
IMF Confirms European Banking Sector Still Getting Worse
Let’s go back to the IMF’s Global Financial Stability Report that we mentioned last week, but this time let’s take a look at the first chapter, in the section regarding european banks (starting at page 39). And the international institution’s assessment is rather worrisome because, it says, the number of non-performing loans on the european banks’ balance sheets has doubled since 2009, going from 400 to 800 billion euros. Of course, as can be expected, most of those banks are from the most indeb
Thursday, April 17, 2014
James Turk - Goldmoney
Comex Casino Lies & Silver Skyrocketing To New All-Time High
As global markets continue to see some wild trading, on April 14 James Turk told King World News that silver is actually in backwardation, but the Comex casino is not reporting prices accurately. He also included two fantastic charts. This is a must read for all gold and silver investors, but particularly for those investing in or trading silver. Turk: "it is important to correct some silly things that are being said about silver these days, particularly with regard to the huge explosion in Come
Thursday, April 17, 2014
Alasdair Macleod - Finance and Eco.
Market Report: Economies stalling
It wasn't meant to be like this: six years of global money-printing should have guaranteed economic recovery. Until very recently, there was hope that finally the medicine was having some effect; but in the last few weeks investors have become noticeably more cautious. Is it Ukraine, or is it the slow-down in China? Whatever the story the truth is revealed in the chart of recent US bond prices shown below. The Long Bond yield is leading the way downwards, having broken below the 3.5% level, and
Friday, April 18, 2014
John Rubino - Dollar Collapse
Amazing Story From Japan 
Here's something you don't see very often: For a day and a half this week, the Japanese government's benchmark 10-year bonds attracted not a single successful private sector bid. At today's artificially-depressed yields, no one wants this paper -- except of course the Bank of Japan, which is buying up the bonds with newly-created yen. As the Gulf Times noted: Japan bond market liquidity dries up as BoJ holding crosses ¥200tn The Bank of Japan's massive purchases of governmen
Thursday, April 17, 2014
Mish - Global Economic Analysis
  Ukraine Accord Broken Already; Key Uninvited Group to Peace Party Doesn't Like the Deal; Reflections
Immediately after the 4-player Ukraine accord announcement yesterday (See Ukraine Talks End in Accord; What About the Key Missing Player?) I commented ... Lots of Questions This accord raises more questions than answers. Did anyone consult the separatists? Who is going to enforce the agreement? Is there a single voice, or even a small group of voices who can speak for the separatists? If the separatists are acting on their own, then unless Russia or someone else can convince the separatis
Saturday, April 19, 2014
A Poem for Today - E. Mason
The Gold Dollar
Ah, little gold dollar, republican name, Let peace be thy motto, and freedom thy fame; may all use thee kindly and not hide thy face Like misers and bankers in some lonely place,
Sunday, April 20, 2014
Rick Ackerman
Is Coke ‘Magic’, or Just Bubbly Sugar-Water?
With U.S. consumption of soda pop falling, it would appear that Coca Cola’s unwholesome ingredients are finally catching up with it.  I swore off the stuff in 1964, when I was 15 and worried that Coke would make my zits worse. What cemented my doubts was a provocative cover story in Fact, a magazine published in the mid-1960s by impresario Ralph Ginzburg that took journalistic muckraking to new heights.  In one of Fact’s notorious broadsides, the magazineasserted that drinking Coke regularly wou
Monday, April 21, 2014
James Turk - Goldmoney
How gold was manipulated today in light trading 
James Turk describes to King World News exactly how the gold market was manipulated today in light trading conditions. Turk adds that gold now stands at the greatest backwardation it has seen in eight months. This is one of Turk's most important interviews ever because it exposes just how phony the paper gold and silver markets have become. Turk also discussed how this historic backwardation will be resolved in this powerful and timely interview.
Tuesday, April 22, 2014
Chris Powell - GATA
Holter muses on China's silver scheme; Barron doubts new raid on gold ETFs
Market analyst Bill Holter, who writes for GATA Chairman Bill Murphy's LeMetropole Cafe and for the Miles Franklin coin and bullion dealer Internet site, speculates, as silver market analyst Ted Butler often has done, that China is the big short in silver. But more so Holter speculates that China is aggressively using its silver short position to yank the gold market down so that it might acquire more gold cheaply. Holter's commentary is headlined "My Back and Forth Yesterday with John Embry" an
Friday, April 18, 2014
Mark O'Byrne -
Ukraine Currency Collapses Nearly 70% Against Gold In 4 Months
Today’s AM fix was USD 1,299.25 EUR 937.48 & GBP 771.89 per ounce. Yesterday’s AM fix was USD 1,299.00, EUR 938.58 & GBP 773.03 per ounce. Gold rose $0.20 or 0.015% yesterday, closing at $1,303.10/oz. Silver gained $0.05 or 0.25% yesterday to $19.67/oz. Gold in U.S. Dollars - Year To Date, 2014 - (Thomson Reuters) Gold traded near $1,300 an ounce, set for a weekly drop, as investors weighed tentative signals of a U.S. recovery against the risk of conflict in Ukraine and geopolitical tension.
Thursday, April 17, 2014
Gary Tanashian - Biwii
Big Pictures: Stocks, Gold and the Miners
Ukraine war hype, China demand drop, GOFO mysteries? these are the short term noise inputs on the gold sector.US Treasury bond yield spreads, gold vs. commodities (i.e. the ?real? price of gold), gold vs. the stock market? these are some of the fundamental considerations that actually matter and they have taken a hit since January.It is easy to say ?I am bullish in the big picture? (measured in years) but it is not so easy to actively manage in the smaller pictures (measured in
Thursday, April 17, 2014
Mike Hewitt - Dollar Daze
  Hyperinflation around the Globe 
Angola (1991-1999) Angola went through the worst inflation from 1991 to 1995. In early 1991, the highest denomination was 50,000 kwanzas. By 1994, it was 500,000 kwanzas. In the 1995 currency reform, 1 kwanza reajustado was exchanged for 1,000 kwanzas. The highest denomination in 1995 was 5,000,000 kwanzas reajustados. In the 1999 currency reform, 1 new kwanza was exchanged for 1,000,000 kwanzas reajustados. The overall impact of hyperinflation: 1 new kwanza = 1,000,000,000 pre-1991 kwanzas.
Sunday, April 20, 2014
YOY Structural Support Now Negative 
A number of people have emailed me asking for my thoughts on Belgium's recent "buying spree" in USG securities. Here is one of the emails: "What do you make of the treasury buying out of Belgium? Seems like maybe someone isn’t yet ready for the transition? Really curious to see who it is." I don't know who it is, but I thought I'd explain which part of the data that I like to watch. Two years ago I used the term "willy-nilly support" to contrast what was happening at that time with the "stru
Sunday, April 20, 2014
Charleston Voice
  The Secret World Of Gold 
Submitted by Tyler Durden on 04/19/2014 21:22 -0400 In light of the Chinese demand we discussed earlier, the ongoing manipulation of 'rigged' markets everywhere, and rising geopolitical tensions (as the de-escalation continues), we thought it worth dusting off this excellent  and wide-ranging look at the history and present of the barbarous relic, gathering many perspectives (pro and con) on gold. The following documentary moves from historical shipwrecks to Nazi 'death gold' and England's
Sunday, April 20, 2014