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Most read articles
Darryl Robert Schoon - Survive the Crisis
The Price of Gold and the Art of War, Part I 
If you wait by the river long enough, the bodies of your enemies will float bySun Tzu, The Art of War, Fifth century BCOnly fools and the ideologically impaired believe that today?s capital markets are free. In free markets, prices are determined by supply and demand. In capital markets, supply and demand considerations are subordinated to capitalism?s increasingly dysfunctional monetary menses, i.e. credit flows, emanating from central banks. Of all markets, today?s gold markets are the least f
Thursday, September 11, 2014
Michael Pento - Delta Global Advisors
  Why Goldman Sachs is Wrong on Gold 
Wall Street powerhouse Goldman Sachs has recently reiterated its negative view on gold, which it has held for the past year. However, it is now doubling down on this view and advising clients to actually go short the metal. Jeff Currie, head of commodity research at Goldman noted "Our target is really driven by the view that we think that the Fed will ultimately be the dominate force here and put more downward pressure [on prices]". While I am in agreement with Goldman that the Fed wil
Monday, September 15, 2014
James Howard Kunstler
The Era of Bad Feeling 
T here are times when events are in charge, not personalities. The unseen forces that hold the affairs of nations and economies in equilibrium dissolve, particles fly out of the many centers, and things heat up toward criticality. Glance in the rear-view mirror and say goodbye to the Era of Wishful Thinking. This was the time when the USA was inspired by its Master Wish: to be able to keep driving to Wal-Mart forever. Looked at closely, the contemporary idea of Utopia was always a shabby package
Monday, September 15, 2014
Stewart Thomson - Graceland Update
Gold: Janet & Raj Stoke The Bulls
Graceland Updates By Stewart Thomson1.Gold is the ultimate asset, and I think both the bulls and bears are probably going to learn that fact, the hard way.The gold bears view QE tapering and looming US interest rate hikes, as bearish for gold, and the bulls are sure gold is ready to soar vastly higher.2.One of the features that make an asset ultimate, is price stability.Unlike the bulls and the bears, I predict that gold is going to trade sideways.3.Please click here now. Double-click to enlarge
Tuesday, September 16, 2014
Sam Kirtley - Sk Options Trading
  Why ECB QE Is Bearish For Gold Prices 
The recent action by the ECB appears to have caught many gold bulls off guard. A common interpretation of the impact that a potential quantitative easing program would have on gold prices was that it would be very bullish. This argument was based on the concept that money printing is bullish for gold, and that QE1 and QE2 by the Fed triggered major rallies in the yellow metal. Whilst we do not dispute that QE1 and QE2 by the Fed were indeed bullish for gold, we strongly disagreed that the ECB wo
Tuesday, September 16, 2014
Jeffrey Lewis
  Will The Real Silver Commercials Stand Up?
One of the more persistent flaws in the world's most important price discovery mechanism comes down to a simple question. How did it come to pass that banks were given access to the commercial category of traders?It's a given that the market is rigged to high heaven. And it’s completely obvious by now how it is accomplished. They only folks left in denial about it have a direct incentive for ignoring it - usually an obvious one. The nature of the players should tell one all they really need to k
Saturday, September 13, 2014
Jesse - Le Cafe Américain
The Divergence Between Debt and Gold
There is little doubt that gold is 'money' in the de facto, if not official, sense. It has been so for at least two thousands years, if not longer. In a policy regime in which the Western central banks wish to quietly devalue their currencies in concert, it would be awkward to allow gold to speak embarrassing truths. I would like to think that now, unlike ten years ago before almost every market was shown to be manipulated and sometimes on a global scale, that a concerted effort to discredit
Friday, September 19, 2014
Jordan Roy Byrne - The Daily Gold
Bird's Eye View of the Gold Stocks
Since last summer, investing in the mining sector has been akin to riding a mini roller coaster. There have been two huge rallies, two sudden and sharp declines while more than a handful of individual stocks have rebounded over 200% from their lows. Nevertheless, as we noted a few weeks ago the weakness of the metals won out and are dictating the terms. Since we covered the metals in our last missive we wanted to focus soley on the miners. A look at the bear market analog chart as
Saturday, September 20, 2014
Jeff Clark - Casey Research
  Hold, Fold, or Be Bold?
Question: What’s the best way to determine if Prozac works? Answer: Look at your gold portfolio. I read about two dozen articles last Thursday about the gold market, and not one of them had anything positive to say. Technical analysts, mainstream economists, industry analysts—all were bearish for various reasons and timeframes. Why invest in gold when… We’re repeatedly told the economy is improving—and basic data like falling unemployment and rising GDP appear to confirm it The
Thursday, September 11, 2014
Charleston Voice
Gold Standards: True and False | Joseph T. Salerno
Published on Jul 29, 2014 Archived from the live broadcast, this Mises University lecture was presented at the Mises Institute in Auburn, Alabama, on 25 July 2014.
Sunday, September 14, 2014
Richard Mills - Ahead of the Herd
  A Dog’s Life
Disregard disease (Ebola), rising sea levels, simmering religious tensions, the potential for wars over resources. Disregard financial calamity, malfunctioning governments and lying sleazebag politicians leading us down the garden path. Is Europe going to be Balkanized? Is it to be inflation, disinflation, deflation or stagflation? Nothing important, to me anyway, seems to matter much anymore. The herd’s got other things on its mind. Justin Bieber got thrown into jail, Oprah’s fat, Jennif
Sunday, September 14, 2014
Jeff Clark - Casey Research
  Survey Results: Readers’ Thoughts on Whether to Hold, Fold, or Be Bold
Below is a representative sample of the responses to the question: "Should we Hold, Fold, or Be Bold with Gold?" We'll start with Fold, as it's the smallest group, then Bold because it's the most fun, and close with Hold, because that's the largest group, and we wouldn't want anyone to feel guilty if they don’t get to the bottom. FOLD Doug
Tuesday, September 16, 2014
David Bond - Wallace Street Journal
Saturday, Sept. 13, would have been Robert Dwayne Hopper's 75th birthday 
For those new here, or with short-term memories, Robert Hopper was owner and managing partner of the legendary Bunker Hill Mine in Kellogg, Idaho, from 1990 until his death in January 2011. He was an Elk, a Mason, a self-educated genius, and my dearest friend. We met by happenstance in 1999 when a former colleague from the Coeur d'Alene Press who was working on the Milo Creek flood control project told me of this guy who had bought Bunker Hill, was making colloidal silver, and had just put the lie to the whole EPA Superfund fiasco in the Coeur d'Alene River Basin.
Saturday, September 13, 2014
Jeffrey Lewis
Finding Zero
“If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.”- Nikola TeslaThe silver market is always one day from panic. The same could be said for the bond market or the dollar. In the age of electronic price discovery and massive reckless monetary Imbalance anything can happen - and it probably will. It will happen whether by virtue of just in time delivery practices of the user or the massive (and very real short) concentration within the large commer
Saturday, September 20, 2014
Mark O'Byrne -
What is the Gold Fix?
What is the Gold Fix? To help facilitate trades on the London gold market, the price of gold is "fixed" twice each weekday. The Gold Fix is determined by a five member panel, known as The London Gold Market Fixing Ltd. The Gold Fix is used to help members of the London Bullion Market Association (LBMA) complete trades. The gold fix sets values in US dollars, British Pounds and Euros, and is used as a benchmark price by most of the world's markets for bullion and other gold derivatives. The Londo
Thursday, September 18, 2014
Peter Schiff - Euro Pacific Capital
  Gold Videocast: Peter Schiff Answers Your FAQs
Peter answers some of the more challenging questions he has received from you, his loyal subscribers. Learn what he really thinks about gold manipulation, why Wall Street hates gold, who should buy silver instead of gold, and more!0:05 ? Question: ?According to the financial media, the world has ?fallen out of love with gold.? Is this really true??0:40 ? The world cannot fall out of love with something it never loved in the first place ? but it will fall out of love with fiat currencies.2:03 ? T
Thursday, September 11, 2014
Stewart Thomson - Graceland Update
Gold's Transition Zone: Investor Strategy
Graceland Updates By Stewart Thomson1.The QE program created substantial hedge fund interest in gold-related ETFs.Unfortunately, QE never created the inflation the funds had anticipated.2.That’s because commercial banks held the QE money they received, “tight to the chest”, rather than loaning it to businesses and consumers.3.In a nutshell, by enlarging the money supply while GDP was falling, the Fed created deflation.4.So, if the Fed were to shrink the money supply now, or at least reduce its r
Tuesday, September 09, 2014
Alasdair Macleod - Finance and Eco.
Currency turbulence
You'd think that the US dollar has suddenly become strong, and the chart below of the other three major currencies confirms it. The US dollar is the risk-free currency for international accounting, because it is the currency on which all the others are based. And it is clear that three months ago dollar exchange rates against the three currencies shown began to strengthen notably.However, each of the currencies in the chart has its own specific problems driving it weaker. The yen is the embodim
Friday, September 12, 2014
Nathan Lewis - New World Economics
Japan 2014: "Abenomics" and the Assets of Banks
Once a year, I try to get a better idea of what has been happening in Japan. Plus, I like to continue the narrative I've been building up over time. December 1, 2013: Japan 2013: The Endless Rise of Payroll Taxes May 6, 2012: Japan 2012 November 7, 2010: Japan 2010: Can't Get Out of Their Rut September
Monday, September 22, 2014
Hugo Salinas Price -
Richard Cantillon and Fiat Money
Richard Cantillon is worth remembering. An Irishman, Cantillon was born in 1680 and died in 1734. He went into banking in Paris and witnessed the rise and fall of John Law’s huge speculative business in all its glory, which ruined France. The business included saving the finances of the French Crown with a mythical investment in Louisiana, combined with the right to issue fiat money which the Regent of France granted to Law’s company. Cantillon was a man of extraordinary intelligence. He detecte
Tuesday, September 23, 2014
Jeffrey Lewis
  The Great Silver Subsidization 
Understanding precious metal price reality is like walking through a house of mirrors. I spend a lot of time examining eyeballs. The magnification required to focus light on the retina is very strong. This causes an inverted image. What I see in the lower right of my view is actually the upper left area of the patient's eye.Like everything, it takes some practice. In the days before digital records, I would turn the paper chart upside down to record my drawings. It is similar to the interpretati
Sunday, September 07, 2014
Clive Maund
  Will the US succeed in breaking Russia to maintain dollar hegemony?... 
In Why they are making an enemy of Russia? we looked at two of the key reasons why the US is making an enemy of Russia, namely the promotion of conflict by the powerful Defense industry lobby in order to keep its order books full, and the value of conjuring up an external enemy as a hate figure for the masses, in order to take the heat off the government. In this article we are going to look at what is arguably an even bigger reason, that was largely omitted in the earlier article, which is that
Tuesday, August 26, 2014
Jeffrey Lewis
  Stuck Inside of the CME with the COMEX Blues Again
Precious metals prices remain range-bound over the short-term after a devastating three year run.From a technical standpoint, it doesn't look great; we are stuck in this limbo of tightly controlled price limbo while the world continues to melt apart for the 99.9%.COMEX positioning for the big banks and speculators has not changed that much over the last few months.JPM's short remains at around 50 days of world production.In fact, these spec longs who have been hanging in throughout may be the re
Tuesday, September 09, 2014
Clive Maund
Gold Market Update 
Gold and silver are at a critical juncture ? either they break down to new lows soon or a major new uptrend is about to start. Which is it? ? while we cannot be 100% sure either way, we can certainly attempt to figure which way they are likely to break. Gold and silver are at a critical juncture ? either they break down to new lows soon or a major new uptrend is about to start. Which is it? ? while we cannot be 100% sure either way, we can certainly attempt to figure which way they are likely
Tuesday, September 02, 2014
Perth Mint Blog - Perth Mint Blog.
Infographic: Platinum Supply And Demand
RESEARCH AND ANALYSIS Platinum's supply is concentrated in medium-to-high risk jurisdictions, while demand is strongly tied to worldwide auto production. Here we present Part 2 of the Platinum Series.
Friday, September 12, 2014
Ron Paul
  Nixon's Vindication 
Forty years ago many Americans celebrated the demise of the imperial presidency with the resignation of Richard Nixon. Today it is clear they celebrated too soon. Nixon's view of presidential powers, summed up in his infamous statement that, "when the president does it that means it is not illegal," is embraced by the majority of the political class. In fact, the last two presidents have abused their power in ways that would have made Nixon blush. For example, Nixon's abuse of the Inte
Monday, September 08, 2014
The Prudent Investor
The Coming Silver Shortage
The coming silver shortage explained in a simple video.
Tuesday, July 29, 2014
Graham Summers - Gains Pains & Capital
Gold Is Now Officially Money 
Everything that has happened since 2007, every Central Bank move, ever major political decision regarding the big banks, every trend, have all been focused solely on one issue. That issue is collateral. What is collateral? Collateral is an underlying asset that is pledged when a party enters into a financial arrangement.  It is essentially a promise that should things go awry, you have some “thing” that is of value, which the other party can get access to in order to compensate them for their
Wednesday, July 30, 2014
Dan Popescu - GoldBroker
Gold Demand - Jewellery vs Investment
The most misunderstood so-called “investment” instrument is gold. Not only by the general public, but even by investment analysts. Even very recently I heard an analyst on CNBC saying gold is valueless, since it doesn’t declare dividends or produce any income. I heard this kind of argument in the ‘90s, in reference not to gold, but to technology companies. I could not understand then how someone could look at a company like Intel or Microsoft and say such a thing. These were not uninformed inves
Wednesday, September 10, 2014
Alasdair Macleod - Finance and Eco.
  No escape from the dollar as the currency standard 
All commodities and near-commodities are priced internationally in dollars, and the dollar is used for over 80% of cross-border trade settlements. Consequently the dollar is the base currency for all countries' foreign reserves, giving it its reserve status. However, there are now challenges to the dollar's hegemony, with Russia, China as well as the other members, dialog-partners and associates of the Shanghai Cooperation Organisation (SCO), taking deliberate steps towards doing away with the d
Sunday, August 17, 2014