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PRECIOUS METALS (US $)
Gold 1215.171.57
Silver 17.14-0.01
Platinum 1269.00-10.25
Palladium 777.000.50
WORLD MARKETS
DOWJONES 16805-236
NASDAQ 4422-71
NIKKEI 15662-420
ASX 5299-36
CAC 40 4345-21
DAX 9333-49
HUI 1961
XAU 810
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AUS $ 1.4378
CAN $ 1.4030
US $ 1.2633
GBP (£) 0.7801
Sw Fr 1.2072
YEN 137.0220
CURRENCIES ($)
AUS $ 1.1382
CAN $ 1.1103
Euro 0.7916
GBP (£) 0.6177
Sw Fr 0.9555
YEN 108.4600
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Gold / Silver70.90
Gold / Oil13.82
Dowjones / Gold13.83
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Copper 3.04-0.02
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Nat. Gas 4.050.02
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Gold, Silver and Real Money Issues
Top rated articles
Jeffrey Lewis
Truth, Consequences, and Confiscations
I think it's normal to have doubts - especially in rigged markets like this. Stockholm Syndrome creeps in and we begin questioning everything. Commenting on these markets over the last decade, I often wonder how long they can keep it all together. The entire house of cards has stood up much longer than anyone has expected. The next wave of investors will likely go through the almost reflexive reach for derivatives first. New investors, or would be long term holders, simply have an aversion and a
Tuesday, September 30, 2014
Egon von Greyerz - Matterhorn AM
The Financial Crisis is mainly an Energy problem
THE MATTERHORN INTERVIEW: Maarten van Mourik – September 2014 “The financial crisis is only partly financial but mainly an energy problem” Dutch economist / oil analyst Maarten van Mourik examines in this exclusive interview the link between gold and oil; important taboos in economics; the USA vs. Europe; the dilemma with our energy-driven monetary system; and last but not least the reason why “peak oil will be here, no matter how much of the stuff is in the ground.” By Lars Schall Lars Schall:
Monday, September 29, 2014
John Rubino - Dollar Collapse
Does Surging Demand For Gold and Silver Coins Signal a Bottom? 
Reports of individuals snapping up near-record numbers of gold and silver coins are coming in from around the world: U.S. Mint American Eagle gold coin sales set to rise sharply in Sept (Reuters) - The U.S. Mint has sold nearly 50,000 ounces of American Eagle gold coins so far in September, almost double its total in August, as a sharp pullback in gold prices and geopolitical tensions boosted interest for physical products from retail investors. With only six busines
Monday, September 29, 2014
Nathan Lewis - New World Economics
"The Fate of Empires," by Sir John Glubb
A friend sent me this lovely piece, which originally appeared as an article in Blackwood's Magazine in 1976. It is brief, but has a lot of wonderful material and interpretation. Glubb was a military man, in the gentlemanly tradition of the British Empire, born in 1897 and commander of the Jordan Arab Legion from 1939 to 1956. After retirement, he published at least seventeen books. I find the point of view here quite wonderful, as it is from a practical man of action
Sunday, September 28, 2014
Jeffrey Lewis
Selling the Family Silver 
Purchasing and securing precious metals is easy. It's like stepping out of the river where you can see the mainstream headed for the big waterfall. Figuring out when to jump back in the river and bring it back into the system is a whole other challenge. Some of the basic rules of investing to live by (that go along with cheap options with low downside and infinite upside), include: Return of Investment matters more than Return on Investment.Never forget or ignore the laws of unintended consequen
Saturday, September 27, 2014
Jesse - Le Cafe Américain
  Gold Daily and Silver Weekly Charts - It May Be Protracted, But It Is an Endgame Nonetheless 
One of the more significant things that I have seen so far this year is independent confirmation from a credible source that there is price rigging in the silver markets, and that this knowledge is being suppressed by the mainstream media in the US. You can read about that here. I think the fact, given all the rigging scandals from Madoff to LIBOR, that there are major mainstream publications which will refuse to run an article showing evidence of rigging in the silver markets from a credibl
Saturday, September 27, 2014
Hugo Salinas Price - Plata.com
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
Julian D. W. Phillips - Gold Forecaster
Of course the Gold Price is manipulated, that's the point! - The "London Gold Pool" - 1961 to 1968 
By the beginning of the 1960s, the U.S.$ 35 = 1 oz. Gold price was becoming more and more difficult to sustain. Gold demand was rising and U.S. Gold reserves were falling, both as a result of the ever increasing trade deficits which the U.S. continued to run with the rest of the world. Shortly after President Kennedy was Inaugurated in January 1961, and to combat this situation, newly-appointed Undersecretary of the Treasury Robert Roosa suggested that the U.S. and Europe
Saturday, September 20, 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
Gordon Long - Market Analytics
The Financial Repression Authority with Special Guest Ronald-Peter S
Financial repression always consists of a combination of different measures, which lead to a significant narrowing of the universe of investable assets for investors. Money which in a more liberal investment environment would have flowed into other asset classes, is channeled in a different direction. The goal of financial repression is an indirect reduction of government debt by means of the targeted manipulation of the cost of government debt, most of the time accompanied by steady inflation."
Wednesday, September 17, 2014
Michael S. Rozeff - Lew Rockwell
  The US Ambition To Rule the World 
The current hegemonic ambitions of the U.S. government go back to the heavy influence of neoconservative thought that began to be expressed during the Clinton administration. The neocons realized that the U.S. was the sole remaining superpower and they aimed for the U.S. to achieve global hegemony with power as a foundation. Hegemony requires a military component and the U.S. government had it. What is more natural, thought the neocons, than for the U.S. to build up its global hegemony with its
Tuesday, September 16, 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
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
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
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
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
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
Alasdair Macleod - Finance and Eco.
A difficult question
In a radio interview recently* I was asked a question to which I could not easily give a satisfactory reply: if the gold market is rigged, why does it matter? I have no problem delivering a comprehensive answer based on a sound aprioristic analysis of how rigging markets distorts the basis of economic calculation and why a properly functioning gold market is central to all other financial prices. The difficulty is in answering the question in terms the listeners understand, bearing in mind I was
Saturday, September 06, 2014
Jordan Roy Byrne - The Daily Gold
Strong Reversal Augurs for Rough September
In recent weeks we wrote about the ongoing consolidation in precious metals miners. We touched on the history of September, not as a bullish month but as an important inflection point. With the miners holding up well and Gold still holding its lows we thought a breakout could be coming. Yet we've been whipsawed before. Several times over the past year (and as recently as late July) we've written about the possibility of a final low in Gold to precede the next impulsive advance in the
Friday, September 05, 2014
Ty Andros - traderview
Useful Idiots and the Something For Nothing Society - Part V of V 
In this final chapter of Useful Idiots and the Something for Nothing society, we show the final elements leading to the societal and economic collapse that we are currently caught in. The system I have outlined here and in previous chapters is INSANE when viewed through the lens of history. Unfortunately, our leaders and our society have forgotten it and, therefore, we are doomed to repeat it. Nothing will stop it and very little can be done to slow it down. You must embrace it, ackn
Friday, September 05, 2014
Mark O'Byrne - gold.ie
3 Important Gold Charts - Transparent Holdings Fall As Bullion Goes East To Russia and China
3 Important Gold Charts - Transparent Holdings Fall As Bullion Goes East To Russia and China Chart 1: Changes in Holdings (millions of oz) vs Gold Price Nick Laird of www.ShareLynx.com has compiled some great new charts on the transparency of public gold holdings over time. The charts were emailed to us Monday night. Sharelynx.com is one of the internet’s most comprehensive sources for market related charts and is well worth the subscription. The charts are very illuminating and provide great i
Thursday, September 04, 2014
Scott Silva - The Gold Speculator
  Frankenstein Fed, The Modern Prometheus
By Scott SilvaIf Mary Shelly were around today, she might have a cause of action against the Federal Reserve for copyright infringement. The Fed has stolen the storyline Shelly’s 1818 gothic novel, Frankenstein, The Modern Prometheus. The case against the Fed’s criminal usurpation of intellectual property is strong; any schoolboy would see the obvious plagiarism, including the plot, the central characters, and even some of the dialog of the original science fiction horror story. Here is a summar
Wednesday, September 03, 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
Bill Murphy - Le Metropole Cafe
The MOAMOPE
James C.McShirley’s comment here below is a must read. The advent of computer generated trading algorithms heralded a quantum leap forward in the quest for 24/7 control of markets. No longer were humans beings required to do such unseemly things as man trading desks or worry a whit if free markets were, if even infrequently, attempting to function.
Monday, September 01, 2014
Frank Shostak
The Yield Curve and Our Weakened Economy
So far in August the differential between the yield on the 10-year Treasury note and the yield on the 3-month Treasury bill stands at 2.38 percent against 2.95 percent in December 2013. Historically, the yield differential on average has led the yearly rate of growth of industrial production by fourteen months. This raises the likelihood that the growth momentum of industrial production will ease in the months ahead, all other things being equal. It is generally held that the shape of the
Monday, September 01, 2014
Jesse - Le Cafe Américain
Statism is Relativism With Reference Only To Itself 
"If relativism signifies contempt for fixed categories and those who claim to be the bearers of objective immortal truth, then there is nothing more relativistic than Fascist attitudes and activity. From the fact that all ideologies are of equal value, we Fascists conclude that we have the right to create our own ideology and to enforce it with all the energy of which we are capable. ” Benito Mussolini, Diuturna That philosophy described by Benito is fiat with a capital '
Thursday, August 28, 2014
David Jensen
Enormous Paper Silver Trading Volumes ...
Interview with Jay Taylor on August 26, 2014 discussing the Enormous paper silver trading volumes on LBMA and physical silver premia. Jay Taylor Interviews Daved Jensen MP3 Topics: 1. Continued Shanghai Gold Exchange and Shanghai Metal Exchange physical metals premia vs. LBMA/LPPM pricing: SGE Gold: $1286.29 /oz & premium of $ -0.71/oz. = -.1 % premium vs LBMA SGE Silver: $21.12 /oz & premium of $1.59 /oz. = +8.1% premium vs LBMA SME Palladium $1,031.06
Thursday, August 28, 2014
Chris Powell - GATA
State Department agrees to try looking for gold records again 
Three years ago GATA more or less won its freedom-of-information lawsuit in U.S. District Court for the District of Columbia against the Board of Governors of the Federal Reserve System, in which GATA sought access to the Fed's records involving gold swaps. While the court found that most of the Fed's records involving gold swaps were exempt from disclosure under the law, GATA's initial inquiry to the Fed produced an admission that the Fed indeed has secret gold swap arrangements with foreign b
Wednesday, August 27, 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
Jesse - Le Cafe Américain
A Bond Paid For and Denominated In Gold: A Rhyme From the Past
I don't think that we have seen such a thing since the gold bonds issued in the US, which went the way of the twenty dollar gold piece in the early part of the 20th century. There is a Bloomberg story on this today that is not generally available so I do not have a link as yet. It will be added as it becomes available.  An astute reader sent it my way. Here is a link to the actual bond announcement on the JSE site. As you may recall, South Africa puts the 'S' in BRICS. Most Americans will st
Monday, August 25, 2014

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