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Gold & Silver Prices in
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BDB - 11/12/2014 at 6:20 PM GMT
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  Once-Peaceful Canada Turns Militaristic; Blowback Follows  (20)
 - Ron Paul - 
You're entitled to your opinion, even when it is wrong and based on things you can't and do not understand.

You can rant at DC all you want; I am neither a spokesman nor a defender of the beltway. If you'd try listening instead of hurling insults, you might have been able to come to the conclusion a long time ago.

I let up on you now, since clearly you're not handling disagreement very well. I am quite satisfied with merely seeing the state to which this has reduced you to. Toodles! (Remember that?) 
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Answer To :Hart - 11/10/2014 at 9:52 PM GMT
"I'll put my foreign policy credentials and experience up against Ron Paul's any day of the week."

I have to say, thanks for the laugh that produced. Take a deep breath, relax and realise that you're not the be all and end all for information on the Iraq war or US foreign policy.

I do not call statements I disagree with lies, I call lies created by DC politicians and perpetuated by individuals like yourself to what they are, lies.

So we're clear, I do not believe that everything Ron Paul posts (believes) is 100% correct, I have disagreed on a few occasions but I will take his outlook and action plan over that of the knuckle heads that run DC any day. Why, simple, the man has more real life experience (has Obama and crew ever had a real job...
samking73 - 11/26/2014 at 4:21 PM GMT
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  When Central Banks Re-build Silver Reserves  (13)
 - Charleston Voice - 
I'm pretty sure this isn't this article's reason, but one reason I feel that buying U.S. silver eagles (and junk silver) is probably the best, is because of all the recent silver counterfeiting. The Feds have historically gotten pretty mad when people try to counterfeit it's "money", even if it is in reality, just paper. So the same must apply for silver eagles? I have a mix of Eagles and generic rounds.......and even a few smaller bars. But with all the fake silver that's been flooding the market recently, I feel like there is a little bit of protection from the Feds when it comes to "Legal Tender", one dollar eagles. I may be completely wrong. Does anyone know if there would be anything to this?  
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Gypsy - 11/11/2014 at 10:33 PM GMT
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  The Fate of the Turtle  (21)
 - James Howard Kunstler - 
A Z Facts: I see you mistake my animosity toward Straight Line Republicans as an endorsement of Straight Line Democrats. I hold both parties in equal contemp. Once every few years there's a GLARING example of Twisted Belief that really deserves to be pointed out by SOMEONE. There are already hundreds of pundits pointing out the Twisted Belief's of the Democratic Party, so there's no need for me to echo their lines. 
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Answer To :AZFacts - 11/11/2014 at 5:30 PM GMT
Are you actually PROUD of your Lord Obongo, harry "Roid" Reid and the rest of you craven, lying, corrupt democrappers? FOOL!
ranbotrader - 11/12/2014 at 2:23 AM GMT
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  Will World Governments Confiscate Gold?  (9)
 - Dan Popescu - GoldBroker
What you need to appreciate 1476 AD is that unlike 1935 everything is electronic nowadays. So not hard for the government to find anybody who has bought gold in the past 20 years. So do you really believe that a country which realises that it is on the wrong side of a currency rout is not going to play catch-up any way it can? It brings to mind a story I read in a Denver paper about a guy who claimed he had thrown his gold into a avoid paying out in a marriage break-up. I know where I'll be throwing mine rather than give it to the government I guess! 
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Answer To :1476 AD - 11/10/2014 at 7:04 PM GMT
It is true that a law was passed to compel American citizens to turn in their gold; however according to actual government reports the percentage of private gold turned in was only approximately 20%. If, as you say, the balance held by the US government was 8998 tonnes in 1935 after the confiscation and 6358 tonnes before the law was passed, then the amount acquired as a result of the confiscation was 2640 tonnes. Following along, this would leave American citizens holding 8560 tonnes. Additionally they have acquired an enormous amount since legalization. How much is anybody's guess, but my own after fifty years of study of gold and it's markets is that they have acquired approximately one third an ounce per person in the country or about 3500 tonnes. If this is...
golaydc - 10/30/2014 at 3:06 PM GMT
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  The Fall in International Reserve Assets  (6)
 - Hugo Salinas Price -
I presume you are mostly counting dollars and Treasury bonds and not gold as you mentioned. The world is de-dollarizing and we should start seeing more reserves converted to gold. Also there is a trend to directly trade bi-laterally and skip paying the gringo middleman. This would make the need to keep dollars or any reserve less as a direct exchange rate would facilitate trade without the need for a reserve fund. 
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Falconflight - 11/14/2014 at 11:44 PM GMT
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  Curiosities  (4)
 - Bob Hoye - Institutional Advisors
Bravo! Too bad only a small minority of people understand the rank fascist relationship of business to the gov't and the Obamanation in particular. Buffet's filthy tax lie propaganda for the DemPervs has garnered him many billions, and not just transporting oil and gas. Remember he special BoA one day trade? 
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endoftheriver - 11/13/2014 at 2:22 PM GMT
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  Pentagon Says "Stop Defense Cut Madness"; Mish Investigates Alleged "Cuts"  (6)
 - Mish - Global Economic Analysis
You are prolific with your insights in clarifying the elements that should motivate world leaders in other directions. 
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OneTinSoldier66 - 11/7/2014 at 7:02 PM GMT
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  Crony Capitalism Tribute; Mafia Dons vs. Politicians; Who Really Won the Election?
 - Mish - Global Economic Analysis
I get this from John Stosell's book, "No, They Can't"...

Businesses are greedy. Okay, fair enough. But the more power you give to Government, the more businesses will lobby the government in order to get their way. You can boycott a business, and convince others to do the same. Can the same be said about the Government?

Personally I've been trying to get people to boycott the incredibly centralized power and control center called the government, maybe not entirely but at least to a certain degree, by buying something that governments hate these days but cannot seem to completely eradicate... gold and silver. I have found it's not easy. People like government. They believe government is good, government is great, to the point that it needs to be fund... 
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zbyg - 11/15/2014 at 9:31 PM GMT
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  The Silver Mining Cartel  (7)
 - Jeffrey Lewis - 
This very good.
To get simple control on commodity price is to buying short future.
Produce are buying paper and ask deliver metals which is not available and price is going up like crazy.
Supply is short and demand is high.If producer will buy entirely gold and silver from Comex what will be left.
The future contracts should work for producers not for speculators.
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sneezy67 - 11/10/2014 at 11:04 PM GMT
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  Pity the Swiss  (3)
 - Jesse. - Le Cafe Américain
tsk...tsk....cynicism at its finest...good article  
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walmarde - 11/6/2014 at 9:49 PM GMT
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  The Reinvention of Alan Greenspan  (6)
 - Michael J. Kosares - USAGold
Greenspan is a fraud.
HE is a very intelligent person who knows from the beginning how inflation works and what happen when currency is not backed by real value (gold). In the 60's, he testify before Congress about what happen to fiat currency. He said fiat currency will steal wealth to everybody. It's on youtube

This is the same Greenspan who lowered the interest rate and create the bubble of 2007-2008. He knew what he was doing. He was killing the currency and stealing wealth to everybody.

I have no respect for this guy. Hope he will be bury in a public cemetery so I can do a pilgrimage with my kids and shit on his grave. I swear.

(2 down rate for my comment ?!?! who loves Greenspan on this site ? lol Its a theft.) 
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Hart - 11/10/2014 at 9:08 PM GMT
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  The War on Terror  (4)
 - Michael S. Rozeff - Lew Rockwell
The issue on why the US keeps attacking sovereign nations really boils down to one thing and that one thing is easy to identify. What is it, follow the money to find it. Who benefits from all this warring? The mega corporations who manufacture the weaponry, the ones who keep lobbying politicians and lining the pockets of the willing politicians.

These corporations are so greedy that human life is nothing more than a way to earn extra bucks. The more people there are that will fight, the more bullets and bombs they have to produce to kill the fighters with. The more people that are killed in the endless war on terror = more profit for these guys.

If only there were a handful of politicians that had the back bone to say no to the mega corps our kids... 
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end - 11/25/2014 at 11:45 AM GMT
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  Swiss Gold Poll Likely Tighter Than Polls Suggest
 - Mark O'Byrne -
Scaremongering usually works with cowards that have something to loose, or individuals geometrically somewhere in-between. This is why New World Order fails in Afghanistan, Gaza, Pakistan, "Caliphate" and Iceland. By its nature it created desperate people in its very heartlands and that's how it will fail, after protracted, bloody, messy revolutions and counterrevolutions. But that will not start in Switzerland, who is one of the main beneficiaries of this Hell the beasts are turning this World into. 
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Argus - 11/27/2014 at 3:46 PM GMT
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  What Are The Rich Doing With Their Money?
 - Gordon Long - Market Analytics
Great interview - not that the information is new but it is well integrated and conveyed in a straightforward manner sans jargon. A good one to pass on to friends and relatives. 
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ccmhi - 11/26/2014 at 12:39 PM GMT
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  Gold blog writing for fun and profit  (5)
 - Bron Suchecki - Perth Mint
I call bullshit!  
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J T. - 11/25/2014 at 12:28 PM GMT
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  GLD and Gold's Selloff
 - Adam Hamilton - Zealllc
"Despite the silly conspiracy theories, GLD has been a great success."

Still the same verbose, arrogant, verbose, know-it-all,verbose a.....le (did I say verbose?) as always...but you do take up space and use lots of charts, so publishers still like that I guess. And really, it depends on what you mean by "success." Yes, it was very successful in diverting monies away from physical and from mining shares. Extraordinarily successful. the WGC and those to whom it is beholden, who are NOT the mining companies that support it nor the other miners/producers, who do NOT benefit from it. And oh btw, prove to all of us that GLD has and always has had the physical gold you claim it has. Unencumbered gold, that is. You can't. You take it b... 
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sneezy67 - 11/23/2014 at 3:50 AM GMT
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  Dutch Quietly Repatriate 120 Tonnes of Gold From New York  (3)
 - Jesse - Le Cafe Américain
So why do the Dutch get special treatment? Do they know some dirty secrets and using it for leverage? Like maybe MH-17.....just guessin 
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Josu O. - 11/26/2014 at 11:50 AM GMT
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  Merkel Will Blink First, Not Putin
 - Mish - Global Economic Analysis
"We don't accept what has happened and we don't accept Europe's borders being changed again 70 years after the war," said Steinmeier.

This Steinmeir has a short memory or a lot of hypocrisy. Doesn't he remember Germany recognizing Slovenian and Croatian independence quickly after the war? And also that both countries were then admitted as members of EU and NATO?

The moral is: If some region of a country wants to get independence to become closer to occident and NATO, they are 'freedom fighters' and should be helped and inmediately recognized as an independent country. BUT, if your region wants independence to become closer to Russia (or any other non-occidental country), then you are a danger to stability and you should be eliminated. 
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thegarve - 11/26/2014 at 11:15 AM GMT
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  Why Gold is Headed Much Higher
 - Michael Pento - Delta Global Advisors
Whether your put you money in Gold, Equities or Bonds you are effectively making a "bet". If you take the argument for holding gold, you are effectively betting "against" the ability of governments, banks and financial institutions to manipulate the economic environment to distract and overcome the problem or basic overvaluation of the assets and currencies.

They seem to be getting better at this and have been doing it for centuries. Apart from the inevitable correction now and again, is it really a wise long term bet against these guys if they can Influence the notional value of this metal at their descretion anyway?

Comments welcome. 
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solobueno - 11/25/2014 at 12:14 PM GMT
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  The Abenomics Death Spiral
 - Peter Schiff - Euro Pacific Capital
Although Peter is right about the fact that high prices do not stimulate consumer spending, I think he is missing a point about the dynamics of a bubble, or a high inflation scenario. It's true that if a consumer thinks the price is high he will not buy, but if he thinks that the price is rising, with no end in sight, in he might want to buy now before the price becomes totally unattainable. It's this uncertanity that stimulates spending. It actually creates a mania where people are trying to get in before it's too late. I lived this first hand during the housing bubble here in the Pacific coast of Costa Rica, as many of you lived it in other parts of the world. The general concensus was "I better buy now or else it will be twice as much next year", which was a favor... 
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samking73 - 11/19/2014 at 4:10 PM GMT
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  Gold: Bull Flag In Play
 - Stewart Thomson - Graceland Update
Gold broke 1200 this morning for a while and looked like it was on the rise. That must have scared the hell out of someone because within a matter of a few minutes it dropped back down $15 us, back below 1200. A couple/few months ago gold and silver were on the rise and it seemed obvious to me that someone dumped a bunch of both in to the market to drive the prices back down. It took a little effort on someone's part but when it finally worked, the bottom dropped out of both to the lowest I've seen in several years. That's just how it looked to me.  
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overtheedge - 11/19/2014 at 7:17 PM GMT
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  Outstanding Political Insults
 - Bob Hoye - Institutional Advisors
"Last week he dismissed the idea of impeaching President Obama for violating the constitution with "Have you met Joe Biden?""

But never forget, Joe Biden was tapped for the VP slot rather than Hillary Clinton.
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end - 11/22/2014 at 7:23 AM GMT
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  China’s Central Bank Makes Even the Heroic Fed Look Like a Bunch of Amateurs
 - Wolf Richter - 
Wolf it's ok to print money if you actually make something, and more of it every day. That's no bubble. You just need to keep up with wealth creation. Bubble is when you make nothing but money. 
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Josu O. - 11/21/2014 at 9:56 AM GMT
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  Spanish Reader on Rise of "Podemos" a New Far-Left Political Party in Spain  (3)
 - Mish - Global Economic Analysis
I'm also from Spain, and I can assure you that David's analysis is good and neutral, wich is difficult in this polarized ambient.
But there is a mistake, "December 2014/January 2015 is the limit date for the next Spanish legislative elections" is incorrect, the correct date is December 2015/January 2016. 
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samking73 - 11/23/2014 at 2:33 PM GMT
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  What's The Swiss Gold Referendum?
 - Perth Mint Blog - Perth Mint Blog.
Excellent! I get tired of hearing about things in the news that you don't know what it's about. It's often hard to find a simple explanation, too. 
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zbyg - 11/24/2014 at 12:20 PM GMT
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  An Open Letter to Mining Company Executives
 - Jim Otis - 
This an excellent article.
The mining companies should buy short papers and ask to deliver physical gold,silver,platinum,palladium.
The Cartel of big investment banks which are issue papers will be crack over night and after that all will be normal supply and demand.
I do not understan why they do not do it.
The Cartel is borrowing money to miners and control them,but they should do like Cartel do buy short with deliver.
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overtheedge - 10/31/2014 at 3:38 AM GMT
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  ECB Stress Test Results Show Banks Struggling
 - Philippe Herlin - GoldBroker
Excellent catch. Thanks.
Consider the question from between these lines:
"European banks hold 880 billion euros worth of bad or doubtful loans (e.g. at least 90 days late for payment), and this number represents 4% of their balance sheets. "

4% is 1/25th
880 billion X 25 = 22,000 billion euros
Gotta subtract the reserves ~ 4% or 880 billion for 21,120 billion euros.

Consider this:(e.g. at least 90 days late for payment)
What about those loans that are 45, 60 or 85 days late? 
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John R. - 10/30/2014 at 2:29 PM GMT
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  Gold's Obituary  (7)
 - David Petch - Treasure Chest
Amazing how elliott waves can predict the demise of gold, but prechter and the elliott waves never even acknowledged the rise of 500%. Now we have a "managed" market waves are worth dealing with yet prechter and elliotts waves guys keep saying, "look, look!" 
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jb3415 - 10/30/2014 at 1:26 AM GMT
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  The Fed is Absolutely Terrified of Something… What Is It?  (3)
 - Phoenix Capital - Gains Pains & Capital
a lot of people are going to be taking it hard from the back.... 
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overtheedge - 11/2/2014 at 12:14 AM GMT
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  Nobel Winner Jean Tirole’s Faulty Views on Monopoly
 - Frank Shostak - 
Relax, Alfred Nobel knew that economics was a branch of philosophy. Philosophy being just reasoned opinion.
What Jean Tirole won was the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel".
Sveriges Riksbank is the Swedish Central Bank.
It is the banker's and economist's version of the "Oscars".
By using Nobel's name, they attempt to add credibility to the opinions of philosophers. Oh and maintain their employment.
They even go so far as to call their study "economic science".

Science predicts with a high degree of accuracy.
Otherwise it was a great rant. 
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