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| RATIOS & INDEXES |
| Gold / Silver | 61.25 |
| Gold / Oil | 14.29 |
| Dowjones / Gold | 11.19 |
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 | Articles related to Creditors |  |
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 | FOFOA - FoFOA |
Glimpsing the Hereafter 2  |
| In this, my 400th post, I will peer into the future, to the Freegold revaluation and beyond. But I do not have an actual crystal ball. All I have is logic and reason, and a little help from Another and FOA. So to quote FOA, "If you came with a notion that I am someone who sees the future, grab the children and run far away." But if you came bearing your own logic and reason, then perhaps you will find this post useful. :D
I will touch on a few topics that have been the subject of recent disSaturday, May 18, 2013 |
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 | Mark O'Byrne - gold.ie |
| European Union Likely to ‘Bail In’ Large Depositors |
| Today’s AM fix was USD 1,436.50, EUR 1,103.47 and GBP 938.15 per ounce.
Yesterday’s AM fix was USD 1,429.75, EUR 1,102.52 and GBP 931.19 per ounce.
Cross Currency Table – (Bloomberg)
Gold fell $11.90 or -0.82% yesterday to $1,431.40/oz and silver finished -0.8%.
The European Union will today meet to discuss and move forward the proposal to ‘bail-in’ depositors with savings of over €100,000 as part of future bank wind-downs. It now looks likely that the EU is going to take unprecedented stepTuesday, May 14, 2013 |
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 | Nathan Lewis - New World Economics |
| The "Bail-In" Is Another Bankster Scam |
| (This item originally appeared in Forbes.com on May 3, 2013.)
http://www.forbes.com/sites/nathanlewis/2013/05/03/the-cyprus-bank-bail-in-is-another-crony-bankster-scam/
A new strategy has been unveiled around the world, with the first
test run in Cyprus. Despite early denials, the “bail-in” strategy
for insolvent banks has already become official policy throughout
Europe and internationally as well.
At first glance, the “bail-in” resembles the normalTuesday, May 14, 2013 |
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 | Andy Sutton |
| Irrational Exuberance Part II |
| Every so often the mainstream does get it right; they just don't realize it. Or maybe they do. There is an old saying that every lie has 90% truth otherwise nobody would believe it. The hysteria over the Dow's recent punch through the 15,000 level has everyone associated with stocks almost giddy. Or maybe totally giddy. Or maybe totally disconnected from reality. Take your pick. The article I'm going to dissect can be found easily by a quick search, but it really doesn't matter who wMonday, May 13, 2013 |
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 | Mish - Global Economic Analysis |
| ECB Ponders Buying Toxic Debt of the Periphery; Don't Worry, It Will Be "Fiscally Neutral" and Tempo |
| In an effort to stimulate small and medium (SME) lending the ECB considers acquiring banks toxic debt of the periphery. Via mish-modified translate from Spanish Libre Mercado.
The European Central Bank (ECB) could "soon" start buying bad debts of Southern European countries in an attempt to end the fragmentation in the eurozone and boost funding to SMEs, as confirmed by the German ECB representative Jörg Asmussen.
"It's part of the debate on lending to SMEs," Asmussen said when asked about Thursday, May 09, 2013 |
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| Mark O'Byrne - gold.ie |
| Depositors Beware - Bank Deposits Of Over €100,000 Are At Risk |
| Today’s AM fix was USD 1,463.00, EUR 1,118.67 and GBP 941.74 per ounce.
Friday’s AM fix was USD 1,476.50, EUR 1,124.95 and GBP 949.34 per ounce.
Cross Currency Table – (Bloomberg)
Gold rose $0.70 or 0.05% yesterday to $1,469.90/oz and silver finished down 0.37%.
A bank holiday was observed in the U.K. and Ireland yesterday.
Ireland’s Finance Minister, and current European Council President, Michael Noonan, is introducing a proposal to European finance ministers that will hit depositors thatTuesday, May 07, 2013 |
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 | Mac Slavo - ShtfPlan |
 The Mathematical Reality Is We’re Losing Over 600,000 Jobs a Month That Have Been Hidden From View |
| The Dow Jones is soaring. The unemployment rate is stable. People are shopping. America is in recovery.
Or is it?
Despite all of the positive spin being put on the global and domestic economic recovery, the truth is that nothing of the sort is actually happening.
Any observant analyst can deduce that 15,000+ stock market values are a result of easy money being pumped into investment banks, who then slam that money straight into markets. The Fed itself is reportedly providing direct liquidity to Tuesday, May 07, 2013 |
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 | Charleston Voice |
| Where is World’s Gold? |
| Mufti Mubashir
History says Gold goes to where it is respected. 98 percent of Gold at Federal Reserve Bank of New York is owned by central bank of foreign nations and 2 percent is owned by United States of America.
Germany holds more than 3,000 tons of gold bullion, which represents more than 75 percent of its foreign currency reserves.
Germany build its gold reserves as trade surplus after Second World War. Much of world’s gold is stored in vaults underneatTuesday, May 07, 2013 |
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 | Deepcaster |
| Profiting from Coming Crises |
| (The Fed is) "creating massive fraud.in the short term it's great for assets.at some point there's a levitational problem."Nouriel Roubini,CNN Money, April 29, 2013Like it or not, several crises are impending in the next few months. And it is highly likely certain of these are unavoidable.Fortunately, it is possible to prepare to avoid significant damage from most of these and indeed to profit, as we indicate here.Unfortunately, if one fails to prepare for certain of these very soon, it will be Friday, May 03, 2013 |
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 | Peter Schiff - Euro Pacific Capital |
 The Great Gold Redemption  |
| The most puzzling part of the investment business is seeing how the vast and largely economically illiterate masses interpret any given piece of news. Take the recent gold selloff: many large players were motivated to sell by news that Cyprus will have to liquidate its gold stockpiles to pay off acute debt obligations. But just a moment's reflection shows this reaction to be knee-jerk.The real story behind Cyprus' deal has much more profound ramifications - and they are positive for gold.The RigFriday, May 03, 2013 |
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 | Michael Pento - Delta Global Advisors |
| GDP Bag of Tricks |
| If you're not happy with the stumbling U.S. economy all you have to do is
just wait a few more months. It seems the Bureau of Economic Analysis (BEA)
will perform a little hocus pocus on the GDP numbers starting in July 2013.
According to the Financial Times, U.S. GDP would become 3% bigger due to the
new change in its growth calculations.
It shouldn't come as a surprise they are going to change the way this number
is reported. When GDP numbers are chronically bad (averaging just Tuesday, April 30, 2013 |
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 | Mike Maloney - Goldsilver |
| Is Bitcoin the New World Currency? |
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Bitcoin has been in the news quite a bit lately. We celebrated the first bank to interface with the virtual currency in a WealthCycles.com article in January, and since then Mike Maloney has been inundated with requests for comment.
During one of Mike’s recent Australian presentations, thepeer-to-peer network phenomenon Bitcoin came up in one of the question and answer sessions. Here’s the clip:
Mike hits on all of thTuesday, April 30, 2013 |
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| Peter Schiff - Euro Pacific Capital |
Changing the Conversation  |
| Don Draper, Mad Men's master advertiser likes to say "when you don't like what they are saying, change the conversation." When it comes to the current economic weakness, which was confirmed again today by the release of lower than expected GDP data, Washington would love do just that. Fortunately for them, they consistently outdo the master minds of Madison Avenue when it comes to misdirection. If the government doesn't like what people are saying, they don't bother just to change the conversatSaturday, April 27, 2013 |
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| Aubie Baltin |
| Crack In Dam |
| "One of the penalties of not participating in politics is that you
will be governed by your inferiors."
Plato
“We are in danger of being overwhelmed with irredeemable paper,
representing neither, gold, nor silver; representing nothing but
broken promises, bad faith, bankrupt corporations, cheated creditorsTuesday, April 23, 2013 |
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 | Edwin Vieira - GATA |
| Silver and Gold Guarantee Freedom |
| Silver and gold are not merely valuable commodities, investments, and media of exchange. More importantly, they are key "checks and balances" in America's legal and political institutions.
The fight against the use of silver and gold as money that has been waged by bankers and rogue politicians since the 1870s as to silver and the 1930s as to gold -- and will intensify as fiat currencies collapse throughout the world -- is ultimately directed against America's national independence, her constitutional government, and every common American's individual liberty and prosperity.Monday, April 22, 2013 |
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 | Mickey Fulp - Mercenary Geologist |
| If You Keep Your Money with the Banksters, They are LOL. |
| O Gold!I still prefer thee unto paper, Which makes bank credit like a bark ofvapour.Lord Byron, 1815.
It was 1:30 am on Thursday March 28 on the West Coast of North America. Still jet-lagged a week following my return from Asia, I awoke after a mere three hours sleep to an epiphany.
The thought evidently coincided with the time thatbanksters in Cyprus braced for a run on reserves.Monday, April 22, 2013 |
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