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| Mike Hewitt - Dollar Daze |
America's Forgotten War Against the Central Banks |
"Let me issue and control a nation's money supply, and I care not who makes
its laws." (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty)
Many prominent Americans such as Benjamin Franklin, Thomas Jefferson, and
Andrew Jackson have argued and fought against the central banking polices used
throughout Europe.
A note issued by a central bank, such as the Federal Reserve Note, is bank
currency. These notes are given to the government in exchange for an interest-bearing
gTuesday, January 5, 2021 |
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| Ronan Manly - Bullion Star |
New Gold Pool at the BIS Basle, Switzerland: Part 1 |
“In the Governor’s absence I attended the meeting in Zijlstra’s room in the BIS on the afternoon of Monday, 10th December to continue discussions about a possible gold pool. Emminger, de la Geniere, de Strycker, Leutwiler, Larre and Pohl were present.”
13 December 1979 – Kit McMahon to Gordon Richardson, Bank of England
Introduction
A central bank Gold Pool which many people will be familiar with operated in the gold market between November 1961 and March 1968. That Gold Pool was known as tSaturday, April 18, 2020 |
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| Keith Weiner - Monetary Metals |
Standing Ready to Lease Gold |
We will take another break from capital destruction, to treat a topic which has come up this week. On March 11, we said:
“…central bankers do not think about gold.
Granted, they once did. In the 1960’s, there was the now-infamous London Gold Pool to keep the price of gold at $35. This is endlessly cited as evidence of current central bank price suppression, without bothering to mention that until 1971 the official US policy was to maintain the dollar to gold exchange rate of $35 to the ounce. …
Tuesday, March 20, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Crude Oil – Who Wants the Triangle |
On Thursday crude oil wavered between small gains and losses, but finished the day only 23 cents above Wednesday closing price. Such small daily changes that we observe recently don’t look too encouraging for oil bulls or for the bears. However, to dispel boredom, we rummaged deeper in the charts and we found something that may interest both sides of the market’s battle. Curious?
Nevertheless, before we get to our little surprise, we would like to draw your attention to news from the IEA. YesterSaturday, March 17, 2018 |
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| Bullion Vault |
Silver Hit by Heaviest Bearish Betting in 15 Years, Gold Prices Unmoved by Italy's 'Messy' Election |
GOLD PRICES held onto last week's closing level Monday morning in London as the weekend's national elections in Italy – the Eurozone's third largest economy – gave no clear winner overall,
writes Steffen Grosshauser at BullionVault.
Analysts and traders were further worried by US President Donald Trump's open declaration of
a "trade war", with commodity prices slipping and major government bonds rising.
Tuesday, March 6, 2018 |
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| Peter McKenzie-Brown - Language Instinct |
Barbecues, Booms and Blogs |
Barbecues, Booms and Blogs
Fifty Years of Public Relations in Calgary
ISBN number: 978-1-55059-363-1
Copy for inside front cover:
Public relations is "the management function which evaluates public attitudes, identifies the policies and procedures of an individual or organization with the public interest, and plans and executes a program of action to earn understanding and acceptance."
Canadian Public Relations Society definition
Title: Barbeques, Booms and BlogsSubSunday, March 4, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Crude Oil – It Smells Like… Profits |
Although oil bulls pushed black gold higher after yesterday market’s open, their triumph was very short-lived. Looking at the daily chart, it even tempts to say that their rally took place on an empty tank. Why? Because thanks to yesterday’s decline oil bears not only made short positions more profitable, but also gained next pieces to their puzzle. Let's check them together in today's alert.
Today's alert will start a little differently than usual, because we will take you on a small journey toFriday, March 2, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Relationship Between Crude Oil and U.S. Dollar in February 2018 |
On Thursday, the price of black gold moved higher after the EIA weekly report showed an unexpected decline in crude oil inventories. Is this one bullish factor strong enough to push light crude higher in the following days? What did the buyers miss?
Yesterday, the Energy Information Administration reported that crude oil inventories declined by 1.6 million barrels in the week ended Feb. 16, beating expectations for a gain of around 1.8 million barrels. This first in four weeks decline in crude oSaturday, February 24, 2018 |
|
| Alasdair Macleod - Finance and Eco. |
When will the next credit crisis occur |
The timing of any credit crisis is set by the rate at which the credit cycle progresses. People don’t think in terms of the credit cycle, wrongly believing it is a business cycle. The distinction is important, because a business cycle by its name suggests it emanates from business. In other words, the cycle of growth and recessions is due to instability in the private sector and this is generally believed by state planners and central bankers.This is untrue, because cycles of business activity hSunday, February 11, 2018 |
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| Richard Mills - Ahead of the Herd |
Resurgent US oil industry priming the economic pump |
Crude oil prices dropped from $110 a barrel in the summer of 2014 to about $30 in January 2016. The effect on oil producers and oil-producing countries was dramatic. The Russian ruble plunged, and the Canadian dollar slipped to below 70 cents US for the first time since 2003, kicking the country into recession and snuffing out the oil boom in Alberta. Many foreign companies operating in the high-cost Canadian oil sands pulled up stakes.
One of the hardest hit countries was Venezuela, whose petrFriday, January 26, 2018 |
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| Oilprice.com - oilprice.com |
The World’s Most Expensive Oil |
When asked about the most expensive oil grade out there, those working in the oil industry are caught blindsided because there’s no easy way to answer this question.
The price of crude oil is determined by its physical characteristics (low-density, low-sulphur grade blends generally cost more, but there are several exceptions to this rule), classic supply-demand conditions, distance from main marketing outlets and trading hubs, potential risks and general market sentiment.
To make matters even mWednesday, January 10, 2018 |
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| Oilprice.com - oilprice.com |
What Drove WTI Above $60 |
WTI briefly broke above $60 per barrel on news that a pipeline in Libya exploded, knocking a sizable portion of supply offline.
The oil pipeline carries crude oil to the Es Sider oil export terminal, Libya’s largest, raising fears of a dramatic supply outage. Early reports suggest that the explosion was the result of an attack by militants, although the precise cause was unclear.
However, Libya’s National Oil Company said that the incident will curtail output by 70,000 to 100,000 bpd – not a triFriday, December 29, 2017 |
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| Oilprice.com - oilprice.com |
The Billionaires Betting On Space Travel |
The space race is on for some of the biggest names out there. Leading technology giants like Amazon.com, SpaceX, Microsoft, Virgin Group, Google, and Facebook are all getting in on the action.
Amazon.com CEO Jeff Bezos, the world’s second richest man after Microsoft’s Bill Gates, is funding rocket company Blue Origin to the tune of $1 billion a year. Blue Origin has been putting together a rocket factory in Kent, Wash., for several years. The company also plans to launch its rockets from a NASAWednesday, December 13, 2017 |
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| Mish - Global Economic Analysis |
Venezuela to Launch "Petro" Cryptocurrency |
With Venezuela in default as well as hyperinflation, president Maduro vows to fight a US "blockade" with the "Petro".Reuters reports Venezuela to launch cryptocurrency to fight 'blockade': Maduro.
President Nicolas Maduro said on Sunday that Venezuela will launch a cryptocurrency to combat what the leftist leader says is a financial “blockade” against the crisis-hit nation spurred by U.S. sanctions.
Maduro said the OPEC member’s new currency, “petro,” will be backed by natural resources reserveMonday, December 4, 2017 |
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| Rory Hall - Sprott Money |
If You THINK About Taking Someone’s Golden “Pet Rock” It Would Be a “Declaration Of Financial War” - Rory Hall |
Russia is not Venezuela.
I have long argued that most of Venezuela’s monetary issues are due
to their unwillingness to return the gold they received from the Federal
Reserve. Goldman Sachs had offered to acquire Venezuela’s gold, when
the oil market began it’s slide and
OPEC decided to flood the market with oil.
The story line was OPEC was attacking the US shale oil market when this
move actually crushed Russia and Venezuela’s oil market. Venezuela,
eventually, accepted
Goldman’s offerFriday, December 1, 2017 |
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| Bullion Vault |
Gold Bullion Nears 4-Week Friday Low as 'No Way Currency' Bitcoin Rallies, Turkey-US Tensions Worsen |
GOLD BULLION prices gave back a rally against the US Dollar on Friday to head for their lowest weekly close in four as European stock markets retreated, relations between Turkey and Nato ally the US worsened again, and Bitcoin rallied 6% below this week's new all-time record high.
Falling back to $1273 per ounce at lunchtime in London, wholesale gold bullion bars began December 10% higher for 2017 to date against the Dollar, but was lower from NFriday, December 1, 2017 |
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| Jan Skoyles - GoldCore |
Own Gold Bullion To “Support National Security” – Russian Central Bank |
– We own gold bullion to “support national security” – Russian Central Bank
– Russia warns Washington: Confiscating fx reserves would be “declaration of financial war”
– Russia has quadrupled its gold bullion reserves in decade
– BRICs discussing ‘the possibility of establishing a single (system of) gold trade’
– Russia, China & maybe Saudi Arabia form alliances to unseat petrodollar
– Putin warns state-owned and private companies: be ready for rapid transition to war-time operations
– Russia, CWednesday, November 29, 2017 |
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| Deepcaster |
Profit, Protection, Despite Cartel Interventions—November 2017 Update |
Governments love [the war on cash]. Then they can control you...we are not going to have as many freedoms as we have now ...get prepared because we're going to have the worst economic problems we've had in your lifetime or my lifetime and when that happens a lot of people are going to disappear.“…the next time aroWednesday, November 1, 2017 |
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| Chris Powell - GATA |
Venezuela fails to reclaim the gold it pawned to Deutsche Bank |
* * *
Venezuela Allows $1.7 Billion Gold Swap with Deutsche Bank to Lapse, Legislator Says
By Corina Pons
Reuters
Monday, October 22, 2017
CARACAS -- Venezuela this month allowed a $1.7 billion gold swap with Germany's Deutsche Bank to lapse, according to an opposition legislator who said it weakens the balance sheet of the crisis-stricken OPEC nation's central bank.
Through the operation, Venezuela had received $1.2 billion in cash in exchange for putting up $1.7 billion worth of gold in guaraTuesday, October 24, 2017 |
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| Przemyslaw Radomski CFA - SunshineProfits |
Will Crude Oil Drop under $50 in Coming Week |
Although the price of black gold increased a bit on Friday, the commodity closed the whole week below important resistance lines and invalidated earlier breakouts. What does it mean for crude oil?
Crude Oil’s Technical Picture
Let’s take a closer look at the charts below and find out (charts courtesy of http://stockcharts.com).
On Friday, we wrote the following:
The first thing that catches the eye on the medium-term chart is an invalidation of the breakout above the long-term green resistancFriday, October 6, 2017 |
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