Wednesday, July 19, 2017

Here’s Why I Know Bitcoin and Ethereum Are In a Bubble, Built On Top of Outright Scams

http://ibankcoin.com/flyblog/2017/07/19/heres-know-bitcoin-ethereum-bubble-built-top-outright-scams/

Don't Be Fooled - The Federal Reserve Will Continue Rate Hikes Despite Crisis

http://www.alt-market.com/articles/3234-dont-be-fooled-the-federal-reserve-will-continue-rate-hikes

The Federal Reserve Is A Saboteur - And The "Experts" Are Oblivious

http://alt-market.com/articles/3221-the-federal-reserve-is-a-saboteur-and-the-qexpertsq-are-oblivious

The Golden Conspiracy

https://dailyreckoning.com/the-golden-conspiracy/

A Tale of Two Gold Markets

https://dailyreckoning.com/tale-two-gold-markets/

How Governments Can Kill Cash

https://dailyreckoning.com/governments-can-kill-cash/

ALERT: 44-Year Market Veteran Says Retail Panic Selling Now Taking Place In Gold & Silver Markets!

http://kingworldnews.com/alert-44-year-market-veteran-says-retail-panic-selling-now-taking-place-gold-silver-markets/

Paul Craig Roberts – David Stockman Did Not Listen And Propaganda Has Prevailed

http://kingworldnews.com/paul-craig-roberts-david-stockman-did-not-listen-and-propaganda-has-prevailed/

Monday, July 17, 2017

Gold Performs Well Even When Interest Rates Rise

Many pundits believe rising interest rates are bearish for precious metals, since rising bond yields provide more effective competition against gold and silver, which pay no dividends.  By extension, the conventional wisdom is investors would then gravitate toward fixed-income investments (which pay a coupon) over physical gold or silver.  It's intuitively correct, but history shows it is mostly inaccurate.

Gold made its historic run up in the 1970's when inflation was rearing its ugly head.  More recently, the Fed raised interest rates a tick (reversing policy for the first time since 2008) in December 2015, which coincided with the bottom in gold.  The reason is because not only is gold a good hedge against inflation, but it performs even better when there is distress in financial markets and doubts about the soundness of currencies.

https://www.caseyresearch.com/heres-what-happens-to-gold-when-interest-rates-go-up/


Sunday, July 16, 2017

Gold shops: coming to a high street near you?

http://www.telegraph.co.uk/business/2017/07/16/gold-shops-coming-high-street-near/

THIS IS TERRIFYING: Will All Of Your Money Be Wiped Out In The Blink Of An Eye?

http://kingworldnews.com/this-is-terrifying-will-all-of-your-money-be-wiped-out-in-the-blink-of-an-eye-2/
1.  Take $18 trillion of debt printed by insolvent central banks, up 300% since 2006.
2.  Add other public debt as well as private debt to reach $230 trillion, up 60% since 2006.
3.  Add unfunded global liabilities and other commitments of $270 trillion making a total of $500 trillion at a minimum. 
4.  Just one small bit to add, which is derivatives of $1.5 quadrillion taking us to a total of $2 quadrillion or more. 
5.  Run budget deficits for over 50 years like the US.
6.  Always buy more than you sell, creating trade deficits for over 40 years, again like the US or the UK.
7.  Print money to pay for all your government expenses like Japan.
8.  Buy your own debt like Japan, USA, the EU, UK, etc. 
9.  Mismanage your country and currency until the money reaches its intrinsic value of Zero. So far, all major currencies are down 97-99% since 1913.
10.  Allow the financial system unlimited leverage to benefit a miniscule minority and burden the masses with debt.
11.  Manipulate all markets to totally obscure price discovery. 
12.  Set interest rates at zero or negative so that governments can borrow unlimited amounts. 
13.  Suppress the value of gold in order to hide the mismanagement of money and the economy. 
14.  Set up a system of misinformation and Fake news to mislead the people.
15.  Once 1 to 14 has been achieved, start at 1 again and do more of the same.

Thursday, July 13, 2017

CME Chairman Terry Duffy

Fast forward to the 5 minute mark to see CME Chairman Terry Duffy's comments on the price of gold. It is interesting because gold bugs believe his organization is partly responsible for surreptitiously capping gold's price.

"with all that's going on in the world, it (gold) should probably be at $5,000 to $6,000 per ounce."


https://www.youtube.com/watch?v=U0NPC7tfyNw

Thursday, June 29, 2017

Treasury Will Run Out Of Cash In Mid-October, CBO Warns

The US government is Illinois 2.0 on steroids.  The key difference being, of course, the US Treasury and Fed will just create more dollars out of thin air, and Congress will just raise the debt limit, kicking the can down the road further.  The problem is one day, that can will be a boulder.

http://www.zerohedge.com/news/2017-06-29/treasury-will-run-out-cash-mid-october-cbo-warns

Wednesday, June 28, 2017

The End of the (Petro)Dollar: What the Federal Reserve Doesn’t Want You to Know

Sovereign nations looking to de-dollarize (for good reason) may want to reconsider (for good reason).  The US military industrial complex and the banking cartels which fund the perpetual wars don't look kindly on those attempting to abandon the petrodollar's reserve currency status.

http://theantimedia.org/end-of-petrodollar/

Tuesday, June 27, 2017

Jim Grant Explains the Gold Standard

A return to a gold standard may not happen by design, but it will inevitably happen again--as it always has throughout history. Paper money experiments always eventually fail. 

https://mises.org/blog/jim-grant-explains-gold-standard

How Will Gold Perform During The Next Global Financial Crisis?

http://kingworldnews.com/how-will-gold-perform-during-the-next-financial-crisis/
A possible explanation for the negative correlation between gold and the dollar may be found in the attribute as a safe asset in crisis situations. Although the dollar and gold may superficially be considered substitutable, a closer examination reveals a different picture. In local crises, the US dollar is seen as a desirable asset by many market participants because the survival of the fiat money system as such is not questioned.

It is different in the case of systemic crises. In these situations, confidence in fiat currencies and the banking system is shaken and many market participants pay heed to gold’s historical function as money. Particularly in systemic crises, gold is perceived to maintain its value, while paper money is in danger of becoming completely worthless.

Sunday, June 25, 2017

Get Ready for ‘QT1’: A First Look at the Federal Reserve’s Hidden Policy

Jim Rickards is a stud--let's just get that out of the way.  He has the academic and government pedigree, but he is also street smart and clever to boot, as a hedge fund manager and former Wall Street attorney.  He's not a feckless bureaucrat by any stretch, often formulating a contrarian opinion divergent from Wall Street's echo chamber of group think.

The result is a straightforward, but insightful assessment of potential black swans, often combining theories of complexity and game theory.

https://dailyreckoning.com/quantitative-tightening-fed-hidden-policy/

Thursday, June 22, 2017