Wednesday, December 30, 2015

The Catastrophic Threat of Bail-Ins

I've been blogging about the imminent dangers of bank bail-ins for several years now.  This is an articulate explanation of what to expect in the aftermath of the next financial crisis.

https://www.sprottmoney.com/blog/the-catastrophic-threat-of-bail-ins-jeff-nielson.html

Sunday, December 20, 2015

In your face "Black Swan"!

As America decays, the USDollar's status as reserve currency degenerates further.

http://www.jsmineset.com/2015/12/19/in-your-face-black-swan/


Students at Lena Dunham’s college offended by lack of fried chicken

I couldn't tell if this is Onion-like satire, or if this politically-correct world has gone insane.

http://nypost.com/2015/12/18/pc-students-at-lena-dunhams-college-offended-by-lack-of-fried-chicken/

Saturday, December 19, 2015

CISA Is Now The Law: How Congress Quietly Passed The Second Patriot Act

http://www.zerohedge.com/news/2015-12-18/congress-just-passed-second-patriot-act-and-nobody-noticed-how-cisa-became-law

Hedge Fund Gold Positioning Has Never Been This Extreme

The meme here is short-term trading hedge fund managers are not the smartest guys in the room.  It generally pays well to be a contrarian when it comes to gold futures.  And right now, the hedgies have never been more bearish.

http://www.zerohedge.com/news/2015-12-19/hedge-fund-gold-positioning-has-never-been-extreme
Click on Image to Enlarge

Andrew Maguire – Absolutely Stunning Developments In The Gold Market And At The LBMA

There are many complex and convoluted concepts in the enclosed article by Andrew Maguire.  The short version is that the physical gold market will overwhelm the leveraged paper futures markets.  At the end of the day, billions of paper ounces are being created out of thin air, but Mother Nature only yields a finite amount of gold in her crust.  Hence, own the physical.

http://kingworldnews.com/andrew-maguire-absolutely-stunning-developments-in-the-gold-market-and-at-the-lbma/

Wednesday, December 16, 2015

Amazing. Look at how silver has held its value for 23 centuries–

Gold has a history of maintaining its purchasing power for over 6000 years.  It looks like silver is right behind.
 
https://www.sovereignman.com/trends/amazing-look-at-how-silver-has-held-its-value-for-23-centuries-18368/

Tuesday, December 15, 2015

Obama's Vendetta With Gun Makers Gets Personal: Smith & Wesson Shares Plunge After Call For SEC Investigation

Regulators hitting below the belt.

http://www.zerohedge.com/news/2015-12-15/obamas-vendetta-gun-makers-gets-personal-smith-wesson-shares-plunge-after-call-sec-i

The Majority of Millennials Have $1,000 or Less in Savings

http://howmuch.net/articles/how-much-millennials-have-saved-up?preview=true

The alleged Australian inventor of Bitcoin tried to spend $85m on gold

http://www.businessinsider.com.au/suspected-aussie-bitcoin-creator-tried-to-buy-85m-worth-of-gold-2015-12

Paper Money Versus The Gold Standard: An Explanation

http://www.epictimes.com/richardebeling/2015/12/paper-money-versus-the-gold-standard/

If You Want Security, Pursue Liberty

http://ronpaulinstitute.org/archives/featured-articles/2015/december/14/if-you-want-security-pursue-liberty/

Bitcoin Or Gold: Did The Alleged Bitcoin Creator Just Settle Once And For All What Is More Valuable?

Just as I suspected, Bitcoin may not be as anti-dollar as many proponents believe.

"Money is gold, and nothing else." - JP Morgan, 1912

http://www.zerohedge.com/news/2015-12-14/bitcoin-or-gold-did-alleged-bitcoin-creator-just-settle-once-and-all-what-more-valua

Tuesday, December 8, 2015

Monday, December 7, 2015

James Turk – Oil Plunges 6 Percent To New Lows But What About Gold And Silver?

http://kingworldnews.com/james-turk-oil-plunges-another-6-percent-to-new-lows-but-what-about-gold-and-silver/

...the precious metals continue to trade within a 2-tiered market. The two markets are interrelated because they intersect at the spot price of gold, but they are fundamentally different.
One tier is the physical market, and the second tier is of course the paper market. In the former, people own physical gold. In contrast, in the paper market, people only own exposure to the gold price. They don’t own gold.
When you own a futures contract, option or gold ETF, you don’t own physical gold. Similarly if you own a forward contract for which someone like a bullion bank is obligated to deliver metal to you at some future date, you own paper-gold. All paper-gold comes with is counterparty risk, which changes gold from a safe-haven to just another financial instrument.

Terrorism’s Best Friend—–Bloviating Politicians

http://davidstockmanscontracorner.com/terrorisms-best-friend-bloviating-politicians/