Showing posts with label record. Show all posts
Showing posts with label record. Show all posts

Sunday, February 26, 2017

DNC Chair Candidate Tom Perez’s Bank-Friendly Record Could Kneecap the Democratic Party

 The mainstream media is painting the GOP as divided. Um...as usual, they aren't looking at the right party. Bernie followers are in an uproar with the Democratic party's status quo.

https://theintercept.com/2017/02/22/dnc-chair-candidate-tom-perezs-bank-friendly-record-could-kneecap-the-democratic-party/

Monday, August 3, 2015

Monday, March 31, 2014

$242 Billion: That Is How Much Record "Window Dressing" Banks Got Today Thanks To The Fed

The bank bailouts are never-ending and far exceed official data.  The Fed and US Treasury have been operating "Perpetual Bank Bailouts" to the tune of at least $17 trillion since the 2008 financial crisis--not the reported several trillion.  The Fed's "trading desk" not only bails out domestic banks, but they also bail out foreign banks via currency swaps.  Our federal government and treasury are bankrupt, so they borrow more money to pay off old debts.  A 3rd grader would know this will not end well.

http://www.zerohedge.com/news/2014-03-31/242-billion-how-much-record-window-dressing-banks-got-today-thanks-fed

Saturday, March 22, 2014

How China Imported A Record $70 Billion In Physical Gold Without Sending The Price Of Gold Soaring

Western central banks, governments, and bullion banks are not the only cartels who desire lower precious metals prices, as a means to mask the institutionalized counterfeiting of sovereign fiat currencies.  The Chinese also want manufactured lower paper gold prices so they can buy physical bullion at discounted prices.  Once they are content with their grab bag, they will be happy to see rising gold prices as a hedge against their increasingly worthless portfolio of US Treasury bonds.

Many gold bugs blame the Fed, ECB, and other central banks, as well as the bullion banks acting as agents for the central banks in the precious metals price suppression scheme.  I've posited the Chinese are just as happy to hoard gold at lower prices.  Indians and Chinese have a history of gold ownership--dating back many centuries, and the newly acquired gold will never see the light of day.

The US and Europe are literally bankrupting their economies with every gold bar being transferred from western vaults to eastern vaults--via Swiss refiners.

Asians have the innate sense of what corrupt and insolvent governments will do to combat budget deficits and government largesse:  print more paper currencies. 

http://www.zerohedge.com/news/2014-03-22/how-china-imported-record-70-billion-physical-gold-without-sending-price-gold-soarin

Monday, August 19, 2013

JPMorgan Puzzled By Record Gold Backwardation

That "single largest shareholder" of GLD is John Paulson, who sold the GLD ETF, but the media doesn't report that he replaced it with over-the-counter gold derivatives, which means he is probably planning to take physical delivery of gold--if there is any left.

http://www.zerohedge.com/news/2013-08-18/jpmorgan-puzzled-record-gold-backwardation

Tuesday, May 7, 2013

China’s Gold Purchases From Hong Kong Expand to Record

China and India are buying the $hit out of physical gold.  This is probably the 1000th time I've blogged about it.  Yet, if you watch the western media outlets, gold's days are numbered.  I laugh.

http://www.bloomberg.com/news/2013-05-07/china-s-gold-purchases-from-hong-kong-expand-to-record-in-march.html

Wednesday, May 1, 2013

Gold ETP Holdings Cap Record Drop as $17.9 Billion Wiped Out

Yet, demand for paper gold is down (see previous blog entry about another Bloomberg article reporting soaring demand for physical gold).  It's interesting to note which analysts are bearish on gold and their stated reasons.  One can decipher which firms are part of the anti-gold propaganda machine based on their comments.

http://www.bloomberg.com/news/2013-04-30/gold-etp-holdings-cap-record-drop-wiping-17-9-billion-in-assets.html