Shares of mining companies tend to be more volatile than the precious metals themselves--which are already volatile. Having said that, shares of mining companies have been beaten up badly since peak values in 2011. The bottom may have been put in place last year, and the fact that shares have outperformed in 2014 is bullish for the precious metals complex because shares tend to lead the prices of the underlying metals.
Despite mining shares outperforming other asset sectors, mainstream financial media continually ignores this sector.
Due to the high volatility, it takes a strong stomach to trade in mining shares, but the bottom may be in place. However, share appreciation will be not be a straight line, so be careful, and be nimble. Buying on dips for shares is the greed trade. The fear trade is buying physical gold and silver.
http://news.investors.com/080114-711490-gold-silver-miners-show-strength.htm?ven=yahoocp&src=aurlled&ven=yahoo
Sunday, August 3, 2014
G-20 Revolt? France Gets "Positive Reception" To Challenge US Bank Fines
With friends like these, who needs enemies? The fact is: the US is running out of allies, and the USDollar is on its way out as the global reserve currency.
http://www.zerohedge.com/news/2014-08-03/g-20-revolt-france-gets-positive-reception-challenge-us-bank-fines
http://www.zerohedge.com/news/2014-08-03/g-20-revolt-france-gets-positive-reception-challenge-us-bank-fines
Saturday, August 2, 2014
McCollum Memo
http://en.wikipedia.org/wiki/McCollum_memo
Was the McCollum memo in 1940 a precursor to Pearl Harbor? Is Bill S.2277 preceding World War III? See http://www.paulcraigroberts.org/2014/07/24/washington-escalating-orchestrated-ukrainian-crisis-war-paul-craig-roberts/
Was the McCollum memo in 1940 a precursor to Pearl Harbor? Is Bill S.2277 preceding World War III? See http://www.paulcraigroberts.org/2014/07/24/washington-escalating-orchestrated-ukrainian-crisis-war-paul-craig-roberts/
Friday, August 1, 2014
Saudis lament, 'we have been stabbed in the back by Obama'
http://www.foxnews.com/opinion/2013/12/27/saudis-lament-have-been-stabbed-in-back-by-obama/
“The bond of trust between America and Saudi Arabia has been broken in the Obama years," al-Ibrahim said. "We feel we have been stabbed in the back by Obama."
"Every time that Obama had to choose between his enemies and his friends, he always chose his enemies," he said. "We don't know what he's putting in his tea."
Obama's Former Chief Economist Has Some Words Of Encouragement For US Workers
This is another example of a former government bureaucrat exposing the truth only after they leave office.
http://www.zerohedge.com/news/2014-08-01/obamas-former-chief-economist-has-some-words-encouragement-us-workers
http://www.zerohedge.com/news/2014-08-01/obamas-former-chief-economist-has-some-words-encouragement-us-workers
*KRUEGER SAYS WORKERS NEED TO 'RATCHET DOWN WAGE EXPECTATIONS'
Man Who Executed QE1 Exposes True Horror Of 2008 Collapse
The truly frightening thought is the next financial crisis will be orders of magnitude worse than the 2008 crisis. Because the next bubbles to burst will be the dollar and US Treasury bond bubbles.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/1_Man_Who_Executed_QE1_Exposes_True_Horror_Of_2008_Collapse.html
In
the short-term, the dollar and US Treasuries may gain strength in a
perceived flight to quality. When wars and geopolitical hot spots
erupt, or when there are natural disasters, or deadly viruses spread
(see ebola), the dollar has been a traditional safe haven. This creates
demand for the dollar and US Treasury bonds.
But the world is catching on to dollar debauchery by the Fed and trading nations are "diversifying" away from the dollar. This will create a flood of dollars sold back to the US. This is extremely bearish for the dollar. and will ultimately cause the end of dollar hegemony.
The Fed and Treasury are deathly afraid of deflation, as it causes markets to implode (even if it has the added benefit of dollar strength--or cash). But they are tone deaf to the ravages of inflation, which harm the poor and middle class the most. A country's central banks first duty is to maintain price stability and currency integrity. The fact that central banks globally are pursuing a policy of inflation is borderline insane.
The Fed masks currently inflation with official CPI statistics of 2% when true inflation rate is 9-10%, according to shadowstats.com, which uses pre-1994 calculation methodologies. This inflation is showing up in financial assets, high end art, real estate, as well as in staples like food and energy. Other sectors affected include education and healthcare. Inflation reduces the standard of living for all--that's what the financial elites don't tell the masses.
The powers-that-be equate inflation with GDP growth. GDP growth can also be overstated by car manufacturers' inventory bulging due to unsold cars, for example. Unemployment is understated due to chicanery and smoke and mirrors. Inflation is understated--all done to mask economic malaise.
This short interview gives a behind-the-scenes look into how the financial elites really don't have a clue on why their economic models aren't working. The previous Jim Rickards interview analyzes the disconnect.
But the world is catching on to dollar debauchery by the Fed and trading nations are "diversifying" away from the dollar. This will create a flood of dollars sold back to the US. This is extremely bearish for the dollar. and will ultimately cause the end of dollar hegemony.
The Fed and Treasury are deathly afraid of deflation, as it causes markets to implode (even if it has the added benefit of dollar strength--or cash). But they are tone deaf to the ravages of inflation, which harm the poor and middle class the most. A country's central banks first duty is to maintain price stability and currency integrity. The fact that central banks globally are pursuing a policy of inflation is borderline insane.
The Fed masks currently inflation with official CPI statistics of 2% when true inflation rate is 9-10%, according to shadowstats.com, which uses pre-1994 calculation methodologies. This inflation is showing up in financial assets, high end art, real estate, as well as in staples like food and energy. Other sectors affected include education and healthcare. Inflation reduces the standard of living for all--that's what the financial elites don't tell the masses.
The powers-that-be equate inflation with GDP growth. GDP growth can also be overstated by car manufacturers' inventory bulging due to unsold cars, for example. Unemployment is understated due to chicanery and smoke and mirrors. Inflation is understated--all done to mask economic malaise.
This short interview gives a behind-the-scenes look into how the financial elites really don't have a clue on why their economic models aren't working. The previous Jim Rickards interview analyzes the disconnect.
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/1_Man_Who_Executed_QE1_Exposes_True_Horror_Of_2008_Collapse.html
“Yes. Every bank, I don’t care what people say, every U.S. bank in the week after Lehman would have gone bankrupt. Any major U.S. bank was done...."
How Israel Spins War Crimes
This is a provocative opinion on the current use of propaganda. Of course, spin and war crimes are often connected, not just from Israel.
http://www.counterpunch.org/2014/07/28/how-israel-spins-war-crimes/
http://www.counterpunch.org/2014/07/28/how-israel-spins-war-crimes/
If it's not OK to spy on senators, is it still OK to spy on citizens?
So the CIA Director admits that spying on the Senate was unconstitutional and in the same breath, admits he lied about it since his denial several months ago. Apology accepted by Dianne Feinstein.
What about illegal snooping on ordinary citizens?
http://washingtonexaminer.com/if-its-not-ok-to-spy-on-senators-is-it-still-ok-to-spy-on-citizens/article/2551506
What about illegal snooping on ordinary citizens?
http://washingtonexaminer.com/if-its-not-ok-to-spy-on-senators-is-it-still-ok-to-spy-on-citizens/article/2551506
India Slams US Global Hegemony By Scuttling Global Trade Deal, Puts Future Of WTO In Doubt
This is another failure for US foreign policy and USDollar hegemony. India's pivot away from the WTO and toward Russia/China alliance is another huge blow to the dollar as global reserve currency.
http://www.zerohedge.com/news/2014-08-01/india-slams-us-global-hegemony-scuttling-global-trade-deal-puts-future-wto-doubt
http://www.zerohedge.com/news/2014-08-01/india-slams-us-global-hegemony-scuttling-global-trade-deal-puts-future-wto-doubt
Rihanna Clarifies She Just Wants ‘Peace’ After ‘#FreePalestine’ Tweet
You know the pro-Israeli support in America is alive and strong when superstar celebrities like Selena Gomez, Rihanna and Dwight Howard feel the need to recant on their tweet "mistake" of "Free Palestine."
It appears the coupling of the African-American and Jewish communities is fracturing a bit on the asymmetric war between Israelis and Palestinians in the Gaza.
http://www.mtv.com/news/1869376/rihanna-free-palestine-tweet/
It appears the coupling of the African-American and Jewish communities is fracturing a bit on the asymmetric war between Israelis and Palestinians in the Gaza.
http://www.mtv.com/news/1869376/rihanna-free-palestine-tweet/
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