CDC Confirms First Ebola Case Diagnosed In The US, In Dallas Hospital - Press Conference Live Feed

http://www.zerohedge.com/news/2014-09-30/cdc-confirms-first-ebola-case-diagnosed-us

Why Is China Hoarding Gold? Alan Greenspan Explains

This is more evidence Greenspan believes gold is money, despite his official anti-gold quotes as the former Fed Chairman.

http://www.zerohedge.com/news/2014-09-30/why-china-hoarding-gold-alan-greenspan-explains

Rule - Despite Weakness, Gold & Silver Close To A Major Turn

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/30_Rule_-_Despite_Weakness,_Gold_%26_Silver_Close_To_A_Major_Turn.html

US Regulators Fear "Runs" From PIMCO's Systemic Risk As Outflows Soar To 12.5% Of Assets

PIMCO is the world's largest bond fund.  With Bill Gross's "resignation" (he knew he was going to be fired), the outflow of funds is accelerating.  A "run" on bonds means there will be panic selling.

Finance 101:  when bonds sell off, bond yields (interest rates) rise.  This will not only burst the bond bubble, but certainly the equities bubble.

The money authorities ("plunge protection team") will absolutely work into the night to try to prevent this.  Gross's departure from PIMCO could be the black swan event.  That's how fragile financial markets are.

http://www.zerohedge.com/news/2014-09-30/us-regulators-fear-runs-pimcos-systemic-risk-outflows-soar-125-assets

Unintended consequences of a strong dollar

According to the Austrian school of economists, a strong currency is beneficial, as it represents strength in an economy, and purchasing power is sustained.

But if the dollar continues to gain strength, relative to the ruble, Chinese yuan, Canadian dollar, and euro, it will likely hurt US exports, which is generally negative for equities.  If the dollar continues to gain strength as a safe haven and also in anticipation of QE ending, expect the market rally to reverse.

Forward thinkers will understand the Fed can't let this happen on their watch, so they will probably resume printing more dollars, but probably masqueraded in some other official-sounding nomenclature, because the populace is catching on to the fact that QE is merely debt monetization (i.e. legalized counterfeiting).

With markets collapsing, I just don't see how the Fed won't step in.  They will intervene with more "stimulus", at which point precious metals will rally again.  Of course, we don't want to be around when the final collapse occurs, as no amount of paper will save a currency so debauched that all confidence in it has evaporated.

Gold Drops, Silver Tanks

Commodities are tanking generally, as the dollar gains strength as a safe haven.  Of course, long-term this is a mistake, as the reserve currency is the most abused.  But for now, the masses foreign and domestic are creatures of habit, so they will run to the dollar as geopolitical skirmishes pop up everywhere.

If you have some precious metals, wait it out, or if you believe you need more, nibble in.  The goal is to have at least 5 - 10% of your net worth in physical precious metals, as a counter balance to your financial assets.

If the stock market corrects, precious metals may decline in unison, but will rebound as market participants wake up to the fact that the metals represent real purchasing power.  If equities crash, then well, you better have some exposure to precious metals, because it can get even uglier than 2008/2009.

Perspectives on scale and magnitude are important.  At the last secular bottom in 2001, silver was $4/oz. and gold $250/oz.  In 2011, silver peaked at $49 and gold peaked at $1923.  Today, silver is $17 and gold $1208.

Can both drop further?  Probably.  But timing the exact bottom will be impossible.  Can both rally much higher?  Certainly, as long as fiat currencies continue to be created out of thin air, backed by nothing more than promises from insolvent governments.

Accumulating hard assets is the right play.  But it also takes resolve, because timing is an unknown.

“Markets can remain irrational longer than you can remain solvent.”― John Maynard Keynes

Why Europe's Doomsayers Are Right, In One Chart

http://www.zerohedge.com/news/2014-09-30/why-europes-doomsayers-are-right-one-chart

Another Conspiracy Theory Becomes Fact: The Fed's "Stealth Bailout" Of Foreign Banks Goes Mainstream

http://www.zerohedge.com/news/2014-09-30/another-conspiracy-theory-becomes-fact-feds-stealth-bailout-foreign-banks-goes-mains

No, America isn’t Communist. It’s only 70% Communist.

http://www.sovereignman.com/trends/no-america-isnt-communist-its-only-70-communist-15088/

Derivatives Market a $1.2 Quadrillion Time Bomb

http://independentreport.blogspot.ca/2012/09/derivatives-market-12-quadrillion-time.html

Syria, Neo-Cons, And The Attempted Infiltration Of The Liberty Movement

http://www.alt-market.com/articles/2337-syria-neo-cons-and-the-attempted-infiltration-of-the-liberty-movement

Federal Reserve Act Funds Wars

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/09-overflow/20140829_warfed.jpg

The Secret Goldman Sachs Tapes

Maybe this is why Eric Holder resigned.  After all, he publicly admitted the too-big-to-fail banks were too big to jail.

http://www.bloombergview.com/articles/2014-09-26/the-secret-goldman-sachs-tapes

No More Foreplay: Russia Threatens European Gas Supply Disruptions

Speaking of global warming, El Nino should make this a cold winter, and Russia is threatening to do exactly what many feared:  cutting off Europe's gas pipeline.  And so it goes, and why Putin is holding all the cards.

http://www.zerohedge.com/news/2014-09-25/no-more-foreplay-russia-threatens-european-gas-supply-disruptions

How Much Gold Is Really Out There? …Not Enough!

The author doesn't come up with a number for the fair price of gold, but if one connects the dots on his assumptions, the price could be well north of $100,000 per ounce.

http://blog.milesfranklin.com/how-much-gold-is-really-out-there-not-enough

Obamacare Architect Says Society Would Be Better Off If People Only Lived To Age 75

http://endoftheamericandream.com/archives/obamacare-architect-says-society-would-be-better-off-if-people-only-lived-to-age-75?utm_source=feedly&utm_reader=feedly&utm_medium=rss&utm_campaign=obamacare-architect-says-society-would-be-better-off-if-people-only-lived-to-age-75

BREAD, CIRCUSES & BOMBS – DECLINE OF THE AMERICAN EMPIRE

http://www.theburningplatform.com/2014/09/22/bread-circuses-bombs-decline-of-the-american-empire/

China Moves To Dominate Gold Market With Physical Exchange

https://www.goldcore.com/goldcore_blog/China_Moves_To_Dominate_Gold_Market_With_Physical_Exchange

Marsh highlights that in 2015, the IMF will review the composition of their Special Drawing Right (SDR) monetary unit, and an important milestone for the Chinese currency will be “the possible inclusion of the renminbi” in the SDR. According to Marsh. “there is a growing belief that the Chinese currency now conforms to a sufficient number of standards for convertibility that it will be become one of the constituent parts along with the dollar, the euro, yen and sterling.”

In all aspects of the Chinese gold market, be it the commercial sector or the official sector, the importance of gold as an investment and as a backing to a future currency is being explicitly signalled by the Chinese authorities.

Syria Becomes the 7th Predominantly Muslim Country Bombed by 2009 Nobel Peace Laureate

Last year, Obama wanted to bomb Syria to kill Assad.  Today, Obama is bombing Syria to help Assad.   That, in a nutshell, is all one needs to know about US foreign policy.


https://firstlook.org/theintercept/2014/09/23/nobel-peace-prize-fact-day-syria-7th-country-bombed-obama/

Sovereign Buy Orders In Gold, But Watch Silver For Price Gains

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/23_Sovereign_Buy_Orders_In_Gold,_But_Watch_Silver_For_Price_Gains.html

Rigged Gold Price Distorts Perception of Economic Reality — Paul Craig Roberts and Dave Kranzler

http://www.paulcraigroberts.org/2014/09/22/rigged-gold-price-distorts-perception-economic-reality-paul-craig-roberts-dave-kranzler/

The Illustrated Guide To Keynesian Vs Austrian Economics

http://www.zerohedge.com/news/2014-09-22/illustrated-guide-keynesian-vs-austrian-economics

Congress Votes for More War in the Middle East

Ron Paul is on the mark--again.

http://ronpaulinstitute.org/archives/featured-articles/2014/september/21/congress-votes-for-more-war-in-the-middle-east.aspx

There are 200 million people bordering the countries where ISIS is currently operating. They are the ones facing the threat of ISIS activity and expansion. Let them fight their own war, rather than turning the US military into the mercenary army of wealthy Gulf states. Remember, they come over here because we are over there. So let’s not be over there any longer.

California Or Ethiopia? "Families Dream Every Night About Water"

http://www.zerohedge.com/news/2014-09-22/california-or-ethiopia-families-dream-every-night-about-water

First Germany, Now France Folds On Syrian Airstrikes

http://www.zerohedge.com/news/2014-09-22/first-germany-now-france-folds-syrian-airstrikes

Perhaps most concerningly for The US administration, the fact that Germany and France have denied the US leaves them instead sided with Russia's perspective on Syria and ISIS, as "there are deep concerns that the U.S. will bomb not only ISIS positions in Syria, but also the Syrian government forces."