Indian goldInterest rates rose throughout the 1970s and inflation and gold soared as that happened.  
Last year’s rate hike was followed by a collapse in the dollar against both the yen and gold. 

inside-the-banksThere are clear signs that in a very convoluted way, possession of gold for investment purposes will be made illegal. Expect capital controls to follow. Chaos from people’s inability to access the money in their bank accounts is now spreading to the people who have so far been unaffected: the middle class.

truthIt is most obvious they are trying to legislate away TRUTH!
In essence, they are trying to say and I paraphrase, if you disagree with the official story, you are Russian propaganda…

fire contagionFITCH DOWNGRADES ITALIAN BANKS – PREPARE FOR CONTAGION!

Buy Gold Bars at SD BullionMeet the $2 TRILLION market Shariah Gold Standard:

collapse

“Financial Crashes are like earthquakes: we know that they are coming, but we know not the day or the hour. The next one is close and is likely to be severe, even epochal.
“In 1998, Wall Street bailed out the hedge funds. In 2008, the central banks bailed out Wall Street. In 2018 – if not sooner – who’s going to bail out the central banks?”
Financial crises are cyclical and the next one is close.  Not only that, but global elites have a secret plan for the next financial crisis…

As investors watch paper gold price charts and prepare to throw in the towel on gold and silver, big fundamental changes are in motion.

Erdoğan’s Call To Citizens: Sell Dollars For Lira, Gold
December 2, 2016

President Recep Tayyip Erdoğan called on Turkish citizens on Dec. 2 to convert their foreign exchange into gold or the Turkish Lira, adding that there was no option other than cutting interest rates to spur growth.

Following his remarks in Ankara, the lira saw fresh lows against the U.S. dollar.

“Those who keep foreign currency under their mattress should come and turn them into lira or gold,” Erdoğan said in a speech to mark the opening of an automotive showroom complex in Ankara.

“Such moves will hurt some people’s game. Do not worry. We will destroy this game together. We saw such things in 2007 and 2008. I then said the problems would not affect Turkey. I am now saying the same thing. The problems will not even touch us,” he added.

More…

Gold Standard Approved for Islamic Finance, Opening New Market
December 5, 2016

Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for the industry adopted Shariah-compliant rules for trading the metal.

The rules approved Nov. 19 allow gold to be used in the $1.88 trillion Islamic finance business, the Accounting and Auditing Organization for Islamic Financial Institutions said Monday in a statement. The AAOIFI developed the standards with help from the producer-funded World Gold Council, which has said the new rules could spur demand for “hundreds of tons” of gold.

The SPDR Gold Trust, the biggest exchange-traded fund backed by bullion traded under stock symbol GLD, will probably qualify, and the standard may open new demand to central banks, Mohd Daud Bakar, a Shariah scholar, said at a press conference in Dubai Monday. Comex gold futures wouldn’t qualify because of a physical backing requirement, he said.

More…

cartel raidAnother raid by our banker friends in gold and silver as they try desperately to keep a lid on the turmoil in the world.  Last night, Italy voted “No” to reforms and as promised Renzi quit as PM.
Italy has a HUGE problem with its banks…

While the world braces for a Trump-style president, the real crisis is coming, in the form of a financial avalanche that could dump on everyone’s parade.

jim-sinclairFrom Greg Hunter:

In perhaps the most important interview of the year, Legendary gold expert Jim Sinclair warns,
“Markets do not exist anymore – and you can’t time what does not exist.”
Sinclair contends a huge transition is underway, and the old system cannot be fixed. A new one is on the way, and the old one is going to end with a bang. 

The over-the-counter derivatives have grown massively beyond world money availability. This has no precedent.  We have killed capitalism.  IT’S OVER…

fed-dollar-gold-note“The Federal Reserve’s balance sheet has exploded.
Anyone who has surplus funds should be holding gold and silver because the dollar should be reduced already to the level of toilet paper…”

In an absolutely stunning editorial for the New York Times, former president Jimmy Carter has publicly called for Barack Obama to divide the land of Israel at the United Nations before Inauguration Day.