Think Like a Pirate!

The “Saddle Ridge Hoard”  of 1,400 US gold coins was recently discovered by a couple in California, buried in several old, rusty cans.  The cans were happened upon by the couple who were walking their dog, and when it was all dug up, over 1,400 U.S. gold coins were recovered from them.  Why would someone bury these coins during a time of the classical gold standard?  Ponder this, from the throughout that timeline, up until about World War I, both gold and silver coins could be obtained from any bank by simply redeeming your certificates(your dollars) in exchange for them.
Paper dollars were originally a receipt, a claim, on the real goods: gold and silver. The person who owned those coins, simply could have left them in their local bank’s safe, and just returned the receipts in exchange for the coins anytime they wished.  So, why didn’t they just do that? 
Unless…unless there was a more disturbing reason they didn’t wish to do that.
The shocking answer to what the original owners of the Saddle Ridge Hoard were seeking safety from still has implications for you and your wealth here in 2014….

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Here’s How a Distant Relative Could Save Your Life

For most of us in the world, we are born tethered to a single national identity.   The passport is our rope.  It’s our lifeline, and we depend on it wholly. Some are blessed with a strong stable rope, which can enable one to feel secure, travel freely, and do business easily. However, for some, their ropes are beginning to fray from years of being worn down by debt, corruption, and instability. For those with a weak rope, it’s essential to work on getting more as quickly as possible. That means, a second citizenship, which in addition to providing greater safety, can also give you greater freedom to travel, work, and invest. [Read more...]

War Cycles and The Price of Gold

There are many fundamental factors which contribute to the price valuation given to gold at any time.
At the same time gold is valued by reference to it’s comparative efficacy to other assets as: a non national (foreign) currency, a zero coupon AAA (and better) bond type asset, an inflation hedge, a hedge against systemic risk as per eg collapse or loss during war or catastrophe.
So I got to thinking that it might be interesting to look at repeating alleged cycles in the frequency and size of wars, and interpret those cycles by looking at the behaviour of the gold market during those historic times.
So hopefully for every war cycle there would hopefully be a similar lead up period, and some similarity during it’s crest and decline of current waves when compared with earlier waves of that particular war cycle.
The (alleged) war cycles I chose to work with are the following: [Read more...]

GOLD & SILVER: The Eternal Monetary Couple

Ron Paul goldJust when they announced the end of gold and silver in 2000, both started shining again.
It seems that it is not the death of gold and silver as money that will happen, but rather the death of fiat money. For more than 2,000 years, gold and silver have been used as money under different forms and have outlived any other form of currency (graph #1). We should not ignore also Dr. Copper. Gold and silver are called the eternal monetary couple, but I would also add copper and call it the eternal monetary trio. [Read more...]

As The HUI Turns

As we’ve been claiming all year, gold put in a Double Bottom in late 2013 and is now on the road to recovery and a resumption of its bull market.   Since January, I’ve had a price target of $1500 for 2014 and I see no reason to adjust that forecast.   The HUI has recovered, too, and has already moved more than 30% off of the late 2013 lows.
So, the questions become:
Is that it? Will the miners now roll over and continue their downtrend or will they continue to rally?
The answer is in the charts.

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Here We Go: Police Shoot And Kill Another Young Black Male Near Ferguson

On Tuesday, police in north St. Louis shot and killed a 23-year-old African-American male that was suspected of robbing a convenience store.  It is being reported that it was “suicide by cop” as he was brandishing a knife and kept coming toward the police even after they ordered him to stop and drop the knife multiple times.
Within moments of the shooting, there were reports that crowds were already gathering at the scene.
Needless to say, this will inflame the riots that have been going on for more than a week in nearby Ferguson.
The protesters in Ferguson aren’t going to care if the police followed proper protocol or not. 
All they are going to care about is the fact that the police have shot and killed another young black male. [Read more...]

Gold 2014: The Year Of Transition- Stewart Thomson

gold-coin-sales-halted-chi-20140807-001At about 2PM today, the next FOMC minutes get released.
The bottom line: With the CRB index approaching solid support, any gold-negative news is not likely to move the price of gold lower than $1275.

The upside numbers of importance are $1325, $1347, and $1392.   This is a different market than it was, when QE was the main theme of global gold price discovery.
While it will likely take longer than most investors expect for gold to rise significantly, it will still rise, and gold and silver equities are poised to do extremely well.
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Jamie Dimon’s Big $13 Billion Secret – The Truth Behind the JP Morgan Settlement

Dimon“Afterward, West went into the office, where his first meeting of the day was with Holder and James Cole, the deputy attorney general, in Holder’s conference room. Just as he was telling the two men about his call with Dimon, his cellphone rang. It was Dimon again. West took the call, pacing back and forth at the far end of the room. Dimon proposed a meeting on September 26 and assured him that the bank would come back with a significantly increased offer.  West agreed to recommend that Holder postpone the filing of Wagner’s complaint and meet with Dimon.  That was an unprecedented move.  It’s not every day that the attorney general of the United States postpones the filing of a civil complaint against a powerful Wall Street bank at the request of its CEO so that the two sides can cut a deal in private. Whatever was in Wagner’s complaint, Jamie Dimon did not want it to become public knowledge
It was the largest financial settlement of all time, and it kept Wagner’s complaint away from the prying eyes of the public.”
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President Of Ghana Medical Association Denies Ebola Outbreak or Cover-Up

170px-Ebola_virus_emBelieve nothing until it is officially denied.

Ghana citizens might want to keep that famous quote in mind as the President of the Ghana Medical Association (GMA), Kwabena Opoku Edusei, took to state radio in Accra, Ghana’s capitol city today, reporting:  ”There is no official record of Ebola disease in any health facility in the country and there has been no cover-up.”

Is it time to panic in Ghana? 

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Bix Weir: The Fix is In Again!

The “new” Silver Fix is nothing more than Banksters bidding against Banksters on a phantom electronic market, says Bix Weir from Road To Roota.
After the first day of the “NEW” Silver Fix, it’s clear that it’s nothing more than a bad joke.   Bix says, THE FIX IS IN AGAIN!
Bix continues, “But it shouldn’t matter to us because we are watching what happens to the silver derivative contracts that are still outstanding and are supposed to settle at the “Silver Fix”… which doesn’t exist anymore.”
WHERE IS THE PROMISED TRANSPARENCY???  WHERE IS THE PHYSICAL SILVER BEING EXCHANGED??
WHERE IS THE OVERSIGHT AND REGULATORS MAKING SURE EACH BID IS REAL AND EACH OFFER TO SELL HAS DELIVERABLE METAL…THAT WILL GET DELIVERED?
WHY IS IT SO HARD TO SET UP A PHYSICAL SILVER MARKET?

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How a Reserve Currency, Such As the US Dollar, Dies…Slowly at First, Then All At Once

The existing dollar-centric system is not in the favor of most of the new powers of the world…and they are rapidly moving to reduce their dependence on the dollar.
If $12+ trillion is no longer needed as reserves for international settlement – where does that money go?  Well, a relatively small reduction in dollar trade replaced by Yuan, Ruble, Real, etc. (say 5%-10% over 2014) would free up $600 B to $1.2 T to move where dollars are still readily accepted…the US of A.    Typically, these dollars would be levered up (say conservatively 5x’s)…and voila, $3 trillion to $6 trillion of purchasing power is introduced to America in 2014.  Things like stocks, bonds, and Real Estate would be very positively pushed higher and higher (rents, insurance, etc. would also be unwelcomingly pushed higher as wages remain flat due to structural unemployment issues.
But let’s say in 2015 the pace of BRICS non-dollar trade continues expanding and international settlement in non-dollars grows by 10% to 20%…and 10% to 20% of dollars are no longer needed as reserves to buy oil, wheat, finance trade, etc.   This is about $1.2 trillion to $2.4 trillion formerly held reserves cleared to go looking for their home…the US$1.2 trillion to $2.4 trillion levered again very conservatively @ 5x’s is $6 trillion to $12 trillion in “hot” money looking for assets.  With just a fraction of all the inflation the US exported over the ’71-present period coming home…this creates what amounts to a hyperinflationary-monetary dollar overdose in America.
Once these things start, they create a momentum of their own and eventually a likely counter by the administration to freeze out these dollars and the likely panic this ensues both domestically and internationally.

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Hong Kong Fund Manager Blasts Jim Rickards As US Gov’t Propaganda Agent!

dynamiteThe U.S. government is essentially communicating to people through its agents that we still have all that gold in our vaults and to prove it, here is the serial number.   So, if necessary, just show up with this piece of paper and we will deliver the gold.

I have said all along that Jim Rickards is a front for the Government and is trying to sell the idea of using the IMF SDR to the world as a reserve currency replacement for the dollar.  
Too bad for the U.S. that the IMF SDR will not be the dollar replacement. [Read more...]

Why Were The Police In Ferguson Told Not To Stop The Rampant Looting?

On Friday night, the city of Ferguson, Missouri was absolutely packed with militarized policeBut when the looting started, they did nothing about it In fact, news reports indicate that the police were lined up just blocks from where the looting was happening but did not make any attempt to stop it.
According to eyewitnesses, police vehicles were seen driving by some of the stores while they were being looted and they did not respond.  If the police are not even going to lift a finger to stop rampant theft, then what in the world are they there for?
Why don’t they just pack up and leave the streets completely?  If they are just there to confront protesters and arrest journalists, all they are accomplishing is inflaming the situation.  And is this what we can expect when civil unrest spreads to more cities throughout America?  Will we not be able to depend on the police to protect our homes and our businesses?
What I am about to share with you are excerpts from mainstream news reports about how the police did nothing to stop the looting.  To me, this stand down by the police is one of the most disturbing aspects of the Ferguson riots so far.

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Reno “Big Show” — AGXIIK’s Report On One Of The Biggest Gun Shows In The West

Saiga12 Build by "The Hunter Of Skulls" I reviewed the Reno Gun show last August.  Click here to read that report.  How times have changed, and for the better.

At the 2014 Big Show, dealers had nearly unlimited amounts of all the popular pistol, rifle and shotgun ammunition
Prices were more than 50% lower than the Reno Gun show of early 2013
As a matter of fact, with no lines and no limits, the buying experience was fairly routine and enjoyable.
We saw people with dollies full of ammo cases being toted to the exit doors.
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CIA Spies On Senate. Here’s How to Take Back Your Digital Privacy

Back in March serious allegations came out of the Senate that the CIA was monitoring and even hacking Senate computers. They were denied vehemently at the time by CIA director John Brennan, who went so far as to say “that’s just beyond the scope of reason.”
Unsurprisingly, of course, the CIA has now come out saying that, yes, they did in fact spy on Senate aides’ computers.
Oh, and that they’re sorry. Very sorry.
If you agree with the premise that every person has the right to protect their personal matters and privacy from the Big Brother, there are free options to use out there that can ensure your communications, your digital presence and activity, and your data remain secure and private.

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