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PowerBall commented on the post, Fed to Attempt MOPE Taper in September? 9 hours, 45 minutes ago
Yep, exactly as I posted yesterday. They will taper the QE by a slight amount.
This will keep the metals and commodities like oil under control through the summer. However, once the taper begins expect interest […] -
PowerBall commented on the post, Platinum ‘Supply Squeeze’ Likely To Lead to Record Prices 12 hours, 38 minutes ago
It appears what Precious Metals Pete stated is coming true. Gold is going much lower which will drive out all the paper products then it will get revalued to true worth. That point about driving out the paper […]
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PowerBall commented on the post, Here’s Why The “Taper” Won’t Happen 1 day, 6 hours ago
I absolutely agree. They taper first and watch things slow down for 4 or 5 months then come in with a solution which is probably even larger amounts of QE.
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PowerBall commented on the post, Here’s Why The “Taper” Won’t Happen 1 day, 7 hours ago
Pat, maybe I should have clarified my remark some more. I believe they want MORE QE and will taper some first and watch the system start to crash. Initially they hold up the stock market to show everything is […]
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PowerBall commented on the post, Eric Sprott: Central Banks Selling Gold Are Running on Fumes! 1 day, 7 hours ago
Genius8 – the point I am making is it wasn’t enough to cause Bank Runs in Europe. Sure it stunk for a few weeks but all of the small depositors which are probably 99.9% of the population got all of their money […]
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PowerBall commented on the post, Eric Sprott: Central Banks Selling Gold Are Running on Fumes! 1 day, 8 hours ago
I don’t see how Cyprus would cause Bank Runs. While it locked up everyone’s account for a week or two the Bail-In mostly targeted the very wealthy trying to hide money and not paying taxes. The average citizen […]
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PowerBall commented on the post, Here’s Why The “Taper” Won’t Happen 1 day, 9 hours ago
I think chances are high they will taper. This allows interest rates to rise, economy to slow over the summer and allows them to ride to the rescue in the fall with another large round of QE. It also allows them […]
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PowerBall commented on the post, Eric Sprott: Central Banks Selling Gold Are Running on Fumes! 1 day, 10 hours ago
While I hope Eric’s information is correct my question is a video released today (Barclay’s) below which states silver industrial and investment demand has fallen sharply in the last couple of month back to 2011 […]
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PowerBall commented on the post, Gold Demand Extraordinary In Vietnam – Paying $217 Premium Over Spot 1 day, 13 hours ago
Unfortunately in the U.S. silver rounds are easily found for $2.69 over spot.
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PowerBall commented on the post, Glenn Beck to Break WhistleBlower Revelation That Will ‘Take Down’ GOP, Dems, ‘Whole Power Structure’ 5 days, 13 hours ago
I was hoping he’d reveal the whereabouts of Jimmy Hoffa and Big Foot on the same day.
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PowerBall commented on the post, Glenn Beck to Break WhistleBlower Revelation That Will ‘Take Down’ GOP, Dems, ‘Whole Power Structure’ 5 days, 13 hours ago
PatFields – After years of holding back the water all of a sudden a tidal wave of scandals are hitting almost on a weekly or bi-weekly basis. The sentence below is from the article you linked. Spooky […]
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PowerBall commented on the post, Glenn Beck to Break WhistleBlower Revelation That Will ‘Take Down’ GOP, Dems, ‘Whole Power Structure’ 5 days, 14 hours ago
This kind of reminds me of the usual Hollywood stunt they continue to play on the public which is nothing but a marketing ploy. One of their big stars gets in trouble or does something dramatic to get significant […]
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PowerBall commented on the post, Jim Willie: Next Scandal to Break is Leasing & Theft of 20,000 Tons of Allocated Gold! 1 week, 1 day ago
In other words this could continue for the next few months, years or perhaps decades? Whatever happened to all that hopium from last year that gold and silver was ready for blast off any moment plus a COMEX […]
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PowerBall commented on the post, 4 US Intel Officials: NSA Whistleblower Snowden “Should Be Disappeared” 1 week, 1 day ago
And all you preppers must also know the financial powers are definitely, absolutely, positively are not manipulating the gold and silver prices. Iron Clad 100% Guarantee Or Your Money Back. Nothing to see here so […]
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PowerBall commented on the post, Does China Plan To Back The Yuan With Gold And Make It The Primary Global Reserve Currency? 1 week, 6 days ago
All of these articles are 90% wrong even when they are right. I seriously doubt we’ll see a 100% backed gold currency but perhaps a BRICS currency where 10% is backed with precious metals. The FIAT banks of the […]
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PowerBall commented on the post, Collapse Isn’t Coming-We’ve Already Begun-David Quintieri 2 weeks, 4 days ago
I’m beginning to read this much different. It’s a deception where there is no place to safely place wealth for any period of time without getting fleeced. Who could had predicted the rapid drop in silver and […]
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PowerBall commented on the post, Collapse Isn’t Coming-We’ve Already Begun-David Quintieri 2 weeks, 4 days ago
The only crash which is happening is collapse of the middle class and small business owners. We’re heading into a Latin Economy where 2% are Super Rich and own everything while the other 98% are poor. This is […]
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PowerBall commented on the post, Jim Willie: Golden Paradigm Shift! 3 weeks, 2 days ago
@Widget. The only thing which seems obvious is they could put a short time limit to turn in existing currency otherwise it becomes worthless. So if they issued a new $100 bill and gave everyone 30 days to turn […]
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PowerBall commented on the post, SD Metals & Markets With T. Ferguson: Bullion Banks Ready to Ride the Silver Rocket! 1 month, 1 week ago
Good points. The U.S. has a tremendous amount of ore reserves that have been sitting idle for the past 50+ years. There’s no reason they couldn’t roll back some of the over-the-top regulations, allow the metals […]
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PowerBall commented on the post, SD Metals & Markets With T. Ferguson: Bullion Banks Ready to Ride the Silver Rocket! 1 month, 1 week ago
In response to the cartoon article above it seems the strategy is to give the East a large portion of the gold then devalue. Let they buy it at $1600 – $1900 then the banks knock the price down to $1300 or $1400 […]
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