Forget about what stock markets are doing because that is just a diversion…
I did not email any classified material to anyone on my email. There is no classified material. So I’m certainly well aware of the classification requirements and did not send classified material. – Hillary Clinton’s public comments on the EmailGate scandal back in March
Until or unless central banks change their policies to spur this positive economic behavior, they are basically funding war, depopulation and death and destruction.
The President of France has come up with a very creative way of solving the European debt crisis. On Sunday, a piece authored by French President Francois Hollande suggested that the ultimate solution to the problems currently plaguing Europe would be for every member of the eurozone to transfer all of their sovereignty to a newly created federal government. In other words, it would essentially be a “United States of Europe”.
There’s a new bubble in town. It’s anti-gold propaganda.
The anti-gold propaganda spewing forth from all corners of the media is greater and more intense than I’ve ever seen any investment propaganda. Every time I turn on Bloomberg, FoxBiz or CNBC there’s a discussion of how useless gold is. It’s beyond surreal – it’s criminal.
When secret bankster plans, in preparation for decades, are on the line….those banksters can hardly allow pesky things like “consent of the governed” to obstruct the consolidation of power into the hands of the very few, can they? They were bound and determined to ensure that this slow-moving steamroller called the EU, continued on, without veering, to crush the sovereignty of its member states forever…and in their next move, they showed their true colors for the world to see…
There has been little or no debate by commentators or in the media about the risks posed by bail-ins.
The cosy consensus is that bail-ins are good as they allegedly protect the taxpayers from bailing out banks.
As if it is a fait accompli that banks should be bailed out by anybody – taxpayers or depositors – in the first place.
Simply put, gold rises when the dollar falls…and not until then. So long as the community of faithful remain captured by the dollar religion and continue to believe in the church leadership, gold will remain to them little more than a shiny relic from antiquity, and the price will reflect this sentiment. If however peoples faith in the dollar is shaken, then they will turn to gold for their salvation and the price will rise.
Until that day I refuse to attend church or place my faith in the paper dollar religion, instead I wait for the second coming of gold …
In his first international television interview since stepping down from his post as Greek Finance Minister, Yanis Varoufakis told CNN‘s Christiane Amanpour on Monday that European lenders had forced his government to make a choice between “suicide or execution.”
The News Doctors has the story: Click here.
Today, July 23, 2015 marks the 50th anniversary of the debasement of United States’ coinage.
Just in case you still harbored any doubt that absolutely zero lessons were learned from the cataclysmic financial collapse of 2008/09, we learn from the New York Times that:
When the red and green lines on the dollar/gold basis/cobasis chart below move together like this, it means the price change is caused by speculators in the futures markets, who are repositioning. In this case, obviously, they’re selling.
It is of note that the fundamental price of gold moved up $5 this week. It’s now $65 over the market price.
Read on, for the only accurate picture of the supply and demand conditions in the gold and silver markets, based on the basis and cobasis.
The demand numbers I’ve seen are way beyond the supply. I think that Western central banks surreptitiously make up the missing supply and that someday they’re going to look in the cupboard and realize that it’s bare.
So far, everyone in the press is downplaying gold but I haven’t lost any conviction whatsoever.
The manipulative smash on the gold price on Sunday night has once again led to a surge of buying of gold coins and bars across the globe. Both the Wall Street Journal and Reuters report on how bullion dealers are seeing a spike in demand for gold coins and bars in India and China and indeed Europe, Australia and the U.S.
The U.S. Mint – which ran out of Silver Eagles earlier in the month due to unexpectedly high demand – has sold 110,000 Gold Eagle one ounce coins so far this month according to Reuters. This compares with a mere 21,500 ounces sold in May and 76,000 in June. It represents the highest level of monthly demand in over two years – with more than a week to go till the end of the month.
The anti-gold propaganda took on extraordinary proportions last week as a prelude to Sunday nights vicious paper raid on the price of gold. The media’s anti-gold media terrorism culminated with this silly, farcical article entitled, “Let’s Be Honest About Gold: It’s a Pet Rock”… Perhaps the most absurdly misleading article ever written about gold.
I am convinced that the effort to push down the price of gold, and the corresponding media effort to publish highly misleading and negative reports about gold is directly related to an effort to cover-up the fact that the U.S. is systemically starting to collapse.
Two well-known financial forecasters claim that virtually all governments worldwide will be hit with a gigantic economic crisis in the first week of October 2015.
Both believe that the domino collapse will eventually hit the U.S., and America will end up defaulting on its debts – and falling into financial crisis.