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.

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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.

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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.

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.

collapse-panic-crashEquities and other Markets have Rallied Lately on the Prospect (Hope) that a Trump Administration will renew economic growth.
But there are Several Major Events and Developments coming in the next few weeks which will drive some Sectors Much Higher and Crash others.
Consider:

Those who would do us harm will stop at nothing to kill as many men, women and children as possible.  A chemical, biological, radiological or nuclear device will be their weapon of choice for such an attack if they can get their hands on it.

down-fall-smashGiven that Deep State operatives can do nothing to increase western gold supply, their only options are to somehow discover supply elsewhere, and/or to CRUSH gold demand.
The manner in which India’s demonetization was carried out indicates some kind of desperation.
It indicates to us that the bullion banking cabal is coming up against the wall, and that there is SEVERE supply – demand stress in the global gold market that is rapidly becoming non-containable…

gold vs USD 2year dec2The technical bears are out in force, making up stories forecasting the death of gold and silver, based on the chart below.
This is a bear’s delight, with a death cross of the two most followed moving averages, and the gold price seemingly sliding into oblivion…

silver-mineThe junior gold miners’ and explorers’ stocks have been crushed in recent months, collateral damage from enormous gold-futures selling.
That’s naturally left investors and speculators extremely bearish on gold juniors.  But lost in all this technical and sentimental tumult are important fundamentals from the juniors’ recently-reported third-quarter financial and operational results, which proved quite strong and bullish: