Walk down most big city streets and you will be exposed to hundreds of advertising messages. It’s so pervasive many people pay little conscious attention to the battle for their minds. But what will happen when the ads are beamed directly into your head? Sound crazy? It’s coming. TruthStream Media’s Melissa Dykes has the story and you can read it at The News Doctors here; includes promotional video from technology company as an example application.
Instead of the hyperinflationary crisis that so many have warned about, what we are about to experience is a collapse in asset prices, a massive credit crunch and a brief period of absolutely crippling deflation. The response by national governments and global central banks to this horrific financial crisis will cause tremendous inflation down the road, but that comes later. What comes first is a crisis that will initially look a lot like 2008, but will ultimately prove to be much worse.
The United Kingdom has gone batsh*t crazy. There’s simply no other way to put it.
Though past performance is not necessarily an indicator of future results, we have over 6,000 years of history backing gold’s legitimacy as a true mechanism of exchange.
Welcome to “Crypto Valley”, the future of finance…
The silver price dropped about 20 cents last week (i.e. the price of the dollar, measured in silver rose to about 2.12g silver).
However, the cobasis actually fell. The December cobasis is nowhere near backwardation.
The bottom line is that the fundamental price of silver fell even more. It is now dead even with the market price.
- Committee reaffirms that ZIRP remains appropriate, hints at delay to rate hikes
- Gold and silver initially jumping on the releaseFull FOMC Statement is below:
The selling in gold (and silver) stocks has been nothing short of brutal in the past several sessions, save for a modest bounce Tuesday.
If two guys working out of a basement estimate they can hack 471,000 vehicles made by Chrysler from their couch, just imagine what a more sophisticated and well funded team can do…
If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now. “Dr. Copper” just hit a six year low, Morgan Stanley is warning that this could be the worst oil price crash in 45 years, the Chinese economy is suddenly stalling out, and world trade is falling at the fastest pace that we have seen since the last financial crisis.
In order not to see all of the signs that are pointing toward a global economic slowdown, you would have to be willingly blind.
The O’Shaughnessy study strongly suggests that over time, ‘value’ completely trumps growth.
Jim Grant, publisher of Grant’s Interest Rate Observer says that gold is “an investment in financial and monetary disorder.” He believes that today we are experiencing “uncertainty, turbulence and disorder”.
When asked how he liked to own gold he said he owned physical, generic, non-numismatic coins – specifically mentioning South African Gold Krugerrands.
If you’re interested in gold, there’s really only one thing you need to consider:
There will be a mad scramble in the west by the elitists to grab what physical gold is left before the Comex completely defaults. It is quite possible, if not highly probable, that this final looting of GLD is part of that process.
The gold smash going on right now reeks of desperation…the manipulation has become utterly in your face. It tells me we’re getting close the end…
The Nasdaq all dropped this past week with the DOW closing down 518 points, the S&P 500 down 46 and the Nasdaq down 121. This drop is NOT over, not by a long shot!
This time point was expected to be the FINAL LEG UP & TOP for the US markets and the final opportunity to get out at the top, before the first leg of many legs down into a devastating collapse and low in 2016.
Want to know what Dr. Ron Paul thinks about the potential for a disruptive financial market event and the status of the U.S. dollar in the future? Interested in his perspective on the Republican Party and last November’s election?
Eric Dubin interviewed Dr. Paul about his latest book, “Swords Into Plowshares,” and asked related questions of great interest to Silver Doctors readers.
Check out his exclusive interview on The News Doctors here:
Examine the 20 year log scale chart of monthly gold. I have drawn lines connecting highs and lows. The result is an expanding channel or megaphone pattern. The increasing prices are exponential (log scale chart) because of exponential increases in debt, money supply, and Keynesian craziness, although I have no graph to prove the latter.
Higher gold, silver, and crude oil prices are coming. Lower prices for bonds and equities are coming.