Monday, September 28, 2020

SGT

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PiMBEEB-A-LOOZA Statistics That Will Blow Your Mind!

by Andy Hoffman, Miles Franklin:
Despite being extremely adverse to near-term “predictions,” I have lately been as vehement, and persistent, as ever in stating that this is, in my very strong view, the best Precious Metal buying opportunity of our lifetimes – particularly, now that the COMEX “commercials” have reduced their (naked) gold and silver short positions to their lowest levels since Precious Metals’ ultimate bottom in December 2015.

Frankly, the only comparable situation I can recall is the bottom of the Cartel-orchestrated paper plunge at the commencement of the 2008 crisis – which has an “asterisk” next to it, given that physical premiums surged to roughly 30{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in gold, and 100{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in silver. Only this time, supply on the retail level is readily available, and premiums historically low; as opposed to the worldwide wholesale market, where supplies have never been tighter. In other words, the historic Precious Metal valuation anomalies currently seen in the West; which I personally have been taking advantage of – particularly in the gold numismatic market, where prices of century-old certified coins have fallen to barely above the levels of newly minted ones; are decidedly not available in the East. And likely, won’t be in the West for very much longer.

How One Woman’s Failure to Act is Costing Her More Than Just Money

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by Simon Black, Sovereign Man:
Every summer around this time I rent a palatial wine and olive estate here in central Italy for a few weeks of relaxation with friends, business colleagues, and Sovereign Man: Total Access members.

We’ve been coming to the same place for six years in a row, and it’s gorgeous.

At the center of the estate is an 18-bedroom mansion that has been in the same family since it was built four centuries ago.

Back then, Italy was still a major center of wealth and power. London was still a developing backwater and New York didn’t even exist yet.

The Imperial City’s Fiscal Waterloo

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by Jim Rickards, DailyReckoning:
It’s all over now except the shouting about Obamacare repeal and replace, but that’s not the half of it.

The stand by Senators Lee and Moran was much bigger than putting the latest iteration of McConnell-Care out of its misery. The move rang the bell loud and clear that the Imperial City has become fiscally ungovernable.

That means there is a chamber of horrors coming. With it, an endless political and fiscal crisis that will dominate Washington for years to come. Its cause is deep and structural.

Another Reason Men Don’t Work: Imaginary World More Enjoyable than the Real World

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by Mish Shedlock, Mish Talk:
President Trump, like President Obama before him, point out the low unemployment rate as a measure of success.

What they don’t point out are masses of people on welfare via fraudulent disabilities, people in school wasting money in dead-end retraining exercises, people who have simply given up looking for a job, and people in forced retirement needing Social Security payments to survive.

A team of researchers from Princeton, the University of Chicago, and the University of Rochester discusses another class of individuals who are not working but are not counted as unemployed: People, primarily young men who are addicted to games. For such individuals, games provide a fantasy world that is far more enjoyable than the real world.

TRUMPCARE COLLAPSES WHICH CAUSES THE DOLLAR TO DRAMATICALLY FALL: THIS RESULTS IN GOLD RISING $7.50 AND SILVER ANOTHER 16 CENTS

FOR THE 3RD CONSECUTIVE DAY, GOLD RISES AND YET MASSIVE AMOUNTS OF GOLD LEAVE THE GLD PROBABLY HEADING FOR SHANGHAI
from Harvey Organ:

SILVER ALSO WITNESSES A WITHDRAWAL OF 946,000 OZ DESPITE SILVER’S 16 CENT RISE

In silver, the total open interest ROSE BY A TINY 162 contract(s) UP to 206,753 DESPITE THE HEALTHY RISE IN PRICE THAT SILVER TOOK WITH YESTERDAY’S TRADING (UP 17 CENT(S). THE ONLY EXPLANATION THAT I CAN THINK OF IS SOMETHING HAS SCARED OUR BANKERS TO NO END AS THEY HAVE STARTED TO COVER THEIR SHORTFALL IN EARNEST ALONG WITH OUR SPECULATOR SHORTS. HOWEVER THE BANKERS ARE HAVING AN AWFUL TIME TRYING TO SHAKE THE SILVER LEAVES FROM THE SILVER TREE.

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.034 BILLION TO BE EXACT or 148{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 24 NOTICE(S) FOR 120,000 OZ OF SILVER

In gold, the total comex gold ROSE BY A RATHER SMALL 2,039 CONTRACTS WITH THE RISE IN THE PRICE OF GOLD ($4.20 with YESTERDAY’S TRADING). The total gold OI stands at 485,866 contracts. AGAIN, AS IN SILVER SOMETHING HAS SCARED OUR BANKERS AS THEY STARTED TO COVER THEIR GOLD SHORTS IN EARNEST ALONG WITH THE NEWBIE SPECULATOR SHORTS. THE PLETHORA OF DATA RELEASED ON FRIDAY SHOWING RETAIL SPENDING BASICALLY COLLAPSING ALONG WITH SMALLER INFLATION NUMBERS MUST BE SCARING THESE GUYS TO DEATH.

Read More @ Harveyorganblog.com

Trump Jr & the Russian Meeting

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by Martin Armstrong, Armstrong Economics:
A lot of people have picked up on the mention of the Magnitsky Act is Donald Trump, Jr. statement of a meeting with a Russian woman. Trump Jr., said the meeting was “the most inane nonsense I ever heard. And I was actually agitated by it.” I seriously doubt that the woman explained the full background as to what took place in that affair and it is not likely that she even fully understood what took place behind the curtain. This Magnitsky Act was passed by Congress to “punish” anyone who was involved in sending him to prison where he dies before getting a trial. This is the company that was started by Safra in which they were soliciting me to join in Russia and I declined. This was the plot to takeover Russia by blackmailing Yeltsin to step down. When Yeltsin realize he was being set up by NY bankers to grab the natural resources of Russia, he turned to Putin for help and then handed him the Presidency.

University of Iowa professor says white marble in classical artwork is racist and promotes “white supremacist ideas”

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by Alex Christoforou, The Duran:
Using white marble in sculptures is racist and creates “white supremacy”, according to this university professor.

If you ever wondered why American University’s were producing safe space, cuckold graduates who scream racist and bigot at every turn, then look no further than this Iowa University professor and her interpretation of classical Greek sculptures…which she feels were too white.

Every Country Wants to Possess’ Jets Such as Russia’s 5th-Gen PAK FA Fighter

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from Sputnik News:
The first stage of tests of Russia’s Sukhoi T-50 (PAK FA) fifth-generation fighter aircraft is expected to finish in December, Russian Aerospace Forces Commander Col. Gen. Viktor Bondarev said Tuesday.

ZHUKOVSKIY (Sputnik) — In May, Russian Defense Minister Sergei Shoigu said that the Armed Forces would begin receiving fifth-generation T-50 fighter aircraft in 2019.

“We have something to be proud of. The first phase of the PAK FA tests will finish in December this year, and over time, we will receive this aircraft, and our pilots will successfully master it,” Bondarev said on the sidelines of the International Aviation and Space Salon MAKS-2017 after the flight performance of the T-50.

MAJOR FAIL=> Pelosi Reads False Accounts About the Men Who Signed the Declaration of Independence (VIDEO)

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by Cristina Laila, The Gateway Pundit:
House Minority Leader Nancy Pelosi (D-CA) attempted to sound patriotic by giving a ‘history lesson’ on the men who signed the Declaration of Independence on Tuesday.

As usual, Pelosi was a major fail because she read an article proven to be full of inaccuracies.