Tuesday, September 17, 2019

OUR USUAL AND CUSTOMARY RAID ON GOLD/SILVER ON THE JOBS REPORT/GOLD DOWN $5.10 TO $1295.70

by Harvey Organ, Harvey Organ Blog:

SILVER DOWN 3 CENTS TO $16.43/ANOTHER FICTITIOUS JOBS REPORT : OF THE SUPPOSED 223,000 JOB GAINS, ALMOST 100% COMES FROM THE B/D PLUG AT 215,000 /ITALY APPROVES THEIR NEW FINANCE MINISTER AND HE IS MORE EUROSKEPTIC THAT THE PREVIOUS ONE/SPANISH PARLIAMENT IMPEACHES RAJOY AND WE NOW HAVE A NEW SOCIALIST GOVERNMENT IN SPAIN/DEUTSCHE BANK DOWNGRADED BY S AND P AND IN TROUBLE/BRAZIL’S TROUBLES GOES FROM BAD TO WORSE AS PETROBRAS’ CEO QUITS SUDDENLY/THE COUNTRY IS STILL UNDERGOING A TRUCKING STRIKE AS THE ENTIRE COUNTRY IS PARALYZED: ITS GDP HAS FALLEN BY 38%/ ONE SWAMP STORY FOR YOU TONIGHT

Craig Hemke – Parabolic Ponzi

by Kerry Lutz, Financial Survival Network:

Craig Hemke a/k/a Turd Ferguson of TFMetalsReport.com is back… So go Deutsche Bank so goes the world? Deutsche is kind of like a combination of Lehman and AIG. It was just bailed out 6 months ago and it’s ready for another, larger one. The global banking system is a lot like the electrical grid, losing one tower can cause a complete blackout. Losing several major power plants can cause the nation to go dark. Are the central bankers smart enough to avoid this fate?

Click HERE to Listen

Gold’s Monetary Rehabilitation

by Alasdair Macleod, GoldMoney:

There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of its demise as the world’s reserve currency, but there is certainly a move away from it in Asia. And every time the Americans deploy their control over global trade settlement as a weapon against the regimes they dislike, nations who are neutral observers take note and consider how to protect themselves, “just in case.”

Bitcoin for America!! (Bix Weir)

from RoadtoRoota:

https://www.youtube.com/watch?v=ovwgkJiAxA4

Housing Bubble Pathologies Start to Bite – Yet Another Sign the Cycle Has Peaked

by John Rubino, Dollar Collapse:

The early stages of a housing bubble are fun for pretty much everyone. Homeowners see their equity start to rise and feel smart for having bought, home seekers have to pay up, but not too much, and fully expect their new home to keep appreciating. People with modest incomes feel a bit of pinch but can still afford to stick around.

But later on the bad starts to outweigh the good. Existing homeowners still enjoy the ride but would-be buyers find themselves priced out of their top-choice neighborhoods. And residents who aren’t tech millionaires find that they can no longer afford to live where they work. Consider the plight of a teacher or cop pretty much anywhere in California these days:

Nomi Prins: Central Bank Collusion; Pat Hemsworth: Crude Oil Update

by Erik Townsend, Macro Voices:

Why has QE never led to runaway inflation?
How has the market been propped up for 10 years without consequence?
What does the ECB own today?
The bank of Japan, their program and what it contains?
Central banks around the world and how they compare?
When does tapering occur on a global scale?
For the second featured interview Erik Townsend welcomes Pat Hemsworth to discuss:


Socialism equals triumph for corporate criminals

by Jon Rappoport, No More Fake News:

In several recent articles (all here under category: socialism), I’ve exposed the myth that socialism is a revolution of and for the people.

I’ve presented evidence that socialism is actually a movement owned, operated, and funded by ultra-wealthy elites.

Dupes, foot soldiers, blind idealists, indoctrinated students, and low-level thugs are recruited through cutouts to serve the agenda of Rockefeller Globalists, for example, who are determined to bring about worldwide socialism.

A Purrrfect Gold Price Setup! – Peter Degraaf (31/05/2018)

by Peter Degraaf, Sprott Money:

Featured is the weekly gold chart. The green arrows point to ‘upside reversals’, developing after price dropped below the 50WMA. The blue arrows point to a positive follow-through, following an upside reversal. A similar situation back in December enabled gold to rise for 5 out of 6 weeks! The current rise has the potential to jump above the $1365 resistance area with a target at $1395. The RSI is neutral, but the A/D line is positive.

GOLD – THE ONLY MONEY THAT CAN’T BE DEBASED

by Egon Von Greyerz, Gold Switzerland:

In 1980, global assets, including property, were less than $20 trillion. Today almost 40 years later they have grown to $524 trillion. That is a compound annual growth rate of 9% which is quite remarkable for a 38 year period. Global assets have gone up 26 fold during this period.

In the same period, gold went from an average price of around $650 in 1980 to $1,300 today. So whilst global assets have gone up 26x since 1980, gold has just managed to go up 2x. Admittedly gold started at $35 in 1971 so it had already benefitted from a substantial rise by 1980. Nevertheless, since 1980, gold has been totally ignored both as an investment and as insurance or wealth protection. The massive increase in money supply through credit expansion and money printing has gone into conventional assets such as stocks, bonds and property but not into gold.