Tuesday, February 11, 2025

BERLIN ORDERS MOSCOW TO CLOSE 4 OUT OF ITS 5 CONSULATES

by Harvey Organ, Harvey Organ Blog:

TAS INDUCED RAID ON GOLD AND SILVER TODAY: GOLD CLOSED DOWN $24.40 TO $1953.40//SILVER WAS DOWN $.23 TO $23.67//PLATINUM IS UP $1.80 TO $1002.95 WHILE PALLADIUM WAS UP $38.70 TO $1409.15//IMPORANT COMMENTARIES FROM ALASDAIR MACLEOD AND RONAN MANLY//CHINA MAY PROVIDE ANOTHER STIMULUS TO HELP ITS BELEAGURED REAL ESTATE MARKET//BERLIN ORDERS MOSCOW TO CLOSE 4 OUT OF ITS 5 CONSULATES//PEPE ESCOBAR DESCRIBES IN DETAIL WHAT IS HAPPENING INSIDE TURKEY WITH RESPECT TO ERDOGAN//COVID UPDATES/DR PAUL ALEXANDER

Singapore – The World’s largest central bank gold buyer in Q1 2023

by Ronan Manly, BullionStar:

Last year, a major theme in the global gold market was the record gold buying by central banks across the world, with the World Gold Council and its data gatherers (Metals Focus) calculating that central banks had cumulatively purchased a net 1136 tonnes of monetary gold during 2022.

At the outset of 2023, this led the World Gold Council toΒ predictΒ that:

β€œLooking ahead, we see little reason to doubt that central banks will remain positive towards gold and continue to be net purchasers in 2023.”

Gold Has Record Number of Contracts Cash Settle to Start June Delivery

by Peter Schiff, Schiff Gold:

AsΒ expected, gold has turned in a fairly strong start to the month. It’s below April but is still early in the contract.

As shown below, the amount on First Position was actually the highest since last August which should lead to high delivery volumes.

Target: CEI Score 100 – $10 Billion Gone in 10 Days

by Martin Armstrong, Armstrong Economics:

Target achieved a 100% score on the Corporate Equality Index (CEI) in 2022, and was rated #4 by the Human Rights Campaign for being one of the wokest companies. This arbitrary social credit score goes against American values and people are protesting with their dollars. Target managed to lose $10 billion in ten days after the public became aware of their aggressive rainbow marketing campaign geared toward children. Will Target become the next Bud Light?

Jim Rogers is bracing for the worst bear market of his life, de-dollarization, and higher interest rates. Here are the investing legend’s 7 best quotes from a new interview

from Business Insider:

  • Jim Rogers is preparing for the most devastating bear market of his lifetime.
  • The veteran investor sees higher interest rates and serious threats to the US dollar.
  • Rogers is bullish on commodities and skeptical that governments will adopt bitcoin.

That was Fast: Mortgage Rates Re-Spike to 7% Range as it Sinks in that the Fed Won’t Cut Rates β€œAnytime Soon,” Mortgage Applications Plunge to 1995 Levels. Even Investors Pull Out

by Wolf Richter, Wolf Street:

Spring selling season was a dud. But what comes next may be worse, that’s what mortgage applications andΒ investorsΒ tell us.

The 7% mortgages are back. The average interest rate on 30-year fixed-rate mortgages with conforming balances jumped to 6.91%, the highest since November, according to the weekly measure by the Mortgage Bankers Association today.

The daily measure by Mortgage News Daily already went over 7% a few days last week and earlier this week.

Biden’s Scheme is β€œCynical and Manipulative”

by Jim Rickards, Daily Reckoning:

This is a financial newsletter, not a political one, much less a partisan one. But politics affects markets. And if I come across as partisan when weighing in on politics, so be it.

But it’s based upon objective analysis. Having gotten that disclaimer out of the way, let’s get started…

The Biden administration is playing political games with one of America’s most critical national security assets β€” the Strategic Petroleum Reserve (SPR).

THE MOST UNHOLY TRINITY — DAN FOURNIER

from SGT Report:

The enemy has employed FEAR and PROPAGANDA with great skill and deception, but we have uncovered the nefarious, evil plans of the enemies of humanity – and it is up to all of us to stop them, or they will literally enslave us all and use our children for their satanic sexual perversions. Independent journalist Dan Fournier joins me to discuss he work, and the truth.

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What About The Ceiling?

by Karl Denninger, Market Ticker:

The details are still a bit thin but…..

There is no reduction in the debt on the table.Β  That is, the governmentΒ refusesΒ to cut spending to less than what it can take in via taxes.

The growth in “mandatory” programs, specifically CMS, is where the problem is as I’ve pointed out for 30 years, all the way back to long before this column was originated and when I was running MCSNet.Β  Its a math problem when you get down to it, but that also means its a serious political problem because waving your arms around will do nothing.

What makes it worse is that all of it is illegal.Β  15 USC Chapter 1 makes what our medical and pharmaceutical firms do on a daily basisΒ federal feloniesΒ carrying 10 year prison terms — for each person screwed, and each occurrence.Β  Two decisions,Β Royal Drug (440 U.S. 205 (1979))Β andΒ Maricopa County (457 U.S. 332 (1982))Β both found thatΒ there is no immunity from anti-trust lawΒ for medical providers, medical “insurance” companiesΒ or drug companies.

Nolte: The CNN of Beers β€” Bud Light Sales Crash 30% Week of May 20

by John Nolte, Breitbart:

Two monthsΒ intoΒ the Bud Light transvestite debacle and sales are worsening with a staggering drop of 29.5 percent for the week ending May 20.

Everyone assumed time would heal Bud Light’s public relations debacle. Eventually, it was assumed, beer drinkers would get over their anger at Anheuser-Busch for β€œpartnering” with Dylan Mulvaney, a guy who runs around in a dress mocking women. All Bud Light had to do was wait it out, right? After all, it’s not easy to get someone to change their brand, especially their beer brand, right?

ANDY SCHECTMAN: GOLD RALLIES FOLLOWING TENTATIVE DEBT CEILING AGREEMENT

from Arcadia Economics:

TRUTH LIVES on atΒ https://sgtreport.tv/

The Wiping Out Of The Middle Class

from OPERATION FREEDOM:

TRUTH LIVES on atΒ https://sgtreport.tv/

This Is The End Of A Mega-Cycle

by Michael Snyder, End Of The American Dream:

Have we finally reached the end of the road?Β  When it comes to the economy, most of us focus on short-term cycles.Β  In recent years there have been times when the economy has been growing and there have been times when the economy has been shrinking, but all of those short-term fluctuations have happened in the context of a long-term trend of debt-fueled β€œgrowth”.Β  We have been relentlessly stealing from the future in order to make the present more pleasant, and most of us pretend that the piper will never have to be paid.Β  But of course the truth is that a day of reckoning is fast approaching, and that day of reckoning is going to be immensely painful.

THE AMERICAN MARXIST CULTURAL REVOLUTION WILL SLAUGHTER MILLIONS

from SGT Report:

Look around and ask yourself, how many of your friends and neighbors, how many of you fellow Americans have ANY understanding of the slaughters that occurred under the Marxist cultural revolutions of Mao, Pol Pot or Stalin. How many Americans have NO IDEA whatsoever that the exact same blueprint which led to the Democides of hundreds of millions of innocent people is the same identical blueprint being executed right now in America in the name of trans, woke DemonRat ideologies? This information could save the life of you and your family. Spread it far and wide. Harley Schlanger is my guest.

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