by Harvey Organ, Harvey Organ Blog:
SILVER IS WHACKED BY 37 CENTS DOWN TO $15.87//FOR THE THIRD CONSECUTIVE DAY A MASSIVE QUEUE JUMP IN THE GOLD COMEX CASINO: TODAY OVER 1.5 TONNES JUMPED QUEUE //EUROPE CONTINUES TO DISAPPOINT AS ITS EXPORT ECONOMY IS GRINDING TO A HALT..//SHIPPING GIANT MAERSK WARNS THAT 2019 WILL BE WORSE THAN 2018//FROM THE USA: BAD NUMBERS FROM DURABLE GOODS/EXISTING HOME SALES AND A TERRIBLE PHILLY MFG REPORT//MORE SWAMP STORIES FOR YOU TONIGHT
by Theodore Butler, Silver Seek:
MR. BUTLER’S SILVER NEWSLETTER
By James Cook
Silver analyst Theodore Butler writes a twice weekly newsletter on precious metals. Only a few people get to read this important newsletter. I’ve been talking to Ted about releasing one full issue for people to read. It’s important for investors to see the scope of his analysis. Mr. Butler has been a paid consultant to my company Investment Rarities for almost 20 years. I can vouch for his absolute integrity and his cautious approach in analyzing silver and gold. He relies on evidence and facts in arriving on his conclusions. He analyzes every known fact about silver and his knowledge of the silver market is unsurpassed. It’s no exaggeration to call him a silver genius. He has agreed to release the following current newsletter which gives insight into the thoroughness of his approach.
by Gary Christenson, Deviant Investor:
Bond Market Turned Down & Interest Rates Up – Check!
by Joseph P. Farrell, Giza Death Star:
Yesterday I blogged about JPMorgan’s daliances with crypto-currency, and its plans for a new crypto-currency pegged to the dollar,. in a system that could also handle other real currencies and even securities. And you’ll recall, I crawled out to the end of the twig of trademark High Octane Speculation once again, and probably managed to crawl off the twig as well. But just in case you missed it, here is that speculation:
by Martin Armstrong, Armstrong Economics:
At the current federal minimum wage of $7.25 per hour, working 40 hours per week, 52 weeks per year, yields an annual income of only $15,080. This is below the annual poverty line. It also reflects something that most people are unaware of — in Illinois, there are more than 19,000 retired teachers who get OVER $100,000 per year in their pension. According to the latest data, nearly 1.5 in ten federal employees are eligible to retire RIGHT NOW, and in five years the number will hit three in 10 or about 30%. The Housing and Urban Development Department in the federal government has the highest rate of employees eligible to retire right now of any major agency in government, which stands at a shocking 24%.
by Peter Schiff, Schiff Gold:
Gold is money. Gold has been money for thousands of years. And one of the reasons gold is money is because it’s immutable.
That’s just a fancy way of saying it can’t be changed or destroyed.
Aristotle listed four characteristics of sound money: it must be durable, portable, divisible, and have intrinsic value. Gold possesses all of these characteristics, which is why gold has served as money for thousands of years.
