Wednesday, February 20, 2019

TOM CLOUD ANNOUNCES SILVER BUY ALERT: Five Reasons Why

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by Steve St. Angelo, SRSRocco Report:
In this newest precious metals update, Tom Cloud is announcing a SILVER BUY ALERT. This is one of the few silver buy alerts he has made in his 40 year history in the precious metals retail industry. Tom is not issuing this silver buy alert based on trading data, but rather fundamental analysis via discussions with individuals all over the world, wealthy clients and fund managers about the precious metals retail industry.

Tom discusses five reasons why he is putting out a SILVER BUY ALERT:

What’s the Safest Investment in Troubled Times?

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by Charles Hugh Smith, Of Two Minds:
An investment that can be gutted by financial rules changing overnight is not safe.

What’s the safest investment as the global economy enters increasingly risky, troubled times? I’ve reviewed hundreds of academic papers, investment reports and newsletters and researched long-term strategies and backtests and reached one conclusion.

I won’t keep you in suspense: it’s bat guano (or seabird guano if you can’t get the bat stuff). Yes, bat doo-doo is the safest single investment on the planet.

OK, so I didn’t do a lot of fancy research because that would have been a waste of time. If the era we’re entering is fundamentally unlike the previous eras, then studying past investment results and strategies will generate dangerously misleading conclusions.

Here’s the thinking that leads to bat guano being the number one Safest Investment.

The Bankers’ Endgame and the Rise of Gold and Silver

by Darryl Robert Schoon, Gold Seek:
In May 2007, in Subprime America Infects Asia and Europe I predicted a severe financial crisis was imminent: the risks that have lain dormant beneath globalization’s foundation are about to erupt and a reordering of the world’s financial geography is about to ensue. It’s spring 2007 and the sun is shining in the US, backyard BBQs are being cleaned in anticipation of summer’s use. A severe financial crisis, however, is in the offing; a crisis as unexpected as the Golden State Warrior’s last minute steak to the NBA playoffs.

An unexpected financial crisis, however, will be much more consequential than Don Nelson’s magical resurrection of the Warrior’s NBA hopes. There, at least, the Warriors will have a chance. But because most people don’t know a financial crisis is coming, they will have little chance of survival. This summer, America’s subprime CDOs are coming home to roost, and not just to the US.

One Trader Made $200M Trading Ethereum… And Nobody Knows Who To Tax

from ZeroHedge:
During Ethereum’s big rally last month, when the price of a single coin went from $220 to just shy of $400 in the span of two weeks, one trader turned $55 million of paper wealth into more than $398 million. And nobody knows who they are, or – more importantly – who to tax.

As Bloomberg so astutely observes, the growing number of wealthy crypto investors is starting to infuriate regulators, who are now calling for more transparency in the cryptocurrency market. Specifically, they’re arguing that it’s time for cryptocurrency wallets to include information that might help identify users. Otherwise – they say – the continued association with criminality – cemented by the Dread Pirate Roberts’s life sentence – could start to impact the crypto-asset market which now has an aggregate valuation approaching McDonald’s Corp.

GOLD AND SILVER REBOUND/FRIDAY WITNESSES AN ASTRONOMICAL VOLUME OF 165,000 CONTRACTS

ITALY AND GERMANY BECOMES OUTRAGED WITH MIGRANTS: ITALY WANTS TO END IMMIGRATION;GERMANY WITNESSES THE INTRODUCTION OF SHARIA LAW IN BERLIN
from Harvey Organ:

MOSUL,IRAQ IS LIBERATED/OIL TUMBLES INTO THE 43 DOLLAR COLUMN/AVERY GOODMAN COMMENTARY ON WHY GOLD/SILVER HAVE BEEN SUPPRESSED/FBI DETERMINES THAT COMEY LEAKED CLASSIFIED INFORMATION IN THE RELEASE TO THE PUBLIC/TRUMP IS VERY ANGRY AT THAT

In silver, the total open interest SURPRISINGLY ROSE BY 141 contract(s) UP to 207,946 DESPITE THE MONSTROUS FALL IN PRICE THAT SILVER TOOK WITH FRIDAY’S TRADING (DOWN 53 CENT(S) ON TOP OF THE CONSTANT TORMENT THESE PAST FEW WEEKS. It could only mean that if the commercials did cover some contracts, the speculators were coaxed into going short. The Washington generals (specs) are being set up for the kill.

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.040 BILLION TO BE EXACT or 149{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 61 NOTICE(S) FOR 305,000 OZ OF SILVER

In gold, the total comex gold SURPRISINGLY ROSE BY 2,464 CONTRACTS DESPITE THE FALL IN THE PRICE OF GOLD ($13.40 with FRIDAY’S TRADING). The total gold OI stands at 475,295 contracts.

we had 1 notice(s) filed upon for 100 oz of gold.

Read More @ Harveyorganblog.com

The Bankers’ Endgame and the Rise of Gold and Silver

by Darryl Robert Schoon, Gold Seek:
We’re going to owe Chicken Little an apology

In May 2007, in Subprime America Infects Asia and Europe I predicted a severe financial crisis was imminent: the risks that have lain dormant beneath globalization’s foundation are about to erupt and a reordering of the world’s financial geography is about to ensue. It’s spring 2007 and the sun is shining in the US, backyard BBQs are being cleaned in anticipation of summer’s use. A severe financial crisis, however, is in the offing; a crisis as unexpected as the Golden State Warrior’s last minute steak to the NBA playoffs.

Flash Crashes Are a Permanent Part of U.S. Markets: Should You Worry?

by Pam Martens and Russ Martens, Wall Street On Parade:

Over the past year, there have been flash crashes in multiple markets, raising concerns that fat fingers, algorithms and/or rogue hedge fund traders are still running amok. We’ll get to the specifics in a moment, but to put the unusual trading patterns in context, you need some important background information.

Wall Street On Parade began reporting on flash crash activity following the Granddaddy of all flash crashes thus far – the event on May 6, 2010 when the stock market did a bungee jump, briefly plunging 998 points, with hundreds of stocks momentarily losing 60 per cent or more of their value and knocking out stop-loss orders for retail investors. Former SEC Chair Mary Schapiro estimated at the time that individual investors had lost more than $200 million in these improperly triggered stop loss orders on May 6. (Read our skepticism on the official regulatory report here.)

WARNING SIGNS ABOUND FOR U.S. ECONOMY

Contributed by Harley Schlanger, LaRouchePAC, SGT Report:
In the build-up to the G20 summit in Hamburg, there was much happy talk coming from Trans-Atlantic government officials, Central bankers and the media about the arrival of the long-awaited “economic recovery.” From Brussels, European Central Bank (ECB) chairman Mario Draghi sounded cautiously optimistic, telling European Union leaders on June 23 that the EU is experiencing economic growth and an “improving business climate”, while ECB Executive Board member Peter Praet was much less constrained. In a meeting of bankers in Paris on July 6, he declared that the recovery “has gathered some further momentum recently,” and that there is a “solid upswing” becoming an “increasingly solid cyclical recovery.”

Germany Pensions System Crisis

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by Martin Armstrong, Armstrong Economics:
The German publication DWN has come out and warned that the German Pensions system is collapsing. They wrote:

The core problem of the German economy and society is miserable demography. A positive development, namely the increasing longevity of the population, is an extremely negative groundbreaking, namely a small number of children. This is reflected in one of the lowest birth rates in the world – and this has been the case for decades. The record-breaking birth rate is by no means rooted in a biological, but in deeper social causes and inadequate policies at different stages. One consequence is a pension system that is not sustainably financed , because the ratio of contributors and receivers will drastically deteriorate.

Stock Market Tsunami Siren Goes Off

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by Wolf Richter, Wolf Street:
It will be ignored until it’s too late.

Everyone who’s watching the stock market has their own reasons for their endless optimism, their doom-and-gloom visions, their bouts of anxiety that come with trying to sit on the fence until the very last moment, or their blasé attitude that nothing can go wrong because the Fed has their back. But there are some factors that are like a tsunami siren that should send inhabitants scrambling to higher ground.

Since July 2012 – so over the past five years – the trailing 12-month earnings per share of all the companies in the S&P 500 index rose just 12{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} in total. Or just over 2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} per year on average. Or barely at the rate of inflation – nothing more.

What Does the Rise in Crypto Currencies Mean?

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by Brad Sebion, SGT Report:
Edward Karr was a guest on the Frank Curzio podcast. The discussion at hand was Bitcoin and the rest of the crypto currencies. Mr. Karr stated the rise of the crypto currencies is the canary in the coal mine for a major economic event to unfold in the future. Edward stated the rise in Bitcoin was a put on the Chinese economy. Wealthy Chinese people have bid up other assets like Vancouver real estate as well as many crypto currencies.