from Palisade Radio:
The Stock Market Could Be In Trouble – Buy The Dip In Gold / Silver
by Dave Kranzler, Investment Research Dynamics:
The price take-down in gold and silver is 100% a product of the trading activity – aided and abetted by the bullion banks in NY and London, who manipulate the price in the paper derivative market. All of the trading activity dictating this sell-off is occurring in the paper derivative markets – it has nothing to do with the economics of the physical gold and silver markets.
How do I know this? Consider that 404,000 Comex December paper gold contracts contracts traded on Wednesday. That’s equivalent to 1,262.5 tonnes of gold. That’s roughly 42% of the total amount of gold that will be mined in 2020. In other words nearly half a year’s worth of physically mined gold traded in one day in just one contract month.
TURKEY IN SERIOUS FINANCIAL TROUBLE AS RESERVE CURRENCY PLUMMETS: THEY RAISE RATES TO STEM THE FALL IN THE LIRA
by Harvey Organ, Harvey Organ Blog:
GOLD UP $9.30 TO $1874.30//SILVER UP 15 CENTS TO $23.15//GOLD TONNAGE AT COMEX: 14.9 TONNES//SILVER OZ STANDING: 54.4 MILLION OZ//CORONAVIRUS UPDATE THE GLOBE//TURKEY IN SERIOUS FINANCIAL TROUBLE AS RESERVE CURRENCY PLUMMETS: THEY RAISE RATES TO STEM THE FALL IN THE LIRA//IN THE USA 870,000 NEW UNEMPLOYMENT BENEFIT CLAIMS//NO TALKS BETWEEN MNUCHIN AND PELOSI
What Trump’s Nominee Can Expect from a Media ‘Cancerous With Dishonor’
by Jack Cashill, American Thinker:
Two years ago, Mark Judge was nearly crushed when the tumbril carrying high school pal Brett Kavanaugh to his intended execution ran him over. I caught up with Mark this week, and I am happy to report he has recovered from his unhappy stint as Democratic roadkill.
Over the years, I have gotten to meet any number of other truth-tellers crushed by a media that Judge calls “cancerous with dishonor.” I tell many of their stories in my new book, Unmasking Obama. An excellent writer, Mark Judge tells his own story and does so eloquently.
Gold and Silver Demand Show No Signs of Letting Up with Andy Schectman
by Kerry Lutz, Financial Survival Network:
According to Andy Schectman, gold and silver moved too far too fast. But they’re now building a sustainable base around $1900. This dip has led to increased demand and sales are taking off. Never a good idea to chase the rallies. The bottom line is that we haven’t seen anything yet. Business is strong because people understand that this is the same old pattern. Just like 2008, history is rhyming. Supply dynamics are very strange. We’re in the eye of the huricicane. Premiums are the lowest since December. Supply has picked up since the beginning of the year. Heading into Q4 of 2020 and Q1 of 2021, things will pick up. Economy is dying in the upper Midwest. Comex open interest is massive. You’re beginning to see a run on the Comex. High net worth individuals are taking their metal off the exchange. They’ve gone to extreme measures to avoid a default.
Thirty-Nine States Don’t Have Enough Money to Pay Their Bills
by Peter Schiff, Euro Pacific Capital:
It’s not just the federal government running massive deficits and piling up enormous levels of debt. Thirty-nine US states don’t have enough money to pay all of their bills.
That was the grim conclusion of Truth in Accounting’s annual Financial State of the States report.
The report summarizes a comprehensive analysis surveying the fiscal health of the 50 states prior to the coronavirus pandemic.
JPMORGAN TO PLEAD GUILTY (CRIMINALLY) AND PAY A 1 BILLION DOLLAR FINE TO CFTC
by Harvey Organ, Harvey Organ Blog:
RAID ON GOLD AND SILVER AS WE START OPTIONS EXPIRY WEEK: GOLD DOWN $28.00 TO $1865.00//SILVER DOWN $1.41 TO $23.00// HUGE INCREASE IN GOLD TONNAGE AT THE COMEX UP TO 14.9 TONNES/54.8 MILLION OZ OF SILVER STANDING FOR DELIVERY//HUGE OI FOR OCTOBER GOLD//JPMORGAN TO PLEAD GUILTY (CRIMINALLY) AND PAY A 1 BILLION DOLLAR FINE TO CFTC/JUSTICE;;AND NOW CLASS ACTION SUITS WILL COMMENCE//FED PLANNING ON GIVING EACH USA CITIZENS DIGITAL MONEY??: IS THIS THEIR END GAME?//CORONAVIRUS UPDATES//SWAMP STORIES FOR YOU TONIGHT
