Wednesday, September 18, 2019

Stocks and Precious Metals Charts – One Day In Texas

from Jesse’s Café Américain:
“Beware the Jabberwock, my son!
The jaws that bite, the claws that catch!
Beware the Jubjub bird, and shun
The frumious Bandersnatch!”

Lewis Carroll

“Grigory Yefimovich Rasputin—
spiritual advisor to the Romanovs.
In 1916, at a dinner in his honor,
he was poisoned, shot stabbed,
clubbed, drowned, and castrated.”

Hellboy,
2003

“A shudder in the loins engenders there
The broken wall, the burning roof and tower
And Agamemnon dead.

“A Stock Market Crash is Coming!”

by Gary Christenson, goldstockbull:
Conventional “Wisdom:” Markets move up and down, but the stock market always comes back. The DOW is frothy and needs a correction, but the stock markets are healthy and big gains lie ahead.

Pessimistic version:  Jim Rogers said, the next crash will ‘the biggest in my lifetime.’[Coming soon …]

Question:  Given the craziness in politics, the Middle-East, Central Banking, and global debt levels …  do you own enough gold bullion?

Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing

by Mark O’Byrne, Gold Core:
– Gold hedge against currency devaluation – cost of fuel, food, housing
– True inflation figures reflect impact on household spending
– Household items climbed by average 964{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}
– Pint of beer sees biggest increase in basket of goods – rise of 2464{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}
– Bread rises 836{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}, butter by 1023{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} and fuel (diesel) up by 1375{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}
– Gold rises 2672{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} and hold’s its value over 40 years
– Savings eaten away by money creation and negative interest rates
– Further evidence of gold’s role as inflation hedge and safe haven

Is Peter Schiff Against Bitcoin Because He Is A Globalist Insider Shill?

by Jeff Berwick, The Dollar Vigilante:
When mainstream media tries to drag bitcoin’s name through the mud, we get it. The mainstream media is owned by the same general group of people who own everything else including governments and central banks.

Of course, they are going to do everything they can to make bitcoin look as bad as possible. And they’ve done that, now declaring bitcoin dead 140 times. And that’s when they aren’t trying to associate bitcoin with things like the CIA’s drug running business or terrorist financing which Best Friends Forever (BFFs) Killary Clinton and Donald Trump do on a daily basis.

But when those not normally associated with the globalists try to say and do anything to demean bitcoin it makes you wonder whose team they are on.

Keiser Report: Make Bitcoin Great Again (Summer Solutions E1099)

from RT:

In this episode of the Keiser Report’s annual Summer Solutions series, Max and Stacy talk to Jaromil of Dyne.org about how to make bitcoin great again. As the great blocksize debate of bitcoin spills out into all out civil war, what are the solutions on offer and what exactly is the solution at the heart of the reason for bitcoin? They also discuss the flippening, ethereum and initial coin offerings and whether or not they are offering any solution to a real world problem.

Andrew Hoffman – Central Bank Credibility is Gone!

by Kerry Lutz, Financial Survival Network:
What’s Really Happening Wednesdays with Andrew Hoffman:

The End of Central Bank credibility, and beginning of the Age of the Printing Press
The Fed’s “tightening” cycle is over
The ECB’s balance sheet is as large as Japan’s economy
The BOJ’s balance sheet is equally large, and may drop it’s 2{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} “inflation target” tomorrow
Historic Precious Metal rebalancing opportunity
The Holy Grail of bullish silver statistics
The coming two week’s potentially historic Bitcoin “scaling” events
Etc., etc.

Click HERE to Listen

BANK ASSETS ARE EPHEMERAL – HERE TODAY GONE TOMORROW

by Egon Von Greyerz, Gold Switzerland:
It is not only paper gold which is Fake. Few investors realise that most of their investments are Fake.

Fake news and Fake assets are everywhere. Let’s start with social media which dominates major parts of the world. Facebook for example has 2 billion active users. WhatsApp has 1.2 billion users and Instagram 700 million. There will obviously be quite a lot of overlap between the various social media. But what it is clear that these three Apps reach billions of people and their power is much bigger than that of any other media; Social Media has more impact than newspapers or than television and is the only media that 2-3 billion people follow regularly. Most people and in particular young people don’t watch television and don’t read the papers. They get all their “news” from social media.

The Fed Has Hit the ‘Pause’ Button

by Jim Rickards, DailyReckoning:
Last week the Fed raised the white flag on further rate hikes. There won’t be any for the foreseeable future.

No rate hikes are coming at the July, September or November Fed FOMC meetings. The earliest rate hike might be at the December 13, 2017 FOMC meeting, but even that has a less than 50{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} probability as of today. I’ll update those probabilities using my proprietary models in the weeks and months ahead.

The white flag of surrender came in two public comments by two of the only four FOMC members whose opinions really count. The four voting members of the FOMC worth listening to are Janet Yellen, Stan Fischer, Bill Dudley and Lael Brainard.

ANOTHER HUGE 5.32 TONNES OF GOLD WITHDRAWAL FROM THE GLD DESPITE GOLD’S SMALL ADVANCE/NO CHANGE IN SILVER INVENTORY AT THE SLV

FOR THE LAST 4 DAYS: 16.26 TONNES OF GOLD HAVE BEEN WITHDRAWN DESPITE GOLD’S RISE OF $24.26/USA ALLY RELEASES TO RUSSIA LOCATION OF USA AIR BASES IN SYRIA: AT RISK 3 MILLION MIGRANTS HOUSED IN TURKEY
from Harvey Organ:

In silver, the total open interest ROSE BY A HUGE 2936 contract(s) UP to 209,689 WITH THE HEALTHY RISE IN PRICE THAT SILVER TOOK WITH YESTERDAY’S TRADING (UP 16 CENT(S).TODAY WE HAD NEW SPECULATOR LONGS ENTER THE MARKET WITH THE BANKERS SUPPLING THE NECESSARY PAPER. THE BANKERS ARE HAVING AN AWFUL TIME TRYING TO SHAKE THE SILVER LEAVES FROM THE SILVER TREE.

In ounces, the OI is still represented by just OVER 1 BILLION oz i.e. 1.049 BILLION TO BE EXACT or 150{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} of annual global silver production (ex Russia & ex China).

FOR THE NEW FRONT MAY MONTH/ THEY FILED: 32 NOTICE(S) FOR 160,000 OZ OF SILVER

In gold, the total comex gold FELL BY 1662 CONTRACTS DESPITE THE RISE IN THE PRICE OF GOLD ($7.50 with YESTERDAY’S TRADING). The total gold OI stands at 484,204 contracts. THE BANKERS ARE STILL LOATHE TO SUPPLY THE GOLD PAPER AND WISH TO COVER MORE OF THEIR SHORTS. SOME NEWBIE SPEC LONGS STARTED TO ENTER THE GOLD COMEX ARENA AGAIN. THE PLETHORA OF DATA RELEASED ON FRIDAY SHOWING RETAIL SPENDING BASICALLY COLLAPSING ALONG WITH SMALLER INFLATION NUMBERS MUST BE SCARING OUR BANKERS TO DEATH.

Read More @ Harveyorganblog.com