Friday, February 28, 2020

ANALYSTS TOTALLY WRONG ABOUT GOLD: Top Gold Miners Production Cost Still Provides Floor In The Market Price

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by Steve St. Angelo, SRSRocco Report:

While the debate on the dynamics of the gold market continues, at least the top gold miners production cost provides us with a floor price.  Or rather, a basic minimum price level.  I get a good laugh when I read analysts suggesting that the gold price will fall back to $450-$700.  For the gold price to fall back to $450, then we would need to lose 95+% of global gold mine supply.

Due to two factors of rising energy prices and falling ore grades in the gold mining industry, COSTS WILL NEVER go back to where they were a decade ago.  Again, the only way for that to happen is if a large percentage of gold mine production was shut down.

See the list: 11 of the most effective natural painkillers

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by Michelle Simmons, Natural News:

It shouldn’t be surprising that nature also provides natural pain relievers: It has already given us many powerful medicinal plants that can treat anything from a fever, wounds, and even cancer. Here are just some of the most effective natural painkillers. The best part? Most of them could already be found in your kitchen or garden. (h/t to Survivopedia.com)

  1. Aloe vera: Aloe vera was not called by the ancient Egyptians as the “plant of immortality” for nothing. The gel from the aloe vera plant has potent anti-inflammatory and antioxidant properties. It can be used to relieve burns, cuts, scrapes, and cold sores. The juice of the aloe vera plant can also boost digestive function.

Stock, Bond, and Real Estate Bubbles Are Popping – Got Gold?

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by Dave Kranzler, Investment Research Dynamics:

“I don’t know how this whole thing is going unwind – I just think it’s not going to be pleasant for any of us, even if you own gold and silver.  I think owning gold and silver gives you a chance to survive financially and see what it’s going to look like on the other side of what is coming…”

My good friend and colleague, Chris Marcus, invited me on to his Stockpulse podcast to discuss the financial markets, economy and precious metals.  In the course of the discussion, I offer my view of the Bank of England’s refusal to send back to Venezuela the gold the BoE is  “safekeeping” for Venezuela.

Why I Think this Sell-Off is Just One Step in Methodical Unwind of Stock Prices

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by Wolf Richter, Wolf Street:

One after the other, individual stocks are getting crushed.

It was an ugly Monday and Tuesday followed by a Wednesday that at first look like a real bounce but ended with the indices giving up their gains. This was followed, mercifully, by Thursday when markets were closed, which was followed unmercifully by Friday, during which the whole schmear came unglued again.

All U.S. Gov’t. Accusations Against Russia’s Gov’t. Are Lies

by Eric Zuesse, The Saker:

THE FIRST ACCUSATION, which is the source of the Magnitsky Act sanctions against Russia, was in 2012 under U.S. President Barack Obama, and it alleged that Sergei Magnitsky had been a whistleblower in Russia who was a lawyer who uncovered corruption in Russia’s Government and was imprisoned for that and beaten to death there for that. Magnitsky was, in fact, no whistleblower, and no lawyer, but the accountant of American billionaire Bill Browder, who had been charged by the Russian Government (and who then fled Russia) as having tax-defrauded the Russian Government of $230 million. And, Magnitsky’s death in prison was due to inadequate medical care of his pancreatitis by the medical personnel there, not (as Browder alleged) to any “beating.”

Night rage: Furious ‘Yellow Vest’ protesters turn Paris into ‘war zone’ (VIDEO)

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from RT:

The night descending on Paris has brought no ease of tensions over fuel price hikes. ‘Yellow Vest’ protesters set more barricades ablaze, turning the French capital into a kind of war zone.

The filmed scenes resembled street battles, with rioters engaging in scuffles with police, which struggled to bring the situation under control.

The video shows brazen protesters setting barricades and tents on fire, as well as riot police using tear gas and water cannons to disperse the crowds. People have been venting their anger for the past two weeks over rising fuel prices and a government-proposed fuel tax, which is due to come into force in January 2019.

BREAKING: Assange Lawyers Blocked From Entering Ecuadorian Embassy as Tuesday Hearing Looms

by Cristina Laila, The Gateway Pundit:

The US Department of Justice is preparing to prosecute WikiLeaks founder Julian Assange.

Julian Assange’s lawyers have been blocked from entering the Ecuadorian embassy according to a tweet posted by the official WikiLeaks Twitter account.

Assange faces a US court hearing on Tuesday in the National Security court complex in Alexandria, Virginia and needs to meet with his lawyers to prepare.

Russia To Verify Whether USA Actually Landed On The Moon

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from ZeroHedge:

The head of Russia’s Roscosmos space agency has vowed to verify whether or not the United States actually landed on the moon, according to the Associated Press.

Discussing a proposed Rusian mission to the moon, Dmitry Rogozin jokingly said in a Saturday video posted to Twitter:

“I answer questions of the President of Moldova: whether there were Americans on the moon… We have set this objective to fly and verify whether they’ve been there or not.” 

Thoughts From The Precipice

by Chris Martenson, Peak Prosperity:

Things are worsening. But we’re not over the edge quite yet.

As you already know, things are unraveling. The narratives of the past are being revealed as false and fraudulent — even harmful.

For example, the fallacy of pursuing “ever more” growth. Growth up to a point is beneficial, but it turns self-destructive when it exceeds what available resources can sustain.

As it is practiced, economic growth as pursued around the world today is now destructive. If we continue on our current trajectory, it will become fatal.