By: Julian D. W. Phillips, GoldForecaster.com - 30 September, 2011
Whether this forecast is correct or not, we can all see that we have to be prudent and take precautionary measures to safeguard our wealth. If we don’t, then we’ll lose it. We’re at the point when we need to be ready for the worst and situate ourselves out of harm’s way. If the storm doesn’t come, we can always come out of shelter and carry on. But if it does, when we come out of shelter we’ll be able to do much more. Are you ready? Full Story
By: Chris Waltzek, GoldSeek.com Radio - 30 September, 2011
When the G20 meeting people get together, they do have schemes that they’re putting together that we don’t know about and it was an engineered fall in the precious metals market. We’re learning now that Central Banks are dumping gold and we also understand that the higher the price of gold goes, the less people want to buy their fiat currency. And that, to us, was an engineered move on many different levels, and they’re trying to scare people out of precious metals. Full Story
By: Scott Wright, Zeal Research - 30 September, 2011
With the world forging ahead in this modern industrial and technological era, the king of commodities continues to flex its muscles as the most indispensable of resources. Oil, the lubricant of global commerce, is seeing record levels of demand. Full Story
Gold and Silver and Essential Food Products and Producers are the most important Means to Profit and Protect regardless of Economic, Financial, or other Market Conditions, when preparing one’s Portfolio for Hyperstagflation and other crises to come.
Consider, concluding Wise words from Marc Faber: “opt out of the fractional reserve system, buy Gold and become your own central Banker”. Full Story
By: Richard Mills, Ahead of the Herd - 30 September, 2011
So throw another few trillion dollars and Euros onto the fiat fueled inflation bonfire.
Inflation means commodities. To this author, commodities mean junior resource companies, after all, they are the ones who actually own the world’s future supply of commodities. And they are on sale….
Are junior resource companies, and the leverage they offer to inflation, on your radar screen? Full Story
Among other things, this means the United States is approaching a Constitutional crisis because states are beginning to financially break away from the federal government. This is no less serious than the American War of Independence or the War Between the States. The Utah Monetary Declaration (below) is a financial declaration of independence whereby states are beginning to opt out of the Federal Reserve System. A major confrontation seems inevitable. Full Story
By: John Browne, Euro Pacific Caital - 30 September, 2011
Central Bank Intervention. Central bankers have long been embarrassed by the price of gold, which exposes their surreptitious currency debasement. For many years, the central banks of major debtor countries have sought, via IMF intervention under Central Bank Gold Agreements I and II, to magnify any natural market volatility in order to dispel the perception that precious metals can be a superior store of wealth. Although the central banks of surplus nations are accumulating gold, it is possible that the IMF is acting still to magnify any market price volatility. Full Story
Now, we are aware that some of you may have an emotional attachment with gold, thus you may insist on keeping your physical bullion and related stocks. We do not have a problem with this view, but we just want you to be aware that during a genuine liquidation climax, precious metals will also feel the heat. Full Story
How is it that such an erroneous report detailing the size of the bailout is written and published by a sitting senator? Senators have serious budgets with professionally paid researchers and staffs. How could they get something this important and sensitive so ENORMOUSLY wrong – unless it was done with intent? Full Story
By: Julian D. W. Phillips, GoldForecaster.com - 29 September, 2011
Take a look at the function of gold and silver. Gold, in particular, is an international asset and international cash. It can be used when all else fails. We saw that in the recent falls. Investors could liquidate holdings quickly and take good profits to cover losses, loans, and margin calls in other markets. Once there’s a moderate stabilizing of markets, that lesson is remembered. Investment house strategists factor that into their policy decisions, realizing that in bad times, future profits lie in precious metals. Full Story
Mike Kachanovsky, known as "Mexico Mike," doesn't follow the so-called smart money. Founder of the website smartinvestment.ca, Mexico Mike believes mainstream commentators are leading investors astray by insisting that it is too late to get into mining stocks and precious metals. In this exclusive interview with The Gold Report, Mexico Mike explains why everyone needs to have some exposure to precious metals. Full Story
By: Jeff Berwick, The Dollar Vigilante - 29 September, 2011
Altucher had a fairly lengthy and detailed response, but he started off his response on Twitter with, "Gold is just as fiat as paper. The global economy is bigger than gold. I bet on innovation and not a rock."
Wrong. So wrong. And, right off the top too! Full Story
By: Michael Finger, Euro Pacific Capital - 29 September, 2011
So, don't expect to see a major renaissance in American medicine any time soon. Instead, the future President Obama has created will be poor, sick, and old. Based on the Kaiser Foundation's report, it looks like we're well on our way. Full Story
The Fed's announcement that they will be selling $400 billion of short-term treasuries in order to buy $400 billion in long-term treasuries is not the confusing or ineffective obscurity many observers mistakenly believe it to be, but rather it is a textbook example of the strategy of Financial Repression that the US government has chosen in an attempt to avoid either hyperinflation or default. Succinctly put, the key is to take the massive financial pain that would otherwise be forced on the federal government, and instead move the burden elsewhere. Full Story
By: Bob Chapman, The International Forecaster - 28 September, 2011
The takedown of gold and silver markets over the past two weeks signified a new milestone in corruption, brazenness, arrogance and it reveals the level of evil control behind our government. This past week, in just one week, saw gold fall almost $200 and silver about $10.00. We have been involved in gold and silver for 53 years and the only event that comes close to this was October 19, 1987, when we witnessed the Bank of England sell down gold $100.00 under the orders of the Fed and the US Treasury, which borrowed the gold from the IMF. That was illegal, but that means little to the Illuminists who do as they please. Today thanks to Ronald Reagan we have the “President’s Working Group on Financial Markets,” which has legitimatized corruption to conform to the Keynesian model of corporatist fascism. Full Story
An eye-opening interview with renowned speculator Doug Casey, conducted by Karen Roche and JT Long of The Gold Report. Doug explains why fiat currencies around the world are destined for collapse… and what investors can, and should, do to protect themselves. Full Story
By: Gary North, Mises on Money - 28 September, 2011
Politicians really do believe that they are wiser than investors who have their money on the line. Investors are trusting. But at some point they decide that it is safer to sell their bonds than remain on a sinking ship. Bond prices fall, i.e., interest rates rise.
PIIGS will not learn how to fly. But they remain aboard the Eurozone's central bank-funded hot air balloon by fattening up on loans from governments and the ECB until they finally relieve themselves from on high. Full Story
The presidential election of 1896 was a great national referendum on the gold standard. The Democratic Party had been captured, at its 1896 convention, by the Populist, ultra-inflationist, anti-gold forces, headed by William Jennings Bryan. The older Democrats, who had been fiercely devoted to hard money and the gold standard, either stayed home on election day or voted, for the first time in their lives, for the hated Republicans. The Republicans had long been the party of prohibition and of greenback inflation and opposition to gold. But since the early 1890s, the Rockefeller forces, dominant in their home state of Ohio and nationally in the Republican Party, had decided to quietly ditch prohibition as a political embarrassment and as a grave deterrent to obtaining votes from the increasingly powerful bloc of German-American voters. Full Story
By: Peter Cooper, Arabian Money - 28 September, 2011
Even after corrections that have taken down gold prices 10 per cent in the past month and silver 25 per cent, investors are still left well out front holding these precious metals over the past 12 months, up 25 per cent for gold and 40 per cent for silver. Full Story
By: Chris Powell, Gold Anti-Trust Action Committee Inc. - 27 September, 2011
Market analyst Izabella Kaminska this month examined the collapse in gold lease rates and concluded that central banks likely have been trying to stuff gold into the market by various back doors, resulting in the placement of borrowed gold at exchange-traded funds like GLD and thus in gold price suppression as well. Full Story
By: Peter Schiff, Euro Pacific Capital - 27 September, 2011
It's my opinion that a weakening U.S. economy is far more bullish for precious metals than a strengthening one. That is because the Fed is more likely to print money, and in larger quantities, when the economy is weak than when it is strong. And so, I'm convinced that the economy will slow against a backdrop of inflation rather than deflation. Gold and silver are traditionally the best hedges against inflation. Full Story
After more than 50 years of investing for long-term shareholder profit, David Christensen, head of ASA Gold and Precious Metals Limited—one of the world's oldest and largest closed-end precious metal investment funds—is seeing some new opportunities emerge. In this exclusive interview with The Gold Report conducted at the Denver Gold Forum, he says seniors are trading at unbelievable values and, for the first time in a long time, acting as dividend income stocks. Full Story
By: Frank Holmes, U.S. Global Investors - 26 September, 2011
Since mid summer, our investment team has sought to limit exposure to downside risks by raising cash levels, selling mid-caps to buy large-cap companies and downsizing positions in cyclical areas such as industrials while increasing those in more stable areas such as consumer staples. Last week’s market volatility provides an opportunity to selectively invest cash and redeploy capital. Full Story
By: David Bond, Silver Summit - 26 September, 2011
Murphy and Christian hold diametrically opposed views on the matter. Murphy and the Gold Anti-Trust Action Committee (GATA) assert that certain banks and large trading houses deliberately manipulate gold and silver prices to the downside, while CPM's Christian holds that precious metals prices are reflective of free-market realities. Full Story
By: John Browne, Euro Pacific Caital - 26 September, 2011
The leaders of Europe have been criticized for their inability to deal expeditiously with the Eurozone debt crisis. Many view the paralysis through the prism of self interest: taxpayers of the EU's creditor nations are simply unwilling to finance spending of the bloc's debtors. But the hesitancy can also be ascribed to the growing voter dissatisfaction with the entire structure of the Eurozone, and in particular a chasm between German voters and German leaders. Full Story
Despite every effort by governments, the gap between rich and poor continues to grow. It is now the biggest it has even been in history. All sorts of reasons for this have been proffered, but few, however, seem to realise that is a simple, inevitable consequence of our system of money and credit. Full Story
By: Richard Mills, Ahead of the Herd - 26 September, 2011
As a general rule, the most successful man in life is the man who has the best information.
The Fed has been dumping billions of dollars into the US markets each and every trading day since late 2010. Because of this massive money creation the dollar became much weaker. Full Story
By: Julian D. W. Phillips, GoldForecaster.com - 26 September, 2011
What is more apparent since 2008 is that precious metals are a haven in deflationary days. Gold is both an asset and cash, around the entire globe. In this global environment with worldwide, web-like, banking systems, gold is the one international item that is an asset to all, free from governments. Gold has moved back to the center of the world’s monetary system where banks who are finding it difficult to raise loans at reasonable prices, are using gold as collateral to facilitate. Gold is now a viable, monetary asset and no longer a barbarous relic. The demand from emerging nation’s central banks in the last two years has confirmed that. Their buying on the dips, when there are fair quantities to be bought, testify to that. This sort of buying is price insensitive, persistent, and likely to be very much alive with a gold price in these regions. Full Story
By: Bob Chapman, The International Forecaster - 26 September, 2011
The spot gold price fell $101.70 to $1,637.50, as December fell $80.70 to $1,661.00. The spot silver price fell $6.49 to $30.05, as December fell $5.37 to $31.20. That is what the CME and COMEX call an orderly market. This is simply unbelievable. After 53 years, as one of the experts in this field, we cannot believe they have done such a dastardly thing. Contact every Senator and representative and tell them what you think. At 1:00 a.m. EDT the attack had begun just as we finished the George Noory program on Coast-to-Coast AM. It continued all day because all the inside players knew ahead of the public that margin requirements would be raised. Gold and silver were deliberately forced down outrageously, as it becomes clearer that they were very serious problems ahead and that Europe and the US would have to print trillions of dollars to stabilize deteriorating markets, banks and sovereign countries. The destruction of gold and silver on the 3rd try was mandatory as a cover operation. Financially Europe is in a state of collapse. Full Story
Was that a capitulation I saw on Friday as all the blinking red lights on my screen seemed to light up like a Christmas tree gone berserk on Friday afternoon? I am not sure; nor do I really care. What I care about is that this chart is no longer over bought by greedy and fearful momentum players. No matter what conspiracies the vast, internet-based gold bug ‘community’ burps up, this chart had to be fixed. Full Story
By: Chris Powell, Gold Anti-Trust Action Committee Inc. - 25 September, 2011
In the essay appended here, the Mexican journalist Guillermo Barba reports that the Bank of Mexico refuses to disclose where it is keeping the 93 tonnes of gold it claimed to have purchased this year, apparently doesn't even know the form of the gold it claims to have purchased, and thus for its new gold reserves may be only an unsecured creditor of banks that are members of the London Bullion Market Association, home of fractional-reserve gold banking and primary mechanism of the gold price suppression scheme. Full Story
The Gold (and Silver) bull continues to closely follow the giant wave formation of a tsunami. The recent more parabolic rise in Gold up to above $1,900 is analogous to the little ridge of water we first saw way out in the distance, and now, much like when the waters recede from the shore early in the tsunami wave formation, Gold is undergoing a correction. Full Story
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