you are looking for games stock market? or stock market games? or business game? simulation game?
Try this vid
Really interesting game.
domingo, 30 de diciembre de 2012
sábado, 22 de diciembre de 2012
Gold and silver 2013
Guys.
I predicted that gold was going to correct a week ago. This is because too much short positions were still there waiting to buy back with lower prices. Too much funds selling to grab their profits and pay lower taxes.
The fiscal cliff play is still on and the stock market is still in the highs. I don´t like it. So I guess the pressure on gold and silver may stay for a while. Also we have Europe drama that can be reactivated any time.
So I guess we should enjoy lower prices to keep stacking . I look for silver to buy if it get close to the 26 level.Maybe we never reach it.
Gold will have its prime time after the european crisis. We have also Japanese plan to print like crazy. this should help both dollar and gold .
stay tuned and only buy if it is really cheap. 2013 should be a crazy year.
I predicted that gold was going to correct a week ago. This is because too much short positions were still there waiting to buy back with lower prices. Too much funds selling to grab their profits and pay lower taxes.
The fiscal cliff play is still on and the stock market is still in the highs. I don´t like it. So I guess the pressure on gold and silver may stay for a while. Also we have Europe drama that can be reactivated any time.
So I guess we should enjoy lower prices to keep stacking . I look for silver to buy if it get close to the 26 level.Maybe we never reach it.
Gold will have its prime time after the european crisis. We have also Japanese plan to print like crazy. this should help both dollar and gold .
stay tuned and only buy if it is really cheap. 2013 should be a crazy year.
jueves, 13 de diciembre de 2012
Democrat lawmakers thinking on TAXING US GOLD MINERS!
Ok folks, This is reason why I don´t touch gold mines stocks:
TOO MUCH GOVERNMENT RISK OUT THERE.
(Reuters) - Revising a 19th-century U.S. law that governs the mining of gold and other precious metals could add billions of dollars to federal coffers at a time of tight budgets, according to some Democratic lawmakers and a government study released on Wednesday.
Taxpayers receive no royalties on metals pulled from federal land, and officials drew a blank when they tried to find out how much gold, silver, copper and other valuable metal is sold.
"Federal agencies generally do not collect data from hardrock mine operators," said the report from the nonpartisan Government Accountability Office, which looked at the market in 2010 and 2011.
But applying a metals levy of 12.5 percent - the benchmark government share for other resources - could deliver hundreds of millions of dollars a year to taxpayers, according to independent studies and U.S. Representative Raul Grijalva, who sought the report and other data from the mining industry.
"As we face these fiscal challenges, these are the pennies that we should pinch," said Grijalva, the leading Democrat on the panel that oversees public lands.
Grijalva, of Arizona, and Senator Tom Udall of New Mexico, who jointly called for the GAO report, say taxpayers should also benefit from a gold price surge that has boosted the bottom line for miners.
Applying Grijalva's royalty formula on the 1.1 million ounces of yellow metal pulled last year from Goldstrike mine in Nevada, the largest in North America, could have yielded $150 million to taxpayers, according to a Reuters tally of industry data.
Barrick Gold Corp (ABX.TO), the mine operator, said only a fraction of Goldstrike is on federal land, and the company's taxes have already quadrupled in the five years of climbing gold prices.
Taxpayers are entitled to a royalty from metal sales nevertheless, lawmakers said.
Under Grijalva's proposed formula, Freeport-McMoRan Copper & Gold Inc's (FCX.N) reserves of copper and molybdenum, which is used to toughen steel, would return about $700 million to taxpayers over the life of the mines, according to a Reuters tabulation of company data.
NO-ROYALTY RULE
The 1872 mining law that drove prospectors into western states such as California still governs much of the industry.
But this no-royalty law is a costly anachronism when mining giants can stake a claim on federal land for a few dollars an acre, Udall said. The coal, oil and gas industries, by comparison, have no such exemption.
"We are giving our gold and silver for free and don't even know how much we are giving," said Udall, whose father, Stewart, was secretary of the Interior during the 1960s and called mining law reform his great unfinished work.
Lawmakers who have occasionally tried to reform the mining rules have never cleared all the hurdles to pass new laws, as the industry has strong political allies.
Senate Majority Leader Harry Reid, a Democrat, counts on mining support in his home state of Nevada, and lawmakers say it will be difficult to persuade him to take a bite out of the industry.
But on Wednesday, the two top senators on the Energy and Natural Resources Committee said they were open to considering reform.
"There's been agreement for a long time that the 1872 Mining Law should be updated to include a royalty" and reduce paperwork, said Senator Lisa Murkowski, the panel's top Republican.
Ron Wyden, the incoming Democratic chairman of the committee, also believes the matter is due for review.
"This is one of a growing number of issues that Senator Wyden plans to look at in the next Congress," said spokesman Keith Chu.
Whether or not mining reform can become law, some lawmakers are ready to target the hundreds of millions of dollars in tax breaks the mining industry claims each year, which they see as an easier political gambit.
"There are a lot of write-offs, and this is an issue we can bring to the coming debate about tax reform," Grijalva said.
Those allowances also benefit the oil and gas industry, the GAO report says, with the federal take on energy exploration running billions of dollars below target.
The offshore oil fields that were supposed to deliver a 12.5 percent royalty to taxpayers brought about 8 percent in 2010 and 2011, according to the report.
One explanation for the shortfall, the report says, is industry allowances for the cost of transporting fuel and incentives meant to encourage some exploration.
"We need to always be looking back and seeing if there is a good reason to continue with exemptions," said Udall. "That's something we're not very good at in government - ending the exemptions when they're no longer needed."
State and local governments often catch a windfall from mining revenue, and Udall said Republican lawmakers from the West might be persuaded to increase the federal take.
"Everyone agrees we need a balanced package to find new revenue," he said, "and this seems like the right time for reform."
(Reporting by Patrick Rucker; Editing by Prudence Crowther and Lisa Von Ahn)
http://www.reuters.com/article/2012/12/12/us-usa-gao-royalty-idUSBRE8BB1SL20121212
TOO MUCH GOVERNMENT RISK OUT THERE.
Levy on gold could be budget windfall, U.S. lawmakers say
(Reuters) - Revising a 19th-century U.S. law that governs the mining of gold and other precious metals could add billions of dollars to federal coffers at a time of tight budgets, according to some Democratic lawmakers and a government study released on Wednesday.
Taxpayers receive no royalties on metals pulled from federal land, and officials drew a blank when they tried to find out how much gold, silver, copper and other valuable metal is sold.
"Federal agencies generally do not collect data from hardrock mine operators," said the report from the nonpartisan Government Accountability Office, which looked at the market in 2010 and 2011.
But applying a metals levy of 12.5 percent - the benchmark government share for other resources - could deliver hundreds of millions of dollars a year to taxpayers, according to independent studies and U.S. Representative Raul Grijalva, who sought the report and other data from the mining industry.
"As we face these fiscal challenges, these are the pennies that we should pinch," said Grijalva, the leading Democrat on the panel that oversees public lands.
Grijalva, of Arizona, and Senator Tom Udall of New Mexico, who jointly called for the GAO report, say taxpayers should also benefit from a gold price surge that has boosted the bottom line for miners.
Applying Grijalva's royalty formula on the 1.1 million ounces of yellow metal pulled last year from Goldstrike mine in Nevada, the largest in North America, could have yielded $150 million to taxpayers, according to a Reuters tally of industry data.
Barrick Gold Corp (ABX.TO), the mine operator, said only a fraction of Goldstrike is on federal land, and the company's taxes have already quadrupled in the five years of climbing gold prices.
Taxpayers are entitled to a royalty from metal sales nevertheless, lawmakers said.
Under Grijalva's proposed formula, Freeport-McMoRan Copper & Gold Inc's (FCX.N) reserves of copper and molybdenum, which is used to toughen steel, would return about $700 million to taxpayers over the life of the mines, according to a Reuters tabulation of company data.
NO-ROYALTY RULE
The 1872 mining law that drove prospectors into western states such as California still governs much of the industry.
But this no-royalty law is a costly anachronism when mining giants can stake a claim on federal land for a few dollars an acre, Udall said. The coal, oil and gas industries, by comparison, have no such exemption.
"We are giving our gold and silver for free and don't even know how much we are giving," said Udall, whose father, Stewart, was secretary of the Interior during the 1960s and called mining law reform his great unfinished work.
Lawmakers who have occasionally tried to reform the mining rules have never cleared all the hurdles to pass new laws, as the industry has strong political allies.
Senate Majority Leader Harry Reid, a Democrat, counts on mining support in his home state of Nevada, and lawmakers say it will be difficult to persuade him to take a bite out of the industry.
But on Wednesday, the two top senators on the Energy and Natural Resources Committee said they were open to considering reform.
"There's been agreement for a long time that the 1872 Mining Law should be updated to include a royalty" and reduce paperwork, said Senator Lisa Murkowski, the panel's top Republican.
Ron Wyden, the incoming Democratic chairman of the committee, also believes the matter is due for review.
"This is one of a growing number of issues that Senator Wyden plans to look at in the next Congress," said spokesman Keith Chu.
Whether or not mining reform can become law, some lawmakers are ready to target the hundreds of millions of dollars in tax breaks the mining industry claims each year, which they see as an easier political gambit.
"There are a lot of write-offs, and this is an issue we can bring to the coming debate about tax reform," Grijalva said.
Those allowances also benefit the oil and gas industry, the GAO report says, with the federal take on energy exploration running billions of dollars below target.
The offshore oil fields that were supposed to deliver a 12.5 percent royalty to taxpayers brought about 8 percent in 2010 and 2011, according to the report.
One explanation for the shortfall, the report says, is industry allowances for the cost of transporting fuel and incentives meant to encourage some exploration.
"We need to always be looking back and seeing if there is a good reason to continue with exemptions," said Udall. "That's something we're not very good at in government - ending the exemptions when they're no longer needed."
State and local governments often catch a windfall from mining revenue, and Udall said Republican lawmakers from the West might be persuaded to increase the federal take.
"Everyone agrees we need a balanced package to find new revenue," he said, "and this seems like the right time for reform."
(Reporting by Patrick Rucker; Editing by Prudence Crowther and Lisa Von Ahn)
http://www.reuters.com/article/2012/12/12/us-usa-gao-royalty-idUSBRE8BB1SL20121212
domingo, 9 de diciembre de 2012
SILVER AND GOLD AFTER THE END OF THE WORLD . DEC 21, 2012
Russians stockpiling emergency and survival stuff for the end of the world...
"Mankind will soon know that If we unite, money will become obsolete. We only need to start sharing and say no to fear."
"Mankind will soon know that If we unite, money will become obsolete. We only need to start sharing and say no to fear."
viernes, 7 de diciembre de 2012
Visit to the BANK OF ENGLAND GOLD vaults
This Is What $315 Billion Worth Of Gold Looks Like
Filmmaker Brady Haran and chemist Martyn Poliakoff go
inside the vaults of the Bank of England, where $315 billion worth of
gold bars currently sit.
Each shelf consists of one ton of gold, which equates to $56 million of gold.
Take a look at the Bank of England's enormous supply of gold below (video via Reddit):
Source:
http://www.businessinsider.com/this-is-what-315-billion-worth-of-gold-looks-like-2012-12
Each shelf consists of one ton of gold, which equates to $56 million of gold.
Take a look at the Bank of England's enormous supply of gold below (video via Reddit):
Source:
http://www.businessinsider.com/this-is-what-315-billion-worth-of-gold-looks-like-2012-12
jueves, 6 de diciembre de 2012
CFTC CHARGES 12 FIRMS FOR FRAUDULENT PRECIOUS METALS SCHEMES!12!!
12 FIRMS GUYS
WE ARE SURROUNDING BY CROOKS. so , my advice: study about gold investing. and study your vendor.
http://www.cftc.gov/PressRoom/PressReleases/pr6447-12
According to the CFTC complaint, the defendants claim to sell physical metals, including gold, silver, platinum, palladium, and copper, to retail customers in retail commodity transactions. Under the defendants’ retail commodity transactions investment contract, customers allegedly make a down payment on certain quantities of physical metals, usually 25 percent of the total purchase price. Defendants allegedly claim to arrange loans for the balance of the purchase price, and advise customers that their physical metals will be stored in a secure depository.
The complaint further alleges that these statements were false, and that the defendants do not purchase any physical metals, arrange loans for their customers to purchase physical metals, or arrange for storage of physical metals for any customers participating in their retail commodity transactions. Instead, all the transactions are just paper transactions, according to the complaint. Defendants allegedly do not own or sell metals to customers; customers are charged storage and insurance fees on metals that do not exist; and are charged interest on loans, which are never made by the defendants.
The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) of 2010 expanded the CFTC’s jurisdiction over transactions like these, and requires that such transactions be executed on or subject to the rules of a board of trade, exchange or commodity market, according to the complaint. This new requirement took effect on July 16, 2011. The complaint alleges that all of the defendants’ financed commodity transactions after July 16, 2011, were illegal. The complaint also alleges that the defendants defrauded customers in all of these financed commodity transactions.
David Meister, the CFTC’s Director of Enforcement stated: “Here is a prime example of how the Dodd-Frank Act provided the Commission with additional strong authority to go after wrong-doers, such as, as alleged in the complaint, individuals who prey on people looking to make retail investments in commodities like gold and silver. We will use this new authority to the fullest extent possible.”
In January 2012 the CFTC issued a Consumer Fraud Advisory (see Advisory under Related Links) regarding precious metals fraud, saying that it had seen an increase in the number of companies offering customers the opportunity to buy or invest in precious metals. The CFTC’s Consumer Fraud Advisory specifically warned that frequently companies do not purchase any physical metals for the customer, instead simply keeping the customer’s funds. The Consumer Fraud Advisory further cautioned consumers that leveraged commodity transactions are unlawful unless executed on a regulated exchange.
In its continuing litigation against the defendants, the CFTC is seeking preliminary and permanent civil injunctions in addition to other remedial relief, including restitution to customers.
The CFTC thanks the Florida Office of Financial Regulation, the Florida Department of Agriculture and Consumer Services, and the United Kingdom Financial Services Authority for their assistance.
The CFTC Division of Enforcement staff responsible for this action are Carlin Metzger, Joseph Konizeski, Heather Johnson, Stephanie Reinhart, Jennifer Smiley, Judith McCorkle, Jeff LeRiche, Peter Riggs, Jennifer Chapin, Steven Turley, Brigitte Weyls, Joseph Patrick, Susan Gradman, Theodore Glotfelty, William Janulis, Scott Williamson, Rosemary Hollinger, and Richard Wagner.
Media Contacts
Dennis Holden
202-418-5088
thumbs up thanks to silverdoctors.com
WE ARE SURROUNDING BY CROOKS. so , my advice: study about gold investing. and study your vendor.
http://www.cftc.gov/PressRoom/PressReleases/pr6447-12
CFTC Charges Hunter Wise Commodities, Lloyds Commodities, C.D. Hopkins Financial, United States Capital Trust, Newbridge Alliance, Blackstone Metals Group, and their Principals in Multi-Million Dollar Fraudulent Precious Metals Scheme
CFTC alleges that defendants conducted illegal, off-exchange commodity transactions, and deceived customers in connection with financed transactions in precious metals
Washington, DC - The U.S. Commodity Futures Trading Commission (CFTC) today announced that on December 5, 2012, it filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against Hunter Wise Commodities, LLC; Hunter Wise Services, LLC; Hunter Wise Credit, LLC; Hunter Wise Trading, LLC; Lloyds Commodities, LLC; Lloyds Commodities Credit Company, LLC; Lloyds Services, LLC; C.D. Hopkins Financial, LLC; Hard Asset Lending Group, LLC; Blackstone Metals Group, LLC; Newbridge Alliance, Inc.; United States Capital Trust, LLC; Harold Edward Martin, Jr.; Fred Jager; James Burbage; Frank Gaudino; Baris Keser; Chadewick Hopkins; John King; and David A. Moore. The complaint charges these entities and individuals with fraudulently marketing illegal, off-exchange retail commodity contracts. The complaint alleges that Hunter Wise Commodities, the orchestrator of the fraud, has taken in at least $46 million in customer funds since July 2011.According to the CFTC complaint, the defendants claim to sell physical metals, including gold, silver, platinum, palladium, and copper, to retail customers in retail commodity transactions. Under the defendants’ retail commodity transactions investment contract, customers allegedly make a down payment on certain quantities of physical metals, usually 25 percent of the total purchase price. Defendants allegedly claim to arrange loans for the balance of the purchase price, and advise customers that their physical metals will be stored in a secure depository.
The complaint further alleges that these statements were false, and that the defendants do not purchase any physical metals, arrange loans for their customers to purchase physical metals, or arrange for storage of physical metals for any customers participating in their retail commodity transactions. Instead, all the transactions are just paper transactions, according to the complaint. Defendants allegedly do not own or sell metals to customers; customers are charged storage and insurance fees on metals that do not exist; and are charged interest on loans, which are never made by the defendants.
The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) of 2010 expanded the CFTC’s jurisdiction over transactions like these, and requires that such transactions be executed on or subject to the rules of a board of trade, exchange or commodity market, according to the complaint. This new requirement took effect on July 16, 2011. The complaint alleges that all of the defendants’ financed commodity transactions after July 16, 2011, were illegal. The complaint also alleges that the defendants defrauded customers in all of these financed commodity transactions.
David Meister, the CFTC’s Director of Enforcement stated: “Here is a prime example of how the Dodd-Frank Act provided the Commission with additional strong authority to go after wrong-doers, such as, as alleged in the complaint, individuals who prey on people looking to make retail investments in commodities like gold and silver. We will use this new authority to the fullest extent possible.”
In January 2012 the CFTC issued a Consumer Fraud Advisory (see Advisory under Related Links) regarding precious metals fraud, saying that it had seen an increase in the number of companies offering customers the opportunity to buy or invest in precious metals. The CFTC’s Consumer Fraud Advisory specifically warned that frequently companies do not purchase any physical metals for the customer, instead simply keeping the customer’s funds. The Consumer Fraud Advisory further cautioned consumers that leveraged commodity transactions are unlawful unless executed on a regulated exchange.
In its continuing litigation against the defendants, the CFTC is seeking preliminary and permanent civil injunctions in addition to other remedial relief, including restitution to customers.
The CFTC thanks the Florida Office of Financial Regulation, the Florida Department of Agriculture and Consumer Services, and the United Kingdom Financial Services Authority for their assistance.
The CFTC Division of Enforcement staff responsible for this action are Carlin Metzger, Joseph Konizeski, Heather Johnson, Stephanie Reinhart, Jennifer Smiley, Judith McCorkle, Jeff LeRiche, Peter Riggs, Jennifer Chapin, Steven Turley, Brigitte Weyls, Joseph Patrick, Susan Gradman, Theodore Glotfelty, William Janulis, Scott Williamson, Rosemary Hollinger, and Richard Wagner.
Media Contacts
Dennis Holden
202-418-5088
thumbs up thanks to silverdoctors.com
sábado, 1 de diciembre de 2012
Keiser MUST WATCH VIDEO!
watch it guys
Keiser is just an amazing guys
http://www.youtube.com/watch?v=1KTaka00MDU
Keiser is just an amazing guys
jueves, 29 de noviembre de 2012
MUST READ SILVER LEASING RATES article
Hi guys,
I am posting this
I am posting this
Ned Naylor-Leyland: LBMA Smoke Signals Smell Fishy
our friend Ned Naylor-Leyland has released a MUST READ letter regarding the implications of the LBMA’s decision to go dark on their reporting of the Silver Forward Lease Rate (SIFO) on Nov 2nd 2012. Naylor-Leyland states the action by the LBMA smells fishy, and appears to be a smoke signal of increasing problems in the physical silver market.
Naylor-Leyland states: ”Bearing in mind that while this was going on there also has been near-frantic churning taking place between the COMEX and the SLV and reports of genuine trouble in size orders of silver being delivered by LBMA members, it seems to me that there are presently a lot of coincidences layering themselves all over the silver market. God’s work perhaps…either way, these backwardation smoke signals are black as can be, and indicate that a move to much higher ground is imminent.‘‘more:
http://www.silverdoctors.com/wp-content/uploads/2012/11/CheviotLetter-11-29-2012.png
well done silverdoctors for this must read article
strongman out
viernes, 23 de noviembre de 2012
Join Aurum Affiliate program
If you want to sell me sell the ebook or eletronic version, you can earn up to 5% of sales.
write to strongman.shelford@gmail.com and I will quickly provide you with the instructions. thanks!
write to strongman.shelford@gmail.com and I will quickly provide you with the instructions. thanks!
Strongman Shelford 's new book is here
Aurum Argentum is the first book to expose gold manipulation in Latin America.
If you speak Spanish you should buy Aurum Argentum - Guía para Invertir en Metales Preciosos ( Guide to Invest in Precious Metals)
Here is where you can buy it paper or electronic version:
Aurum Argentum España:http://www.bubok.es/libros/218797/Aurum--Argentum"> http://www.bubok.es/libros/218797/Aurum--Argentum
Aurum Argentina: http://www.bubok.com.ar/libros/193839/Aurum--Argentum
Aurum Colombia: http://www.bubok.co/libros/211362/Aurum--Argentum
Aurum México: http://www.bubok.com.mx/libros/193498/Aurum--Argentum
English version coming soon!
Stay tuned guys!
If you speak Spanish you should buy Aurum Argentum - Guía para Invertir en Metales Preciosos ( Guide to Invest in Precious Metals)
Here is where you can buy it paper or electronic version:
Aurum Argentum España:http://www.bubok.es/libros/218797/Aurum--Argentum"> http://www.bubok.es/libros/218797/Aurum--Argentum
Aurum Argentina: http://www.bubok.com.ar/libros/193839/Aurum--Argentum
Aurum Colombia: http://www.bubok.co/libros/211362/Aurum--Argentum
Aurum México: http://www.bubok.com.mx/libros/193498/Aurum--Argentum
English version coming soon!
Stay tuned guys!
martes, 20 de noviembre de 2012
Soros Buying Gold as Record Prices Seen on Stimulus
SOROS BOUGHT AN ADDITIONAL 49% OF ITS GOLD holdings!
JOHN PAULSON is also a big buyer!
Big fishes and central banks getting ready for a beatiful 2013 for precious metals
top analysts: 3 Q 2013: gold between 1800 and 2200 . lots of them are looking for gold above 1800$ next year
My view: too much printing coming. grab your silver for the low 30's
if fiscal cliff pushes silver near 26-27 technical support , jump all in.
i may take some loans to buy silver should I see silver go below 30.
now the article:
JOHN PAULSON is also a big buyer!
Big fishes and central banks getting ready for a beatiful 2013 for precious metals
top analysts: 3 Q 2013: gold between 1800 and 2200 . lots of them are looking for gold above 1800$ next year
My view: too much printing coming. grab your silver for the low 30's
if fiscal cliff pushes silver near 26-27 technical support , jump all in.
i may take some loans to buy silver should I see silver go below 30.
now the article:
Soros Buying Gold as Record Prices Seen on Stimulus
Gold’s 12-year rally, the longest in at least nine decades, is poised to continue in 2013 as central bank stimulus spurs investors from John Paulson to George Soros to accumulate the highest combined bullion holdings ever.
read the rest:
jueves, 8 de noviembre de 2012
SILVER OUTPERFORMING SP500 AND DOW JONES IN 2012
So far so good:
silver +13,6%
dow jones:+6%
S&P500: +11%
check it yourself:
http://finviz.com/futures_performance.ashx?v=17
silver +13,6%
dow jones:+6%
S&P500: +11%
check it yourself:
http://finviz.com/futures_performance.ashx?v=17
lunes, 29 de octubre de 2012
My interview to Jim Willie
Guys . I had the honor to make an interview to Jim Willie.
Here it is for you. Enjoy:
Spanish version precious metals website: http://reymidasmoney.blogspot.com
Here it is for you. Enjoy:
INTERVIEW TO JIM WILLIE
By “Reymidas” (aka Strongman Shelford)
October 2012-10-07
1)
Jim. Thanks for allowing me to make you this
interview. I would like to start with some details about your career. How did a
PhD in Statistics with solid experience in computer industry and retail
forecasting lead you to financial markets and precious metals analysis?
The marketing research experience with the old Digital Equipment Corp
from 1984 to 1993 was excellent experience in analyzing markets generally. The
methods were very quantitative, but the strategic thinking was essential in a
very fast moving industry with direct and hidden assaults, and significant
multi-lateral competition. Consider the arrival of UNIX, the server computing
platform, modular software, and more. The years from 1996 to 2000 at Staples
doing sales analysis and forecasting was also highly relevant in the office
superstore market. I was for example in charge of seasonal adjustments, which
enables me to detect statistical fraud easily by the USGovt in most reports. In
university, three courses were completed in Economics, enough for a solid
basis. My hobby for years was to read the Wall Street Journal and Barrons,
which served as an informal incomplete graduate school training. They often say
that a side benefit of earning a Doctorate degree is the demonstrated ability
to learn a new field if sufficiently related. My bio states boldly that I am
not encumbered by the limitations of Economics credentials. By that is meant,
my ability to comprehend Economics is not ruined by the pathetic distortions
from bad training at US universities in the Economics field. Few are aware that
30% to 35% of all faculty chair posts in US universities are funded by the US
Federal Reserve, which guarantees heretical theory acceptance. I stopped course
work at Money & Banking, which I perceived in graphic displays as concealed
bond counterfeit and money laundering.
2)
You run a very popular newsletter: The Hat
Trick Letter on the GoldenJackass.com website. How is it going with the client
base?
The Hat Trick Letter began in May 2004. It reached N=1000 soon after my
arrival in Costa Rica in early 2007 in a gradual rise. By January 2010 the
client base peaked at N=2650, after a tremendous rise from N=1400 in summer
2008 to N=2400 in summer 2009 following the financial collapse (Lehman, AIG,
Fannie Mae) that my work fully anticipated, forecasted, and detailed. My work
missed much of the AIG element, but Lehman and Fannie were given coverage with
full frequent advanced warning. The extreme economic decay in the Western
world, combined with the financial corrosion of paper assets, has deeply
affected the many major economies from which the client base comes. Over the
next two years, the client base slid down to N=2300, which was still strong.
Since early in 2012, the client base has risen past N=2400. Perhaps due to
realization that my work has been largely correct in the important big picture
forecasts. Perhaps due to appreciation of a few outstanding connected sources,
each of whom approached me in response to solid analysis and forecasts. Perhaps
due to several competitor newsletters going out of business. Too many other
newsletters focused too much on gold mining stocks. But the Hat Trick Letter
focuses on reasons to invest in gold generally. My call in early 2008 to exit
mining stocks turned out to be solidly correct. I prefer gold & silver bars
and coins, in particular silver. The gains in the silver price will outpace
those of gold by 3-fold.
3)
How has your newsletter changed over the course
of the last 8 years since its launch?
In 2007, the newsletter began a split into two monthly reports, the Macro
Economic Report and the Gold & Currency Report. In October 2008, a new
Crisis Coverage Report was offered. It was discontinued in October 2010, after
the murder of oil expert Matt Simmons by the Halliburton security hit squad. He
revealed significant damaging stories about Halliburton’s role in sabotage of
the Gulf of Mexico that produced the worst ecological disaster event in human
history. The Macro Economic Report was changed in title and emphasis in 2010 to
the Money War Report, since most mega-forecasts related to systemic failure had
occurred. Refer to the insolvent ruin of the US big banks, the insolvent ruin
of the US housing market, and the insolvent ruin of the USGovt finances. No
need to continue to forecast on the USEconomy and its wreckage, after the ruin
of the three main systemic pillars. So each month is produced a Money War
Report that focuses on the competing currency wars, the bond monetization without
end, the slow collapse of the sovereign bond market, the various props to keep
the system going (even if crippled). Also each month is continued the Gold
& Currency Report that focuses on the USDollar and the gold market, both as
counter-weight to the debased currencies and as pursued asset to hedge against
inflation and the actual ruin of money.
4)
You often cover the extensive Gold market
manipulation. Can you describe the big macro picture and its dynamics as it
pertains to the gold market manipulation?
The mortal enemies to the gold market are desperately hanging on.
Without extreme derivative usage to prop the USTreasury Bonds, and without
extreme usage of naked shorting of futures contracts, the gold price would be
over $4000 to $5000 per ounce right here right now. My forecast has been for an
important divergence between the physical gold price and the paper futures
price discovery that is full of deep fraud. The MFGlobal theft was a seminal
event, whereby investors seeking delivery of silver had their accounts stolen.
Instead of receiving delivery of silver, the silver bars went into JPMorgan
inventory in almost exactly equal quantity. The systems in support of the
USTBonds are collapsing, namely the Interest Rate Swap. The paper futures market
is an amazing Energizer Bunny, running on nothing but fumes of arrogance. The
COMEX and LBMA will eventually go empty in inventory, a day to celebrate.
Remember that no limits are placed on bond fraud, naked shorting, or permitted
thefts. However, there are limits to public tolerance of thefts, especially
when they involve private accounts. The physical gold price will soon rise much
higher than the futures paper gold price, at which time it will no longer be
reported. A market without inventory is a laughing stock, not a market at all.
5)
Where do you expect the first major fractures
to occur within the Gold market and its many extensions?
A significant event occurred in November 2011 with the MFGlobal thefts.
It prompted a powerful response by Asian entities. They are draining the New
York and London banks of their gold bullion. It is an all-out attack that has
yielded 5000 metric tons (five thousand) from Western banks to Eastern banks,
mostly in China. I believe the MFGlobal theft and Chinese drainage of Western
bank gold is directly related. Powerful wealthy entities are seeking the return
of their gold before it is stolen, tied to collateral lines before ruin, and
more.
6)
What are the most important factors behind the
Quantitative Easing by the Federal Reserve? What is their objective in reality?
The objective hidden by the USFed and USDept Treasury is to conceal the
fact that no more broad demand exists for the USTreasury Bond at a time when
the annual deficit to fund in the bond market for the crippled USGovt is over $1.3 trillion. No demand, gargantuan
supply, the prescription for a 10% bond yield or higher, not a yield under
2.0%. A major game is underway to hide the wreckage of the USGovt debt market,
which is no better than Spain or Italy, even Greece. The US sovereign bond
problem is 100 times worse. So the solution has been hyper monetary inflation,
promises of continuing bond purchases forever, precisely as the Hat Trick
Letter forecasted in summer 2009. It has expanded to include the mortgage bond
market, which is intended to conceal the profound bond fraud there also, which
prevents a housing market recovery. There is no exit strategy. The objective is
to prevent a global bond market collapse that would cause a global currency
market collapse, which would result in the collapse of the global banking
system. Regard the monetary policy as bond monetization in unlimited manner
forever.
7)
Does it mean the USA is on the same Weimar road that the old
Germany Reich traveled on?
Exactly. The language is English, not German. The props with derivatives
such as the Interest Rate Swap are heavily relied upon, which did not exist in
the old Germany. Also, the other major central banks did not work in unison,
like they do now. See the Euro Central Bank, England, and Japan, even
Switzerland. Furthermore, this Weimar effect is global, not confined just to
Germany as in the past event. So the wrecked economies and banking systems will
be global.
8)
What other similarities do you see between the United States and the Third
Reich that fell?
The USGovt is run by Nazis in disguise. The Bush Family is nazi, with
grandfather Prescott an avowed nazi who attempted to overthrow President
Roosevelt. The Nazis began to control the power levers after the 911 events of
September 2001. It was a well disguised coup d’etat event, a bloody coup by the
US Intelligence agencies, the Wall Street bankers, a wing of the USMilitary,
and a key small ally on the Southern Mediterranean Sea that looks northwest to
Italy. The US Press networks are subservient stooges. The world will be very
fortunate to avoid a global war, just like what happened after the Weimar
German destruction spread in its effect across Europe in the 1930 decade. A
closer look shows most of the Nazi Playbook methods were used on the World
Trade Tower attacks on 911. My life was threatened for revealing the easy
comparison with nazi methods used in the past, marked by false flags and broad
deceptions.
9)
Can QE3 be successful? What are the risks? What
is the timeframe for benefits?
The QE was not successful. Nor was QE2 successful. In no way will QE3 be
successful. But the central bankers have no choice. The risks are to raise the
cost structure worldwide, for industry (like energy and materials) and
households (like food). The risk is to continue the ruin of banking systems,
and to push the USGovt into a debt default. The bond monetization tool can
never be kept in place indefinitely, since it is highly destructive. Only
competent analysts realize this fact.
10)
Would you regard the central bank franchise
system a failure? Can it recover?
Yes, clearly a failure. Their solutions are for more debt and a better
quality of bond to repay older toxic bonds. Debt cannot solve debt problems. The
clowns running the central banks are busily producing more elaborate bonds with
more seniority in subordination. The current wreckage of Spanish banks is a
clear testimony to the non-solution by the Draghi Long-Term Financial Operation
bonds should alert observers to the absence of solution. Draghi put the new
super-bonds into circulation in late 2011, but with zero positive effect. He is
revered anyway, but the public is full of morons. His new Open Market
Transactions solution is equally stupid, vacant, and will accomplish nothing.
11)
Recently you have written that the Cartel has
raided Allocated Gold accounts. How can these schemes keep going according to
your view?
They will continue to raid the Allocated Gold accounts until the owners
demand the redemption of the bullion bars. The process is being tested in two
places right now. In London, a massive drain has occurred by Eastern entities.
I believe the owners realize their gold is at risk of theft or collateralized
usage. In Switzerland, some major class action lawsuits are in progress in the
multiple $billions. They are kept quiet, my belief since part of non-disclosure
during the lawsuits. The Swiss banks have some very strange laws, the details
of which I do not wish to discuss.
12)
What more can be said on the hidden mechanics
of the Allocated Gold?
My source has told that in London, the margin calls are being enforced
by powerful people. They are demanding that physical gold bars are handed over
to relieve the margin calls. A detective (like me) has concluded that the
leveraged bond and currency positions were initially made with improper illegal
usage of Allocated Gold accounts. Now the London bankers are caught in a
squeeze. Margin calls always are of the same type as initially set up in
contract form.
13)
What major events are near for coming next to
the Gold market?
Very hard to tell. The enemies of the Western bankers make a long
growing list. I believe some events will occur soon in the gold market where metal
deliveries will go into default. The JPMorgan types will not be able to steal
any more accounts soon, since their opponents are on alert as a result of past
thefts. So look for a delivery default event or string of events. The bankers
will attempt to conceal the default. They must tap the Bank of England and the
Bank For International Settlements in Switzerland for the gold, or else face a
default that will cause great embarrassment and tremendous publicity. Be on the
lookout for a strange event, where the US Federal Reserve will approach a point
where they wish to shut down. They face greater ruin each year, the buyer of
last resort to take more and more toxic scheiss (mierda) into possession.
14)
What other risks should gold investors consider
when investing in gold and silver?
Risks of having your gold stolen by your government or by your own
bankers. Very few places in this world are safe to keep your gold. Surely not
the United States or Western Europe or Switzerland. I do not believe Singapore
is as safe as claimed. Hong Kong and Dubai are safe locations, but the entire
Persian Gulf area has turned unstable. Look for new laws for citizens to turn
in their gold for low redemption prices. Only idiots will comply, as vast
disobedience could result. That might be why the USGovt might not try to
confiscate. It would ignite a civil disturbance of national proportions.
15)
Do you believe that gold market manipulation is
about a Strong Dollar Policy backed by the US government or is
it only about business for big banks in Wall Street?
The Strong Dollar Policy enabled the United States to pursue its
suicidal path of a dominant financial sector. It opened the doors for
tremendous historically unprecedented bond fraud. The policy required the
suppression of the gold market and even the drainage of the entire Fort Knox
supply of USGovt gold. Never should a finance sector dominate. It is a tool for
capital formation, a servant to the business sector, not its master. Instead,
in the US the policy became a prescription for disaster. Imagine an economy
dependent upon rising home prices in a bubble. What insanity. What an
incredibly easy forecast call by the Jackass for a housing market wreck and
near permanent collapse. The ongoing housing market is a direct consequence of
the Strong Dollar Policy that smothered the gold market.
16)
What do you think about the fake gold case in New York City. Is it a global
phenomenon? What are you advising to your readers?
I suspect the US Intelligence agencies are the actual source. They have
begun to release fake gold. When they stole the Fort Knox, my source clearly
tells the story that much of it was replaced with fake bars before
distribution. The motive is to tarnish legitimate demand and slow it down. It
will not succeed. They will only cause more careful certification, and
responsible contracts for replacement if the bars of whatever size are proven
fake. Look for stronger certification techniques, which might cost the buyer
extra.
17)
What more can be said about the fake gold bars
and how it relates to the missing 8000 tons of gold bullion no longer located
in Fort Knox?
The distribution routes for the stolen and counterfeited (fake) bars is
the same as for the US Intelligence agency narcotics. The paths go through
Arkansas and Panama, the home of Clinton and the site of huge presence by the
CIA.
18)
One of the most interesting things about your
newsletters is your access to insider information. Could you tell us about your
sources and their background? What are they telling you about what is going to
happen for the markets and precious metals?
The most important source is a German man who has worked in the gold
industry for 30 years. He has vast contacts. He has very wealthy clients on
several continents, including the Chinese Sovereign Wealth Funds, and numerous
Arab royals. He has some important Swiss banker enemies, which in my book is a
stamp of approval for legitimacy and honesty. He is fluent in several
languages. He first approached me in early 2008. We met in 2009 at a
conference. He is a trusted friend, and a strong arm to hold an umbrella.
19)
How much do your sources tell you, which you
are not permitted to divulge?
Every several months, something is shared that is juicy which I must sit
on for a few months. He is clear with instructions. At one time the Panama
narcotic routes for the fake gold bars was a secret to be kept. But no more. One
recent shared item is the nature of the new transaction settlement system for
global trade. Since many months have passed, let it be known that certain
financial instruments will be required in trade settlement, which are to be
backed by actual gold bullion in certain banks. Some formal gold notes will
come into the picture. That is right, gold backed trade settlement, no longer
in USDollars. Watch the crude oil market for hints.
20)
Where do you think precious metals investors
should obtain their gold and silver? Where best to store the precious metals?
Honest sources like Gold Money in Jersey Isle off the English coast,
also Gold Core with London and US offices. Also the Bullion Management Group in
Toronto Canada. Many other reputable sources, but I am not an expert. My
province is analysis more than gold sources.
21)
Do you believe that China may back the Yuan with
gold to replace and provide a death blow for the US dollar?
Yes, the process has begun. The next step will be for the Yuan currency
to be fully convertible. That means it will be convertible to British Pounds or
Euros or Aussie Dollars or Japanese Yen or whatever currency. I expect when the
global trade settlement system arrives, it will be atop the Chinese Yuan. Then
the Yuan will gradually become gold-backed, all in time.
22)
How would you describe the coordinated Chinese
approach to removing the USDollar from its prestigious perch?
Through global trade and its settlement, whose heart is crude oil. Watch
for further developments and events in the crude oil market. The Iran sanctions
have been a true disaster for the USGovt. It has caused a global coordinated
response to circumvent the USDollar. In the void, the Chinese Yuan currency
will enter. The Chinese have built the foundation for the Yuan to serve in
global trade settlement by virtue of numerous bilateral currency swap
agreements. These are essentially barter agreements, with their Yuan currency
at the center. Think of the Yuan as providing numerous islands from which to
connect later, as a new standard is built like a platform atop the islands. The
platform will cover the entire globe, and isolate the United States. It will
then fall into the Third World, but not be recognized for several months
afterwards.
23)
You have written in your forecasting that Germany may seek a
Eurasian alliance with Russia and China to end the Petro-Dollar
regime. Can you give us an update on your view on the currency crisis?
Step by step, the connections from Germany to the East are being made. The
nation of Germany is critical as the coordinator and center. See vast railways
and energy pipelines from Germany. No further update really. The recent deal
with China and Russia on oil delivery and payment is significant. They will not
use the USDollar. The nation of Russia is the #2 oil producer worldwide. The
Chinese bilateral swap facilities are expanding into the crude oil market,
directly in conflict with the Petro-Dollar led by the Saudis. By the way, the
Saudi regime is suddenly very unstable.
24)
What can you say about the Iran sanctions and the
reported threat that has been a mainstay in the world news? What is the real
battle going on concerning Iran?
The Iran story is almost a comedy. Iran is doing on a wider scale what
Iraq did under Saddam Hussein. Iran is selling crude oil and natural gas
outside the USDollar. So the desperate toothless USGovt claims Iran is a
terrorist nation. If terrorism is searched for, start with the USDollar and its
merchants. The Iran sanctions doubled the speed at which non-USD solutions are
being pursued. They have resulted in numerous nations approaching China to be
part of the next chapter and its trade based solution. The US has lost a great
deal of credibility with the nonsensical stated Iran threat. The bigger threat is
the USDollar.
25)
Will the USDollar decline over a long stretch
of time, or will something else occur in your opinion that results in its
demise?
Hard to tell. Right now, or at least over the last few months, all the
major currencies are showing a stable exchange rate value. That is because all
major central banks are debasing their currencies together. Call it Global QE,
as the Jackass has been calling it for several months. Therefore the gold price
is given upward pressure. Think of the major currencies circling the toilet.
However, if certain events occur, the USDollar will suddenly be isolated. Like
if the trade settlement system is put into place, the USDollar will not be
required in global banking systems to settle trade. All major currencies would then
fall in value suddenly. Conversely, the gold price will rise sharply since the
new trade payment system will be in gold denomination for stability and
security.
26)
One popular comment made by you regards Morgan
Stanley and its role in market manipulation. What is the current status on
Morgan Stanley? And what is the additional risk for extending the timeframe?
They are buying time. With a recent $48 billion deal with Citigroup,
they not only gained more cash reserves and access to funds, they extended their
reach to the millions of Citigroup private accounts. They are in talks to sell
off a business unit, likely a good one that can fetch some money. They cannot
sell dead business units. So they will weaken over time. They are buying time,
but by exposing more private accounts to potential theft. The big dead banks
are content in stripping citizens of wealth in order to continue their
dominance.
27)
What are your targets for Gold & Silver price
for short term and long term?
Short-term gold price like January 2013 of $1800-1850. Silver in that
timeframe $38-40. Neither is aggressive, since the devices are unlimited to
keep them down. Long-term like year 2016, gold at $5000 and silver at $200. All
prices per ounce.
28)
Some pro-USDollar analyst claim that since there
is no real competition for the USDollar, its role as a reserve currency will
stay for years. What do you think?
I think that analyst is a moron, or else a paid system tool.
29)
How much of the perceived USDollar strength is
derived merely from the Euro currency weakening? Will the Euro survive the
crisis in Europe?
The rising USDollar is often on the back of the falling Euro currency.
It is nothing but the theater of the Competing Currency War, a tragic comedy of
sorts. The problems of Europe are very much identical in the United States.
Both the Euro and USDollar will vanish together. The trade payment system will
be the catalyst.
30)
What would happen if Greece exited the Euro?
What would happen if suddenly Spain was forced to
leave the Euro?
Both nations are propped so as to prevent the London banks to collapse.
Actually, numerous big banks across all of Europe, including in Germany, would
collapse. An exit by Greece would make for a sudden wrecking of the big
creditor banks, which hold their debt and would suffer massive devaluations. An
exit by Spain would be five times larger in its effect. Both nations must leave
the Euro common currency union if they expect to recover. So must Italy,
Portugal, Ireland, and France. The showcase is Greece, which is burning to the
ground. They cannot devaluate their currency in order to begin recovery. The
big bankers prevent the first step to recovery. In an ugly game, the big banks
are saying that they wish for Greece to be destroyed, rather than their own big
banks. One must die, so let the debtor die in a stranglehold with handcuffs
firmly in place.
31)
How will the major fiat paper currencies fare
when a new more viable system is put in place? Will it be put in place?
The major fiat paper currencies will suddenly be made less relevant
except within their own local domestic economies. The major fiat currencies
will be forced to bid up the currency for trade in order to receive delivery at
ports. Namely, they must bid up gold and let their own paper currencies seek
their proper value, much lower. The new system will come when the current
system collapses further. China is helping the process along, with numerous
bilateral swap deals and crude oil deals. The current system becomes weaker
with each passing month. The recent QE3 decision for unlimited bond
monetization should accelerate the process to put into place the new system.
The current system is being declared a Weimar monster on the global stage,
dependent directly upon toxic vats of acidic paper.
32)
Finally could you tell us about your preferred
asset classes in the current financial storm? How much you own of precious
metals as a percentage of your portfolio?
I recommend 95% silver, 5% gold, in physical bars or coins, but not
mining stocks. Other preferable assets are farmland for those who have the
skill and experience, and energy deposits for those also with experience. Do
not focus on paper instruments with gold ore or energy backing, since the
global financial crisis is centered on paper assets. Art works and collectibles
will also be good, provided the price tags are not very high.
33)
Do you still dislike the mining stocks as a
group?
Yes, I dislike mining stocks for 20 reasons. Higher costs, difficult
deposits, heavy stock share dilution, shortage of engineer labor. Also,
powerful hedge fund and Wall Street suppression like with the Goldman Sachs GDX
fund. Also, significant new labor strikes and a new trend toward confiscation.
My expectation is that one mining stock in 20 will rise significantly, maybe
one in 10. Look for many mining stocks to be acquired by the major firms for
pennies.
34)
How do you prefer to describe the current
financial crisis? Given that it has persisted for over 4 full years, it has
gone beyond the description of crisis, correct?
It is more a global monetary war to preserve the dominance of the
USDollar and its merchants in positions of power. All paper assets are at great
risk, since they are USD-dominated for value. The US bankers will possibly
cause a world war in order to escape the responsibility for bond fraud and
dollar counterfeit in legal prosecution. The US bankers will possibly cause a
world war in order to preserve their power. Your personal ruin is a small price
to pay to preserve their lifestyle of privilege and luxury without work, and to
preserve their power base.
35)
What is your view of the US elections coming
in November?
Romney should win, if a fair election. But the pieces are in place to
rig the election and steal a victory for Obama. His masters in the US
Intelligence agencies are in charge of the vote count. Their methods to create
a fraudulent victory are better known this time around.
36)
Any special items to look for when monitoring
the elections?
Look for vast discrepancies again between the Exit Polls and the
precinct level final votes. In 2004 and 2008, discrepancies occurred in Florida
and Ohio, evidence of vote rigging and vote count fraud. Look for Virginia to
join the list of so-called swing states to be subjected to vote fraud. The
clear signal is the mismatch between the Exit Polls and final precinct
(district) votes. Historically the correlation between the two has been over
90%. In the last two elections they showed a negative correlation.
37)
Is the integrity of the US presidential
election much different from the tainted election of Chavez in Venezuela?
Not very different in my view. The United States uses methods that are
more hidden. The Chavez methods are more in full view.
Thanks for this great opportunity,
Jim.
domingo, 28 de octubre de 2012
the German Gold - Manipulation
Guys . I am recommending these links about the GERMAN-GOLD-SCANDAL.
Please read it. why so much secrecy around gold? why the highly respected Bundesbank is not auditing properly its gold . Too much secrecy.
links:
http://www.zerohedge.com/news/2012-10-24/why-did-bundesbank-secretly-withdraw-two-thirds-its-london-gold
http://www.godlikeproductions.com/forum1/message2028245/pg1
http://www.gata.org/node/11863
http://sherriequestioningall.blogspot.com.ar/2012/10/germany-parliament-denied-access-to.html
Please read it. why so much secrecy around gold? why the highly respected Bundesbank is not auditing properly its gold . Too much secrecy.
links:
http://www.zerohedge.com/news/2012-10-24/why-did-bundesbank-secretly-withdraw-two-thirds-its-london-gold
http://www.godlikeproductions.com/forum1/message2028245/pg1
http://www.gata.org/node/11863
http://sherriequestioningall.blogspot.com.ar/2012/10/germany-parliament-denied-access-to.html
Some Follow-Up Questions For The Bundesbank, And Its Gold
http://www.zerohedge.com/news/2012-10-28/some-follow-questions-bundesbank-and-its-goldsábado, 6 de octubre de 2012
Bacteria that SHITS GOLD:CALLING ALL CHEMISTRYTARDS AND GOLDTARDS NOW. Will bacteria destroy gold market or a trick at key resistance price?
ods I need to get this pinned.
I am calling all chemistrytards and goldtards to discuss the pimpact of the Cupriavidus metallidurans on gold market.
Should goldtards panic?
Is it just a trick of the cartel
is it just a psy-op to take down the gold price next monday?
Is this real and the great secret of alchemy is here?
is it not relevant?
is it too difficult for industrial scale and won´t impact the gold market?
calling all goldtards and chemistrytards .
I need answers guys.
thread and poll here:
http://www.godlikeproductions.com/forum1/message2009935/pg1#33769946
jueves, 4 de octubre de 2012
GOLD ABOVE 1800$ means hello 2000$
Guys this is big .
The cartel dropped lots of silver paper . Looks like they are trapped. can´t get silver below 35. we are again around these levels.
if silver goes above 36, then say hi to 50
and say hi to 1900$ gold. After that is the 80's record high adjusted by inflation .
domingo, 23 de septiembre de 2012
Cartel Dumped 2x Annual US Silver Production on Market in 15 Min to Smash Silver Under $35
After silver exploded through $35 on this today’s COMEX open, we wrote this morning that should silver hold $35 through today’s weekly close, the metal would quickly run to $37-$37.50 early next week as a massive short squeeze developed.
The cartel understood the predicament they were in, and responded with a massive paper dump on the market to stuff price back below $35.
Between 10:35 and 10:50am EST, an astonishing 62.5 million ounces of paper silver were indiscriminately dumped on the market to induce the sell-off- nearly twice US annual silver production of 36 million ounces!!
Must. Not. Allow. Silver. To. Close. Over. $35.
Perhaps there is something to those rumors of JP Morgan silver derivatives losses triggered with silver over $36?
source:
http://www.silverdoctors.com/cartel-dumped-2x-annual-us-silver-production-on-market-in-15-min-to-smash-silver-under-35/
domingo, 16 de septiembre de 2012
GOLD 2000 SILVER 55 by 2013
Guys, this is Strongman for a silver update.
What Bernanke, Draghi and the german courts are saying is this:
" we don´t care about the laws, we stand for more money printing to save globalization".
this is it.
They are going to print more and more to infinity.
Sinclair is right again.
gold to 2000 U$S and silver to 55$ next stop
Strongman out
miércoles, 12 de septiembre de 2012
A silvertard post made at Godlikeproductions.com
Crash Alert
The big news today and tomorrow is not the Fed meeting. I have received calls and e-mails asking what I thought the Fed would do. I have had others pontificating that the Dollar would do this or Gold do that in the aftermath. Who cares? I mean really, WHO CARES? We already know that mathematically the Dollar is a dead entity. We already know how this will end financially, so were Gold to drop or explode (actually, should the Dollar do this since an ounce today is still the same ounce tomorrow), what difference does it make?
The Fed is in a box no matter what they say or do. They will be forced to QE in the form of buying any and all Treasury securities that are offered and not purchased by the market place (our creditors). This is an absolute...
...Folks, what we are in for is worse than ugly. The financial system is in the process of going upside down, “the state” everywhere is preparing for this through control of everything and the makings of a war over religion could ignite at any moment for any reason no matter how small. I do not often and have only 3 times in the last 5+ years issued a “crash alert” but we are there again. We are spinning out of control and the “handlers” have too many balls juggled up in the air at one time, make sure that whatever preparations you plan to make…are completed by the weekend.
[link to blog.milesfranklin.com]
-----------------------------------------------------------------------------
Citi: If NEW QE, Then Buy Gold
CITI: ..."the risk that the assets that will benefit are those sensitive to liquidity, such as money substitutes and Treasuries, rather than assets that are sensitive to real business cycle expansion."
Citi has finally figured out that the Fed will be unable to herd cats and instead of investors positioning to buy the assets that the Fed demands they should buy, i.e., stocks with a 100X P/E, a far simpler trade will be the one that has worked for years - to simply frontrun the Fed in what it will buy, as explained here months ago, when we showed why the performance of the long-bond has surpassed that of the S&P by a factor of almost 200%.
Second, and more importantly, let's recall that "money substitutes" = gold [silver]. So... Citi basically said that tomorrow Ben Bernanke is about to (again) become a goldbug's best friend.
[link to www.zerohedge.com]
source:
http://www.godlikeproductions.com/forum1/message1986455/pg1
lunes, 10 de septiembre de 2012
Jeff Christian: No QE3 Coming, Gold & Silver to Crash As Rally Has Been Based on ‘Speculative Fluff’
Guys for the contrarian anti silver readers, here is your piece.... we are all waiting to Bernanke, right?
When The Vampire Squid and the Morgue both advised their muppets (clients) over the weekend that QE3 is a done deal for this week many rightly took it as a contrarian sign that The Bernank will majorly disappoint Thursday.
We now have contrasting contrarian indicators however, as the CPM Group’s Jeffrey Christian was back on BNN today, claiming that there is zero chance the Fed will announce further ‘real’ easing until December at the earliest, that he expects gold to imminently crash to $1550.
Christian states he is advising clients to buy puts on gold and gold equities and SLV ahead of Thursday’s Fed announcement and states that silver has rallied 20% over the past month and a half ‘purely on speculative fluff‘.
So the question is who is the greater Contrarian indicator…the JP Morgan/ Goldman Sachs combination, or Jeffrey Charlatan…er…Christian?
Watch Christian’s full interview at BNN after the jump:
source:
http://www.silverdoctors.com/jeff-christian/
When The Vampire Squid and the Morgue both advised their muppets (clients) over the weekend that QE3 is a done deal for this week many rightly took it as a contrarian sign that The Bernank will majorly disappoint Thursday.
We now have contrasting contrarian indicators however, as the CPM Group’s Jeffrey Christian was back on BNN today, claiming that there is zero chance the Fed will announce further ‘real’ easing until December at the earliest, that he expects gold to imminently crash to $1550.
Christian states he is advising clients to buy puts on gold and gold equities and SLV ahead of Thursday’s Fed announcement and states that silver has rallied 20% over the past month and a half ‘purely on speculative fluff‘.
So the question is who is the greater Contrarian indicator…the JP Morgan/ Goldman Sachs combination, or Jeffrey Charlatan…er…Christian?
Watch Christian’s full interview at BNN after the jump:
source:
http://www.silverdoctors.com/jeff-christian/
viernes, 31 de agosto de 2012
Gold Soars To Near Six Month High As Silver Overtakes Stocks In 2012
A very noisy gappy day with much larger volume than in recent days
(which all dried up in the afternoon session until the close - for the
heaviest volume day in a month) in US equities. European comments lifted
us early in a correlated-risk-on manner until Bernanke's speech which
hit markets like a meteor - stops were run up and down - but by the
close equities and the USD
ended fractionally lower from pre-Ben (notably up on the day to save the
month for the Dow), Gold considerably up from pre-Ben, Treasury yields
down notably from pre-Ben. Near six-month highs in Gold and five-month highs in Silver were the real movers today - with their largest gains in two months.
VIX ended marginally lower at 17.5% (-0.3vols); credit was very thin
today and tracked stocks in general (though less volatile); USD ended
the week -0.5% which matches Oil's +0.5% on the week as Copper
underperformed. Silver has overtaken Stocks as the Year-to-date winner once again...
Gold vs Stocks vs USD vs Treasury yields... (arrows from pre-Ben to close)...7Y closed under 1%
more:
http://www.zerohedge.com/news/gold-soars-near-six-month-high-silver-overtakes-stocks-2012
Gold vs Stocks vs USD vs Treasury yields... (arrows from pre-Ben to close)...7Y closed under 1%
more:
http://www.zerohedge.com/news/gold-soars-near-six-month-high-silver-overtakes-stocks-2012
domingo, 26 de agosto de 2012
CHINESE ANNOUNCES 1.2 TRILLION U$S STIMULUS! SILVERTARDS, WE RIDE!
China has announced a total of 8 trillion yuan (£800bn) of "stimulus projects" to try to boost confidence in an economy that appears to be cooling faster than expected.
One Chinese province after another has stepped forward over the last fortnight
to announce their plans, in what appears to be a propaganda effort to
reassure the public that the economy is still on track.
Meanwhile, Wen Jiabao, the Chinese premier, promised over the weekend that the
Chinese government would intensify its efforts to boost the economy in the
second half of the year.
On a visit to Guangdong, the heartland of China's export industry, Mr Wen
warned that "there will still be a lot of problems and uncertainties in
exports going forward. The third quarter is a crucial period".
Analysts said the government could now steer the value of the yuan lower,
after a gain of 4.7pc last year against the dollar. Further export tax
rebates could also be used to bail out manufacturers.
China's export sector is suffering from anaemic demand from Europe and the
United States. In the first seven months, exports rose 7.8pc, while imports
rose 6.4pc, leaving China in danger of missing its 10pc target for trade
growth this year. July's
exports grew at the lowest pace since 2009 and there are reports of
factory workers leaving and returning to their home provinces for the first
time since the financial crisis.
http://www.telegraph.co.uk/finance/china-business/9500548/China-announces-800bn-stimulus-to-boost-confidence.html
miércoles, 22 de agosto de 2012
U.S. silver output plunges between January and May-U.S.G.S.
The temporary closure of Hecla's Lucky Friday Mine, complicated by
ground support rehabilitation work at the company's Greens Creek Mine,
negatively impacted U.S. silver production earlier this year
Author: Dorothy Kosich
Posted: Wednesday , 22 Aug 2012
RENO (MINEWEB) -
UPDATED: The U.S. Geological Survey reported Tuesday that U.S. silver production dropped 14% in May.
U.S. mines produced 84,900 kilograms of silver (2,729,600 troy ounces) in May 2012, a 14% drop from the 99,300 kg (3,192,570 ounces) of silver output reported during May 2011. The average daily production rate in May of this year was 2,740 kg (88,903 oz.).
The average Handy and Harman silver price for May was $29.79 per ounce, a 22% drop from the previous year. The average London spot price for May was $28.67 per ounce.
Coeur d'Alene Mines produced 151 metric tons in the first quarter of 2012, up 19% from the same period a year. Hecla Mining's first quarter silver production of 41 tonnes plunged 46% from the first quarter of last year. U.S. Silver Corp. produced 17 tonnes of silver during the same period, an 11% increase compared with the 15 tonnes of silver mined in the first quarter of 2011.
Domestic silver production for the period from January to May of this year totaled 411,000 kg (13,214,000 oz.).
U.S. Geological Survey figures show the United States imported 2.4 million kg (77,161,800 oz.) of silver with a value of $2.58 billion from January to May of this year. The U.S. imported silver bullion, silver dore, silver ores and concentrates, and silver ash and residues from Argentina, Belgium, Canada, Chile, Columbia, the Dominican Republic, Ecuador, Italy, Jamaica, Mexico, Morocco, Nicaragua, Panama and Peru.
source:
http://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=157430&sn=Detail
U.S. silver output plunges between January and May-U.S.G.S.
The temporary closure
of Hecla's Lucky Friday Mine, complicated by ground support
rehabilitation work at the company's Greens Creek Mine, negatively
impacted U.S. silver production earlier this year.
RELATED STORIES
Posted: Wednesday , 22 Aug 2012
RENO (MINEWEB) -
UPDATED: The U.S. Geological Survey reported Tuesday that U.S. silver production dropped 14% in May.
U.S. mines produced 84,900 kilograms of silver (2,729,600 troy ounces) in May 2012, a 14% drop from the 99,300 kg (3,192,570 ounces) of silver output reported during May 2011. The average daily production rate in May of this year was 2,740 kg (88,903 oz.).
The average Handy and Harman silver price for May was $29.79 per ounce, a 22% drop from the previous year. The average London spot price for May was $28.67 per ounce.
Coeur d'Alene Mines produced 151 metric tons in the first quarter of 2012, up 19% from the same period a year. Hecla Mining's first quarter silver production of 41 tonnes plunged 46% from the first quarter of last year. U.S. Silver Corp. produced 17 tonnes of silver during the same period, an 11% increase compared with the 15 tonnes of silver mined in the first quarter of 2011.
Domestic silver production for the period from January to May of this year totaled 411,000 kg (13,214,000 oz.).
U.S. Geological Survey figures show the United States imported 2.4 million kg (77,161,800 oz.) of silver with a value of $2.58 billion from January to May of this year. The U.S. imported silver bullion, silver dore, silver ores and concentrates, and silver ash and residues from Argentina, Belgium, Canada, Chile, Columbia, the Dominican Republic, Ecuador, Italy, Jamaica, Mexico, Morocco, Nicaragua, Panama and Peru.
source:
http://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=157430&sn=Detail
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