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David Morgan: Aliens Want Your Silver
John Xenakis: How The Dominoes Will Fall
Alcoa May Explode 50% As Uncertainty Lingers For Century
5 Dividend-Producing Precious Metals Stocks For Income Investors
Fractal Gold Projection of $3,500 into Mid-year Intact
Gold And Silver Smashed…Nobody Really Knows What Lies Ahead
Why Gold & Why Now?
A single seller drove gold down as Bernanke testified
Cartel Dumps 225 Million Ounces of Paper Silver Over 30 Minutes As Gold, Silver Raided
Gold Plunges Over $100; Some Blame Bernanke; What Did He Say? Nothing
John Taylor: Totally Uncontrollable Inflation Ahead
WATCH: David Morgan on the Silver Slam
A Single Large Seller Smashed the Gold Market Yesterday
CME Group, Bank of China to start settling commodity trades in yuan
Mining stocks – Still on the runway
Gold and Silver Plunge – Called “Intervention”, “Window Dressing”…
Bullion Shakedown Stampedes the Ignorant
Greek Economy Suffers Record Collapse In February
Morning Outlook from the Trade Desk 03/01/12
ECB: gold and gold receivables remain unchanged
Suspects nabbed in violent taking of rare coins
Thinking about borrowing against 401(k) to invest in PM IRA
This unusual gold developmentcould signal the death of paper currencies
Plunge Called 'Temporary Smash' & 'Paper Fiasco'
WILL IT EVER CORRECT?
Fall Creates a Window of Opportunity for Potential Buyers
Gold And Silver Price Smack Down
Bear Raid Marks First Notice Day For Comex Silver
Another Drive-By Shooting From 'da Boyz'
Three King World News Blogs/Interviews

Posted: 01 Mar 2012 06:37 AM PST

David Morgan sits down and gives us an excellent post-mortem of the Leap Day Metals Massacre. And no it wasn't little green aliens who have a fetish for the shiny metal, who drove the price down. Rather it was the usual suspects, flooding the markets with sell orders, leading to large losses for the day. It is indisputable that the paper silver and gold markets are dominated by certain non-profit sellers, who's main mission is to make the reserve currency look good. For that reason, when the traders see this series of events occurring, they will either step aside and wait until it's safe to go outside again, or they will pile on and extract easy profits.

That's why physical metals purchasers must buy on dips. They come often and with volatility on the rise, they will keep coming. Therefore, just be aware that prices will remain in a constant state of flux until a new economic system replaces the current failing one. There's really no other way for the individual to protect himself, except by staying out of the cross-fire. Keep your head down and your metals safe.

Much more @ KerryLutz.com or @ 347.460.LUTZ

John Xenakis: How The Dominoes Will Fall

Posted: 01 Mar 2012 06:36 AM PST

John J Xenakis (Generational Dynamics) and I (Warren Edward Pollock) have a synergistic debate-discussion on current events and future trends. We do agree that Helicopter Ben continue to pursue a policy of economic mass destruction. We talk about selective justice, retirement prospects and risks, deflation and inflation, gold, the DOW. We debate and explore how the dominos are going to fall in this breakdown crisis – economic crisis – generational crisis.

from WEPollock:

~TVR

Alcoa May Explode 50% As Uncertainty Lingers For Century

Posted: 01 Mar 2012 05:46 AM PST

By Takeover Analyst:

Despite macro uncertainty, aluminum producers Alcoa (AA) and Century Aluminum (CENX) have soared right past the bears, gaining 17.6% and 15.3%, respectively. Based on my review of the fundamentals and multiples analysis, I find room for significant upside especially in the context of industry-wide consolidation.

From a multiples perspective, Alcoa is attractive. It trades at 19.2x past earnings but only 10.6x forward earnings. Century trades at 35.1x forward earnings off of expectations for dramatic bottom-line growth as operations reboot. In my view, one of these two companies will consider taking over Ormet Corp (ORMT.PK), which trades at only 0.9x past earnings. Ormet was once a billion dollar company and has the potential, as well as the fundamentals, to significantly gain back value.

At the fourth quarter earnings call, Century's management expressed uncertainty that has been reflected in plant challenges:

"I guess, I could just suffice to say in summary now

Complete Story »

5 Dividend-Producing Precious Metals Stocks For Income Investors

Posted: 01 Mar 2012 05:42 AM PST

By Stock Croc:

As the United States debt escalates upward, inching ever closer to 100 percent of the country's GDP, we are continuing to see some fairly unstable markets - both state side and abroad. Due to this, over the past few years, we've seen an enormous run-up in the price of gold - and it is likely to continue for some time.

In this article, I analyze five great opportunities for income seeking investors in precious metals stocks - primarily those that are involved in gold. These companies all have strong market positions along with positive earnings outlooks and good dividend payout ratios. I will explain why these companies should be considered for anyone who is taking a good look at the precious metals sector to either add to or diversify their overall portfolio.

Freeport-McMoRan Copper and Gold, Inc. (FCX) is involved in the mining, exploration and production of mineral resources, with

Complete Story »

Fractal Gold Projection of $3,500 into Mid-year Intact

Posted: 01 Mar 2012 05:34 AM PST

The leading edge of the time-frame begins in May and extends out for a few months. This writing is going out after the sharp reaction in gold and silver on Wednesday. This reaction changes nothing important in terms of the underlying fundamentals or the technical picture.

Gold And Silver Smashed…Nobody Really Knows What Lies Ahead

Posted: 01 Mar 2012 05:10 AM PST

The fundamental View

Why Gold & Why Now?

Posted: 01 Mar 2012 04:56 AM PST

A single seller drove gold down as Bernanke testified

Posted: 01 Mar 2012 04:48 AM PST

Cartel Dumps 225 Million Ounces of Paper Silver Over 30 Minutes As Gold, Silver Raided

Posted: 01 Mar 2012 04:34 AM PST

Gold Plunges Over $100; Some Blame Bernanke; What Did He Say? Nothing

Posted: 01 Mar 2012 04:18 AM PST

John Taylor: Totally Uncontrollable Inflation Ahead

Posted: 01 Mar 2012 04:16 AM PST

John Taylor Warns Of A "Highly Disastrous, Totally Uncontrollable Inflationary Conflagration"

from ZeroHedge:

A must read from FX Concept's John Taylor for anyone who has been following the global central bank's exponential balance sheet expansion over the past several months.

Forest Fires
March 1, 2012
By John R. Taylor, Jr.
Chief Investment Officer

During the past few years, the activist strain of central banking has spread around the world like wildfire, but the impact of this change on the future course of the global economy is very unclear. The number of countries involved now covers the developed world, the multitude of interventions in the financial market has expanded dramatically, and the amounts involved are exponentially higher than they were in 1979 when the Chrysler bailout began the process. Back then, the US Treasury guaranteed a $1.5 billion loan to the automaker, but the government demanded and received $2 billion in concessions from labor, the company, and other stakeholders. The star-crossed team of Treasury Secretary G. William Miller and President Jimmy Carter fell to Lee Iacocca's political pressure 15 months before the 1980 election. This outcome differed dramatically from that of the Penn Central collapse, nine years before, as Congress had turned down its bailout request. By the mid-1980's, the Chrysler rescue was seen as a great success, while everyone knew that the Penn Central refusal ended as a black hole, with many billions poured into Conrail and Amtrak just to keep the trains running.

Read More @ ZeroHedge.com

Morning Outlook from the Trade Desk 03/01/12

Posted: 01 Mar 2012 12:40 AM PST

I have been asked to comment on what happened today. Short answer more sellers than buyers. Sorry, I'm a little punchy from lack of sleep.

I had some reservations this morning when silver hit the $37.20 ish range. This was a major resistance point and generally I ( which I did, you can ask JD) sell at resistance levels. I re-enterred the trade at $34.50, which now looks vulnerable, but I see the following:

The drop occurred when the Fed chief Bernanke failed to give an outright endorsement to further quantitative easing following a better than expected GDP number in the fourth quarter. But look at the facts:

Europe just issued another $700 billion Euros in liquidity.
This is an election year: any softening of the numbers and I guarantee you the Fed will step in with more easing
Interest rates at zero for maybe another two years.

The final up leg in metals has not yet been manifested

The extent of the move was so severe because most trading today is done by computers. Once certain levels are hit they place trades. Since most computers are synced similarly, when a sell stop is triggered it activates stops in other systems. To my short answer: every computer selling , no computer buying , silver drops $4. Unfortunately, many people may now get margin calls, which may create another down day.

The catalysts for strength in metals over the past few years are still in place. Unfortunately, we now need to re-build the steps and wait a little longer for the consumer to re-enter.

If I knew for sure I would be one of those guru guys that I hear about...

Morning update:

Gold back over $1,700. I still believe the markets misinterpreted Bernanke and as Jon Nadler pointed out, some genius thought they could unload 1 million ounces and discovered to his dismay the bids where not there. Until global governments bite the bullet, global money supply growth will continue to accelerate which has always led to an inflationary event.

A friend sent me an article outlining Wyoming's desire to own its own aircraft carrier. Now that's a target market for metals if I have ever seen one.

ECB: gold and gold receivables remain unchanged

Posted: 01 Mar 2012 12:40 AM PST

Suspects nabbed in violent taking of rare coins

Posted: 01 Mar 2012 12:28 AM PST

http://washingtonexaminer.com/local/...e-coins/324041

Two men have been arrested in the home invasion burglary of a Northwest Washington man who was pistol-whipped, tied up and robbed of cash and rare coins, police said.

D.C. police charged Dorsey Lynch, 42, of Burke, and Knycoe Minor, 28, of the District, with first-degree burglary while armed, a crime that carries a sentence of as much as 30 years in prison if convicted.

According to charging documents:

Lynch and a woman went to the home in the 1600 block of Irving Street NW in Mount Pleasant on Dec. 17 under the auspices of buying some marijuana. Lynch had purchased pot at the residence in the past.

Within a manner of minutes of their arrival on the 17th, though, Lynch pulled out a black handgun and demanded that the victim tell him where the money and drugs were located.

Lynch struck the man in the head with the handgun, and then let Minor into the home.

Thinking about borrowing against 401(k) to invest in PM IRA

Posted: 01 Mar 2012 12:09 AM PST

DH has a 401(k) with EXTREMELY limited investment options. It's currently in an international index which is was down last year and improved a little this year. Essentially it's been sideways for about two years.

We're considering taking a general purpose loan out of it (pay interest to yourself as you pay it back, currently at 1.5%). We'd take the money and dump it into his and hers physical precious metals IRAs through Sterling Trust.

The job is secure, so we're not worried about having to repay suddenly because of job termination.

Especially with yesterday's dump in PMs I want to pull the trigger....should I?

This unusual gold developmentcould signal the death of paper currencies

Posted: 29 Feb 2012 11:57 PM PST

From Keith Weiner, Contributing Editor, Casey Research:

Worldwide, an incredible tower of debt has been under construction since President Nixon's 1971 default on the gold obligations of the U.S. government. His decree severed the redeemability of the dollar for gold and thus eliminated the extinguisher of debt. Debt has been growing exponentially everywhere since then. Debt is backed with debt, based on debt, dependent on debt and leveraged with yet more debt. For example, today it is possible to buy a bond (i.e., lend money) on margin (i.e., with borrowed money).

The time is now fast approaching when all debt will be defaulted on. In our perverse monetary system, one party's debt is another's "money." A debtor's default will impact the creditor (who is usually also a debtor to yet other creditors), causing him to default, and so on. When this begins in earnest, it will wipe out the banking system and thus everyone's "money." The paper currencies will not survive this. We are seeing the early edges of it now in the euro, and it's anyone's guess when it will happen in Japan, though it seems long overdue already. Last of all, it will come to the USA.

The purpose of this article is to present the early-warning signal and explain the actual mechanism to these events. Contrary to popular belief, it will not happen because the central banks increase the quantity of money to infinity. The money supply may even be contracting (which is what I expect)...

Read full article...

More on gold:

Top strategist Williams: The No. 1 reason to own gold today

Gold guru Turk: "Something big is about to happen" in gold and silver

Top resource firm Sprott: "Every segment of the gold stock market is very cheap today"

Plunge Called 'Temporary Smash' & 'Paper Fiasco'

Posted: 29 Feb 2012 11:47 PM PST

Spot gold has risen more than 1% today after the sharp drop yesterday as Asian jewelers, traders and investors rushed to take advantage of attractive prices. Gold in Europe remains near the highs seen in Asian trade and is now trading at $ 1,718.38/oz.

WILL IT EVER CORRECT?

Posted: 29 Feb 2012 11:21 PM PST

That seems to be the question that everyone has been asking themselves for two months now. Analysts have been trying to pick a top in this market for weeks. All the while I've been telling, actually begging, people not to sell short. Until the dollar puts in an intermediate bottom there is just little chance that the stock market is going to suffer any meaningful correction.

There was the possibility that occurred in early February as the dollar rallied enough to form a weekly swing. However that rally quickly failed and rolled over into another left translated cycle. That gave the market enough impetus to push through the July and May 2011 highs.

Yesterday the dollar printed a strong reversal which again has the possibility of marking a daily and intermediate degree bottom. If it does then we are about to embark on the upside of another intermediate cycle, and that is one essential event that absolutely must transpire before the stock market can correct.

We will need to wait for a weekly swing and a penetration of the intermediate downtrend line before we have confirmation that a major bottom has formed.

If the dollar has indeed formed an intermediate bottom then gold probably formed an A-wave top yesterday. It did confirm a left translated and failed daily cycle, which more often than not means that an intermediate degree decline has begun.

As this is only the ninth week in the current intermediate cycle, that would imply that gold should drift generally south for the next 8 to 10 weeks as the B-Wave decline runs its course.

I expect this will continue to unfold as a volatile whipsawing nightmare. Welcome to life after a C-wave top.

The unfortunate truth is that as long as the dollar continues to rally out of its three year cycle low trading conditions are going to remain difficult.

It's unlikely we will see any sustained trends until the dollar gets back on the downside of the next intermediate cycle. Or if this intermediate cycle still has further to decline we may see a continued grind higher by the stock market. However it is so late in the intermediate cycle and the markets are so stretched above the 200 day moving average that it's just not safe to play the long side any further.

This posting includes an audio/video/photo media file: Download Now

Fall Creates a Window of Opportunity for Potential Buyers

Posted: 29 Feb 2012 11:21 PM PST

A reported 31-tonne sell order on the CME rocked gold which saw prices collapse from a high of $1,790 in London hours to $1,703 during NY trading, followed by a further dip to the low of $1,687 in out of hours electronic trading.

Gold And Silver Price Smack Down

Posted: 29 Feb 2012 10:51 PM PST

from GoldMoney.com:

Downward plot line $37.48 was yesterday's silver price high, followed by a plummet down to a low of $34.06 – recovering slightly to just under $35. The story was the same in gold, with a dramatic $100 smack down in the price in late morning trading at the New York Comex. Ostensibly, the reasons for this sharp price drop in precious metals (platinum and palladium experienced similar losses) and commodities more generally were comments from Federal Reserve Chairman Ben Bernanke, who sounded a note of cautious optimism about the US economy during testimony to the House of Representatives Financial Services Committee yesterday.

Bernanke noted that the drop in unemployment to 8.3% in January had "been somewhat more rapid than might have been expected, given the economy appears to have been growing during that time frame at or below its long-term trend". However, he commented that the economy "is not growing at a fast enough clip to justify any immediate change in our accommodative monetary policy." The part the media seem to have focused on though, is the absence of any "QE3" indicators – the Fed chairman commenting that "any change to it (current monetary policy) at the present time is not warranted."

¤ Yesterday in Gold and Silver

In Far East and early London trading yesterday, both attempts by gold to break above the $1,790 spot price...and head for $1,800...got sold off immediately. By the time that the Comex opened in New York on Wednesday morning, the gold price was basically unchanged from Tuesday's close...and this state of affairs lasted until the London p.m. gold fix at 10:00 a.m. Eastern time...3:00 p.m. in London.

Then the hammer fell, as the engineered price smash began. Sell stops were hit at various strike prices...and 'da boyz' pulled their bids along the way. This happened at five separate times. The last of those engineered price declines came at 3:30 p.m. Eastern in the very thinly traded New York Access Market, which took out the leveraged longs at the $1,700 strike price.

The gold price pretty much traded sideways from there. Gold closed at $1,696.70 spot...down a whopping $87.20 on the day. Net volume was off the charts at 320,000 contracts. Gold's intraday price swing in New York was an eye-watering $101.60.

But, as always, silver was the metal 'da boyz' were really after...and they got it good. The silver spent most of the Far East and London trading day a respectable amount above the $37.00 spot mark. Then, around 9:30 a.m. Eastern time, silver rallied about 50 cents right up until the London p.m. gold fix thirty minutes later...and the rest, as they say, is history.

Silver's intraday price move was $3.94...which works out to a decline of 10.7% from it's high of the day, which was $37.62 spot. In a 15-minute interval between about 11:16 a.m. and 11:31 a.m. in New York..the silver price 'fell' about $2.25 cents...as the sell stops got hit...and the Commercial traders collusively pulled their bids.

Silver closed at $34.60 spot...down $2.29 from Tuesday's close. Net volume was a hair over 100,000 contracts...about the biggest one day volume number that I can remember.

Of course both platinum and palladium got it in the neck as well, but they were spared the big losses. Platinum was down 2.33%...and palladium was down 2.50%. As a comparison, Kitco showed gold down 4.89%...and silver down 6.20%. Copper traded over a wide range...but finished the day only down 3 cents a pound. Crude oil finished a up a hair.

You pretty much have to be brain dead not to see that this engineered price decline was precious metals specific...and deliberate.

The dollar index continued its decline up until 1:00 p.m. Hong Kong time in their afternoon yesterday, but by around 11:40 a.m. in London, the index rallied a bit, only to roll over and retest the Hong Kong low at 9:45 a.m. in New York...which was about 15 minutes before JPMorgan et al pulled the plug on the precious metals.

From that New York low, the dollar index went on a 75 basis point rally that ended at precisely 3:30 p.m. Eastern time. From that high, the index sold off a hair and basically traded sideways into the close...gaining about 55 basis points on the day.

That 3:30 p.m. high tick proved to the beginning of the last take-down in the gold and silver prices during the New York Access Market...and it nearly goes without saying that such a minor rise in the dollar index certainly didn't account for much of the intraday move in the precious metals in New York yesterday.

Of course the gold stocks got hit...with virtually all the day's losses coming by 11:45 a.m. Eastern time. Then, from that point on, no matter how poorly the gold price itself performed, the stocks basically moved sideways from there. One has to wonder who was scooping up those shares during the rest of the trading day. The HUI finished about a percent off its low...down 3.41% on the day. It could have been worse.

The silver shares got hit pretty hard as well but, like the gold stocks, it could have been worse. Nick Laird's Silver Sentiment Index closed down 4.34%...erasing all of Tuesday's gains...and that was all. As I said, it could have been worse...much worse.

(Click on image to enlarge)

The CME's Daily Delivery Report for the second day of the March delivery month showed that 81 gold and 247 silver contracts were posted for delivery on Friday. In silver, the big short/issuer was Barclays with 235 contracts issued. The biggest long/stopper was Goldman Sachs with 110 contracts. The rest of the 'usual suspects' were present, but not in a big way. The link to yesterday's Issuers and Stoppers Report is here.

Despite the blood in the streets in gold and silver yesterday, both ETFs had metal added to their respective stockpiles. In GLD it was a very chunky 291,500 ounce of gold...and in SLV it was 777,235 troy ounces. I'll be watching with great interest to see how much metal is removed from both these ETFs after yesterday's price shenanigans.

There was a tiny sales report from the U.S. Mint to end the month of February. They sold 1,000 ounces of gold eagles...and 30,000 silver eagles. For the month of February, the mint reported selling 21,000 ounces of gold eagles...7,000 one-ounce 24K gold buffaloes...and 1,490,000 silver eagles. All in all, not a very impressive performance when measured against January.

It was a pretty quiet day over at the Comex-approved depositories on Tuesday, as they received 375,616 troy ounces of silver...and shipped a very tiny 9,978 ounce out the door. The link to that action is here.

Silver analyst Ted Butler had his mid-week commentary to his paying subscribers yesterday...and here are two free paragraphs containing his thoughts on Wednesday's price action.

"Exactly when the crooks will strike is always an open question. Sometimes, it's on a Sunday evening when no one is around, other times it's in broad daylight with an attempted cover story of comments from a Fed chairman. It doesn't matter, as it's always the same at the core – an artificial market move caused by a concentrated short position and a collusive group of speculators (called commercials) waiting like jackals to pounce by surprise."

"Also as always, the COT structure analysis explains in advance these big price drops. I am not suggesting, for an instant, that the COT structure predicted today's smash, but it certainly explained it. The few comments I have received so far on this drop suggest to me that more see the reason for this smash than ever before. And while I don't intend to get into the short term price prediction business, I find the very heavy volume in gold and silver today as healthy and suggestive that many recent participants to the long side were quick to sell and run. The fear of getting caught in a ten dollar price smash [in silver] is still vivid in many minds, as the memories of 2011 still loom large. Of course, if many sell quickly, then subsequent selling pressure will abate."

Washington state reader S.A. sent me the graph below, which he obviously lifted from an article at zerohedge.com.

I have the usual number of stories, so I hope you have time to plough through them.

Actually, I did see it coming...and said so yesterday...but wasn't expecting it the very same day!

Desperate Central Banks Intervene in the Gold Market: Jean-Marie Eveillard. Gold and Silver Smash Temporary, Oil to Super-Spike: John Embry. To end the Fed, Paul will have to start questioning it.

¤ Critical Reads

Stockton, California Teeters on Brink of Bankruptcy

The signs of better times are easy to spot downtown: the picturesque marina on the San Joaquin Delta, the gleaming waterfront sports arena, and the handsome high-rise that was meant to house a new city hall. But those symbols are now bitter reminders of how bad things are here today: on Tuesday this city of almost 300,000 moved a step closer to becoming the nation's largest city to declare bankruptcy.

During a contentious meeting that stretched late into the night, the City Council decided, nearly unanimously, to begin mediation with public employee unions and major bond creditors in what is widely seen as the city's last-ditch attempt to restructure its finances outside of bankruptcy. Facing a budget deficit from $20 million to $38 million on a budget of roughly $165 million, the Council declared a fiscal emergency for the third year in a row.

This story appeared in The New York Times yesterday...and I thank reader Phil Barlett for sending it. The link is here.

View full GSD edition

Durable Goods Orders in U.S. Drop 4%, Marking Worst Decline in Three Years

Orders for U.S. durable goods fell in January by the most in three years, led by a slowdown in demand for commercial aircraft and business equipment.

Bookings for goods meant to last at least three years slumped 4 percent, more than forecast, after a revised 3.2 percent gain the prior month, data from the Commerce Department showed today in Washington. Economists projected a 1 percent decline, according to the median forecast in a Bloomberg News survey.

Last month's decrease in capital goods orders extends a pattern of declines early in a quarter that are typically reversed later. Demand for non-military capital goods like computers, engines and communications gear have dropped in the first month of a quarter in all but three instances since the end of 2005.

This Bloomberg story from Tuesday was something I plucked from yesterday's King Report...and the link is here.

View full GSD edition

Home prices fell in December in most US cities

Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices.

The Standard & Poor's/Case-Shiller home-price index shows prices dropped in December from November in 18 of the 20 cities tracked. The steepest declines were in Atlanta, Chicago and Detroit. Miami and Phoenix were the only cities to show an increase.

Nationwide, prices have fallen 34 percent since the housing bust, and are now back to 2002 levels. A gauge of quarterly national prices, which covers 70 percent of U.S. homes, fell to its lowest point on records dating back to 1987 after being adjusted for inflation.

Back in January of 2007 I said that we probably wouldn't see the bottom of the U.S. real estate market until sometime in 2013. We'll see how close I am. This AP story was picked up by the finance.yahoo.com website yesterday...and is the second story in a row that I 'borrowed' from the King Report...and the link is here.

View full GSD edition

Only 54% Of Young Adults In America Have A Job

Amongst young adults (18-24) in the US, the employment rate is just barely above half, or 54%, which just happens to be the lowest in sixty-four years, and 7% worse than when Obama took office promising a whole lot of change three years ago.

This zerohedge.com story was sent to me by Washington state reader S.A...and the link is here.

View full GSD edition

LIBOR manipulation probe turns criminal in U.S., Reuters says

The Justice Department is conducting a criminal probe into whether the world's biggest banks manipulated a global benchmark rate that is at the heart of a wide range of loans and derivatives, from trillions of dollars of mortgages and bonds to interest rate swaps, a person familiar with the matter said.

While the Justice Department's inquiry into the setting of the London interbank offered rate, or Libor, was known, the criminal aspect of the probe was not.

A criminal inquiry underscores the serious nature of a worldwide investigation that includes regulators and law-enforcement agencies in the United States, Japan, Canada and the UK.

This story was posted on the Reuters website on Tuesday evening...and I found it in a GATA dispatch last night. The link is here.

View full GSD edition

Five Largest Banks 'Should Be Broken Up': Fed's Fisher

Three King World News Blogs/Interviews

Posted: 29 Feb 2012 09:06 PM PST

Three King World News Blogs/Interviews

This first blog is by Jean-Marie Eveillard...and it's entitled "Desperate Central Banks Intervene in the Gold Market". The second blog with John Embry is headlined "Gold and Silver Smash Temporary, Oil to Super-Spike". The next KWN item is an interview with Rick Rule. I posted the blog on that the other day...and the link to the audio interview is read more

Save Your ASSets First

Thursday, March 1, 2012