saveyourassetsfirst3

---

• Chile court freezes Goldcorp’s El Morro copper-gold mine to weigh appeal
• Polyus Gold CEO to resign
• The growing love affair with four nines gold – Holmes
• Fifty Shades Of Gold
• Silver, Gold & Miners ETF Trading Strategy – Part II
• The American Model of “Growth”: Overbuilding and Poaching
• Iran will be barred from accepting gold as payment for oil
• Jim Sinclair Dedicated To Realize “Free Gold”
• Gold Tapering Hysteria
• Gold miners achieve progress in cutting costs
• [TaM-1297] The Truth About Taper Talk, Gold and Bitcoin
• HANA Integration And SMB Cloud Adoption To Boost SaaS Revenues For SAP
• Fannie / Freddy Reform Nowhere In Sight
• It’s Worse Than You Think!
• An Unjustified Rally Justifies Some Insurance
• US Dollar Likely to Continue Higher, but Against Which Currencies?
• Fantasy Stocks for a Fantasy Market
• TECHNICAL - Gold And Silver Price Decline Not Over
• A concise history of Gold in China
• Practical Hawala Privacy Tips
• Two Great Bubble Threats, One Great Opportunity
• Win a Free Promotional Silver Round Compliments of DNA Precious Metals!
• SD Weekly Metals & Markets: Is a Re-Test of the June Lows Dead Ahead?
• Bullion banks rig gold market against their own clients, Maguire says
• 10 Obamacare Horror Stories That Are Almost Too Crazy To Believe

Chile court freezes Goldcorp’s El Morro copper-gold mine to weigh appeal Posted: 24 Nov 2013 08:56 PM PST A Chilean appeals court has preventively frozen Goldcorp's copper and gold El Morro mine while it weighs an appeal by indigenous communities.

Polyus Gold CEO to resign Posted: 24 Nov 2013 08:28 PM PST Russia's biggest gold miner said on Friday its CEO, German Pikhoya, has resigned to pursue other activities.

The growing love affair with four nines gold – Holmes Posted: 24 Nov 2013 01:17 PM PST US Global's Frank Holmes looks at the continuing 'love trade' in gold and the growing importance of high karat gold.

Fifty Shades Of Gold Posted: 24 Nov 2013 01:06 PM PST Unlike most commodities, there are many shades to gold. Some of shades include the Love Trade's buying gold for loved ones, the Fear Trade's purchasing gold as a store of value, gold in relation to monetary debasement (through QE and other central bank initiatives), dynamics of the physical vs the paper gold market, and so forth. An additional "shade" investors need to be aware of is how the Fed and the markets interpret the recovery of the US economy. In a recent presentation, Frank Holmes of USFunds.com discussed those shades of gold with numerous charts. His presentation is called “Fifty Shades Of Gold” and is available below. We picked out five interesting charts which we show in this article. The full presentation is available at the bottom of this article. There is a clear correlation between the rising US deficit and gold prices:   Gold does not look like a bubble, despite its strong uptrend till September 2011, especially when comparing the gold price with two real bubbles (i.e. the Nasdaq bubble and the bubble of Brent Oil):   China’s rush to buy gold on lower prices and deliver the metal is significant and illustrates the difference in belief in the East vs the West: “Follow the money” to China … in this case, “follow the gold” to China:   Unusual gold trading in futures market over the course of October 2013, both on downdays and on updays:

Silver, Gold & Miners ETF Trading Strategy – Part II Posted: 24 Nov 2013 12:16 PM PST Precious Metals ETF Trading: It's been a week since my last gold & silver report which I took a lot of heat because of my bearish outlook. Friday's closing price has this sector trading precariously close to a major sell off if it's not already started. On a percentage bases I feel precious metals mining stocks as whole will be selling at a sharp discount in another week or three. ETF funds like the GDX, GDXJ and SIL have the most downside potential. The amount of emails I received from followers of those who have been buying more precious metals and gold stocks as price continues to fall was mind blowing. If precious metals continue to fall on Monday and Tuesday of this week selling volume should spike as protective stops will be getting run and the individuals who are underwater with a large percentage of their portfolio in the precious metals sector could start getting margin calls and cause another washout, spike low similar to what we saw in 2008. ETF Trading Charts: Below are updated with Friday's closing prices showing technical breakdowns across the board..   Sweet & Sour ETF Trading Analysis: Just to make things a little more interesting I would like to point out a couple other types of analysis. Sweet:  Through analysis of the CEF Central Fund of Canada Ltd. chart and evaluation it is clear precious metals are falling out of favor at an increased rate. This fund owns physical gold and silver bullion and investors are fleeing the fund so fast that it is now trading at a 7% discount of its asset value. While this may not seem good for metals I see it as a positive. When everyone is running for one door after an extended moves has already taken place it tends to act as a contrarian indicator. Knowing that some of the largest percent moves in a trend takes place before reversing, I see this information as an early warning that a bottom will soon be put in place.   Sour: While the USD index has not been much help compared to 2012, I feel as though a rising dollar is likely to unfold for a couple weeks which may lend a hand to pulling the precious metals sector down.   Precious Metals ETF Trading Conclusion: While I am starting to get bullish for a long term investment in precious metals I know that a bottom has likely not yet been made. But even if it has been, it is better to buy during a basing pattern or breakout to the upside from a basing pattern than to be underwater with a position for an extended period of time along with all the other negatives that come along with it. I do like the idea of CEF as a long term investment when I feel the time is right. I have invested and traded it many times in the past. The key to trading the fund is to be sure you are buying it at fair value or a discount from the net asset value. You do not want to be buying it when it is trading at a 5-7% premium. The fund owns both gold and silver making it a simple diversified precious metals play. Get More Free ETF Trading Ideas & Analysis at: www.GoldAndOilGuy.com Chris Vermeulen   The post Silver, Gold & Miners ETF Trading Strategy – Part II appeared first on ETF Trading Gold Newsletter.

The American Model of “Growth”: Overbuilding and Poaching Posted: 24 Nov 2013 11:00 AM PST The rising Gross Domestic Product (GDP) and other simulacra of “growth” are masking the real model of growth in America: overbuilding and poaching, as in poaching customers and sales from competitors. Why has this doomed model of overbuilding and poaching sales become so dominant? Look no farther than the cheap-money policies of the Federal Reserve. [...] The post The American Model of “Growth”: Overbuilding and Poaching appeared first on Silver Doctors. Check out these similar articles: Federal Reserve’s Expectations of Growth Over the Past 10 Years Have Greatly Overstated Actual Growth FBI: Mexican Drug Cartel Funneled Money Through BofA During The Best Period Of Economic Growth In U.S. History There Was No Income Tax And No Federal Reserve

Iran will be barred from accepting gold as payment for oil Posted: 24 Nov 2013 10:44 AM PST Stacy Summary: Interesting. You’d think that if it were just a barbarous relic, the US would be happy for Iran to trade oil for gold? Iran Agrees to Deal With Powers to Curb Nuclear Work Some curbs on gold trading also will be removed. While Iran will be allowed to buy and sell precious metals, including gold, it will be barred from accepting them as payment for oil or any other sanctioned transaction, according to the officials. Iran sits on the world's fourth-largest proven oil reserves.

Jim Sinclair Dedicated To Realize “Free Gold” Posted: 24 Nov 2013 09:01 AM PST Gold Silver Worlds In a written update to his subscriber yesterday night, Jim Sinclair expressed his dedication to "Free Gold." It should not come as a coincidence that this week gold had seen two trading halts on the same day, as reported in great detail by Zerohedge in "Gold Market Halted For 2nd Time Today Following FOMC Minutes Monkey-Hammering". Jim Sinclair explains that gold price setting is too dependent on the paper market, to such an extent that it has continued to live as the means of manipulating the paper price of gold. What is "Free Gold." It is the decoupling of the gold paper market influences on the gold price setting, or in other words freeing physical gold from price slavery to paper gold. The mechanism he describes is through the present time deletion of future exchange warehouse supply. To achieve his target, Jim Sinclair has visited six locations in Singapore where cash and physical only exchanges for silver and gold were to be established. With his staff, he has tried to determine which of the six held the best promise for the gold market transition phase for price discovery away from paper gold and to physical gold material. He would put his shoulder behind the exchange that offers the global window to the real price of gold. That exchange appears to be the Singapore Physical Precious Metals Exchange. Jim Sinclair writes: Asian demand for physical gold is now in excess of supply and the declining Comex warehouse supply qualified for delivery. This is the mechanism for the emancipation of Physical Gold from the 41 years of price slavery to paper gold due to the cheap paper mechanism to manipulate the world gold price. With the present time and predictable need to change the delivery mechanism on the COMEX to cash in order to avoid default on delivery, the reign of paper gold is ending. With this end we have the arrival of physical gold as the new discovery mechanism for the price of gold. For the transition to take place it is necessary that we have functional global platforms for the trading of physical metals between peers of merit and a transparent price for global physical gold that exists nowhere for even professional public consumption. There has been a clarion call from the long suffering holders of gold shares and investment gold for the Chief Executive Officers of gold companies to identify and take definitive action to end the slavery of the gold price to the mechanism of manipulation, the paper gold market. The advent of global platforms for and the true revelation to the gold public of the real gold price, the physical cash price on a 24 hour basis in the answer. The cost of trying to manipulate this public physical price wherein delivery must be immediately made or payment presented immediately in full makes it too expensive to manipulate the gold price on a consistent basis. The paper gold market cannot move far away from the real physical price when the real physical price is globally known. Therefore to manipulate price the tricksters will have to participate on the physical exchanges thereby increasing their cost of their operation by orders of magnitude. That huge increase in the cost of moving price at will is the beginning of the end of paper gold ruling the physical gold price. That substantial increase in the cost of operation is the beginning of the physical gold market taking the position as the true discovery mechanism for the global price of gold. It is the beginning of the end of the reign of paper gold. We CEOs of gold companies owe our stockholders economic production and all of our efforts to defeat the plans of the tricksters and their paper machinations that cost near to nothing and results in gold moving such as $1900 to $1200 when the true demand for physical over ground gold was on the rise and not on the fall. Where demand exceeded supply as paper gold was forced by bullies down from $1900 to $1200. This dichotomy in price is only viable via paper gold manipulation and must end here and now. To that object of "Free Gold" and the economic production of gold, I dedicate all my strength, all my contacts of 53 years in the business, all my knowledge of how to, and my capital.

Gold Tapering Hysteria Posted: 24 Nov 2013 09:00 AM PST Already beleaguered, gold suffered another sharp drop this week.  When the minutes from the Federal Reserve's latest policy meeting implied it might slow its QE3 bond-buying campaign "in coming months", futures speculators responded with heavy selling.  But their extreme gold bearishness is highly irrational, they are missing the forest for the trees.  Taper or not, [...] The post Gold Tapering Hysteria appeared first on Silver Doctors. Check out these similar articles: Fed QE3-Tapering Impact Alasdair Macleod: No Tapering- US in a Massive Debt Trap Heading Towards Hyperinflation! The Fed is F*CKED!

Gold miners achieve progress in cutting costs Posted: 24 Nov 2013 06:29 AM PST In Q3, 2013, gold cash costs fell 14% quarter-on-quarter to $654/Oz while marginal (90%) cash costs fell 8% Q/Q and 6% year-on-year to $1031/Oz.

[TaM-1297] The Truth About Taper Talk, Gold and Bitcoin Posted: 24 Nov 2013 06:25 AM PST One can only laugh when one hears The Truth About Markets! Download show here For more download & listening options, visit Archive dot org

HANA Integration And SMB Cloud Adoption To Boost SaaS Revenues For SAP Posted: 24 Nov 2013 05:08 AM PST With a market capitalization of $99 billion, SAP AG (NYSE:SAP) is a German enterprise that develops various Customer Relationship Management, Business Process Management and Business Operation Management software products. It is the largest software developer in the European region and the fourth largest in the world, with revenues over $20 billion. The company has traditionally competed with Large Cap On-premise Enterprise software development companies like Microsoft (NASDAQ:MSFT), IBM (NYSE:IBM) and Oracle (NASDAQ:ORCL). However, the dawn of the hyper-growth Cloud Computing industry has contributed to a slow erosion in On-premise software revenues. In the January through September 2013 period, SAP reported a 4% decline (in Euros) in traditional On-premise software new license revenues from the prior-year period. However, in USD terms, the decline was relatively lower at 1.3% due to a strengthening Euro against the Dollar. During the same period, new Cloud subscription revenues increased 238% to

Fannie / Freddy Reform Nowhere In Sight Posted: 24 Nov 2013 04:58 AM PST Since 2008, the mostly agreed upon date for the onset of the Great Recession, lots of responses to the crisis have occurred. Stimulus came and went, Dodd Frank passed, the Volker rule was enacted yet not to date implemented, the CFPB was let loose on the land, the Fed embarked on a continuing mission to better the economy via asset purchases, various banks have been fingered as agents of the financial crisis and meltdown of the housing market. Oh, and Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) basically went toes up and were put into government conservatorship, where they languish to this day. Actually languishing is not quite correct, they're thriving. The two have gone from commanding a lions share of the mortgage market to effectively being the only game in town. In the process they are minting money. Together the two expect to have returned by the end

It’s Worse Than You Think! Posted: 24 Nov 2013 04:00 AM PST Something – some kind of “black swan” event – is coming at us that is really ugly.  A few weeks ago a businessman friend of mine asked his neighbor, a retired General with deep ties into the Pentagon, “how bad is it, really (the problems with our system)?”  The General replied, “it’s worse than you [...] The post It’s Worse Than You Think! appeared first on Silver Doctors. Check out these similar articles: Fabian Calvo: Housing Market Manipulation: A Trillion Times Worse than Enron America’s Debt Woe is Worse Than Greece’s Paul Craig Roberts: U.S. a Lawless State, Something Worse Than Great Depression Coming!

An Unjustified Rally Justifies Some Insurance Posted: 24 Nov 2013 02:20 AM PST (click to enlarge) Just five years ago, the entire U.S. financial system was on the brink of collapse. Thankfully, the crisis is over, yet the economy hasn't shown much improvement. The federal debt has ballooned and it now exceeds GDP. While real GDP growth is positive, it remains extremely weak. Housing has come off its lows, but there are still plenty of folks sitting on underwater mortgages and the most recent data on housing sales was disappointing. The unemployment rate has come down, but the improvement is illusory since so many people have dropped out of the workforce. Of course, one thing is very real. The stock market has surged since its March 2009 low. Stocks keep setting new highs. The Dow Jones Industrial Average closed well above 16,000 and the S&P 500 closed above 1,800 on Friday. Even the Nasdaq has awakened, hitting its highest level since the year

US Dollar Likely to Continue Higher, but Against Which Currencies? Posted: 24 Nov 2013 02:05 AM PST dailyfx

Fantasy Stocks for a Fantasy Market Posted: 24 Nov 2013 01:55 AM PST By Doug French, Casey Research. Originally published at Testosterone Pit. They don’t ring bells at the top, but when a company called Fantex Holdings plans to sell shares in professional athletes and possibly actors and musicians, a chill should race up the spine of investors. You know this isn’t your grandfather’s market when a company pushing chicken wings (Buffalo Wild Wings) sells at over 40 times earnings. And when a company that dominates retail but doesn’t make any money (Amazon) trades for $350 a share. And when a company that pumps old movies, TV shows, and a sliver of new content to subscribers trades at 280 times earnings (Netflix). Let’s just say that American industry ain’t what it used to be. “As General Motors goes, so goes the nation,” was relevant a long time ago. Today’s nation is gaga for something different: fantasy football. Adults lining up players against each other like toy soldiers is a billion-dollar business for the companies facilitating the fun and games. Bloomberg reports: “About 25.1 million people play fantasy football in the U.S.… About $3.38 billion is spent annually in the U.S. on fantasy sports… [T]hree-quarters of that, or about $2.54 billion, is spent on football.” With all of this fantasizing, Wall Street doesn’t want to be left out of the money. Fantex Holdings intended to sell an IPO of Houston Texan running back Arian Foster until he was injured. The plan was to market 1.06 million shares of Foster stock at $10 a share. The shares would trade on a Fantex exchange, and the company believes the shares would track Mr. Foster’s future brand income, including his playing contract, corporate endorsements, and appearance fees. Investors would be one hit away from losing all or most of their money. Luckily for them, Arian Foster’s season-ending injury happened prior to the floating of his stock. However, as Peter Lattman and Steve Eder write for the New York Times: “Risks aside, the offering is intended to capitalize on the mammoth popularity of the National Football League and fantasy football, where fans draft players and score points for touchdowns, yardage and other notable plays during the season. If thousands of fans are willing to pay as much as $250 for an Arian Foster jersey, the thinking goes, why wouldn’t they pay up for a few shares of Arian Foster stock?” Wondering what Foster was to get out of this? $10 million, in exchange for 20% of his future income. Shareholders wouldn’t have a direct claim on Foster’s income or control of his brand: Fantex would. Theoretically the better Foster does, the better his stock would do. Fantex said it anticipated paying a dividend. Aswath Damodaran, NYU professor of finance, blogged at Musings on Markets that a portion of Fantex’s 20% percent claim on Foster’s income “will be set aside to cover the expenses associated with managing and maintaining the Fantex platform.” Also, “Fantex views its role as not just a contractual intermediary but also as a brand building organization. Effectively, that implies that Fantex can and will use some of the Foster income to market him better (and hopefully increase endorsement income).” Using some very rosy assumptions about Foster’s career—like that the running back will play until he’s 36 years old—Damodaran calculated the present value of 20% of Foster’s future cash flows to be $10 million, before expenses and injury risk. Once he factors those in, Damodaran says the value of the Foster claims are $5.07 million. He admits that Mr. Foster is definitely getting the better part of the deal. San Francisco 49er tight end Vernon Davis was the second player signed by Fantex; he promptly left last week’s game with a concussion. Fantex intends to buy 10% of Mr. Davis’ future earnings for $4 million. The company will sell shares to investors in a tracking stock linked to the tight end’s economic performance, which includes the value of playing contracts, corporate endorsements, and appearance fees. More Bubbly Signs This all sounds newfangled, but it’s been done before. In its April 2000 edition, the Elliott Wave Financial Forecast wrote: “Another indication that a historic extreme has reached its zenith is that in recent months, even individuals have become brands. A number of them, including Dick Clark, Donna Karan, Tommy Hilfiger, Ralph Lauren, Martha Stewart and C. Everett Koop, have become publicly traded companies. All are down substantially from their close on their first day of trading, but the effort literally to buy heroes continues to spread. The latest development is at the venture capital level, where numerous promoters are busily launching Internet investment funds with superstar athletes because ‘athletes have tremendous brand presence.’” A bear market had actually begun a few days before. John Hussman calls the current market “a textbook pre-crash bubble.” He cites a Schiller P/E above 25, that the median-stock-price-to-revenue ratio is at a record high, and that the market-cap-to-GDP ratio is approaching an all-time high. Margin debt is also at an all-time high of 2.2% of GDP, and the “this time is different” narrative is back. As crazy as the market is, the folks at Cantor Gaming want to make the investment world even wilder. The Wall Street Journal reported last month: “The company pushed Nevada legislators this year to let investment funds bet on sports. It said this would widen the ways investors such as hedge funds could diversify.” The bill didn’t pass this session. In the future, who knows? If the bull market keeps charging ahead, investors may be able to own shares in their favorite fantasy players, while their mutual funds “invest” in wagers on the games’ outcomes. Makes getting down a bet with the corner bookie look very tame.

TECHNICAL - Gold And Silver Price Decline Not Over Posted: 24 Nov 2013 01:45 AM PST marketoracle

A concise history of Gold in China Posted: 23 Nov 2013 10:30 PM PST China Gold News

Practical Hawala Privacy Tips Posted: 23 Nov 2013 10:30 PM PST Run to Gold

Two Great Bubble Threats, One Great Opportunity Posted: 23 Nov 2013 09:01 PM PST Carl Icahn is right to call "a lot of"  corporate earnings a "mirage" because by reducing borrowing costs via ongoing QE, The Fed has artificially elevated earnings. Thus Corporate Earnings are yet another Dangerous Fed-created Asset Bubble. With Janet Yellen's appointment as Fed Chairman, we can expect Easy Money Policies including Bond Buying via QE [...] The post Two Great Bubble Threats, One Great Opportunity appeared first on Silver Doctors. Check out these similar articles: Deepcaster: Opportunity Knocks via Market Realities Deepcaster: Opportunity and Risk Rockets Deepcaster: Real News Spells Opportunity

Win a Free Promotional Silver Round Compliments of DNA Precious Metals! Posted: 23 Nov 2013 09:00 PM PST The Doc’s November Price Guess Challenge.  Win 1 of 4 Ounces of Free Silver From The Doc! November’s contest rules are simple.  Just post your prediction in this post’s comment section! Last Day To Enter Your Prediction Is November 25th! Post your prediction for silver’s November Comex monthly closing price and if you are one [...] The post Win a Free Promotional Silver Round Compliments of DNA Precious Metals! appeared first on Silver Doctors. Check out these similar articles: The Doc Is Giving Away 4 Free 2013 Silver American Eagles Compliments of DNA Precious Metals! Announcing the Winners of The Doc’s October Silver Giveaway Sponsored by DNA Precious Metals Eric Sprott, John Embry, & Rick Rule Round Table Interview on Precious Metals Fundamentals

SD Weekly Metals & Markets: Is a Re-Test of the June Lows Dead Ahead? Posted: 23 Nov 2013 08:56 PM PST On this week’s show, we’ll cover: - Gold & silver smashed on Fed minutes TAPER MOPE Wednesday – same old story – Caution for next week as metals close near the week’s lows- is a retest of the June lows dead ahead? – China’s policy shift on currency reserves;  most miss angle about Chinese growth [...] The post SD Weekly Metals & Markets: Is a Re-Test of the June Lows Dead Ahead? appeared first on Silver Doctors. Check out these similar articles: SD Weekly Metals & Markets: Are We Seeing Early Signs of a Silver Eagle Shortage? SD Weekly Metals & Markets: Precious Metals Have Bottomed, Silver Shortage Intensifying! SD Weekly Metals & Markets 4/5: BANK OF JAPAN GOES KAMIKAZE This posting includes an audio/video/photo media file: Download Now

Bullion banks rig gold market against their own clients, Maguire says Posted: 23 Nov 2013 03:01 PM PST GATA

10 Obamacare Horror Stories That Are Almost Too Crazy To Believe Posted: 23 Nov 2013 12:00 PM PST The more Americans learn about Obamacare, the less they like it.  They were promised that under Obamacare they would be able to keep their current health insurance plans, that health insurance premiums would be lower, and that millions more Americans would be able to get coverage.  But none of those promises are turning out to [...] The post 10 Obamacare Horror Stories That Are Almost Too Crazy To Believe appeared first on Silver Doctors. Check out these similar articles: 10 Signs That Obamacare Is Going To Wreck The U.S. Economy Why Obamacare Will Motivate Millions Of Americans To Make Less Money And Get Divorced First “Success Story” Repriced Out of Obamacare!

You are subscribed to email updates from Gold World News Flash 2 To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610