Gold World News Flash

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• More Downside Pressure For Gold, Substantial Rally Nearby
• Former White House Official - Western Default, China & Gold
• PaGiNG DR KRuGMaN...
• Gerald Celente -- A Major Financial Collapse, similar to Lehman Brothers
• Prepare Now for An Economic Crisis
• Princeton Study Confirms 'US Is An Oligarchy'
• The Gold Price Lost $9.10 Closing at $1,293.40
• The Gold Price Lost $9.10 Closing at $1,293.40
• Gold Daily and Silver Weekly Charts - Counting Blessings and Tender Mercies
• Gold Daily and Silver Weekly Charts - Counting Blessings and Tender Mercies
• The Real Reason the US Media Hates Vladimir Putin
• US Government Create Economic Collapse!
• Richard Russell - Silver & The Greatest Mistake My Father Made
• Holter muses on China's silver scheme; Barron doubts new raid on gold ETFs
• The Elites Fear What Will Crash The Global Financial System
• Banking Bail-Ins: Destroy the Depositors
• Banking Bail-Ins: Destroy the Depositors
• Banking Bail-Ins: Destroy the Depositors
• Economic Outlook Darkens
• Gold, Silver and Stalling Economies
• Alasdair Macleod: Economic outlook darkens
• Gold Prices Flat, "Consolidating" at 200-Day Average After Fed's Yellen Vows to Keep Rates Low
• Gold is the world’s only ultimate asset
• We Again See Real Estate As Best Investment
• Gold, Silver And The Mining Sector: Prepare For A Severe Fall
• Use of gold as collateral in China is actually positive for gold, Rule tells KWN
• Asia takes every ounce West unloads but gold will fall for two years, GFMS says
• Paper gold falls in West but premium for real metal jumps in India
• Conspiracy fact: Top central bankers meet secretly every six weeks at BIS
• Copper Is Pathological and Suffers from SAD, but It Has Value
• Even The US Government Will Abandon the U.S. Dollar
• 'I invested in gold three years ago and lost 70pc - should I sell?'
• Gold - Coming Super Bubble
• How Silver is Making a Slow Recovery in 2014
• GOLD Elliott Wave Down D Wave
• Three Variables to Consider Before Investing in Gold
• We Again See Real Estate As Best Investment
• Americans Sold on Real Estate as Best Long-Term Investment

More Downside Pressure For Gold, Substantial Rally Nearby Posted: 17 Apr 2014 11:00 PM PDT from KitcoNews:

Former White House Official - Western Default, China & Gold Posted: 17 Apr 2014 09:01 PM PDT Today King World News interviewed the former White House official who was Special Assistant to the President of the United States for Economic Policy and a former member of the U.S. President's Working Group on Financial Markets, also known as the Plunge Protection Team, or PPT. While in the White House, Dr. Philippa "Pippa" Malmgren served as financial market advisor in the White House and functioned as the direct liaison between the White House and the Federal Reserve. Dr. Malmgren formerly headed the Global Asset Management business for Bankers Trust in Asia, out of Hong Kong, and was also Chief Currency Strategist for Bankers Trust Company, and former Head of Global Investment Strategy at UBS. Dr. Malmgren was also a senior consultant to Deutsche Bank, and currently advises the largest sovereign wealth funds, hedge funds, and pension funds in the world. This posting includes an audio/video/photo media file: Download Now

PaGiNG DR KRuGMaN... Posted: 17 Apr 2014 07:43 PM PDT Paul dabbled in the occult The spirit of Keynes he'd consult He was told in a trance To help debt advance With a system collapse the result The Limerick King

Gerald Celente -- A Major Financial Collapse, similar to Lehman Brothers Posted: 17 Apr 2014 06:51 PM PDT Gerald Celente - Metallwoche - April 17, 2014 : Gerald Celente: Just re-invent a story. "I believe that a major financial house will collapse, similar to Lehman Brothers, which will create further stimulation. They will collapse this justified by the need to keep interest rates low and usher in... [[ This is a content summary only. Visit http://www.GoldSilverNewsBlog.com or http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

Prepare Now for An Economic Crisis Posted: 17 Apr 2014 06:49 PM PDT Learn how to prepare for the Foreign Account Tax Compliance Act (FATCA), going into effect July 1, 2014, that will have serious negative ramifications on the U.S. economy and American businesses and citizens working abroad. The World Gold Council predicts Chinese gold demand to rise 20% by 2017.... [[ This is a content summary only. Visit http://www.GoldSilverNewsBlog.com or http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

Princeton Study Confirms 'US Is An Oligarchy' Posted: 17 Apr 2014 05:35 PM PDT Submitted by Mike Krieger of Liberty Blitzkrieg blog, Despite the seemingly strong empirical support in previous studies for theories of majoritarian democracy, our analyses suggest that majorities of the American public actually have little influence over the policies our government adopts. Americans do enjoy many features central to democratic governance, such as regular elections, freedom of speech and association, and a widespread (if still contested) franchise. But we believe that if policymaking is dominated by powerful business organizations and a small number of affluent Americans, then America’s claims to being a democratic society are seriously threatened.   - From a recent study titled Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens by Martin Gilens of Princeton University and Benjamin I. Page of Northwestern University In response to the publication of an academic study that essentially proves the United States is nothing more than an oligarchy, many commentators have quipped sentiments that go something like “so tell me something I don’t know.” While I agree that the conclusion is far from surprising to anyone paying attention, the study is significant for two main reasons.   First, there is a certain influential segment of the population which has a disposition which requires empirical evidence and academic studies before they will take any theory seriously. Second, some of the conclusions can actually prove quite helpful to activists who want to have a greater impact in changing things. This shouldn’t be particularly difficult since their impact at the moment is next to zero. What is most incredible to me is that the data under scrutiny in the study was from 1981-2002. One can only imagine how much worse things have gotten since the 2008 financial crisis. The study found that even when 80% of the population favored a particular public policy change, it was only instituted 43% of the time. We saw this first hand with the bankster bailout in 2008, when Americans across the board were opposed to it, but Congress passed TARP anyway (although they had to vote twice). Even more importantly, several years of supposed “economic recovery” has not changed the public’s perception of the bankster bailouts. For example, a 2012 study showed that only 23% percent of Americans favored the bank bailouts and the disgust was completely bipartisan, as the Huffington Post points out.  Personally, I think the banker bailouts will go down as one of the most significant turning points in American history. Despite widespread disapproval, Congress passed TARP and it was at that moment that many Americans “woke up” to the fact they are nothing more than economic slaves with no voice. That they are serfs. Even more importantly, once oligarchs saw what they could get away with they kept doubling down and doubling down until we find ourselves in the precarious position we are in today. A society filled with angst and resentment at the fact that the 0.01% have stolen everything. Another thing that the study noted was that average citizens sometimes got what they wanted, but this is almost always when their preferences overlap with the oligarchs. When this occurs it is entirely coincidental, and in many cases may the result of public opinion being molded by the elite-controlled special interest groups themselves. How pathetic. I read the entire 42 page study and have highlighted what I found to be the key excerpts below. Please share with others and enjoy: Multivariate analysis indicates that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while average citizens and mass-based interest groups have little or no independent influence. The results provide substantial support for theories of Economic Elite Domination and for theories of Biased Pluralism, but not for theories of Majoritarian Electoral Democracy or Majoritarian Pluralism. Until very recently, however, it has been impossible to test the differing predictions of these theories against each other within a single statistical model that permits one to analyze the independent effects of each set of actors upon policy outcomes.   A major challenge to majoritarian pluralist theories, however, is posed by Mancur Olson’s argument that collective action by large, dispersed sets of individuals with individually small but collectively large interests tends to be prevented by the “free rider” problem. Barring special circumstances (selective incentives, byproducts, coercion), individuals who would benefit from collective action may have no incentive to personally form or join an organized group. If everyone thinks this way and lets George do it, the job is not likely to get done. This reasoning suggests that Truman’s “potential groups” may in fact be unlikely to form, even if millions of  peoples’ interests are neglected or harmed by government. Aware of the collective action problem, officials may feel free to ignore much of the population and act against the interests of the average citizen.   As to empirical evidence concerning interest groups, it is well established that organized groups regularly lobby and fraternize with public officials; move through revolving doors between public and private employment; provide self-serving information to officials; draft legislation; and spend a great deal of money on election campaigns. Moreover, in harmony with theories of biased pluralism, the evidence clearly indicates that most U.S. interest groups and lobbyists represent business firms or professionals. Relatively few represent the poor or even the economic interests of ordinary workers, particularly now that the U.S. labor movement has become so weak.   What makes possible an empirical effort of this sort is the existence of a unique data set, compiled over many years by one of us (Gilens) for a different but related purpose: for estimating the influence upon public policy of “affluent” citizens, poor citizens, and those in the middle of the income distribution.   Gilens and a small army of research assistants gathered data on a large, diverse set of policy cases: 1,779 instances between 1981 and 2002 in which a national survey of the general public asked a favor/oppose question about a proposed policy change.   In any case, the imprecision that results from use of our “affluent” proxy is likely to produce underestimates of the impact of economic elites on policy making. If we find substantial effects upon policy even when using this imperfect measure, therefore, it will be reasonable to infer that the impact upon policy of truly wealthy citizens is still greater.   Some particular U.S. membership organizations – especially the AARP and labor unions– do tend to favor the same policies as average citizens. But other membership groups take stands that are unrelated (pro-life and pro-choice groups) or negatively related (gun owners) to what the average American wants. Some membership groups may reflect the views of corporate backers or their most affluent constituents. Others focus on issues on which the public is fairly evenly divided. Whatever the reasons, all mass-based groups taken together simply do not add up, in aggregate, to good representatives of the citizenry as a whole. Business-oriented groups do even worse, with a modest negative over-all correlation of -.10.   The estimated impact of average citizens’ preferences drops precipitously, to a non-significant, near-zero level. Clearly the median citizen or “median voter” at the heart of theories of Majoritarian Electoral Democracy does not do well when put up against economic elites and organized interest groups. The chief predictions of pure theories of Majoritarian Electoral Democracy can be decisively rejected. Not only do ordinary citizens not have uniquely substantial power over policy decisions; they have little or no independent influence on policy at all.   By contrast, economic elites are estimated to have a quite substantial, highly significant, independent impact on policy. This does not mean that theories of Economic Elite Domination are wholly upheld, since our results indicate that individual elites must share their policy influence with organized interest groups. Still, economic elites stand out as quite influential – more so than any other set of actors studied here – in the making of U.S. public policy. The incredible thing here is that they use the 90th percentile to gauge the “economic elite,” when we well know that it is the “oligarchs” themselves and the businesses they run that call all the shots. It would have been interesting if they isolated the impact of the 0.01%. These results suggest that reality is best captured by mixed theories in which both individual economic elites and organized interest groups (including corporations, largely owned and controlled by wealthy elites) play a substantial part in affecting public policy, but the general public has little or no independent influence.   In our 1,779 policy cases, narrow pro-change majorities of the public got the policy changes they wanted only about 30% of the time. More strikingly, even overwhelmingly large pro-change majorities, with 80% of the public favoring a policy change, got that change only about 43% of the time. Amidst all of the bad news in this study, there is one conclusion from which we can find a silver lining. The importance of business groups’ numerical advantage is also revealed when we rescale our measures of business and mass-oriented interest group alignments to reflect the differing number of groups in each of these categories. Using this rescaled measure, a parallel analysis to that in table 4 shows that on a group-for-group basis the average individual business group and the average mass-oriented group appears to be about equally influential. The greater total influence of business groups in our analysis results chiefly from the fact that more of them are generally engaged on each issue (roughly twice as many, on average), not that a single business-oriented group has more clout on average than a single mass based group.   Relatively few mass-based interest groups are active, they do not (in the aggregate) represent the public very well, and they have less collective impact on policy than do business-oriented groups – whose stands tend to be negatively related to the preferences of average citizens. These business groups are far more numerous and active; they spend much more money; and they tend to get their way. What the paragraphs above demonstrate is that the public has become very, very bad at organizing and that they aren’t even in the same ballpark as the the business groups. While mass-based interest groups will never be able to compete financially, we now live in a world of crowd-funding and a great deal of angst. Thus, there appears to be some low hanging fruit available for the activist community to pick at and become more organized. Furthermore, the preferences of economic elites (as measured by our proxy, the preferences of “affluent” citizens) have far more independent impact upon policy change than the preferences of average citizens do. To be sure, this does not mean that ordinary citizens always lose out; they fairly often get the policies they favor, but only because those policies happen also to be preferred by the economically elite citizens who wield the actual influence. But sure, keep chanting USA! USA! and keep sending your children to die overseas for no good reason. Of course our findings speak most directly to the “first face” of power: the ability of actors to shape policy outcomes on contested issues. But they also reflect – to some degree, at least – the “second face” of power: the ability to shape the agenda of issues that policy makers consider. The set of policy alternatives that we analyze is considerably broader than the set discussed seriously by policy makers or brought to a vote in Congress, and our alternatives are (on average) more popular among the general public than among interest groups. Thus the fate of these policies can reflect policy makers’ refusing to consider them rather than considering but rejecting them. (From our data we cannot distinguish between the two.) Our results speak less clearly to the “third face” of power: the ability of elites to shape the public’s preferences. We know that interest groups and policy makers themselves often devote considerable effort to shaping opinion. If they are successful, this might help explain the high correlation we find between elite and mass preferences. But it cannot have greatly inflated our estimate of average citizens’ influence on policy making, which is near zero. So what’s the conclusion? Well we aren’t a Democracy and we aren’t a Constitutional Republic. As I and many others have noted, we have descended into something far worse, an neo-fedualistic Oligarchy. What do our findings say about democracy in America? They certainly constitute troubling news for advocates of “populistic” democracy, who want governments to respond primarily or exclusively to the policy preferences of their citizens. In the United States, our  findings indicate, the majority does not rule -- at least not in the causal sense of actually determining policy outcomes. When a majority of citizens disagrees with economic elites and/or with organized interests, they generally lose. Moreover, because of the strong status quo bias built into the U.S. political system, even when fairly large majorities of Americans favor policy change, they generally do not get it.   A possible objection to populistic democracy is that average citizens are inattentive to politics and ignorant about public policy; why should we worry if their poorly informed preferences do not influence policy making? Perhaps economic elites and interest group leaders enjoy greater policy expertise than the average citizen does. Perhaps they know better which policies will benefit everyone, and perhaps they seek the common good, rather than selfish ends, when deciding which policies to support.   But we tend to doubt it. We believe instead that – collectively – ordinary citizens generally know their own values and interests pretty well, and that their expressed policy preferences are worthy of respect. Moreover, we are not so sure about the informational advantages of elites. Yes, detailed policy knowledge tends to rise with income and status. Surely wealthy Americans and corporate executives tend to know a lot about tax and regulatory policies that directly affect them. But how much do they know about the human impact of Social Security, Medicare, Food Stamps, or unemployment insurance, none of which is likely to be crucial to their own well-being? Most important, we see no reason to think that informational expertise is always accompanied by an inclination to transcend one’s own interests or a determination to work for the common good.   All in all, we believe that the public is likely to be a more certain guardian of its own interests than any feasible alternative.   Leaving aside the difficult issue of divergent interests and motives, we would urge that the superior wisdom of economic elites or organized interest groups should not simply be assumed. It should be put to empirical test. New empirical research will be needed to pin down precisely who knows how much, and what, about which public policies.   Our findings also point toward the need to learn more about exactly which economic elites (the “merely affluent”? the top 1%? the top 0.01%?) have how much impact upon public policy, and to what ends they wield their influence. Similar questions arise about the precise extent of influence of particular sets of organized interest groups. And we need to know more about the policy preferences and the political influence of various actors not considered here, including political party activists, government officials, and other non-economic elites. We hope that our work will encourage further exploration of these issues.   Despite the seemingly strong empirical support in previous studies for theories of majoritarian democracy, our analyses suggest that majorities of the American public actually have little influence over the policies our government adopts. Americans do enjoy many features central to democratic governance, such as regular elections, freedom of speech and association, and a widespread (if still contested) franchise. But we believe that if policymaking is dominated by powerful business organizations and a small number of affluent Americans, then America’s claims to being a democratic society are seriously threatened. So when Sam Zell or any other oligarch prances around on television saying that the “poor should be more like the rich,” what he’s really saying is you need to sell your soul and attempt to become an oligarch. Otherwise, you’re fucked.

The Gold Price Lost $9.10 Closing at $1,293.40 Posted: 17 Apr 2014 05:31 PM PDT 17-Apr-14 Price Change % Change Gold Price, $/oz 1,293.40 -9.70 -0.74% Silver Price, $/oz 19.60 -0.04 -0.19% Gold/Silver Ratio 66.00 -0.37 -0.55% Silver/Gold Ratio 0.0151 0.0001 0.55% Franklin wont be publishing commentary over Easter, he will return Tuesday. Y'all have a blessed Easter celebration! Aurum et argentum comparenda sunt -- -- Gold and silver must be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2014, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold or 18 ounces of silver. or 18 ounces of silver. US $ and US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don't intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.

The Gold Price Lost $9.10 Closing at $1,293.40 Posted: 17 Apr 2014 05:31 PM PDT 17-Apr-14 Price Change % Change Gold Price, $/oz 1,293.40 -9.70 -0.74% Silver Price, $/oz 19.60 -0.04 -0.19% Gold/Silver Ratio 66.00 -0.37 -0.55% Silver/Gold Ratio 0.0151 0.0001 0.55% Franklin wont be publishing commentary over Easter, he will return Tuesday. Y'all have a blessed Easter celebration! Aurum et argentum comparenda sunt -- -- Gold and silver must be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2014, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold or 18 ounces of silver. or 18 ounces of silver. US $ and US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don't intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.

Gold Daily and Silver Weekly Charts - Counting Blessings and Tender Mercies Posted: 17 Apr 2014 02:13 PM PDT

Gold Daily and Silver Weekly Charts - Counting Blessings and Tender Mercies Posted: 17 Apr 2014 02:13 PM PDT

The Real Reason the US Media Hates Vladimir Putin Posted: 17 Apr 2014 01:52 PM PDT With few exceptions, the Western media and most strategists have been very unfair in their comments about Vladimir Putin and his response to the Ukrainian demonstrations. According to Stephen F. Cohen, professor emeritus of Russian studies and politics at New York University and Princeton (he is also the author of Soviet Fates and Lost Alternatives: From Stalinism to the New Cold War), there has been a "tsunami of shamefully unprofessional and politically inflammatory articles in leading newspapers and magazines" which portray Putin in a very negative light and fail to take into account some larger things happening in the region. Here&Now Public Radio's Robin Young recently interviewed Stephen Cohen, who opined: …for nearly a decade, the American media has so demonized Putin that we've lost sight of him, and we've obscured the possibilities that are there and that he's offered to enhance, through some kind of steady, calm cooperation, American national security.… I can't remember any Soviet communist leader being so personally villainized[;] that is[,] we wrote bad things about Krushchev, about Brezhnev, about Andropov, but we disliked them because they represented an evil system. We didn't say [they] themselves were thugs, murderers, assassins, which are words that we attach to Putin.… The American media coverage of Ukraine is wrong and inflammatory from beginning to end. The media refers to The Ukraine and The Ukrainian people striving for Western democracy and capitalism. That's false. Everybody knows that at a minimum, there are two Ukraines. One part of it, mostly in the west, wants to attach to Europe. The other part of it in the east, and partly in the south, wants to remain close to Russia…. And this is caused by ethnicity, language, religion, politics, culture. So now we come to the second thing: Who precipitated this crisis? People say Putin did it, or the Ukrainian president, democratically elected, by the way, Yanukovych. But I say no. Why did the European Union tell the democratically elected president of such a profoundly divided country, two Ukraines, in November, that he must decide either/or, you're either with Europe, or you're with Russia? That's a provocation, and that's where this began. And here's what's not reported. At that moment, in November and December, what was Putin's reply? He said hey, guys, why does Ukraine have to decide? Why can't the European Union and Russia help Ukraine out of its terrible economic crisis? And the answer was, in Washington and in Brussels, no way. Ukraine must decide. Cohen referred to the leaked conversation between the top State Department official Victoria Nuland and the US ambassador in Kiev, in which she dismissed the EU with the F-word, as further proof that the US wants a new anti-Russian Ukrainian government and is prepared to participate in a coup to achieve that end: Stop and think how that story was covered in the American media. The first lead was oh my gosh, she said F the EU. The second lead was who leaked this story? Oh, it must've been the Russians. Look at those horrible Russians. But that wasn't the story. The story is what the top State Department official said to the American ambassador in Kiev. And what she said is you and I are empowered to form a new Ukrainian government. And they're actually discussing who should be in this government. And the new government is going to get rid of the democratically elected president of Ukraine, Viktor Yanukovych. Now we may hate Yanukovych. He may be a rat of the first magnitude. But in plain language, they were plotting a coup d'etat against a democratically elected president. And we know that in countries with fragile democratic traditions, when you overthrow an elected president, you are setting back democracy maybe decades [emphasis added]. When asked why, for nearly a decade, the American media has so demonised Putin, Cohen responded: We in America have had three successive presidents who were by and large failures as foreign policy presidents. Nobody's going to write a history of Clinton and say he was a great foreign policy president. Bush's war in Iraq has tainted his foreign policy reputation forever. And Obama is not admired as a foreign policy president, whatever you think of him. Putin on the other hand has been an exceedingly successful national leader of Russia in foreign policy for 13 years. Mitt Romney said the other day in the Washington Post, that when it comes to representing a nation's interest in international affairs, Putin has been a better president than Obama. OK, that's politics, but it's a plausible thesis. And you sense sometimes that Putin's success has brought upon him this kind of vilification by the American media in particular. Now that's a thesis. I don't know. But we ought to think about it. I want to put the discussion in the proper context, which investigative reporter and author Robert Parry calls "America's Staggering Hypocrisy". (Google Robert Parry's "America's Staggering Hypocrisy", an excellent article about US foreign policies.) My friend Patrick McKim, who served in the US Navy and on the Armed Services Committee for Senator Pete Wilson (R-CA) on the Seapower and Tactical Warfare Subcommittees during the Beirut bombing incident (he also attended the Naval War College's Strategy and Policy Course, holds a Harvard MBA, has a sizeable library of military and naval biographies and actions, and knows a lot of high-placed people in the military and in politics), recently sent me a piece entitled "Excerpt from a speech delivered in 1933, by Major General Smedley Darlington Butler, USMC". (For readers not familiar with Butler, I should point out that he was a Major General in the US Marine Corps, the highest rank at that time. At the time of his death in 1940, he was the most decorated Marine in US history, having received 16 medals, five for heroism.) In his abovementioned speech, General Butler said of interventionism: War is just a racket. A racket is best described, I believe, as something that is not what it seems to the majority of people. Only a small inside group knows what it is about. It is conducted for the benefit of the very few at the expense of the masses. I believe in adequate defense at the coastline and nothing else. If a nation comes over here to fight, then we'll fight. The trouble with America is that when the dollar only earns 6 percent over here, then it gets restless and goes overseas to get 100 percent. Then the flag follows the dollar and the soldiers follow the flag. I wouldn't go to war again as I have done to protect some lousy investment of the bankers. There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket. There isn't a trick in the racketeering bag that the military gang is blind to. It has its "finger men" to point out enemies, its "muscle men" to destroy enemies, its "brain men" to plan war preparations, and a "Big Boss" Super-Nationalistic-Capitalism. It may seem odd for me, a military man, to adopt such a comparison. Truthfulness compels me to. I spent thirty-three years and four months in active military service as a member of this country's most agile military force, the Marine Corps. I served in all commissioned ranks from Second Lieutenant to Major-General. And during that period, I spent most of my time being a high class muscle-man for Big Business, for Wall Street and for the Bankers. In short, I was a racketeer, a gangster for capitalism. I suspected I was just part of a racket at the time. Now I am sure of it. Like all the members of the military profession, I never had a thought of my own until I left the service. My mental faculties remained in suspended animation while I obeyed the orders of higher-ups. This is typical with everyone in the military service. I helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909–1912 (where have I heard that name before?). I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested. During those years, I had, as the boys in the back room would say, a swell racket. Looking back on it, I feel that I could have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents. Regards, Marc Faber for The Daily Reckoning Ed. Note: Regardless of how you feel about Putin, there’s always more to the story than the mainstream media is willing to tell you about it. That’s why readers subscribe to the Daily Reckonig. Every issue gives you insight and analysis you won’t find anywhere else, and that includes relaying several profit opportunities in one easy to read email. Don’t let another issue pass you by. Sign up for the Daily Reckoning, for FREE, right here.

US Government Create Economic Collapse! Posted: 17 Apr 2014 01:02 PM PDT The government prints trillions of dollars and gives it to big banks at almost zero interest. The banks lend it to you at 3 or 4 percent, but pay you nothing for your savings. The big banks put the little ones out of business. It destroys the millennia-old concept of increasing your wealth through... [[ This is a content summary only. Visit http://www.GoldSilverNewsBlog.com or http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

Richard Russell - Silver & The Greatest Mistake My Father Made Posted: 17 Apr 2014 12:59 PM PDT With continued turmoil and uncertainty in global markets, today KWN is publishing another important piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, continues to highlight the fact that silver is dirt cheap. Russell also discusses fear, the Great Depression, and the greatest mistake his father ever made. This posting includes an audio/video/photo media file: Download Now

Holter muses on China's silver scheme; Barron doubts new raid on gold ETFs Posted: 17 Apr 2014 11:40 AM PDT 2:40p ET Thursday, April 17, 2014 Dear Friend of GATA and Gold: Market analyst Bill Holter, who writes for GATA Chairman Bill Murphy's LeMetropole Cafe and for the Miles Franklin coin and bullion dealer Internet site, speculates, as silver market analyst Ted Butler often has done, that China is the big short in silver. But more so Holter speculates that China is aggressively using its silver short position to yank the gold market down so that it might acquire more gold cheaply. Holter's commentary is headlined "My Back and Forth Yesterday with John Embry" and it's posted at the Miles Franklin site here: http://blog.milesfranklin.com/my-back-and-forth-yesterday-with-john-embr... And mining entrepreneur Keith Barron tells King World News that while central banks managed to plunder the gold exchange-traded funds last year, gold is now in strong hands and the central banks won't be able to do it again: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/17_Th... CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. ADVERTISEMENT Silver mining stock report for 2014 comes with 1-ounce silver round Future Money Trends is offering a special 18-page silver mining stock report about how to profit with the monetary and industrial metal in 2014, and it comes with a free 1-ounce silver round. Proceeds from the report's sales are shared with the Gold Anti-Trust Action Committee to support its efforts to expose manipulation in the monetary metals markets. To learn about this report, please visit: http://fmturl.com/gata/ Join GATA here: Porter Stansberry Natural Resources Conference AT&T Performing Arts Center Margot and Bill Winspear Opera House 2403 Flora St., Dallas, Texas Saturday, May 31, 2014 http://stansberrydallas.com/ Committee for Monetary Research and Education Spring Dinner Meeting Union League Club, New York City Thursday, May 22, 2014 http://www.cmre.org/news/spring-meeting-2014/ Canadian Investor Conference 2014 Vancouver Convention Centre West 1055 Canada Place, Vancouver, British Columbia Sunday and Monday, June 1 and 2, 2014 http://cambridgehouse.com/event/25/canadian-investor-conference-2014-inc... New Orleans Investment Conference Wednesday-Saturday, October 22-25, 2014 Hilton New Orleans Riverside Hotel New Orleans, Louisiana https://jeffersoncompanies.com/new-orleans-investment-conference/home * * * Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful GATA T-shirt: http://gata.org/tshirts Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 ADVERTISEMENT Buy metals at GoldMoney and enjoy international storage GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit: http://www.goldmoney.com/?gmrefcode=gata

The Elites Fear What Will Crash The Global Financial System Posted: 17 Apr 2014 09:57 AM PDT Today one of the legends in the business spoke with King World News about what the elites fear is going to crash the American economy and the global financial system. Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, also discussed the massive demand for gold from China as well as what to expect from the gold market in the future. This posting includes an audio/video/photo media file: Download Now

Banking Bail-Ins: Destroy the Depositors Posted: 17 Apr 2014 09:33 AM PDT Bail-ins are a very good thing. Burn the shareholders, and destroy the deposit savers...   SO the MONEY LENDERS didn't get thrown out of the temple again this Easter Week, writes Adrian Ash at BullionVault...   The Queen of England once more touched a few bag of silver coins...handing useless Maundy money to a small selection of her more aged subjects in an old ceremony...   And another, less ancient tradition was upheld by the European Parliament too.    Strasbourg's finest voted to confirm the €100,000 level of banking deposit insurance across the 18-nation Euro currency zone. But only that €100,000 limit. Above that, you're on your own.   So why the fuss at at cut-and-paste schlock-horror news site ZeroHedge...? "Bail-Ins Approved by EU Parliament," says a headline. "Deposits Over €100,000 Vulnerable. Coming Next in UK, US and Globally." Judging by some readers' comments, you'd think this was an evil plot by government to steal bank savers' money. Yet in truth, all bank accounts carry credit risk. Government meddling actually comes with the "deposit insurance" which the EU just confirmed.   The name gives it away. A bail-in is different from a bail-out. As the article says, it means that...instead of taxpayer money being used to rescue failed banks like in 2008..."the bank's owners and creditors will be first in line to absorb losses banks will incur, before outside sources of finance may be called upon."   Good. Excellent in fact. If a bank fails, burn the shareholders. Then destroy the creditors. It happens in every other field of business. It should happen to banks, too.    For too long, senior bank executives have relied on the promise of taxpayer rescue. So have bank creditors. Meaning you, me and everyone else with cash on deposit. It has made us lazy, and blind to risk.   When you put money into the bank, you are lending it. You don't own it anymore. So you are exposed to the bank failing. Or you should be. Yet if you hold up to €100,000 in a Eurozone bank, that money is guaranteed by government. US insurance is $250,000 and in the UK £85,000. Anything above that limit is not guaranteed. This is what the latest votes in Strasbourg confirm, as part of the much scarier "banking union" moves.    Forget the phrase "bail in". It's a new buzzword, and a silly one at that, to suggest banking failure might hurt people who aren't involved. Boo-hoo. Creditors are very involved. Money in the bank is exposed to the bank.   Fact is, you can either have price risk or credit risk. Yes, you can get one on top of the other (such as nominee brokerage accounts, structured investment products). But you can never escape them both. Make your choice, and know your risks.    Physical bullion, owned outright, carries no credit risk. This is why Bullionvault was set up. That's why you don't need or get "depositor insurance" on your gold or silver. Because you are an owner, not a depositor. So yes, you do get price risk alone when you own bullion. But we are not a bank (nor wish to be). So we must use the banking system to receive and return the cash you use to buy.   That money is on risk for the bank's solvency. The gold or silver you own isn't exposed to anyone. So if in doubt, buy bullion. Or withdraw excess funds back to your own bank account. Which you will of course have selected after thoroughly studying its risks.   Please also be sure to read this Help Page about how Bullionvault cares for unspent client money. Because the risks you take with your money are yours to know and understand. Relying on government to protect you...come what may...is precisely what caused the banking bubble and crash.   It is also what will destroy very many savers and investors in the next crash, too. Because governments are now formally, and rightly, telling creditors they are on risk.

Banking Bail-Ins: Destroy the Depositors Posted: 17 Apr 2014 09:33 AM PDT Bail-ins are a very good thing. Burn the shareholders, and destroy the deposit savers...   SO the MONEY LENDERS didn't get thrown out of the temple again this Easter Week, writes Adrian Ash at BullionVault...   The Queen of England once more touched a few bag of silver coins...handing useless Maundy money to a small selection of her more aged subjects in an old ceremony...   And another, less ancient tradition was upheld by the European Parliament too.    Strasbourg's finest voted to confirm the €100,000 level of banking deposit insurance across the 18-nation Euro currency zone. But only that €100,000 limit. Above that, you're on your own.   So why the fuss at at cut-and-paste schlock-horror news site ZeroHedge...? "Bail-Ins Approved by EU Parliament," says a headline. "Deposits Over €100,000 Vulnerable. Coming Next in UK, US and Globally." Judging by some readers' comments, you'd think this was an evil plot by government to steal bank savers' money. Yet in truth, all bank accounts carry credit risk. Government meddling actually comes with the "deposit insurance" which the EU just confirmed.   The name gives it away. A bail-in is different from a bail-out. As the article says, it means that...instead of taxpayer money being used to rescue failed banks like in 2008..."the bank's owners and creditors will be first in line to absorb losses banks will incur, before outside sources of finance may be called upon."   Good. Excellent in fact. If a bank fails, burn the shareholders. Then destroy the creditors. It happens in every other field of business. It should happen to banks, too.    For too long, senior bank executives have relied on the promise of taxpayer rescue. So have bank creditors. Meaning you, me and everyone else with cash on deposit. It has made us lazy, and blind to risk.   When you put money into the bank, you are lending it. You don't own it anymore. So you are exposed to the bank failing. Or you should be. Yet if you hold up to €100,000 in a Eurozone bank, that money is guaranteed by government. US insurance is $250,000 and in the UK £85,000. Anything above that limit is not guaranteed. This is what the latest votes in Strasbourg confirm, as part of the much scarier "banking union" moves.    Forget the phrase "bail in". It's a new buzzword, and a silly one at that, to suggest banking failure might hurt people who aren't involved. Boo-hoo. Creditors are very involved. Money in the bank is exposed to the bank.   Fact is, you can either have price risk or credit risk. Yes, you can get one on top of the other (such as nominee brokerage accounts, structured investment products). But you can never escape them both. Make your choice, and know your risks.    Physical bullion, owned outright, carries no credit risk. This is why Bullionvault was set up. That's why you don't need or get "depositor insurance" on your gold or silver. Because you are an owner, not a depositor. So yes, you do get price risk alone when you own bullion. But we are not a bank (nor wish to be). So we must use the banking system to receive and return the cash you use to buy.   That money is on risk for the bank's solvency. The gold or silver you own isn't exposed to anyone. So if in doubt, buy bullion. Or withdraw excess funds back to your own bank account. Which you will of course have selected after thoroughly studying its risks.   Please also be sure to read this Help Page about how Bullionvault cares for unspent client money. Because the risks you take with your money are yours to know and understand. Relying on government to protect you...come what may...is precisely what caused the banking bubble and crash.   It is also what will destroy very many savers and investors in the next crash, too. Because governments are now formally, and rightly, telling creditors they are on risk.

Banking Bail-Ins: Destroy the Depositors Posted: 17 Apr 2014 09:33 AM PDT Bail-ins are a very good thing. Burn the shareholders, and destroy the deposit savers...   SO the MONEY LENDERS didn't get thrown out of the temple again this Easter Week, writes Adrian Ash at BullionVault...   The Queen of England once more touched a few bag of silver coins...handing useless Maundy money to a small selection of her more aged subjects in an old ceremony...   And another, less ancient tradition was upheld by the European Parliament too.    Strasbourg's finest voted to confirm the €100,000 level of banking deposit insurance across the 18-nation Euro currency zone. But only that €100,000 limit. Above that, you're on your own.   So why the fuss at at cut-and-paste schlock-horror news site ZeroHedge...? "Bail-Ins Approved by EU Parliament," says a headline. "Deposits Over €100,000 Vulnerable. Coming Next in UK, US and Globally." Judging by some readers' comments, you'd think this was an evil plot by government to steal bank savers' money. Yet in truth, all bank accounts carry credit risk. Government meddling actually comes with the "deposit insurance" which the EU just confirmed.   The name gives it away. A bail-in is different from a bail-out. As the article says, it means that...instead of taxpayer money being used to rescue failed banks like in 2008..."the bank's owners and creditors will be first in line to absorb losses banks will incur, before outside sources of finance may be called upon."   Good. Excellent in fact. If a bank fails, burn the shareholders. Then destroy the creditors. It happens in every other field of business. It should happen to banks, too.    For too long, senior bank executives have relied on the promise of taxpayer rescue. So have bank creditors. Meaning you, me and everyone else with cash on deposit. It has made us lazy, and blind to risk.   When you put money into the bank, you are lending it. You don't own it anymore. So you are exposed to the bank failing. Or you should be. Yet if you hold up to €100,000 in a Eurozone bank, that money is guaranteed by government. US insurance is $250,000 and in the UK £85,000. Anything above that limit is not guaranteed. This is what the latest votes in Strasbourg confirm, as part of the much scarier "banking union" moves.    Forget the phrase "bail in". It's a new buzzword, and a silly one at that, to suggest banking failure might hurt people who aren't involved. Boo-hoo. Creditors are very involved. Money in the bank is exposed to the bank.   Fact is, you can either have price risk or credit risk. Yes, you can get one on top of the other (such as nominee brokerage accounts, structured investment products). But you can never escape them both. Make your choice, and know your risks.    Physical bullion, owned outright, carries no credit risk. This is why Bullionvault was set up. That's why you don't need or get "depositor insurance" on your gold or silver. Because you are an owner, not a depositor. So yes, you do get price risk alone when you own bullion. But we are not a bank (nor wish to be). So we must use the banking system to receive and return the cash you use to buy.   That money is on risk for the bank's solvency. The gold or silver you own isn't exposed to anyone. So if in doubt, buy bullion. Or withdraw excess funds back to your own bank account. Which you will of course have selected after thoroughly studying its risks.   Please also be sure to read this Help Page about how Bullionvault cares for unspent client money. Because the risks you take with your money are yours to know and understand. Relying on government to protect you...come what may...is precisely what caused the banking bubble and crash.   It is also what will destroy very many savers and investors in the next crash, too. Because governments are now formally, and rightly, telling creditors they are on risk.

Economic Outlook Darkens Posted: 17 Apr 2014 07:13 AM PDT Many decades of Keynesian-inspired economic and monetary corruption have left advanced economies with a legacy of debt and low savings. In a nutshell, that is the problem which is driving us into another financial crisis. That moment could be drawing upon us, signalled by the recent collapse in bond yields.

Gold, Silver and Stalling Economies Posted: 17 Apr 2014 07:12 AM PDT It wasn’t meant to be like this: six years of global money-printing should have guaranteed economic recovery. Until very recently, there was hope that finally the medicine was having some effect; but in the last few weeks investors have become noticeably more cautious. Is it Ukraine, or is it the slow-down in China? Whatever the story the truth is revealed in the chart of recent US bond prices shown below.

Alasdair Macleod: Economic outlook darkens Posted: 17 Apr 2014 06:50 AM PDT 9:49a ET Thursday, April 17, 2014 Dear Friend of GATA and Gold: The explosive rise in debt and the destruction of savings are government policies destroying the world economy, GoldMoney research director Alasdair Macleod writes today. As a result, he writes, the next financial crisis could be worse than 2008's. Macleod's commentary is headlined "Economic Outlook Darkens" and it's posted at GoldMoney's Internet site here: http://www.goldmoney.com/research/analysis/economic-outlook-darkens?gmre... CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. ADVERTISEMENT Jim Sinclair to hold gold market seminar in Toronto on April 26 Mining entrepreneur and gold advocate Jim Sinclair's next gold market seminar will be held from 1 to 5 p.m. Saturday, April 26, at the Pearson Hotel & Conference Centre at Toronto's Pearson International Airport, 240 Belfield Road, Toronto. For details on tickets, please visit Sinclair's Internet site, JSMineSet.com, here: http://www.jsmineset.com/2014/04/01/toronto-qa-session-announced/ Join GATA here: Porter Stansberry Natural Resources Conference AT&T Performing Arts Center Margot and Bill Winspear Opera House 2403 Flora St., Dallas, Texas Saturday, May 31, 2014 http://stansberrydallas.com/ Committee for Monetary Research and Education Spring Dinner Meeting Union League Club, New York City Thursday, May 22, 2014 http://www.cmre.org/news/spring-meeting-2014/ Canadian Investor Conference 2014 Vancouver Convention Centre West 1055 Canada Place, Vancouver, British Columbia Sunday and Monday, June 1 and 2, 2014 http://cambridgehouse.com/event/25/canadian-investor-conference-2014-inc... New Orleans Investment Conference Wednesday-Saturday, October 22-25, 2014 Hilton New Orleans Riverside Hotel New Orleans, Louisiana https://jeffersoncompanies.com/new-orleans-investment-conference/home * * * Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful GATA T-shirt: http://gata.org/tshirts Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16

Gold Prices Flat, "Consolidating" at 200-Day Average After Fed's Yellen Vows to Keep Rates Low Posted: 17 Apr 2014 06:18 AM PDT GOLD PRICES held tight around $1300 per ounce again Thursday in London, following what analysts called "a very quiet day" despite US Fed chief Janet Yellen stressing that Dollar interest rates won't be raised from zero any time soon.   "Traders are lightening positions prior to Easter," says ANZ Bank in a note.   "The comments from Yellen should have lifted gold prices," says analyst Robin Bhar at Societe Generale, "but arguably the Dollar hasn't weakened as much."   "Gold prices have been evolving within a massive flat range since last June," says a separate technical analysis from the French investment and London bullion bank.   "Short-term, gold prices should find support at $1295/90."   Yesterday saw "consolidation from Tuesday's large selloff" says SocGen's fellow London market-maker Scotia Mocatta in its technical analysis.   "The 200-day moving average for gold prices comes in around the 1300 area [and] seems to be supportive.   "Turning higher over the past month," says Scotia, the gold price's 200-day average "explains why the market has been getting comfortable with the bullish outlook."   Crude oil and base metals were also flat Thursday, while silver held near $19.60.   European stockmarkets reversed earlier losses, but US and UK government bonds ticked down.   Over in China, Shanghai gold prices ended little changed in Yuan terms, closing the day equal to London quotes in Dollar terms after a 7-week period of discounts.   Following China's sub-target GDP data this week, some rural banks saw Beijing cut the "required reserves" level of cash which they must hold back, aiming to boost lending to agricultural industries and forcing short-term interest rates sharply lower.   Gold bullion in China – the world's heaviest private consumer in 2013 – is more usually priced at a premium to London thanks to local demand vs. supply, plus import costs.   Shanghai's most active spot gold contract has now traded $3 per ounce below world prices on average since the start of March.    Here in London's bullion market today – closed for Easter from tonight until Tuesday – interest rates demanded by gold lenders reached new 8-month highs.   "Coupled with the expected tightening of US monetary policy," says today's new Gold Survey 2014 from Thomson Reuters GFMS, the market's leading consultancy, "an increased desire for gold [borrowing] may finally spark a more sustained upturn in leasing rates from their protracted period of ultra-low levels."

Gold is the world’s only ultimate asset Posted: 17 Apr 2014 06:00 AM PDT Matterhorn AM

We Again See Real Estate As Best Investment Posted: 17 Apr 2014 05:55 AM PDT The latest Gallup survey on investment preferences in the U.S. puts real estate ahead of gold and stocks for the first time in at least a few years in yet another example of how most people (at least in the U.S.) simply follow established trends. Interestingly, those favoring real estate as the best long-term investment rose [...]

Gold, Silver And The Mining Sector: Prepare For A Severe Fall Posted: 17 Apr 2014 05:26 AM PDT Background This is a distressing time for gold and silver bulls like me who are constantly on the lookout for a turnaround in the precious metals sector. I’m confident that it will come but not just yet, as a final capitulation has not taken place. On 18th November we wrote the following:

Use of gold as collateral in China is actually positive for gold, Rule tells KWN Posted: 17 Apr 2014 05:02 AM PDT 8a ET Thursday, April 17, 2014 Dear Friend of GATA and Gold: What the World Gold Council construes as negative for gold, the supposed use of the metal as collateral for commodity loans in China, is actually bullish, Sprott Asset Management's Rick Rule tells King World News. "A whole class of creditors and debtors in China believes that gold is good security," Rule says. "There are a lot of other assets they could have used for good security, such as U.S. Treasuries. One suspects that China has enough U.S. Treasuries already and that an alternate asset class is what is required to effect the financial transaction." An excerpt from Rule's interview is posted at the KWN blog here: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/16_Cr... CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. ADVERTISEMENT Buy metals at GoldMoney and enjoy international storage GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit: http://www.goldmoney.com/?gmrefcode=gata Join GATA here: Porter Stansberry Natural Resources Conference AT&T Performing Arts Center Margot and Bill Winspear Opera House 2403 Flora St., Dallas, Texas Saturday, May 31, 2014 http://stansberrydallas.com/ Committee for Monetary Research and Education Spring Dinner Meeting Union League Club, New York City Thursday, May 22, 2014 http://www.cmre.org/news/spring-meeting-2014/ Canadian Investor Conference 2014 Vancouver Convention Centre West 1055 Canada Place, Vancouver, British Columbia Sunday and Monday, June 1 and 2, 2014 http://cambridgehouse.com/event/25/canadian-investor-conference-2014-inc... New Orleans Investment Conference Wednesday-Saturday, October 22-25, 2014 Hilton New Orleans Riverside Hotel New Orleans, Louisiana https://jeffersoncompanies.com/new-orleans-investment-conference/home * * * Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful GATA T-shirt: http://gata.org/tshirts Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 ADVERTISEMENT Silver mining stock report for 2014 comes with 1-ounce silver round Future Money Trends is offering a special 18-page silver mining stock report about how to profit with the monetary and industrial metal in 2014, and it comes with a free 1-ounce silver round. Proceeds from the report's sales are shared with the Gold Anti-Trust Action Committee to support its efforts to expose manipulation in the monetary metals markets. To learn about this report, please visit: http://fmturl.com/gata/

Asia takes every ounce West unloads but gold will fall for two years, GFMS says Posted: 17 Apr 2014 04:54 AM PDT Gold Price Likely to Average $1,225 in 2014 as Investors Shy Away: GFMS By Ben Kilbey Platt's Metals Daily Thursday, April 17, 2014 http://www.platts.com/latest-news/metals/london/gold-price-likely-to-ave... LONDON -- A lack of investment interest in gold is starting to take its toll on the price, with an average of $1,225/oz forecast for 2014 and heading lower in 2015, GFMS said Thursday in its Gold Survey 2014. The price forecast is 13% lower than the 2013 average of $1,411.23/oz. "The price is expected to post 2014 lows in mid-year, with a fundamentally driven rally thereafter, but this is likely to peter out in early 2015," the Thomson Reuters/GFMS survey read. Despite the "heavy visible sales from Exchange Traded Funds, driving a 25% price fall in the second quarter [of 2013], OTC investors were net buyers in 2013, notably in East Asia and the Middle East," the report read. ... Dispatch continues below ... ADVERTISEMENT Buy precious metals free of value-added tax throughout Europe Europe Silver Bullion is a fast-growing dealer sourcing its products from renowned mints, refiners, and distributors. Because of a legal loophole that will close soon, you can acquire the world's most popular bullion coins free of value-added tax throughout the European Union. You can collect your order in person at our headquarters in Tallinn, Estonia, or have it delivered in any of the 28 EU countries. Europe Silver Bullion is owned and operated by North American and European experts in selling, storing, and transporting precious metals. We have an extensive product inventory of silver, gold, platinum, and palladium, and our network spans the world. Visit us at www.europesilverbullion.com. Physical demand -- including official sector purchases -- came in at an all-time high in 2013 at 4,957 mt -- "a 15% increase over 2012 and some 703 mt higher than the supply of new gold and scrap" during the year. "While demand is forecast to outstrip new gold plus scrap supply in 2014, the market is expected to be closer to fundamental balance than last year." Rhona O'Connell, head of metals, GFMS research, and forecasts at Thomson Reuters, pointed out that ETF holdings peaked at 2,698 mt at the start of 2013 and fell by 880 mt over the year, for a net dollar outflow of $40 billion, while gold inventories on the major exchanges fell by 99 mt, "so these sources between them released not far short of 1,000 mt into the market last year." Still, the analyst pointed out that, "this was easily absorbed by the voracious appetites in East Asia and the Middle East. As a result, metal flowed rapidly out of North America and the United Kingdom and much went through Swiss refineries for recasting from London Good Delivery -- 400 oz bars -- into smaller products favored by Asian investors." Bar investment in Asia "rocketed by 43%, rising to 1,060 mt, from 740 mt in 2012, contributing to the global increase of 341 mt. Investment-grade jewellery gained 21% -- or 326 mt -- in the region, comprising the bulk of the 362 mt gain on a worldwide basis." Looking at price action, O'Connell said that fundamentals point to a trading range of $1,200-$1,300/oz in the short term. "There is however a distinct possibility of a slump towards $1,100, while as the year unfolds, seasonal strengthening physical demand could then propel prices towards $1,400 again. Investor appetite is not strong, however, and without this important element the price is expected to resume a downward course in 2015," she said. * * * Join GATA here: Porter Stansberry Natural Resources Conference AT&T Performing Arts Center Margot and Bill Winspear Opera House 2403 Flora St., Dallas, Texas Saturday, May 31, 2014 http://stansberrydallas.com/ Committee for Monetary Research and Education Spring Dinner Meeting Union League Club, New York City Thursday, May 22, 2014 http://www.cmre.org/news/spring-meeting-2014/ Canadian Investor Conference 2014 Vancouver Convention Centre West 1055 Canada Place, Vancouver, British Columbia Sunday and Monday, June 1 and 2, 2014 http://cambridgehouse.com/event/25/canadian-investor-conference-2014-inc... New Orleans Investment Conference Wednesday-Saturday, October 22-25, 2014 Hilton New Orleans Riverside Hotel New Orleans, Louisiana https://jeffersoncompanies.com/new-orleans-investment-conference/home * * * Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful GATA T-shirt: http://gata.org/tshirts Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 ADVERTISEMENT Safe and Private Allocated Bullion Storage In Singapore Given the increasing risks in financial markets, it is more important than ever to own physical bullion coins and bars and to store them in the safest vaults in the world in the safest jurisdictions in the world. Gold advocates Jim Sinclair and Marc Faber have recommended Singapore. Now, with GoldCore, you can own coins and bars in fully insured, segregated, and allocated accounts in Singapore with the ability to take delivery. Learn more by downloading GoldCore's Essential Guide To Storing Gold In Singapore: http://info.goldcore.com/essential-guide-to-storing-gold-in-singapore And for more information call Daniel or Sharon at +44 203 0869200 in the United Kingdom or at +1-302-635-1160 in the United States. Or email them at info@goldcore.com.

Paper gold falls in West but premium for real metal jumps in India Posted: 17 Apr 2014 04:46 AM PDT Official Gold Supply Dries Up Further Hawala Premium Crosses 4% as Akshay Tritiya Boosts Demand; Spot Delivery Premium also Doubles By Rajesh Bhayan Business Standard, New Delhi Wednesday, April 16, 2014 http://www.business-standard.com/article/markets/official-gold-supply-dr... MUMBAI -- The premium for getting spot delivery for gold in the Indian market jumped to $70 an ounce from $35 a couple of days earlier, with a sudden scarcity. While the trade is facing a scarcity of gold in official channels due to lower imports by private banks, the increase in demand in the unofficial market resulted in the hawala market premium crossing four per cent from 2.75-3 per cent a few days earlier and 2-2.25 per cent a month before, said a source in the Kolkata market, where smuggled gold inflow is said to be higher. Recently, gold spot premiums were on a downward trajectory due to permission to five private banks to import gold. However as the new financial year had begun, a private bank bullion desk official said quarterly and yearly targets were being fixed, which is why their import was limited. ... Dispatch continues below ... ADVERTISEMENT Safe and Private Allocated Bullion Storage In Singapore Given the increasing risks in financial markets, it is more important than ever to own physical bullion coins and bars and to store them in the safest vaults in the world in the safest jurisdictions in the world. Gold advocates Jim Sinclair and Marc Faber have recommended Singapore. Now, with GoldCore, you can own coins and bars in fully insured, segregated, and allocated accounts in Singapore with the ability to take delivery. Learn more by downloading GoldCore's Essential Guide To Storing Gold In Singapore: http://info.goldcore.com/essential-guide-to-storing-gold-in-singapore And for more information call Daniel or Sharon at +44 203 0869200 in the United Kingdom or at +1-302-635-1160 in the United States. Or email them at info@goldcore.com. Gold prices in India were unaffected by the sudden sharp fall on Tuesday in the international market. In India, apart from the 10.3 per cent import duty, the premium for physical delivery is also counted and when the prices were falling on Tuesday evening Indian time, the premiums here were rising. On Tuesday, international gold prices fell by three per cent in two hours. In the spot market here, the jump in premium to around $70 an ounce had continued on Wednesday. This artificially high price has not allowed buyers of gold to get the benefit of price correction. Trade sources say there is a shortage in the official channels with the rise in seasonal demand due to Akshay Tritiya, coming on May 2. The price in the spot market close on Wednesday at Rs 29,710 per 10g, compared to Tuesday's close of Rs 29,680. Rajiv Popley, director of Popley & Sons, said: "High premium, along with shortage of gold, is a big hurdle. We have orders for meeting demand for Akshay Tritiya but gold is not available. The scarcity in official channels creates unfair advantage for unorganised players." He said for their jewellery business in Dubai, they get gold by paying a delivery premium of only $1.2 an ounce, compared to $70 in India. After several curbs, Indian market has fallen prey to a cartel-like situation, where only a few are importing. The result is scarcity. Trade circles say any relaxation in import curbs is likely only after Akshay Tritiya and a new government in place. * * * Join GATA here: Porter Stansberry Natural Resources Conference AT&T Performing Arts Center Margot and Bill Winspear Opera House 2403 Flora St., Dallas, Texas Saturday, May 31, 2014 http://stansberrydallas.com/ Committee for Monetary Research and Education Spring Dinner Meeting Union League Club, New York City Thursday, May 22, 2014 http://www.cmre.org/news/spring-meeting-2014/ Canadian Investor Conference 2014 Vancouver Convention Centre West 1055 Canada Place, Vancouver, British Columbia Sunday and Monday, June 1 and 2, 2014 http://cambridgehouse.com/event/25/canadian-investor-conference-2014-inc... New Orleans Investment Conference Wednesday-Saturday, October 22-25, 2014 Hilton New Orleans Riverside Hotel New Orleans, Louisiana https://jeffersoncompanies.com/new-orleans-investment-conference/home * * * Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful GATA T-shirt: http://gata.org/tshirts Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 ADVERTISEMENT Buy precious metals free of value-added tax throughout Europe Europe Silver Bullion is a fast-growing dealer sourcing its products from renowned mints, refiners, and distributors. Because of a legal loophole that will close soon, you can acquire the world's most popular bullion coins free of value-added tax throughout the European Union. You can collect your order in person at our headquarters in Tallinn, Estonia, or have it delivered in any of the 28 EU countries. Europe Silver Bullion is owned and operated by North American and European experts in selling, storing, and transporting precious metals. We have an extensive product inventory of silver, gold, platinum, and palladium, and our network spans the world. Visit us at www.europesilverbullion.com.

Conspiracy fact: Top central bankers meet secretly every six weeks at BIS Posted: 17 Apr 2014 04:31 AM PDT The Eroding Power of Central Banks By Michael Sauga and Anne Seith Der Spiegel, Hamburg, Germany Wednesday, April 16, 2014 Since the financial crisis, central banks have slashed interest rates, purchased vast quantities of sovereign bonds, and bailed out banks. Now, though, their influence appears to be on the wane with measures producing paltry results. Do they still have control? Once every six weeks, the most powerful players in the global economy meet on the 18th floor of an ugly office building near the train station in the Swiss city of Basel. The group includes United States Federal Reserve Chair Janet Yellen and her counterpart at the European Central Bank, Mario Draghi, along with 16 other top monetary policy officials from Beijing, Frankfurt, Paris, and elsewhere. The attendees spend almost two hours exchanging views in a debate chaired by Bank of Mexico Governor Agustín Carstens. Waiters serve an exquisite meal and expensive wine as the central bankers talk about the economy, growth and market prices. No one keeps minutes, but the world's most influential money managers are convinced that the meetings help expand their knowledge in important ways. "We learn what makes our counterparts tick," says one attendee. ... Dispatch continues below ... ADVERTISEMENT Silver mining stock report for 2014 comes with 1-ounce silver round Future Money Trends is offering a special 18-page silver mining stock report about how to profit with the monetary and industrial metal in 2014, and it comes with a free 1-ounce silver round. Proceeds from the report's sales are shared with the Gold Anti-Trust Action Committee to support its efforts to expose manipulation in the monetary metals markets. To learn about this report, please visit: http://fmturl.com/gata/ These closed-door meetings, which are held on Sunday evenings, have a long tradition. But ever since many central banks lowered their interest rates to almost zero, bought up sovereign debt and rescued banks, a new, critical undertone has crept into the dinner conversations. Monetary experts from emerging economies complain that the measures taken by Europeans and Americans are pushing unwanted speculative money their way. Western central bankers say they have come under growing political pressure. And recently, when the host of the meetings -- head of the Basel-based Bank for International Settlements Jaime Caruana -- speaks in one of his rare public appearances, he talks about "chronic post-crisis weakness" and "risk." Monetary institutions, says Caruana, are at "serious risk of exhausting the policy room for manoeuver over time." These are unusual words, especially now that the world's central bankers, five years after the Lehman crash, are more powerful than ever. They set interest rates and control the money supply, oversee governments and banks and, like Bank of England Governor Mark Carney, are treated a bit like movie stars by the public. ... ... For the full story: http://www.spiegel.de/international/business/central-banks-ability-to-in... * * * Join GATA here: Porter Stansberry Natural Resources Conference AT&T Performing Arts Center Margot and Bill Winspear Opera House 2403 Flora St., Dallas, Texas Saturday, May 31, 2014 http://stansberrydallas.com/ Committee for Monetary Research and Education Spring Dinner Meeting Union League Club, New York City Thursday, May 22, 2014 http://www.cmre.org/news/spring-meeting-2014/ Canadian Investor Conference 2014 Vancouver Convention Centre West 1055 Canada Place, Vancouver, British Columbia Sunday and Monday, June 1 and 2, 2014 http://cambridgehouse.com/event/25/canadian-investor-conference-2014-inc... New Orleans Investment Conference Wednesday-Saturday, October 22-25, 2014 Hilton New Orleans Riverside Hotel New Orleans, Louisiana https://jeffersoncompanies.com/new-orleans-investment-conference/home * * * Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful GATA T-shirt: http://gata.org/tshirts Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: http://gata.org/node/wallstreetjournal Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 ADVERTISEMENT Buy metals at GoldMoney and enjoy international storage GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit: http://www.goldmoney.com/?gmrefcode=gata

Copper Is Pathological and Suffers from SAD, but It Has Value Posted: 17 Apr 2014 02:50 AM PDT Dr. Copper may be in a supercycle, but there are serious problems. In this interview with The Gold Report, Salman Partners' Vice President of Commodity Economics Raymond Goldie explains why even though the base metal acts pathologically and has a bad case of seasonal affective disorder, these six equities are priced below their intrinsic value. The Gold Report: You are giving a presentation at the Society for Mining, Metallurgy & Exploration Current Trends in Mining Finance Conference called Diagnosing the Doctor, which refers to assessing the supply and demand problems for Dr. Copper as a way to understand what is ailing all the mining products today. Are we in a supercycle? What is the meaning of a sustainable supercycle?

Even The US Government Will Abandon the U.S. Dollar Posted: 17 Apr 2014 02:29 AM PDT For millions it is already too late. They won't realize the geopolitical winds which are now blowing.  Off in their own lala land, the average American will be focused on sports, celebrities, what the right amount of stealing (taxes) in society is, gay rights, which foreign countries "we" should bomb next, the first woman president, and so on and so forth, while their livelihoods are sacrificed in the name of the US government.

'I invested in gold three years ago and lost 70pc - should I sell?' Posted: 17 Apr 2014 02:20 AM PDT Both the bullion price and gold mining shares have suffered significant losses since 2011. Time to sell? This posting includes an audio/video/photo media file: Download Now

Gold - Coming Super Bubble Posted: 17 Apr 2014 01:50 AM PDT By Louis James, Chief Metals & Mining Investment Strategist In many of my conversations with legendary speculator Doug Casey since the crash of 2008, Doug has talked about a coming super-bubble. Everything Doug has studied about human nature, history, and economicsâ€"from Roman times right up to the presentâ€"has him absolutely convinced that the global economy is headed for high inflation, with a very real potential for hyperinflation in the US.

How Silver is Making a Slow Recovery in 2014 Posted: 17 Apr 2014 01:17 AM PDT This article is submitted by Emma Thomson.  After 2013's volatile year for silver and gold prices, investors are watching the price per ounce of the two metals carefully. Much has been made of gold's crashing prices, but silver also dropped more than a third (36%) in 2013 from $30 per ounce to less than $20. At the start of this year, analysts were divided over silver's prospects for 2014. A quarter of the year in and silver has yet to really pick up, still hovering around the $20 mark, while gold has recovered from the end of 2013 and is up nearly 17%. So why is silver lagging behind, and can it make a full recovery this year? US inflation rocks the boat Inflation in the US has boosted the price of gold in an upwards trend that is likely to continue for the rest of the year. However, uncertainty in the US economy as a whole is having a positive impact on the price of both gold and silver. This nervousness has been sparked by a number of factors influenced by the US government. Firstly the US Federal Reserve has announced that it will reduce its quantitative easing program; although this is a response to the growing economy this action is likely to have a negative impact in the short term on the stock market as uncertainty increases. It is likely that investors will ward off this uncertainty by buying gold and silver, pushing the price of these investments up this year. Secondly, the US Labor Department has announced that jobless claims have dropped to their lowest point in seven years, pointing to increased recovery in the US employment market and the economy. Again this led to stock markets tumbling on April 10, and in response silver prices rose 2% before closing at $20.14 an ounce. In addition to these factors, as the US economy grows, industrial demand for silver could also pick up meaning more investors will turn to the metal as a safe place for their money. European tensions It's not just the US economy which impacts silver prices. Tensions between Russia and Ukraine over the last few months have affected both gold and silver prices. Uncertainty in the area has led to investors putting their trust in traditionally solid buys such as silver and gold, in search of better protection should war break out. It seems unlikely that the conflict will develop any further at the moment, but investors are seeking out safe places just in case an international incident breaks out. Demand from emerging markets Strong emerging markets such as China and India will always have an impact on gold and silver. Asian markets, with their cultural appreciation of gold, will always boost the growth of gold prices regardless of the situation in the rest of the world. Perhaps more surprisingly, both China and India are also increasing the amount of silver they are importing, with Indian demand for silver increasing to such an extent last year that market analysts expect prices to rise if demand from emerging markets continues on the same scale. Supply issues The dip in gold and silver prices in 2013 was in part attributed to the lack of supply in gold which caused uncertainty in the traditionally solid buy. While shipments from Africa and China have meant that investors are confident there will be enough gold bullion for trading this year, silver is less in demand. Silver mining costs in 2013 just about equaled the price per ounce, making it unprofitable for mine owners. If the price stays below the cost of production, it's likely that supply will soon fail to keep up with demand. As the amount of available silver drops, this in turn will push up the prices towards the end of the year. Is 2014 a good time to invest in silver? With silver prices looking to recover somewhat in 2014, led by the buoyant US economy, European uncertainty and steady demand from emerging markets, investors would be wise to consider silver in the next 12 months. There are a number of ways to invest in silver, with one of the most popular ways to access the market through Exchange Traded Funds (ETF). This is suitable for investors who want exposure to the market but don't want to have silver in their possession, either because of convenience or security concerns. By taking financial advice from a specialist broker, investors can trade in the same way as equities and buy shares in a silver bullion trust. Alternatively, buying silver remains popular as 2013 saw the largest increase in demand for jewelry in 16 years. If possessing the physical metal is part of the attraction of silver, then silver bullion is widely available, although it must obviously be securely stored and insured, and it will need to be converted back into cash when sold. Another option is to buy shares in silver mining stock. Some knowledge of markets could be valuable in this situation but this will often yield the greatest capital returns. Add silver to your portfolio Whichever option you choose, following the gold and silver price per ounce is an easy way to monitor your investment. With both precious metals looking to make a recovery this year, 2014 could be a great time to add silver to your portfolio.   References Where are silver prices headed in 2014 after dreadful 2013 Accessed April 13, 2014 Why the Gold Price Per Ounce is Rebounding in 2014 Accessed April 13, 2014 Learn to invest Accessed April 13, 2014 Factors that would impact Silver prices in 2014: Ventura Accessed April 13, 2014 How do I Buy Gold and Silver? Accessed April 13, 2014 Financial guides and literature Accessed April 13, 2014 Silver Prices Move Higher Amid Stock Market Sell-Off, Dovish Fed Accessed April 13, 2014 Silver Prices Heading Lower As Bears Tighten Their Grip Accessed April 13, 2014 Gold Demand Trends Full Year 2013 Accessed April 13, 2014 Learn the Basics of Investing Accessed April 13, 2014 Silver investment options Accessed April 13, 2014

GOLD Elliott Wave Down D Wave Posted: 17 Apr 2014 01:17 AM PDT On Gold we presented  a triangle idea few weeks back, with wave C rally up to 1380/1400 resistance area. Market sold of sharply from that levels  in March and it seems that price is ready to continue lower in April as current decline looks impulsive, labeled as wave (a). With that said, we suspect that wave D will fall down to around 1240/1270 zone after a completed sub-wave (b) that may look for a top formation in the next week or two in 1320/1360 area.

Three Variables to Consider Before Investing in Gold Posted: 17 Apr 2014 01:11 AM PDT George Leong writes: While there continue to be many gold bugs out there, I’m not one of them—but I do see gold as a trading opportunity. Given what we have seen so far and looking ahead, I just don’t see gold as a buy-and-hold strategy at this time. Yes, there’s money to be made, but it’s going to be for traders only.

We Again See Real Estate As Best Investment Posted: 16 Apr 2014 05:00 PM PDT The latest Gallup survey on investment preferences in the U.S. puts real estate ahead of gold and stocks for the first time in at least a few years in yet another example of how most people (at least in the U.S.) simply follow established trends.

Americans Sold on Real Estate as Best Long-Term Investment Posted: 16 Apr 2014 03:19 PM PDT By Rebecca Riffkin Americans today are more likely to think real estate is the best option for long-term investments than in the past, ranking it ahead of gold and stocks. These results are from Gallup’s April 3-6 Economy and Personal Finances poll that asked Americans to choose the best option for long-term investments: [...]

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