A unique and safe way to buy gold and silver 2013 Passport To Freedom Residency Kit
Buy Gold & Silver With Bitcoins!

Tuesday, January 19, 2016

Gold World News Flash

Gold World News Flash

Gold Deficits and T-Bond Fantasies

Posted: 18 Jan 2016 11:01 PM PST

Fantasy #1:  My name is John Q. Public.  I live a good life, make lots of money (never mind how) and have debts such as a mortgage on a great house – $375,000, a Cessna – $150,000 (my air...

{This is a content summary only. Click on the blog title to continue reading this post, share your comments, browse the website, and more!}

Jim Rogers Discusses State of Global Economy “It’s Going to Get Worse Than 2008″

Posted: 18 Jan 2016 10:01 PM PST

from RTQuestionMore:

With Gold and Silver Smashed Below Their Respective 200 Day Moving Averages On the Heels of the FOMC Statement, Alasdair Macleod Joins the Show to Discuss All the Action.

Oil Crashing! Stock Markets Crashing! Global Economic Collapse!

Posted: 18 Jan 2016 08:00 PM PST

What’s Eroding the Middle Class?

Posted: 18 Jan 2016 07:30 PM PST

from Charles Hugh Smith:

The erosion of a self-employed, independent middle class was an important pre-condition for the collapse of Rome and the French Revolution.

I have devoted many blog posts to the erosion of the middle class, for the specific reason that when the middle class–the layers of the economy between the Power Elites and landless laborers/state dependents–erodes away, the nation/empire is destabilized and descends into crisis.

A society without a functioning middle layer of economic and social activity is not stable, though repression can mask this for a time.

As historian Peter Turchin explained in his book War and Peace and War: The Rise and Fall of Empires, societies that lose the cohesion needed for concerted, collective action collapse, either by failing to meet an external threat or from internal conflicts.

Economies constructed of a supremely wealthy elite, a thin layer of independent artisans and small farmers, and a great mass of laborers with no assets has no shared sense of identity or purpose; those at the bottom have little in common with those at the top, and the thin middle that is scraping by has little affinity with either the elite above or the poverty-stricken below.

This erosion of a self-employed, independent middle class was an important pre-condition for the collapse of Rome and the French Revolution.

As I have outlined in some detail, the middle class in the U.S. is eroding: the lifestyle that was widely accessible to a broad swath of households in the 1960s is now only available to the top 10% below the wealthy (the top 5%). This includes not just possessions like a home or vehicle but productive assets that can be handed down to the next generation.

As it stands now, many households that consider themselves “middle class” have few if any productive assets, and even fewer will have any assets to pass on to the next generation as their retirement and other expenses may well consume much of whatever assets they currently own.

Read More @ Charleshughsmith.blogspot.com

image: Detroit: rookiemag.com

THIS IS IT. COLLAPSE IS HERE. — BILL HOLTER

Posted: 18 Jan 2016 07:10 PM PST

by SGT, SGT Report.com:

Bill Holter from JS Mineset joins us to cover the unfolding global economic collapse. “This is it. We’re watching the meltdown. This is history being made.” Bill says.

Holter explains, “The Fed has lied themselves into a corner. They raised rates and here we are a month later, the system is imploding and they have no bullets left. They are going to have to do QE4, they are going to have to do negative interest rates.”

In one of the most shocking interviews we have ever done Bill concludes, “I believe this is it. The margin call, the meltdown, we’re watching it in real time… I guess the best way to look at where we are right now is, we’re standing at the gates of Hell.”

The American Revolution - The Sequel

Posted: 18 Jan 2016 07:00 PM PST

Submitted by Jeff Thomas via InternationalMan.com,

The US is the most observed country in the world. Since it’s the world’s current empire (and since it is beginning its death throes as an empire), it’s fascinating to watch.

Those of us outside of the US watch it like Americans watch TV. It’s like a slow-motion car wreck that we observe almost daily, eager to see what’s going to happen next. We criticise the madness of it all, yet we can’t take our eyes off the unfolding drama. It has all the excitement of a blockbuster movie.

  • The national debt is, by far, the highest of any country in history.
  • The economic system is a house of cards, getting shakier every day.
  • The government has become mired in progress-numbing fascism and increasing collectivism.
  • The government is aggressively creating the world’s most organized police state.
  • The majority of the population have become wasteful, spendthrift consumers who apathetically hope that their government will somehow solve their problems.
  • The media consistently misrepresents international events, prodding the citizenry into accepting that the ongoing invasion of multiple other countries is essential.
  • The most popular candidates for president (both parties) are the candidates that are the most egotistical, out-of-control blowhards who preach provocative rhetoric rather than real solutions.

Still, most Americans retain the hope that, somehow, it will all work out.

Hope Is a Desire, Not a Plan

There are growing numbers of Americans who have accepted that the US is unravelling rapidly and is headed for a social, economic, and political collapse of one form or another. Some talk of a new revolution (but hopefully a peaceful one, of the Tea Party sort). Some imagine that, if they can store enough guns and ammunition in their homes, they might be able to make a stand against government authorities. Others mull over the idea of organised secession by some of the states. A small, but growing, number are quietly leaving for more promising destinations.

Except for the last of these, most of the “hopes” are understandable, but any attempt at a “Second American Revolution” is unlikely to succeed.

Why? Well, just for a start,

  • The power of the US state is far greater than that of King George III in the late eighteenth century.
  • The present US state would be fighting on its own ground, not some continent thousands of miles across the ocean.
  • The US state is committed to the concept that it dealt definitively (and forever) with the concept of secession between 1861 and 1865.

But, for the sake of argument, let’s say that a breakup of the union, or complete removal and replacement of the government were possible in the US. What then?

Well, unfortunately, here comes the really bad news for those who hope that the US could start over as the free nation it was in its infancy:

  • In the late eighteenth century, America was a largely agrarian collection of colonies. Colonists had to work hard just to survive, so the work ethic and self-reliance were paramount in the colonists’ makeup. They were a brave people who were accustomed to providing for themselves and physically fighting off those who would challenge them.
  • Colonists received no significant largesse from the British or local governments. No welfare, no social security, no Medicare or Medicaid, no benefits of any kind.
  • Colonists made their own daily decisions. They had no government schools or media telling them what to think or what choices to make. They relied on common sense and self-determination to guide their decisions and actions.

Today, of course, the opposite is true. Less than 2% of Americans are involved in agriculture. A mere 9% are actually employed in the production of goods. They are rarely directly involved in their own physical protection (Most, if not all, combat is overseas and fought by defence contractors or those who voluntarily serve the military).

Most Americans receive benefits of one type or another from their government. Most recipients regard these benefits as “essential” and could not get by without them.

Most Americans receive their opinions from the media. Although this is not apparent to many Americans, it’s glaringly clear to those outside the US who can only shake their heads at the misinformation proffered by the US media and the wholesale acceptance of this “alternate reality” by so many Americans.

But what bearing does this have on what the future would be for Americans if they were to become determined enough to either remove their entire government or, alternatively, for some states to secede?

There have been many revolutions in the history of the world, both peaceful and otherwise. In the case of the American Revolution of 1776, the colonists themselves were largely self-contained as a people and possessed the ideal ethos to succeed as a productive country. But this has rarely been true in history. Whenever a people have been heavily dependent on the State in one way or another, they had become accustomed to receiving largesse at the expense of others. This is a major, major factor. Such a group is unlikely in the extreme to either produce or elect a Washington or a Jefferson. They almost always choose, instead, to fall in behind someone who promises largesse from the State. In choosing such leaders, the people are more likely to receive a Robespierre or a Lenin. Out of the frying pan and into the fire.

The pervasive difficulty here lies in the erroneous concept that there can be a return to freedom whilst maintaining the dependency upon largesse from the State. The two are mutually exclusive. Those who seek a return to greater freedom must also accept that “freedom for all” means an end to the State being empowered to steal from one person in order to give to another.

Or, as stated by Frédéric Bastiat in the mid-nineteenth century, “Government is the great fiction, through which everybody endeavours to live at the expense of everybody else.”

Whether the US continues on its present downward progression, or if it breaks free in a bid for greater freedom, the eventual outcome is likely to have more to do with the collectivist mindset of the majority than with the libertarian vision of a few.

Unfortunately there’s little any individual can practically do to change the trajectory of this trend in motion. The best you can and should do is to stay informed so that you can protect yourself in the best way possible, and even profit from the situation.

We think everyone should own some physical gold. Gold is the ultimate form of wealth insurance. It’s preserved wealth through every kind of crisis imaginable. It will preserve wealth during the next crisis, too.

But if you want to be truly “crisis-proof” there's more to do…

Most people have no idea what really happens when an economy collapses, let alone how to prepare…

How will you protect your savings and yourself in the event of an economic crisis? This just-released PDF guide Surviving and Thriving During an Economic Collapse will show you exactly how. Click here to download the PDF now.

 

PEAK GOLD — Geologist & CEO, Wade Hodges

Posted: 18 Jan 2016 06:50 PM PST

by SGT, SGT Report.com:

As criminal governments continue to burn fiat currencies to the ground, there will be a return to PHYSICAL GOLD as money – at the exact same time it’s getting harder and harder to find. Wade Hodges, the renowned geologist and CEO of Nevada Exploration, Inc. joins me to discuss the harsh realities of searching for PHYSICAL gold in a peak gold world. Despite record spending on finding gold in recent years, production of the world’s most valuable monetary asset continues to fall. But this geologist – who has already found 30 MILLION ounces of the yellow metal in his career – has a few tricks up his sleeve that may just lead him to the mother lode.

NOTE For a good laugh, compare the 30 million ounces of gold Wade Hodges has discovered in his lifetime, to that of Discovery channel's Gold Rush "prospector" Todd Hoffman. Click HERE.

Yuan Slides After Quadruple Whammy China Data Miss: GDP Both Matches And Misses

Posted: 18 Jan 2016 06:05 PM PST

Following China's growth slowing to 1999 levels in Q3 (but beating expectations with the mirage of a mysteriously large drop in the deflator), all eyes were on tonight's data, most notably the deflator (especially following the trade data debacle from last week). The quadriga struck at 2100ET with Industrial Production +5.9% (MISS vs +6.0% YoY expectations), Retail Sales +11.1% (MISS vs +11.3% YoY expectations), Fixed Asset Investment +10.0% (MISS vs +10.2% YoY expectations), and then the big kahuna Q4 GDP growth +6.8% (MISS vs +6.9% YoY expectations). China, US equities were higher going in but faded quickly on the miss only to be rescued higher again. Offshore Yuan is fading.

Someone leaked it 5 minutes early:

  • CHINA 2015 REAL GDP +6.9% VS 2014 +7.3%; EXP. 6.9%

And while the full year real GDP print was indeed inline with the 6.9% consensus, it was the Q4 number that was disappointing missing the 6.9% expectation by 0.1%

  • CHINA 4Q GDP GROWS 6.8% FROM YEAR EARLIER; EST. 6.9%

As Bloomberg notes this was only the first time that China's quarterly GDP has missed the forecast since early 2013.

 

Industrial Production

  • *CHINA DEC. INDUSTRIAL OUTPUT RISES 5.9% ON YEAR; EST. 6.0%

 

Retail Sales

  • *CHINA DEC. RETAIL SALES RISE 11.1% ON YEAR; EST. 11.3%

 

Fixed Asset Investment

  • *CHINA 2015 FIXED-ASSET INVESTMENT RISES 10% Y/Y; EST. 10.2%

 

Dow futures were rallying confidently into the numbers (on the back suddeny JPY weakness following Kuroda's appearance in The Diet)... but started to fade on the quadruple whammy miss only to be rescued back higher again... and now fading...

 

Offshore Yuan is extending losses but only marginally.

 

Gold bid, crude slid...

 

And just in case you question any of this:

  • *CHINA STATS BUREAU HEAD SAYS 6.9% GROWTH NOT LOW
  • *CHINA'S GDP CALCULATION IS BASED ON SOLID DATA: NBS WANG

Charts: Bloomberg

The SECRET Slush Fund That Controls It All: The Exchange Stabilization Fund and Its History – Part 1

Posted: 18 Jan 2016 06:00 PM PST

from Market Skeptics:

It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA’s black budget, and is the architect of the world’s monetary system (IMF, World Bank, etc). Read More @ MarketSkeptics.com

Rising rates risk debt disaster for U.S. government, Turk tells KWN

Posted: 18 Jan 2016 04:49 PM PST

7:48p ET Monday, January 18, 2016

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, a consultant to GATA, tells King World News today that the Federal Reserve's raising interest rates will risk a debt disaster for the U.S. government, which in turn will undermine confidence in the U.S. dollar, which, he says, is not immune to the similar dangers facing other currencies. An excerpt from Turk's interview is posted at the KWN blog here:

http://kingworldnews.com/worldwide-crash-gaining-momentum-but-the-real-t...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


ADVERTISEMENT

Silver Coins and Rounds with Employee Pricing and Free Shipping

Grab your Silver Starter Kit at cost from Money Metals Exchange, the company named "Precious Metals Dealer of the Year" by industry ratings group Bullion Directory.

Simply go to MoneyMetals.com and type "GATA" in the radio box at the top of the page.

This special silver offer contains 4 ounces of silver coins and rounds in the most popular 1-ounce, half-ounce, and 10th-ounce forms. Claim yours now, because GATA readers get employee pricing and free shipping.

So go to --

http://MoneyMetals.com

-- and type "GATA" in the radio box at the top of the page.


Join GATA here:

Vancouver Resource Investment Conference
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
Sunday-Monday, January 24-25, 2016

http://cambridgehouse.com/event/49/vancouver-resource-investment-confere...

Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:

https://jeffersoncompanies.com/landing/2014-av-powell

Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's 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

Battered gold miners mount charm offensive to sell executive pay

Posted: 18 Jan 2016 04:35 PM PST

By Susan Taylor and Nicole Mordant
Reuters
Monday, January 18, 2016

Gold mining companies are running a charm offensive with their biggest shareholders on the thorny issue of executive pay, keen to hold onto investors angry about ongoing generous compensation after four years of dire stock returns.

Stung by a reprimand from disgruntled shareholders in proxy votes last year, some miners are meeting investors earlier than ever to win support for compensation plans months ahead of spring "say-on-pay" votes.

Largely abandoned by generalist funds after a 44 percent drop in gold prices and 70 percent slump in stock values since 2011, the mining firms are desperate to avoid a further exodus of sector-focused funds.

"If you have say-on-pay votes against you and ... you're unwilling to change, people vote with their feet," said London-based Jamie Horvat, who manages the $1.5 billion Vanguard Precious Metals and Mining Fund.

In Canada, home to more large gold producers than any other country, at least three big miners began talking to shareholders last fall about 2016 executive pay, some six months ahead of when miners typically visited investors in past years -- if at all -- with pay plans.

Mining executives are generally well paid, but the gold industry "is in its own class," said Steve Chan, a principal at executive compensation consultant Hugessen Consulting.

Gold executive pay surged alongside company profits as bullion prices rose nearly five-fold between 2005 and 2011, Chan said. But compensation did not typically follow profits lower as bullion declined.

Cash-strapped miners have reduced costs in every corner -- selling assets, closing mines and cutting staff -- but CEO pay at the biggest miners is still increasing, a late-2015 study shows. ...

... For the remainder of the report:

http://www.reuters.com/article/us-mining-executives-pay-idUSKCN0UW25Q


ADVERTISEMENT

Free Storage with BullionStar in Singapore Until 2016

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop-shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage is FREE until 2016 and will have the most competitive rates in the industry thereafter.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/


Join GATA here:

Vancouver Resource Investment Conference
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
Sunday-Monday, January 24-25, 2016

http://cambridgehouse.com/event/49/vancouver-resource-investment-confere...

Support GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's 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

Warning! Global Government Imminent! Agenda 2030, TTIP, TPA, & TPP

Posted: 18 Jan 2016 04:28 PM PST

 Pay close attention guys! The elite are making a major move towards a one world government, AKA the New World Order. This is beyond conspiracy theory now, it is a reality. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free...

[[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

Art Cashin: This Is "What You Get Before You Slip Into A Crisis"

Posted: 18 Jan 2016 03:55 PM PST

Via Christoph Gisiger of Finanz Und Wirtschaft,

Wall Street veteran Art Cashin warns that bankruptcies in the US oil industry could cause severe stress in the financial system. He believes the rate hike of the Federal Reserve was a mistake.

Around the globe financial markets are in turmoil. Alarming news out of China and the crash in the oil market is causing angst among investors everywhere. In the United States, the S&P 500 is down more than 8% since the beginning of the year. Art Cashin, director of floor operations for UBS at the New York Stock Exchange, thinks that the rate hike of the Federal Reserve is one of the main reasons for the sell-off in the stock market. The highly respected Wall Street veteran fears that America will fall into a recession if the Fed doesn’t change its course and lowers interest rates back to zero.

Mr. Cashin, the pressure on the financial markets is rising. How’s the mood on the trading floor of the New York Stock Exchange?

The mood is both concerning and frustrated. On Friday, we traded temporarily lower than we got during the August spike down. That is never a good indication and it is troublesome. Here in the US, there was some concern that the markets will be closed for a holiday on Monday whereas the exchanges in Europe and in Asia are going to be open. So a lot of investors were worried about the exposure they will have for this extra day.

You’re working on the floor of the stock exchange for almost six decades. During that time you have seen many difficult moments. How severe is the situation right now?

It is very similar to what you get before you slip into a crisis. Also, it’s earnings season and because of that many corporate buybacks have to be paused during this period. That removes an important potential support for the market. Over the last year, companies buying back their own stock have put more money into the market than all of the public has. The cessation of those buybacks is probably a reason why we’re seeing the rather sharp selling that has occurred.

A main source of concern is the sharp drop in oil prices. Both, WTI and Brent, closed below $30 on Friday. Why is this causing so much havoc on Wall Street?

Investors are concerned that many of the small and domestic producers here in the United States have money owned in the high yield market. So if oil prices continue to go lower they’re afraid that up to two thirds of those fracking companies may go into bankruptcy. They fear that through financial contagion those bankruptcies would then begin to spread into other areas of the financial markets.

Are there already signs of contagion?

Several market participants have been asked to put up more collateral to prepare for bad loans. Also, on Wednesday there were both rumors and indications that there was a good deal of forced selling going on. There were rumors that it could have been either a hedge fund or a sovereign wealth fund, maybe investors who are exposed to the oil prices. It could have been Saudi  Arabia or Norway. Forced selling and margin calls are very hard to deal with because such an investor basically has no latitude. Positions must be sold at any price and that’s very difficult for the market.

Also, there is  alarming news coming out of China. What’s the problem here?

On Friday, before trading started in New York, Chinese equity markets were down another 3,5% already overnight –  and that is despite the best efforts of the Chinese government and the central bank to keep prices from destabilizing.

Then again, the US economy seems hardly to be related to China.

China is the second biggest economy in the world. The US may not sell much to China. But many of our economic partners like the countries in Europe do have big markets with China. There are other aspects to the China problem, too: The Chinese currency is relatively pegged to the US dollar.

What’s the problem with that?

When the Fed began raising interest rates and the dollar strengthened it made the Chinese currency go higher which put China at a disadvantage. So the Chinese began to try to find ways to slightly weaken their currency and that is disruptive throughout all the other currencies in the emerging markets and the small Asian economies. Back in 1997 when Thai baht broke everybody thought that won’t mean too much since the US doesn’t deal too much with Thailand. But in fact what happened was it rapidly spread through the financial industry and a great deal of money was lost. So investors are worried of seeing something like that happening again.

So you think the rate hike of the Federal Reserve is one of the main sources for all the turmoil?

The Chinese currency isn’t the only one that is under some stress. For instance, the Saudi Arabian currency is also partially pegged to the dollar. So you’re seeing many other nations beginning to suffer somewhat in reaction to the Fed move to begin raising rates.

The appreciation of the dollar is also putting pressure on the export sector in the United States. Manufacturing has slowed down significantly over the last months.

In its hundred year history the Fed had never before raised rates with the ISM index for the manufacturing sector below fifty which is showing that the manufacturing sector is in somewhat of a recession. I think the Fed basically painted itself into a corner. In September, because of the turmoil in the international markets, they were afraid to raise rates and they said:  »We didn’t want to move with the markets destabilized.» Because of that they found some critics here in the US who said: »Hey, you’re the central bank of the United States and not the central bank of the world. Therefore, do worry about us and do what you think our economy requires. Don’t pay attention to other economies.» So when the December meeting came the Fed talked itself into a corner with no chance to change.

On the other hand, many economists are seeing encouraging signs in the US labor market. In December payroll employment rose by over 290’000 and beat expectations handily.

When you look closer into the numbers you see that 280’000 of those jobs were seasonal adjustments. In other words it wasn’t physical people standing there, it was an assumption by the Bureau of Labor Statistics. They said it was December and the weather normally is cold so they had to add on some people. And If you went over to the household survey you saw that 35% of the new jobs were people under the age of nineteen. In fact, only 3% of the jobs went to people in the prime category between the ages of 25 and 55. So the vast majority of the new jobs went to people under 24 and over 55. To me, that looked liked holiday hiring: people who make deliveries, wrap packages etc. These are not long lasting jobs. That’s why I think the next couple of payroll numbers will not show that kind of strength.

So was it a policy mistake to raise rates?

Yes, I thinks so. I believe we may be back at zero percent interest rates before we see one percent interest rates. I think the Fed will wind up having to do that to try to avoid a recession. Before they moved Christine Lagarde, the head of the IMF, told them they shouldn’t move. Larry Summers, the former secretary of the Treasury, told them they shouldn’t move. The Bank of International Settlements told them they shouldn’t move. But they insisted upon it and I think part of the turmoil that we are seeing now is indirectly connected with the Fed’s decision to go ahead.

But on the day the Fed raised rates for the first time since the financial crisis many investors applauded and stock prices rallied. Why has the mood soured?

The rate hike had to work its way through the system. Investors had to see what would happen to the Chinese currency and how the Chinese central bank and the Chinese government respond to what happened to their currency. Not a lot of people guessed that immediately when they saw that the Fed raised the rate. It’s now working through the system and it’s contributing to the turmoil that we’re experiencing.

Looking ahead, what’s going to happen next?

The bumpy ride is probably not over yet. I would remain very careful. I think efforts have to be made to stabilize the oil price. Investors have to review their risk exposure. So make sure you’re on guard.

 

This Is It – The Collapse Is Here

Posted: 18 Jan 2016 12:45 PM PST

Dear CIGAs, This is the ONLY interview I have ever requested because the credit collapse is in progress! Please take the time to listen. Standing watch, Bill Holter Holter-Sinclair collaboration Comments welcome! bholter@hotmail.com

The post This Is It – The Collapse Is Here appeared first on Jim Sinclair's Mineset.

Gerald Celente : What you are not being told about The 2016 Financial Collapse

Posted: 18 Jan 2016 11:24 AM PST

CELENTE REVEALS WHAT YOU'RE NOT BEING TOLD ABOUT THE 2016 FINANCIAL CRISIS Gerald Celente, returns to join Gary Franchi on the Next News Network to disclose the truth behind the 2016 stock market crash and how to brace yourself and protect your family in the face of economic...

[[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

Peter Schiff : How The Fed Is Killing The Global Economy

Posted: 18 Jan 2016 11:13 AM PST

 David Knight talks with economist Peter Schiff about the Federal Reserve and how they have been systematically sabotaging the global economy. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists ,...

[[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

India offers gold bonds at discount in hope of boosting sales

Posted: 18 Jan 2016 10:26 AM PST

India's Gold Bonds Seen Luring Investors in Search of Safe Haven

By Rejendra Jadhav and Suvashree Choudhury
Reuters
Monday, January 18, 2016

MUMBAI -- The second tranche of India's sovereign gold bonds, whose sale began today, is likely to draw good response from investors, as they are priced below market rates for the metal and sharemarket turmoil spurs investors to diversify holdings.

India plans to sell 150 billion rupees ($2.22 billion) in gold bonds in the fiscal year ending March 31 as it seeks to wean investors off physical gold and contain the outflow of foreign exchange spent on imports. ...

... Dispatch continues below ...


ADVERTISEMENT

We Are Amid the Biggest Financial Bubble in History;
When It Bursts, Bullion Owned in the Safest Way Will Protect Wealth

With GoldCore you can own allocated -- and most importantly -- segregated coins and bars in Switzerland, Singapore, and Hong Kong.

Switzerland, Singapore, and Hong Kong remain extremely safe jurisdictions for storing bullion. Avoid exchange-traded funds and digital gold providers where you are a price taker. Ensure that you are outright legal owner of your bullion. If you do not own segregated bullion that you can visit, inspect, and take delivery of, you are exposed.

Crucial guides to storage in Singapore and Switzerland can be read here:

http://info.goldcore.com/essential-guide-to-storing-gold-in-singapore

http://info.goldcore.com/essential-guide-to-storing-gold-in-switzerland

GoldCore does not report transactions to any authority. Safety, privacy, and confidentiality are paramount when we are entrusted with storage of our clients' precious metals.

Email the GoldCore team at info@goldcore.com or call our trading desk:

UK: +44(0)203-086-9200. U.S.: +1-302-635-1160. International: +353(0)1-632-5010.

Visit us at: http://www.goldcore.com


The price of gold has risen 4 percent so far in 2016, while India's benchmark has fallen nearly 7 percent.

"Given the correction in the stock market, interest is shifting in favor of gold," said Harish Galipelli, head of commodities and currencies at Inditrade Derivatives and Commodities. "Investors are looking for safe-haven assets. This tranche will receive better response than the first tranche."

The Reserve Bank of India has fixed the issue price of the bonds, which will be sold until Friday, at 26,000 rupees per 10 grams, below the current market rate of nearly 26,050 rupees.

The bonds, linked to the price of bullion, carry an annual interest of 2.75 percent and allow consumers to invest in "paper" gold rather than physical gold.

The first tranche debuted last November to lukewarm response, as it was priced nearly 5 percent above the market. At the time, the stock market also promised better returns, with the price of gold falling in anticipation of a U.S. rate hike.

"Given that currently risk appetite is weak and bank interest rates are also falling, demand for gold bonds in the second tranche might be better," said Siddhartha Sanyal, an India economist at Barclays. ...

... For the remainder of the report:

http://www.reuters.com/article/india-gold-bonds-idUSKCN0UW18B

* * *

Join GATA here:

Vancouver Resource Investment Conference
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
Sunday-Monday, January 24-25, 2016

http://cambridgehouse.com/event/49/vancouver-resource-investment-confere...

Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:

https://jeffersoncompanies.com/landing/2014-av-powell

Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's 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

Governments Real Agenda For Global Warming: James Corbett

Posted: 18 Jan 2016 09:51 AM PST

 Today's Guest: James Corbett The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

[[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

Financial Crisis 2016 - This Is Not 2008: It’s Actually Worse

Posted: 18 Jan 2016 06:52 AM PST

The S&P 500 has begun 2016 with its worst performance ever. This has prompted Wall Street apologists to come out in full force and try to explain why the chaos in global currencies and equities will not be a repeat of 2008. Nor do they want investors to believe this environment is commensurate with the Dot.Com Bubble that caused the NASDAQ to plummet 78% and the S&P 500 to shed 35% of its value. In fact, they claim the current turmoil in China is not even comparable to the 1997 Asian Debt Crisis: when dollar-denominated debt loads couldn’t be repaid and the Thai baht lost half its value, and the stock market dropped 75%.

Gold Price Has Passed the Lows

Posted: 18 Jan 2016 06:40 AM PST

We preface this article by stating that we are neither gold bears nor bulls. We traders and we target trades with the best possible risk reward dynamics, regardless of market direction. At the founding of our service, SK OptionTrader, we were bullish on the yellow metal and banked considerable profits as gold rallied to all-time highs. Beginning in 2013 we took a heavily bearish view, and again banked triple digit returns on gold as it declined. Now, we believe we have seen the lows and are preparing to get long gold once again.

Hillary Supporters: REPEAL the BILL of RIGHTS Petition Signed After Told She Needs Help for the Plan

Posted: 18 Jan 2016 06:27 AM PST

 Hillary Supporters Want Her to Repeal the Bill of Rights if Elected President Apparently. When asked to sign a petition to supporter Hillary Clinton's "plan" to repeal the Bill of Rights, many of her supporters happily did so! The Financial Armageddon Economic Collapse Blog tracks...

[[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

Red Alert - Market Insiders Warn Of Global Economic Meltdown in 2016 (Worse Than 2008)

Posted: 18 Jan 2016 02:57 AM PST

 RBS Warns of Cataclysmic Year – Ensure Your Funds Are Internationally Diversified | The Dollar Vigilante https://www.dollarvigilante.com/blog/...George Soros Sees Crisis in Global Markets That Echoes 2008 http://bloom.bg/1PgfnLhThis is not 2008—it's actually worse http://cnb.cx/1UUGa3K$3.17...

[[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

Will 2016 witness the economic collapse of China?

Posted: 18 Jan 2016 02:44 AM PST

 Today is Monday 18th January 2016 and we are looking at the Question will the Chinese economy collapse in 2016?We are all very much aware of the impact China has on the world economy. We have already seen commodities and stock markets plummet as a result of its economic slowdown, and this...

[[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]

Five Companies Swiss Asset Manager Florian Siegfried Is Watching

Posted: 18 Jan 2016 12:00 AM PST

When a leading Swiss bank recommended its clients sell all their gold, AgaNola Asset Manager Florian Siegfried knew the precious metal was preparing for an upswing. In this interview with The Gold Report, he shares five junior mining names that have made smart moves during the down time and are well positioned for an upswing.

Gold and Silver Mining Stocks Bottom ?..Do they Ring a Bell ?

Posted: 17 Jan 2016 11:17 PM PST

Today I would like to take a look at the PM complex as there are some interesting charts building out. Please don’t confuse this report with what Sir Spock, Sir Norvast and others are doing at the Chartology Forum as they’re looking for undervalued PM stocks that will be ready to buy when the time is right. In some cases the time might be now as a few of the PM stocks are holding support. In the vast majority of the cases though, excluding some of the Australian and a few South African PM stocks, most are still under pressure. So for some folks who like to get in a little early and have the patience to wait for the bear market to exhaust itself, one can start picking up a few shares of their favorite PM stocks and see what happens. There won’t be a bell go off at the bottom I can assure you of that.

Forex Currency Pairs Guide

Posted: 17 Jan 2016 10:46 PM PST

Currency Pairs Forex trading works due to the value of a currency being determined by its relative value in comparison to another, you in currency pairings for this exact reason. These pairs are made up of a base currency (the first one) and a quote currency (the second). For example, with the GBP/USD currency pair the GB Pound is the base and the US Dollar is the quote. The pair shows how much of the quote currency is needed to purchase one unit of the base currency.
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)