Gold World News Flash |
- Military Admits Trillion Dollar F-35 Program is a Failure
- Current Economic Collapse News Brief
- Silver – A Long-Term Perspective
- Supply and Demand Report, 20 Mar, 2016
- Disclosures of gold market manipulation are coming soon, Rob Kirby tells USAWatchdog
- Currency Debasement & The Death Of Roman Emperors
- China Car Sales Suffer Biggest Crash On Record To Start 2016
- We’ve Past Peak Oil & Silver – Payback Time? — Jason Burack
- BREAKING: Trump's Sister Threatened In Philadelphia
- Wall Street's pile of unwanted Treasuries exposes market cracks
- Koos Jansen: Shanghai gold trading volume up 84% in a year
- Soros and Obama Activate Terror Cells For Race War (Reloaded) 3/19/16
- Donald Trump VS The New World Order -- Leo Zagami endorses Trump
- Bernanke: Fed QE is NOT Working! Central Banks Discuss Negative Interest Rates and QE4!
- Trump Rally Protesters are Rent-A-Mob to Sabotage Him -- Mike Rivero
- Gold And Silver - Shanghai Exchange Effect On Silver?
- Gold Stocks Tiny Baby Bull Market
- Silver Price Soars 4%, Gold Consolidates On Federal Reserve
| Military Admits Trillion Dollar F-35 Program is a Failure Posted: 21 Mar 2016 12:00 AM PDT by Joshua Krause, Activist Post:
Now officials with the Pentagon are admitting that this massive boondoggle is a total bust. One official admitted that to replace the Air Force's entire fleet, which was the original intention of the F-35 program, they would have eliminate a fifth of their squadrons to afford it. Two generals said that the whole idea of an all-purpose aircraft was flawed from the start, and the Pentagon is already planning a 6th generation fighter jet to replace the F-35. To maintain any semblance of air superiority, the military will be forced to maintain their older weapon systems alongside the F-35 until a replacement is made, which is the ultimate proof that the concept of an all-purpose fighter jet is a complete failure. By the time the next generation fighter is in production, which is expected by the year 2040, our fleet of F-15s and F-16s will be 70 years old and completely outclassed by Chinese and Russian aircraft. What's worse is that even though the military hates this plane, they can't scrap the project. Too much money has been spent to back out now, which you might recognize as the same logical fallacy that keeps compulsive gamblers from walking away from slot machines. In addition to this, over 1,300 suppliers employing 133,000 people in 45 states, are responsible for building the F-35. This means that most members of Congress will be unwilling to vote down the project, for fear of killing jobs in their districts. So for the next few decades, the military is stuck with this faulty aircraft, and the taxpayers are stuck with the bill. |
| Current Economic Collapse News Brief Posted: 20 Mar 2016 11:30 PM PDT from X22Report: |
| Silver – A Long-Term Perspective Posted: 20 Mar 2016 11:01 PM PDT We all know silver is volatile. When gold rallies, silver usually rallies faster and farther, particularly after the rally has been well established. Volatility is not a reason to avoid silver.... {This is a content summary only. Click on the blog title to continue reading this post, share your comments, browse the website, and more!} |
| Supply and Demand Report, 20 Mar, 2016 Posted: 20 Mar 2016 10:30 PM PDT Early on Monday morning (Arizona time), silver began to rise. From its close on Friday of $15.46, it ran up to $15.82. Then it began to slide, eventually dropping to $15.17 by midmorning on Wednesday. Then… *BAM* The Fed said not a lot. It will go on manipulating the rate of interest rate to the same level as it had been previously. This was not what the market was expecting, as many believed the Fed was on the war rate-hiking path. Lower interest means more quantity of money dollars which means more rising prices which means gold and especially silver should go up. And go up, silver did. At least, if you measure it using muggle money. Silver ran up 44 cents on the Fed announcement. Then consolidated before running up over $16. It finally exhausted itself $16.15. It ended the week at $15.78, about 30 cents higher than it began. As the muggles would reckon it, gold went up $5. As always, we're interested not so much in the price chart as the fundamentals of supply and demand. We like to know if a move was just leveraged speculators buying or selling futures, or if it was buyers or sellers of actual metal. The latter can tell us if a move will likely be durable or not. This is a segue into an interesting question asked by a reader last week. He noted that the speculators are trying to predict the next price move. What if they're right? Then a speculative move may lead a fundamental move. That is true enough—if they're right. The catch is knowing if they're right, on a case by case basis. We have lost count of the number of times silver speculators have gotten excited and falsely predicted a breakout. There have been many corrections as the price of silver has dropped over the three years that we have been publishing our analysis, and the period before that when we had a private email letter. And when each of those corrections has exhausted itself, the downward price trend continued. Have we seen the price bottom? We think it's likely. At least, there is no fundamental reason for silver to go back to a 13 handle. On the other hand, if silver speculators became as depressed about their metal as gold speculators are, then that is exactly what would happen. On the other, other hand—quick, somebody get me a one-handed economist!—we think it is more likely that bearish gold sentiment will slowly fade than that bearish sentiment will bleed over from gold to silver. Price bottom aside, is there any reason to expect a skyrocketing silver price? Read on for the only true picture of the gold and silver supply and demand fundamentals But first, here's the graph of the metals' prices. The Prices of Gold and Silver Next, this is a graph of the gold price measured in silver, otherwise known as the gold to silver ratio. The ratio was down again. The Ratio of the Gold Price to the Silver Price For each metal, we will look at a graph of the basis and cobasis overlaid with the price of the dollar in terms of the respective metal. It will make it easier to provide brief commentary. The dollar will be represented in green, the basis in blue and cobasis in red. Here is the gold graph. The Gold Basis and Cobasis and the Dollar Price The green line is the price of the dollar, measured in gold terms (i.e. the inverse of the price of gold). As it falls (i.e. the gold price rises) gold becomes less scarce. The red line is the gold cobasis, our measure of scarcity of the metal. From last week: Gold is becoming less scarce as its price is rising. It's almost eerie how well the gold scarcity tracks the dollar price, as they both descend. Almost as if there was a connection. Or something. ;) The uncanny tracking of gold scarcity with the price of the dollar continues. Our calculated fundamental price of gold fell a few bucks again, but it's still well over $1,400. Now let's look at silver. The Silver Basis and Cobasis and the Dollar Price Last week, we noted that the silver fundamentals firmed up a bit. That was last week. This week, scarcity synced back up with the price of the dollar again. Note the big drop in the cobasis, and big rise in the basis. Silver for May delivery is in a nice contango, though the 38 bps you could earn to carry silver is a bit under LIBOR. The silver fundamental dropped over a nickel this week. It's more than a buck below the market price. Will the speculators be right this time? Is silver headed to $20, much less $50? We would not put our money in harms' way (to borrow a phrase that Kevin O'Leary has used on Shark Tank) to bet on that thesis. Monetary Metals will be in Hong for Mines and Money, and in Singapore for Mining Investment Asia. If you will be in town for either conference, and would like to meet, please drop us a line.
© 2016 Monetary Metals |
| Disclosures of gold market manipulation are coming soon, Rob Kirby tells USAWatchdog Posted: 20 Mar 2016 09:20 PM PDT 12:19a ET Monday, March 21, 2016 Dear Friend of GATA and Gold: Interviewed by USAWatchdog's Greg Hunter, market analyst Rob Kirby of Kirby Analytics in Toronto says demand for physical gold shortly will bust the suppression of prices in the futures market, that disclosures involving gold market manipulation are coming soon, that these disclosures will boost demand for real metal even more, and that GATA will be vindicated. The interview is a half hour long and can be seen at USAWatchdog here: http://usawatchdog.com/global-economy-dying-pig-no-more-rate-hikes-rob-k... CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT Direct Ownership and Storage of Precious Metals Goldbroker.com is a precious metals investment company that enables investors to own and store gold directly in their own name (no mutualized ownership) in Zurich and Singapore. Goldbroker's clients are not exposed to any counterparty risks. They own gold and silver in their own names (the ownership certificate cites the name of the investor and serial number of his bars) and they have storage accounts opened in their own name as well. So Goldbroker.com's storage partner knows the exact identity of each investor. Goldbroker.com doesn't store in the name of its clients; rather, Goldbroker's clients store personally. All investors have direct access to their gold and silver bars. Goldbroker.com was launched in 2011 so that investors would avoid any counterparty risk when investing in physical gold and silver. Goldbroker.com is listed among GATA's recommended monetary metals dealers: To invest or learn more, please visit: Join GATA here: Mines and Money Asia http://asia.minesandmoney.com/ Mining Investment Asia http://www.mininginvestmentasia.com/ 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 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: To contribute to GATA, please visit: |
| Currency Debasement & The Death Of Roman Emperors Posted: 20 Mar 2016 07:30 PM PDT Correlation does not necessarily imply causation. In other words, just because two sets of data may follow a similar pattern, it does not mean there is any direct causal relationship. However, as VisualCapitalist's Jeff Desjardins was assembling our previous research on Currency and the Collapse of the Roman Empire, we noticed something that was too uncanny to skip past: during the 113-year stretch of time from 192 to 305 AD, an astonishing amount of Roman emperors (84%) were either brutally murdered or assassinated. This, of course, was a particularly troubled period for the Romans. During the Crisis of the Third Century (235 to 284 AD) specifically, the combined pressures of invasion, civil war, plague, and economic depression threatened to bring down the Empire. Coincidentally, during this same time frame, the silver denarius went from having 2.7 grams silver to being “silver” in name only. Base metals such as bronze and copper were added to the silver coins to debase the currency, and by the year 300 AD, a silver denarius (or its equivalent) had only a trace of silver left.
 Courtesy of: The Money Project
Notes on the DataData on Roman Emperor deaths is from this resource, and the debasement of silver coinage was previously covered by Armstrong Economics. Roman Emperor deaths or abdications included in the visualization are ones that occurred between the birth of the Empire (27 BC) to the fall of the Western Roman Empire (476 AD). It’s also worth noting that, according to the source, there is a significant amount of emperors who had fates that are unclear or died under mysterious circumstances, and therefore the list may not be entirely accurate. |
| China Car Sales Suffer Biggest Crash On Record To Start 2016 Posted: 20 Mar 2016 06:15 PM PDT The dream of transition to a 'consuming' economy just crashed into the wall of excess debt and leverage. 2016 has started with a 44% collapse in China passenger car sales. This is the biggest sequential crash and is 50% larger than any other plunge in history.
While there is a seasonal effect here obviously, the sheer scale of this 2-month drop - which removes the new year holiday affect - indicates something is terribly wrong in China. Coming at a time when vehicle inventories are near record highs relative to sales with a mal-investment-driven excess inventory-to-sales at levels only seen once before in 24 years...
And worse still, used car prices starting to fade rapidly (biggest Feb drop since 2008)...
Falling used car prices means pressure on new car prices as well, which would be a shock to America's booming auto market. Obviously, the scariest part about all of the above is that consumers still have the pedal to the metal (pun fully intended) when it comes to leases, which means there's no end in sight to the off-leases and thus no way to determine, at this juncture, how big the residual writedown wave and deflationary auto industry calamity will ultimately end up being. So, you know... "buckle up." * * * Simply put, the world's automakers - all toeing the narrative line that growth will be from China - now face a harsh reality of massive mal-investment deja vu. And furthermore, any pricing power is lost (no matter how long the credit terms are extended) as they are forced to halt production and dump inventories in a vicious deflationary cycle... |
| We’ve Past Peak Oil & Silver – Payback Time? — Jason Burack Posted: 20 Mar 2016 05:30 PM PDT from Reluctant Preppers: |
| BREAKING: Trump's Sister Threatened In Philadelphia Posted: 20 Mar 2016 04:27 PM PDT Mary Ann Trump Barry receives a threatening letter in Philadelphia 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! ]]  |
| Wall Street's pile of unwanted Treasuries exposes market cracks Posted: 20 Mar 2016 04:11 PM PDT By Alexandra Scaggs and Liz McCormick The world's biggest bond dealers are getting saddled with Treasuries they can't seem to get rid of easily, adding to evidence of cracks in the $13.3 trillion market for U.S. government debt. The 22 primary dealers held more Treasuries last month than at any time in the last two years, Federal Reserve Bank of New York data shows. While at first glance that may suggest a bullish stance, the surge in holdings is more likely the result of investors including central banks dumping the debt on the firms, said JPMorgan Chase & Co. strategist Jay Barry. Foreign official accounts sold a net $105 billion of the securities in December and January, an unprecedented liquidation, Treasury Department data shows. Strategists say there are signs that the buildup of Treasuries held by dealers is having a ripple effect, mucking up the plumbing of the financial system. While the holdings show they did their job by soaking up the supply from central banks raising cash to support their currencies, it's adding to questions about the resilience of the world's most important market. The Treasury Department is already looking into whether the market isn't operating as smoothly as it should. ... ... For the remainder of the report: http://www.bloomberg.com/news/articles/2016-03-20/wall-street-s-pile-of-... 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 -- -- and type "GATA" in the radio box at the top of the page. Join GATA here: Mines and Money Asia http://asia.minesandmoney.com/ Mining Investment Asia http://www.mininginvestmentasia.com/ 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 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: To contribute to GATA, please visit: |
| Koos Jansen: Shanghai gold trading volume up 84% in a year Posted: 20 Mar 2016 03:50 PM PDT 6:49p ET Sunday, March 20, 2016 Dear Friend of GATA and Gold: While the trading volume on the Shanghai Gold Exchange is only a third as large as the gold trading volume on the New York Commodity Exchange, gold researcher and GATA consultant reports today that trading in Shanghai is growing fast. What Jansen plans as the first of two parts of a series reviewing the Shanghai exchange's last year is headlined "SGE Gold Trading Volume 2015 Up 84% Year over Year" and it's posted at Bullion Star here: https://www.bullionstar.com/blogs/koos-jansen/sge-trading-volume-2015-up... CHRIS POWELL, Secretary/Treasurer 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: Join GATA here: Mines and Money Asia http://asia.minesandmoney.com/ Mining Investment Asia http://www.mininginvestmentasia.com/ 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 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: To contribute to GATA, please visit: |
| Soros and Obama Activate Terror Cells For Race War (Reloaded) 3/19/16 Posted: 20 Mar 2016 03:30 PM PDT Emergency Alert: Civil War in AmericaAlex Jones breaks down how terrorist anarchist groups are being activated by Soros run foundations to start a race war The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]  |
| Donald Trump VS The New World Order -- Leo Zagami endorses Trump Posted: 20 Mar 2016 01:00 PM PDT Leo Zagami's take on the elections and Donald Trump. 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! ]]  |
| Bernanke: Fed QE is NOT Working! Central Banks Discuss Negative Interest Rates and QE4! Posted: 20 Mar 2016 12:30 PM PDT The only thing stopping them from collapsing the system today is the end game war preparations. 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! ]]  |
| Trump Rally Protesters are Rent-A-Mob to Sabotage Him -- Mike Rivero Posted: 20 Mar 2016 07:46 AM PDT Legendary Investors May have Found a New Billion Dollar Discovery:TOPICS IN THIS INTERVIEW:01:25 The Staged Disruptions at Trump Rallies02:50 They May Rob Trump of Nomination05:40 Trump's a Threat to the Elite, he's not Bought & Paid for08:30 Cashless Society & Negative Interest Rates10:40... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]  |
| Gold And Silver - Shanghai Exchange Effect On Silver? Posted: 19 Mar 2016 10:09 AM PDT The trend for silver remains down, for now, but there is something going on within this market that does not confirm a change in trend but "appears" to be indicting a one. It has been acknowledged that the fundamentals for both silver and gold are overwhelmingly positive, yet price has not responded. More accurately, price has not been allowed to respond by the globalist's manipulation via their central banks, in general, and specifically by the both military and money might of the also manipulated United States, the federal corporate government version. |
| Gold Stocks Tiny Baby Bull Market Posted: 18 Mar 2016 09:51 AM PDT Gold stocks have radically outperformed every other sector in the stock markets this year, blasting higher as investors flock back to gold. This powerful surge is spawning worries that gold stocks’ new bull run is in danger of exhausting itself. But such fears are totally unfounded. A longer-term perspective reveals that gold stocks’ baby bull market in 2016 remains tiny in the grand scheme. This new bull has barely begun. Successfully buying low and selling high to multiply wealth in the markets demands traders overcome their own innate greed and fear. These ever-present emotions are constantly warring in traders’ minds, impairing their judgment. One consequence of heeding these dangerous emotions is the tyranny of the present. Traders naturally tend to overweight the present and forget the past, which leads to poor decisions. |
| Silver Price Soars 4%, Gold Consolidates On Federal Reserve Posted: 18 Mar 2016 09:30 AM PDT Silver rose 2% yesterday and has surged 4% this week to over $16 per ounce as the Federal Reserve flip flopped regarding interest rates and lowered its expectations for rate rises this year from four back to two or just one rate rise due to “global risks.” |
For over a decade the US military has spent $1.5 trillion dollars to create an all-purpose fighter jet that would replace their diverse fleet of warplanes. It's a project that has been rife with criticism for being grossly over budget and delayed for years, not to mention the fact that the plane is 
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