Gold World News Flash |
- The US Dollar Is The Biggest Bubble on the Planet And Has Just Began To Pop
- Jim Grant: Gold Isn't A Hedge Against Monetary Disorder, It's "An Investment In It"
- Asian shares wobble as oil slip dampens sentiment; dollar stalls
- Silver prices trend lower as the USD recovers
- Counter Trend Rally in Gold Due; Stock Market Topping?
- The Numbers Add Up to Vindication for a Cautious Gold Bull. . .
- 10 Questions About our Broken Financial System
- Special Forces Insider Warns Of Serious Civil Unrest This Summer: "Everything Is Right For Things To Go Very Wrong"
- Important Gold & Silver Update June 1, Do Not Miss This
- Gold Infographic: Exchange Volume, Storage, Mining Statistics
- Barrick settles investor suit over Pascua-Lama mine for $140 million
- First Soros...Now Jim Rogers Predicts Trillion Dollar 'Biblical' Crash
- Your Last Opportunity to Buy Gold on the Cheap
- Global Elite Use Economic Collapse To Implement New World Order
- Whistleblowers Expose US Ties To ISIS
- Red Alert: World Leaders Meet With Tech Giants To Launch Planetary Censorship
- North Korea warming up to Trump, warns against electing ‘dull Hillary’
- Ben Fulford and David Wilcock on Russian Cabal Defeat is Looming
- How Does The COMEX Fix This One?
- The US Dollar Is The Biggest Bubble on the Planet And Has Just Began To Pop
- Gold Daily and Silver Weekly Charts - June Gold Deliveries Top 350,000 Ounces On First Day
- David Wilcock 2016 Predictions, Conspiracy Theories and Illuminati
- Gary Johnson Acceptance Speech After Winning Libertarian Nomination
- Texas Signs Hacked, Calling Trump a Shape Shifting Lizard
- Who Are The Rothschild's, A Look Into The Corporate Dynasty
- Donald Trump Press Conference at Trump Tower (5-31-16)
- Clash Of The Titans Propels Gold
- Brandon White: Investing is about being moral as well as right
- Build Up to WW3 -- Ukraine refuses to pay off its Debt to Russia
- PROPHECY IS REAL - EVIL IS AT THE GATE
- GERALD CELENTE: HUMANITY ON THE BRINK OF GLOBAL INSANITY 2016
- BREXIT Gold Diversification As Vote Fuels Market Uncertainty
- Gold Price Not Ready for a Final Intermediate Cycle Low
- A Congested Gold Market Gives Us Buying Time for Gold Shares
- Four Active Mining Companies You Should Be Watching
The US Dollar Is The Biggest Bubble on the Planet And Has Just Began To Pop Posted: 01 Jun 2016 12:00 AM PDT from The Dollar Vigilante: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Jim Grant: Gold Isn't A Hedge Against Monetary Disorder, It's "An Investment In It" Posted: 01 Jun 2016 12:00 AM PDT Jim Grant, founder of Grant's Interest Rate Observer has long been a proponent of gold, and equally a critic of central planners. He sat down recently for an interview at John Mauldin's strategic economic conference to discuss his views on gold, and how he struggles to understand those who view gold as an irrelevant curiosity. Grant is always worth a read and/or listen. On his current view regarding gold, Grant's humor was on display as he described to what degree he was bullish on gold, and that he wouldn't categorize gold as a hedge against monetary disorder but rather a bet on it.
Regarding Western central banks having different ideas on whether or not to even own gold, for example the Canada, who recently sold all of its gold reserves, Grant pokes a bit of fun at the monetarist view of the world, and cautions that when Western central banks start to sell gold it's time to pay attention because that's a signal of significant distress in the world.
On what investors can do to protect themselves from what is coming (other than gold), Grant recommends holding cash (just as Grant Williams said as well).
* * * Full Interview | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Asian shares wobble as oil slip dampens sentiment; dollar stalls Posted: 31 May 2016 09:59 PM PDT The Hindu Business Line | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Silver prices trend lower as the USD recovers Posted: 31 May 2016 09:21 PM PDT | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Counter Trend Rally in Gold Due; Stock Market Topping? Posted: 31 May 2016 08:50 PM PDT The GLD chart below shows gold in a declining wedge. Cyclically, an 8 TD low is due in gold and a 4 TD low due in GDX on June 1st. A strong rally is indicated into June 2nd for both gold and GDX. The stock market (as measured by the S&P 500) has either made its secondary top on May 31st or will likely do so on June 1, in my opinion. Another large drop is due in the weeks ahead. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
The Numbers Add Up to Vindication for a Cautious Gold Bull. . . Posted: 31 May 2016 08:45 PM PDT Precious metals expert Michael Ballanger discusses the importance of caution and timing in gold investment. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
10 Questions About our Broken Financial System Posted: 31 May 2016 07:20 PM PDT by Gary Christenson, Deviant Investor:
From Alasdair MacLeod: The Eurozone is the greatest danger. "Money that is invested in bonds and deposited in banks may already be on the way to money-heaven, without complacent investors and depositors realizing it." From Jim Rickards Strategic Intelligence (subscription service) "The biggest problem confronting the global monetary elite is sovereign debt. There's too much of it, it's growing fast and it cannot possibly be paid off in real terms. A default larger than any in history with trillions of dollars in losses for investors is coming, sooner rather than later."
From Michael Cembalest of JP Morgan regarding public pension plans: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Posted: 31 May 2016 07:15 PM PDT Submitted by Mac Slavo via SHTFPlan.com, In the lead up to the Presidential election we've seen pockets of riotous behavior across America. Whether supporting Trump, Sanders, Hillary or Cruz, average Americans appear to be ready to go to war with their government or with each other. This sentiment, coupled with continued economic degradation and a general feeling of a populace that has for decades been marginalized by the political machine in the United States, is showing all the signs of serious civil unrest on the horizon. In the following interview with Infowars.com special forces commando Tim Kennedy weighs in, describing the current situation as a trench having been dug and filled with accelerants just waiting to be ignited. Kennedy is a continuity of government expert, which means he's well versed in not only how the powder keg of civil unrest could potentially explode, but what The-Powers-That-Be will do once it does.
Kennedy warns that once civil unrest happens on a nationwide scale, you'd better have taken steps to prepare, because just as we saw in Venezuela, Argentina and elsewhere during such tense periods, essential goods disappear from the shelves almost overnight. And while such events are often dismissed by Americans as improbable, your concerns over the possibility are not without merit.
In short, should widespread civil unrest, whether this summer or at any point in the future, spread across America and be followed by military and law enforcement intervention, you absolutely cannot depend on the government to be there to provide any meaningful assistance. That means you need to take steps to prepare your own personal continuity plan. In her best-selling book The Prepper's Blueprint, Tess Pennington succinctly summarizes the reality of the situation:
By preparing for the possibility of a widespread civil unrest scenario you'd also be readying yourself for other potentially deadly events, thus focusing on core supplies and knowledge is key.
The above supply list includes some of the very basics one should have in their preparedness supplies. For extensive supply lists and scores of disaster scenarios we encourage you to read Tess Pennington's highly acclaimed The Prepper's Blueprint. Whether it's civil unrest this summer or as the result of an economic collapse in the future, or any number of other disaster scenarios, having at least a 30 day supply of essential necessities will mean the difference between life and death. At the very least, they will help make a very uncomfortable situation a bit more bearable. As Tim Kennedy has highlighted, the trenches have been dug and the accelerant has been poured. All we're waiting for now is the spark. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Important Gold & Silver Update June 1, Do Not Miss This Posted: 31 May 2016 07:15 PM PDT from VictoryIndependence: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Gold Infographic: Exchange Volume, Storage, Mining Statistics Posted: 31 May 2016 07:00 PM PDT Gold Stock Bull | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Barrick settles investor suit over Pascua-Lama mine for $140 million Posted: 31 May 2016 06:30 PM PDT By Nate Raymond NEW YORK -- Barrick Gold Corp. has agreed to pay $140 million to resolve a U.S. lawsuit accusing the gold producer of concealing problems at a South American mine and of fraudulently inflating the company's market value, according to court papers. The settlement, disclosed in papers filed today in Manhattan federal court, would resolve a class action accusing Barrick of deceiving investors about environmental problems afflicting its Pascua-Lama project on the border of Argentina and Chile. "I am pleased we were able to reach this resolution for investors," James Hughes, a lawyer for the plaintiffs at the law firm Motley Rice, said in a statement. Barrick in a statement confirmed the $140 million accord and said the value of the settlement is insured. ... ... For the remainder of the report: http://www.reuters.com/article/us-barrick-gold-lawsuit-idUSKCN0YM2LI 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: 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: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
First Soros...Now Jim Rogers Predicts Trillion Dollar 'Biblical' Crash Posted: 31 May 2016 06:00 PM PDT America will survive without these banks..I demand them leave and we will prosper..might have to start over but from a good foundation. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers ,... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Your Last Opportunity to Buy Gold on the Cheap Posted: 31 May 2016 05:12 PM PDT
One of my sons and his wife want to sell their house built in 2011 here on our farm & move nearer her work. Here's a link to the listing, http://bit.ly/1r1EsUP The house has four bedrooms, three baths, and 2,061 square feet, & sits on 2-1/2 Acres on a gravel road. They originally listed it for $210K, it appraises for $185k, & now they've lowered the price to $148k. They're in a hurry. You northerners won't believe this, but yearly taxes are only $518.00. Check the listing, and look at the pictures yourself. Let us not mince words: stocks were saved today by a "miraculous friend" who entered the falling market PRECISELY one hour before close to buy like a mad dog -- like somebody to whom money is no object. Who would do such a thing? Who indeed? Investors? Y'all don't take my word for anything. God to www.nasdaq.com and click on every one of those index charts. Look at 'em. Every one was invaded by friends right at 3:01. Some of us who don't believe in stock faeries might suspect the Nice Government Men had a hand in that, but we are all jaundiced cynics. Dow ended down 86.0 (00.48%) at 17,787.20 while the SP500 lost only 2.0 (0.1%) for a close at 2,096.96. Mercy, they can fight gravity all they want, but eventually gravity will wreak its vengeance. Stocks are completing a head and shoulders top, whether "friendly" buying saved them from closing below their 50 day moving averages today or not. Stocks have cracked. Like an egg falling out of the cracked shell over a skilletfull of hot bacon grease, nothing sizzling yet, but just you wait till it hits that hot grease. US dollar index rose 38 basis points (0.4%) to 95.88, yet did not crush gold. Mmmm. Dollar index continues it slothful rally, reaching toward the breaking point at the 200 DMA, now 96.62. A failure there would put some nitro in gold & silver's tank. A punch through that 200 DMA might give 'em flat tires. Today was actually an up-day for Gold, although the $1.00 (0.08%) higher close at $1,214.80 on Comex doesn't look like much. Not so silver, which lost 27.4¢ (1.7%) at 1597.2¢. Gold's low today came at $1,201.50, and gold is putting up a stout fight at $1,200, as expected. Should gold break the $1,200 support, it will fall to $1,190 or even to the 200 DMA, now at $1,163.74 & rising. Y'all may want me to step out on a limb with a definite target, but no. I'll give you a target in time, however, and that is three weeks at most for gold to reach a low. And I don't expect to see it fall much below $1,190, albeit I will be nothing downcast if it spikes to $1,140 one day. Y'all should view all of this as your last opportunity to buy gold on the cheap. Chart: http://schrts.co/Edby9s Silver's low reached 1591¢. Today's weakness makes that 1590¢ resistance look mighty rickety. My two foremost targets for silver are this 1600¢ area it's playing in today, or the 1575¢ level, where the uptrend line form the January low hits, or below that, the 200 DMA (now about 1520¢) where the downtrend line from the April 2011 high will catch it. Remember that silver broke upward through that line in April. Here's the chart, with red arrows on those targets, http://schrts.co/Hg7S2A Aurum et argentum comparenda sunt -- -- Gold and silver must be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2016, 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. 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. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Global Elite Use Economic Collapse To Implement New World Order Posted: 31 May 2016 05:00 PM PDT This presentation was great, and it ties all this Globalist NWO bullshit together. God save Trump and protect him from these evil Soros and Rockefeller type jew banker bastards and sell-out politicians! The Financial Armageddon Economic Collapse Blog tracks trends and forecasts ,... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Whistleblowers Expose US Ties To ISIS Posted: 31 May 2016 04:24 PM PDT Alex Jones talks with Robert Tosh Plumlee and former Marine Corp Colonel Matt Smith-Meck about how the US is funneling arms to ISIS. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers ,... [[ 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: World Leaders Meet With Tech Giants To Launch Planetary Censorship Posted: 31 May 2016 03:48 PM PDT Alex Jones exposes the globalists plan to takeover and control the Internet. 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! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
North Korea warming up to Trump, warns against electing ‘dull Hillary’ Posted: 31 May 2016 03:26 PM PDT (TRUNEWS) North Korea appears to be warming up to Donald Trump. State media has praised the GOP presidential contender by describing him as a "wise politician" who could help unify the Korean peninsula, according to The Guardian. 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! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Ben Fulford and David Wilcock on Russian Cabal Defeat is Looming Posted: 31 May 2016 02:30 PM PDT Ben Fulford and David Wilcock on Russian Cabal Defeat is Looming 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! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
How Does The COMEX Fix This One? Posted: 31 May 2016 02:11 PM PDT Dear CIGAs, As you know, May COMEX gold which traditionally is a non-event was anything but this year. Last year, a total of 2,500 ounces stood for delivery, this year the number was 221,000 ounces. The amount standing on April 30 was 5.6 tons which steadily grew throughout the month to 6.89 tons. This “growth”... Read more » The post How Does The COMEX Fix This One? appeared first on Jim Sinclair's Mineset. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
The US Dollar Is The Biggest Bubble on the Planet And Has Just Began To Pop Posted: 31 May 2016 02:00 PM PDT Jeff interviews The Dollar Vigilante's Senior Analyst, Ed Bugos. Topics include: Ed's staggeringly profitable multi-bagger option calls for TDV subscribers in 2016 and his astonishing record of successful stock picks and market predictions over the last decade, the 3 commonly held myths concerning... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Gold Daily and Silver Weekly Charts - June Gold Deliveries Top 350,000 Ounces On First Day Posted: 31 May 2016 01:40 PM PDT | ||||||||||||||||||||||||||||||||||||||||||||||||||||
David Wilcock 2016 Predictions, Conspiracy Theories and Illuminati Posted: 31 May 2016 12:30 PM PDT David Wilcock 2016 Predictions, Conspiracy Theories and Illuminati 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! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Gary Johnson Acceptance Speech After Winning Libertarian Nomination Posted: 31 May 2016 11:29 AM PDT Gary Johnson Acceptance Speech After Winning Libertarian Nomination 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! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Texas Signs Hacked, Calling Trump a Shape Shifting Lizard Posted: 31 May 2016 10:48 AM PDT Electronic construction signs in the Dallas, Texas area appear to have been hacked to display messages supporting Bernie Sanders and calling Donald Trump "a shape-shifting lizard." (May 31) The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists ,... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Who Are The Rothschild's, A Look Into The Corporate Dynasty Posted: 31 May 2016 10:00 AM PDT Who are the Rothschild Family? This wealthy and influential family has funded wars, and helps sculpt the face of history. The 300 year old family line has become a corporate family dynasty, their wealth and influence are incalculable. The Financial Armageddon Economic Collapse Blog... [[ 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 Press Conference at Trump Tower (5-31-16) Posted: 31 May 2016 09:32 AM PDT Tuesday, May 31, 2016: Presumptive GOP Presidential nominee Donald Trump held a press conference at Trump Tower in New York City. Donald Trump Holds Press Conference at Trump Tower (5-31-16) The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists ,... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Clash Of The Titans Propels Gold Posted: 31 May 2016 09:32 AM PDT Graceland Update | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Brandon White: Investing is about being moral as well as right Posted: 31 May 2016 08:07 AM PDT By Brandon White "Trader Dan" Norcini, to whose May 24 commentary -- https://traderdan.com/?p=11693 -- GATA Secretary/Treasurer Chris Powell replied Monday -- http://www.gata.org/node/16482 -- is mistaken. Investing isn't just about being "right." It is also about being moral. If technical analysis showed a buy signal, then presumably Norcini would buy Monsanto, or cluster-bomb maker Alliant Techsystems, or a cosmetics manufacturer that tests its products on puppies. If there is one thing I think most members of the gold community have, it is a strong sense of right and wrong. I am proud to be part of this community and struggle for honesty, transparency, and social justice. I am proud to encourage the gold industry to maintain the highest standards against money laundering and terrorist financing. As an associate member of the London Bullion Market Association, I am proud of the LBMA's efforts to improve working conditions for miners and to stop the gold equivalent of "blood diamonds." ... Dispatch continues below ... 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. I am pleased to see the results of the responsible investment community in Canada, where I live, and around the world, engaging in dialogue with mining companies to improve the way they do business and make their executive compensation packages reflect company performance. (Extreme compensation for executives when share prices are down is irresponsible and offensive.) I am all over the concept of responsible investing as it relates to the gold market precisely because of the unsustainable and hazardous nature of our financial environment. The average person does not understand how precarious things are, and so I try to fight for him. Norcini has no idea how big the responsible investing community is. (It isn't just people of faith.) Nor does he know how big it will get. It already represents more than $1 trillion in assets under management globally and has doubled in the last two years with no sign of slowing down. In 2011 I recognized that the responsible investment community would be an excellent platform from which to present gold. I wasn't wrong. I believe that Bullion Management Group is now the world's most responsible precious metals company. Not only is BMG engaging in conversation with the LBMA's "Responsible Gold Guidance" program; we are also an associate member of Canada's preeminent Responsible Investment Association. Just last week we signed on to the United Nations-endorsed principles of responsible investment by becoming a signatory to the "Six Principles of Responsible Investing." We will be drafting the press release this week and presenting it at Canada's largest responsible investment conference the following week. Norcini's comments reflect the typical Wall Street attitude: abhorrently agnostic to the plight of the average person. All money managers understand that diversification is necessary for steady returns with low volatility. But most money managers fail to grasp the bigger view -- that it is the government and the banking system itself that investors need to hedge against. Adding gold to one's portfolio as a hedge (let's call it shorting big government and big banks) has been an effective way to achieve steady returns, reduce volatility, and insure against the madness of modern banking. Gold has provided a return of more than 350 percent since 2000. What index has done that? What bank stock has done that? What bond has done that? What currency has done that? What do all those securities have in common? They are nothing more than promises from dubious institutions that are fraught with multiple counterparty claims. Gold is not a promise. Gold does not need a portfolio manager. Gold does not need an institution. Gold will never file for bankruptcy. Gold can never be worthless. Gold cannot be dishonest. Gold is the exact opposite of, and competition to, government-issued money -- and that is why it is disparaged. If gold is really a "barbarous relic," then why do all major central banks own it? It's simple: Gold is a hedge against themselves. I'd love to hear a central banker admit it. ----- Brandon White is an analyst for Bullion Management Group in Markham, Ontario, Canada (http://bmgbullion.com/), and can be reached at b.white@bmgbullion.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: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Build Up to WW3 -- Ukraine refuses to pay off its Debt to Russia Posted: 31 May 2016 07:30 AM PDT Ukraine says it cannot repay Russia $3 billion debt Ukraine and Russia are in a deadlock over the repayment of Kiev's three billion dollar debt to Moscow. Ukraine is refusing to repay a loan it received from Russia back in 2013. Keiv claims the money was taken under an illegal agreement.... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
PROPHECY IS REAL - EVIL IS AT THE GATE Posted: 31 May 2016 07:00 AM PDT Watch in full screen and 1080p. Wake up NOW my friends, because BIBLE PROPHECY is REAL & HELL is being unleashed!! Yet, we know that THE GATES OF HELL will NOT prevail against us. God Bless All, TSTV The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
GERALD CELENTE: HUMANITY ON THE BRINK OF GLOBAL INSANITY 2016 Posted: 31 May 2016 06:08 AM PDT The wold is on the brink of insanity. Will it fall off the edge? Gerald Celente tells it like it is in what you won't hear on the corporate media with Gary Franchi on the Next News Network. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists ,... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]] | ||||||||||||||||||||||||||||||||||||||||||||||||||||
BREXIT Gold Diversification As Vote Fuels Market Uncertainty Posted: 31 May 2016 04:29 AM PDT BREXIT gold diversification is taking place due to concerns about the BREXIT vote on June 23rd as “smart money” institutions, banks and investors diversify into non negative yielding gold. | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Gold Price Not Ready for a Final Intermediate Cycle Low Posted: 31 May 2016 03:26 AM PDT The voice of complacency says no pullback in gold. Anyone who took profits will not get a chance to reenter. Here is the chart. Clearly this analyst was expecting gold to soon take out the 2014 high. It’s forming a bull flag and cup and handle patterns in preparation for the rocket launch right? | ||||||||||||||||||||||||||||||||||||||||||||||||||||
A Congested Gold Market Gives Us Buying Time for Gold Shares Posted: 31 May 2016 01:30 AM PDT Kitco | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Four Active Mining Companies You Should Be Watching Posted: 31 May 2016 01:00 AM PDT The mining industry has been very busy over the last few months with the gold price showing signs of stabilizing, financings getting completed, preliminary economic assessments being released, prefeasibility studies being updated and M&A activity increasing. The market has a buzz once again and Thibaut Lepouttre of Caesars Report profiles several companies that are reaping the rewards of being very active right now. |
You are subscribed to email updates from Save Your ASSets First. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google Inc., 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States |
No comments:
Post a Comment