Gold World News Flash |
- Russia & China Met Twice Last Week to Propose Monetary Reset – Willem Middelkoop
- ALERT: CRIMINAL CARTEL BANKS SHUTTING DOWN GOLD & SILVER BULLION BANK ACCOUNTS AS ECONOMY COLLAPSES
- Precious Metal Pandemonium – Silver Spikes Limit-Up, Gold Surges As China FX Basket Hits Record Low
- THE IMMINENT ARRIVAL OF QE TO INFINITY, AND HYPERINFLATION, HAS ARRIVED
- SILVER UPDATE: Short Squeeze
- SILVER JUST TOOK OUT $20: “We are at a flashpoint in history” — Andy Hoffman
- SILVER BRIEFLY PIERCED $21 SUNDAY NIGHT ON GLOBEX TRADING
- Target Prices of Gold from $5,000 to $12,000 per Ounce
- Gold Market Manipulation Has Created Rarest of Opportunities
- THIS SYSTEM IS DEAD — Harley Schlanger
- Gold, Silver Best Performing Assets In H1, 2016 – Up 26% and 38%
- The Transatlantic System is Doomed (and You Know It)
- Silver Spikes Through $20 on Globex Open!
- Precious Metal Pandemonium - Silver Spikes Limit-Up, Gold Surges As China FX Basket Hits Record Low
- Suicide Bomber Blows Himself Up In Front Of US Consulate In Saudi Arabia
- A Former NYMEX Trader Explains "The Mechanics Of Silver Manipulation"
- GoldSeek interview with GATA secretary covers gold suppression comprehensively
- The Curse Of Socialist Highways - How Government Ruins July 4th Travel
- Gary Savage: Manipulation of gold market has created rarest of oppotunities
- CERN OPENS GATEWAY TO OTHER DIMENSION IN SWITZERLAND
- Happy Fourth of July America. ❤️
- #Brexit & The Coming World War Sheikh Imran Hosein's Interview By Morris
- TRUMP TO USE 'PATRIOT ACT' TO PAY FOR WALL
- Will #Brexit Lead to #Grexit ?
- Weiss Research letter incorporates GATA's work
- Not Yours To Give
- UK House Prices BrExit Crash NOT Likely Despite London Property Market Weakness
- Breaking News And Best Of The Web
| Russia & China Met Twice Last Week to Propose Monetary Reset – Willem Middelkoop Posted: 04 Jul 2016 12:00 AM PDT by The Doc, Silver Doctors:
Larry, Brexit can be seen as part of a world wide revolt against the establishment, which gave us the British and American empire (together with a few dozen wars). Sure, insiders know this debt fueled growth model can't go on forever. Stating this in the past was a step out of the official 'party line'. But without anymore QE the whole system (house of cards) will simply start to collapse.
I will be waiting for insiders to start calling for Debt Restructurings and moves towards creating much more SDR-liquity to know real changes are being prepared. On a side note; Russia and Chinese leaders met twice during last week and called (again) for an end to the current (dollar) system.From my contacts with Chinese insiders I know they really understand our problems well and are clearly preparing for The Next Phase (a monetary and geopolitical reset) (note: bold emphasis is mine) regards, I think the best way I may be able to serve readers here in regards to this Brexit event is to simply list below links to articles from some of the various sources I cover on the monthly Crisis Watch update. This will give you a feel for how a variety of sources are reacting to the news and readers can form their own opinions from there. The only comment I would have is that this event is a clear example of why it is critical to stay alert and informed. We live in a globally interconnected financial system. There are systemic risks present in it all the time as we have thoroughly documented here from high credibility sources. It's not really fun to have to monitor this all the time, but we simply have no other choice given the world we live in today. Below are links to a variety of Brexit reactions I see out there. |
| ALERT: CRIMINAL CARTEL BANKS SHUTTING DOWN GOLD & SILVER BULLION BANK ACCOUNTS AS ECONOMY COLLAPSES Posted: 03 Jul 2016 11:50 PM PDT from World Source: |
| Precious Metal Pandemonium – Silver Spikes Limit-Up, Gold Surges As China FX Basket Hits Record Low Posted: 03 Jul 2016 11:50 PM PDT from ZeroHedge:
All of this is happening as China’s currency collapses to a record low since it began being published against a broad basket of majors… As a reminder, on April 21st PIMCO’s Harley Bassman suggested “The Fed should monetize gold”… In “Rumpelstiltskin at the Fed“, Bassman goes down the well-trodden path of proposing Fed asset purchases as the last ditch panacea for the US economy, however instead of buying bonds, or stocks, or crude oil, Bassman has a truly original idea: “the Fed should unleash a massive Fed gold purchase program that could echo a Depression-era effort that effectively boosted the U.S. economy.”
All of this is happening as China’s currency collapses to a record low since it began being published against a broad basket of majors…
Notably silver’s strength has unwound all of gold’s post-QE3 gains…
* * * As we detailed earlier, following silver’s best week since August 2013, dramatically catching up to gold’s recent performance, it appears, despite the volumeless meltup in stocks, that Brexit has sparked huge demand for the safety of precious metals.
|
| THE IMMINENT ARRIVAL OF QE TO INFINITY, AND HYPERINFLATION, HAS ARRIVED Posted: 03 Jul 2016 11:10 PM PDT by Andy Hoffman Miles Franklin:
It's 1:00 AM Saturday morning, and I'm writing this article with limited lighting and just a few hours of sleep. Unfortunately, Giselle's inability to settle down amidst lightning and thunderstorms has caused me to wake up – and consequently, I figured I'd pen a few thoughts about this week's historic events – particularly in the Precious Metal markets. And doggone it, "take a bow" for having been so dead on about this year's events! To wit, back on May 18th, when the Cartel launched the "Fed Minutes Attack" – by doubling up their historically high gold and silver shorts, under the guise of an awkwardly telegraphed potential June rate hike, I emphatically predicted it would miserably fail, in the longest, most emphatic Audioblog I've ever published.
Which couldn't have been more accurate; as following the issuance of the Fed's most dovish policy statement since the 2008 crisis a mere five weeks later, both gold and silver had surged back to their pre-Fed Minutes Attack levels, whilst the COMEX "Commercials"' short positions hadn't been reduced one iota. And thus, when two weeks later – a week before BrExit – said short positions were larger still, I theorized that the Cartel's inevitable, London-Gold-Pool-like demise was rapidly approaching. Which is why, on June 20th – three daysbefore BrExit – I penned "finally, the long-awaited 'Commercial Signal Failure' is nigh."
Switching topics, it was May 16th when I first characterized the BrExit referendum as the "most important – and Precious Metal bullish – election in history", due to my staunch belief that a "leave" result, as "unexpected" as it was at the time – would catalyze a chain reaction of populist movements yielding the end of the ill-begotten, ill-fated European Union and Euro currency. Meanwhile, on June 13th, after watching Deutschebank's stock dramatically underperform the (itself rapidly deteriorating European bank stock index) for several days, I penned "The Lehman of Europe – Deutschebank- is on the verge of collapse." Followed by June 18th's "upcoming, historic silver shortage" – catalyzed by the aforementioned explosion of naked "Commercial" shorts, and an unprecedented plunge in COMEX registered inventories, to an all-time low of less than $400 million worth. Frankly, my belief in an imminent Precious Metal surge – recall, I've spent the past four months saying "it is not possible the world can escape 2016 without a catastrophic financial event" – did not even assume a "leave" vote; which as it turns out, catalyzed the realization of the aforementioned predictions.
And lo and behold, when the British shocked the world – delivering a death blow to the powers that be, from the world's Central banks; to Barack Obama and Hillary Clinton; David Cameron; Shinzo Abe; Francois Holland; Matteo Renzi; and Angela Merkel, among countless others – Precious Metal prices surged like a bat out of hell. To that end, when the initial "leave" victory became evident last Thursday night, gold surged from its pre-election level of $1,255/oz all the way to $1,350, before being pushed down to Friday's closing level of $1,315/oz. Meanwhile silver surged from $17.50 to $18.35/oz, before the Cartel "controlled" it back to $17.80 by day's end.
That is, until we saw the COMEX COT report last Friday afternoon, revealing said "Commercials" had blown up their already record-high naked short gold and silver positions further, before BrExit even arrived. Which I discussed at length in Saturday's "BrExit Nightmare – What's Next?; followed by Tuesday's full-blown forecast of imminent Cartel demise, titled "spread the word – the Gold Cartel is in deep, deep trouble!"; catalyzed by silver's surge beyond the aforementioned post-BrExit high, even as the Cartel continued to successfully suppress gold.
Well, what happened in the ensuing three trading days took even me by surprise – as indisputably, the forces of "Economic Mother Nature" are swamping the powers that be's best laid plans to control sentiment via relentless, unfathomably vicious propaganda and market manipulation.
Certainly, the post-BrExit surge in anti-EU sentiment should come as no surprise – as no less than eight other EU members, including major players like France and Italy, appear likely to hold similar referendums in the coming years; or in some cases, months. As again, I cannot be more vehement in my belief that the UK's "leave" result delivered a fatal blow to the European Union and Euro currency. Not to mention, establishment politics the world round; as evidenced by Donald Trump's post-BrExit polling surge, irrespective of initial propagandist attempts to show otherwise.
However, the chain reaction of related, horrifying events has certainly been far larger, and broader, than the powers that be could control – from Puerto Rico's bond default today; to the Italian banking system's immediate bailout requirement – which I wrote ofon Wednesday; to yesterday's Austrian court decision to "re-run" last month's Presidential election, under the auspices that the surprise loss by anti-EU Freedom Party candidate Norbert Hofer was due to vote rigging; to the Mexican Central bank being forced to "unexpectedly" raise rates to stave off runaway inflation; to plunging oil prices; and of course, the catastrophic collapse in bank stock – led by none other than Deutschebank. In fact, amidst the past three days' comically blatant PPT stock market goosing – occurring as U.S. mutual funds fled the market for the 16th straight week – the single worst performing stock I see anywhere is good old, soon-to-be-bankrupt DB. Which shouldn't be surpising, given that on Wednesday night, after Deutschebank was one of just two banks to fail the Fed's unfailable "stress test," the IMF deemed it the "world's most systematically dangerous bank." |
| Posted: 03 Jul 2016 11:05 PM PDT from BrotherJohnF: Member Update 7/3/16 Short Squeeze |
| SILVER JUST TOOK OUT $20: “We are at a flashpoint in history” — Andy Hoffman Posted: 03 Jul 2016 10:40 PM PDT by SGT, SGT Report.com: Silver just took out $20 in Sunday night Globex trading, but that’s not all, silver briefly pierced $21 Sunday night before settling back to the mid $20’s. Andy Hoffman from Miles Franklin joins me for a Sunday update and warns, “We are at a flashpoint in history… there is literally a tiny, tiny window left for people to protect themselves before all hell breaks loose.” |
| SILVER BRIEFLY PIERCED $21 SUNDAY NIGHT ON GLOBEX TRADING Posted: 03 Jul 2016 10:33 PM PDT from Kitco:
|
| Target Prices of Gold from $5,000 to $12,000 per Ounce Posted: 03 Jul 2016 10:08 PM PDT |
| Gold Market Manipulation Has Created Rarest of Opportunities Posted: 03 Jul 2016 10:01 PM PDT The banksters, by manipulating the price of gold and artificially creating a bear market, have created what will likely turn out to be one of the greatest opportunities ever seen. I’ve maintained all along this was their goal. To create the most destructive bear market in history, which would then generate the largest bull market the world has ever seen. Folks, you might as well take advantage of this opportunity. The banksters aren’t the only ones that deserve to get rich. They have destroyed millions of peoples lives as the authorities stood by and watched them run the precious metals markets, and especially the mining sector, down to absurd levels over the last few years. Now they have switched sides and the attacks have stopped. It’s time for price to swing in the other direction. And it’s going to swing so far in the other direction, that I have no doubt before it is over this will be the largest bull market the world will ever see. |
| THIS SYSTEM IS DEAD — Harley Schlanger Posted: 03 Jul 2016 09:55 PM PDT by SGT, SGT Report.com: Harley Schlanger joins us for this inspirational discussion about the Brexit vote and the chaos that is having a very real, direct effect on the NWO globalist power structure and the City of London banksters. Harley says, the Brexit vote didn’t cause the chaos, it existed long before the vote. But Brexit does create “an opportunity for men of courage who have been speaking quietly behind the scenes to come forward and say THIS SYSTEM IS DEAD! We cannot reform it. We have to move out from under it.” And for the naysayers that claim this is all being done by design, Harley reports, “They’re seeing their whole system collapse… Some people will say, they want confusion, the want chaos. They have it. THEY HAD IT BEFORE THE BREXIT VOTE.” Visit Harley at LaRouchePAC.com to learn more. |
| Gold, Silver Best Performing Assets In H1, 2016 – Up 26% and 38% Posted: 03 Jul 2016 09:30 PM PDT from Gold Core:
Global stocks had a torrid first half with European and Asian stocks coming under severe selling pressure. The Euro Stoxx 50 fell 10.4%. The Nikkei was down a whopping 17%, while the Shanghai A shares was down by even more – nearly 20 percent.
Market Performance, H1, 2016 (Finviz.com) U.S. shares remained elevated – largely due to continuing zero percent interest policies (ZIRP) by the Federal Reserve – contrary to all the speculative, nonsense talk of the Fed rising rates. Gold and silver made gains due to continuing ultra loose monetary policies, diminished U.S. rate-increase expectations, worries about global economic growth, both U.S. and global geopolitical concerns and turmoil in markets at the start of Q1 and again at the end of Q2. The UK decision to leave the EU has exacerbated these risks and highlighted them for complacent western speculators and investors who seemed blissfully unaware of the growing geopolitical and macroeconomic risks. The case for gold and silver was already bullish prior to Brexit. Brexit is the "icing on the cake" and means that the fundamentals for gold and silver are arguably as good now as they have were in the early 1970s and the early 2000s. The smart money knows this and this is seen in the likes of Soros, Dalio, Druckenmiller and many of the world's largest financial institutions and indeed insurance companies allocating to the financial insurance that is gold in recent months. While Brexit is "icing on the cake" for the precious metals, for the financial system, it may be the proverbial "straw that breaks the camel's back." The global financial and monetary system has all the appearances of a very old camel that is on its last legs. Copious amounts of drugs have been pumped into the camel in recent years which has prolonged its miserable life by a few years. But, they have not dealt with the substantive issue of the camel's very old age. Similarly we have not dealt with the substantive issue of a global financial system that is drowning in trillions and trillions of dollars, euros, pounds etc of debt – some $60 trillion of which has been created since 2008. Brexit highlights the vulnerability of the Eurozone, the Eurozone banking system and the real potential for contagion in the global financial system. |
| The Transatlantic System is Doomed (and You Know It) Posted: 03 Jul 2016 08:30 PM PDT from LarouchePAC:
In discussions on Thursday with his Policy Committee and other colleagues, Lyndon LaRouche emphasized that the current financial system is breaking down, and the system, as a system, cannot survive. The major financial institutions, including the central banks, are hopelessly, irreversibly bankrupt. LaRouche noted that, while there is a terrible possibility of war, driven by the desperation of those circles whose power derives from the current financial system, much of the threats coming from the mouths of Barack Obama and some NATO officials are really all bluff. The threats they are issuing against Russia and China do not work.
Sign the Petition to Leave NATO!Nevertheless, that meddling, both on the financial and war fronts, can lead to a serious collapse that mankind is not ready to deal with. This week, both the International Monetary Fund and the Bank for International Settlements issued reports spelling out the systemic disintegration of the entire trans-Atlantic financial system. Lending by banks, throughout the advanced sector, has collapsed altogether. There is no capital flow into the real, productive economy, according to the data produced by the BIS. The IMF has issued a dire warning that Deutsche Bank is about to explode, and this alone could trigger a systemic crisis. As NATO officials finalize plans for the July 8-9 heads of state summit in Warsaw, Poland, the frenzy against Russia is building up even further. On Wednesday, President Obama was in Ottawa for his final summit with his Canadian and Mexican counterparts. He used the occasion to launch into a tirade against Russia, practically begging Canada to dispatch a combat battalion to the Baltic States. Counter-pose this madness with the extraordinary Schiller Institute conference that took place last weekend in Berlin, where leaders from four continents came together, to take up the question of a new paradigm of thinking to get the world out of the present existential disaster. As both Lyndon and Helga LaRouche emphasized during the weekend proceedings in Berlin, what is urgently needed is a revolutionary shift in thinking, focused on building a future of cooperation among sovereign nations and integrated regions of the world. China's One Belt, One Road program is paradigmatic of the kind of new thinking that must be adopted by leading citizens of the world. The current system is dead and cannot survive for very much longer. Helga Zepp-LaRouche’s keynote address from the June 25-26, 2016 Berlin conference is now available, stay tuned for more! |
| Silver Spikes Through $20 on Globex Open! Posted: 03 Jul 2016 08:29 PM PDT from Silver Doctors: So much for the suspense! Silver apparently isn't done yet, and has picked up right where it left off Friday afternoon:
After hovering near $19.75 for the first 30 minutes of Globex trading, silver has just gone vertical once again, slicing through $20 with a last of $20.18.
|
| Precious Metal Pandemonium - Silver Spikes Limit-Up, Gold Surges As China FX Basket Hits Record Low Posted: 03 Jul 2016 07:50 PM PDT Update: Silver just exploded above $21 - up almost 8% - its biggest single day surge since September 2013. Silver is limit up on SHFE as Gold is also surging back towards Brexit highs near $1360... China's CFETS Renminbi basket just hit a record low..
All of this is happening as China's currency collapses to a record low since it began being published against a broad basket of majors...
As we detailed earlier, e xtending Friday's gains, Silver futures just broke above $20 for the first time since August 2014...
And Gold topped $1350 once again...
Following silver's best week since August 2013, dramatically catching up to gold's recent performance, it appears, despite the volumeless meltup in stocks, that Brexit has sparked huge demand for the safety of precious metals.
For a second straight week, funds boosted their net-long futures and options positions in the two metals to the highest since the data begins in 2006.
Money managers have been piling in on demand for havens and speculation that interest rates will stay low as central bankers around the world struggle to contain the economic fallout from the U.K.’s vote to quit the European Union. But what happens next?
As a reminder, on April 21st PIMCO's Harley Bassman suggested "The Fed should monetize gold"... In "Rumpelstiltskin at the Fed", Bassman goes down the well-trodden path of proposing Fed asset purchases as the last ditch panacea for the US economy, however instead of buying bonds, or stocks, or crude oil, Bassman has a truly original idea: "the Fed should unleash a massive Fed gold purchase program that could echo a Depression-era effort that effectively boosted the U.S. economy." He is of course, referring to FDR's 1933 Executive Order 6102, which made it illegal for a citizen to own gold bullion or coins. Americans promptly sold their gold to the government at the official price of $20.67, with the resulting hoard of gold was then placed in Fort Knox. The Gold Reserve Act of 1934 raised the official price of gold to $35.00, a near 70% increase. It also resulted in an implicit devaluation of the US dollar. As Bassman points out, over the three years from January 1934 to December 1936, GDP increased by 48%, the Dow Jones stock index rose by nearly 80%, and most salient to our topic, inflation averaged a positive 2% annually, despite a national unemployment rate hovering around 18%. In short, a brief economic nirvana which was unleashed by the devaluation of the dollar confiscation of gold. In fact, we have frequently hinted in the past that another Executive Order 6102 is inevitable for precisely these reasons. However this is the first time when we see a "respected economist" openly recommend this idea as a matter of monetary policy. Bassman says that the Fed should "emulate a past success by making a public offer to purchase a significantly large quantity of gold bullion at a substantially greater price than today’s free-market level, perhaps $5,000 an ounce? It would be operationally simple as holders could transact directly at regional Federal offices or via authorized precious metal assayers." What would the outcome of such as "QE for the goldbugs" look like? His summary assessment:
And it seems someone is front-running that moment...
Source: Bloomberg |
| Suicide Bomber Blows Himself Up In Front Of US Consulate In Saudi Arabia Posted: 03 Jul 2016 07:21 PM PDT After last night's massive suicide bombing in Baghdad which killed over 100, and which ISIS took responsibility for, we doubt the Islamic State will be just as quick to take credit for tonight's latest terrorist attempt, this time in the Saudi Arabian city of Jeddah, where a suspected suicide bomber was killed in front of the US consulate.
As the Saudi Gazette reports, security authorities have raised the alert in Jeddah to the maximum after a suicide bombing attempt in which an individual blew himself up inside a car in front of the US Consulate in Jeddah.
According to Sabq sources two diplomatic security personnel were injured in the blast. They were rushed to the hospital. Security forces in Jeddah surrounded the area and enforced a lockdown where the consulate is located. Security forces are following up on the situation. BBC adds that two policeman were reportedly injured in the incident and the attacker is said to be dead. The attack came in the early hours of US Independence Day. The Jeddah consulate was the scene of a militant attack in 2004, which left nine people dead. The attack coming on July 4 is hardly a coincidence. For now, the market is not reading too much into it, with WTI up just 2 cents; if anything it is silver which is surging which as of moments ago just hit limit up in Shanghaim, surging by 6%. |
| A Former NYMEX Trader Explains "The Mechanics Of Silver Manipulation" Posted: 03 Jul 2016 07:19 PM PDT Submitted Vincent Lanci, as posted originally on Marketslant
The Mechanics of Silver Manipulation
JPMorgan Chase on Wednesday won the dismissal of three private antitrust lawsuits, including from hedge fund manager Daniel Shak, accusing the largest U.S. bank of rigging a market for silver futures contracts |
| GoldSeek interview with GATA secretary covers gold suppression comprehensively Posted: 03 Jul 2016 06:53 PM PDT 9:50p ET Sunday, July 3, 2016 Dear Friend of GATA and Gold: GoldSeek Radio and its host, Chris Waltzek, have given your secretary/treasurer an opportunity to explain gold price suppression in a comprehensive interview. Among your secretary/treasurer's observations: -- Central banks obscure their gold transactions to facilitate their currency market interventions. -- U.S. government policy long has been to push gold out of the international monetary system to protect the dollar's status as the world reserve currency. -- Central banks are secretly trading gold derivatives, to use the words of a French central banker, "nearly on a daily basis." -- The West's market economy is an illusion. -- The immediate victims of gold price suppression are commodity-producing countries, developing countries. But developed countries are victims too, since the scheme destroys their markets and democracy. This sort of central banking is an essentially totalitarian system controlling the prices of all capital, labor, goods, and services in the world. -- Central banks meet in secret to formulate and implement their policies and this is by definition conspiracy. -- Gold price suppression policy is extensively documented in government archives and other official records. -- The Gold Reserve Act specifically authorizes the U.S. government, through the Treasury Department's Exchange Stabilition Fund, to rig any markets in the world in secret. -- All major central banks are probably participating in the gold price suppression scheme, aiming to redistribute world gold reserves so holders of dollar surpluses are hedged when the dollar is devalued. -- Central banks probably will revalue gold upward substantially overnight, beginning a new half century of gold price suppression and market rigging at more sustainable levels. The interview is 40 minutes long and can be heard at GoldSeek here: http://news.goldseek.com/GATA/1467648671.php CHRIS POWELL, Secretary/Treasurer 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: New Orleans Investment Conference 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: |
| The Curse Of Socialist Highways - How Government Ruins July 4th Travel Posted: 03 Jul 2016 06:15 PM PDT Submitted by Tho Bishop via The Mises Institute, At its best, Independence Day is a celebration of American secession and a testament to individual liberty. At its worst, Independence Day is still a day where government offices are closed, American grills are lit and the evening sky is full of fireworks, which is still pretty good (at least in my subjective value.) Unfortunately the travel before and after the 4th of July is a different story, with it widely considered one of the worst travel days of the year. While the desire to take advantage of the holiday to enjoy friends and family is a natural product of humans being inherently social creatures, the degree to which this congestion leads to headache and misery rests solely with the institution responsible for them during the rest of the year – the government. The Curse of Socialist HighwaysThe question “who will build the roads?” has become such a statist cliché that it’s perhaps the only libertarian internet meme bigger than “taxation is theft” and Ron Paul informing us that “it’s happening.” It has earned that designation because the entire idea of roads and highways has become so synonymous with government that even Joe McCarthy voted for this form of socialism. Of course, the purpose for the current American interstate system had nothing to do with consumer demand and everything to do with military transportation throughout the country. While some may defend such a project on that basis, it shouldn’t be a surprise that interstates designed to transport tanks and weapons aren’t always the best at facilitating family travel. As Walter Block has long argued, much of the congestion on these highways is a direct result of their being in the control of government and therefore being unable to have proper pricing. In his article Congestion and Road Pricing, Dr. Block rebuts various arguments defending public management of highways, as well as government-based solutions (such as automobile bans that were in vogue at the time). Block identifies how free market solutions would solve the problem of congestion, such as enabling “travel entrepreneurs” to design and fund higher-cost toll roads for travelers who don’t mind paying extra for a quicker drive. Not only would such a system obviously cut down the congestion for these “luxury drivers”, but their absence from more commonly used roads means less congestion for those who don’t use them. We have seen this play out when governments have tried to imitate this highway pricing mechanism with the construction of various higher-cost toll roads across the country. While so called “Lexus lanes” do offer alternatives to traditional highways and thus make some impact on congestion, they still suffer from the same problem inherent with government infrastructure in its lack of real economic calculation. Government allowing taxi’s to charge more when picking up from airports isn’t a replacement for Uber surge pricing, and the USPS charging more for overnight deliver isn’t a replacement for Fed Ex. While there are a few examples of genuine private roads in America -- the Orchard Pond Parkway, Florida’s first privately funded toll road, opened up earlier this year – as long as government roads enjoy the privilege of being subsidized by gasoline taxes over private investment, the highways system will continue to be commanded with all the efficiency of Soviet central planners. It’s also worth noting the irony that this government project which is often held up by the left as an example of the necessity of government, is also the greatest hindrance to the progressive desire to eliminate gas-burning cars. As libertarians have long pointed out, the Federal highway project was a massive government subsidy to the automobile industry at the expense of alternative travel options – including trains and airplanes. Of course since the government has its own ways of controlling both rails and airspace, we’d likely be suffering from a whole other set of government-caused issues anyway. Government’s Unfriendly SkiesSpeaking of air travel, we would be amiss without highlighting some of the ways government has destroyed the fun of flying. Some of these are obvious, especially given the number of headlines this spring highlighting how the TSA’s security theater had created unprecedented wait times throughout the country. American Airlines alone reported having 70,000 missed flights due to TSA complications. Even more appalling are the numerous examples of the TSA failing to treat customers with basic human dignity, such as the most recent example of a disabled 19-year old left bloodied after trying to go through airport security in Memphis. Americans have good reason to be even more livid at these issues than those caused by highway congestion. While government roads have their share of problems, they will at least manage to get you where you need to go. The TSA, on the other hand, doesn’t even succeed at achieving its stated mission. If there is a silver lining to be found in the TSA’s spectacularly incompetence, it’s that the performance has been so abysmal that even government-managed airports are having to seriously consider alternatives. Subsidizing Terrible AirlinesWhile the TSA represents an obvious example of government ruining flying, there are a variety of others ways government can ruin air travel. While it may be difficult to rally the public around Murray Rothbard’s calls to abolish the FAA at this time, another program that should infuriate tax payers is the Essential Air Service program. While billed as a way to ensure airlines maintain flights in “underserved” rural communities, in practice it serves as a way for poorly operated airlines to make money in spite of how well they serve their clients. One airline that received near $18.5 million dollars is Silver Airlines, which recently left my hometown of Panama City Beach, FL and is perhaps the worst company I’ve ever done business with. During their time in PCB, my family attempted to fly with them four different times for eight different flights. Of those eight times, only two operated without problem. Two flights were cancelled without any notice and the other four suffered delays ranging from three-six hours. While delays and flying weight concerns are part of the operational hazard of flying, Silver Airlines compounded the issue with poor customer service and vouchers that did not adequately cover the expenses of delay. An attempt to resolve these complaints with company management is directed to an automated system as useful as the TSA. Ludwig von Mises described capitalism as “a social system of consumers’ supremacy.” As such, following our last experience with Silver, my family agreed to never use them again, the taxes we pay are still going to pad their bottom line. While Silver’s abysmal record is not an indictment on all the other airlines that utilize the EAS program, it is an example of what happens when government intervention serves to enrich terribly operated companies regardless of consumer demand. So if you find yourself wasting hours stuck in holiday traffic or at the airport this 4th of July, remind yourself that the solution to your headache can be found within the reason for this particular season. If we were to claim independence from the modern-day royalty of the beltway, the markets will ensure better holidays in the future. |
| Gary Savage: Manipulation of gold market has created rarest of oppotunities Posted: 03 Jul 2016 04:38 PM PDT 7:37p ET Sunday, July 3, 2016 Dear Friend of GATA and Gold: Gary Savage of the Smart Money Tracker financial letter writes today that the middle-of-the-night shorting attacks on gold by bullion banks have stopped and that they have created "the rarest of opportunities" for investors as they drive gold -- and gold-mining shares -- back up. Savage's commentary is headlined ""Manipulation of the Gold Market Has Created Rarest of Opportunities" and it's posted at his Internet site here: http://blog.smartmoneytrackerpremium.com/2016/07/manipulation-gold-marke... 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: New Orleans Investment Conference 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: |
| CERN OPENS GATEWAY TO OTHER DIMENSION IN SWITZERLAND Posted: 03 Jul 2016 03:20 PM PDT BREAKING: Footage seen by millions of viewersMore: STFNews.comSupport: https://www.indiegogo.com/projects/st... The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]  |
| Happy Fourth of July America. ❤️ Posted: 03 Jul 2016 02:57 PM PDT The American infidel SS. Happy Fourth of July America. ❤️ 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! ]]  |
| #Brexit & The Coming World War Sheikh Imran Hosein's Interview By Morris Posted: 03 Jul 2016 12:00 PM PDT Brexit, The Collapse Of The Global Economy & The Coming World War: Interview With Sheikh Imran Hosein By Morris Interview held on 27 Ramadan 1437 / 2 July 2016 in KL, Malaysia. Recorded By 108morris108 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! ]]  |
| TRUMP TO USE 'PATRIOT ACT' TO PAY FOR WALL Posted: 03 Jul 2016 11:14 AM PDT Donald Trump said he would force Mexico to pay for a border wall with the United States by blocking Mexican immigrants from sending money back home, the Republican presidential front-runner told The Washington Post in a memo. The Financial Armageddon Economic Collapse Blog tracks trends... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]  |
| Will #Brexit Lead to #Grexit ? Posted: 03 Jul 2016 10:30 AM PDT Dimitri Lascaris says so-called leftist or socialist governments throughout the EU are engaging in self-immolation by embracing austerity, and then become wildly unpopular with the electorate 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! ]]  |
| Weiss Research letter incorporates GATA's work Posted: 03 Jul 2016 08:04 AM PDT 11:04a ET Sunday, July 3, 2016 Dear Friend of GATA and Gold: In a promotional video, the Uncommon Wisdom Daily financial letter, part of the Weiss Research organization in Palm Beach Gardens, Florida, has incorporated GATA's work about gold market manipulation and actually has provided a bit of attribution. The video is titled "The Great Gold Cover-Up" and it's posted here: http://www.uncommonwisdomdaily.com/reports/cfk/goldcoverup/ CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT Camino Minerals Signs a Letter of Intent Company Announcement VANCOUVER, British Columbia, Canada -- Camino Minerals Corp. is pleased to announce the signing of a letter of intent with Minas Andinas SA, pursuant to which it can acquire through a wholly owned subsidiary, Camino Resources SAC, a 100-percent interest in the Los Chapitos project. The property consists of seven claims, totaling 3,200 hectares (7,900 acres), and is located 15 kilometers north of the coastal city of Chala, Department of Arequipa, Peru. At Los Chapitos all the known mineralization is associated with structurally controlled breccia zones with moderate to intense potassium alteration. Small-scale mining was active on the western side of the property in the 1940s and '50s, which produced high-grade copper oxide mineralization from the El Atajos Zone. This zone ranges in width from 8 meters to 20 meters and grade from 0.8 percent to +2 percent copper oxides over a strike length of 400 meters. Approximately 6 kilometers to the east are three additional zones which outcrop along a 1-kilometer trend and were previously sampled by the vendor. ... ... For the complete announcement: https://finance.yahoo.com/news/camino-minerals-signs-letter-intent-09000... Join GATA here: New Orleans Investment Conference 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: |
| Posted: 03 Jul 2016 08:00 AM PDT This post Not Yours To Give appeared first on Daily Reckoning. One day in the House of Representatives a bill was taken up appropriating money for the benefit of a widow of a distinguished naval officer. Several beautiful speeches had been made in its support. The speaker was just about to put the question when Crockett arose: "Mr. Speaker — I have as much respect for the memory of the deceased, and as much sympathy for the suffering of the living, if there be, as any man in this House, but we must not permit our respect for the dead or our sympathy for part of the living to lead us into an act of injustice to the balance of the living. I will not go into an argument to prove that Congress has not the power to appropriate this money as an act of charity. Every member on this floor knows it. "We have the right as individuals, to give away as much of our own money as we please in charity; but as members of Congress we have no right to appropriate a dollar of the public money. Some eloquent appeals have been made to us upon the ground that it is a debt due the deceased. Mr. Speaker, the deceased lived long after the close of the war; he was in office to the day of his death, and I ever heard that the government was in arrears to him. "Every man in this House knows it is not a debt. We cannot without the grossest corruption, appropriate this money as the payment of a debt. We have not the semblance of authority to appropriate it as charity. Mr. Speaker, I have said we have the right to give as much money of our own as we please. I am the poorest man on this floor. I cannot vote for this bill, but I will give one week's pay to the object, and if every member of Congress will do the same, it will amount to more than the bill asks." He took his seat. Nobody replied. The bill was put upon its passage, and, instead of passing unanimously, as was generally supposed, and as, no doubt, it would, but for that speech, it received but few votes, and, of course, was lost. Later, when asked by a friend why he had opposed the appropriation, Crockett gave this explanation: "Several years ago I was one evening standing on the steps of the Capitol with some members of Congress, when our attention was attracted by a great light over in Georgetown. It was evidently a large fire. We jumped into a hack and drove over as fast as we could. In spite of all that could be done, many houses were burned and many families made houseless, and besides, some of them had lost all but the clothes they had on. The weather was very cold, and when I saw so many children suffering, I felt that something ought to be done for them. The next morning a bill was introduced appropriating $20,000 for their relief. We put aside all other business and rushed it through as soon as it could be done. "The next summer, when it began to be time to think about election, I concluded I would take a scout around among the boys of my district. I had no opposition there but, as the election was some time off, I did not know what might turn up. When riding one day in a part of my district in which I was more of a stranger than any other, I saw a man in a field plowing and coming toward the road. I gauged my gait so that we should meet as he came up, I spoke to the man. He replied politely, but as I thought, rather coldly. "I began: 'Well friend, I am one of those unfortunate beings called candidates and –' "'Yes I know you; you are Colonel Crockett. I have seen you once before, and voted for you the last time you were elected. I suppose you are out electioneering now, but you had better not waste your time or mine, I shall not vote for you again.' "This was a sockdologer… I begged him tell me what was the matter. "'Well Colonel, it is hardly worthwhile to waste time or words upon it. I do not see how it can be mended, but you gave a vote last winter which shows that either you have not capacity to understand the Constitution, or that you are wanting in the honesty and firmness to be guided by it. In either case you are not the man to represent me. But I beg your pardon for expressing it that way. I did not intend to avail myself of the privilege of the constituent to speak plainly to a candidate for the purpose of insulting you or wounding you. "'I intend by it only to say that your understanding of the constitution is very different from mine; and I will say to you what but for my rudeness, I should not have said, that I believe you to be honest.' "'But an understanding of the constitution different from mine I cannot overlook, because the Constitution, to be worth anything, must be held sacred, and rigidly observed in all its provisions. The man who wields power and misinterprets it is the more dangerous the honest he is.' "'I admit the truth of all you say, but there must be some mistake. Though I live in the backwoods and seldom go from home, I take the papers from Washington and read very carefully all the proceedings of Congress. My papers say you voted for a bill to appropriate $20,000 to some sufferers by fire in Georgetown. Is that true?' "'Well my friend; I may as well own up. You have got me there. But certainly nobody will complain that a great and rich country like ours should give the insignificant sum of $20,000 to relieve its suffering women and children, particularly with a full and overflowing treasury, and I am sure, if you had been there, you would have done just the same as I did.' "'It is not the amount, Colonel, that I complain of; it is the principle. In the first place, the government ought to have in the Treasury no more than enough for its legitimate purposes. But that has nothing with the question. The power of collecting and disbursing money at pleasure is the most dangerous power that can be entrusted to man, particularly under our system of collecting revenue by a tariff, which reaches every man in the country, no matter how poor he may be, and the poorer he is the more he pays in proportion to his means. "'What is worse, it presses upon him without his knowledge where the weight centers, for there is not a man in the United States who can ever guess how much he pays to the government. So you see, that while you are contributing to relieve one, you are drawing it from thousands who are even worse off than he. "'If you had the right to give anything, the amount was simply a matter of discretion with you, and you had as much right to give $20,000,000 as $20,000. If you have the right to give at all; and as the Constitution neither defines charity nor stipulates the amount, you are at liberty to give to any and everything which you may believe, or profess to believe, is a charity and to any amount you may think proper. You will very easily perceive what a wide door this would open for fraud and corruption and favoritism, on the one hand, and for robbing the people on the other. No, Colonel, Congress has no right to give charity. "'Individual members may give as much of their own money as they please, but they have no right to touch a dollar of the public money for that purpose. If twice as many houses had been burned in this country as in Georgetown, neither you nor any other member of Congress would have thought of appropriating a dollar for our relief. There are about two hundred and forty members of Congress. If they had shown their sympathy for the sufferers by contributing each one week's pay, it would have made over $13,000. There are plenty of wealthy men around Washington who could have given $20,000 without depriving themselves of even a luxury of life. "'The congressmen chose to keep their own money, which, if reports be true, some of them spend not very creditably; and the people about Washington, no doubt, applauded you for relieving them from necessity of giving what was not yours to give. The people have delegated to Congress, by the Constitution, the power to do certain things. To do these, it is authorized to collect and pay moneys, and for nothing else. Everything beyond this is usurpation, and a violation of the Constitution. "'So you see, Colonel, you have violated the Constitution in what I consider a vital point. It is a precedent fraught with danger to the country, for when Congress once begins to stretch its power beyond the limits of the Constitution, there is no limit to it, and no security for the people. I have no doubt you acted honestly, but that does not make it any better, except as far as you are personally concerned, and you see that I cannot vote for you.' "I tell you I felt streaked. I saw if I should have opposition, and this man should go to talking and in that district I was a gone fawn-skin. I could not answer him, and the fact is, I was so fully convinced that he was right, I did not want to. But I must satisfy him, and I said to him: "'Well, my friend, you hit the nail upon the head when you said I had not sense enough to understand the Constitution. I intended to be guided by it, and thought I had studied it fully. I have heard many speeches in Congress about the powers of Congress, but what you have said here at your plow has got more hard, sound sense in it than all the fine speeches I ever heard. If I had ever taken the view of it that you have, I would have put my head into the fire before I would have given that vote; and if you will forgive me and vote for me again, if I ever vote for another unconstitutional law I wish I may be shot.' "He laughingly replied; 'Yes, Colonel, you have sworn to that once before, but I will trust you again upon one condition. You are convinced that your vote was wrong. Your acknowledgment of it will do more good than beating you for it. If, as you go around the district, you will tell people about this vote, and that you are satisfied it was wrong, I will not only vote for you, but will do what I can to keep down opposition, and perhaps, I may exert some little influence in that way.' "If I don't, said I, 'I wish I may be shot; and to convince you that I am in earnest in what I say I will come back this way in a week or ten days, and if you will get up a gathering of people, I will make a speech to them. Get up a barbecue, and I will pay for it.' "'No, Colonel, we are not rich people in this section but we have plenty of provisions to contribute for a barbecue, and some to spare for those who have none. The push of crops will be over in a few days, and we can then afford a day for a barbecue. This Thursday; I will see to getting it up on Saturday week. Come to my house on Friday, and we will go together, and I promise you a very respectable crowd to see and hear you.' "'Well I will be here. But one thing more before I say good-bye. I must know your name.' "'My name is Bunce.' "'Not Horatio Bunce?' "'Yes.' "'Well, Mr. Bunce, I never saw you before, though you say you have seen me, but I know you very well. I am glad I have met you, and very proud that I may hope to have you for my friend.' "It was one of the luckiest hits of my life that I met him. He mingled but little with the public, but was widely known for his remarkable intelligence, and for a heart brim-full and running over with kindness and benevolence, which showed themselves not only in words but in acts. He was the oracle of the whole country around him, and his fame had extended far beyond the circle of his immediate acquaintance. Though I had never met him, before, I had heard much of him, and but for this meeting it is very likely I should have had opposition, and had been beaten. One thing is very certain, no man could now stand up in that district under such a vote. "At the appointed time I was at his house, having told our conversation to every crowd I had met, and to every man I stayed all night with, and I found that it gave the people an interest and confidence in me stronger than I had ever seen manifested before. "Though I was considerably fatigued when I reached his house, and, under ordinary circumstances, should have gone early to bed, I kept him up until midnight talking about the principles and affairs of government, and got more real, true knowledge of them than I had got all my life before. "I have known and seen much of him since, for I respect him — no, that is not the word — I reverence and love him more than any living man, and I go to see him two or three times every year; and I will tell you, sir, if every one who professes to be a Christian lived and acted and enjoyed it as he does, the religion of Christ would take the world by storm. "But to return to my story. The next morning we went to the barbecue and, to my surprise, found about a thousand men there. I met a good many whom I had not known before, and they and my friend introduced me around until I had got pretty well acquainted — at least, they all knew me. "In due time notice was given that I would speak to them. They gathered up around a stand that had been erected. I opened my speech by saying: "'Fellow-citizens — I present myself before you today feeling like a new man. My eyes have lately been opened to truths which ignorance or prejudice or both, had heretofore hidden from my view. I feel that I can today offer you the ability to render you more valuable service than I have ever been able to render before. I am here today more for the purpose of acknowledging my error than to seek your votes. That I should make this acknowledgment is due to myself as well as to you. Whether you will vote for me is a matter for your consideration only.' "I went on to tell them about the fire and my vote for the appropriation and then told them why I was satisfied it was wrong. I closed by saying: "'And now, fellow-citizens, it remains only for me to tell you that the most of the speech you have listened to with so much interest was simply a repetition of the arguments by which your neighbor, Mr. Bunce, convinced me of my error. "'It is the best speech I ever made in my life, but he is entitled to the credit for it. And now I hope he is satisfied with his convert and that he will get up here and tell you so.' "He came up to the stand and said: "'Fellow-citizens — it affords me great pleasure to comply with the request of Colonel Crockett. I have always considered him a thoroughly honest man, and I am satisfied that he will faithfully perform all that he has promised you today.' "He went down, and there went up from that crowd such a shout for Davy Crockett as his name never called forth before. "I am not much given to tears, but I was taken with a choking then and felt some big drops rolling down my cheeks. And I tell you now that the remembrance of those few words spoken by such a man, and the honest, hearty shout they produced, is worth more to me than all the honors I have received and all the reputation I have ever made, or ever shall make, as a member of Congress. "Now, sir," concluded Crockett, "you know why I made that speech yesterday. There is one thing which I will call your attention, you remember that I proposed to give a week's pay. There are in that House many very wealthy men — men who think nothing of spending a week's pay, or a dozen of them, for a dinner or a wine party when they have something to accomplish by it. Some of those same men made beautiful speeches upon the great debt of gratitude which the country owed the deceased — a debt which could not be paid by money — and the insignificance and worthlessness of money, particularly so insignificant a sum as $20,000 when weighed against the honor of the nation. Yet not one of them responded to my proposition. Money with them is nothing but trash when it is to come out of the people. But it is the one great thing for which most of them are striving, and many of them sacrifice honor, integrity, and justice to obtain it." Regards, Col. David Crockett Originally published in "The Life of Colonel David Crockett," by Edward Sylvester Ellis Ed. Note: Whether this essay is completely factual, a complete fabrication or somewhere in between is not important. The lessons on government spending it espouses are invaluable. Discover even more of these lessons (and ways to protect and grow your own personal wealth) by signing up for the FREE Daily Reckoning email edition, right here. The post Not Yours To Give appeared first on Daily Reckoning. |
| UK House Prices BrExit Crash NOT Likely Despite London Property Market Weakness Posted: 03 Jul 2016 07:42 AM PDT The establishment REMAIN camp peddled the same story for the UK housing market all year, one of a collapse, crash or worse! As operation fear each month ramped up the threats of that which awaited a post Brexit Britain. The house prices crash fear mongering even emanated direct from George Osborne himself who warned: “If we leave the European Union there will be an immediate economic shock that will hit financial markets... That affects the value of people’s homes and the Treasury analysis shows that there would be a hit to the value of people’s homes by at least 10 per cent and up to 18 per cent." |
| Breaking News And Best Of The Web Posted: 02 Jul 2016 06:44 PM PDT Great Bill Fleckenstein interview. Gold generates massive buzz. US growth subdued, Japan growth nonexistent. Lots of speculation about the end of the EU. UK in turmoil post-Brexit as Labour votes to oust leader and Boris Johnson drops out of PM race. Stocks recover worldwide as Brexit fears wane. Interest rates continue to fall while central […] The post Breaking News And Best Of The Web appeared first on DollarCollapse.com. |
First, here are the comments Willem Middelkoop gave me by email with permission to publish here:
Update: Silver has exploded above $21 – up almost 8% – its biggest single day surge since September 2013. Silver is limit up on SHFE as Gold is also surging back towards Brexit highs near $1360… China’s CFETS Renminbi basket just hit a record low..
pictured: Finnish Navy minelayer FNS Uusimaa sails in the Baltic Sea during BALTOPS June 7, 2016 as part of exercises to demonstrate resolve among NATO and partner forces.
| 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