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

Thursday, July 7, 2016

saveyourassetsfirst3

saveyourassetsfirst3


Gold at 2011-2012 Trendline; Major Decision Point

Posted: 07 Jul 2016 01:23 PM PDT

Centerra: Kyrgyzstan Gold Play

Posted: 07 Jul 2016 01:17 PM PDT

Global Selloff Over EU Fears: “We’ve Never Had A Shock To The System Like This”

Posted: 07 Jul 2016 01:00 PM PDT

There are significant and growing "fears the global economy will worsen due to Europe"…   Lowest Priced Silver Eagles By Tyler Durden, Zero Hedge The flight to safety following last week's quarter-end window dressing is accelerating, with constant news and flashing red headlines of record low yields across DM government bonds once the norm, and as […]

The post Global Selloff Over EU Fears: "We've Never Had A Shock To The System Like This" appeared first on Silver Doctors.

Streamers: A River Of Gold

Posted: 07 Jul 2016 12:59 PM PDT

Former NYMEX Trader Breaks Down “The Mechanics Of Silver Manipulation”

Posted: 07 Jul 2016 12:50 PM PDT

What follows is how JPM manipulated the silver markets by selling the Silver contango during illiquid hours, then used their deep pockets to push settlements, then waited until margin calls made the large locals puke their positions. JPM in effect stretched the relationship between forward rates and futures spreads until they made no sense anymore. […]

The post Former NYMEX Trader Breaks Down “The Mechanics Of Silver Manipulation” appeared first on Silver Doctors.

GLD: Dog Days Of Summer Or Rip Roaring Rally?

Posted: 07 Jul 2016 12:13 PM PDT

19-Year Old Paralyzed Cancer Patient Brutalized By TSA

Posted: 07 Jul 2016 12:00 PM PDT

Welcome to the USSA… Buy 90% Junk Silver at SD Bullion As Low As $1.99/oz Over Spot! LIVE and Historical Market Data, Charts, and PM Prices: Submitted by Simon Black, Sovereign Man: 19-year old Hannah Cohen should have been partying. Living with multiple disabilities like paralysis, partial deafness, and blindness in one eye, Hannah also suffers […]

The post 19-Year Old Paralyzed Cancer Patient Brutalized By TSA appeared first on Silver Doctors.

Venezuelans Swarm Over Border In Search of Food: “We Crossed Because Our Children Are Hungry”

Posted: 07 Jul 2016 11:36 AM PDT

The End Game has arrived. Venezuela is reaching the point of total desperation…   Buy 90% Junk Silver Coins at SD Bullion As Low As $1.99/oz Over Spot!   Today's Gold and Silver Charts, and PM Prices:                     Submitted by Mac Slavo, SHTFPlan: Women are now pouring over […]

The post Venezuelans Swarm Over Border In Search of Food: "We Crossed Because Our Children Are Hungry" appeared first on Silver Doctors.

Deutsche Bank to Trigger the Next “Financial Crisis”!

Posted: 07 Jul 2016 11:00 AM PDT

I am certain that you remember Lehman Brothers and the "chaos" that it created when it 'failed'.  If you think that the Worlds' Central Banks are now wiser and consequently will not allow another similar event to occur, think again…  2 oz Silver Queen's Beasts  Just $2.89 Over Spot, ANY QTY At SD Bullion! Submitted […]

The post Deutsche Bank to Trigger the Next "Financial Crisis"! appeared first on Silver Doctors.

Stunning Videos Capture What Motorists Do Inside Tesla Self-Driving Cars

Posted: 07 Jul 2016 09:59 AM PDT

Would you trust auto-pilot mode enough to play patty-cake with the guy riding shot – gun as you pass a semi-tractor trailer on an icy road at 70mph!?! This guy did…   According to Tesla,  “The autopilot does not turn a Tesla into an autonomous vehicle and does not allow the driver to abdicate responsibility.” […]

The post Stunning Videos Capture What Motorists Do Inside Tesla Self-Driving Cars appeared first on Silver Doctors.

GLOBALIST CFR MEMBER BRAZENLY CALLS FOR ELITES TO ‘RISE UP’ AGAINST IGNORANT MASSES

Posted: 07 Jul 2016 09:00 AM PDT

If you ever wanted to look into the mind of the kind of cretins that inhabit groups such as the Council on Foreign Relations (CFR) and Bilderberg, you just got your wish:    2 oz Silver Queen's Beasts  Just $2.89 Over Spot, ANY QTY At SD Bullion! Submitted by The Dollar Vigilante: James Traub, who […]

The post GLOBALIST CFR MEMBER BRAZENLY CALLS FOR ELITES TO 'RISE UP' AGAINST IGNORANT MASSES appeared first on Silver Doctors.

Gold & Silver Monthly Charts: Where is the Breakout Headed?

Posted: 07 Jul 2016 08:00 AM PDT

The gold and silver markets are sending a clear message…    2 oz Silver Queen's Beasts  Just $2.89 Over Spot, ANY QTY At SD Bullion! Submitted by ETP: The focus this week will be on the charts as much of the Western world remains embroiled in events that become harder and harder to cover up explain. […]

The post Gold & Silver Monthly Charts: Where is the Breakout Headed? appeared first on Silver Doctors.

Metals Easing Back

Posted: 07 Jul 2016 07:45 AM PDT

Just as we suggested they might in yesterday's podcast, gold and silver are both down this morning. However, after the tremendous run over the past two weeks, they were overdue for a slight pullback. All that really matters is where they go from here and nothing has changed to alter the fundamental and technical picture.

read more

June FOMC Minutes Non-Event for Gold

Posted: 07 Jul 2016 05:19 AM PDT

SunshineProfits

The Deepening Fraud of Comex Silver – Does Another Short Covering Panic Loom?

Posted: 07 Jul 2016 05:01 AM PDT

In 2011, the Comex price of silver shot higher due, in large part, to physical demand.  This run culminated in a $10 move during the month of April that was almost entirely driven by near-panic short covering by The Comex Banks.  The CFTC-generated data at the time left zero doubt regarding this conclusion.  Only The Sunday […]

The post The Deepening Fraud of Comex Silver – Does Another Short Covering Panic Loom? appeared first on Silver Doctors.

Political and Financial Contagion from the Italian Banking Crisis: Italy’s Exit?

Posted: 07 Jul 2016 03:50 AM PDT

Eurocrat rigidity about half-baked, never-tested bail in rules could turn an Italian banking crisis into a full bore financial and political meltdown.

Silver Headed to $30? Silver Has Begun HISTORIC Run-Up – Jim Willie

Posted: 07 Jul 2016 03:31 AM PDT

Gold has broken the gates down with the British Exit vote, pushing its price over the tough stubborn $1300 resistance line. In the following days it has been adding to its gains. But Silver has emerged amidst the political smoke and deceptive din to ride hard through the gate. Silver is on a RAMPAGE, and […]

The post Silver Headed to $30? Silver Has Begun HISTORIC Run-Up – Jim Willie appeared first on Silver Doctors.

The Deepening Fraud of Comex Silver - Craig Hemke

Posted: 06 Jul 2016 11:00 PM PDT

Sprott Money

Breaking News And Best Of The Web

Posted: 06 Jul 2016 06:44 PM PDT

Stocks recover in Europe and Asia on lessened banking fears. Gold corrects a bit on stronger US employment growth. Lots of speculation about the end of the EU. UK in turmoil post-Brexit as Labour votes to oust leader, Boris Johnson drops out of PM race, and Nigel Farage leaves UKIP. Interest rates stabilize while central […]

The post Breaking News And Best Of The Web appeared first on DollarCollapse.com.

Video: Gold Investment Demand & Gold Price in Foreign Currencies

Posted: 06 Jul 2016 04:56 PM PDT

GLD is a real-time indicator of investment demand for Gold. Investment demand drives Gold both up and down. Also, Gold/FC is now within 10% of its all time high.

 

‘Currency Crash’ Drives British Pound To A 31 Year Low As Deutsche Bank Sinks To The Lowest Level Ever

Posted: 06 Jul 2016 02:48 PM PDT

British Pound Brexit - Public DomainThe fallout from the Brexit vote continues to rock the European financial system.  On Wednesday, the British pound dropped to a fresh 31 year low as confidence in the currency continues to plummet.  At one point it had fallen as low as $1.2796 before rebounding a bit.  As I write this, it is still sitting at just $1.293.  Meanwhile, the problems for the biggest banks in Europe just continue to mount.  At one point on Wednesday Credit Suisse hit an all-time record low, and German banking giant Deutsche Bank closed the day at an all-time record closing low of 12.93.  Overall, Europe’s Stoxx 600 Bank Index closed at the lowest level in almost five years.  What we are watching is a full-blown financial meltdown in Europe, but because it is not personally affecting them yet, most Americans are not paying any attention to it.

The collapse of the British pound that we have seen since the Brexit vote has been nothing short of breathtaking.  In fact, CNN says that this “is what a currency crash looks like”…

This is what a currency crash looks like. The pound has slumped to $1.28, its lowest level in more than three decades.

Investors are dumping the pound following Britain’s vote to leave the European Union on June 23. The pound has dropped roughly 15% since the referendum day, when it reached $1.50.

After appearing to stabilize, the pound resumed its decline this week after three big asset management firms halted withdrawals from real estate investment funds.

Of course this is likely only just the beginning.  There are some analysts that are suggesting that the British pound could eventually hit parity with the U.S. dollar at some point.  We are seeing seismic shifts on the foreign exchange market right now, and this is going to affect trillions of dollars worth of currency-related derivatives.  It will be exceedingly interesting to see how all of this plays out.

Meanwhile, Deutsche Bank continues to get absolutely hammered.

If the biggest and most important bank in Germany is not completely imploding, then why does the stock price continue to crash time after time?

Since the start of 2016, the value of Deutsche Bank has fallen by half, and many have pointed out that the trajectory that it is on is very, very similar to Lehman Brothers in 2008.

My regular readers are probably sick and tired of hearing me warn about Deutsche Bank, so today I will let someone else do it.  According to an article that was just published by the BBC, Deutsche Bank is now “the most dangerous bank in the world”…

Deutsche Bank shares hit a new record low today. It’s value has halved since the beginning of the year.

So is it now the most dangerous bank in the world?

According to the International Monetary Fund – yes.

Last week, the IMF said that, of the banks big enough to bring the financial system crashing down, Deutsche Bank was the riskiest. Not only that, Deutsche Bank’s US unit was one of only two of 33 big banks to fail tests of financial strength set by the US central bank earlier this year.

At this point Deutsche Bank is scrambling to raise cash to stave off an imminent implosion.  Just today, I came across a report about how they plan to sell at least a billion dollars worth of shipping loans in order to bring in some much needed funds.  Many of the steps that they are taking are reminiscent of what Lehman Brothers tried to do just prior to their collapse, and that alone should tell you something.

At the same time all of this is going on, things in Italy just continue to get even worse.  As of this moment, approximately 17 percent of all bank loans held by Italian banks are considered to be “non-performing”.  In other words, they are absolutely swamped by bad debts.  At the height of the 2008 crisis, only about 5 percent of the loans held by U.S. banks were bad.  So what we are watching unfold in Italy right now could definitely be described as “cataclysmic”.

Since the Brexit vote, Italian banks have been hit harder than anyone else.  The following comes from CNN

Shares in Italy’s Banca Monte Dei Paschi Di Siena have crashed 45% in 10 days, forcing regulators to temporarily ban short-selling in the stock. The bank has been given until Friday to come up with a plan to reduce its bad loans by 40% by 2018.

It’s not alone. Other Italian bank stocks have fallen by about 30% since June 23, when the U.K. voted to leave the European Union. Italian officials are trying to find ways to shore up the country’s financial system.

Italian banks have been choking on bad debt for years, but the U.K. vote has thrown their problems into sharp relief.

Personally, I have been amazed that the European financial system has been able to hold it together for this long.  A total collapse was inevitable, but I really thought that it would have started before now.  Up until this time we have seen small crisis after small crisis, but in 2016 the full-blown meltdown has finally arrived.

And this growing crisis in Europe is going to have a dramatic impact on the entire planet.  Everywhere you look the economic fundamentals are getting worse, and if you won’t believe me, perhaps you will believe this editorial by Tim Quast on CNBC

The bottom line is that the fundamentals of the economy and market don’t look good: Whoever you’re listening to — the Federal Reserve, to the Organization for Economic Cooperation and Development, to the International Monetary Fund — hoary heads of the dismal science see deepening malaise worsened by the Brexit, creaky European banks, possible copycat flight from the euro zone — even a slowdown for the U.S.

Can a market characterized by declining money flows, weakening fundamentals and arbitrage that has posted no material gain in over 18 months gather steam? Anything is possible. But it’s not a sound conclusion.

Whenever I post an article about Europe, it tends to get significantly less response than many of my other articles do.

But I hope that my fellow Americans will start paying attention to this growing crisis, because it is going to deeply affect all of us.

What is happening to the European financial system right now is truly history in the making, and I believe that it is going to be one of the biggest news stories of the second half of 2016.

Someone Just Made A Massive Bet On Gold: “The Bullion Breakout Is Far From Over”

Posted: 06 Jul 2016 01:13 PM PDT

ShtfPlan

While You Were Watching Fireworks, Silver Surged Above $21

Posted: 04 Jul 2016 10:55 AM PDT

silver 21While most Americans were busy watching fireworks explode across the night sky, the real fireworks were taking place with the silver price. During Asian and London hours it surged over 7%, taking out psychological resistance at $20 and briefly surging above $21 for the first time since 2013! Short squeeze anyone? Silver confirmed its uptrend this […]

This High-Flying Silver Stock is Up Over 1,200% in 2016

Posted: 01 Jul 2016 07:56 AM PDT

river mountainsSilver just hit a new multi-year high this morning around $19.50! The silver price is up roughly 40% so far in 2016, making it one of the best performing asset classes of the year. While most investors would be happy with a 40% annual return, several junior silver stocks are up 300% or more year to date. One […]

No comments:

Post a Comment