Thursday, September 8, 2016

Gold World News Flash

Gold World News Flash

Why You Should Be Paying Attention To America's Quiet War On Cash

Posted: 08 Sep 2016 01:00 AM PDT

Submitted by Shaun Bradley via,

Government campaigns of intimidation - like the wars on drugs, terror, and poverty - have been used to extort the public for decades. Despite the previous failures of institutional “wars,” a new war on cash is being waged that threatens freedom in a more subversive way than ever before.

Banks and governments around the world are cracking down on the use of paper money, and in turn, eliminating any anonymity left in the current system. Through strict rules on cash transactions and civil asset forfeiture laws, for example, the system has already instituted penalties for using cash. But as payments evolve into a purely digital network, the consequences of this new paradigm are being brought into the spotlight.

The ability to track, record, and mediate transactions of all individuals is a power dictators throughout history could have only dreamed of. Those who value privacy are turning to alternatives like cash, cryptocurrencies, and precious metals, but these directly threaten central bank dominance. This ongoing tug-of-war in financial innovation will determine whether we enter an age of individual empowerment or centralized enslavement.

As mundane as it may seem, the main reason for this push to go cashless is directly tied to what world central banks are doing to prop up their economies. The manipulation of interests rates to zero or even negative has left central banks no ammunition to fight off the next recession. Without the ability to cut interest rates even further, stimulating economic growth is nearly impossible.

The decisions made in response to the 2008 crisis have led to a perverted environment in which customers could be charged just for holding money in their accounts. As long as individuals have the ability to move their funds into paper currency and escape the losses, banks are still limited to how far they can push the envelope. Regardless, the federal government continues to pressure banks into issuing “Suspicious Activity Reports” for withdrawals of even as little as $5,000. That amount will undoubtedly decrease if and when more people resort to stuffing cash under their mattresses.

Kenneth Rogoff, the former chief economist of the International Monetary Fund, noted in a recent paper how a cashless world would expand banks’ options:

“In principle, cutting interest rates below zero ought to stimulate consumption and investment in the same way as normal monetary policy, by encouraging borrowing. Unfortunately, the existence of cash gums up the works. If you are a saver, you will simply withdraw your funds, turning them into cash, rather than watch them shrink too rapidly. Enormous sums might be withdrawn to avoid these losses, which could make it difficult for banks to make loans.”

Conditioning the public to believe privacy and mere possession of cash are criminal acts is key to the establishment’s push into this new digital model. The media’s focus on cash and Bitcoin being used to fund cartelsterrorism, and gang activity is just a smokescreen for the real agenda of complete control — especially considering the big banks have already been caught laundering money for cartels and terrorist groups. The disruptive role cryptocurrencies and precious metals will play in this grand scheme is yet to be seen, but for now, they’re the best competition to the fiat dollar hegemony.

Bitcoin has been the trailblazer of blockchain technologies. With its mobility and limitless applications, it has created an entire frontier for entrepreneurial innovation. Bitcoin’s peer-to-peer network promotes free association, free trade, and increased privacy without needing a government or bank stamp of approval. With the help of free-thinking developers, the cashless revolution could take shape as an open-sourced network that empowers people in incredible ways. The cashless central bank knockoff being put in place is nothing more than a trojan horse that, over time, will reveal itself as obsolete, like all other centralized models. The transformative effect on communication that will come with the development of the internet offers some idea of what the blockchain will do for the financial sector. Peer-to-peer banking has done a better job of encouraging small business growth and entrepreneurship than any government policy ever has.

The rapid rise of Bitcoin’s price created a frenzy of interest, but the volatility and hacking scandals that followed have stalled the momentum. If cryptocurrencies are going to have a real chance as a viable alternative to government paper, they have a lot to prove before they can win over the masses. The blockchain ecosystem needs time to stabilize, and the public needs a chance to educate themselves on its potential. Until then, a balance between this new technology and more stable, time-tested assets can create a foundation for those seeking financial independence.

Gold and silver bullion shouldn’t be overlooked when it comes to personal finance; with a hard asset that preserves wealth, losses from inflation and negative interest rates can be a thing of the past. Not only have they outlasted every government fiat currency in history, but they also provide a way to hold value off the books and transact anonymously. With precious metals, there is no counterparty risk, and their worth isn’t dependent on any government, bank or company. Having tangible assets directly in your possession assures the purchasing power of your savings is secure.

Euro Pacific Capital CEO, Peter Schiff, warned about not diversifying out of fiat currency:

“People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.”

The government’s crusade to restrict financial freedom is just beginning; as always, fear and propaganda will be used to condition the masses into submission. The personal responsibility needed to protect yourself from the inevitable changes in the system can be overwhelming, but without taking the proper steps, the current ruling class will make the decisions for you.

A cashless society is sold as a way to protect your identity, prevent crime, and create a safer world, but there is always a tradeoff. The only cashless model that can succeed is a decentralized one that can sustain itself without bailouts or manipulation. Banks and governments aren’t motivated by some noble vision for society; like all humans, self-interest is paramount. If their power monopoly is threatened by cash, free speech, drugs, or anything else, that threat will be demonized and attacked with no mercy. Although this technology based future has many unknowns, hopefully, the path we choose will create opportunities for entrepreneurs to make real progress against this financial oligarchy.

On the Sidelines in Cash – PM Correction Over – and Fed Manipulations

Posted: 07 Sep 2016 11:01 PM PDT

By Clint Siegner, Originally Published at Money Metals Exchange A year ago at this time, it was hard for investors to find available inventory for the most popular silver products – as well as some...

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Negative Interest Rates Are ILLEGAL

Posted: 07 Sep 2016 11:01 PM PDT






We used to live in societies which observed the Rule of Law. Among the many great ironies and perversities of our social/legal devolution is this. Many of our fundamental principles of law (and justice) were such an integral part of our lives that they were taken for granted, and thus rarely discussed in explicit terms. Now, in the Corrupt West, many of these same principles of law/justice have been forgotten – seemingly erased by our lawless governments.

One of these elementary principles of law is the commercial doctrine of "consideration". The premise and legal principle is a simple one. In order for any commercial transaction to be recognized as being legitimate (and thus legal), both parties to any transaction/contract have to derive some material benefit. In law; this material benefit is known by the name "consideration". There must be consideration, on both sides of any/every commercial transaction.

At this point; many readers will already grasp that so-called "negative interest rates" violate the legal doctrine of consideration, and thus fail the test as a basis for any legal/legitimate commercial transactions. However, this merely scratches the surface when it comes to the degree to which our criminalized interest rates violate the Rule of Law. To fully appreciate the lawlessness of what our puppet governments are inflicting upon us (for the benefit of our Banker Overlords), we need to delve further back into this litany of criminality.

The starting point in our descent into fraud and illegality with respect to our interest rate regimen is the so-called "0% interest rate". There is no such thing as a "0% interest rate" or 0% loan. By definition; an interest rate is a positive number. It is the price we pay in exchange for the use of capital.

As has been explained previously; what our corrupt governments call a "0% interest rate", our Justice System (the real one) calls a "sham transaction". We know this, in our two-tier societies, because if Ordinary People attempt to engage in the sham transaction of a "0% loan", their transactions will be immediately subjected to legal scrutiny (generally by the Tax Man) and deemed to be null-and-void, as sham transactions.

Some readers will claim that this is not true. They will assert that "0% loans" and 0% financing are now common, legitimate aspects of our world of commerce, with automobile sales being a commonly cited example. Why can car-dealers offer "0% financing", and not have these transactions nullified as sham transactions?

It is because these transactions do observe the legal doctrine of consideration. It is simply that these transactions have been disguised to create the illusion that the purchaser is getting "something for nothing" (i.e. free financing). Nothing could be further from the truth. The supposed "free financing" is merely an incentive to purchase, provided in lieu of other sales incentives.

If the same purchaser sought to purchase the same vehicle, but without the perk of "0% financing", then instead of that incentive they would be given a choice of other freebies, to entice them to commit to such a major purchase. Alternately (and even more cynically) auto dealers simply – and secretly – raise their sticker-price on the car, so that there is no "free financing".

The purchaser pays precisely the same amount for the vehicle by the time that the payments have been completed. All that has changed are the optics of the payments. Instead of paying "interest" over the months/years of car-payments, the purchaser is simply making larger payments of "principle": the purchase price of the car. There is "no free lunch" in legitimate commercial transactions, nor in societies which observe the Rule of Law.

A so-called "0% interest rate" is a prima facie fraud. It is free money. The Federal Reserve, corrupt operator of the world's "reserve currency" has been financing the U.S. monetary system, and the U.S. economy itself, through fraudulent currency. Of course the "0% interest rate" is just one of many Fed frauds. This is why this fraud-factory never allows any legitimate audit of its books.

Free money is fraudulent money, and thus illegal money. It is nothing more than a variation of counterfeiting, especially when combined with the institutionalized (but legal) fraud of "fractional-reserve banking". The combination of so-called 0% lending and fractional-reserve banking renders a monetary system fraudulent and illegal, all by itself. It renders the currency of that monetary system worthless.

So-called "negative interest rates" are much, much worse. Borrowers stealing from lenders. Banks stealing from their depositors. Just as there is no such thing as a 0% interest rate, there could never be a legitimate concept known as a "negative interest rate". This term is simply another banker-euphemism for more banker fraud/crime.

The enormous economic carnage which is caused by our regimen of such criminalized interest rates was the subject of the prequel to this piece. It was/is important to demonstrate this harm, from a legal standpoint. Why has the insanity/fraud/criminality of negative interest rates been inflicted upon us? Because (supposedly) we "need" this fraud for the sake of our economies, and thus our own best interests.

In legal parlance; such attempts at justification are called "public policy" arguments. Yes, the conduct in question is technically illegal, but because the conduct "serves the Greater Good", we bend the rules and allow the conduct.

With the open criminality of negative interest rates, there is no Greater Good, merely greater and greater evils which flow from this monetary fraud, as (primarily) the Big Banks steal from anyone/everyone hapless enough to have some of their capital within the clutches of these financial pirates. A "negative interest rate" fails the test of legality, in several respects. There is no public policy argument of any kind which could mitigate in favor of this fraud, to even the tiniest degree.

It is particularly important to explicitly acknowledge the open criminality of negative interest rates, because as informed readers are well aware, the banking Crime Syndicate is just getting started. While "negative" rates become more and more common, and more-deeply negative (i.e. illegal), the banking Crime Syndicate is pushing an even more-heinous criminal agenda on our puppet governments.

Informed readers know this latest campaign of financial crime by the name "the War on Cash". The "war" is being fought (by the bankers) in order to create a paradigm of ultimate financial fraud/evil: the Cash-Less Society. What is a cash-less society? It is a financial/economic system where all residents are compelled by law to keep all of their (fully) liquid wealth inside a bank – generally a Big Bank.

And once our wealth is inside the Big Bank? We no longer receive a microscopic (positive) rate of interest on our deposits. We no longer provide the bank with the use of our capital for free (which is already illegal, by lack of consideration). We're now forced to keep our wealth inside the Big Bank, and then the Big Bank systematically steals that wealth, in ever-growing increments, via the crime of a negative interest rate. And what they don't steal via negative rates of interest, they will steal via "the bail-in" – an even more-lawless confiscation of financial assets.

Crimes piled atop crimes. Lies piled atop lies, to supposedly justify all this systemic criminality.

However, readers of these commentaries already have their own Answer to the ever-thickening web of criminality and financial fascism being wrapped around us like a choke-chain: precious metals. We will escape the criminality of "negative interest rates" and escape the criminality of "cash-less societies" by funneling our wealth into gold and silver. Honest Money. Stores of value; protection from this organized crime.

Yes. The same banking Crime Syndicate which has already imposed the systemic criminality of negative interest rates, and is about to impose the systemic criminality of cash-less societies, will allow prudent people to escape their financial clutches, completely, while everyone else has their wealth forcibly taken from them in this lawless/rapacious manner. Here are two words for any/all people comforted by such a Dangerous Delusion: "bullion confiscation".

We must stop the criminality of negative interest rates today, not after the dwindling remnants of our wealth have been pillaged by the banking Crime Syndicate, with the enthusiastic assistance of our puppet governments. Governments which refuse to outlaw the naked criminality of the so-called "negative interest rate" should not merely be (meekly) voted out of office. They must be impeached.

The central banks which are callously and deliberately facilitating this systemic financial/monetary crime demand more than mere punishment. They must be abolished.

These corrupt, spineless governments and the Institutions of Financial Crime which rule above them (and us) are doing more than merely betraying us, as they serve their real Masters. They are malevolently conspiring to destroy us financially, completely and utterly.

The "War on Cash" and all of these other systemic financial crimes are a war against all decent people, waged by the psychopathic oligarchs who lurk in the shadows. We did not declare this war. We do not want this war. But if we don't start to fight this war, it will soon be over – and we all will have lost.

All that is necessary for the triumph of Evil is for good men [and women] to do nothing.

-Edmund Burke, Irish philosopher, 1729 - 1797

Please email with any questions about this article or precious metals HERE





America The Illiterate

Posted: 07 Sep 2016 11:00 PM PDT

Authored by Chris Hedges in Nov 2008, via,

We live in two Americas. One America, now the minority, functions in a print-based, literate world. It can cope with complexity and has the intellectual tools to separate illusion from truth. The other America, which constitutes the majority, exists in a non-reality-based belief system. This America, dependent on skillfully manipulated images for information, has severed itself from the literate, print-based culture. It cannot differentiate between lies and truth. It is informed by simplistic, childish narratives and clichés. It is thrown into confusion by ambiguity, nuance and self-reflection. This divide, more than race, class or gender, more than rural or urban, believer or nonbeliever, red state or blue state, has split the country into radically distinct, unbridgeable and antagonistic entities. 

There are over 42 million American adults, 20 percent of whom hold high school diplomas, who cannot read, as well as the 50 million who read at a fourth- or fifth-grade level. Nearly a third of the nation’s population is illiterate or barely literate. And their numbers are growing by an estimated 2 million a year. But even those who are supposedly literate retreat in huge numbers into this image-based existence. A third of high school graduates, along with 42 percent of college graduates, never read a book after they finish school. Eighty percent of the families in the United States last year did not buy a book.

The illiterate rarely vote, and when they do vote they do so without the ability to make decisions based on textual information. American political campaigns, which have learned to speak in the comforting epistemology of images, eschew real ideas and policy for cheap and reassuring personal narratives. Political propaganda now masquerades as ideology. Political campaigns have become an experience. They do not require cognitive or self-critical skills. They are designed to ignite pseudo-religious feelings of euphoria, empowerment and collective salvation. Campaigns that succeed are carefully constructed psychological instruments that manipulate fickle public moods, emotions and impulses, many of which are subliminal. They create a public ecstasy that annuls individuality and fosters a state of mindlessness. They thrust us into an eternal present. They cater to a nation that now lives in a state of permanent amnesia. It is style and story, not content or history or reality, which inform our politics and our lives. We prefer happy illusions. And it works because so much of the American electorate, including those who should know better, blindly cast ballots for slogans, smiles, the cheerful family tableaux, narratives and the perceived sincerity and the attractiveness of candidates. We confuse how we feel with knowledge. 

The illiterate and semi-literate, once the campaigns are over, remain powerless.  They still cannot protect their children from dysfunctional public schools. They still cannot understand predatory loan deals, the intricacies of mortgage papers, credit card agreements and equity lines of credit that drive them into foreclosures and bankruptcies. They still struggle with the most basic chores of daily life from reading instructions on medicine bottles to filling out bank forms, car loan documents and unemployment benefit and insurance papers. They watch helplessly and without comprehension as hundreds of thousands of jobs are shed. They are hostages to brands. Brands come with images and slogans. Images and slogans are all they understand. Many eat at fast food restaurants not only because it is cheap but because they can order from pictures rather than menus. And those who serve them, also semi-literate or illiterate, punch in orders on cash registers whose keys are marked with symbols and pictures. This is our brave new world.

Political leaders in our post-literate society no longer need to be competent, sincere or honest. They only need to appear to have these qualities. Most of all they need a story, a narrative. The reality of the narrative is irrelevant. It can be completely at odds with the facts. The consistency and emotional appeal of the story are paramount. The most essential skill in political theater and the consumer culture is artifice. Those who are best at artifice succeed. Those who have not mastered the art of artifice fail. In an age of images and entertainment, in an age of instant emotional gratification, we do not seek or want honesty. We ask to be indulged and entertained by clichés, stereotypes and mythic narratives that tell us we can be whomever we want to be, that we live in the greatest country on Earth, that we are endowed with superior moral and physical qualities and that our glorious future is preordained, either because of our attributes as Americans or because we are blessed by God or both. 

The ability to magnify these simple and childish lies, to repeat them and have surrogates repeat them in endless loops of news cycles, gives these lies the aura of an uncontested truth. We are repeatedly fed words or phrases like yes we can, maverick, change, pro-life, hope  or war on terror. It feels good not to think. All we have to do is visualize what we want, believe in ourselves and summon those hidden inner resources, whether divine or national, that make the world conform to our desires. Reality is never an impediment to our advancement.

The Princeton Review analyzed the transcripts of the Gore-Bush debates, the Clinton-Bush-Perot debates of 1992, the Kennedy-Nixon debates of 1960 and the Lincoln-Douglas debates of 1858. It reviewed these transcripts using a standard vocabulary test that indicates the minimum educational standard needed for a reader to grasp the text. During the 2000 debates, George W. Bush spoke at a sixth-grade level (6.7) and Al Gore at a seventh-grade level (7.6). In the 1992 debates, Bill Clinton spoke at a seventh-grade level (7.6), while George H.W. Bush spoke at a sixth-grade level (6.8), as did H. Ross Perot (6.3). In the debates between John F. Kennedy and Richard Nixon, the candidates spoke in language used by 10th-graders. In the debates of Abraham Lincoln and Stephen A. Douglas the scores were respectively 11.2 and 12.0. In short, today’s political rhetoric is designed to be comprehensible to a 10-year-old child or an adult with a sixth-grade reading level. It is fitted to this level of comprehension because most Americans speak, think and are entertained at this level. This is why serious film and theater and other serious artistic expression, as well as newspapers and books, are being pushed to the margins of American society. Voltaire was the most famous man of the 18th century. Today the most famous “person” is Mickey Mouse.

In our post-literate world, because ideas are inaccessible, there is a need for constant stimulus. News, political debate, theater, art and books are judged not on the power of their ideas but on their ability to entertain. Cultural products that force us to examine ourselves and our society are condemned as elitist and impenetrable. Hannah Arendt warned that the marketization of culture leads to its degradation, that this marketization creates a new celebrity class of intellectuals who, although well read and informed themselves, see their role in society as persuading the masses that “Hamlet” can be as entertaining as “The Lion King” and perhaps as educational. “Culture,” she wrote, “is being destroyed in order to yield entertainment.”

“There are many great authors of the past who have survived centuries of oblivion and neglect,” Arendt wrote, “but it is still an open question whether they will be able to survive an entertaining version of what they have to say.”

The change from a print-based to an image-based society has transformed our nation. Huge segments of our population, especially those who live in the embrace of the Christian right and the consumer culture, are completely unmoored from reality. They lack the capacity to search for truth and cope rationally with our mounting social and economic ills. They seek clarity, entertainment and order. They are willing to use force to impose this clarity on others, especially those who do not speak as they speak and think as they think. All the traditional tools of democracies, including dispassionate scientific and historical truth, facts, news and rational debate, are useless instruments in a world that lacks the capacity to use them.

As we descend into a devastating economic crisis, one that Barack Obama cannot halt, there will be tens of millions of Americans who will be ruthlessly thrust aside. As their houses are foreclosed, as their jobs are lost, as they are forced to declare bankruptcy and watch their communities collapse, they will retreat even further into irrational fantasy. They will be led toward glittering and self-destructive illusions by our modern Pied Pipers—our corporate advertisers, our charlatan preachers, our television news celebrities, our self-help gurus, our entertainment industry and our political demagogues—who will offer increasingly absurd forms of escapism.

The core values of our open society, the ability to think for oneself, to draw independent conclusions, to express dissent when judgment and common sense indicate something is wrong, to be self-critical, to challenge authority, to understand historical facts, to separate truth from lies, to advocate for change and to acknowledge that there are other views, different ways of being, that are morally and socially acceptable, are dying. Obama used hundreds of millions of dollars in campaign funds to appeal to and manipulate this illiteracy and irrationalism to his advantage, but these forces will prove to be his most deadly nemesis once they collide with the awful reality that awaits us.

“Staggering” Signs of Ill Mental Health Among 9/11 First Responders

Posted: 07 Sep 2016 09:30 PM PDT

by Anna Scanlon, Natural Society:

A recent report on 9/11 responders has found that many of these individuals are suffering from numerous mental health issues, including dementia (or are showing signs that they will develop it as they age). Doctors and researchers are astounded by this discovery, especially because the average age of those who participated in the study was only 53. These disorders are most often diagnosed in those over the age of 70, which prompted researchers to call the results of their study "staggering." [1]

According to the report, which was a joint effort between several American and British institutions, 12% of first responders have classic symptoms of post-traumatic stress disorder, or PTSD, or some other form of cognitive impairment. The results were published in Alzheimer's & Dementia: Diagnosis, Assessment & Disease Monitoring. [2] 

Of 818 people who participated in the study, 104 of them showed signs of a cognitive impairment and 10 were thought to have dementia. When researchers applied the statistics of their study to the 33,000 first responders, they believe around 5,000 could suffer from cognitive impairments and 800 might currently suffer from dementia. This number could also grow over time.

The study states:

"Thousands of responders who helped in search, rescue, and clean-up efforts after the World Trade Center were exposed to an extraordinary array of psychological traumas and toxic exposures. Although few were physically injured by their efforts, many responders witnessed the disaster or death and dismemberment of others, helped civilians flee, lost colleagues in the tower collapse, and dug through debris to search for survivors."

The study also suggests that 1/5 of those involved in response efforts developed PTSD, which is similar to what many war veterans face.

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Hyperinflation Versus Deflationary Collapse

Posted: 07 Sep 2016 09:06 PM PDT

If the thunder don’t get you, then the lightning will… The Grateful Dead, The Wheel(lyrics) In the world of phenomena, everything has a beginning and an end; and today, the bankers’ endgame is moving closer to its inevitable resolution and demise. The question is no longer if, it is when and how. The relationship between paper money and gold is causal in central banking’s collapse. When paper money was backed by gold, it (1) gave the bankers’ paper money its value and (2) constrained the ability of governments to print limitless amounts of money, as governments needed money backed by gold to balance trade deficits, i.e. value for value.

Three Large Gold Miners That Are Still Inexpensive

Posted: 07 Sep 2016 08:53 PM PDT

Money manager Adrian Day profiles three large miners in his portfolio that have had success solving problems yet are still inexpensive. Goldcorp Inc. (G:TSX; GG:NYSE 16.02) has had a tough year. After reporting a year-end loss of $4.1 billion due to writing off and down various projects—a supposed clearing of the decks for the new CEO David Garofalo—the recent results were not so positive. Production was down year-on-year, due to shortfalls and problems at its two largest mines, Peñasquito and Cerro Negro.

The Sidelines Could Be More Dangerous for Investors Than Getting on the Field

Posted: 07 Sep 2016 08:50 PM PDT

A year ago at this time, it was hard for investors to find available inventory for the most popular silver products – as well as some gold coins. Premiums for the silver American Eagle reached nearly $6.00 per coin. Mints and refiners couldn’t keep up with demand, and long lead times became par for the course across the silver product line. Today, retail buying of physical silver has slowed considerably. There is lots of inventory in dealer vaults and the number of bullion investors looking to sell is on the rise.

FULL: Donald Trump Speech at the New York Conservative Party (9/7/2016)

Posted: 07 Sep 2016 07:39 PM PDT

Full Speech: Donald Trump Addresses NY Conservative Party Presidential Convention (9/7/2016) Republican presidential nominee Donald Trump addressed the Conservative Party of New York State's presidential convention in New York City. The Financial Armageddon Economic Collapse Blog...

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Gold Price Closed at $1344.30 Down $5.10 or -0.38%

Posted: 07 Sep 2016 05:06 PM PDT

7-Sep-16PriceChange% Change
Gold, $/oz1,344.30-5.10-0.38%
Silver, $/oz19.76-0.29-1.45%
Gold/Silver Ratio68.0350.7301.08%
Silver/Gold Ratio0.0147-0.0002-1.07%
S&P 5002,186.16-0.32-0.01%
Dow in GOLD $s284.880.890.31%
Dow in GOLD oz13.780.040.31%
Dow in SILVER oz937.6112.961.40%
US Dollar Index94.960.130.14%
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Jim’s Mailbox

Posted: 07 Sep 2016 04:38 PM PDT

Jim/Bill, Common sense and basic principles are anachronisms. You can’t rely on your educational learnings. Applying them to today’s manipulated markets is suicide. Things really are different this time. Looking back at Weimar Germany, the smart money moved their holdings offshore to more stable currencies like the UK Sterling or US Dollar. Fortunes were made... Read more »

The post Jim’s Mailbox appeared first on Jim Sinclair's Mineset.

British-born mining explorer to list South African gold venture in London

Posted: 07 Sep 2016 04:01 PM PDT

This posting includes an audio/video/photo media file: Download Now

Gold Daily and Silver Weekly Charts - Anything Goes

Posted: 07 Sep 2016 02:18 PM PDT

The DR 25 Twitter Accounts You Should Be Following

Posted: 07 Sep 2016 01:17 PM PDT

This post The DR 25 Twitter Accounts You Should Be Following appeared first on Daily Reckoning.

In the age of information overload you are both blessed and cursed with outlets to choose from news, literature, humor and fun.  

Here at the Daily Reckoning we believe in an information age mantra that "everyone knows everything… and almost no one knows anything."

Twitter is a prime example of this. As a platform it opens up conversations like never before. However, it is easy to lose the forest for the trees.

So we have gone through the needle's in the haystack, so you don't have to.

Listed are 25 of the top people and accounts you should be following to make make sense of finance, markets, technology, mental modeling and global politics.

Daily Reckoning Affiliates

James Rickards, @JamesGRickards. Anyone interested in the future of money or financial policy should be following Jim. He is a U.S government advisor and all around financial superhero. Oh yeah, and he also likes Gold.

Nomi Prins, @NomiPrins. A former managing director on Wall Street that stepped away and is now a renowned journalist, author and historian. Expect history, opinion and world travels.

Michael Covel, @Covel. As a bestselling author that heads a groundbreaking podcast, he really gets to the heart of market trends. Follow for great insight and even better quotes.

Peter Coyne, @PetermCoyne. Publisher of The Daily Reckoning, he works with some of the most brilliant minds around the world. Always in search of the next big idea, tweets exceptional insight into the world of economic literature.

Greg Guenthner, @GregGuenthner. Managing editor of The Rude Awakening, Greg knows markets, tech and the ability to craft a brilliant "one liner" in far less than 140 characters.

People In The Know

Danielle DiMartino Booth, @DiMartinoBooth. She is the real deal. A former Fed insider that breaks down central bank talk into clear language. Is that possible in 140 characters – probably not? But she comes pretty close.

Tyler Cowen, @TylerCowen. Any good following needs an academic mind. Cowen is a professor of economics at George Mason and tweets all things macro with a variety of ethnic eats on the side.

Pedro da Costa, @Pdacosta. A seasoned reporter and current Editorial Fellow at the Peterson Institute for International Economics. The ultimate GIF machine.

Glenn Greenwald, @Ggreenwald. The investigative journalist that was Snowden's chosen reporter. Whether you agree with him or not, he runs a tight ship on Twitter. Often sets the record straight and is an undeniable force not to be ignored.

Ian Bremmer, @IanBremmer. He is the president and founder of Eurasia Group. A caption and comment in a tweet goes far, Brimmer has mastered this art in the most intellectual of ways.

Stacy Herbert, @StacyHerbert. Co-host of Max Keiser’s, The Keiser Report. She drops some serious knowledge and insights on finance, markets and more. In need of some snarky tweets? She has you covered.

Beyond The News

Zero Hedge, @ZeroHedge. An account that pushes the envelope for edge and humor. They provide a brilliant account of the global financial scene.

The Automatic Earth, @AutomaticEarth. All things history, news and visual. The Automatic Earth is where some of the topic economic minds go for finance and energy news.

Google Trends, @GoogleTrends. While it is the news à la carte, the account offers trending stories and visualizations from the Google news lab. An insightful opportunity to see what people are discussing online and in a creative and thought generating way.

Stratfor, @Stratfor. One of the leading intelligence firms, they produce top notch work that is read by key policy makers across the globe. The account is often a source for maps and regional infographics.

AntiWar, @antiwarcom. A U.S based independent feed focused on non-interventionism. 

Just For Fun

The Visual Capitalist, @VisualCap. A Canadian based outlet that knows how to visually display trends in business and investing. Think "brain candy," but for your eyes.

Rudolf E. Havenstein, @RudyHavenstein. Can only be described as funny, yet true. Remarkably candid, the world is not big enough for this account.

StockCats, @StockCats. Witty, market focused and pushing through the news with an upper hand in humor. A good source for sarcasm in venn diagram form.    

Wu Tang Financial, @Wu_Tang_Finance. In terms of parody accounts, this one is in a class of its own. Cash really does rule everything around them. #DiversifyYoBonds

The Federal Reserve, @FederalReserve. Just kidding. But if you are looking for a good laugh, they have you covered. Hey, they are so hip that they follow "Monte" the squirrel. Wonder who signed off on that nutty idea?

Technology And Thought

Singularity Hub, @SingularityHub. A chronicle of science, technology & the future. They cover the cutting edge of technology all in one place.

Peter Diamandis, @PeterDiamandis. His account is literally out of this world. Expect big things in the spheres of space, intellectual thought and longevity.

Louis Basenese, @LouBasenese. Did somebody mention tech? Tweets all things at the center of markets and tech. A voice to be reckoned with.

Shane Parrish, @Farnamstreet. Giving you the upper-hand in thought, literature and life.

In case you are not already following, the Daily Reckoning (@DailyReckoning) is also on Twitter and is a constant source of entertaining literary economic perspective, contrarian ideas and market analysis.


Craig Wilson,

P.S. Find me on Twitter @Craig_Wilson7 together with the marvelous Sarah Walters, @sarahkwalters.

for The Daily Reckoning

Ed. Note: Sign up for a FREE subscription to The Daily Reckoning, and you'll receive regular insights for specific profit opportunities. By taking advantage now, you're ensuring that you'll be set up for updates and issues in the future. It's FREE.

The post The DR 25 Twitter Accounts You Should Be Following appeared first on Daily Reckoning.

Data Dependent Fed Ignores Bad Data

Posted: 07 Sep 2016 12:57 PM PDT

Jason Burack from joins me to discuss the latest news from the world of finance and economics where a very dystopian reality is taking shape, a 'global order' in which there is no rule of law and no honest money.  The Financial Armageddon Economic Collapse Blog...

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Backed by Sprott, 'Flash Boys' protagonists aim a new exchange at gold

Posted: 07 Sep 2016 12:09 PM PDT

By John McCrank
Wednesday, September 7, 2016

NEW YORK -- IEX Group, which rose to prominence with its bid to shake up stock trading in the United States, now aims to do the same in the more than $5 trillion-a-year gold market with a new exchange being created by its spinoff TradeWind Markets, a board member of the new venture said on Tuesday.

The protagonists of Michael Lewis's book, "Flash Boys: A Wall Street Revolt," are planning a gold exchange that would use elements of blockchain technology to improve transparency and the clearing and settling of trades, said Matt Harris, a managing director at Bain Capital Ventures. Bain has an investment in IEX.

Blockchain is a tamper-proof shared ledger that can automatically process and settle transactions using computer algorithms.

TradeWind Markets began as an internal project of IEX and was spun off as a separate firm earlier this year. In June, the startup raised $9 million, according to a regulatory filing with the U.S. Securities and Exchange Commission. A person familiar with the operation who asked not to be identified because the plans are not public, said the funding came from IEX and Sprott Inc., a Canada-based investment firm that manages physical bullion funds.

A lack of transparency is one of the problems that makes the gold market ripe for change, said Harris, who is on TradeWind's board. ...

... For the remainder of the report:


The Gold Mine Barrick Might Regret Having Sold

K92 Mining is poised for production at its Papua New Guinea gold project and has just listed on the Toronto Venture exchange under the symbol KNT.V.

The gold mining startup came together during one of the toughest periods in mining history.

K92's main asset is the Kainantu project, a large high-grade gold resource with extensive infrastructure including underground mine development, a mill processing facility, a fully permitted tailings pond, and paved roads. The infrastructure means K92 can aim to restart mining in the near term with minimal capital costs and seek to grow through cash-flow funded exploration on the roughly 405-square kilometer property, considered prospective for additional discoveries.

For more information, please visit:

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New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
Hilton New Orleans Riverside
New Orleans, Louisiana

Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

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:

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Gold Bulls Set Sights on $1430 Target

Posted: 07 Sep 2016 09:02 AM PDT

Rick Ackerman

Jim Willie Looming European Banking Collapse

Posted: 07 Sep 2016 05:00 AM PDT

Jim Willie CB is a statistical analyst in marketing research and retail forecasting. He holds a Ph.D. in Statistics. His career has stretched over 22 years. He aspires to one day join the financial editor world, unencumbered by the limitations of economic credentials. Visit his free website to find...

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Earth Is Changing : Extreme Events Happening World Wide 2016

Posted: 07 Sep 2016 04:28 AM PDT

 Earth Is Changing : Extreme Events Happening World Wide 2016 The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

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Silver Bullion Surges 3.5% To Over $20 Per Ounce

Posted: 07 Sep 2016 03:27 AM PDT

Silver surged 3.5% yesterday rising 65 cents and closing at $20.04/oz and gold rose by 2% or by $23 to close at $1,348.80/oz after poor economic data in the U.S. underlined deepening concerns about the economic and indeed the monetary outlook.

Gold Price In Excess Of $8000 While US Dollar Collapses

Posted: 07 Sep 2016 03:21 AM PDT

The US Dollar Index is not a measure of the value of the US dollar relative to gold. However, there is a relationship between the US Dollar Index and gold price rallies. The best gold price rallies came during periods where the US dollar index was in a declining trend. During the 70s, for example, the US dollar index was in decline during the major gold rallies (1971 to 1974, and 1976 to 1980).

BrExit UK Economic Collapse Evaporates, GDP Forecasts for 2016 and 2017

Posted: 06 Sep 2016 08:57 PM PDT

Its now two months on from when the establishment elite prophesied a post BrExit economic collapse apocalypse, however subsequently a stream of economic data on the UK economy continues to paint a picture that is a the exact extreme opposite to that which the establishment and their vested interests had propagandised both before and immediately after the EU referendum vote, a message literally warning of economic collapse as the following warnings of doom from David Cameron, George Osborne and Mark Carney illustrate and that which many still blindly cling onto to this very day despite reality starting to dawn of a UK economy that is literally soaring into the stratosphere by recording unprecedented gains across several economic measures into and during the month of August.

Breaking News And Best Of The Web

Posted: 06 Sep 2016 05:37 PM PDT

US jobs, service sector growth disappoint, lowering odds of September rate hike and sending stocks, gold higher. Japan preparing major new stimulus, Europe considering it. The war on cash heats up. Central bankers losing credibility while buying equities. Major shipping company collapses. Trump visits Mexico, confusing everyone. Clinton emails remain major problem. Polls tighten.   […]

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Top Ten Videos — September 7

Posted: 06 Sep 2016 05:01 PM PDT

More from Max Keiser and McAlvaney. A new way to explore for gold. The coming financial crisis, viewed from several angles.                       

The post Top Ten Videos — September 7 appeared first on

Gold Bars Flood Into GLD as Odds of Fed Rate-Rise Fade

Posted: 06 Sep 2016 05:00 PM PDT

Gold bars in London wholesale trade rose near 3-week highs against a weakening Dollar and touched 1-month highs against the Chinese Yuan on Wednesday, as poor US data saw traders cut their bets of a US Fed rate rise at the September...

David Morgan Emphatically Makes Case for Owning Real Money outside the Banking System

Posted: 06 Sep 2016 09:58 AM PDT

Mike Gleason: It is my privilege now to be joined by our good friend David Morgan of The Morgan Report. David, I hope you've been having a good summer and welcome back. It's always a pleasure to talk to you. David Morgan: Thank you very much, and yes, I have been having a wonderful summer. Thank you. Mike Gleason: Well, as we begin here, David, please give us your thoughts on the recent pullback in the metals. We've maybe been overdue for a correction for a while now. I know in following your work, you've been calling for one, and we're getting it here. And after a fantastic first six or seven months of the year for gold and silver, we're finally starting to see some real selling pressure emerge. What is your take… what have you noticed during this mini-correction, and what are some of the reasons for the pullback?

We’re Reaching Point Zero of Debt Creation

Posted: 06 Sep 2016 09:42 AM PDT

Forty-five years and counting. We’ve been on a debt spree since the early 1970s when we went off the gold standard, covering every possible angle. Trade deficits, government deficits, unfunded entitlements, private debt – you name it! Our total debt has grown 2.5-times GDP since 1971. How could economists not see this as a problem? How is this the least bit sustainable?

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