Wednesday, March 8, 2017

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saveyourassetsfirst3


Billionaire Hugo Salinas Price Warns: “The Apocalypse Is Upon Us”

Posted: 08 Mar 2017 12:00 PM PST

Mexican billionaire and silver advocate Hugo Salinas Price contends, "Apocalypse is Upon Us”.  “All Hell Is Going To Break Loose…”   From Greg Hunter:  On Sale At SD Bullion

The post Billionaire Hugo Salinas Price Warns: “The Apocalypse Is Upon Us” appeared first on Silver Doctors.

What Caused Gold & Silver Prices To Go Down So Hard?

Posted: 08 Mar 2017 11:00 AM PST

Precious metals expert Michael Ballanger reflects on the cause of this week’s decline in precious metals markets, and contemplates the factors that will help him determine a bottom. Submitted by Streetwise: Given the big down move this week in the precious metals, it would certainly follow that the activities of the Commercials would be no […]

The post What Caused Gold & Silver Prices To Go Down So Hard? appeared first on Silver Doctors.

The REAL Reason Behind Trumps Tweet On Obama’s Wiretap

Posted: 08 Mar 2017 10:00 AM PST

Luke Rudkowski Reveals the REAL Reason Behind Trump’s Accusation Barrack Obama Wiretapped Trump Tower:  On Sale At SD Bullion

The post The REAL Reason Behind Trumps Tweet On Obama’s Wiretap appeared first on Silver Doctors.

Elites Call For Return to Gold Standard…IS A SETUP FOR THE MAIN EVENT

Posted: 08 Mar 2017 09:01 AM PST

EVERYTHING You Are Seeing in the Economic World, Right Now, IS A SETUP FOR THE MAIN EVENT:   Submitted by Marshall Swing: The calls for a gold standard are DEAFENING! Despite hundreds of calls, over decades, for a gold standard, by those who espouse Austrian economics and fiscal conservatism, no call for a gold standard can […]

The post Elites Call For Return to Gold Standard…IS A SETUP FOR THE MAIN EVENT appeared first on Silver Doctors.

Copper Confirms the Negative Outlook for Precious Metals and Oil -Clive Maund

Posted: 08 Mar 2017 09:00 AM PST

Copper is riding for a fall, and provides further evidence that the metals and oil complex is set to drop, giving confirmation of the bearish looking setups that we have already observed in gold, silver and oil…   Submitted by Streetwise: Looking at the charts, technical analyst Clive Maund sees copper “riding for a fall.” We […]

The post Copper Confirms the Negative Outlook for Precious Metals and Oil -Clive Maund appeared first on Silver Doctors.

Central Banks & Gold: A SEA CHANGE Is Coming

Posted: 08 Mar 2017 08:00 AM PST

The Very Near Future is Likely to See a Sea-Change in Central Bankers' Attitude to the Gold Allocation in Their Reserves: From Alasdair Macleod: The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually lead to a new policy direction. For now, that is undecided, beyond a growing acceptance […]

The post Central Banks & Gold: A SEA CHANGE Is Coming appeared first on Silver Doctors.

Jim Willie Reveals Power Struggle of Trump’s Knights Templar vs the Pedophilia Satanic NWO

Posted: 08 Mar 2017 05:00 AM PST

END GAME: Trump Is Exposing The Global Cabal. An EPIC Battle Has Begun: Buy 90% Junk Silver Bags at the Best Price Online! Just $0.99/oz Over Spot!

The post Jim Willie Reveals Power Struggle of Trump’s Knights Templar vs the Pedophilia Satanic NWO appeared first on Silver Doctors.

Exclusive: INSIDER EXPOSES THE FED!

Posted: 08 Mar 2017 04:02 AM PST

An Insider at the Dallas Fed Has Just BLOWN THE WHISTLE On The Federal Reserve:   Former advisor at the Dallas Fed, Danielle DiMartino Booth is “Fed Up” with the Fed. She reveals how by keeping interest rates too low for too long, The Fed has transformed the U.S. economy into a drug addict dependent […]

The post Exclusive: INSIDER EXPOSES THE FED! appeared first on Silver Doctors.

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Hochschild Mining swings back to profit as gold and silver prices rise

Posted: 08 Mar 2017 02:35 AM PST

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Gold price and demand taking a correction ahead of predicted rate hike

Posted: 08 Mar 2017 02:17 AM PST

A Fed rate rise is looking increasingly likely ahead of next week's Fed meeting. Janet Yellen (pictured), chair of the Federal Reserve, said last week that the central bank was poised to lift...

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Breaking News And Best Of The Web

Posted: 08 Mar 2017 01:37 AM PST

US stocks set to open lower. Gold and silver down again. Bitcoin down but still higher than gold. Fed expected to raise rates at next meeting. Obamacare replacement on the table. Wikileaks drops another bombshell.   Best Of The Web What the hell is going on? – Burning Platform A new look at NYSE margin […]

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

Will Gold Continue to Drop? Rate Hikes, COMEX Shorts, Divergent Tops, Oh My!!

Posted: 08 Mar 2017 12:09 AM PST

The gold price has dropped $40 or more than 3% over the past week from $1,255 to a low of $1,215. Silver has shed nearly $1 or 5.4% from $18.40 to $17.40. Sentiment has turned bearish and many analysts are now calling for precious metals to decline to new 2017 lows in the days and weeks […]

London Whistleblower: LBMA Having SEVERE Trouble Locating Gold to Fulfill Contracts!

Posted: 08 Mar 2017 12:00 AM PST

ANDRE MAGUIRE STATES THAT THE LBMA IS HAVING SEVERE TROUBLE LOCATING GOLD TO FULFILL CONTRACTS… GOLD DOWN $1.00 AND SILVER UP 2 CENTS BIT DOWN FROM FRIDAY'S ACCESS PRICING/THIS IS A BIG STORY: THE CME AND REUTERS ABANDON THE SILVER FIX..SOMETHING IS UP!! /AVERY GOODMAN..A MUST READ!!CHINA ANNOUNCES THAT ITS GROWTH RATE NEXT YEAR WILL […]

The post London Whistleblower: LBMA Having SEVERE Trouble Locating Gold to Fulfill Contracts! appeared first on Silver Doctors.

No Surprise in Recent Moves in Gold and Silver Markets

Posted: 08 Mar 2017 12:00 AM PST

Precious metals expert Michael Ballanger reflects on the cause of this week's decline in precious metals markets, and contemplates the factors that will help him determine a bottom.

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The Precious Metals Sector ‘Tips Its Hand’ – Clive Maund

Posted: 07 Mar 2017 11:00 PM PST

Clive Maund believes gold and silver are headed for a major trip South of the Border… Submitted by Streetwise: It is common for commodities to drop in unison, says technical analyst Clive Maund, and in tandem with his prediction that oil will drop, he also sees gold and silver going lower. It is common for […]

The post The Precious Metals Sector ‘Tips Its Hand’ – Clive Maund appeared first on Silver Doctors.

This Region Of The World Is Being Hit By The Worst Economic Collapse It Has Ever Experienced

Posted: 07 Mar 2017 03:50 PM PST

South America On The Globe - Public DomainThe ninth largest economy in the entire world is currently experiencing “its longest and deepest recession in recorded history”, and in a country right next door people are being encouraged to label their trash so that the thousands upon thousands of desperately hungry people that are digging through trash bins on the streets can find discarded food more easily.  Of course the two nations that I am talking about are Brazil and Venezuela.  The Brazilian economy was once the seventh largest on the globe, but after shrinking for eight consecutive quarters it has now fallen to ninth place.  And in Venezuela the economic collapse has gotten so bad that more than 70 percent of the population lost weight last year due to a severe lack of food.  Most of us living in the northern hemisphere don’t think that anything like this could happen to us any time soon, but the truth is that trouble signs are already starting to erupt all around us.  It is just a matter of time before the things currently happening in Brazil and Venezuela start happening here, but unfortunately most people are not heeding the warnings.

Just a few years ago, the Brazilian economy was absolutely roaring and it was being hailed as a model for the rest of the world to follow.  But now Brazil’s GDP has been imploding for two years in a row, and this downturn is being described as “the worst recession in recorded history” for that South American nation…

Latin America's largest economy Brazil has contracted by 3.6 percent in 2016, shrinking for the second year in a row; statistics agency IBGE said on Tuesday. It confirmed the country is facing its longest and deepest recession in recorded history.

Data shows gross domestic product (GDP) fell for the eighth straight quarter in the three months to December, down 0.9 percent from the previous quarter. The figure was worse than the 0.5 percent decline economists had forecast and left the country's overall GDP down 3.6 percent for the full year following a 3.8 percent drop in 2015.

"In real terms, GDP is now nine percent below its pre-recession peak," Neil Shearing, chief emerging markets economist at Capital Economics, told the Financial Times.

"This is comfortably the worst recession in recorded history," he added.

It had been hoped that things in Brazil would be getting better by now, but instead they just keep getting worse.

The number of bankruptcy filings has soared to an all-time record high, and the official unemployment rate has more than doubled since the end of 2013.  The following comes from Wolf Richter

In a stunning deterioration, the unemployment rate in Brazil spiked to 12.6% in the rolling three-month period through January, a record in the new data series going back to 2012, according to Brazil's statistical agency IBGE. Up from 11.8% in the three-month period through October. Up from an already terribly high 9.5% a year ago. And more than double the 6.2% in December 2013.

Meanwhile, hordes of hungry people are rummaging through garbage cans in Venezuela in order to find something to fill their aching stomachs.

Things have gotten so bad that one of President Maduro’s chief opponents has urged citizens to label which trash bags have food in them so that people that are searching through the garbage can find food scraps more easily

Controversial Priest and opponent to President Nicol├ís Maduro's administration Father Jose Palmar posted on social media this week about labeling discarded waste so those looking through it for food can do so more easily and "with dignity."

Palmar called on Venezuelans to celebrate Lent by identifying bags where food has been discarded for those with no where else to turn. That way, they don't have to dig through non-edible items to find it.

And previously I have written about how people are so hungry in Venezuela that some of them are actually slaughtering and eating cats, dogs, pigeons and zoo animals.

I keep telling people that this is coming to America, but a lot of people out there don’t want to believe me.

But it is most certainly coming.

Thanks to chronically empty store shelves and severe food shortages, people in Venezuela are losing weight at an astounding pace.  In the United States it would be a good thing if much of the population lost this much weight, but in Venezuela it definitely is not

Three quarters of the country's population lost an average of over 18 pounds over food shortages in 2016, according to a survey by Venezuelan universities and nonprofit groups. Last year, over 80 percent of foodstuffs disappeared from shelves and many had to get by with one meal a day, Foreign Policy reported.

Venezuela was once South America's most powerful petrostate. But decades of government mismanagement sent the country into decline. Maduro's predecessor Hugo Chavez choked the economy with heavy-handed regulations, price controls, and a campaign to nationalize major industries that chased out foreign investments.

Further north, very alarming signs are starting to pop up in Mexico.

It probably won’t happen next week or next month, but there are indications of emerging “liquidity problems” which could precipitate a major debt crisis at some point…

In Mexico foreign investors hold around $100 billion of the country's local-currency government debt, the most for any emerging market economy. That's almost 20 times what it was 20 years ago. They also hold billions of euros worth of corporate bonds, which are also showing signs of strain, prompting some Mexican business leaders to call for "new programs" to be implemented before the situation causes "a large-scale crisis" among Mexican companies.

The most ominous sign yet came last week when Bloomberg reported sources saying that the Bank of Mexico (or Banxico, as it is referred to) had sought a swap line from the Federal Reserve in case of "liquidity problems," which immediately triggered furious denials from Banxico. "I can say clearly and unequivocally that we are not in the process of asking for any credit line from any authority," said the central bank's governor, Agustin Carstens, who has postponed by six months his departure from the bank, initially scheduled for May.

One of the biggest problems for nations such as Brazil, Venezuela and Mexico is the strength of the U.S. dollar.  During the good times they went into tremendous amounts of debt, and much of that debt was denominated in U.S. dollars.  So when the U.S. dollar becomes stronger, it takes more of their own local currencies to pay that debt back.

And if the Federal Reserve raises interest rates at their next meeting, that will strengthen the U.S. dollar even more and put even more pressure on emerging market economies.

Unfortunately, it appears that this is precisely what the Fed is going to do

Even one small interest rate increase by the Fedcould have a sweeping impact on U.S. and world economies, Komal Sri-Kumar told CNBC on Monday.

“I think they are going to hike” on March 15, Sri-Kumar said on “Squawk Box,” echoing a theory shared by many analysts. “But that is going to prompt capital outflows from the euro zone, especially with the political risk. It is going to increase the capital outflow from China, and the U.S. economy will feel the impact.”

The global economy is more interconnected than ever before, and pain that starts in one region can rapidly spread to others.

The biggest debt bubble that the world has ever seen is starting to burst, and over the coming years we are going to see financial pain on a scale that would be unimaginable to most of us at this moment.

But even now there are those that would suggest that this colossal debt bubble can continue growing much faster than global GDP indefinitely, and this sort of exceedingly reckless optimism is leading many astray.

Video: The Next Big Catalyst for Gold

Posted: 07 Mar 2017 03:35 PM PST

We discuss what could finally get precious metals going. 

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