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Saturday, September 22, 2018

Gold World News Flash

Gold World News Flash


What 175 Women Come out for Kavanaugh?

Posted: 21 Sep 2018 11:30 PM PDT

When people of power don't follow laws that are just it sets a bar for others and when you lie because you don't like what people say and smear People for no reason Shit Rolls Down Hill. whatever happened to circumstantial evidence is inconclusive The Financial Armageddon Economic Collapse...

[[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://lindseywilliams101.blogspot.com http://www.figanews.com for full links, other content, and more! ]]

Liars of Hollywood

Posted: 21 Sep 2018 09:30 PM PDT

Nothing too see here Goyim, move along. After all, it is all just a ... cohencidence... 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://financearmageddon.blogspot.com http://lindseywilliams101.blogspot.com http://www.figanews.com for full links, other content, and more! ]]

Kavanaugh Sex Scandal Exposed!

Posted: 21 Sep 2018 08:30 PM PDT

Republican Party, Democratic Party.....the 2 sides of the Shekel.....when will the goyim awake from the american "dream"? I am so tired of the circus that is our government in D.C. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries ,...

[[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://lindseywilliams101.blogspot.com http://www.figanews.com for full links, other content, and more! ]]

The Mother of All Bubbles! Global Economy Needs Massive BAILOUT To Prevent Deflation!

Posted: 21 Sep 2018 07:30 PM PDT

The amount of treasuries the US PRETENDS to sell has gone from 110 Billion a WEEK To 145 to 189 to 213.. In just the last month...Something VERY bad is about to happen.... The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free...

[[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://lindseywilliams101.blogspot.com http://www.figanews.com for full links, other content, and more! ]]

Breaking News/Best Of The Web

Posted: 21 Sep 2018 07:20 PM PDT

China said to call off trade talks as tariff war escalates … Fed’s Powell “is between a rock and a hard place: Ignore the yield curve or the tight job market?” … Gold and silver rising off long-term bottom. Is this “the best buying opportunity in 20 years?”     Best Of The Web Things have […]

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

Assange Warns About AI, Is Beyonce A Witch, And Apples Trust Score Exposed

Posted: 21 Sep 2018 03:30 PM PDT

 In this video, Jason Bermas of WeAreChange gives you the latest breaking news on Julian Assange as he warns about Artificial Intelligence, a new report claiming that Beyonce is a witch, and Apple implementing a trust score for its users. The Financial Armageddon Economic Collapse...

[[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://lindseywilliams101.blogspot.com http://www.figanews.com for full links, other content, and more! ]]

X ANON ... FORD'S LAWYER LINKED TO SOROS

Posted: 21 Sep 2018 02:30 PM PDT

Sore-ass is sifting coins in a mansion in Greece somewhere out of sight ! THAT ROACH needs a huge can of ' RAID ' bug spray ! The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers ,...

[[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://lindseywilliams101.blogspot.com http://www.figanews.com for full links, other content, and more! ]]

Mike Maloney on The Coming Collapse And Preparing With Gold, Silver And Crypto

Posted: 21 Sep 2018 01:30 PM PDT

 Jeff Berwick interviews Mike Maloney of GoldSilver.com, well known author of 'The Guide to Investing in Gold and Silver' and 'The Hidden Secrets of Money' video series. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free...

[[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://lindseywilliams101.blogspot.com http://www.figanews.com for full links, other content, and more! ]]

Marin Katusa’s Top Gold Miner Takeover Candidates

Posted: 21 Sep 2018 11:58 AM PDT

Commodities analyst Marin Katusa makes a compelling case that regardless of what gold does in the near term, some miners are likely to be bought out at nice premiums to current prices. Here are two of them: The Right Price: Are Pretium Resources and Detour Gold for Sale? The gold market is in a funk. […]

The post Marin Katusa’s Top Gold Miner Takeover Candidates appeared first on DollarCollapse.com.

Jim’s Mailbox

Posted: 21 Sep 2018 10:13 AM PDT

Courtesy of JB. Jim   Dear Wolfgang, The bubble coming in gold will not break. A new system will be held aloft by Gold. The hair raising change in place is systemic and outrageously durable. Our recent past leadership is so perverse you might rationally consider that they were the army of lucifer. When the... Read more »

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

GATA asks CFTC if market rigging by U.S. govt. is legal

Posted: 21 Sep 2018 09:50 AM PDT

12:56p ET Friday, September 21, 2018

Dear Friend of GATA and Gold:

The U.S. Commodity Futures Trading Commission this week announced it has imposed penalties on two futures traders for attempting to manipulate the gold market and other markets with "spoofing" trades:

https://www.cftc.gov/PressRoom/PressReleases/7797-18

https://www.cftc.gov/PressRoom/PressReleases/7796-18

In response, GATA is asking the commission whether its jurisdiction covers futures market manipulation by the U.S. government or brokers acting for the U.S. government, or whether such manipulation is authorized by law, like the Gold Reserve Act of 1934 as amended in the 1970s, which established the U.S. Treasury Department's Exchange Stabilization Fund:

https://www.treasury.gov/resource-center/international/ESF/Pages/esf-ind...

... Dispatch continues below ...



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The letter containing GATA's inquiry to the CFTC is posted in PDF format here:

http://www.gata.org/files/GATALetterCFTC-09-21-2018.pdf

U.S. citizens can assist this endeavor by asking their members of Congress to urge the CFTC to reply promptly to GATA's inquiry.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

AttachmentSize
GATALetterCFTC-09-21-2018.pdf342.84 KB

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

GATA appeals to the new Shareholders Gold Council

Posted: 21 Sep 2018 09:33 AM PDT

12:37p ET Friday, September 21, 2018

Dear Friend of GATA and Gold:

Now that the Shareholders Gold Council has formally gotten started, according to the Bloomberg News report dispatched to you a little while ago --

http://www.gata.org/node/18509

-- GATA today is appealing to the council's founder, investment fund manager John Paulson, to allow GATA to make a presentation to the council about the longstanding policy of Western governments and central banks to intervene in the gold market surreptitiously to suppress the monetary metal's price.

... Dispatch continues below ...



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The council represents a lot of influence in the monetary metals mining business and the financial markets and might do much to help expose and end the market manipulation.

Of course the World Gold Council ignores this issue and seems to exist mainly so that there might never be a world gold council. Maybe the Shareholders Gold Council can be more relevant both to investors in the monetary metals and to the cause of free markets and transparent and limited government.

GATA's appeal to the Shareholders Gold Council is posted in PDF format here:

http://www.gata.org/files/PaulsonLetter.pdf

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

AttachmentSize
PaulsonLetter.pdf679.64 KB

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

Ted Butler: A constructive suggestion

Posted: 21 Sep 2018 09:16 AM PDT

12:20p ET Friday, September 21, 2018

Dear Friend of GATA and Gold:

Responding today to your secretary/treasurer's request a few days ago that he consider the possibility that the U.S. government is the real party in interest behind the rigging of the monetary metals markets and that the investment bank JPMorganChase is just the government's broker --

http://www.gata.org/node/18501

-- silver market analyst and rigging exposer Ted Butler acknowledges the possibility but explains why he still thinks the bank is the main culprit.

Butler's commentary is headlined "A Constructive Suggestion" and it's posted at GoldSeek's companion site, SilverSeek, here:

http://silverseek.com/commentary/constructive-suggestion-17420

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

John Paulson is joined by 15 investors in council to oversee gold miners

Posted: 21 Sep 2018 07:50 AM PDT

By Danielle Bochove
Bloomberg News
September 21, 2018

https://www.bloomberg.com/news/articles/2018-09-21/paulson-joined-by-15-...

After almost a year of behind-the-scenes work, billionaire hedge-fund manager John Paulson has formed a coalition with 15 other founding members aimed at curbing years of what his hedge fund has called value destruction in the gold sector.

John Hathaway -- who is a general partner at Tocqueville Asset Management LP -- and activist fund Livermore Partners are among those who have agreed to join the group, according to an emailed statement from the newly formed Shareholders' Gold Council. The idea for the group was first floated by Paulson & Co. during the Denver Gold Forum last September.

... Dispatch continues below ...



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"Since last year, the gold price has crept lower and shareholder returns have been poor," Marcelo Kim, a partner at Paulson, said in a separate email. "Interest in the sector has continued to languish, and you have seen capital leave the space and notable fund closures."

Gold was trading around $1,300 an ounce, about $90 higher than current spot prices, when Paulson announced plans to unite big institutional gold investors around common issues.

Since then, there has been no noticeable improvement in behavior, said Kim, who delivered a blistering presentation to investors at the 2017 Denver Gold Forum. He had cited almost a decade of mismanagement by gold miners and called for institutional investors to exert more influence on issues like executive pay, board appointments and merger activity. The sector had incurred $85 billion of write-offs since 2010, he said at the time, while continuing to reward executives.

The Shareholders' Gold Council will be headed by Christian Godin, a former senior vice president at Montrusco Bolton Investments. Launching it took longer than expected because of compliance issues and housekeeping challenges dealing with 16 institutions and back-office teams, Godin said by email.

The group intends to ensure the management and boards of mining companies are aligned with shareholder interests, he said. The group will meet periodically to address a number of issues and will be funded by members.

Sprott Inc. is not named on the list, which includes four anonymous members. Rick Rule, chief executive officer of the Sprott U.S. Holdings Inc. unit, had previously said he would recommend Sprott join the group.

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...

* * *

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Why the Next Market Crash Will Not Take Gold Down

Posted: 21 Sep 2018 03:50 AM PDT

Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63174.html

The Middle Class Retirement Nightmare

Posted: 20 Sep 2018 06:04 AM PDT

This post The Middle Class Retirement Nightmare appeared first on Daily Reckoning.

Today we bear dire news…

Millions of Americans may have to delay retirement for years — if not permanently.

Like a squirrel facing a long winter with a lean stash of acorns… 80% of American workers have under one year's salary salted away for retirement.

This we learn from a new report issuing from the National Institute on Retirement Security.

We are further informed that over 100 million working-age Americans own no retirement accounts whatsoever — including 401(k)s, individual accounts or pensions.

77% of Americans fall woefully behind "even the most conservative retirement savings targets for their age."

Summarizing the dismal business is Diane Oakley, the report's author and Cassandra:

The facts and data are clear. Retirement is in peril for most working-class Americans. When all working individuals are considered — not just the minority with retirement accounts — the typical working American has zero, zilch, nothing saved for retirement.

Thus for millions a "middle-class nightmare" is fast displacing the American dream:

The American dream of a modest retirement after a lifetime of work now is a middle-class nightmare. Even among workers who have accumulated savings in retirement accounts, the typical worker had a low account balance of $40,000. This is far off track from the savings levels Americans need if they hope to sustain their standard of living in retirement.

How has American retirement come to such a sad pass?

We grope for clues, hoping to stub our toe upon some accidental truth…

We stumble at once upon a lead…

It takes us to the mid-1970s, after Richard Nixon scissored the dollar's final tether to gold.

The gold standard, neutered though it was in its dying days, nonetheless kept the balance of trade in a range.

A nation running a persistent trade deficit risked depleting its gold stocks.

The ersatz dollar removed all checks.

America no longer had to produce in exchange for goods… or worry about losing its gold.

"By the sweat of your brow you will eat," Genesis tells us.

But under the new dollar standard, America could eat by the sweat of others' brows… without spilling a drop of its own.

Scraps of paper, rolling off an overworked printing press, were its primary production.

Ream upon ream went abroad in exchange for real goods.

The international division of labor was opened to hundreds of millions, particularly peasants from the labor-rich fields of China.

They entered the factories in their millions, each toiling for a dollar or two a day.

The competition depressed average American wages… which have never recovered.

Overall U.S. productivity has increased 77% since 1973, the Bureau of Labor Statistics informs us.

But average real hourly pay (adjusted for inflation) has only increased 12.4% over 45 years — 45 years!

Thus we find the average American worker a hamster upon a wheel… running mostly in place:

Chart

Here our co-founder Bill Bonner reduces to concrete the abstract plight of the American worker:

In 1971, you could buy a new Ford F-150 for $2,500. At $4 an hour, it took 625 hours to buy the truck.

Today's model costs $30,000, and the average hourly wage is $26. So the wage earner has to work for 1,154 hours to get a standard F-150. Put another way, he has to sell almost twice as much of his time to get a set of wheels.

But it is not only the F-150 owner who has lost the value of his dearest commodity — time:

You can do the same calculation for housing. An average man paid about $24,000 for the average house in 1971. Today, he pays $371,000. Priced in time, the house cost 6,000 hours in 1971 and 14,269 hours today.

Meantime, the past decade has only deepened existing trends…

The trickle-down theory argues you must first feed the horses in order to feed the sparrows.

It certainly has its points — poor men do not open businesses or provide employment.

But because of the massive distortions in today's economy… the sparrows have largely gone without.

The Federal Reserve's phony fireworks have pushed the stock market to record heights. The rising market has left the asset-owning classes in easy waters.

As our own Charles Hugh Smith reports, those earning $1 million or more have captured 63% of all capital gains.

But the Main Street economy has pegged along at a lilting 2.1% annual pace.

Does that not explain how Donald Trump came to occupy his current address?

He pledged to bring jobs home… to make the Rust Belt glitter… and America Great Again.

We fear the president will fall short of the glory.

But if the great middle class keeps slipping down the greasy pole…

That retirement dreams of millions will slip away forever…

How do you feel about your retirement prospects? Do you think you'll be able to retire comfortably? Let us know: dr@dailyreckoning.com. Then read on…

Regards,

Brian Maher
Managing editor, The Daily Reckoning

The post The Middle Class Retirement Nightmare appeared first on Daily Reckoning.

Explorer Confirms Presence of High-Grade Gold at Peru Site

Posted: 20 Sep 2018 01:00 AM PDT

Surface gold mineralization expands to 800-by-500-meter area.

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A Most Unusual and Interesting Gold Market

Posted: 19 Sep 2018 01:00 AM PDT

Ron Struthers of Struthers Resource Stock Report reviews the current status of the gold market and discusses four gold miners on his buy list.

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