Gold World News Flash |
- Economic Collapse Already Started! Cezary Graf's US Dollar & Cryptocurrency Supremacy View
- JIM ROGERS Economic Collapse Already Started! The Economic Collapse 2018 Stock Market CRASH!
- Soros and the Left will attempt to violently take over America if they don’t win the midterms
- Breaking News/Best Of The Web
- John D. Mueller: To bring back U.S. manufacturing, get the world to dump the dollar
- Weekly Gold and Silver Flows In Funds and ETFs
- Is Khashoggi the latest victim of Saudi crackdown?
- Q Anon | "What are the odds of that?"
- South Africa's 3 largest gold miners lost $543 million altogether last year ...
- This is why the NWO is targeting America!
- New member of Mexican central bank's board wants transparency
- Who is Jamal Khashoggi?
- One More Bounce for the Gold Price
| Economic Collapse Already Started! Cezary Graf's US Dollar & Cryptocurrency Supremacy View Posted: 07 Oct 2018 11:00 PM PDT How will the next economic collapse look step by step? Where will it start? When will it start? What impact will it have, and how will the world look after the global economic crisis and the Next Great Recession? Regarding how it will play out, Cezary Graf notes that Trump and Federal Reserve... [[ 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! ]]  |
| JIM ROGERS Economic Collapse Already Started! The Economic Collapse 2018 Stock Market CRASH! Posted: 07 Oct 2018 10:00 PM PDT Two major trends can be expected: 1 - A massive human migration crisis. Emerging market countries' citizens will be displaced because of economic reasons. And yet again, the US under the Trump administration will manage it relatively well. 2 - A massive chunk of the capital pulled out of emerging... [[ 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! ]]  |
| Soros and the Left will attempt to violently take over America if they don’t win the midterms Posted: 07 Oct 2018 08:00 PM PDT Truth prevails. Soros needs to bite a bullet already Soros is an Enemy of the World. Time to pull the Trigger & put him behind bars. It has been hinted there are ways to freeze his Assets. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists ,... [[ 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! ]]  |
| Posted: 07 Oct 2018 07:20 PM PDT Rising wages and trade tensions are a 'potentially lethal combination' … Europe’s junk bond bubble has finally burst … Notice how quickly market psychology changed? … Gold and silver bounce along multi-month bottom, as technician says “Prepare for a precious metals rally.” Best Of The Web Did something just break? – Lance Roberts, Real […] The post Breaking News/Best Of The Web appeared first on DollarCollapse.com. |
| John D. Mueller: To bring back U.S. manufacturing, get the world to dump the dollar Posted: 07 Oct 2018 04:18 PM PDT By John D. Mueller https://www.wsj.com/articles/to-bring-back-u-s-manufacturing-get-the-wor... Donald Trump promised to "make America great again," but he might make America Great Britain. To re-industrialize the U.S. economy, President Trump must avoid the mistake that de-industrialized Britain: Namely, he must end the dollar's role as the world's chief reserve currency. A century ago when Britain began to lose its place as the world's leading power, it was suffering economic maladies today's Americans will find familiar: declining exports, large government deficits, and a huge amount of foreign debt. The British pound's role as the world's chief reserve currency was a major driver of this economic decline. ... Dispatch continues below ... ADVERTISEMENT Buy metals at GoldMoney and enjoy international storage GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit: http://www.goldmoney.com/?gmrefcode=gata John Maynard Keynes promoted the British pound's use as the world's reserve currency, writing in 1913 that replacing gold with foreign-exchange reserves was a step toward "the ideal currency of the future." But it didn't take long for the markets to prove that currency reserves are not a foolproof form of savings. The monetary system Keynes recommended was established throughout Europe after a 1922 conference in Genoa, but it collapsed in 1931 at the onset of the Depression. French economist Jacques Rueff described the fatal weakness of foreign-exchange reserves in a 1932 lecture. He explained that when a monetary authority accepts dollar or sterling claims for its official reserves rather than gold, purchasing power "has simply been duplicated," so that, for example, "the American market is in a position to buy in Europe, and in the United States, at the same time." In other words, when a foreign nation accepts repayment in U.S. dollars it increases its money supply without diminishing the U.S. money supply, allowing both countries' central banks to lend in dollars. This credit "duplication" is not only inflationary in the reserve-currency country and any country whose currency is tied to the reserve currency; it also necessarily causes the average price of goods to rise faster in the reserve-currency country than among its trading partners. This is why Britain's and America's manufacturing industries lost their competitiveness as exporters, resulting in deindustrialization. This so-called Triffin Dilemma, though first described by Rueff, was named around 1960 for the Belgian-American economist Robert Triffin, who described the post-World War II unraveling of the Bretton Woods gold-exchange system. Under the gold standard, the worldwide increase in monetary gold equaled the world's net exports. The problem of the Triffin Dilemma is that every additional dollar of foreign-exchange "reserves" must be matched by an equal deficit in the reserve-currency country's net exports—that is, by net imports. The glut of reserve currencies made the 20th century a period of intense inflation. The average price of British goods increased 72-fold from 1900 to 2000, while U.S. prices rose 18-fold over the same period. These increases far outpaced inflation in other major export countries that did not provide international reserve currencies. The prices of German, Japanese and Chinese goods all have fallen compared with U.S. exports. Tariffs and other forms of protectionism can't restore America's export competitiveness. They invite retaliation, inhibit trade, and raise prices even higher. The uncompetitive U.S. price level is effectively a tariff on American goods. Thinking that another tariff will help American workers makes no more sense than believing one can heal the injuries of a pedestrian hit by a car by backing up over the victim. The Triffin Dilemma can't be solved without a monetary reform that ends the dollar's use as the world's chief reserve currency. Here's a deal that could place Mr. Trump in Alexander Hamilton's league: Persuade America's sovereign creditors that the U.S. will convert every penny of foreign dollar reserves into long-term government-to-government debt, to be paid off in gold over, say, 30, 40, or 50 years. Hamilton's plan paid off the debt from the American Revolution by the mid-1830s. The gradual repayment of all outstanding official foreign dollar reserves would reverse America's industrial decline by restoring the price competitiveness of U.S. manufacturing. The most essential step would be establishing a schedule for paying off the outstanding dollar reserves, which would require long-term planning and consensus between the White House and Congress. But if a payment schedule were finally set, it would remove the deflationary threat of foreign dollar reserve liquidation overhanging the U.S. market. Then the beginning of the actual payments would set in motion the relative price changes necessary to reverse the reserve-currency curse. Like Mr. Trump, Hamilton's contemporaries originally thought his glaring character flaws far outweighed his virtues. But after the formerly penniless immigrant managed to make a fortune for his adopted country, even those who had been his worst political enemies found it in their interest to carry out his plan for decades. Today, young people whistle the songs not from "Jefferson" but "Hamilton." There will be no whistling of tunes from "Trump" if he makes America Great Britain. ----- Mr. Mueller directs the economics and ethics program at the Ethics and Public Policy Center. Join GATA here: New Orleans Investment Conference * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| Weekly Gold and Silver Flows In Funds and ETFs Posted: 07 Oct 2018 02:14 PM PDT |
| Is Khashoggi the latest victim of Saudi crackdown? Posted: 07 Oct 2018 02:00 PM PDT Jamal Khashoggi entered the Saudi consulate in Istanbul five days ago and reportedly never walked out. Turkish authorities say they believe he was killed inside the building and that it was pre-meditated. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts ,... [[ 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! ]]  |
| Q Anon | "What are the odds of that?" Posted: 07 Oct 2018 01:00 PM PDT We are living in great times. We The people get to witness the rebirth of America. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more [[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://lindseywilliams101.blogspot.com http://www.figanews.com for full links, other content, and more! ]]  |
| South Africa's 3 largest gold miners lost $543 million altogether last year ... Posted: 07 Oct 2018 12:08 PM PDT ... but none of them questioned gold price suppression by governments and central banks. * * * South African Gold-Mining Companies Pay High Price to Keep Digging By Alexandra Wexler and Thandi Ntobela JOHANNESBURG, South Africa -- South African gold miners have literally dug themselves into a hole, with the world's deepest mines threatening the safety of workers and the companies' ability to make money. Powered for decades by the cheap labor of apartheid, the country's deepest gold mines plunge almost 12,000 feet below the earth's surface -- and have provided nearly half the gold bullion and jewelry ever produced. ... Dispatch continues below ... ADVERTISEMENT USAGold: Coins and bullion since 1973 USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business. Please call 1-800-869-5115x100 and ask for the trading desk, or visit: USAGold: Great prices, quick delivery -- all the time. But as miners have dug ever deeper to retrieve what remains of the world's largest gold deposits, they have faced an economic and moral conundrum: Gold at these depths is costlier and more dangerous to mine. South Africa's three largest gold miners by market capitalization reported collective losses of about $543 million last year, as global gold prices remain some 40 percent below their 2011 highs. Costs of mining an ounce of gold in South Africa are high compared with the global average. And the human toll is mounting too. Deaths in South African mines rose for the first time in a decade last year, climbing 21 percent to 88 from 73 a year earlier. So far in 2018, 65 workers have died, including 24 deaths at Sibanye Gold Ltd., South Africa's largest gold producer. ... ... For the remainder of the report: https://www.wsj.com/articles/south-africa-gold-mining-companies-pay-high... Join GATA here: New Orleans Investment Conference * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| This is why the NWO is targeting America! Posted: 07 Oct 2018 12:07 PM PDT I hope these words from Jordan Maxwell wake some of you up! All warfare is based on deception... The war has never ended... 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! ]]  |
| New member of Mexican central bank's board wants transparency Posted: 07 Oct 2018 11:41 AM PDT Negroni-Sipping, Cigar-Smoking Economist Set to Shake Up Banxico By Eric Martin Jonathan Heath is ready to liven up the stuffy world of Mexico's central bank. The economist tipped by President-elect Andres Manuel Lopez Obrador as his first board nominee doesn't wear neckties and has no plans to start now. ... Dispatch continues below ... ADVERTISEMENT Buy, Sell, or Store Precious Metals with Money Metals Money Metals Exchange, a national bullion dealer recently voted "Best in the USA" by a worldwide ratings group -- https://www.moneymetals.com/news/2015/02/03/worldwide-ratings-organizati... -- is a great low-cost source for precious metals coins, rounds, and bars. Money Metals also pays handsomely when you wish to sell your precious metals. Shop online with Money Metals Exchange here -- https://www.moneymetals.com/buy -- or by calling 1-800-800-1865. Meanwhile, the Money Metals Depository -- https://www.moneymetals.com/depository Things he does intend to do: keep his personal Twitter account (where his photo shows him with a Negroni -- his favorite cocktail -- while puffing a cigar); continue writing his Reforma newspaper column; and avoid events he can't reach via Mexico City's ubiquitous Ecobici bike share. Heath, who says he takes a balanced, data-driven view of monetary policy, also wants the bank to be more accessible to the public and its decision-making more understandable. ... "We have to improve communication, transparency and to explain to people why rates are going up," Heath said over breakfast near his home in Mexico City. "The reports that the central bank publishes are for people who are 'initiated,' for people who already know. But there's nothing there for normal people." ... ... For the remainder of the report: https://www.bloomberg.com/news/articles/2018-10-07/negroni-sipping-cigar... Join GATA here: New Orleans Investment Conference * * * Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| Posted: 07 Oct 2018 07:35 AM PDT Jamal Khashoggi is a prominent Saudi journalist and author who has gone missing after entering the Saudi Arabian consulate in Istanbul. Here are five things you need to know about him. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists ,... [[ 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! ]]  |
| One More Bounce for the Gold Price Posted: 06 Oct 2018 11:18 PM PDT Article posted at The Market Oracle http://www.marketoracle.co.uk/Article63285.html |
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