Gold and Silver Market News and Reviews
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By: Gary Christenson, DeviantInvestor.com (April 16th, 2015)
Consider a few HYPOTHETICAL examples of what we accept as normal:
*GDP (gross domestic profit) grew by 2.1% this past year.
*The US National Debt increased by over 9% this past year.
*Sales at XYZ Corporation increased by 27% year-over-year.
*Spending on prescription medications increased by 22% this year.
*Population increased by 2.3% globally.
*Media spending to elect another presidential candidate increased 30% compared to 2012.
*Automobile miles driven globally increased by 10% this year.
By: Jeff Nielson, BullionBullsCanada.com (April 16th, 2015)
A little less than three years ago; a commentary was published which drew considerable attention: How Your Bank Account Could Disappear. The subject matter behind that piece was the institutionalized financial crime being committed at that time based upon the totally incomprehensible crime-euphemism “rehypothecation”.
The supposed justification, and precedent being established with this financial crime was to enable financial institutions to “convert” (i.e. steal) any financial assets in their possession, in order to cover their own (large) financial losses – losses generally arising from the reckless gambling in our “markets” which is now endemic amongst all such institutions.
By: Bill Holter, MilesFranklin.com (April 16th, 2015)
A catchy title this “$5,000 Silver?” don’t you think? Am I crazy? Is this even possible? In who’s lifetime? Ours or our great, great grandchildren long after we are dead and buried? The best way to look at this I believe is to briefly look at silver’s big brother gold and then postulate whether it’s possible or not.
By: Greg Hunter, USAWatchdog.com (April 13th, 2015)
Legendary financial analyst Martin Armstrong says the world is going to be hitting a major “turning point” this fall. Armstrong says this is the end of a 300 year cycle and contends, “This appears to be a peak, as far as governments and bond markets are concerned, and from there, we are going to be turning down. We are in a lot of trouble with most of these governments. Our models say that by 2020, the amount of interest we pay . . . will exceed the entire defense budget. So, this is pretty serious.”
Armstrong says his model marks the actual turning point on October 15, 2015. So, what’s in store? Armstrong says, “First, you get the deflation, and then, you move to the inflation. It’s kind of like a pendulum–it swings to the extreme to both sides.”
By: Clive P. Maund, CliveMaund.com (April 13th, 2015)
There are a lot of fine words being written about how attractive silver is at current prices and how it is about to enter a new bullmarket etc, but the plain truth is that it remains in a major downtrend and is a bearmarket until it breaks out of it.
By: Clive P. Maund, CliveMaund.com (April 13th, 2015)
Although gold has rallied as expected in the last update, the advance has been modest and now it appears to be weakening again, and with its latest COTs showing a marked deterioration and the dollar maintaining its parabolic acceleration, it looks set to drop back along with silver. The long-term uptrend remains down.
By: TheWealthWatchman.com (April 13th, 2015)
Well, brothers, the evidence all continues to point to one thing: silver is white-hot around the world right now!
No, I’m not talking about price action, remember that “price” is the enemy’s matrix. I’m talking about what the world is doing in response to the silver price. Actual silver is being shuttled, ferried, and driven around with increasing ferocity, everywhere, and at record paces.
By: Steve St. Angelo, SRSroccoReport.com (April 10th, 2015)
The Western U.S. Dollar based monetary system is headed for a train wreck. This isn’t a matter of IF, it’s a matter of WHEN. Investors lulled to sleep by the low paper price of gold are losing out on the best buying opportunity of a lifetime. The precious metals will be one of the best insurance policies to own when the U.S. Dollar finally catches on fire and burns down the entire system.
By: Alasdair Macleod, GoldMoney.com (April 10th, 2015)
This week started well for gold and silver, but it turned out that the peak for both was on Easter Monday, since then, prices have drifted lower.
The news event that initially drove prices higher was the US unemployment statistics for March announced last Friday, which came in 120,000 less than expected with downward revisions for the two previous months totalling a further 69,000.
By: SGTReport.com (April 10th, 2015)
“There is no horror that cannot occur in human society, once economic order collapses,” so says Jeff Nielson from Bullion Bulls Canada.com.
As the world prepares for economic life after the Dollar, Jeff and I examine the quantifiable data that proves Americans are living on borrowed time. There is absolutely no way the US Dollar can survive the mounting tsunami of debt accumulated by government spending that has been out of control for decades. As the world prepares for the day of reckoning, most Americans are blissfully unaware of what’s coming.
By: Lawrence Williams, MineWeb.com (April 9th, 2015)
The volatility of the gold price around various US economic data never ceases to amaze. Positive employment figures knock the gold price down $20-30 while less positive ones have the opposite effect. Gold price rises and falls all seem to be about the potential timing of an initial Fed increase rate hike, yet the likely real impact on gold of a 25 basis points rise in interest rates, which is all that is likely to be implemented when the Janet Yellen-led Fed eventually makes the move, should in reality be a non-event. Real interest rates would remain negative, which should be positive for gold, and while an initial rate increase may be seen as the precursor for further rises ahead virtually no-one is predicting anything beyond a slow and gradual increase.
By: Bill Holter, MilesFranklin.com (April 9th, 2015)
We are again entering a collapse phase similar, yet far worse than we had in 2007-2008. I will show you a few graphs as illustration of weakness in the real economy and compare them to the financial bubbles we are living. The point to writing this piece is simple, the Fed has been saying they will raise rates. They truly need to in order to retain ANY credibility at all …just one minor problem, they cannot! Not only can the Fed not raise rates, it is my opinion the economy and in particular the markets will force them to embark in another “QE folly” shortly. I believe this will be the final shot of QE administered and may be seen by historians as “QE 4(n)evermore”.
By: Greg Hunter, USAWatchdog.com (April 8th, 2015)
Every financial expert agrees on two things: The global debt is unsustainable, and the world is headed for a calamity. The only question remains is when will it happen? James Turk, founder of GoldMoney.com, says, “That’s the million dollar question that everybody is trying to figure out. What’s going to be the trigger that brings it all down? You are trying to predict the future, and sadly, nobody can do that. The best we can do is prepare for the future, and that’s what China is doing. That’s why China is creating a parallel payment system. . . . That’s why China has created the AIIB, and that’s why China has been accumulating gold. As we prepare for the future, we should be thinking along the same lines as China is thinking. Buy gold, buy resources and minimize as best as you can the counter-party risk that comes from financial assets. We don’t know what the trigger point is, but we know from history and the mathematics that it cannot be serviced, and we are going to have some kind of a problem. It’s just like 2008. We’ve got another one of those coming.
By: SGTReport.com (April 8th, 2015)
There is now mounting evidence and undeniable proof that the world is actively preparing for economic life after the death of the Dollar. The facts are now quantifiable, and for those if us who are accustomed to this moment is history where the Dollar is still technically “the world’s reserve currency” and cheap imports fill big box stores, the truth of what’s occurring globally RIGHT NOW as discussed in this interview with Miles Franklin’s Bill Holter is startling – if not downright frightening.
By: Jeff Clark, CaseyResearch.com (April 8th, 2015)
“Gold is one of the dumbest things to put in your IRA,” said the slick TV commentator, with his $200 haircut, perfect white teeth, and superior attitude. “Everyone knows income-producing vehicles are best for an IRA.”
It was a prepackaged message from someone that sounded like he hadn’t given any more thought to the topic than what he’d read somewhere. His advice was misleading and incomplete, and I wondered how many viewers might weaken their portfolios by acting on his sound bite.
By: Peter Cooper, ArabianMoney.net (April 8th, 2015)
For some perspective on the US single-family home market, today’s chart presents the median single-family home price divided by the price of one ounce of gold.
This results in the home-to-gold ratio or the cost of the median single-family home in ounces of gold. For example, it currently takes a relatively low 168 ounces of gold to buy the median single-family home. This is dramatically less than the 601 ounces it took back in 2001.
By: Dan Popescu, GoldBroker.com (April 8th, 2015)
Dan Popescu's exclusive interview with David Morgan (The Morgan Report - Silver-investor.com) on silver and its relation to gold:
- Have gold and silver bottomed?
- The gold to silver ratio.
- The debt bomb, US dollar collapse, China and the monetary reset.
- State control on gold and silver buying.
- Gold and silver manipulation.
- Coin buying in Europe and the United States.
By: Gary Christenson, DeviantInvestor.com (April 7th, 2015)
Crude Oil is the world’s most important commodity as measured by dollar volume and wars fought to control it.
T-bonds are debt in the world’s reserve currency – the US dollar. The market is huge and important.
What do crude oil and T-bonds say about the silver market?
By: Steve St. Angelo, SRSroccoReport.com (April 7th, 2015)
With all the data finally out, the United States gold market suffered a massive deficit over the past three years. How large was this deficit? Actually, large enough to supply all the gold for the U.S. Mint’s production of its Gold Eagles for the past twenty years… a huge amount indeed.
While the U.S. gold market enjoyed some annual surpluses in previous years, the amount of the gold that left the country since 2012 was quite remarkable.
By: Bill Holter, MilesFranklin.com (April 7th, 2015)
The big story regarding the Asian Infrastructure Investment Bank was the application by the Israelis. This came just prior to the deadline and of course at the displeasure once again to Washington. Britain was the early defector followed by Germany, France and Italy. Eyebrows were raised when Saudi Arabia made their announcement but I believe what was truly missed was the application by Taiwan.
If you are old enough to remember, Taiwan was “recognized China” in the eyes of the U.S.. Mainland China was “Red” China and not officially recognized by the U.S., the application by Taiwan slipped by with little to no comment. I believe Taiwan’s application holds great significance because it means the “elder families” are on board and have given their approval. This is truly big news yet not even spoken of in the West? As I understand it, the application must now be approved, a potential sticking point is the name “Taiwan”, this will be very interesting to watch!
By: Michael Noonan, EdgeTraderPlus.com (April 6th, 2015)
The only thing that has experienced a worsening depreciation since the privately owned Federal Reserve unconstitutionally took over the Constitutionally mandated control of US money, willingly ceded by a vapidly inept Congress, has been common sense. There is none in his country, apparently none in all of Europe, and even less than those who deem themselves non-Europeans, the UKers.
There is no place at which to begin, for it all began a few centuries ago, although we seem to be closer to the end as the self-destruction of the simple life, desired by the masses, continues unabated, led by the psychotic, self-imagined grandeur of the so-called elite few. The Great Game continues to be played out, now led by proven incompetents from the war meisters using the military industrial complex of the US. The Game has been lost, but the US is a sore loser and refuses to give up, destroying rather than cooperating.
By: Greg Hunter, USAWatchdog.com (April 6th, 2015)
Bill Holter of MilesFranklin.com contends the banking system is interconnected and very weak and explains his point by saying, “Look at what happened when the Swiss dropped their peg to the euro. That basically has tanked the Austrian banking system. The Austrian banking system is on the verge of collapse because they lent in Swiss Francs. The strength in the Swiss Franc makes those loans much more difficult to pay back. That’s thrown the entire (Austrian) banking system out of kilter. If you do that with the dollar and you raise rates, and the dollar gets strong or spikes up 5% or 10% overnight, what’s that going to do to banks all over the world? That’s going to create a smoking black hole of derivatives.”
By: SGTReport.com (April 6th, 2015)
It’s time for another precious metals, economic and geopolitical roundtable discussion with Eric Dubin from The News Doctors, the Doc from Silver Doctors & SD Bullion where you can get Silver Eagles for $2.25 over spot, any quantity, and our very own contributor Rory from SGT Report. We touch on a wide variety of current events in this 40+ minute DOCUMENTING THE COLLAPSE podcast.
By: Louis James, CaseyResearch.com (April 3rd, 2015)
Periodically, some analyst or another with more spare time than common sense puts out a report with an attention-grabbing headline about how the world is only X years away from running out of Y mineral. Case in point: the Wrong Way Corrigans at Goldman Sachs are estimating that the world has only 20 years of mineable gold left.
In a way, this is understandable; mines are depleting assets by their very nature, and mineral exploration is difficult, costly, and fails more often than not. Metals are called nonrenewable resources for a reason.
By: Alasdair Macleod, FinanceAndEconomics.org (April 2nd, 2015)
There is only one way to value gold, and that is to quantify the expansion of the fiat currency in which it is priced.
That is the sole purpose of the Fiat Money Quantity (FMQ), which since I last wrote about it five months ago has increased by $375bn to $13.7 trillion. This is despite the end of quantitative easing, which had been tapered down before being abandoned altogether.
By: Will Lehr, PerpetualAssets.com (April 2nd, 2015)
Join us for a different angle, a unique investigation of the unprecedented events unfolding. This is a fantastic, action packed interview with almost 2 hours of content. Jim dives into the collapsing platforms of the US dollar. The tide is turning very quickly. Jim’s wealth of knowledge never ceases to amaze me and he seems to never miss a news development.
Jim reveals his belief that half of the purpose for the AIIB development bank will be the BRICS gold central bank. Jim gives us a rare breakdown of much of his brain team. Bear with us in the end as we ramble and chat a bit, on and off topic. Jim tells us his story of meeting a Rockefeller. Cold fusion, corrupt Vatican accounts, the new sheriff from the East, and Hitler- the topics covered are vast.
By: Keiser Report, RT (April 2nd, 2015)
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the fact that even ‘the very serious people’ are acknowledging that Quantitative Easing (QE) will “permanently impair living standards for generations to come.” In the second half, Max continues his interview (from Episode 737) with Swiss banker and gold expert, Egon von Greyerz of GoldSwitzerland.com about QE, gold and the economic and financial disasters wrought by central banks.
By: Louis James, CaseyResearch.com (April 2nd, 2015)
Interviewed by Louis James, Editor, International Speculator
L: Well, Doug, we’ve seen another quarter of high volatility and significant world events. What strikes you as most important at present?
Doug: Everything is still held together with chewing gum and baling wire, for which I’m grateful, considering what’s coming. It’s very clear to me that the global economy is in very much the same space as it was in 2007—in other words, on the edge of a precipice.
By: Alasdair Macleod, GoldMoney.com (April 2nd, 2015)
Gold priced in dollars hardly changed over the first quarter of 2015, but silver performed strongly, up 7%.
In generally choppy markets across all asset classes silver was bettered only by the Nikkei 225 Index. This compares with the NASDAQ up 3%, the US long bond up 2.6%, and the Standard &Poors up 1%.
By: MaxKeiserTV (April 1st, 2015)
Jan Skoyles interviews Kerim Sener of Ariana Gold. They discuss the gold business and trade in Turkey.
By: Jeff Nielson, BullionBullsCanada.com (April 1st, 2015)
In watching the Corporate media depict the U.S. dollar, and even its (bubble) equity markets as “safe havens”; it became clear that this was an opportune time to define the term “safe haven”. This is best accomplished by first showing what are not safe havens: the dubious dollar, along with the U.S.'s fraudulent and ridiculously overvalued equity markets.
Note the redundancy of the term. The word “haven” is defined as a sanctuary, and place of protection, by itself. Thus a “safe haven” directly implies ultimate safety: the safest-of-safe places for our wealth.
By: Greg Hunter, USAWatchdog.com (April 1st, 2015)
Could we have another financial disaster this fall? Financial expert Reggie Middleton contends, “There are a lot of powerful forces trying to kick the ball down the road, but the longer you kick it, the greater the recompense when it’s time to pay the piper. The most dangerous threat to the global economy would be a contagion from Europe and from Greece, but not because Greece defaults. This is the danger Greece causes, and that is Greece’s success is by far the greatest danger. Suppose Greece drops out of the Eurozone, and there are going to be hard times, and they pull it off . . . then every other country that is subjected to extreme austerity say why in the world are we allowing ourselves to be subjected to this by the Troika and Germany? Greece was able to pull out . . . and they did no worse than they did while being subjected to austerity. Then, now they are truly a sovereign nation. . . . If Greece gets away with it, then you have to take a look at Portugal and Spain and Italy and Ireland, and they will think about it. If Greece even partially succeeds, then the entire Eurozone experiment is gone.”
By: Peter Cooper, ArabianMoney.net (April 1st, 2015)
The smart guys are preparing to bailout of US stocks after its epic bull run and major bubble. The old stock market adage is ‘Sell in May and Go Away!’. But there may be rather too many people doing that trade this year so an early exit is advisable.
Going to cash of course is not without issues for investors, especially after the recognisable top for the US dollar last month. Even HSBC’s currency analysts think the dollar index topped at 100.
By: Chris Hamilton, Econimica.blogspot.com (March 31st, 2015)
I get some "normal people" types who don’t know what QE is or the difference between the Federal Reserve and the Federal government or a host of other acronyms and economic jargon…they ask for simple straight advice. Stock indexes at records, real estate nearing records in many markets but their own realities don't agree with these markets. They intuitively know or sense things aren’t exactly logically adding up but they aren’t economic nerd types…so, they reach out to the nearest nerd who “knows stuff” and can quote a lot of numbers…They say, “what should I do to protect my savings and my family”?
I offer I'm no "professional" and have no crystal ball. The following are just a quizzical mix of history and opinions of how to "invest" in a world where global credit creation is breaking down, meaning global demand is breaking down, meaning all the credit and leverage driven excess capacity around the world is set to hemorrhage until a balance can be found.
By: James Rickards, DailyReckoning.com (March 31st, 2015)
A money illusion sounds like something a prestidigitator performs by pulling $100 bills from a hat shown to be empty moments before. In fact, money illusion is a longstanding concept in economics that has enormous significance for you if you’re a saver, investor or entrepreneur.
Money illusion is a trick, but it is not one performed on stage. It is a ruse performed by central banks that can distort the economy and destroy your wealth.
The money illusion is a tendency of individuals to confuse real and nominal prices. It boils down to the fact that people ignore inflation when deciding if they are better off. Examples are everywhere.
By: Steve St. Angelo, SRSroccoReport.com (March 31st, 2015)
While gold is a main focus of the Central Bank market rigging apparatus, physical silver investment demand is their real enemy. The reason is simple. Central Banks have gold in their vaults to dump on the market (or to lease) to control the price, but they have very little if any silver for this purpose.
We must remember, Gold and Silver go hand in hand. If one is controlled, so must the other. If the price of silver got out of hand and skyrocketed higher, for whatever reason, it would impact the price of gold as well.
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