That’s $154 dollars per oz above that low of $1,140. It now costs $3,080 more for a roll of 20 coins.
http://quotes.ino.com/chart/index.html?s=FOREX_XAUUSDO&t=c&a=50&w=1&v=d3
That’s $154 dollars per oz above that low of $1,140. It now costs $3,080 more for a roll of 20 coins.
http://quotes.ino.com/chart/index.html?s=FOREX_XAUUSDO&t=c&a=50&w=1&v=d3
Gold, way below the old 17% apy line: http://scharts.co/TgIT7o
http://quotes.ino.com/chart/index.html?s=FOREX_XAUUSDO&t=c&a=50&w=1&v=d3
Gold back to 1974: http://www.mrci.com/pdf/gc.pdf
Copper, note crazy price gyrations, semi-precious metal, price controlled, $1 plus or minus 50 cents for 30 years, until the bozos finally lost control.
Note chart at 9/11/01, sucker punch at the exact wrong time, on lows, threw the master planners off stride.
GREEK elections 25 Jan, Euro, Swisse , QE, bode well for Gold and Silver.
Oil $25 good for miners.
Interesting article from miningaustralia, oil $25 ?
GT
“Rick Harrison, the ‘star’ of Pawn Stars, was a bit more on his ‘home turf’ as the conversation continued to turn to things he understands from his day to day business. Rick is a retail merchant of gold. And he said, flat out, that his biggest trouble now is that his suppliers in the US have no supply for him. They are out. “
Well if it walks across the border like a duck looks like a duck maybe it is a duck.
http://newsbusters.org/blogs/melissa-mullins/2015/01/10/santa-barbara-paper-worst-ever-illegals
“The paper system being founded on public confidence and having of itself no intrinsic value, it is liable to great and sudden fluctuations, thereby rendering property insecure and the wages of labor unsteady and uncertain. The corporations which create the paper money can not be relied upon to keep the circulating medium uniform in amount. In times of prosperity, when confidence is high, they are tempted by the prospect of gain or by the influence of those who hope to profit by it to extend their issues of paper beyond the bounds of discretion and the reasonable demands of business; and when these issues have been pushed on from day to day, until public confidence is at length shaken, then a reaction takes place, and they immediately withdraw the credits they have given, suddenly curtail their issues, and produce an unexpected and ruinous contraction of the circulating medium, which is felt by the whole community. The banks by this means save themselves, and the mischievous consequences of their imprudence or cupidity are visited upon the public.” Andrew Jackson
spot silver keeps spiking up through the $18.00 barrier and getting slapped back down. any bets how long this will go on before it rips through and runs?
I have heard that China is very nationalistic…nationalism isn’t just for White guys with little black mustaches.
besides, we already have a unified global monetary policy based on the USD. Why do you think a similar replacement with a different name will be acceptable now that it is clear that its predecessor has failed? When Fiat money dies it is never immediately replaced with a new confidence game Fiat. Failed Fiat is always replaced with something with physical collateral backing.
So let the price discovery begin. The global petroleum complex is already there. So is iron ore, copper and the most of the central bank bloated world of industrial commodities. The EM currencies are not far behind. Nor is the $9 trillion of vastly over-valued off-shore debt that was denominated in dollars and sold to yield hungry speculators.
Take a trip to Istanbul. Ask how the skyline of construction cranes will find the dollars to pay off the debt they have poured into still empty towers.
For that matter, can the Japanese monetary madhouse be far behind? Have not even the Shanghai market punters figured out that China’s $26 trillion tower of debt is already swaying precariously in the global financial winds?
Yes, the Swiss National Bank did ring the bell. Slowly at first, and then with a rush, the casino players will learn that the central banks have been lying all along. Then the lost art of “price discovery” will have its way.
This is precisely why I am a Medicine Man member of the Nemenhah Band, a Native American Church. The ‘Native American Freedom to Exercise Religion Act’ of congress gives us protected rights to exercise healing ceremonies.
A Co-founder, Federal Judge for the BIA, was quoted as saying: “I pity the fool that tries to prosecute one of our members!”
It never ceases to amaze me the lengths ‘they’ will go to… to demonize MMS.
Good for Rick Harrison for putting a frown on the faces of those bubblevision shills! They couldn’t get away from the topic fast enough.
ISIS now killing Buddists. Hold two Japanese hostages.
http://www.thedailybeast.com/articles/2015/01/20/isis-provokes-pacifist-japan-by-taking-hostages.html
For several years I have spoken of the necessity for a “re set”, the Swiss have now begun this process officially or by decree if you will. Many have laughed as I have written the scenario of going to bed with $1,500 gold and waking up to a bid of $4,000 gold and none offered. This is exactly what happened to a smaller degree with the franc/euro cross. It only took 5 minutes for a 30% move to occur. Why do question this cannot happen with gold? Did the Swiss not artificially depress the value of their currency by implementing the peg? Have we not shown you time and time again, evidence of gold price suppression? Is there any difference?
I remind you, the “door” to gold is a very small and definitely finite one. There is only so much of it. There is only so much of it “willing” to be sold. Another aspect is the newfangled “fractional reserve” position of gold. In order to suppress price (the truth), 100 paper ounces have been sold for every one and single real ounce. We will see not only panicked investors looking for safety trying to get through the golden door, we will also see those who previously “thought” they owned gold jamming the entrance.
When it becomes no longer desirable, tenable or even possible to suppress gold, what do you think will happen to price? You have already seen your answer from the Swiss. It is for this reason I have harped that “trading” in and out of gold is very dangerous. You can make 100 trades, 99 of them profitable (good luck with this percentage!) and be “out” on just one… the wrong one! When the re set of gold’s price takes place, you will either be in, or you’re out. If you are out, you will not be allowed back in until whatever “clearing” level is found. My guess is this clearing level will be multiples of current price! By the way, no one will tap you on the shoulder and tell you “when” this will happen but rest assured, the price of everything will be re set versus gold.
Rick Harrison the star of Pawn Stars on CNBS. “how were your sales over Christmas”? – Flat.
“Flat”? “You’re happy with that”? – Yeah, most of my competitors were down 1%
“What were you biggest selling items”? – Gold and silver bullion
CNBS – “OH F#*K! How can that be? 🙂
Maybe people are waking up.
Too bad they can’t produce a vaccine that would get rid of pedophiles!
Sounds like the work of misinformed busy bodies. That’s why the goon squad should never been called in something not immediately life threatening and CPS with hopefully common sense could be called to talk to parens. Not bunch of cops looking for a pat on back harassing kids as well as parents leaving them stand out in freezing could for half hr also interrogating kids without a parent or social worker present. This is BS unconstitutional and hope they sue the police department. Again why they should not be called less immediate concern for a life. Even then outcome might not be so good for child,like hostage situation.
You could have bt any amount of GG at 24.24, whatever was bid, was offered 10 times.
Nothing changes……..Yet !!!!
why did the Mormon’s get the cold shoulder to polygamy and bending the laws to how they saw fit. If polygamists aren’t allowed to redefine marriage to suit themselves, why should homosexuals be allowed to? Now that’s a billion dollar question. I’m not taking sides, just pointing out discrepancies in rule of law
big discussion gay rights
HONEST
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i thought this was brittish…………..ok.
this is from Russia, thinking those are easy to handle??
democrates must have a site for Obama like this…. or…??
(please do not regard russians as communists, that will put you back a hundred years in thinking.
There is much more to it….
nemo