http://www.railpictures.net/viewphoto.php?id=539444
*Sudan “46’000 Tonnes Gold discovery”
Bill
Armstrong once again just lost all his credibility and came out either as a Presstitute, or perhaps a blackmailed parole prisoner, take your pick.
“Well, when it rains it pours. A new discovery of gold has occurred and the quantity expected is up to 46,000 tons, equivalent to a market value estimate of 298 billion U.S. dollars if the market stays the same. The entire U.S. gold reserve is 8,000 tons. So, we are talking about a sizable discovery in the Sudan.”END
http://de.sputniknews.com/wirtschaft/20150729/303537086.html
I don’t think this reported new Gold find would pass 43-101, or even for that matter a Kindergarten supervisor. If it were anywhere approaching the truth, the media would be full of it, and a huge gold rush would have started.
In his haste to knock down the Gold price for his new mentors Armstrong has once again destroyed his reputation as a “great Guru”.
Sadly Bix picks up on crazy propaganda like this, and ruins his own credibility as well.
Not even Bob Moriarty would fall for the Sudan story, and also, he probably wouldn’t even like the management.
I estimate there is a 1% chance that I am wrong,
Sandstorm Gold Announces Record Production in Second Quarter
http://finance.yahoo.com/news/sandstorm-gold-announces-record-production-200100990.html
Barrick Announces Sale of 50 Percent of Zaldívar Mine, Formation of New Partnership with Antofagasta Plc
http://finance.yahoo.com/news/barrick-announces-sale-50-percent-202207944.html
Yamana Gold Provides Brazilian Exploration Update
http://finance.yahoo.com/news/yamana-gold-provides-brazilian-exploration-203018795.html
Yamana Gold Announces Second Quarter 2015 Results
http://finance.yahoo.com/news/yamana-gold-announces-second-quarter-204000793.html
Pinetree Capital Ltd. Announces Unaudited Financial Results for the Three and Six Months Ended June 30, 2015
http://finance.yahoo.com/news/pinetree-capital-ltd-announces-unaudited-205054324.html
Endeavour Mining Q2 2015 AISC/oz of $898, Profit of $33M And $20M Debt Payment in July
http://finance.yahoo.com/news/endeavour-mining-q2-2015-aisc-210000760.html
Hey heat wave all over the place. Hope animals are being protected.
Then the Guillotine is the Solution !”
I agree that is half of the solution. The other half is to take bribery money out of the decision making. IMO it is WAAAY past time to clean house from the top top the bottom, starting with impeachment at the top and reversing EVERY Executive Order he made so the Constitution is restored to its original state.
Hillary Clinton’s curious relationship with major Swiss bank draws attention
This is a very interesting few minutes that points out that we the people now have a power we never had before. Is this the reason for TPTB now making their big push to control the world, realizing if they don’t do it now they will never be able to do it?? I think so, and IMO this is not the time to buckle under and throw in the towel!! It’s time to fight back against this tyranny!!
https://www.youtube.com/watch?feature=player_detailpage&v=59rf5wzkUrM
That’s what it seems to be about, and them ” who sign what they don’t even read, never had control in the first place. The multinationals and others behind the scene know their easy to bribe.
After a weak SM opening it’s back to Unch….PM’s tried to rally but have been pushed back to near recent lows especially the shares…Oil as well tried to rally but is now unch… rates are soft and the Dollar is bid.
All in all a very good day so far.
Gang members plan to kill 100 people in 100 days in LA.
Then the Guillotine is the Solution !
IMO these boom/bust cycles are all created, not accidental happenings by the idiots in charge. However, it appears they have gotten out of control now, but is it because they want to break us all so they can introduce the new monetary system and once again be in total control?? Probably, IMO!!!
and Secretary RICE hasent read it why the F__K are they signing it ?
I got a bridge to sell ya ! its in Brooklyn NY…FOOL !
I think everybody forgets, the money needs a poor host (18 to 25 year old) to spend it. The non poor don’t really need or want anything more. Note min wage hoopla.
You didnt make the Ketchup business ..YOU married it, and the woman you married didnt make it either !,She married it TOO .
The Heinz family of Republican Senator John Heinz did it.
Kerry sold it and now they are adding High Fructose Corn Syrup to it to increase profit because they paid too much for it…
Thats when I switched over to Hunts..and now they too are adding HIGH FRUCTOSE Corn to theirs in order to compete with lower cost Heinz. Everything goes to hell when democrats marry money ..
Kerry: We Don’t Have ‘Access’ to the ‘Actual Agreement’ on Iran Side Deals
Wage and price controls are still here from the 1970s but more stealthily administered. The way I see it the gov’t and big business together control everything, especially labor and materials, for their greater good, until the distortion gets so out of whack, they lose control when the DISTORTION tries to right itself.
Like a Toyota getting 28 miles per gallon to the point of impact and ball of fire, the control freaks had control until Joe Sixpack stopped making mortgage payments.
This chart is a simple view of them having trouble with control.
Copper $1 plus minus .50 cents ’71-’04 control, after ’74 trouble.
http://www.mrci.com/pdf/hg.pdf
Gold pretty much same thing until ’04.
http://www.mrci.com/pdf/gc.pdf
Cattle, same:
http://www.mrci.com/pdf/lc.pdf
Oil same:
http://www.mrci.com/pdf/cl.pdf
They all look the same. Armstrong is a barbarous relic regarding the history of the economy and how it works.
will go from being a Hero that stopped inflation to being a BUM that wrote the Formula for Depression ..
Its because they use the only tool they have the Printing Press …
Its like asking a Carpenter to fix a watch ..the first thing he looks for is a Hammer !
Listen you Fed Head Idiots the “Money Supply “is NOT the CURE leave it alone at 6 % 0f GNP whatever that is !
Its your job to accommodate growth with new money at the same growth RATE as the economy ..when the economy falters leave the money supply alone do not cut it ..The little extra money will be there when it turns again ..Do not increase it ,you will create another problem.
Policy and Management will drive the economy ..NOT the MONEY SUPPLY .Replace the President or the Congress if the economy falters .
FIX the money supply at a % of GNP and do away with the FED ..6% is plenty ..it will stop inflation and depression.Its a self regulation mechanism fix it a 6 % and go away the Fed is not needed.
About 11 minutes and worth the education unless you have a closed mind and not receptive to learning!!
They are still making the same mistakes,but this time Upside Down !
It seems the Gold Gnomes of Zurich having been replaced by the Paper Gnomes of London was a Mistake !
and when Volcker suggested he should have done something about Gold to curtail inflation while he was in office which would have prevented The Inflation President Carter experienced and 20 % interest rate CURE was replaced by doing TOO much about Gold creating a DEPRESSION and a below ZERO interest rate cure sending Retirees to the Poor House and the Rest to Food Stamp Lines .
The Fed was wrong ,Volcker was wrong, Bernanke & Yellen ,are wrong its just the SAME CURE upside DOWN.
TOO MUCH INTERFERENCE by Money Managers in the Market PLace . Just SAY NO to the Politicians !
Ditto for Greece !
It seems to me “They better Leave GOLD ALONE because they dont know the end result ..they think they do.
Its always do too Little then TOO much …stop already !Your too Stupid to manipulate GOLD ! You cant control the Outcome !
Lagarde Says No To IMF Aid For Greece
The International Monetary Fund’s board has been told Athens’ high debt levels and poor record of implementing reforms disqualify Greece from a third IMF bailout of the country, raising new questions over whether the institution will join the EU’s latest financial rescue.
http://www.zerohedge.com/news/2015-07-30/lagarde-says-no-imf-aid-greece
as someone must have bt heavily in the fix….now the scum will have to deal with that.
The Silverton Gold Train climbs the cliffs.
http://www.railpictures.net/viewphoto.php?id=540281